XML 99 R77.htm IDEA: XBRL DOCUMENT v3.5.0.2
Restricted Net Assets (Details) - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Current Assets:      
Cash and cash equivalents $ 102,896,486 $ 92,982,564 $ 26,890,321
Total Current Assets 335,581,234 304,184,346  
Total Assets 418,782,527 429,582,618  
Current Liabilities:      
Accounts payable 5,246,153 2,372,130  
Amount due to related parties 2,473,004 2,068,102  
Other payables and accrued expenses 16,414,392 4,952,977  
Total Current Liabilities 48,298,195 56,633,144  
Stockholders' Equity      
Common stock, $.001 par value, 115,197,165 shares authorized, 37,648,605 and 35,905,198, shares issued and outstanding as of June 30, 2016 and 2015, respectively 37,648 35,905  
Additional paid in capital 127,593,932 123,360,384  
Accumulated other comprehensive income (loss) (5,696,388) 25,708,238  
Retained earnings 221,345,279 198,814,259  
Total Stockholders' Equity 370,484,332 372,949,474 332,039,792
Total Liabilities and Stockholders' Equity 418,782,527 429,582,618  
Parent Company [Member]      
Current Assets:      
Cash and cash equivalents 167,495 306,376 $ 117,939
Other current assets 70 2,977  
Total Current Assets 167,565 309,353  
Long-term equity investment 376,321,912 377,245,446  
Total long term assets 376,321,912 377,245,446  
Total Assets 376,489,477 377,554,799  
Current Liabilities:      
Accounts payable 214,520 214,520  
Amount due to related parties 1,388,743 888,743  
Other payables and accrued expenses 4,401,882 3,502,062  
Total Current Liabilities 6,005,145 4,605,325  
Stockholders' Equity      
Common stock, $.001 par value, 115,197,165 shares authorized, 37,648,605 and 35,905,198, shares issued and outstanding as of June 30, 2016 and 2015, respectively 37,648 35,905  
Additional paid in capital 127,593,932 123,360,384  
Accumulated other comprehensive income (loss) (5,696,388) 25,708,238  
Retained earnings 248,549,140 223,844,947  
Total Stockholders' Equity 370,484,332 372,949,474  
Total Liabilities and Stockholders' Equity $ 376,489,477 $ 377,554,799