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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Jun. 30, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 8,171,875 $ 5,371,545
Accounts receivable, net of allowance for doubtful accounts of $1,378,640 and $1,364,330, respectively 7,000,258 5,854,055
Inventories, net 3,223,582 3,240,026
Prepaid expenses and other current assets 6,949,982 6,630,407
TOTAL CURRENT ASSETS 25,345,697 21,096,033
LONG-TERM ASSETS:    
Property and equipment, net of accumulated depreciation 27,381,595 28,651,717
Deferred income tax 1,735,016 2,711,610
Other intangible assets, net 450,875 484,857
Investment in joint venture 68,828 96,475
TOTAL LONG-TERM ASSETS 29,636,314 31,944,659
TOTAL ASSETS 54,982,011 53,040,692
CURRENT LIABILITIES:    
Short-term borrowings 11,343,312 12,484,356
Accounts payable 2,933,000 3,625,139
Notes payable 1,568,923 1,631,641
Loan payable - bank 15,218,551 16,316,408
Current portion of loan payable - related parties 13,638 5,793
Current portion of loan payable - others 1,308,876  
Accrued expenses and other current liabilities 7,273,021 7,176,325
TOTAL CURRENT LIABILITIES 39,659,321 41,239,662
LONG-TERM LIABILITIES:    
Loan payable - related parties 1,355,549 8,158
Loan payable - others   1,361,199
Deferred income 354,577 368,751
TOTAL LONG-TERM LIABILITIES 1,710,126 1,738,108
Stockholder's Equity    
Common stock, par value $0.001, 100,000,000 shares authorized, 72,252,200 and 69,839,259 shares issued and outstanding on September 30, 2015 and June 30, 2015 72,252 69,839
Additional paid in capital 69,326,037 66,457,250
Accumulated deficit (57,087,032) (58,354,968)
Accumulated other comprehensive income 2,429,535 3,066,026
TOTAL SHAREHOLDERS' EQUITY OF THE COMPANY 14,740,792 11,238,147
NONCONTROLLING INTEREST IN SUBSIDIARIES (1,128,228) (1,175,225)
TOTAL EQUITY 13,612,564 10,062,922
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 54,982,011 $ 53,040,692