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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]    
Net sales $ 184,115,345 $ 75,072,298
Cost of goods sold 151,651,324 60,547,813
Gross profit 32,464,021 14,524,485
Operating expenses:    
Selling, general, and administrative 5,077,848 3,699,859
Research and development 4,567,863 3,746,502
Total operating expenses 9,645,711 7,446,361
Income from operations 22,818,310 7,078,124
Other income, net:    
Interest income 8,789 159,749
Income from governmental subsidy 147,166 16,282
Gain from the forgiveness of payroll protection plan loan 487,300 0
Other income (expense), net (26,088) 44,733
Total other income, net 617,167 220,764
Income before provision for income taxes 23,435,477 7,298,888
Income tax provision 5,039,295 1,380,301
Net income 18,396,182 5,918,587
Less: non-controlling interests in net income of subsidiary at 35.8% 0 189,105
Less non-controlling interests in net income of subsidiary at 33.7% 697,147 178,864
Net income attributable to Parent Company $ 17,699,035 $ 5,550,618
Basic earnings per share attributable to Parent Company stockholders $ 1.56 $ 0.52
Diluted earnings per share attributable to Parent Company stockholders $ 1.53 $ 0.52
Weighted average common shares outstanding - basic 11,350,946 10,581,499
Weighted average common shares outstanding - diluted 11,592,901 10,715,979
Comprehensive income    
Net income $ 18,396,182 $ 5,918,587
Translation adjustments 177,924 (15,624)
Comprehensive income 18,574,106 5,902,963
Less: comprehensive income attributable to non-controlling interest 697,147 367,969
Comprehensive income attributable to controlling interest $ 17,876,959 $ 5,534,994