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CONSOLIDATION STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Ordinary Shares
Additional Paid-In Capital
Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total
[1]
Balance at Jun. 30, 2016 $ 50,000 $ 416,898   $ (433,325) $ (6,325) $ 27,248
Balance (in shares) at Jun. 30, 2016 [1] 17,605,633.8028          
Net income for the year       1,642,569   1,642,569
Appropriation of statutory reserves     $ 123,759 (123,759)    
Foreign currency translation gain         2,855 2,855
Profit dividend       (986,044)   (986,044)
Balance at Jun. 30, 2017 $ 50,000 416,898 123,759 99,441 (3,470) 686,628
Balance (in shares) at Jun. 30, 2017 [1] 17,605,633.8028          
Net income for the year       2,325,599   2,325,599
Appropriation of statutory reserves     232,577 (232,577)    
Foreign currency translation gain         13,470 13,470
Profit dividend       (2,157,623)   (2,157,623)
Balance at Jun. 30, 2018 $ 50,000 416,898 356,336 34,840 10,000 868,074
Balance (in shares) at Jun. 30, 2018 [1] 17,605,633.8028          
Net income for the year       5,188,919   5,188,919
Share cancellation $ (4,500) 4,500        
Share cancellation (in shares) [1] (1,584,507.0422)          
Appropriation of statutory reserves     518,935 (518,935)    
Foreign currency translation gain         (64,021) (64,021)
Balance at Jun. 30, 2019 $ 45,500 $ 421,398 $ 875,271 $ 4,704,824 $ (54,021) $ 5,992,972
Balance (in shares) at Jun. 30, 2019 [1] 16,021,126.7606          
[1] Retrospectively restated for effect of reverse split.