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CONSOLIDATED CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sales    
Net sales $ 39,512,740 $ 53,102,594
Cost of goods sold    
Cost of goods sold 22,579,367 34,193,862
Gross profit 16,933,373 18,908,732
Operating expenses    
Selling expenses 3,034,087 2,490,474
General and administrative expenses 2,875,942 3,138,695
Total operating expenses 5,910,029 5,629,169
Income from operations 11,023,344 13,279,563
Other income (expense)    
Other income (expense) (600) (25,424)
Interest income 74,432 97,487
Interest expense, net (385,792) (156,479)
Total other income (expense) (311,960) (84,416)
Income before income taxes 10,711,384 13,195,147
Provision for income taxes 1,849,984 2,463,511
Net income 8,861,400 10,731,636
Other comprehensive income    
Foreign currency translation gain (loss) (464,353) 1,904,146
Comprehensive income 8,397,047 12,635,782
Basic weighted average shares outstanding (in shares) 27,462,578 26,857,338
Basic net earnings per share (in dollars per share) $ 0.32 $ 0.40
Diluted weighted average shares outstanding (in shares) 27,462,578 26,857,338
Diluted net earnings per share (in dollars per share) $ 0.32 $ 0.40
Jinong [Member]
   
Sales    
Net sales 27,850,976 22,242,251
Cost of goods sold    
Cost of goods sold 12,839,498 8,110,130
Operating expenses    
Income from operations 11,611,611 12,187,448
Other income (expense)    
Interest expense, net 0 0
Provision for income taxes 1,754,200 2,463,511
Net income 9,937,587 10,429,494
Gufeng [Member]
   
Sales    
Net sales 10,936,971 29,613,091
Cost of goods sold    
Cost of goods sold 9,189,762 25,269,670
Operating expenses    
Income from operations 688,639 2,608,589
Other income (expense)    
Interest expense, net (385,792) (156,479)
Provision for income taxes 95,784 622,653
Net income 207,670 1,817,896
Jintai [Member]
   
Sales    
Net sales 0 1,198,887
Cost of goods sold    
Cost of goods sold 0 748,830
Operating expenses    
Income from operations 0 10,459
Other income (expense)    
Net income 10 10,501
Yuxing [Member]
   
Sales    
Net sales 724,793 48,365
Cost of goods sold    
Cost of goods sold 550,107 65,232
Operating expenses    
Income from operations 62,129 (40,730)
Other income (expense)    
Net income $ 55,092 $ (40,331)