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v3.19.3

Restricted Net Assets (Details) - USD ($) | Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2017
--- | --- | --- | ---
Current Assets: |  |  |
Cash and cash equivalents | $ 72,259,804 | $ 150,805,639 | $ 123,031,537
Total Current Assets | 414,954,039 | 407,426,651 |
Total Assets | 481,000,399 | 482,985,960 |
Current Liabilities: |  |  |
Accounts payable | 19,004,548 | 27,128,921 |
Amount due to related parties | 3,641,945 | 3,271,619 |
Other payables and accrued expenses | 12,029,722 | 10,207,058 |
Total Current Liabilities | 76,927,406 | 83,066,274 |
Stockholders' Equity |  |  |
Common stock, $.001 par value, 115,197,165 shares authorized, 3,986,912 and 3,241,413 shares issued and outstanding as of June 30, 2019 and June 30, 2018, respectively | 3,985 | 3,241 |
Additional paid in capital | 138,012,445 | 129,372,691 |
Accumulated other comprehensive income | (19,821,211) | (3,598,215) |
Retained earnings | 247,122,574 | 235,822,726 |
Total Stockholders' Equity | 396,555,686 | 392,547,786 | $ 397,528,051
Total Liabilities and Stockholders' Equity | 481,000,399 | 482,985,960 |
Parent Company [Member] |  |  |
Current Assets: |  |  |
Cash and cash equivalents | 78,406 | 16,952 |
Other current assets | 71 | 71 |
Total Current Assets | 78,476 | 17,022 |
Long-term equity investment | 406,084,910 | 400,248,804 |
Total long-term assets | 406,084,910 | 400,248,804 |
Total Assets | 406,163,387 | 400,265,826 |
Current Liabilities: |  |  |
Accounts payable | 214,520 | 214,520 |
Amount due to related parties | 2,592,986 | 2,183,756 |
Other payables and accrued expenses | 6,800,194 | 5,319,763 |
Total Current Liabilities | 9,607,701 | 7,718,039 |
Stockholders' Equity |  |  |
Common stock, $.001 par value, 115,197,165 shares authorized, 3,986,912 and 3,241,413 shares issued and outstanding as of June 30, 2019 and June 30, 2018, respectively | 3,987 | 3,241 |
Additional paid in capital | 138,012,445 | 129,372,691 |
Accumulated other comprehensive income | (19,821,211) | (3,598,215) |
Retained earnings | 278,360,465 | 266,770,070 |
Total Stockholders' Equity | 396,555,686 | 392,547,787 |
Total Liabilities and Stockholders' Equity | $ 406,163,387 | $ 400,265,826 |

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