Segment Reporting (Tables)

6 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of segment reporting information

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
Revenues from unaffiliated customers:	2019			2018			2019			2018
Jinong	$	14,521,485		$	16,987,360		$	33,576,301		$	39,483,893
Gufeng		22,266,549			22,355,690			38,589,766			39,828,941
Yuxing		2,461,510			2,623,493			5,001,221			5,011,039
Sales VIEs		10,315,465			10,287,922			23,219,292			25,885,396
Consolidated	$	49,565,009		$	52,254,465		$	100,386,580		$	110,209,269
Operating income:
Jinong	$	(6,345,818	)	$	2,171,448		$	(5,767,775	)	$	9,099,538
Gufeng		(21,628,851	)		2,493,457			(33,129,109	)		4,102,509
Yuxing		141,271			(3,796,684	)		295,949			(3,603,507	)
Sales VIEs		547,915			3,748,752			4,841,232			6,380,051
Reconciling item (1)		0			0			0			0
Reconciling item (2)		(512,534	)		(342,219	)		(851,214	)		(963,984	)
Consolidated	$	(27,798,017	)	$	4,274,754		$	(34,610,917	)	$	15,014,607
Net income:
Jinong	$	(5,381,542	)	$	1,789,640		$	(4,857,441	)	$	7,689,656
Gufeng		(21,682,935	)		1,731,121			(33,194,889	)		2,851,465
Yuxing		140,943			(3,796,526	)		295,498			(3,603,348	)
Sales VIEs		355,224			3,136,310			4,223,710			5,556,339
Reconciling item (1)		1			8			7			10
Reconciling item (2)		(512,534	)		(342,218	)		(851,214	)		(963,984	)
Reconciling item (3)		(36	)		(12,598	)		(12,350	)		(12,598	)
Consolidated	$	(27,080,879	)	$	2,505,735		$	(34,396,679	)	$	11,517,540
Depreciation and Amortization:
Jinong	$	190,770		$	194,706		$	381,848		$	392,964
Gufeng		516,523			529,305			1,036,858			1,065,924
Yuxing		293,996			299,900			589,649			604,719
Sales VIEs		180,739			183,777			361,862			370,583
Consolidated	$	1,182,028		$	1,207,689		$	2,370,218		$	2,434,189
Interest expense:
Jinong		19,188			68,317			25,600			137,758
Gufeng		68,204			81,384			138,993			174,506
Yuxing		0			0			0			0
Sales VIEs		(77,098	)		(123	)		(77,097	)		0
Consolidated	$	10,294		$	149,578		$	87,496		$	312,264
Capital Expenditure:
Jinong	$	20,371		$	456		$	24,949		$	3,492
Gufeng		0			18,616			0			45,604
Yuxing		18,762			6,850			25,585			8,099
Sales VIEs		0			0			0			0
Consolidated	$	39,132		$	25,922		$	50,533		$	57,195

	As of
	December 31,			June 30,
	2019			2019
Identifiable assets:
Jinong	$	151,943,538		$	149,166,251
Gufeng		212,588,812			253,149,321
Yuxing		35,391,166			35,900,242
Sales VIEs		44,658,161			42,269,307
Reconciling item (1)		533,738			518,158
Reconciling item (2)		(2,879	)		(2,879	)
Consolidated	$	445,112,535		$	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.