Shineco, Inc., a holding company, through 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 agricultural produce; 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 domestic and international logistics services for agricultural products. Further, the company develops 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 under its proprietary brand name and Tenethealth trademark name; and its 13 Ankang retail pharmacies operating under the Sunsimiao Pharmacies name, as well as 66 pharmacies operated by third parties under the Ankang Longevity Group Pharmacy cooperatives name. Shineco, Inc. 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 through distribution networks online through third party e-commerce Websites, such as Taobao, Tmall, and JD; 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 founded in 1997 and is based in Beijing, China.
Industry, Sector and Symbol
Industry Agricultural production - crops
Sub-IndustryN/A
SectorMedical
Phone86-10-8722-7366
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$31.22 million
Profitability
Miscellaneous
Employees425
Next Earnings DateN/A
OptionableNot Optionable
Shineco (NASDAQ:TYHT) Frequently Asked Questions
What is Shineco's stock symbol?
Shineco trades on the NASDAQ under the ticker symbol "TYHT."
Has Shineco been receiving favorable news coverage?
Press coverage about TYHT stock has been trending negative on Wednesday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shineco earned a news sentiment score of -2.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Shineco.
Are investors shorting Shineco?
Shineco saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 69,300 shares, a decrease of 9.1% from the January 15th total of 76,200 shares. Based on an average daily volume of 274,300 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the company are short sold. View Shineco's Current Options Chain.
Who are some of Shineco's key competitors?
Some companies that are related to Shineco include Corteva (CTVA), Fresh Del Monte Produce (FDP), Adecoagro (AGRO), Limoneira (LMNR), BRASILAGRO COMP/S (LND), Village Farms International (VFF), Alico (ALCO), S&W Seed (SANW), Royal Hawaiian Orchards (NNUTU), Origin Agritech (SEED), Yew Bio-Pharm Group (YEWB) and Two Rivers Water and Farming (TURV).
What other stocks do shareholders of Shineco own?
Who are Shineco's key executives?
Shineco's management team includes the folowing people:
- Mr. Yuying Zhang, Chairman & CEO (Age 67)
- Mr. Sai Wang, CFO & Director (Age 34)
Who are Shineco's major shareholders?
Shineco's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.84%) and Acadian Asset Management LLC (0.23%).
Which major investors are buying Shineco stock?
TYHT stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC and Renaissance Technologies LLC.
How do I buy shares of Shineco?
Shares of TYHT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Shineco's stock price today?
One share of TYHT stock can currently be purchased for approximately $0.55.
How big of a company is Shineco?
What is Shineco's official website?
How can I contact Shineco?
Shineco's mailing address is Room 3106 Building B #39 East 3rd Ring Middle Road Chaoyang District, BEIJING F4, 100176. The company can be reached via phone at 86-10-8722-7366 or via email at [email protected]
MarketBeat Community Rating for Shineco (NASDAQ TYHT)
| Community Ranking: | | 2.3 out of 5 ( ) |
| Outperform Votes: | | 98 (Thanks for Voting!) |
| Underperform Votes: | | 115 (Thanks for Voting!) |
| Total Votes: | | 213 |
