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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Sales      
Net sales $ 233,402,088 $ 216,897,956 $ 217,524,205
Cost of goods sold      
Cost of goods sold 142,203,315 137,514,102 138,248,972
Gross profit 91,198,773 79,383,854 79,275,233
Operating expenses      
Selling expenses 36,203,414 14,365,869 11,548,816
General and administrative expenses 14,515,884 9,632,523 13,801,407
Impairment of assets 5,161,815 0 0
Total operating expenses 55,881,113 23,998,392 25,350,223
Income from operations 35,317,660 55,385,462 53,925,010
Other income (expense)      
Other income (expense) (501,500) 613,008 60,212
Interest income 140,310 310,723 364,536
Interest expense (1,380,829) (1,351,157) (1,590,620)
Total other income (expense) (1,742,019) (427,426) (1,165,872)
Income before income taxes 33,575,641 54,958,036 52,759,138
Provision for income taxes 8,060,946 10,183,988 10,801,313
Net income 25,514,695 44,774,048 41,957,825
Other comprehensive income      
Foreign currency translation gain (loss) 1,027,081 6,032,903 4,876,751
Comprehensive income 26,541,776 50,806,951 46,834,576
Basic weighted average shares outstanding (in shares) 31,403,001 27,775,964 26,943,530
Basic net earnings per share (in dollars per share) $ 0.81 $ 1.61 $ 1.56
Diluted weighted average shares outstanding (in shares) 31,403,001 27,775,964 26,943,530
Diluted net earnings per share (in dollars per share) $ 0.81 $ 1.61 $ 1.56
Jinong [Member]
     
Sales      
Net sales 117,706,033 110,585,022 88,168,740
Cost of goods sold      
Cost of goods sold 48,629,095 51,883,935 34,129,304
Operating expenses      
Income from operations 27,765,212 44,036,878 43,636,915
Other income (expense)      
Provision for income taxes 4,249,206 6,654,038 6,597,765
Net income 23,269,461 37,682,986 37,363,672
Gufeng [Member]
     
Sales      
Net sales 112,011,233 102,915,414 121,480,943
Cost of goods sold      
Cost of goods sold 90,748,540 83,020,447 96,756,719
Operating expenses      
Income from operations 16,636,156 15,322,045 18,211,687
Other income (expense)      
Provision for income taxes 3,811,740 3,529,950 4,203,548
Net income 11,271,742 10,498,393 12,335,102
Jintai [Member]
     
Sales      
Net sales 0 0 5,792,002
Cost of goods sold      
Cost of goods sold     5,415,970
Operating expenses      
Income from operations 0 0 (1,863,529)
Other income (expense)      
Net income 0 0 (1,863,235)
Yuxing [Member]
     
Sales      
Net sales 3,684,822 3,397,520 2,082,520
Cost of goods sold      
Cost of goods sold 2,825,680 2,609,720 1,946,979
Operating expenses      
Income from operations 48,879 (32,265) (352,996)
Other income (expense)      
Net income $ 106,059 $ 533,722 $ (170,996)