XML 22 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]            
Net revenues - third parties $ 4,665,235 $ 1,511,624 $ 9,480,086 $ 2,606,547 $ 8,699,190 $ 5,041,194
Net revenues - related party 555,246 616,924 1,120,406 1,466,403 2,746,423 2,269,346
Total revenues 5,220,481 2,128,548 10,600,492 4,072,950 11,445,613 7,310,540
Cost of revenues (3,375,878) (350,796) (7,041,796) (657,135) (4,980,591) (3,737,989)
Gross profit 1,844,603 1,777,752 3,558,696 3,415,815 6,465,022 3,572,551
General and administrative expenses (1,827,014) (776,284) (2,590,371) (1,636,198) (3,152,336) (4,346,159)
Selling expenses (335,261) (46,875) (357,727) (112,184) (211,504) (475,619)
Total operating expenses (2,162,275) (823,159) (2,948,098) (1,748,382) (3,363,840) (4,821,778)
Operating income (loss) (317,672) 954,593 610,598 1,667,433 3,101,182 (1,249,227)
Other income (expense)            
Financial income (expense), net 137,799 (88,470) 222,595 (91,904) 30,278 (247,530)
Other income, net         7,828
Total other income (expense) 137,799 (88,470) 222,595 (91,904) 30,278 (239,702)
Net income (loss) before provision for income taxes (179,873) 866,123 833,193 1,575,529 3,131,460 (1,488,929)
Income tax benefit (expense) 571,121 (73,391) 274,692 (145,012) 472,084 (812,593)
Net income 391,248 792,732 1,107,885 1,430,517 3,603,544 (2,301,522)
Net income (loss) attributable to non-controlling interest 93,545 (100,169) 192,993 (108,104) (21,348) (335,593)
Net income attributable to Sino-Global Shipping America, Ltd. 297,703 892,901 914,892 1,538,621 3,624,892 (1,965,929)
Comprehensive income            
Net income 391,248 792,732 1,107,885 1,430,517 3,603,544 (2,301,522)
Foreign currency translation income (loss) 97,600 (104,312) 145,317 (118,882) (73,741) (134,155)
Comprehensive income 488,848 688,420 1,253,202 1,311,635 3,529,803 (2,435,677)
Less: Comprehensive income attributable to non-controlling interest 20,618 21,512 61,365 24,121 38,568 (97,409)
Comprehensive income attributable to Sino-Global Shipping America Ltd. $ 468,230 $ 666,908 $ 1,191,837 $ 1,287,514 $ 3,491,235 $ (2,338,268)
Earnings per share            
-Basic $ 0.03 $ 0.11 $ 0.09 $ 0.19 $ 0.41 $ (0.23)
-Diluted $ 0.03 $ 0.11 $ 0.09 $ 0.18 $ 0.41 $ (0.23)
Weighted average number of common shares used in computation            
-Basic 10,367,492 8,280,535 10,236,513 8,280,535 8,911,494 8,651,606
-Diluted 10,415,503 8,342,870 10,286,683 8,318,541 8,949,960 8,651,606