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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2014
Jun. 30, 2013
Current assets    
Cash and cash equivalents $ 902,531 $ 3,048,831
Advances to suppliers 8,482 231,772
Accounts receivable, less allowance for doubtful accounts of $443,858 and $690,065 as of June 30, 2014 and 2013, respectively 481,885 3,142,203
Other receivables, less allowance for doubtful accounts of $250,100 and $233,950 as of June 30, 2014 and June 30,2013, respectively 174,406 142,206
Deferred expense and other current assets 497,529 12,488
Prepaid taxes 0 26,288
Due from related parties 3,173,765 541,377
Total Current Assets 5,238,598 7,145,165
Property and equipment, net 294,722 267,662
Other long-term assets 16,734 18,278
Deferred tax assets 163,900 105,100
Total Assets 5,713,954 7,536,205
Current liabilities    
Advances from customers 88,477 710,172
Accounts payable 398,756 3,219,240
Accrued expenses 177,877 51,352
Other current liabilities 565,685 424,141
Total Current Liabilities 1,230,795 4,404,905
Total Liabilities 1,230,795 4,404,905
Commitments and Contingency      
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, none issued. 0 0
Common stock, 50,000,000 shares authorized, no par value; 5,229,032 and 4,829,032 shares issued as of June 30, 2014 and 2013; 5,103,841 and 4,703,841 outstanding as of June 30, 2014 and 2013 11,662,157 10,750,157
Additional paid-in capital 1,144,842 1,144,842
Treasury stock, at cost - 125,191 shares (372,527) (372,527)
Accumulated deficit (3,270,260) (4,856,613)
Accumulated other comprehensive income 24,618 54,791
Unearned Stock-based Compensation (11,640) (15,520)
Total Sino-Global Shipping America Ltd. Stockholders' equity 9,177,190 6,705,130
Non-controlling Interest (4,694,031) (3,573,830)
Total Equity 4,483,159 3,131,300
Total Liabilities and Equity $ 5,713,954 $ 7,536,205