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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Jun. 30, 2012
Current assets    
Cash and cash equivalents $ 3,117,556 $ 4,433,333
Advances to suppliers 831,821 901,654
Accounts receivable, less allowance for doubtful accounts of $357,140 3,700,083 3,788,966
Other receivables, less allowance for doubtful accounts of $80,000 509,509 377,835
Other current assets 58,300 82,257
Prepaid taxes 27,356 27,356
Deferred tax assets 87,500 175,000
Total current assets 8,332,125 9,786,401
Property and equipment, net 391,444 415,672
Other long-term assets 21,260 30,457
Deferred tax assets - long term 298,500 344,000
Total Assets 9,043,329 10,576,530
Current liabilities    
Advances from customers 166,765 303,437
Accounts payable 6,456,493 7,467,145
Accrued expenses 88,007 92,217
Other current liabilities 233,257 169,628
Total Current Liabilities 6,944,522 8,032,427
Total Liabilities 6,944,522 8,032,427
Commitments and Contingency      
Equity    
Preferred stock, 1,000,000 shares authorized, no par value;      
Common stock, 10,000,000 shares authorized, no par value; 3,029,032 shares issued, 2,903,841 outstanding 7,709,745 7,709,745
Additional paid-in capital 1,191,796 1,191,796
Treasury stock, at cost - 125,191 shares (372,527) (372,527)
Accumulated deficit (3,247,090) (3,056,858)
Accumulated other comprehensive loss 10,890 16,709
Unearned Stock-based Compensation (202,089) (202,089)
Total Sino-Global Shipping America Ltd. Stockholders' equity 5,090,725 5,286,776
Non-Controlling interest (2,991,918) (2,742,673)
Total equity 2,098,807 2,544,103
Total Liabilities and Equity $ 9,043,329 $ 10,576,530