Segment Reporting (Tables)

9 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

	Three Months Ended March 31,						Nine Months Ended  March 31,
Revenues from unaffiliated customers:	2017			2016			2017			2016
Jinong	$	26,316,821		$	31,602,239		$	84,570,215		$	97,612,604
Gufeng		30,858,499			43,762,058			67,734,572			85,576,564
Yuxing		2,781,003			3,274,177			6,590,728			6,599,577
VIES		21,349,305			-			43,039,748			-
Consolidated	$	81,305,628		$	78,638,474		$	201,935,263		$	189,788,745
Operating income :
Jinong	$	5,960,846		$	5,854,750		$	18,080,850		$	17,509,024
Gufeng		2,457,008			4,805,591			5,448,907			10,468,423
Yuxing		244,978			543,855			732,788			1,461,365
VIES		1,242,773			-			3,683,537			-
Reconciling item (1)		-			-			-			-
Reconciling item (2)		(209,917	)		(41,454	)		(209,917	)		(261,208	)
Reconciling item (2)--stock compensation		(1,801	)		(855,628	)		(1,858,071	)		(3,712,709	)
Consolidated	$	9,693,887		$	10,307,114		$	25,878,094		$	25,464,895
Net income:
Jinong	$	4,852,889		$	5,023,016		$	15,048,662		$	15,023,381
Gufeng		2,160,630			3,577,278			4,145,555			7,247,542
Yuxing		245,239			548,559			732,828			1,467,943
VIES		1,144,635			-			3,190,209			-
Reconciling item (1)		-			-			-			29
Reconciling item (2)		(211,718	)		(897,082	)		(2,067,988	)		(3,973,917	)
Consolidated	$	8,191,675		$	8,251,771		$	21,049,266		$	19,764,978
Depreciation and Amortization:
Jinong	$	1,764,443		$	8,723,607		$	11,752,674		$	28,015,696
Gufeng		578,525			747,160			1,836,875			2,221,221
Yuxing		302,729			328,956			922,855			1,008,697
VIES		159,942			-			409,144			-
Consolidated	$	2,805,639		$	9,799,723		$	14,921,548		$	31,245,614
Interest expense:
Jinong		188,003			-			301,355			-
Gufeng		44,636			211,734			163,075			943,413
Consolidated	$	232,639		$	211,734		$	464,430		$	943,413
Capital Expenditure:
Jinong	$	1,186		$	616		$	2,979		$	7,259
Gufeng		2,300			1,962			7,299			1,962
Yuxing		-			938			6,226			7,387
VIES		14,252			-			14,252			-
Consolidated	$	17,738		$	3,516		$	30,756		$	16,608

	As of
	March 31,			June 30,
	2017			2016
Identifiable assets:
Jinong	$	202,114,827		$	198,599,977
Gufeng		148,636,436			149,891,328
Yuxing		42,462,630			45,448,157
VIES		33,542,223			24,675,499
Reconciling item (1)		223,973			170,444
Reconciling item (2)		(2,878	)		(2,878	)
Consolidated	$	426,977,211		$	418,782,527

(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.

(2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.