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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 94,360,932 $ 92,982,564
Accounts receivable, net 67,400,965 68,528,598
Other receivable, net 0 0
Inventories 105,405,934 101,302,947
Prepaid expenses and other current assets 399,698 459,400
Advances to suppliers, net 69,212,954 40,910,837
Total Current Assets 336,780,483 304,184,346
Plant, Property and Equipment, Net 41,952,514 44,634,194
Other Receivables, Net of current portion 0 0
Deferred Asset, Net 39,914,570 51,527,209
Other Assets 155,599 185,480
Intangible Assets, Net 22,481,635 23,805,746
Goodwill 5,037,356 5,245,643
Total Assets 446,322,157 429,582,618
Current Liabilities    
Accounts payable 2,873,268 2,372,130
Customer deposits 48,827,694 19,129,853
Accrued expenses and other payables 5,178,476 4,952,977
Amount due to related parties 2,021,273 2,068,102
Taxes payable 434,471 4,504,542
Short term loans 20,781,840 23,605,540
Total Current Liabilities $ 80,117,022 $ 56,633,144
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, 36,928,413 and 35,905,198 shares issued and outstanding as of September 30, 2015 and June 30, 2015, respectively 36,928 35,905
Additional paid-in capital 124,481,589 123,360,384
Statutory reserve 25,763,051 25,030,688
Retained earnings 205,327,568 198,814,259
Accumulated other comprehensive income 10,595,999 25,708,238
Total Stockholders' Equity 366,205,135 372,949,474
Total Liabilities and Stockholders' Equity $ 446,322,157 $ 429,582,618