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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2018
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 12,070,658 $ 14,285,001
Accounts receivable 6,216,009 10,993,191
Other receivables, net 62,862 79,021
Inventories, net 1,356,352 3,379,065
Prepaid expenses and other current assets 20,251 19,135
Prepaid income taxes 28,240 28,240
Advance payments to vendors 134,319 127,100
Total current assets 19,888,691 28,910,753
Property and equipment, net 147,656 219,942
Intangible assets, net 1,076,241 1,109,475
Deferred tax assets, non-current 1,744,174 1,661,906
Goodwill 273,285 273,285
Other assets 145,043 136,652
TOTAL ASSETS 23,275,090 32,312,013
Current liabilities    
Accounts payable 5,142,917 12,862,564
Advance payments from customers 911 51,997
Accrued liabilities 261,270 288,342
Total current liabilities 5,405,098 13,202,903
Total liabilities 5,405,098 13,202,903
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 March 31, 2018 and June 30, 2017 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,570,203 and 10,520,203 shares issued and outstanding as of March 31, 2018 and June 30, 2017, respectively 13,972 13,922
Additional paid-in capital 7,442,272 7,375,322
Retained earnings 14,536,998 15,846,022
Treasury stock, 3,472,286 shares as of March 31, 2018 and June 30, 2017 (4,513,479) (4,513,479)
Accumulated other comprehensive loss (540,189) (613,805)
Total Parent Company stockholders' equity 16,939,574 18,107,982
Non-controlling interests 930,418 1,001,128
Total Stockholders' Equity 17,869,992 19,109,110
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 23,275,090 $ 32,312,013