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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities      
Net income $ 44,774,048 $ 41,957,825 $ 32,914,101
Adjustments to reconcile net income to net cash provided by operating activities      
Issuance of common stock and stock options for compensation 3,489,687 3,248,836 3,605,235
Cancelation of previously issued shares for services   0 (31,056)
Depreciation 13,185,370 4,429,960 4,161,068
Amortization 1,578,676 1,562,906 1,587,190
Changes in operating assets, net of effects from acquisitions      
Accounts receivable (21,651,656) (43,814,193) (838,962)
Other current assets (90,500) 245,965 (414,302)
Inventories (5,212,729) (4,278,219) 6,765,750
Advances to suppliers (7,635,033) (442,144) (9,390,123)
Other assets 87,228 (28,198) (146,674)
Changes in operating liabilities, net of effects from acquisitions      
Accounts payable (3,589,487) 755,931 (494,063)
Unearned revenue (1,228,419) (8,649,382) (8,875,835)
Tax payables 7,555,402 10,443,311 4,467,368
Accrued expenses and other payables (286,860) 967,800 337,772
Amount due to related parties 1,115,100 0 0
Net cash provided by operating activities 32,090,827 6,400,398 33,647,469
Cash flows from investing activities      
Purchase of plant, property, and equipment (32,381,898) (11,883,947) (22,740,118)
Acquisition, net of cash acquired 0 0 (6,720,539)
Increase in construction in progress (67,357) 0 (3,506,045)
Net cash used in investing activities (32,449,255) (11,883,947) (32,966,702)
Cash flows from financing activities      
Proceeds from loans 2,943,885 9,678,375 2,253,000
Repayment of loans (1,103,970) 0 (2,253,000)
Proceeds from issuance of shares 0 300,001 0
Advance from related party 0 300,000 0
Net cash provided by financing activities 1,839,915 10,278,376 0
Effect of exchange rate change on cash and cash equivalents 1,571,372 1,577,390 2,590,209
Net increase in cash and cash equivalents 3,052,859 6,372,217 3,270,976
Cash and cash equivalents, beginning balance 71,978,630 65,606,413 62,335,437
Cash and cash equivalents, ending balance 75,031,489 71,978,630 65,606,413
Supplement disclosure of cash flow information      
Interest expense paid 1,351,157 1,590,620 562,778
Income taxes paid 2,982,956 337,872 4,623,700
Supplemental Disclosure of Non-Cash Financing Activities:      
Issuance of 2,275,931 shares for acquisition of Gufeng 0 0 19,299,894
Issuance of 151,515 shares of common stock for repayment of amount due to related party 300,000 0 0
Transfer of Property, Plant and Equipment to Assets held for sale $ 11,676,736 $ 0 $ 0