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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2017
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 7,219,848 $ 8,733,742
Accounts receivable, less allowance for doubtful accounts of $763,984 and $185,821 as of December 31, 2017 and June 30, 2017, respectively 4,248,363 2,569,141
Other receivables, less allowance for doubtful accounts of $145,279 and $145,244 as of December 31, 2017 and June 30, 2017, respectively 318,827 37,811
Advances to suppliers-third parties 14,611 54,890
Advances to suppliers-related party 3,473,717 3,333,038
Prepaid expenses and other current assets 230,721 311,136
Due from related parties, net 2,372,996 1,715,130
Total Current Assets 17,879,083 16,754,888
Property and equipment, net 217,335 187,373
Intangible assets, net 184,722
Prepaid expenses 6,882
Other long-term assets 119,059 117,478
Deferred tax assets 1,823,100 749,400
Total Assets 20,223,299 17,816,021
Current Liabilities    
Advances from customers 360,744 369,717
Accounts payable 506,989 206,211
Taxes payable 2,258,737 1,886,216
Due to related parties 206,323
Accrued expenses and other current liabilities 359,748 418,029
Total Current Liabilities 3,486,218 3,086,496
Income tax payable - noncurrent portion 440,219
Total Liabilities 3,926,437 3,086,496
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, none issued.
Common stock, 50,000,000 shares authorized, no par value; 10,611,032 and 10,281,032 shares issued as of December 31, 2017 and June 30, 2017, respectively; 10,435,535 and 10,105,535 outstanding as of December 31, 2017 and June 30, 2017, respectively 20,535,379 20,535,379
Additional paid-in capital 1,032,016 688,934
Treasury stock, at cost, 175,497 shares as of December 31, 2017 and June 30, 2017 (417,538) (417,538)
Retained earnings (accumulated deficit) 20,985 (893,907)
Accumulated other comprehensive loss (134,637) (414,564)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 21,036,205 19,498,304
Non-controlling Interest (4,739,343) (4,768,779)
Total Equity 16,296,862 14,729,525
Total Liabilities and Equity $ 20,223,299 $ 17,816,021