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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Current assets    
Cash and cash equivalents $ 4,076,107 $ 730,322
Advances to suppliers 6,207 50,975
Accounts receivable, less allowance for doubtful accounts of $151,794 and $477,240 as of March 31, 2016 and June 30, 2015, respectively 1,688,340 3,082,219
Other receivables, less allowance for doubtful accounts of $125,244 and $241,604 as of March 31, 2016 and June 30, 2015, respectively 316,603 191,972
Prepaid expense and other current assets 1,089,121 1,265,609
Due from related parties, less allowance for doubtful accounts of $174,653 and nil as of March 31, 2016 and June 30, 2015, respectively 1,062,687 2,784,591
Total Current Assets 8,239,065 8,105,688
Property and equipment, net 182,647 214,003
Prepaid expenses 188,268 436,351
Other long-term assets 38,323 2,773,908
Deferred tax assets 0 280,600
Total Assets 8,648,303 11,810,550
Liabilities and Equity    
Advances from customers 24,376 126,201
Accounts payable 312,009 691,588
Taxes payable 1,740,227 996,648
Accrued expenses and other current liabilities 83,468 99,607
Total Current Liabilities 2,160,080 1,914,044
Total Liabilities $ 2,160,080 $ 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; 8,254,138 and 7,996,032 shares issued as of March 31, 2016 and June 30, 2015; 8,080,841 and 7,870,841 outstanding as of March 31, 2016 and June 30, 2015 15,320,391 16,303,327
Additional paid-in capital 1,144,842 1,144,842
Treasury stock, at cost - 173,297 and 125,191 shares as of March 31, 2016 and June 30, 2015 (415,978) (372,527)
Accumulated deficit (4,606,020) (2,552,870)
Accumulated other comprehensive income (94,913) 91,432
Unearned stock-based compensation (7,760) (7,760)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 11,340,562 14,606,444
Non-controlling Interest (4,852,339) (4,709,938)
Total Equity 6,488,223 9,896,506
Total Liabilities and Equity $ 8,648,303 $ 11,810,550