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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Net sales $ 75,072,298 $ 36,468,900
Cost of goods sold 60,547,813 30,729,411
Gross profit 14,524,485 5,739,489
Operating expenses:    
Selling, general, and administrative 3,699,859 4,891,365
Research and development 3,746,502 2,955,581
Total operating expenses 7,446,361 7,846,946
Income (loss) from operations 7,078,124 (2,107,457)
Other income, net:    
Interest income 159,749 138,462
Income from governmental subsidy 16,282 64,201
Other income, net 44,733 2,291
Total other income, net 220,764 204,954
Income (loss) before provision (benefit) for income taxes 7,298,888 (1,902,503)
Income tax provision (benefit) 1,380,301 (428,745)
Net income (loss) 5,918,587 (1,473,758)
Less: non-controlling interests in net loss of subsidiary at 48.2% 0 (55,564)
Less: non-controlling interests in net income (loss) of subsidiary at 35.8% 189,105 (142,070)
Less: non-controlling interests in net income of subsidiary at 33.7% 178,864 0
Net income (loss) attributable to Parent Company $ 5,550,618 $ (1,276,124)
Basic earnings (loss) per share attributable to Parent Company stockholders $ 0.52 $ (0.12)
Diluted earnings (loss) per share attributable to Parent Company stockholders $ 0.52 $ (0.12)
Weighted average common shares outstanding - basic 10,581,499 10,570,203
Weighted average common shares outstanding - diluted 10,715,979 10,570,203
Comprehensive income (loss)    
Net income (loss) $ 5,918,587 $ (1,473,758)
Translation adjustments (15,624) (52,819)
Comprehensive income (loss) 5,902,963 (1,526,577)
Less: comprehensive income (loss) attributable to non-controlling interest 367,969 (197,634)
Comprehensive income (loss) attributable to controlling interest $ 5,534,994 $ (1,328,943)