$ENFY
Enlightify Inc. Stock $enfy

$enfy Overview Financials Valuation SEC Filings Company Website

2014 Q4 Form 10-Q Financial Statement

#000114420415007189 Filed on February 09, 2015

Income Statement

Concept	2014 Q4	2013 Q4
Revenue	$54.05M	$40.63M
YoY Change	33.02%	-2.63%
Cost Of Revenue	$31.14M	$21.80M
YoY Change	42.85%	-14.51%
Gross Profit	$22.91M	$18.85M
YoY Change	21.53%	16.41%
Gross Profit Margin	42.39%	46.39%
Selling, General & Admin	$5.175M	$13.40M
YoY Change	-61.38%	112.7%
% of Gross Profit	22.59%	71.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$12.13M	$10.07M
YoY Change	20.53%	257.02%
% of Gross Profit	52.96%	53.4%
Operating Expenses	$15.83M	$13.37M
YoY Change	18.35%	112.45%
Operating Profit	$7.084M	$5.478M
YoY Change	29.3%	-44.66%
Interest Expense	-$300.0K	$304.2K
YoY Change	-198.61%	-16.98%
% of Operating Profit	-4.24%	5.55%
Other Income/Expense, Net	-$316.2K	-$352.9K
YoY Change	-10.39%	-398.4%
Pretax Income	$6.767M	$5.126M
YoY Change	32.03%	-48.83%
Income Tax	$1.600M	$1.450M
% Of Pretax Income	23.64%	28.29%
Net Earnings	$5.215M	$3.676M
YoY Change	41.89%	-55.4%
Net Earnings / Revenue	9.65%	9.05%
Basic Earnings Per Share	$0.16	$0.12
Diluted Earnings Per Share	$0.16	$0.12
COMMON SHARES
Basic Shares Outstanding	33.28M shares	31.82M shares
Diluted Shares Outstanding	33.28M shares	31.82M shares

Balance Sheet

Concept	2014 Q4	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$59.40M	$13.90M
YoY Change	327.34%	-81.44%
Cash & Equivalents	$59.36M	$13.91M
Short-Term Investments
Other Short-Term Assets	$9.200M	$39.60M
YoY Change	-76.77%	263.3%
Inventory	$147.0M	$71.90M
Prepaid Expenses
Receivables	$71.10M	$76.40M
Other Receivables	$3.298M	$0.00
Total Short-Term Assets	$289.9M	$201.8M
YoY Change	43.66%	1.41%
LONG-TERM ASSETS
Property, Plant & Equipment	$46.41M	$80.45M
YoY Change	-42.31%	-3.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$72.20M	$61.50M
YoY Change	17.4%	61400.0%
Total Long-Term Assets	$149.7M	$173.4M
YoY Change	-13.67%	50.0%
TOTAL ASSETS
Total Short-Term Assets	$289.9M	$201.8M
Total Long-Term Assets	$149.7M	$173.4M
Total Assets	$439.6M	$375.2M
YoY Change	17.16%	19.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.800M	$4.900M
YoY Change	-2.04%	-18.33%
Accrued Expenses	$4.250M	$2.915M
YoY Change	45.81%	-2.83%
Deferred Revenue
YoY Change
Short-Term Debt	$23.60M	$19.90M
YoY Change	18.59%	37.24%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$92.40M	$55.30M
YoY Change	67.09%	5.13%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$92.40M	$55.30M
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$92.40M	$55.30M
YoY Change	67.09%	5.13%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$347.1M	$319.9M
YoY Change
Total Liabilities & Shareholders Equity	$439.6M	$375.2M
YoY Change	17.16%	19.26%

