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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 10,936,994 $ 13,156,754
Accounts receivable 12,306,654 12,341,419
Other receivables, net 43,706 41,870
Inventories, net 2,118,986 2,285,254
Prepaid expenses and other current assets 12,685 11,838
Prepaid income taxes 30,866 30,866
Deferred tax assets, current 308,618 292,622
Advance payments to vendors 188,255 8,382
Total current assets 25,946,764 28,169,005
Property and equipment, net 277,839 317,764
Intangible assets, net 1,127,065 1,126,887
Deferred tax assets, non-current 1,726,114 1,726,114
Goodwill 273,285 273,285
Other assets 140,825 136,074
TOTAL ASSETS 29,491,892 31,749,129
Current liabilities    
Accounts payable 10,576,493 13,276,125
Advance payments from customers 77,598 1,901
Accrued liabilities 174,070 247,302
Income tax payable 151,118 0
Total current liabilities 10,979,279 13,525,328
Total liabilities 10,979,279 13,525,328
Commitments and contingencies (Notes 7)
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 September 30, 2016 and 2015 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 13,879 13,844
Additional paid-in capital 7,330,145 7,295,580
Retained earnings 15,234,603 14,972,062
Treasury stock, 3,472,286 shares as of September 30, 2016 and June 30, 2016 (4,513,479) (4,513,479)
Accumulated other comprehensive loss (587,007) (648,127)
Total Parent Company stockholders' equity 17,478,141 17,119,880
Non-controlling interests 1,034,472 1,103,921
Total Stockholders' Equity 18,512,613 18,223,801
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 29,491,892 $ 31,749,129