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Segment Reporting (Tables)
9 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment

  Three Months Ended
March 31,
  Nine Months Ended 
March 31,
 
 2018  2017  2018  2017 
Revenues from unaffiliated customers:                
Jinong $27,490,333  $26,316,821  $80,475,373  $84,570,215 
Gufeng  38,932,597   30,858,499   81,602,384   67,734,572 
Yuxing  3,041,891   2,781,003   6,788,282   6,590,728 
VIES  13,086,062   21,349,305   40,416,989   43,039,748 
Consolidated $82,550,883  $81,305,628  $209,283,028  $201,935,263 
                 
Operating income:                
Jinong $5,704,281  $5,960,846  $18,047,510  $18,080,850 
Gufeng  3,210,959   2,457,008   7,866,697   5,448,907 
Yuxing  (951,474)  244,978   (553,726)  732,788 
VIES  2,067,194   1,242,773   2,146,824   3,683,537 
Reconciling item (1)  0   0   0   0 
Reconciling item (2)  (404,960)  (209,917)  (1,035,731)  (209,917)
Reconciling item (3)--stock compensation      (1,801)  0   (1,858,071)
Consolidated $9,625,999  $9,693,887  $26,471,574  $25,878,094 
                 
Net income:                
Jinong $4,778,486  $4,852,889  $15,238,735  $15,048,662 
Gufeng  2,310,042   2,160,630   5,526,873   4,145,555 
Yuxing  (951,805)  245,239   (553,314)  732,828 
VIES  1,892,425   1,144,635   1,693,616   3,190,209 
Reconciling item (1)  0   -   4   - 
Reconciling item (2)  (404,960)  (211,718)  (1,035,731)  (2,067,988)
Reconciling item (3)  2,844       (322,214)    
Consolidated $7,627,033  $8,191,675  $20,547,969  $21,049,266 
                 
Depreciation and Amortization:                
Jinong $226,678  $1,764,443  $1,502,805  $11,752,674 
Gufeng  574,120   578,525   1,674,176   1,836,875 
Yuxing  327,729   302,729   955,530   922,855 
VIES  195,922   159,942   626,327   409,144 
Consolidated $1,324,449  $2,805,639  $4,758,838  $14,921,548 
                 
Interest expense:                
Jinong  74,270   188,003   216,553   301,355 
Gufeng  105,299   44,636   311,667   163,075 
Yuxing  0   0   0   0 
Sales VIEs  (97,559)  0   (172,048)  0 
Consolidated $82,010  $232,639  $356,172  $464,430 
                 
Capital Expenditure:                
Jinong $537  $1,186  $4,686  $2,979 
Gufeng  (11,286)  2,300   2,878   7,299 
Yuxing  350   -   5,122   6,226 
VIES  20,520   14,252   20,520   14,252 
Consolidated $10,120  $17,738  $33,207  $30,756 

  

  As of 
  March 31,  June 30, 
  2018  2017 
Identifiable assets:      
Jinong $239,634,153  $213,355,900 
Gufeng  170,849,066   156,648,924 
Yuxing  42,118,634   40,965,345 
Sales VIES  45,628,711   44,571,422 
Reconciling item (1)  482,949   142,918 
Reconciling item (2)  (2,879)  (2,879)
Consolidated $498,710,634  $455,681,630 

 

(1)Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.
(2)Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.