ACQUISITION OF LONGHE SHIP MANAGEMENT COMPANY (Tables)

9 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma condensed financial information presents the combined results of operations of the Company and LSM as if the acquisition had occurred as of the beginning of each period presented. The pro forma information assumes the acquisition of LSM occurred on July 1, 2013.

	As of and for the nine months ended March 31, 2015								As of and for the nine months ended March 31, 2014
	SINO Group		LSM		Elimination		Combined		SINO Group		LSM		Elimination		Combined
Revenue	$	8,035,192	$	285,024	$	-	$	8,320,216	$	7,882,374	$	-	$	-	$	7,882,374
Cost of revenues	$	4,401,029	$	144,612	$	-	$	4,545,641	$	5,077,085	$	-	$	-	$	5,077,085
Gross profit	$	3,634,163	$	140,412	$	-	$	3,774,575	$	2,805,289	$	-	$	-	$	2,805,289
Net income	$	480,450	$	136,807	$	-	$	617,257	$	198,137	$	-	$	-	$	198,137
Total assets	$	8,006,930	$	267,880	$	(173,079)	$	8,101,731	$	4,518,347	$	-	$	-	$	4,518,347
Total liabilities	$	1,192,289	$	2,089	$	-	$	1,194,378	$	1,169,160	$	-	$	-	$	1,169,160

	As of and for the three months ended March 31, 2015								As of and for the three months ended March 31, 2014
	SINO Group		LSM		Elimination		Combined		SINO Group		LSM		Elimination		Combined
Revenue	$	2,526,762	$	-	$	-	$	2,526,762	$	2,092,525	$	-	$	-	$	2,092,525
Cost of revenues	$	1,220,577	$	-	$	-	$	1,220,577	$	948,514	$	-	$	-	$	948,514
Gross profit	$	1,306,185	$	-	$	-	$	1,306,185	$	1,144,011	$	-	$	-	$	1,144,011
Net income	$	331,976	$	(63)	$	-	$	331,913	$	86,399	$	-	$	-	$	86,399
Total assets	$	8,006,930	$	267,880	$	(173,079)	$	8,101,731	$	4,518,347	$	-	$	-	$	4,518,347
Total liabilities	$	1,192,289	$	2,089	$	-	$	1,194,378	$	1,169,160	$	-	$	-	$	1,169,160