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Segment Reporting (Tables)
12 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
Years Ended June 30, 
Revenues from unaffiliated customers: 2017  2016 
Jinong $106,642,032  $125,716,937 
Gufeng  104,446,239   134,661,420 
Yuxing  8,517,231   8,406,663 
Sales VIEs  65,607,538   0 
Consolidated $285,213,040  $268,785,020 
         
Operating income :        
Jinong $22,562,310  $22,942,976 
Gufeng  8,286,761   13,952,983 
Yuxing  (2,376,007)  1,464,728 
Sales VIEs  5,869,291   0 
Reconciling item (1)  0   0 
Reconciling item (2)  (1,082,505)  (1,648,240)
Reconciling item (2) --stock compensation  (1,282,079)  (4,120,528)
Consolidated $31,977,771  $32,591,919 

 

Net income:      
Jinong $18,699,889  $19,637,155 
Gufeng  6,264,392   9,364,364 
Yuxing  (2,375,961)  1,471,412 
Sales VIEs  4,925,927   - 
Reconciling item (1)  15   30 
Reconciling item (2)  (2,364,598)  (5,768,768)
Consolidated $25,152,153  $24,704,193 
         
Depreciation and Amortization:        
Jinong $

13,358,370

  $35,924,393 
Gufeng  

2,302,047

   2,920,960 
Yuxing  

1,366,840

   1,465,836 
Sales VIEs  

380,863

   - 
Consolidated $17,408,120  $40,311,189 
         
Interest expense:        
Gufeng  290,126   995,959 
Gufeng  251,064   - 
Sales VIEs  8,460     
Consolidated $549,650  $995,959 
         
Capital Expenditure:        
Jinong $9,582  $7,894 
Gufeng  12,273   3,239 
Yuxing  6,210   8,059 
Sales VIEs  14,217   - 
Consolidated $42,283  $19,192 

 

  As of 
  June 30,  June 30, 
  2017  2016 
Identifiable assets:      
Jinong $213,355,900  $198,599,977 
Gufeng  156,648,924   149,891,328 
Yuxing  40,965,345   45,448,157 
Sales VIEs  45,063,273   24,675,497 
         
Reconciling item (1)  142,919   170,444 
Reconciling item (2)  (2,879)  (2,876)
Consolidated $456,173,481  $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.