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Statements of Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid In Capital
Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive Income
BALANCE at Jun. 30, 2016 $ 370,484,332 $ 37,648 $ 127,593,932 $ 27,203,861 $ 221,345,279 $ (5,696,388)
BALANCE, shares at Jun. 30, 2016   37,648,605        
Net income 25,152,154 $ 0 0 0 25,152,154  
Issuance of stock for consulting services 41,212 $ 33 41,179 0 0 0
Issuance of stock for consulting services, shares   32,660        
Stock based compensation 1,281,409 $ 870 1,280,539 0 0 0
Stock based compensation, shares   870,000        
Transfer to statutory reserve 0 $ 0 0 1,758,441 (1,758,441) 0
Other comprehensive income 568,944 0 0 0 0 568,944
BALANCE at Jun. 30, 2017 397,528,054 $ 38,551 128,915,650 28,962,302 244,738,992 (5,127,444)
BALANCE, shares at Jun. 30, 2017   38,551,265        
Net income (6,931,225) $ 0 0 0 (6,931,225)
Issuance of stock for consulting services 0 $ 0 0 0 0 0
Issuance of stock for consulting services, shares          
Stock based compensation 421,730 $ 346 421,384 0 0 0
Stock based compensation, shares   345,680        
Transfer to statutory reserve 0 $ 0 0 1,985,042 (1,985,042) 0
Other comprehensive income 1,529,229 0 0 0 0 1,529,229
BALANCE at Jun. 30, 2018 $ 392,547,787 $ 38,897 $ 129,337,035 $ 30,947,344 $ 235,822,725 $ (3,598,215)
BALANCE, shares at Jun. 30, 2018   38,896,945