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Shineco, Inc. (SISI) SEC Filing 10-K Annual Report for the fiscal year ending Friday, June 30, 2023

Shineco, Inc.

CIK: 1300734 Ticker: SISI
Cover - USD ($)
12 Months Ended
Jun. 30, 2023
Sep. 28, 2023
Dec. 30, 2022
Cover [Abstract]   
Document Type10-K  
Amendment Flagfalse  
Document Annual Reporttrue  
Document Transition Reportfalse  
Document Period End DateJun. 30, 2023  
Document Fiscal Period FocusFY  
Document Fiscal Year Focus2023  
Current Fiscal Year End Date--06-30  
Entity File Number001-37776  
Entity Registrant NameSHINECO, INC.  
Entity Central Index Key0001300734  
Entity Tax Identification Number52-2175898  
Entity Incorporation, State or Country CodeDE  
Entity Address, Address Line OneRM 3D-1603 New World Center Apartment  
Entity Address, Address Line TwoChong Wen Men Wai Blvd  
Entity Address, City or TownBeijing  
Entity Address, CountryCN  
Entity Address, Postal Zip Code100022  
City Area Code(+86)  
Local Phone Number10-68130220  
Title of 12(b) SecurityCommon stock, $0.001 par value  
Trading SymbolSISI  
Security Exchange NameNASDAQ  
Entity Well-known Seasoned IssuerNo  
Entity Voluntary FilersNo  
Entity Current Reporting StatusYes  
Entity Interactive Data CurrentYes  
Entity Filer CategoryNon-accelerated Filer  
Entity Small Businesstrue  
Entity Emerging Growth Companyfalse  
Entity Shell Companyfalse  
Entity Public Float  $ 46,782,541
Entity Common Stock, Shares Outstanding 43,840,642 
Document Financial Statement Error Correction [Flag]false  
Auditor Firm ID6783  
Auditor NameAssentSure PAC  
Auditor LocationSingapore  

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Shineco, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:

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Inside Shineco, Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Cover
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Equity
Consolidated Statements Of Loss And Comprehensive Loss
Accounts Receivable, Net
Accounts Receivable, Net (Tables)
Acquisition
Acquisition (Details Narrative)
Acquisition (Tables)
Advances To Suppliers, Net
Advances To Suppliers, Net (Tables)
Commitments And Contingencies
Commitments And Contingencies (Details Narrative)
Concentrations And Risks
Concentrations And Risks (Details Narrative)
Convertible Notes Payable
Convertible Notes Payable (Details Narrative)
Discontinued Operations
Discontinued Operations (Details Narrative)
Discontinued Operations (Tables)
Distribution Rights
Going Concern Uncertainties
Going Concern Uncertainties (Details Narrative)
Inventories, Net
Inventories, Net (Details Narrative)
Inventories, Net (Tables)
Investments
Investments (Details Narrative)
Investments (Tables)
Leases
Leases (Details Narrative)
Leases (Tables)
Organization And Nature Of Operations
Organization And Nature Of Operations (Details Narrative)
Other Current Assets, Net
Other Current Assets, Net (Tables)
Property And Equipment, Net
Property And Equipment, Net (Details Narrative)
Property And Equipment, Net (Tables)
Related Party Transactions
Related Party Transactions (Details Narrative)
Related Party Transactions (Tables)
Schedule Of Accounts Receivable (Details)
Schedule Of Advances To Suppliers (Details)
Schedule Of Allowance For Doubtful Accounts (Details)
Schedule Of Consolidated Assets And Liabilities And Income Information (Details)
Schedule Of Disposal Group Including Discontinued Operations (Details)
Schedule Of Due From Related Parties (Details)
Schedule Of Due From Related Parties (Details) (Parenthetical)
Schedule Of Due To Related Parties (Details)
Schedule Of Due To Related Parties (Details) (Parenthetical)
Schedule Of Estimated Useful Lives Of Property And Equipment (Details)
Schedule Of Financial Information Of Unconsolidated Entities From Continued Operations (Details)
Schedule Of Financial Reporting Basis And Tax Basis Of Assets And Liabilities (Details)
Schedule Of Income Tax Benefit (Details)
Schedule Of Information By Segment (Details)
Schedule Of Intangible Assets (Details)
Schedule Of Inventories, Net (Details)
Schedule Of Investment In Unconsolidated Entities (Details)
Schedule Of Leasehold Improvements (Details)
Schedule Of Maturities Of Lease Liabilities (Details)
Schedule Of Movement Of Allowance For Doubtful Accounts (Details)
Schedule Of Movement Of Allowance For Doubtful Accounts On Advances To Suppliers (Details)
Schedule Of Movement Of Valuation Allowance (Details)
Schedule Of Operating Lease Related Assets And Liabilities (Details)
Schedule Of Other Current Assets (Details)
Schedule Of Other Current Assets (Details) (Parenthetical)
Schedule Of Property And Equipment (Details)
Schedule Of Reconciliation Of Basic And Diluted (Loss) Per Share (Details)
Schedule Of Short Term Bank Loans (Details)
Schedule Of Taxes Payable (Details)
Schedule Of Weighted Average Remaining Lease Terms And Discount Rates For Operating Leases (Details)
Segment Reporting
Segment Reporting (Tables)
Short-Term Bank Loans
Short-Term Bank Loans (Details Narrative)
Short-Term Bank Loans (Tables)
Stockholders??? Equity
Stockholders??? Equity (Details Narrative)
Subsequent Events
Subsequent Events (Details Narrative)
Summarizes The Allocation Of Estimated Fair Values (Details)
Summarizes The Allocation Of Estimated Fair Values (Details) (Parenthetical)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Details Narrative)
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Taxes
Taxes (Details Narrative)
Taxes (Tables)
Ticker: SISI
CIK: 1300734
Form Type: 10-K Annual Report
Accession Number: 0001493152-23-034631
Submitted to the SEC: Thu Sep 28 2023 4:16:10 PM EST
Accepted by the SEC: Thu Sep 28 2023
Period: Friday, June 30, 2023
Industry: Agricultural Production Crops

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