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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Jun. 30, 2011
ASSETS    
Cash and cash equivalents $ 71,978,630 $ 65,606,413
Accounts receivable, net 62,001,158 17,517,625
Inventories 28,602,684 23,732,404
Other current assets 299,526 537,126
Advances to suppliers 12,207,325 11,487,896
Total Current Assets 175,089,323 118,881,464
Plant, Property and Equipment, Net 80,065,161 66,211,441
Construction In Progress 0 4,662,039
Other Assets - Non Current 182,119 150,169
Intangible Assets, Net 27,618,641 28,508,629
Goodwill 5,075,809 4,957,245
Total Assets 288,031,053 223,370,987
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 6,881,748 5,981,703
Unearned revenue 2,625,014 11,059,313
Accrued expenses and other payables 4,290,249 3,282,353
Amount due to related parties 370,719 69,962
Taxes payable 17,675,389 7,004,865
Short term loans 13,931,280 4,099,550
Total Current Liabilities 45,774,399 31,497,746
Commitment and Contingencies      
Stockholders' Equity    
Preferred Stock, $.001 par value, 20,000,000 shares authorized, zero shares issued and outstanding 0 0
Common stock, $.001 par value, 115,197,165 shares authorized, 27,455,722 and 26,845,860 shares issued and outstanding as of June 30, 2012 and June 30, 2011, respectively 27,456 26,846
Additional paid-in capital 102,175,709 98,627,482
Statutory reserve 15,130,158 10,027,721
Retained earnings 109,142,824 72,287,436
Accumulated other comprehensive income 15,780,507 10,903,756
Total Stockholders' Equity 242,256,654 191,873,241
Total Liabilities and Stockholders' Equity $ 288,031,053 $ 223,370,987