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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 30,513,387 $ 30,849,875
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Issuance of common stock and stock options for compensation 2,704,328 1,163,938
Depreciation 8,850,655 3,524,788
Amortization 1,179,780 1,170,692
Changes in operating assets, net of effects from acquisitions    
Accounts receivable (11,516,998) (42,177,371)
Other current assets (200,578) 63,691
Inventories (19,187,321) (11,810,508)
Advances to suppliers 2,355,354 4,922,664
Other assets 63,762 (42,802)
Changes in operating liabilities, net of effects from acquisitions    
Accounts payable (1,644,727) 248,222
Unearned revenue (918,503) 473,341
Tax payables 4,158,809 7,290,632
Accrued expenses and other payables (202,264) 3,799,716
Amount due to related parties 1,110,900 0
Net cash provided by (used in) operating activities 17,266,584 (523,122)
Cash flows from investing activities    
Purchase of plant, property, and equipment (14,827,612) (5,710,530)
Increase in construction in progress (185,325) (3,071,623)
Net cash used in investing activities (15,012,937) (8,782,153)
Cash flows from financing activities    
Proceeds from loans 2,943,885 9,659,940
Proceeds from Issuance of Common Stock   300,001
Net cash provided by financing activities 2,943,885 9,959,941
Effect of exchange rate change on cash and cash equivalents 476,483 1,515,397
Net increase in cash and cash equivalents 5,674,015 2,170,063
Cash and cash equivalents, beginning balance 71,978,630 65,606,413
Cash and cash equivalents, ending balance 77,652,645 67,776,476
Supplement disclosure of cash flow information    
Interest expense paid 267,506 1,110,672
Income taxes paid 2,598,595 337,228
Supplemental Disclosure of Non-Cash Financing Activities:    
Issuance of 151,515 shares of common stock for repayment of amount due to related party $ 300,000 $ 0