Cashflow Statement

Concept	2014 Q4	2013 Q4
OPERATING ACTIVITIES
Net Income	$5.215M	$3.676M
YoY Change	41.89%	-55.4%
Depreciation, Depletion And Amortization	$12.13M	$10.07M
YoY Change	20.53%	257.02%
Cash From Operating Activities	$21.48M	$4.700M
YoY Change	357.02%	1.73%
INVESTING ACTIVITIES
Capital Expenditures	-$150.0K	-$370.0K
YoY Change	-59.46%	-90.91%
Acquisitions
YoY Change
Other Investing Activities	-$4.920M	-$39.08M
YoY Change	-87.41%
Cash From Investing Activities	-$5.080M	-$39.45M
YoY Change	-87.12%	869.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.790M	3.570M
YoY Change	-49.86%
NET CHANGE
Cash From Operating Activities	21.48M	4.700M
Cash From Investing Activities	-5.080M	-39.45M
Cash From Financing Activities	1.790M	3.570M
Net Change In Cash	18.19M	-31.18M
YoY Change	-158.34%	-5769.09%
FREE CASH FLOW
Cash From Operating Activities	$21.48M	$4.700M
Capital Expenditures	-$150.0K	-$370.0K
Free Cash Flow	$21.63M	$5.070M
YoY Change	326.63%	-41.66%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	46413510	USD
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CY2014Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	48061611	USD
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	11078885	USD
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	8130000	USD
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	7499485	USD
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	8536500	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	250000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	300400	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	3829400	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1139646	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	501298	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	64284	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-61119217	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	32474125	USD
CY2014Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3942542	USD
CY2014Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3297763	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	490981	USD
CY2014Q4	us-gaap	Advances On Inventory Purchases AdvancesOnInventoryPurchases	8728558	USD
CY2014Q2	us-gaap	Other Receivables OtherReceivables	2628361	USD
CY2014Q2	us-gaap	Customer Deposits Current CustomerDepositsCurrent	25700586	USD
CY2014Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	49781543	USD
CY2014Q2	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	4309073	USD
CY2014Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	5505523	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Use of estimates</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="BACKGROUND: transparent; FONT-SIZE: 10pt"> Reclassification</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="BACKGROUND: transparent; FONT-SIZE: 10pt">Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the 2014 consolidated financial statement presentation. Such reclassifications did not affect total revenues, operating income or net income or cash flows as previously reported.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34732339	shares
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CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34732339	shares
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CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
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CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
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CY2014Q4	us-gaap	Loans Payable To Bank Current LoansPayableToBankCurrent	23640310	USD
CY2014Q2	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	61506	USD
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CY2014Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1166683	USD
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	cga	Income Tax Reconciliation Expected Income Tax Expense Benefit IncomeTaxReconciliationExpectedIncomeTaxExpenseBenefit	4052182	USD
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	cga	Value Added Tax Rate ValueAddedTaxRate	0.13	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	14054194	USD
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	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	9605744	USD
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CY2014Q4	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5351274	USD
	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	13314519	USD
CY2013Q4	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	3675737	USD
CY2014Q4	us-gaap	Net Income Loss Attributable To Parent Diluted NetIncomeLossAttributableToParentDiluted	5215437	USD
	cga	Amortization Of Deferred Assets AmortizationOfDeferredAssets	20982516	USD
	cga	Deferred Asset Amortization Expense Next Twelve Months DeferredAssetAmortizationExpenseNextTwelveMonths	42727492	USD
	cga	Deferred Asset Amortization Expense Year Two DeferredAssetAmortizationExpenseYearTwo	26470125	USD
	cga	Deferred Asset Amortization Expense Year Three DeferredAssetAmortizationExpenseYearThree	2870013	USD
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CY2014Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	728698	USD
CY2014Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	343317	USD
CY2014Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	47697185	USD
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CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	68145197	USD
CY2014Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	21731687	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4836649	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3206945	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15733186	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	23881680	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-9880787	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-17868983	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-53736	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	9654	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	36778444	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	71309766	USD
	cga	Increase Decrease In Advances To Suppliers IncreaseDecreaseInAdvancesToSuppliers	6887211	USD
