Shineco Inc
Shineco, Inc., through its subsidiaries, plants, processes, and distributes agricultural produce. The company also engages in the development, production, and distribution of diagnostic products and related medical devices; trading of fresh fruits; and processing, producing, and distribution of silk and silk fabrics, as well as other by-products. In addition, it operates a restaurant in Fuzhou. T… Read more
Shineco Inc (SISI) - Net Assets
Latest net assets as of March 2025: $26.06 Million USD
Based on the latest financial reports, Shineco Inc (SISI) has net assets worth $26.06 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($85.50 Million) and total liabilities ($59.44 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $26.06 Million |
| % of Total Assets | 30.48% |
| Annual Growth Rate | 17.9% |
| 5-Year Change | -45.01% |
| 10-Year Change | -20.84% |
| Growth Volatility | 337.99 |
Shineco Inc - Net Assets Trend (2005–2024)
This chart illustrates how Shineco Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shineco Inc (2005–2024)
The table below shows the annual net assets of Shineco Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $36.58 Million | -0.75% |
| 2023-06-30 | $36.85 Million | +10.63% |
| 2022-06-30 | $33.31 Million | -26.59% |
| 2021-06-30 | $45.38 Million | -31.77% |
| 2020-06-30 | $66.51 Million | -8.43% |
| 2019-06-30 | $72.63 Million | -0.33% |
| 2018-06-30 | $72.87 Million | +15.21% |
| 2017-06-30 | $63.25 Million | +25.23% |
| 2016-06-30 | $50.51 Million | +9.31% |
| 2015-06-30 | $46.21 Million | +20.14% |
| 2014-06-30 | $38.46 Million | +69.59% |
| 2013-06-30 | $22.68 Million | +1315.60% |
| 2007-06-30 | $1.60 Million | 0.00% |
| 2006-06-30 | $1.60 Million | 0.00% |
| 2005-06-30 | $1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shineco Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10692.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.74 Million | 25.91% |
| Other Comprehensive Income | $4.13 Million | 15.89% |
| Other Components | $69.47 Million | 267.18% |
| Total Equity | $26.00 Million | 100.00% |
Shineco Inc Competitors by Market Cap
The table below lists competitors of Shineco Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TEMPEST THERAP. DL-01
F:3OS
|
$59.52K |
|
Sydinv USA Value A DKK
CO:SYIUSAVADKK
|
$59.52K |
|
Identi Healthcare Ltd
TA:IDNT
|
$59.57K |
|
Telestrada SA
WAR:TLS
|
$59.58K |
|
PHOTOCURE (PHS.SG)
STU:PHS
|
$59.44K |
|
Black Sea Property PLC Ordinary Shares
TA:BSP
|
$59.37K |
|
LIGHTON
PA:ALTAI
|
$59.37K |
|
Timeless Capital Corp.
V:TLC-P
|
$59.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shineco Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,561,898 to 26,000,933, a change of -6,560,965 (-20.1%).
- Net loss of 22,449,017 reduced equity.
- New share issuances of 8,926,653 increased equity.
- Other comprehensive income increased equity by 4,926,408.
- Other factors increased equity by 2,034,991.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.45 Million | -86.34% |
| Share Issuances | $8.93 Million | +34.33% |
| Other Comprehensive Income | $4.93 Million | +18.95% |
| Other Changes | $2.03 Million | +7.83% |
| Total Change | $- | -20.15% |
Book Value vs Market Value Analysis
This analysis compares Shineco Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | $10658.33 | $0.30 | x |
| 2007-06-30 | $10658.33 | $0.30 | x |
| 2013-06-30 | $113139.67 | $0.30 | x |
| 2014-06-30 | $193341.63 | $0.30 | x |
| 2015-06-30 | $232216.39 | $0.30 | x |
| 2016-06-30 | $253687.91 | $0.30 | x |
| 2017-06-30 | $325683.92 | $0.30 | x |
| 2018-06-30 | $367291.77 | $0.30 | x |
| 2019-06-30 | $343802.27 | $0.30 | x |
| 2020-06-30 | $258001.11 | $0.30 | x |
| 2021-06-30 | $121900.68 | $0.30 | x |
| 2022-06-30 | $42772.07 | $0.30 | x |
| 2023-06-30 | $20980.60 | $0.30 | x |
| 2024-06-30 | $5866.64 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shineco Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -86.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -229.03%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 3.24x
- Recent ROE (-86.34%) is below the historical average (-8.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 30.91% | 15.76% | 0.72x | 2.72x | $335.03K |
| 2006 | 5.08% | 3.87% | 0.48x | 2.72x | $-78.80K |
| 2007 | 5.08% | 3.87% | 0.48x | 2.72x | $-78.80K |
| 2013 | 26.36% | 16.75% | 1.14x | 1.38x | $3.62 Million |
| 2014 | 20.72% | 25.01% | 0.74x | 1.12x | $4.05 Million |
| 2015 | 16.05% | 22.31% | 0.63x | 1.15x | $2.74 Million |
| 2016 | 16.42% | 23.11% | 0.62x | 1.15x | $3.18 Million |
| 2017 | 13.62% | 25.21% | 0.49x | 1.10x | $2.25 Million |
| 2018 | 10.57% | 17.29% | 0.53x | 1.16x | $405.89K |
| 2019 | 1.11% | 2.55% | 0.37x | 1.17x | $-6.36 Million |
| 2020 | -10.15% | -27.99% | 0.30x | 1.21x | $-13.16 Million |
| 2021 | -70.34% | -1040.65% | 0.05x | 1.37x | $-35.92 Million |
| 2022 | -72.97% | -1125.09% | 0.03x | 1.89x | $-27.97 Million |
| 2023 | -41.04% | -2427.61% | 0.01x | 1.95x | $-16.62 Million |
| 2024 | -86.34% | -229.03% | 0.12x | 3.24x | $-25.05 Million |
Industry Comparison
This section compares Shineco Inc's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,138,415,277
- Average return on equity (ROE) among peers: -57.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shineco Inc (SISI) | $26.06 Million | 30.91% | 2.28x | $59.49K |
| African Agriculture Holdings Inc (AAGRW) | $-3.75 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $81.31 Million | -8.12% | 0.12x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $671.99 Million | 1.57% | 0.73x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $8.53 Billion | 12.24% | 1.27x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $572.98 Million | 15.52% | 0.10x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $5.32 Million | -457.58% | 45.29x | $31.15 Million |
| Adecoagro SA (AGRO) | $645.13 Million | 1.55% | 1.49x | $272.09 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $163.20K | -177.61% | 22.30x | $4.61 Million |
| Alico Inc (ALCO) | $115.49 Million | 4.08% | 1.37x | $221.07 Million |
| Astral Foods Limited (ALFDF) | $764.83 Million | 34.55% | 1.40x | $170.88 Million |