Shineco Historical Income Statement
SISI Stock | USD 2.14 0.10 4.90% |
Historical analysis of Shineco income statement accounts such as Gross Profit of 838.1 K, Other Operating Expenses of 23.1 M, Cost Of Revenue of 11.1 M or Total Operating Expenses of 18.8 M can show how well Shineco performed in making a profits. Evaluating Shineco income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shineco's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Shineco latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Shineco is a good buy for the upcoming year.
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About Shineco Income Statement Analysis
Shineco Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Shineco shareholders. The income statement also shows Shineco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Shineco Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Shineco generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Shineco. It is also known as Shineco overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Shineco income statement and represents the costs associated with goods and services Shineco provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Shineco's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shineco current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.As of now, Shineco's Cost Of Revenue is decreasing as compared to previous years. The Shineco's current Total Operating Expenses is estimated to increase to about 18.8 M, while Interest Expense is projected to decrease to under 2.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.7M | 2.3M | 2.2M | Depreciation And Amortization | 101.0 | 697.5K | 5.0M | 5.2M |
Shineco income statement Correlations
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Shineco Account Relationship Matchups
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Shineco income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 453.3K | 255.3K | 101.0 | 697.5K | 5.0M | 5.2M | |
Interest Expense | 14.0K | 36.7K | 1.3M | 1.7M | 2.3M | 2.2M | |
Selling And Marketing Expenses | 385.8K | 45.4K | 43.2K | 137.4K | 312.0K | 559.6K | |
Total Revenue | 23.7M | 3.0M | 2.2M | 550.5K | 9.8M | 15.4M | |
Gross Profit | 6.1M | (4.2M) | (1.6M) | 126.2K | 882.2K | 838.1K | |
Other Operating Expenses | 27.2M | 24.4M | 24.1M | 9.3M | 26.9M | 23.1M | |
Operating Income | (3.5M) | (21.4M) | (23.0M) | (8.8M) | (17.1M) | (16.2M) | |
Ebit | (2.6M) | (21.4M) | (6.2M) | (8.8M) | (31.5M) | (30.0M) | |
Ebitda | (2.2M) | (21.2M) | (6.2M) | (8.1M) | (26.6M) | (25.2M) | |
Cost Of Revenue | 17.6M | 7.3M | 3.8M | 424.3K | 8.9M | 11.1M | |
Total Operating Expenses | 9.6M | 17.2M | 20.3M | 8.9M | 17.9M | 18.8M | |
Income Before Tax | (5.4M) | (21.4M) | (24.9M) | (10.9M) | (34.0M) | (32.3M) | |
Total Other Income Expense Net | (1.9M) | (26.5K) | (1.4M) | (2.1M) | (16.9M) | (16.1M) | |
Net Income | (6.5M) | (20.8M) | (7.6M) | (10.1M) | (22.4M) | (21.3M) | |
Income Tax Expense | 1.1M | 10.0M | (292.3K) | (194.6K) | (758.9K) | (721.0K) | |
Selling General Administrative | 9.2M | 17.1M | 20.2M | 8.6M | 17.5M | 18.4M | |
Tax Provision | 1.1M | 1.0M | (292.3K) | (194.6K) | (758.9K) | (721.0K) | |
Net Interest Income | (14.0K) | 29.2K | (1.7M) | (1.7M) | (2.3M) | (2.2M) | |
Net Income From Continuing Ops | (6.5M) | (21.4M) | (24.6M) | (10.7M) | (33.2M) | (31.5M) | |
Reconciled Depreciation | 1.2M | 878.4K | 1.6M | 697.5K | 5.0M | 5.2M | |
Net Income Applicable To Common Shares | (6.6M) | (31.4M) | (27.0M) | (13.4M) | (12.0M) | (12.6M) | |
Minority Interest | (118.1K) | 611.0K | 34.0K | 592.6K | 1.9M | 2.0M |
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When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shineco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shineco. If investors know Shineco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (171.02) | Revenue Per Share 44.227 | Quarterly Revenue Growth 13.101 | Return On Assets (0.14) | Return On Equity (0.90) |
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shineco's market value can be influenced by many factors that don't directly affect Shineco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.