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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 16,787,083 $ 11,975,944
Accounts receivable 8,738,473 7,907,117
Other receivables, net 33,440 125,144
Inventories, net 1,940,624 1,615,332
Prepaid expenses and other current assets 20,671 19,034
Prepaid income taxes 28,240 28,240
Advance payments to vendors 37,851 78,696
Total current assets 27,586,382 21,749,507
Property and equipment, net 98,391 124,072
Intangible assets, net 907,906 996,708
Deferred tax assets, non-current 1,811,459 1,853,429
Goodwill 273,285 273,285
Other assets 139,893 139,637
TOTAL ASSETS 30,817,316 25,136,638
Current liabilities    
Accounts payable 13,167,123 7,609,585
Income tax payable 3,750 3,750
Advance payments from customers 222,647 228,598
Accrued liabilities 279,112 259,348
Total current liabilities 13,672,632 8,101,281
Total liabilities 13,672,632 8,101,281
Parent Company stockholders' equity:    
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of September 30, 2018 and June 30, 2018 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,570,203 shares issued and outstanding as of September 30, 2018 and June 30, 2018 13,972 13,972
Additional paid-in capital 7,442,272 7,442,272
Retained earnings 13,932,299 13,753,565
Treasury stock, 3,472,286 shares as of September 30, 2018 and June 30, 2018 (4,513,479) (4,513,479)
Accumulated other comprehensive loss (595,826) (581,983)
Total Parent Company stockholders' equity 16,279,238 16,114,347
Non-controlling interests 865,446 921,010
Total Stockholders' Equity 17,144,684 17,035,357
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,817,316 $ 25,136,638