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Segment Reporting (Tables)

9 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of information by segment

		For the nine months ended March 31, 2019
		Luobuma				Herbal				Other agricultural
		products				products				products				Total
Segment revenue		$	641,877			$	10,050,987			$	12,980,747			$	23,673,611
Cost of revenue and related business and sales tax			314,199				7,602,465				8,889,079				16,805,742
Gross profit			327,678				2,448,522				4,091,669				6,867,869
Gross profit %			51.1	%			24.4	%			31.5	%			29.0	%

		For the nine months ended March 31, 2018
		Luobuma				Herbal				Other agricultural
		products				products				products				Total
Segment revenue		$	10,411,292			$	10,231,923			$	14,639,762			$	35,282,977
Cost of revenue and related business and sales tax			4,820,945				7,934,502				10,359,506				23,114,953
Gross profit			5,590,347				2,297,421				4,280,256				12,168,024
Gross profit %			53.7	%			22.5	%			29.2	%			34.5	%

		For the three months ended March 31, 2019
		Luobuma				Herbal				Other agricultural
		products				products				products				Total
Segment revenue		$	131,153			$	3,253,083			$	4,318,362			$	7,702,598
Cost of revenue and related business and sales tax			92,413				2,447,509				2,805,813				5,345,735
Gross profit			38,740				805,574				1,512,549				2,356,863
Gross profit %			29.5	%			24.8	%			35.0	%			30.6	%

		For the three months ended March 31, 2018
		Luobuma				Herbal				Other agricultural
		products				products				products				Total
Segment revenue		$	5,477,219			$	3,303,784			$	4,560,278			$	13,341,281
Cost of revenue and related business and sales tax			2,357,960				2,575,946				3,145,498				8,079,404
Gross profit			3,119,259				727,838				1,414,780				5,261,877
Gross profit %			56.9	%			22.0	%			31.0	%			39.4	%

		March 31, 2019				June 30, 2018
Luobuma products		$	6,897,321			$	11,927,928
Herbal products			46,023,816				40,904,909
Other agricultural products			32,407,946				30,267,580
		$	85,329,083			$	83,100,417

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- References

No definition available.

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