Private company

SHINECO, INC.

SHINECO, INC. is an agricultural production-crops company.1 It is headquartered in Beijing, China.1

Last updated Oct 20, 2026.

Overview

$9.8MRevenue, fiscal 20242
-$22.4MNet income, fiscal 20242
  • IndustryAgricultural Production-Crops1
  • HeadquartersBeijing, China1
  • Business addressRoom 1707, Building D, Modern City Soho, Chaoyang District, Beijing,, F4 1000223
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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Dream Partner (the “Sellers”), pursuant to which Shineco Life shall acquire 71.42% equity interest in Wintus (the “Acquisition”).5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

9.0%Gross margin2
-174.1%Operating margin2
-229.0%Net margin2
1680.6%Revenue growth, 20242
-86.3%Return on equity2
0.04×Debt to equity2
-$4.2MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue91¢$8.9M
  • Research and development1¢$113.4K
  • Income tax8¢$758.9K

Out of $9.8M in revenue.2 The company lost money this year.

Financial statements

Revenue6789102$9.8M in 2024−71% since 2017
0$20.0M$40.0M$60.0M2017: $33.6M$33.6M20172018: $43.9M$43.9M2018+31%2019: $31.2M$31.2M2019−29%2020: $10.4M$10.4M2020−67%2021: $3.0M$3.0M2021−71%2022: $2.2M$2.2M2022−28%2023: $550.5K$550.5K2023−75%2024: $9.8M$9.8M2024+1681%
Gross profit6789102$882.2K in 2024−92% since 2017
-$5.0M0$5.0M$10.0M$15.0M2017: $10.7M$10.7M20172018: $14.8M$14.8M2018+38%2019: $9.0M$9.0M2019−39%2020: $2.9M$2.9M2020−68%2021: -$4.2M-$4.2M20212022: -$1.6M-$1.6M2022−62%2023: $126.2K$126.2K20232024: $882.2K$882.2K2024+599%
Operating income678910112-$17.1M in 2024
-$30.0M-$20.0M-$10.0M0$10.0M2017: $7.4M$7.4M20172018: $9.3M$9.3M2018+25%2019: $115.4K$115.4K2019−99%2020: -$5.1M-$5.1M20202021: -$21.4M-$21.4M2021+321%2022: -$6.2M-$6.2M2022−71%2023: -$8.8M-$8.8M2023+41%2024: -$17.1M-$17.1M2024+95%
Net income678910112-$22.4M in 2024
-$40.0M-$30.0M-$20.0M-$10.0M0$10.0M2017: $8.5M$8.5M20172018: $7.6M$7.6M2018−10%2019: $796.2K$796.2K2019−90%2020: -$6.6M-$6.6M20202021: -$31.4M-$31.4M2021+374%2022: -$27.0M-$27.0M2022−14%2023: -$13.4M-$13.4M2023−51%2024: -$22.4M-$22.4M2024+68%
Fiscal year20172018201920202021202220232024
Revenue$33.6M6$43.9M7$31.2M8$10.4M9$3.0M10$2.2M10$550.5K2$9.8M2
Cost of revenue$22.9M6$29.1M7$22.2M8$7.5M9$7.3M10$3.8M10$424.3K2$8.9M2
Gross profit$10.7M6$14.8M7$9.0M8$2.9M9-$4.2M10-$1.6M10$126.2K2$882.2K2
Research and development$135.8K2$113.4K2
Operating expenses$6.2M11$8.9M2$17.9M2
Operating income$7.4M6$9.3M7$115.4K8-$5.1M9-$21.4M10-$6.2M11-$8.8M2-$17.1M2
Income before tax-$7.6M11-$10.9M2-$34.0M2
Income tax$1.3M6$744.8K14$787.6K8$244.5K9-$292.3K10-$194.6K2-$758.9K2
Net income$8.5M6$7.6M7$796.2K8-$6.6M9-$31.4M10-$27.0M11-$13.4M2-$22.4M2
Earnings per share-$7.1410-$2.8611-$7.172-$4.232
Earnings per share (diluted)-$2.8611-$7.172-$4.232
Shares (weighted, basic)9.5M shares111.9M shares25.3M shares2
Shares (weighted, diluted)9.5M shares111.9M shares25.3M shares2

Compare SHINECO, INC. with another company

Corporate structure

SHINECO, INC. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SHINECO, INC.

  • Shanchun Huang Filed SCHEDULE 13D/A on SHINECO, INC., latest Apr 24, 2025 (3 filings since Aug 26, 2022)
  • Streeterville Capital LLC Filed SC 13G/A on SHINECO, INC., latest Oct 25, 2024 (2 filings since Aug 29, 2023)
  • SHINECO, INC. Beijing, China
    • Life Science Group Co., Ltd. Subsidiary · Hong Kong

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SHINECO, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Leasehold improvements$2.9M2 Jun 30, 2023$3.1M11 Jun 30, 2022−7.7%
Property and equipment, before depreciation$9.9M2 Jun 30, 2024$5.4M2 Jun 30, 2023+82.7%
Accumulated depreciation$3.4M11 Jun 30, 2023$3.4M11 Jun 30, 2022+1.4%
Property and equipment, net$6.3M2 Jun 30, 2024$1.2M2 Jun 30, 2023+417.7%
Operating-lease assets (leased space)$146.0K2 Jun 30, 2024$132.4K2 Jun 30, 2023+10.3%

