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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 14,285,001 $ 13,156,754
Accounts receivable 10,993,191 12,341,419
Other receivables, net 79,021 41,870
Inventories, net 3,379,065 2,285,254
Prepaid expenses and other current assets 19,135 11,838
Prepaid income taxes 28,240 30,866
Advance payments to vendors 127,100 8,382
Total current assets 28,910,753 27,876,383
Property and equipment, net 219,942 317,764
Intangible assets, net 1,109,475 1,126,887
Deferred tax assets, non-current 1,661,906 2,018,736
Goodwill 273,285 273,285
Other assets 136,652 136,074
TOTAL ASSETS 32,312,013 31,749,129
Current liabilities    
Accounts payable 12,862,564 13,276,125
Advance payments from customers 51,997 1,901
Accrued liabilities 288,342 247,302
Total current liabilities 13,202,903 13,525,328
Total liabilities 13,202,903 13,525,328
Commitments and contingencies (Note 8)
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, 2017 and 2016 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,520,203 and 10,442,203 shares issued and outstanding as of June 30, 2017 and 2016, respectively 13,922 13,844
Additional paid-in capital 7,375,322 7,295,580
Retained earnings 15,846,022 14,972,062
Treasury stock, 3,472,286 shares as of June 30, 2017 and 2016 (4,513,479) (4,513,479)
Accumulated other comprehensive loss (613,805) (648,127)
Total Parent Company stockholders' equity 18,107,982 17,119,880
Non-controlling interests 1,001,128 1,103,921
Total Stockholders' Equity 19,109,110 18,223,801
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 32,312,013 $ 31,749,129