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INVESTMENTS (Tables) | 3 Months Ended
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Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments [Table Text Block] | The Company’s investments in unconsolidated entities consist of the following:
|  | September 30, 2017 |  | June 30, 2017 |
Shaanxi Pharmaceutical Holding Group Longevity Pharmacy Co., Ltd. (Ankang Longevity Pharmacy) |  | $ | 2,921,271 |  | $ | 2,744,391 |
Shaanxi Pharmaceutical Sunsimiao Drugstores Ankang Chain Co., Ltd. |  |  | 644,916 |  |  | 611,228 |
Zhejiang Zhen’Ai Network Warehousing Services Co., Ltd. |  |  | 2,178,843 |  |  | 2,139,461 |
Original Lab Inc. |  |  | 200,000 |  |  | 200,000 |
Total |  | $ | 5,945,030 |  | $ | 5,695,080 |
Equity Method Investments Summarized Financial Information [Table Text Block] | Summarized financial information of unconsolidated entities is as follows:
|  | September 30, 2017 |  | June 30, 2017 |
Current assets |  | $ | 35,535,941 |  | $ | 32,880,168 |
Noncurrent assets |  |  | 264,785 |  |  | 281,162 |
Current liabilities |  |  | 28,538,267 |  |  | 26,328,322 |
|  | For the three months ended September 30, |
|  | 2017 |  | 2016 |
Net sales |  | $ | 7,445,561 |  | $ | 7,072,032 |
Gross profit |  |  | 969,677 |  |  | 895,484 |
Income from operations |  |  | 303,766 |  |  | 328,365 |
Net income |  |  | 302,975 |  |  | 328,941 |

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- Definition Equity method investments summarized financial information. + References No definition available. + Details
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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
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