v3.22.2.2
Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Sales $ 36,787,341 $ 29,887,244
Cost of sales (30,844,955) (24,534,360)
Gross profit 5,942,386 5,352,884
Operating expenses:    
Selling, general and administrative 4,029,179 3,742,726
Research and development 1,223,213 928,582
Total operating expenses 5,252,392 4,671,308
Operating income 689,994 681,576
Other income (expenses):    
Interest expenses, net (952,644) (926,237)
Other income, net 253,500 956,618
Total other income (expenses), net (699,144) 30,381
Income (loss) before income taxes (9,150) 711,957
Income tax provision (69,626)
Net income (loss) (9,150) 642,331
Net income (loss) attributable to non-controlling interests (92) 6,423
Net income (loss) attributable to Huadi International Group Co., Ltd. (9,058) 635,908
Net income (loss) (9,150) 642,331
Other comprehensive income:    
Foreign currency translation adjustment 658,742 875,195
Total comprehensive income 649,591 1,517,526
Comprehensive income attributable to non-controlling interests 6,495 8,752
Comprehensive income attributable to Huadi International Group Co., Ltd. $ 643,096 $ 1,508,774
Basic and diluted earnings per share    
Basic (in Dollars per share)   $ 0.06
Diluted (in Dollars per share)   $ 0.06
Weighted average number of shares outstanding    
Basic (in Shares) 13,192,232 11,041,667
Diluted (in Shares) 13,192,232 11,041,667