Shineco Inc. (SISI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ROOM 1707, BUILDING D CHAOYANG DISTRICT, BEIJING,, 100022 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 01 - Agricultural Production Crops (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 MRQ | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 366 | 626 | 15,165 | 16,343 | 32,371 | 35,331 | |||
| Cash and cash equivalent | 366 | 626 | 15,165 | 16,343 | 32,371 | 35,331 | |||
| Restricted cash and investments | 29 | ||||||||
| Receivables | 1,215 | 35 | 8,617 | 2,819 | 11,008 | 9,872 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,589 | 324 | 18,719 | 1,323 | 1,800 | 2,216 | |||
| Inventory | 1,589 | 324 | 18,719 | 1,323 | 1,800 | 2,216 | |||
| Derivative instruments and hedges, assets | 6 | ||||||||
| Advances on inventory purchases | 10,021 | 3 | 4 | 7,790 | 13,314 | 11,834 | |||
| Disposal group, including discontinued operation | 37,109 | 19,660 | |||||||
| Other current assets | 7,294 | 2,827 | 17,232 | 1,343 | 905 | 1,711 | |||
| Other undisclosed current assets | 384 | 121 | |||||||
| Total current assets: | 20,904 | 40,924 | 59,735 | 49,279 | 59,520 | 60,962 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 146 | 132 | 2,088 | 3,586 | 3,228 | ✕ | |||
| Property, plant and equipment | 6,280 | 1,213 | 1,375 | 2,254 | 9,489 | 10,668 | |||
| Long-term investments and receivables | 617 | 4,515 | 6,651 | ||||||
| Long-term investments | 617 | 4,515 | 6,651 | ||||||
| Intangible assets, net (including goodwill) | 56,234 | 18,624 | 1,044 | 1,075 | |||||
| Goodwill | 13,190 | 6,575 | |||||||
| Intangible assets, net (excluding goodwill) | 43,044 | 12,049 | 1,044 | 1,075 | |||||
| Disposal group, including discontinued operation, noncurrent assets | 2,576 | 5,043 | |||||||
| Other undisclosed noncurrent assets | 616 | 10 | 1,157 | 1,292 | 4,384 | ||||
| Total noncurrent assets: | 63,275 | 22,545 | 4,091 | 12,040 | 19,569 | 22,777 | |||
| TOTAL ASSETS: | 84,179 | 63,469 | 63,826 | 61,319 | 79,089 | 83,739 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,201 | 692 | 1,170 | 1,285 | 3,535 | 3,562 | |||
| Taxes payable | ✕ | ✕ | ✕ | 584 | 1,208 | 3,387 | 3,342 | ||
| Accounts payable | 813 | 191 | 2 | 77 | 148 | 220 | |||
| Accrued liabilities | 1,388 | 501 | 584 | ||||||
| Deferred revenue | 319 | ✕ | |||||||
| Debt | 15,171 | 16,367 | 14,417 | 4,791 | 2,334 | 2,410 | |||
| Disposal group, including discontinued operation | 5,394 | 4,867 | |||||||
| Other liabilities | 382 | ||||||||
| Due to related parties | ✕ | ✕ | 2,799 | 1,159 | 1,356 | 235 | |||
| Other undisclosed current liabilities | 9,871 | 894 | 10,655 | 2,693 | 4,123 | 3,893 | |||
| Total current liabilities: | 27,563 | 23,346 | 29,040 | 14,795 | 11,347 | 10,482 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,080 | 69 | 1,026 | 353 | 402 | ||||
| Long-term debt, excluding current maturities | 1,080 | 69 | |||||||
| Liabilities, other than long-term debt | 10,021 | 3,201 | 447 | 792 | 827 | ||||
| Accounts payable and accrued liabilities | 186 | 335 | 447 | 506 | 566 | ||||
| Deferred income tax liabilities | 9,835 | 1,417 | 286 | 261 | ✕ | ||||
| Disposal group, including discontinued operation, liabilities | 1,405 | ||||||||
| Operating lease, liability | 44 | 1,026 | 353 | 402 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 8,937 | 626 | |||||||
| Total noncurrent liabilities: | 20,039 | 3,270 | 1,473 | 1,145 | 1,229 | 626 | |||
| Total liabilities: | 47,602 | 26,616 | 30,513 | 15,940 | 12,576 | 11,107 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 26,001 | 32,562 | 33,711 | 44,706 | 65,326 | 71,532 | |||
