XML 26 R61.htm IDEA: XBRL DOCUMENT v2.4.0.8
VARIABLE INTEREST ENTITIES (Details) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Jun. 30, 2013
Jun. 30, 2012
Current Assets            
Cash and cash equivalents $ 23,887,359 $ 77,652,645 $ 23,887,359 $ 77,652,645 $ 75,031,489 $ 71,978,630
Accounts receivable, net 87,361,396   87,361,396   85,323,442  
Inventories 72,315,948   72,315,948   34,511,167  
Advances to suppliers 21,338,781   21,338,781   20,224,206  
Total Current Assets 215,354,863   215,354,863   227,164,937  
Plant, Property and Equipment, Net 74,246,649   74,246,649   89,604,787  
Construction In Progress 48,853   48,853   68,414  
Intangible Assets, Net 25,611,475   25,611,475   26,608,013  
Total Assets 379,847,651   379,847,651   348,728,342  
Current Liabilities            
Accounts payable 3,036,980   3,036,980   3,375,333  
Accrued expenses and other payables 4,206,784   4,206,784   3,934,184  
Amount due to related parties 1,557,616   1,557,616   1,304,013  
Total Current Liabilities 53,698,819   53,698,819   51,875,050  
Stockholders' equity 326,148,832   326,148,832   296,853,292  
Total Liabilities and Stockholders' Equity 379,847,651   379,847,651   348,728,342  
Expenses 16,243,548 5,221,294 38,752,541 17,425,878    
Net income 7,209,131 13,410,659 21,263,325 30,513,387    
Variable Interest Entity, Primary Beneficiary [Member]
           
Current Assets            
Cash and cash equivalents 177,606   177,606   42,975  
Accounts receivable, net 275,478   275,478   209,194  
Inventories 15,777,174   15,777,174   15,478,654  
Other current assets 9,587   9,587   7,061  
Advances to suppliers 188,993   188,993   101,555  
Total Current Assets 16,428,838   16,428,838   15,839,439  
Plant, Property and Equipment, Net 16,413,614   16,413,614   16,180,551  
Construction In Progress 48,853   48,853   68,414  
Intangible Assets, Net 10,789,100   10,789,100   10,933,482  
Total Assets 43,680,405   43,680,405   43,021,886  
Current Liabilities            
Accounts payable 374,772   374,772   533,773  
Accrued expenses and other payables 4,296   4,296   8,673  
Amount due to related parties 43,014,020   43,014,020   42,466,210  
Total Current Liabilities 43,393,088   43,393,088   43,008,656  
Stockholders' equity 287,317   287,317   13,230  
Total Liabilities and Stockholders' Equity 43,680,405   43,680,405   43,021,886  
Revenue 1,005,291 1,129,842 2,654,517 2,645,923    
Expenses 836,768 957,567 2,379,288 1,822,012    
Net income $ 168,523 $ 172,275 $ 275,229 $ 823,911