XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
Dec. 31, 2011
Jun. 30, 2011
ASSETS    
Cash and cash equivalents $ 68,193,490 $ 65,606,413
Accounts receivable, net 46,789,336 17,517,625
Inventories 44,682,504 23,732,404
Other current assets 1,275,193 537,126
Advances to suppliers 4,621,310 11,487,896
Total Current Assets 165,561,833 118,881,464
Plant, Property and Equipment, Net 68,824,450 66,211,441
Construction In Progress 6,289,507 4,662,039
Other Assets - Non Current 246,358 150,169
Intangible Assets, Net 28,320,932 28,508,629
Goodwill 5,040,560 4,957,245
Total Assets 274,283,640 223,370,987
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 8,537,988 5,981,703
Unearned revenue 17,996,746 11,059,313
Accrued expenses and other payables 7,675,527 3,282,353
Amount due to related parties 70,494 69,962
Taxes payable 11,466,110 7,004,865
Short term loans 13,834,535 4,099,550
Total Current Liabilities 59,581,400 31,497,746
Commitment and Contingencies      
Stockholders' Equity    
Preferred Stock, $.001 par value, 20,000,000 shares authorized, Zero shares issued and outstanding 0 0
Common stock, $.001 par value, 115,197,165 shares authorized, 26,941,859 and 26,845,859 shares issued and outstanding as of December 31, 2011 and June 30, 2011, respectively 26,942 26,846
Additional paid-in capital 99,637,629 98,627,482
Statutory reserve 12,348,179 10,027,721
Retained earnings 88,442,492 72,287,436
Accumulated other comprehensive income 14,246,998 10,903,756
Total Stockholders' Equity 214,702,240 191,873,241
Total Liabilities and Stockholders' Equity $ 274,283,640 $ 223,370,987