2016 Q3 Form 10-K Financial Statement

#000114420416125814 Filed on September 28, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2016
Revenue $6.367M $8.130M $35.21M
YoY Change -12.62% 0.99% 7.9%
Cost Of Revenue $4.436M $5.950M $24.12M
YoY Change -8.66% -1.49% 8.64%
Gross Profit $1.915M $2.180M $11.08M
YoY Change -20.62% 8.46% 7.12%
Gross Profit Margin 30.08% 26.81% 31.48%
Selling, General & Admin $854.1K $840.0K $3.743M
YoY Change -14.85% -35.88% -2.65%
% of Gross Profit 44.6% 38.53% 33.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $157.0K $270.0K $871.1K
YoY Change -42.18% 28.57% 7.39%
% of Gross Profit 8.2% 12.39% 7.86%
Operating Expenses $854.1K $840.0K $3.743M
YoY Change -14.85% -35.88% -2.65%
Operating Profit $1.061M $1.340M $7.341M
YoY Change -24.73% 91.43% 12.9%
Interest Expense $430.0K $330.0K $1.932M
YoY Change 13.16% -2.94% 5.57%
% of Operating Profit 40.53% 24.63% 26.32%
Other Income/Expense, Net $519.8K $60.00K $2.129M
YoY Change 46.15% -73.91% 3.23%
Pretax Income $1.581M $1.730M $9.471M
YoY Change -10.45% 37.3% 10.57%
Income Tax $201.6K $290.0K $1.178M
% Of Pretax Income 12.76% 16.76% 12.44%
Net Earnings $1.349M $1.400M $8.137M
YoY Change -5.16% 44.33% 11.77%
Net Earnings / Revenue 21.18% 17.22% 23.11%
Basic Earnings Per Share
Diluted Earnings Per Share $0.63 $0.65 $3.790M
COMMON SHARES
Basic Shares Outstanding 21.03M shares 19.32M shares 19.32M shares
Diluted Shares Outstanding 19.32M shares

Balance Sheet

Concept 2016 Q3 2016 Q2 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.78M $22.11M $22.11M
YoY Change 260.1% 260.09%
Cash & Equivalents $28.67M $22.01M
Short-Term Investments $110.0K $100.0K $100.3K
Other Short-Term Assets $930.0K $90.00K $86.14K
YoY Change -95.73% -95.92%
Inventory $4.040M $4.608M $4.608M
Prepaid Expenses $33.12K
Receivables $5.820M $6.373M $6.373M
Other Receivables $3.800M $463.4K $1.874M
Total Short-Term Assets $43.37M $35.53M $35.05M
YoY Change 25.74% 24.03%
LONG-TERM ASSETS
Property, Plant & Equipment $10.87M $11.04M $11.04M
YoY Change 90.07% 89.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.909M $4.767M $4.767M
YoY Change -2.12% -58.26%
Other Assets $4.170M $4.790M $4.787M
YoY Change -4.96% -5.03%
Total Long-Term Assets $21.35M $21.52M $22.00M
YoY Change -9.87% -7.84%
TOTAL ASSETS
Total Short-Term Assets $43.37M $35.53M $35.05M
Total Long-Term Assets $21.35M $21.52M $22.00M
Total Assets $64.72M $57.05M $57.05M
YoY Change 9.43% 9.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $304.6K $259.8K $259.8K
YoY Change 51.36% 52.82%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.730M $2.746M $2.746M
YoY Change -18.88% -19.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.630M $6.540M $6.538M
YoY Change 10.47% 10.44%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $7.630M $6.540M $6.538M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $6.787M $6.538M $7.493M
YoY Change 10.39% 10.69%
SHAREHOLDERS EQUITY
Retained Earnings $32.11M $30.84M
YoY Change 33.97%
Common Stock $21.03K $19.32K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.95M $49.56M $49.56M
YoY Change
Total Liabilities & Shareholders Equity $64.72M $57.05M $57.05M
YoY Change 9.43% 9.44%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2016
OPERATING ACTIVITIES
Net Income $1.349M $1.400M $8.137M
YoY Change -5.16% 44.33% 11.77%
Depreciation, Depletion And Amortization $157.0K $270.0K $871.1K
YoY Change -42.18% 28.57% 7.39%
Cash From Operating Activities $415.5K $3.200M $13.29M
YoY Change -92.67% -861.9% 401.52%
INVESTING ACTIVITIES
Capital Expenditures $22.13K $498.8K
YoY Change 650.2% 390.82%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.220M $3.953M
YoY Change -100.0% -198.39% -421.36%
Cash From Investing Activities -$284.00 $1.220M $3.953M
YoY Change -100.18% -198.39% -421.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $6.331M 260.0K -255.9K
YoY Change 6933.95% -45.83% -116.73%
NET CHANGE
Cash From Operating Activities $415.5K 3.200M 13.29M
Cash From Investing Activities -$284.00 1.220M 3.953M
Cash From Financing Activities $6.331M 260.0K -255.9K
Net Change In Cash $6.746M 4.680M 16.99M
YoY Change 13.95% -496.61% 475.83%
FREE CASH FLOW
Cash From Operating Activities $415.5K $3.200M $13.29M
Capital Expenditures $22.13K $498.8K
Free Cash Flow $393.4K $12.79M
YoY Change -93.06% 401.95%

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SHINECO, INC.
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CY2016 us-gaap Lease Expiration Date1
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CY2015 us-gaap Operating Leases Income Statement Sublease Revenue
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