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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Jun. 30, 2018
Current assets    
Cash $ 3,142,650 $ 7,098,259
Notes receivable 383,792
Accounts receivable, less allowance for doubtful accounts of $5,670,274 and $1,682,228 as of June 30, 2019 and 2018, respectively 7,045,846 8,428,853
Other receivables, less allowance for doubtful accounts of $145,176 as of June 30, 2018 98,445 69,239
Advances to suppliers-third parties 4,361,410 704,878
Advances to suppliers-related party 3,414,619
Prepaid expenses and other current assets 105,054 588,439
Due from related party, net 807,965 2,087,994
Total Current Assets 15,945,162 22,392,281
Property and equipment, net 989,910 956,429
Intangible assets, net 89,722 153,056
Prepaid expenses 519,503 1,878,258
Other long-term assets - deposits 3,054,706 143,303
Deferred tax assets, net 634,500
Total Assets 20,599,003 26,157,827
Current Liabilities    
Advances from customers 68,590 415,385
Accounts payable 567,619 3,225,661
Taxes payable 3,184,895 2,700,619
Accrued expenses and other current liabilities 1,418,129 280,888
Total current liabilities 5,239,233 6,622,553
Total liabilities 5,239,233 6,622,553
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; 16,054,534 and 13,271,032 shares issued as of June 30, 2019 and 2018, respectively; 15,879,037 and 13,095,535 outstanding as of June 30, 2019 and 2018, respectively 26,523,830 23,717,330
Additional paid-in capital 2,066,906 1,755,573
Treasury stock, at cost, 175,497 shares as of June 30, 2019 and 2018 (417,538) (417,538)
Accumulated deficit (6,968,700) (434,856)
Accumulated other comprehensive loss (671,106) (272,407)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 20,533,392 24,348,102
Non-controlling Interest (5,173,622) (4,812,828)
Total Equity 15,359,770 19,535,274
Total Liabilities and Equity $ 20,599,003 $ 26,157,827