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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2014
Jun. 30, 2014
Current assets:    
Cash and cash equivalents $ 8,767,173 $ 8,240,595
Accounts receivable 9,119,038 5,622,644
Other receivables, net 71,612 99,406
Inventories 2,099,321 1,967,390
Loan to employee and third party 0 7,128
Prepaid expenses and other current assets 171,008 191,219
Prepaid income taxes 1,018,900 1,056,588
Deferred tax assets, current 59,279 59,279
Advance payment to vendor 41,382 46,109
Total current assets 21,347,713 17,290,358
Property and equipment, net 438,532 498,465
Intangible assets, net 1,837,825 2,125,816
Deferred tax assets, non-current 1,981,325 1,981,325
Goodwill 273,285 273,285
Other assets 103,691 107,409
TOTAL ASSETS 25,982,371 22,276,658
Current liabilities    
Accounts payable 8,647,027 5,534,168
Advance payments from customers 765,032 319,888
Accrued liabilities 335,759 317,298
Marketing funds payable 206,847 374,608
Short-term borrowings 154,378 148,295
Total current liabilities 10,109,043 6,694,257
Total liabilities 10,109,043 6,694,257
Commitments and contingencies (Note 8)      
Parent Company stockholders' equity:    
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 13,806 13,806
Additional paid-in capital 7,326,888 7,245,283
Retained earnings 12,884,231 12,601,083
Treasury stock, 3,342,286 shares as of September 30, 2014 and June 30, 2014 (4,279,479) (4,279,479)
Accumulated other comprehensive (loss) (287,869) (243,100)
Total Parent Company stockholders' equity 15,657,577 15,337,593
Non-controlling interests 215,751 244,808
Total Stockholders' Equity 15,873,328 15,582,401
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 25,982,371 $ 22,276,658