Agricultural Production-CropsIFRS · EUR

Shineco, Inc.

Shineco, Inc. is a Delaware holding company whose operating businesses have been conducted primarily through subsidiaries in the People’s Republic of China. Its reported activities include rapid diagnostic and other medical products, healthy meal products, agricultural products such as Luobuma products, and logistics and processing services.

Liikevaihto9,8milj. EUR
+1 680,6 %v/v
Liikevoitto (EBIT)−17,1milj. EUR
−94,9 %v/v
EBIT-marginaali−174,1%
+1 416,8 %-yks.v/v
Nettotulos−22,4milj. EUR
−68,0 %v/v
Vapaa kassavirta−4,2milj. EUR
+22,4 %v/v

Tilikausi 2024 · muutos edellisvuodesta

Kehitys 2019–2024

−40−2002040milj. EUR2019: 31 milj. EUR2019: EBIT 0,12 milj. EUR20192020: 24 milj. EUR2020: EBIT −5,1 milj. EUR20202021: 3,0 milj. EUR2021: EBIT −21 milj. EUR20212022: 2,2 milj. EUR2022: EBIT −6,2 milj. EUR20222023: 0,55 milj. EUR2023: EBIT −8,8 milj. EUR20232024: 9,8 milj. EUR2024: EBIT −17 milj. EUR20249,8−17
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Rapid diagnostic and medical products80 %

Diagnostic products and related medical devices sold through the Biowin business.

Healthy meal products5 %

Prepared healthy meals for people with slow metabolic health and recovery needs.

Agricultural products10 %

Luobuma products and other agricultural goods sold through the company’s product channels.

Logistics and processing services5 %

Domestic freight forwarding and other processing services provided to external customers.

Asiakkaat

The company sells to customers that buy diagnostic and medical products for common disease testing and related use cases, as well as buyers of agricultural and food products in its operating markets. It also serves service customers that need freight forwarding or processing support, where the company acts either as principal or agent depending on the transaction.

Diagnostic and medical product customers

Buy rapid diagnostic and related medical devices for common disease testing and related healthcare use.

Agricultural product buyers

Purchase Luobuma and other agricultural products through the company’s product channels.

Healthy meal customers

Buy healthy meal products aimed at people with slow metabolic health or recovery needs.

Logistics and processing service customers

Use freight forwarding and processing services for shipment handling and related operations.

Strategia

The company’s stated priorities are to develop new products, expand its distribution network, and pursue growth through possible mergers and acquisitions of similar or synergistic businesses. It also emphasizes supplier relationships and cost control to support product availability and scale across its operating channels.

Product developmentKeskipitkä aikaväli

Broader product offerings can support demand capture across healthcare, food, and agriculture channels.

Distribution expansionKeskipitkä aikaväli

A wider distribution network improves market reach and customer access.

Selective acquisitionsKeskipitkä aikaväli

M&A could add complementary products, customers, or operating scale.

Supplier and cost controlLyhyt aikaväli

Stable supply and competitive input pricing are important for product availability and margins.

Maantiede

Shineco’s operating activities are conducted primarily in the PRC, while the parent company is incorporated in Delaware and its common stock is listed in the United States. The business is therefore exposed to Chinese operating, regulatory, and currency conditions, even though the capital markets presence is U.S.-based.

Riskit

Shineco faces going-concern, liquidity, and Nasdaq listing risks tied to recurring losses, negative working capital, and reliance on external financing. Its operations are concentrated in the PRC, which creates exposure to Chinese regulatory, political, legal, and currency risks, while its revenue mix also depends on customer demand for product categories that can be volatile.

Järjestetty vakavuuden mukaan
Going-concern and liquidity pressureKriittinen

Recurring losses, negative working capital, and operating cash outflows can limit funding flexibility.

Kohdistuu: Corporate liquidity and operating continuity

PRC regulatory and political exposureKorkea

Operations are primarily in China, where policy, legal, and currency changes can affect results.

Kohdistuu: Operating subsidiaries in the PRC

Nasdaq listing complianceKorkea

Failure to meet continued listing requirements could lead to delisting and reduced market access.

Kohdistuu: U.S.-listed holding company

Demand concentration and product mix volatilityKeskitaso

Revenue depends on orders for specific product lines, which can fluctuate materially quarter to quarter.

Kohdistuu: Rapid diagnostic and healthy meal products

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition under ASC 606

Timing depends on delivery, performance obligations, and whether the company acts as principal or agent.

Vaikutus: Affects reported revenue timing and gross versus net presentation

Credit loss allowance

Receivables and third-party loans require expected-loss estimates based on customer and borrower quality.

Vaikutus: Affects bad-debt expense and asset carrying values

Inventory reserve

Inventory is carried at lower of cost or net realizable value and may require reserves for unsaleable stock.

Vaikutus: Affects cost of revenue and gross margin

Long-lived asset recoverability

Management must assess whether property, equipment, and intangibles remain recoverable.

Vaikutus: Can trigger impairment charges

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 29.4.2026