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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
Sep. 30, 2013
Jun. 30, 2013
ASSETS    
Cash and cash equivalents $ 44,890,502 $ 75,031,489
Accounts receivable, net 95,380,068 85,323,442
Inventories 50,037,697 34,511,167
Prepaid expenses and other current assets 390,073 397,897
Advances to suppliers 19,104,023 20,224,206
Assets held for sale 11,705,604 11,676,736
Total Current Assets 221,507,967 227,164,937
Plant, Property and Equipment, Net 85,118,764 89,604,787
Construction In Progress 48,823 68,414
Deferred Asset 25,676,982 0
Other Assets 77,129 97,432
Intangible Assets, Net 26,398,928 26,608,013
Goodwill 5,197,577 5,184,759
Total Assets 364,026,170 348,728,342
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 3,888,978 3,375,333
Unearned revenue 4,107,865 1,433,661
Accrued expenses and other payables 4,161,855 3,934,184
Amount due to related parties 1,206,895 1,304,013
Taxes payable 23,923,518 25,728,759
Short term loans 16,301,100 16,099,100
Total Current Liabilities 53,590,211 51,875,050
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, 31,812,013 and 29,943,236 shares issued and outstanding as of September 30, 2013 and June 30, 2013, respectively 31,812 29,943
Additional paid-in capital 108,470,534 105,962,909
Statutory reserve 21,166,821 20,121,905
Retained earnings 158,258,666 148,925,125
Accumulated other comprehensive income 22,508,126 21,813,410
Total Stockholders' Equity 310,435,959 296,853,292
Total Liabilities and Stockholders' Equity $ 364,026,170 $ 348,728,342