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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
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3 Months Ended | 9 Months Ended | ||
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Mar. 31, 2014
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Mar. 31, 2013
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Mar. 31, 2014
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Mar. 31, 2013
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| Net revenues | $ 2,092,525 | $ 2,339,074 | $ 7,882,374 | $ 16,650,903 |
| Cost of revenues | (948,514) | (1,993,924) | (5,077,085) | (15,118,150) |
| Gross profit | 1,144,011 | 345,150 | 2,805,289 | 1,532,753 |
| General and administrative expenses | (996,355) | (539,348) | (2,492,197) | (2,543,959) |
| Selling expenses | (77,346) | (29,606) | (205,871) | (213,032) |
| Costs and expenses | (1,073,701) | (568,954) | (2,698,068) | (2,756,991) |
| Operating Income (loss) | 70,310 | (223,804) | 107,221 | (1,224,238) |
| Financial income(expense), net | (91,896) | (7,060) | (52,174) | 22,674 |
| Other income, net | 106,799 | 5,224 | 137,171 | 47,013 |
| Nonoperating Income (Expense), Total | 14,903 | (1,836) | 84,997 | 69,687 |
| Net income (loss) before provision for income taxes | 85,213 | (225,640) | 192,218 | (1,154,551) |
| Income tax benefit (expense) | 1,186 | 14,600 | 5,919 | (64,500) |
| Net income (loss) | 86,399 | (211,040) | 198,137 | (1,219,051) |
| Net loss attributable to non-controlling interest | (239,722) | (44,530) | (902,499) | (570,722) |
| Net income (loss) attributable to Sino-Global Shipping America, Ltd. | 326,121 | (166,510) | 1,100,636 | (648,329) |
| Net income (loss) | 86,399 | (211,040) | 198,137 | (1,219,051) |
| Other comprehensive income: | ||||
| Foreign currency translation adjustments | 60,145 | 7,327 | 19,751 | (9,596) |
| Comprehensive income (loss) | 146,544 | (203,713) | 217,888 | (1,228,647) |
| Less: Comprehensive loss attributable to non-controlling interest | (157,265) | (52,538) | (867,858) | (593,205) |
| Comprehensive income (loss) attributable to Sino-Global Shipping America Ltd. | $ 303,809 | $ (151,175) | $ 1,085,746 | $ (635,442) |
| Earnings (loss) per share | ||||
| -Basic and diluted | $ 0.07 | $ (0.06) | $ 0.23 | $ (0.22) |
| Weighted average number of common shares used in computation | ||||
| -Basic and diluted | 4,703,841 | 2,903,841 | 4,703,841 | 2,903,841 |
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax of (increase) decrease in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Details
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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- Details
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