Real estate and locations

ItemLatestA year beforeChange
Area of land150,000 acres2 Jun 30, 2024

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$366.1K2 Jun 30, 2024$626.0K2 Jun 30, 2023−41.5%
Marketable securities, current$40.0K2 Jun 30, 2024$37.0K2 Jun 30, 2023+8.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$13.2M2 Jun 30, 2024$6.6M2 Jun 30, 2023+100.6%
Finite-lived intangibles, gross$12.7M11 Jun 30, 2023$1.7M9 Jun 30, 2021+636.4%
Accumulated amortization$634.2K11 Jun 30, 2023$448.1K9 Jun 30, 2021+41.5%
Finite-lived intangibles, net$43.0M2 Jun 30, 2024$12.0M2 Jun 30, 2023+257.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.6M2 Jun 30, 2024$324.4K2 Jun 30, 2023+389.7%
Raw materials$290.2K2 Jun 30, 2024$315.1K2 Jun 30, 2023−7.9%
Work in process$338.9K2 Jun 30, 2024$16.7M2 Jun 30, 2023−98.0%
Finished goods$989.9K2 Jun 30, 2024$1.2M2 Jun 30, 2023−16.1%

Leadership

Who has led SHINECO, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Yuying Zhang2016
  2. Ou Yang2021
  3. Jennifer Zhan2021–2022

Chair

  1. Yuying Zhang2016

President

  1. Xiaohui Wang2023–now

Chief financial officer

  1. Sai Sam Wang2016

Chief operating officer

  1. Xiqiao Liu2022
20202025
Board members and other officers (12)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Life Science Group Co., Ltd. Hong Kong4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • SupCor, Inc.Mar 31, 2005 to Aug 8, 20053

Timeline

  1. Oct 8, 20258-K Listing notice or transfer; Other events32
  2. Jul 31, 20258-K Listing notice or transfer; Other events33
  3. Jul 9, 20258-K Unregistered sale of shares; Other events34
  4. Jun 30, 20258-K Financial statements and exhibits35
  5. Jun 23, 20258-K Listing notice or transfer36
  6. Jun 23, 20258-K Completed an acquisition or sale; Unregistered sale of shares; Other events37
  7. Jun 11, 20258-K Other events38
  8. Jun 2, 20258-K Entered a material agreement; Unregistered sale of shares39
  9. May 15, 20258-K Financial statements and exhibits40
  10. May 13, 20258-K Completed an acquisition or sale; Unregistered sale of shares; Other events41
  11. Apr 23, 20258-K Entered a material agreement42
  12. Mar 20, 20258-K Entered a material agreement43
  13. Aug 4, 2021New chief executive Jennifer Zhan becomes CEO17
  14. May 13, 2021New chief executive Ou Yang becomes CEO16
  15. May 13, 2016New chief executive Yuying Zhang becomes CEO18

Filings

141 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 64 major events, 8 insider forms, 5 large holders, 48 other. The latest 20:

  1. Nov 20, 202525-NSE EDGAR
  2. Oct 8, 20258-K EDGAR
  3. Sep 29, 2025NT 10-K EDGAR
  4. Jul 31, 20258-K EDGAR
  5. Jul 15, 2025DEF 14C EDGAR
  6. Jul 9, 20258-K EDGAR
  7. Jul 3, 2025PRE 14C EDGAR
  8. Jun 30, 20258-K/A EDGAR
  9. Jun 23, 20258-K EDGAR
  10. Jun 23, 20258-K EDGAR
  11. Jun 11, 20258-K EDGAR
  12. Jun 2, 20258-K EDGAR
  13. May 15, 202510-Q EDGAR
  14. May 15, 20258-K/A EDGAR
  15. May 13, 20258-K EDGAR
  16. Apr 24, 20253 EDGAR
  17. Apr 24, 2025SCHEDULE 13D/A EDGAR
  18. Apr 23, 20258-K EDGAR
  19. Mar 20, 20258-K EDGAR
  20. Mar 19, 2025EFFECT EDGAR

The 141 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How SHINECO, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSHINECO, INC.1
  • CIK0001300734
  • Employer ID (EIN)52-21758981
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Fiscal year endsJune 301
  • Industry code (SIC)0100 Agricultural Production-Crops1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business addressRoom 1707, Building D, Modern City Soho, Chaoyang District, Beijing,, F4 1000221
  • Phone(86) 10-683296201
  • Shares outstanding20,745,846 as of May 15, 202514
  • On EDGAR sinceAug 24, 20041
  • Filings376 in all: 8-K (134), 10-Q (28), CORRESP (24), UPLOAD (21), 3 (20), 424B5 (14), S-1/A (12), DEF 14A (10)1
    All 47 form types

    10-K (9), 8-K/A (8), NT 10-Q (8), 10QSB (7), NT 10-K (7), EFFECT (6), DEF 14C (5), PRE 14A (5), PRE 14C (5), POS AM (4), S-3 (4), S-3/A (4), 10KSB (3), DEFA14A (3), S-8 (3), 10-K/A (2), 10KSB/A (2), 10SB12G/A (2), 4 (2), RW (2), S-1 (2), SB-2/A (2), SC 13D (2), 10-Q/A (1), 10QSB/A (1), 10SB12G (1), 15-12G (1), 25-NSE (1), 424B1 (1), 8-A12B (1), CERTNAS (1), DEFR14C (1), DRS (1), DRS/A (1), DRSLTR (1), SB-2 (1), SC 13G (1), SC 13G/A (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Sep 30, 2024
    Quarterly report (10-Q) May 15, 2025
    Proxy statement (DEF 14A) Oct 4, 2024
    Latest 8-K (8-K) Oct 8, 2025

Sources

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