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EXCEL - IDEA: XBRL DOCUMENT - China Precision Steel, Inc.Financial_Report.xls
10-Q - QUARTERLY REPORT - China Precision Steel, Inc.form10q.htm
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v2.4.0.6
Concentrations of Business and Credit Risk (Tables)
3 Months Ended
Sep. 30, 2012
Supplier Concentration Risk [Member]
 
Schedules of Concentration of Risk from Customers and Suppliers

The Company’s list of customers whose purchases from us were 10% or more of total sales during the three months ended September 30, 2012 and 2011 is as follows:

 

    2012     2011  
a. Customers   $     % to
sales
    $     % to
sales
 
Changshu Jiacheng Steel Plating Co., Ltd.     699,359       12       *       *  
Unimax & Far Corporation     637,147       11       *       *  
Shanghai Wozi Jintian Blade Co., Ltd.     607,652       10       *       *  
Shanghai Shengdejia Metal Co. Ltd     *       *       7,505,117       18  
Hangzhou Cogeneration Import & Export Co., Ltd.     *       *       7,504,827       18  
Shanghai Changshuo Steel Co., Ltd.     *       *       5,644,432       13  
Zhejiang Yongfeng Steel Co., Ltd.     *       *       5,271,256       13  

 

* Not 10% customers for the relevant periods

Customer Concentration Risk [Member]
 
Schedules of Concentration of Risk from Customers and Suppliers

The Company’s list of suppliers whose sales to us exceeded 10% of our total purchases during the three months ended September 30, 2012 and 2011 is as follows:

 

    2012     2011  
b. Suppliers   $     % to
purchases
    $     % to
purchases
 
Hebei Nuojin Trading Co., Ltd.     1,611,038       29       *       *  
Shanghai Tuoda Metal Materials Co., Ltd.     1,174,399       21       *       *  
Shanghai Piyun Steel Co., Ltd.     *       *       9,450,311       26  
Dachang Huizu Baosheng Steel Products Co., Ltd.     *       *       7,117,889       20  
Wuxi Hangda Trading Co., Ltd.     *       *       4,386,389       12  

 

* Not 10% suppliers for the relevant periods