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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 13,156,754 $ 11,822,620
Accounts receivable 12,341,419 5,464,182
Other receivables, net 41,870 143,384
Inventories, net 2,285,254 2,281,667
Prepaid expenses and other current assets 11,838 60,339
Prepaid income taxes 30,866 1,055,788
Deferred tax assets, current 292,622 206,902
Advance payments to vendors 8,382 62,321
Total current assets 28,169,005 21,097,203
Property and equipment, net 317,764 314,492
Intangible assets, net 1,126,887 1,042,281
Deferred tax assets, non-current 1,726,114 1,860,347
Goodwill 273,285 273,285
Other assets 136,074 129,859
TOTAL ASSETS 31,749,129 24,717,467
Current liabilities    
Accounts payable 13,276,125 7,362,075
Advance payments from customers 1,901 693,317
Accrued liabilities 247,302 238,619
Short-term borrowings 0 148,295
Total current liabilities 13,525,328 8,442,306
Total liabilities 13,525,328 8,442,306
Commitments and contingencies (Notes 9)
Parent Company stockholders' equity:    
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of June 30, 2016 and 2015 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,442,203 and 10,533,869 shares issued and outstanding as of June 30, 2016 and 2015, respectively 13,844 13,806
Additional paid-in capital 7,295,580 7,305,767
Retained earnings 14,972,062 13,361,091
Treasury stock, 3,472,286 and 3,342,286 shares as of June 30, 2016 and 2015, respectively (4,513,479) (4,279,479)
Accumulated other comprehensive loss (648,127) (664,722)
Total Parent Company stockholders' equity 17,119,880 15,736,463
Non-controlling interests 1,103,921 538,698
Total Stockholders' Equity 18,223,801 16,275,161
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 31,749,129 $ 24,717,467