v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Revenues $ 44,951,740 $ 36,809,094 $ 34,985,571
Cost of sales (31,843,337) (25,333,318) (24,813,206)
Gross profit 13,108,403 11,475,776 10,172,365
Operating expenses:      
Selling and marketing expenses 1,915,127 957,990 591,344
General and administrative expenses 1,782,318 1,599,743 1,046,652
Research and development costs 1,331,111 1,302,022 928,826
Total operating expenses 5,028,556 3,859,755 2,566,822
Operating Income 8,079,847 7,616,021 7,605,543
Other income (expenses):      
Interest expenses (1,245,385) (1,417,745) (1,912,866)
Interest income 24,459 51,058 132,747
Other income, net 69,772 158,797 135,374
Total other expenses, net (1,151,154) (1,207,890) (1,644,745)
Income before income taxes 6,928,693 6,408,131 5,960,798
Income tax provision (995,005) (1,105,440) (952,117)
Net income 5,933,688 5,302,691 5,008,681
Net income attributable to non-controlling interests (59,412) (53,154) 0
Net income attributable to ZK International Group Co., Ltd. 5,874,276 5,249,537 5,008,681
Net income 5,933,688 5,302,691 5,008,681
Other comprehensive income (loss):      
Foreign currency translation adjustment 272,237 (403,865) (142,842)
Total comprehensive income 6,205,925 4,898,826 4,865,839
Comprehensive loss (income) attributable to non-controlling interests (61,100) 3,406 0
Comprehensive income attributable to ZK International Group Co., Ltd. $ 6,144,825 $ 4,902,232 $ 4,865,839
Basic and diluted earnings per share      
Basic $ 0.56 $ 0.59 $ 0.56
Diluted $ 0.56 $ 0.59 $ 0.56
Weighted average number of shares outstanding      
Basic 10,970,000 9,000,000 9,000,000
Diluted 10,973,674 9,000,000 9,000,000

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