XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive Gain (Loss)
Noncontrolling interest
Total
Balance at Mar. 31, 2022 $ 12,334 $ 22,517,346 $ 379,323 $ 46,268,110 $ 127,145 $ 69,304,258
Balance (in Shares) at Mar. 31, 2022   12,334,318              
Stock-based compensation expense for the restricted stock units issued under stock incentive plan 294,822 294,822
Issuance of common stocks upon vesting of restricted stock units $ 200 (200)
Issuance of common stocks upon vesting of restricted stock units (in Shares)   200,000              
Share repurchase (547,713) (547,713)
Net income 3,513,134 3,513,134
Dividend payment   (1,243,432) (1,243,432)
Foreign currency translation loss   (333,870) (333,870)
Balance at Sep. 30, 2022   $ 12,534 22,811,968 (547,713) 379,323 48,537,812 (206,725) 70,987,199
Balance (in Shares) at Sep. 30, 2022   12,534,318              
Balance at Jun. 30, 2022   $ 12,534 22,811,968 379,323 47,372,776 9,485 70,586,086
Balance (in Shares) at Jun. 30, 2022   12,534,318              
Share repurchase   (547,713) (547,713)
Net income   1,791,752 1,791,752
Dividend payment           (626,716)     (626,716)
Foreign currency translation loss   (216,210) (216,210)
Balance at Sep. 30, 2022   $ 12,534 22,811,968 (547,713) 379,323 48,537,812 (206,725) 70,987,199
Balance (in Shares) at Sep. 30, 2022   12,534,318              
Balance at Mar. 31, 2023   $ 12,534 22,931,046 (1,169,046) 410,847 46,172,082 (123,229) 68,234,234
Balance (in Shares) at Mar. 31, 2023   12,534,318              
Stock-based compensation expense for the restricted stock units issued under stock incentive plan   484,250 484,250
Allocation of J&B shares   31,365 31,365
Net income   862,143 1,916 864,059
Dividend payment   (1,229,484) (1,229,484)
Foreign currency translation loss   (154,500) (154,500)
Balance at Sep. 30, 2023   $ 12,534 23,415,296 (1,169,046) 410,847 45,804,741 (277,729) 33,281 68,229,924
Balance (in Shares) at Sep. 30, 2023   12,534,318              
Balance at Jun. 30, 2023   $ 12,534 23,171,848 (1,169,046) 410,847 46,053,866 (217,888) 29,954 68,292,115
Balance (in Shares) at Jun. 30, 2023   12,534,318              
Stock-based compensation expense for the restricted stock units issued under stock incentive plan   243,448 243,448
Net income   365,617 3,327 368,944
Dividend payment   (614,742) (614,742)
Foreign currency translation loss   (59,841) (59,841)
Balance at Sep. 30, 2023   $ 12,534 $ 23,415,296 $ (1,169,046) $ 410,847 $ 45,804,741 $ (277,729) $ 33,281 $ 68,229,924
Balance (in Shares) at Sep. 30, 2023   12,534,318