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Segment Reporting (Tables)
3 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of segment reporting information
   Three Months Ended September 30, 
Revenues from unaffiliated customers:  2019   2018 
Jinong  $19,054,816   $22,496,533 
Gufeng   16,323,217    17,473,251 
Yuxing   2,539,711    2,387,546 
Sales VIEs   12,903,827    15,597,474 
Consolidated  $50,821,571   $57,954,804 
           
Operating income :          
Jinong  $578,043   $6,928,090 
Gufeng   (11,500,258)   1,609,052 
Yuxing   154,678    193,177 
Sales VIEs   4,293,317    2,631,299 
Reconciling item (1)   0    0 
Reconciling item (2)   (338,680)   (621,764)
Consolidated  $(6,812,900)  $10,739,854 
           
Net income:          
Jinong  $524,101   $5,900,016 
Gufeng   (11,511,954)   1,120,344 
Yuxing   154,555    193,178 
Sales VIEs   3,868,486    2,420,029 
Reconciling item (1)   6    2 
Reconciling item (2)   (338,680)   (621,766)
Reconciling item (3)   (12,315)     
Consolidated  $(7,315,800)  $9,011,805 
           
Depreciation and Amortization:          
Jinong  $191,078   $198,258 
Gufeng   520,335    536,619 
Yuxing   295,654    304,818 
Sales VIEs   181,123    186,806 
Consolidated  $1,188,190   $1,226,500 
           
Interest expense:          
Jinong   6,412    69,442 
Gufeng   70,789    93,122 
Sales VIEs   1    123 
Consolidated  $77,202   $162,686 
           
Capital Expenditure:          
Jinong  $4,578   $3,036 
Gufeng   0    26,988 
Yuxing   6,823    1,249 
           
Consolidated  $11,401   $31,273 

 

   As of 
   September 30,   June 30, 
   2019   2019 
Identifiable assets:        
Jinong  $156,085,819   $149,166,251 
Gufeng   227,464,880    253,149,321 
Yuxing   34,138,271    35,900,242 
Sales VIEs   44,865,318    42,269,307 
Reconciling item (1)   547,012    518,158 
Reconciling item (2)   (2,879)   (2,879)
Consolidated  $463,098,420   $481,000,399 

 

(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.