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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Sales      
Net sales $ 263,354,288 $ 233,402,088 $ 216,897,956
Cost of goods sold      
Cost of goods sold 159,398,386 142,203,315 137,514,102
Gross profit 103,955,902 91,198,773 79,383,854
Operating expenses      
Selling expenses 9,010,486 8,812,457 4,395,154
Selling expenses - amortization of deferred asset 41,902,052 27,390,957 9,970,715
General and administrative expenses 11,330,440 14,515,884 9,632,523
Impairment of assets 0 5,161,815 0
Total operating expenses 62,242,978 55,881,113 23,998,392
Income from operations 41,712,924 35,317,660 55,385,462
Other income (expense)      
Other income (expense) 59,176 (501,500) 613,008
Interest income 302,480 140,310 310,723
Interest expense (1,712,639) (1,380,829) (1,351,157)
Total other income (expense) (1,350,983) (1,742,019) (427,426)
Income before income taxes 40,361,941 33,575,641 54,958,036
Provision for income taxes 8,916,815 8,060,946 10,183,988
Net income 31,445,126 25,514,695 44,774,048
Other comprehensive income      
Foreign currency translation gain 2,867,747 1,027,081 6,032,903
Comprehensive income $ 34,312,873 $ 26,541,776 $ 50,806,951
Basic weighted average shares outstanding (in shares) 33,983,698 31,403,001 27,775,964
Basic net earnings per share (in dollars per share) $ 0.93 $ 0.81 $ 1.61
Diluted weighted average shares outstanding (in shares) 33,983,698 31,403,001 27,775,964
Diluted net earnings per share (in dollars per share) $ 0.93 $ 0.81 $ 1.61
Jinong [Member]      
Sales      
Net sales $ 130,355,168 $ 117,706,033 $ 110,585,022
Cost of goods sold      
Cost of goods sold 51,948,851 48,629,095 51,883,935
Operating expenses      
Income from operations 27,569,969 27,765,212 44,036,878
Other income (expense)      
Net income 23,489,740 23,269,461 37,682,986
Gufeng [Member]      
Sales      
Net sales 128,675,606 112,011,233 102,915,414
Cost of goods sold      
Cost of goods sold 104,361,828 90,748,540 83,020,447
Operating expenses      
Income from operations 20,063,568 16,636,156 15,322,045
Other income (expense)      
Interest expense (1,712,639) (1,380,829) (1,351,157)
Net income 13,764,794 11,271,742 10,498,393
Yuxing [Member]      
Sales      
Net sales 4,323,514 3,684,822 3,397,520
Cost of goods sold      
Cost of goods sold 3,087,707 2,825,680 2,609,720
Operating expenses      
Income from operations 640,367 48,879 (32,265)
Other income (expense)      
Net income $ 751,372 $ 106,059 $ 533,722