SHINECO, INC.
SISIMaterials · Agricultural Production-Crops · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $9.8M | $550,476 | $2.2M | $3.0M | $10.4M | $31.2M |
| Operating income | −$17.1M | −$8.8M | −$6.2M | −$21.4M | −$5.1M | $115,415 |
| Net income | −$22.4M | −$13.4M | −$27.0M | −$31.4M | −$6.6M | $796,189 |
| Total assets | $84.2M | $63.5M | $63.8M | $61.3M | $79.1M | $83.7M |
| Total liabilities | $47.6M | $26.6M | $30.5M | $15.9M | $12.6M | $11.1M |
| Equity | $26.0M | $32.6M | $33.7M | $44.7M | $65.3M | $71.5M |
| EPS (diluted) | $-4.23 | $-7.17 | $-2.86 | $-7.14 | — | — |
| Shares out. | 33.8M | 43.8M | 16.4M | 8.8M | 3.0M | 22.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −174.1%
- Net margin
- −229.0%
- Return on equity
- −86.3%
- Return on assets
- −26.7%
- Return on capital (ROCE)
- −30.1%
- Liabilities / assets
- 56.5%
- Debt / equity
- 1.83×
- Book value / share
- $0.77
- Revenue growth (YoY)
- 1680.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -3.41distress
- Accruals / assets
- −22.0%clean
- Beneish M-Score
- 13.63elevated
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Beneish M-Score elevated — earnings-manipulation screen flag
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Sep 29, 2025
- NT 10-Kmissed a reporting deadline ↗Sep 29, 2021
- NT 10-Qmissed a reporting deadline ↗Feb 16, 2021
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2019
- NT 10-Kmissed a reporting deadline ↗Sep 28, 2018
- NT 10-Kmissed a reporting deadline ↗Sep 27, 2017
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Huang ShanchunActivist (13D)Apr 24, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Liu XiqiaoOfficer — COO | Jul 27, 2022 | Grant | 43,000 | $0.00 |
| Zhan JenniferOfficer — CEO | Jul 27, 2022 | Grant | 43,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2,409 | 28.0 | 0.0% |
| Apr 30, 2026 | 2,409 | 7.3 | 0.0% |
| Apr 15, 2026 | 2,409 | 6.2 | 0.0% |
| Mar 31, 2026 | 2,409 | 200.8 | 0.0% |
| Mar 13, 2026 | 2,409 | 32.1 | -0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard notice · Other material eventOct 8, 2025
- Delisting / listing-standard notice · Other material eventJul 31, 2025
- Unregistered equity sale · Other material eventJul 9, 2025
- Completed an acquisition or disposition · Unregistered equity sale · Other material eventJun 23, 2025
- Delisting / listing-standard noticeJun 23, 2025
- Other material eventJun 11, 2025
- Entered a material agreement · Unregistered equity saleJun 2, 2025
- Completed an acquisition or disposition · Unregistered equity sale · Other material eventMay 13, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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