| Common stock | 8 | 26 | 11 | 8 | 3 | 23 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (3,782) | (3,024) | (8,535) | ||||||
| Additional paid in capital | 69,469 | 68,848 | 52,999 | 41,106 | 27,302 | 24,759 | |||
| Accumulated other comprehensive loss | (218) | (4,992) | (2,101) | (732) | (6,284) | (4,184) | |||
| Retained earnings (accumulated deficit) | (54,337) | (31,735) | (18,372) | 8,661 | 40,107 | 46,735 | |||
| Other undisclosed equity, attributable to parent | 11,079 | 4,198 | 4,198 | 4,198 | 4,198 | 4,198 | |||
| Equity, attributable to noncontrolling interest | 10,577 | 4,291 | (398) | 672 | 1,187 | 1,101 | |||
| Total equity: | 36,578 | 36,853 | 33,313 | 45,378 | 66,512 | 72,632 | |||
| TOTAL LIABILITIES AND EQUITY: | 84,179 | 63,469 | 63,826 | 61,319 | 79,089 | 83,739 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,802 | 550 | 2,186 | 3,022 | 23,685 | 31,220 | ||
| Cost of revenue | (8,920) | (424) | (3,797) | (7,258) | (17,565) | (22,248) | ||
| Cost of product and service sold | (8,906) | (421) | (2,223) | (3,948) | (17,508) | (22,248) | ||
| Gross profit: | 882 | 126 | (1,611) | (4,236) | 6,120 | 8,972 | ||
| Operating expenses | (17,948) | (8,884) | (21,401) | (17,177) | (9,609) | (8,856) | ||
| Operating income (loss): | (17,066) | (8,758) | (23,011) | (21,413) | (3,490) | 115 | ||
| Nonoperating income (expense) | (16,901) | (2,148) | (1,915) | (27) | (1,931) | 1,554 | ||
| Investment income, nonoperating | (133) | 107 | 516 | |||||
| Interest and debt expense | (10) | (22) | (442) | (116) | (115) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,672 | 801 | 769 | 32 | 116 | 115 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (31,305) | (10,127) | (24,600) | (21,407) | (5,420) | 1,669 | ||
| Income (loss) from equity method investments | (21) | (133) | (3,784) | 107 | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | (2,662) | (758) | (194) | 3,752 | ||||
| Income (loss) from continuing operations before income taxes: | (33,967) | (10,906) | (24,926) | (21,439) | (5,313) | 1,669 | ||
| Income tax expense (benefit) | 759 | 195 | 292 | (44) | (1,090) | (788) | ||
| Other undisclosed income from continuing operations | 44 | |||||||
| Income (loss) from continuing operations: | (33,208) | (10,711) | (24,634) | (21,439) | (6,404) | 882 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (27,067) | (32,056) | (6,404) | 882 | |
| Income (loss) from discontinued operations | 8,855 | (3,245) | (2,433) | (10,617) | ||||
| Other undisclosed net loss | (107) | |||||||
| Net income (loss): | (24,353) | (13,956) | (27,067) | (32,056) | (6,511) | 882 | ||
| Net income (loss) attributable to noncontrolling interest | 1,904 | 593 | 34 | 611 | (118) | (86) | ||
| Net income (loss) available to common stockholders, diluted: | (22,449) | (13,363) | (27,033) | (31,445) | (6,629) | 796 | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (24,353) | (13,956) | (27,067) | (32,056) | (6,511) | 882 | ||
| Other comprehensive income (loss) | (2,911) | (1,333) | 5,649 | (4,264) | (2,713) | |||
| Other undisclosed comprehensive income (loss) | (3) | 2,132 | ||||||
| Comprehensive loss: | (24,356) | (16,867) | (28,400) | (26,408) | (8,643) | (1,831) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,912 | 612 | (2) | 514 | (86) | (47) | ||
| Comprehensive loss, net of tax, attributable to parent: | (22,444) | (16,255) | (28,402) | (25,893) | (8,728) | (1,879) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.