Segment Reporting (Tables)

12 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information

	Years Ended June 30,
	2020			2019
Revenues from unaffiliated customers:
Jinong	$	57,001,659		$	76,494,490
Gufeng		119,623,964			136,285,236
Yuxing		9,227,113			10,101,051
Sales VIEs		63,390,760			71,440,026
Consolidated	$	249,243,496		$	294,320,803
Operating income (expense):
Jinong	$	(18,249,504	)	$	7,288,789
Gufeng		(117,826,339	)		14,076,655
Yuxing		413,226			(3,435,206	)
Sales VIEs		3,045,528			2,681,521
Reconciling item (1)		-			-
Reconciling item (2)		(1,555,269	)		(1,807,011	)
Consolidated	$	(134,172,358	)	$	18,804,748

Net income (loss):
Jinong	$	(15,422,166	)	$	5,925,025
Gufeng		(88,682,298	)		10,191,675
Yuxing		425,957			(3,435,659	)
Sales VIEs		2,153,503			729,023
Reconciling item (1)		19			9
Reconciling item (2)		(1,555,269	)		(1,807,009	)
Reconciling item (3)	$	(33,671,883	)	$	(12,668	)
Consolidated	$	(136,752,136	)	$	11,590,395
Depreciation and Amortization:
Jinong	$	760,535		$	788,787
Gufeng		2,070,861			2,144,061
Yuxing		1,179,144			1,242,761
Sales VIEs		687,942			745,169
Consolidated	$	4,698,482		$	4,920,779
Interest expense:
Jinong		25,593			277,003
Gufeng		278,373			318,122
Yuxing		-			-
Sales VIEs		105			-
Consolidated	$	304,071		$	595,125
Capital Expenditure:
Jinong	$	50,625		$	6,862
Gufeng		4,448			47,096
Yuxing		27,794			9,653
Sales VIEs		14,617			-
Consolidated	$	97,483		$	63,610

	As of
	June 30,			June 30,
	2020			2019
Identifiable assets:
Jinong	$	83,055,679		$	149,166,251
Gufeng		213,038,203			253,149,321
Yuxing		34,310,053			35,900,242
Sales VIEs		44,715,491			42,269,307
Reconciling item (1)		(33,157,364	)		518,158
Reconciling item (2)		166,121			(2,879	)
Consolidated	$	342,128,183		$	481,000,399