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Shineco, Inc is currently in a long term uptrend where the price is trading 19.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 1.0.
Shineco, Inc's total revenue sank by 61.1% to $3M since the same quarter in the previous year.
Its net income has dropped by 12087.5% to $-13M since the same quarter in the previous year.
Finally, its free cash flow fell by 100.3% to $-13K since the same quarter in the previous year.
Based on the above factors, Shineco, Inc gets an overall score of 2/5.
| CurrencyCode | USD |
|---|---|
| Sector | Healthcare |
| ISIN | US8245673095 |
| Industry | Drug Manufacturers-Specialty & Generic |
| Exchange | NASDAQ |
| Dividend Yield | 0.0% |
|---|---|
| Beta | 1.85 |
| Target Price | None |
| PE Ratio | None |
| Market Cap | 97M |
Shineco, Inc., together with its subsidiaries, produces, distributes, and sells health and well-being focused plant-based products in China. It processes and distributes traditional Chinese herbal medicine products, as well as other pharmaceutical products directly to individual customers. The company also plants, processes, and distributes green and organic vegetables and fruits; and grows, cultivates, and sells yew trees that are used for the production of anti-cancer medication, as well as ornamental bonsai trees for purifying indoor air quality. In addition, it offers logistics services for agricultural products. Further, the company develops, manufactures, and distributes specialized fabrics, textiles, health supplements, and other byproducts derived from an indigenous Chinese plant Apocynum Venetum. The company sells its Chinese medicinal products and western medicines through wholesale customers; and its 13 Ankang retail pharmacies operating under the Sunsimiao Pharmacies name, as well as 66 pharmacies operated by third parties. It sells its decoction pieces on the Anhui Bozhou Chinese medicine transaction market to medical materials companies and Chinese patent medicine factories. The company sells its Luobuma textile products online through third party e-commerce websites, as well as through distributors under the Tenethealth brand; and yew trees and agricultural products primarily through its sales personnel, and group and institutional sales. The company was formerly known as Beijing Tenet Jove Technological Development Co., Ltd. and changed its name to Shineco, Inc. in June 2005. Shineco, Inc. was incorporated in 1997 and is based in Beijing, China.
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