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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
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9 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Operating Activities | ||
| Net income | $ 573,154us-gaap_ProfitLoss | $ 198,137us-gaap_ProfitLoss |
| Adjustment to reconcile net income to net cash provided by (used in) operating activities | ||
| Depreciation and amortization | 140,464us-gaap_DepreciationAndAmortization | 103,041us-gaap_DepreciationAndAmortization |
| Amortization of stock-based compensation to consultants | 314,622sino_AmortizationOfStockbasedCompensation | 0sino_AmortizationOfStockbasedCompensation |
| Recovery of doubtful accounts | (17,009)us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries | (263,247)us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries |
| Deferred tax benefit | (91,300)us-gaap_DeferredIncomeTaxExpenseBenefit | (40,700)us-gaap_DeferredIncomeTaxExpenseBenefit |
| (Gain) loss on disposition of property and equipment | 1,485us-gaap_GainLossOnSaleOfPropertyPlantEquipment | (28,666)us-gaap_GainLossOnSaleOfPropertyPlantEquipment |
| Changes in assets and liabilities | ||
| (Increase) decrease in advances to suppliers | (678,086)us-gaap_IncreaseDecreaseInOtherOperatingAssets | 172,214us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| (Increase) decrease in accounts receivable | (1,529,255)us-gaap_IncreaseDecreaseInAccountsReceivable | 472,664us-gaap_IncreaseDecreaseInAccountsReceivable |
| Increase in other receivables | (522,823)us-gaap_IncreaseDecreaseInOtherReceivables | (62,039)us-gaap_IncreaseDecreaseInOtherReceivables |
| (Increase) decrease in prepaid expenses | (152,589)us-gaap_IncreaseDecreaseInPrepaidTaxes | 26,288us-gaap_IncreaseDecreaseInPrepaidTaxes |
| Decrease in other current assets | 0us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 5,951us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Decrease in other long-term assets | 0us-gaap_IncreaseDecreaseInOtherNoncurrentAssets | 1,568us-gaap_IncreaseDecreaseInOtherNoncurrentAssets |
| Decrease (increase) in due from related parties | 44,250us-gaap_IncreaseDecreaseInDueFromRelatedParties | (566,957)us-gaap_IncreaseDecreaseInDueFromRelatedParties |
| Increase (decrease) in advances from customers | 136,460us-gaap_IncreaseDecreaseInCustomerAdvances | (537,646)us-gaap_IncreaseDecreaseInCustomerAdvances |
| Decrease in accounts payable | (175,195)us-gaap_IncreaseDecreaseInAccountsPayable | (279,246)us-gaap_IncreaseDecreaseInAccountsPayable |
| Decrease in accrued expenses | (145,641)us-gaap_IncreaseDecreaseInAccruedLiabilities | (19,838)us-gaap_IncreaseDecreaseInAccruedLiabilities |
| Increase in other current liabilities | 231,459us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | 190,723us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Net cash used in operating activities | (1,870,004)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (627,753)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Investing Activities | ||
| Acquisitions of property and equipment | (84,086)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (203,702)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Collection of short-term loan from related party | 1,114,428sino_ProceedsFromCollectionOfShortTermLoansToRelatedParties | 0sino_ProceedsFromCollectionOfShortTermLoansToRelatedParties |
| Net cash provided by (used in) investing activities | 1,030,342us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (203,702)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Financing Activities | ||
| Proceeds from issuance of common stock, net | 967,820us-gaap_ProceedsFromIssuanceOfCommonStock | 0us-gaap_ProceedsFromIssuanceOfCommonStock |
| Net cash provided by financing activities | 967,820us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 0us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Effect of exchange rate fluctuations on cash and cash equivalents | 76,508us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 73,259us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net increase (decrease) in cash and cash equivalents | 204,666us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (758,196)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 902,531us-gaap_CashAndCashEquivalentsAtCarryingValue | 3,048,831us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | 1,107,197us-gaap_CashAndCashEquivalentsAtCarryingValue | 2,290,635us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental information: | ||
| Income taxes paid | 8,104us-gaap_IncomeTaxesPaid | 16,961us-gaap_IncomeTaxesPaid |
| Non-cash transactions of operating and financing activities: | ||
| Settlement of related accounts receivable and payable | 0sino_SettlementRelatedToAccountsReceivableAndPayable | 2,589,739sino_SettlementRelatedToAccountsReceivableAndPayable |
| Consultants [Member] | ||
| Non-cash transactions of operating and financing activities: | ||
| Common stock issued | 672,000sino_CommonStockIssuedForUnearnedStockBasedCompensation / dei_LegalEntityAxis = sino_ConsultantsMember |
0sino_CommonStockIssuedForUnearnedStockBasedCompensation / dei_LegalEntityAxis = sino_ConsultantsMember |
| LSM Acquisition [Member] | ||
| Operating Activities | ||
| Net income | 136,807us-gaap_ProfitLoss / dei_LegalEntityAxis = sino_LongheShipManagementAcquisitionMember |
0us-gaap_ProfitLoss / dei_LegalEntityAxis = sino_LongheShipManagementAcquisitionMember |
| Non-cash transactions of operating and financing activities: | ||
| Common stock issued | $ 83,500sino_CommonStockIssuedForUnearnedStockBasedCompensation / dei_LegalEntityAxis = sino_LongheShipManagementAcquisitionMember |
$ 0sino_CommonStockIssuedForUnearnedStockBasedCompensation / dei_LegalEntityAxis = sino_LongheShipManagementAcquisitionMember |
| X | ||||||||||
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- Definition
This element represents amortization of stock-based compensation expense. No definition available.
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| X | ||||||||||
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- Definition
Common stock issued for unearned stock-based compensation. No definition available.
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- Definition
The cash inflow associated with collection, whether partial or full, of short-term loans to a related party. No definition available.
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| X | ||||||||||
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- Definition
Settlement related to accounts receivable and payable. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of recoveries of receivables doubtful of collection that were previously charged off. No definition available.
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amount of prepayments by customers for goods or services to be provided at a later date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in receivables to be collected from other entities that could exert significant influence over the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows. No definition available.
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other amounts due to the reporting entity, which are not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) of consideration paid in advance for income and other taxes that provide economic benefits in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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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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- Details
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- Details
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- Details
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