Segment Reporting (Tables)

3 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information

	Three Months Ended September 30,
Revenues from unaffiliated customers:	2020			2019
Jinong	$	14,529,312		$	19,054,816
Gufeng		15,828,203			16,323,217
Yuxing		2,423,488			2,539,711
Sales VIEs		11,377,229			12,903,827
Consolidated	$	44,158,232		$	50,821,571
Operating income (expense):
Jinong	$	1,758,677		$	578,043
Gufeng		(31,136,234	)		(11,500,258
Yuxing		137,213			154,678
Sales VIEs		351,837			4,293,317
Reconciling item (1)		-			-
Reconciling item (2)		(455,876	)		(338,680	)
Consolidated	$	(29,344,383	)	$	(6,812,900	)
Net income (loss):
Jinong	$	1,518,043		$	524,101
Gufeng		(31,193,670	)		(11,511,954	)
Yuxing		136,909			154,555
Sales VIEs		(31,272	)		3,868,486
Reconciling item (1)		-			6
Reconciling item (2)		(1,370,374	)		(338,680	)
Reconciling item (3)		(12,550	)		(12,315	)
Consolidated	$	(30,095,914	)	$	(7,315,800	)
Depreciation and Amortization:
Jinong	$	192,578		$	191,078
Gufeng		305,111			520,335
Yuxing		298,796			295,654
Sales VIEs		123,949			181,123
Consolidated	$	920,432		$	1,188,190
Interest expense:
Jinong		-			6,412
Gufeng		56,768			70,789
Sales VIEs		-			1
Consolidated	$	56,768		$	77,202
Capital Expenditure:
Jinong	$	3,667		$	4,578
Gufeng		17,445			-
Yuxing		-			6,823
Consolidated	$	21,112		$	11,401

	As of
	September 30,			June 30,
	2020			2020
Identifiable assets:
Jinong	$	89,802,390		$	83,055,679
Gufeng		189,881,663			213,038,203
Yuxing		35,894,886			34,310,053
Sales VIEs		48,594,814			44,715,491
Reconciling item (1)		(34,249,503	)		(33,157,364	)
Reconciling item (2)		166,121			166,121
Consolidated	$	330,090,371		$	342,128,183