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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Jun. 30, 2025
Current assets    
Cash and cash equivalents $ 53,253,117 $ 52,519,418
Accounts receivable, net 20,678,903 19,345,061
Inventories, net 37,878,957 36,975,287
Advances to suppliers, net 8,649,281 12,367,419
Other current assets 10,855,715 10,395,335
Total current assets 131,315,973 131,602,520
Non-current assets    
Plant, property and equipment, net 11,819,207 12,224,583
Intangible assets, net 13,305,067 13,279,462
Other non-current assets 589,578 590,483
Total non-current assets 25,713,852 26,094,528
Total assets 157,029,825 157,697,048
Current liabilities    
Accounts payable 1,526,269 1,736,031
Customer deposits 3,441,483 4,526,024
Accrued expenses and other payables 19,288,885 22,289,890
Taxes payable 26,468,505 26,528,836
Short term loans 9,562,517 4,720,934
Total current liabilities 66,201,594 65,687,751
Long-term loans 2,612,556 7,889,627
Total non-current liabilities 2,612,556 7,889,627
Total liabilities 68,814,150 73,577,378
Commitments and Contingencies
Stockholders’ Equity    
Preferred Stock, $.001 par value, 20,000,000 shares authorized, 0 shares issued and outstanding as of September 30, 2025 and June 30, 2025, respectively
Common stock, $.001 par value, 115,197,165 shares authorized, 16,116,914 and 16,116,914 shares issued, respectively; 15,769,434 and 15,770,934 shares outstanding as of September 30, 2025 and June 30, 2025, respectively 16,117 16,117
Additional paid-in capital 246,306,702 246,306,702
Statutory reserve 26,906,554 26,787,507
Retained earnings (159,611,840) (160,580,590)
Less: Treasury Stock (399,742) (398,526)
Accumulated other comprehensive loss (25,002,116) (28,011,540)
Total Stockholders’ Equity 88,215,675 84,119,670
Total Liabilities and Stockholders’ Equity 157,029,825 157,697,048
Related party    
Current liabilities    
Amount due to related parties $ 5,913,935 $ 5,886,036