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Segment Reporting (Tables)
12 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of segment reporting information
   Years Ended
June 30,
 
   2022   2021 
Revenues from unaffiliated customers:        
Jinong  $54,339,228   $59,409,169 
Gufeng   102,755,286    110,834,918 
Yuxing   11,356,390    11,038,666 
Consolidated  $168,450,904   $181,282,753 
           
Operating income (expense):          
Jinong  $(3,466,631)  $(20,314,442)
Gufeng   (80,233,988)   (98,976,802)
Yuxing   581,840    622,636 
Reconciling item (1)   
-
    
-
 
Reconciling item (2)   (679,326)   (1,830,382)
Consolidated  $(83,798,104)  $(122,292,018)

 

Net income (loss):        
Jinong  $(3,063,634)   (20,482,770)
Gufeng   (80,547,966)   (99,310,549)
Yuxing   722,936    639,313 
Reconciling item (1)   4,513    13 
Reconciling item (2)   612,503    (4,529,952)
Reconciling item (3)  $1,748,951   $(1,309,864)
Consolidated  $(80,522,696)  $(124,993,809)
           
Depreciation and Amortization:          
Jinong  $833,042   $809,559 
Gufeng   816,510    1,202,230 
Yuxing   1,280,938    1,249,414 
Consolidated  $2,930,490   $3,261,203 
Interest expense:          
Jinong   
-
    
-
 
Gufeng   256,784    266,304 
Yuxing   
-
    
-
 
Consolidated  $256,784   $266,304 
           
Capital Expenditure:          
Jinong  $97,900   $59,916 
Gufeng   29,308    75,983 
Yuxing   37,069    108,732 
Consolidated  $164,278   $244,632 

 

   As of 
   June 30,   June 30, 
   2022   2021 
Identifiable assets:        
Jinong  $100,958,241   $85,585,344 
Gufeng   80,823,101    130,346,782 
Yuxing   40,132,337    38,516,348 
Reconciling item (1)   (27,064,606)   (31,748,449)
Reconciling item (2)   166,121    166,121 
Consolidated  $195,115,195   $222,866,145