	cga	Increase Decrease In Advances To Suppliers IncreaseDecreaseInAdvancesToSuppliers	-23947858	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-2797	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	77842	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-5387	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-680569	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	9522994	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	24018709	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-10721833	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	3529113	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	582066	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1193263	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	143752	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	0	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	417286	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	38908479	USD
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	us-gaap	Income Taxes Paid IncomeTaxesPaid	14833073	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	26366	USD
	us-gaap	Stock Issued1 StockIssued1	525000	USD
	us-gaap	Stock Issued1 StockIssued1	0	USD
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CY2014Q2	us-gaap	Loans Payable To Bank Current LoansPayableToBankCurrent	24002720	USD
	us-gaap	Debt Instrument Maturity Date Description DebtInstrumentMaturityDateDescription	the short-term loan payables consist of eleven loans which mature on dates ranging from January 8, 2015 through December 15, 2015
CY2014Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	4726504	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.226	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.211	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2014Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2014Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	552495	shares
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CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	115099	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	14.66
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	14.66
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	USD
	us-gaap	Litigation Settlement Amount LitigationSettlementAmount	2500000	USD
CY2013Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10066344	USD
CY2014Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12132486	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	65867201	USD
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	53570	USD
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	29673	USD
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	5775	USD
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	5775	USD
CY2014Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	5775	USD
	us-gaap	Nature Of Operations NatureOfOperations	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">NOTE 1 ORGANIZATION AND DESCRIPTION OF BUSINESS</font></font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">China Green Agriculture, Inc. (the “Company”, “Parent Company” or “Green Nevada”), through its subsidiaries, is engaged in the research, development, production, distribution and sale of humic acid-based compound fertilizer, compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer and the development, production and distribution of agricultural products.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Unless the context indicates otherwise, as used in the notes to the financial statements of the Company, the following are the references herein of all the subsidiaries of the Company (i) Green Agriculture Holding Corporation (“Green New Jersey”), a wholly-owned subsidiary of Green Nevada incorporated in the State of New Jersey; (ii) Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), a wholly-owned subsidiary of Green New Jersey organized under the laws of the PRC; (iii) Xi’an Jintai Agriculture Technology Development Company (“Jintai”), wholly-owned subsidiary of Jinong in the PRC, (iv) Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (“Yuxing”), a Variable Interest Entity (“VIE”) in the PRC controlled by Jinong through contractual agreements; (v) Beijing Gufeng Chemical Products Co., Ltd., a wholly-owned subsidiary of Jinong in the PRC (“Gufeng”), and (vi) Beijing Tianjuyuan Fertilizer Co., Ltd., Gufeng’s wholly-owned subsidiary in the PRC (“Tianjuyuan”).</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company’s corporate structure as of December 31, 2014 is set forth in the diagram below:</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"></font> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"></font> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="center"><font style="FONT-SIZE: 10pt"><img src="tflowchart.jpg"/></font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt"> </font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The unaudited consolidated financial statements were prepared by Company pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”). The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) were omitted pursuant to such rules and regulations. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and footnotes included in the Company’s Annual Report on Form 10-K. The results for the six months ended December 31, 2014, are not necessarily indicative of the results to be expected for the year ending June 30, 2015.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	16029	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	14808	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Registrant Name EntityRegistrantName	China Green Agriculture, Inc.
	dei	Entity Central Index Key EntityCentralIndexKey	0000857949
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Trading Symbol TradingSymbol	CGA
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34732339	shares
CY2014Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	0	USD
CY2014Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	3296156	USD
	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	13390648	USD
	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	20982516	USD
CY2013Q4	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	8054453	USD
CY2014Q4	us-gaap	Amortization Of Deferred Sales Commissions AmortizationOfDeferredSalesCommissions	10651432	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-25240	USD
CY2013Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	7490000	USD
CY2014Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	3675000	USD
CY2014Q4	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.10
CY2014Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3296156	USD
CY2014Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	2403958	USD

Files In Submission

Name	View Source	Status
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2014 Q4 Form 10-Q Financial Statement

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2014 Q4 Form 10-Q Financial Statement

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