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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Jun. 30, 2015
Current assets    
Cash and cash equivalents $ 1,018,463 $ 730,322
Advances to suppliers 57,007 50,975
Accounts receivable, less allowance for doubtful accounts of $462,825 and $477,240 as of September 30, 2015 and June 30, 2015, respectively 2,914,193 3,082,219
Other receivables, less allowance for doubtful accounts of $238,672 and $241,604 as of September 30, 2015 and June 30, 2015, respectively 347,050 191,972
Prepaid expense and other current assets 1,293,885 1,265,609
Due from related parties 3,270,467 2,784,591
Total Current Assets 8,901,065 8,105,688
Property and equipment, net 195,582 214,003
Prepaid expenses - noncurrent 145,056 436,351
Other long-term assets 2,751,640 2,773,908
Deferred tax assets 299,600 280,600
Total Assets 12,292,943 11,810,550
Current liabilities    
Advances from customers 25,832 126,201
Accounts payable 339,325 691,588
Accrued expenses 22,710 23,411
Taxes payable 1,317,961 996,648
Other current liabilities 23,934 76,196
Total Current Liabilities 1,729,762 1,914,044
Total Liabilities $ 1,729,762 $ 1,914,044
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; 8,496,032 and 7,996,032 shares issued as of September 30, 2015 and June 30, 2015; 8,370,841 and 7,870,841 outstanding as of September 30, 2015 and June 30, 2015 16,935,591 16,303,327
Additional paid-in capital 1,144,842 1,144,842
Treasury stock, at cost - 125,191 shares (372,527) (372,527)
Accumulated deficit (2,368,713) (2,552,870)
Accumulated other comprehensive income 218 91,432
Unearned stock-based compensation (7,760) (7,760)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 15,331,651 14,606,444
Non-controlling Interest (4,768,470) (4,709,938)
Total Equity 10,563,181 9,896,506
Total Liabilities and Equity $ 12,292,943 $ 11,810,550