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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities    
Net income $ 17,102,728 $ 18,475,514
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Issuance of common stock and stock options for compensation 2,230,530 1,010,243
Depreciation 5,228,391 2,347,876
Amortization 785,838 663,442
Changes in operating assets, net of effects from acquisitions    
Accounts receivable 308,537 (28,829,924)
Other current assets (23,996) (728,335)
Inventories (22,502,012) (20,446,717)
Advances to suppliers 1,334,094 7,023,757
Other assets 36,635 (93,189)
Changes in operating liabilities, net of effects from acquisitions    
Accounts payable (2,059,637) 2,445,043
Unearned revenue 4,165,059 6,717,226
Tax payables 3,415,597 4,321,427
Accrued expenses and other payables (124,499) 4,346,642
Amount due to related parties 1,109,500 0
Net cash provided by (used in) operating activities 11,006,765 (2,746,995)
Cash flows from investing activities    
Purchase of plant, property, and equipment (8,479,974) (3,840,457)
Increase in construction in progress (175,581) (1,541,236)
Net cash used in investing activities (8,655,555) (5,381,693)
Cash flows from financing activities    
Proceeds from loans 562,675 9,616,925
Net cash provided by financing activities 562,675 9,616,925
Effect of exchange rate change on cash and cash equivalents 45,266 1,098,840
Net increase in cash and cash equivalents 2,959,151 2,587,077
Cash and cash equivalents, beginning balance 71,978,630 65,606,413
Cash and cash equivalents, ending balance 74,937,781 68,193,490
Supplement disclosure of cash flow information    
Interest expense paid 752,239 556,347
Income taxes paid $ 209,275 $ 320,704