2024 Q2 Form 10-Q Financial Statement

#000149315224019989 Filed on May 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $4.498M $1.351M
YoY Change -468.66%
Cost Of Revenue $4.218M $1.160M $782.9K
YoY Change -530.46% 48.13% 10.41%
Gross Profit $279.2K $191.7K -$89.87K
YoY Change -216.35% -313.28% -1.27%
Gross Profit Margin 6.21% 14.18%
Selling, General & Admin $6.245M $3.386M $2.431M
YoY Change 218.61% 39.26% 8.81%
% of Gross Profit 2236.43% 1766.53%
Research & Development $35.62K $31.90K $58.38K
YoY Change -53.74% -45.37%
% of Gross Profit 12.76% 16.64%
Depreciation & Amortization $1.300M $1.324M $338.8K
YoY Change 766.73% 290.88% 200.46%
% of Gross Profit 465.6% 690.94%
Operating Expenses $6.280M $3.418M $2.490M
YoY Change 207.86% 37.27% 11.43%
Operating Profit -$6.001M -$3.226M -$2.580M
YoY Change 163.21% 25.06% 10.93%
Interest Expense -$381.8K -$417.8K -$114.0K
YoY Change 6.04% 266.41% -198.08%
% of Operating Profit
Other Income/Expense, Net -$114.8K -$644.7K -$63.48K
YoY Change -67.21% 915.64% -78.49%
Pretax Income -$20.57M -$3.871M -$2.643M
YoY Change 574.39% 46.45% -9.05%
Income Tax -$298.9K $497.9K -$33.09K
% Of Pretax Income
Net Earnings -$20.14M -$3.349M -$2.669M
YoY Change 266.83% 25.49% -7.75%
Net Earnings / Revenue -447.76% -247.8%
Basic Earnings Per Share -$0.52 -$0.13
Diluted Earnings Per Share -$3.06 -$0.52 -$0.13
COMMON SHARES
Basic Shares Outstanding 6.446M shares 6.413M shares 20.66M shares
Diluted Shares Outstanding 6.426M shares 2.052M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $366.1K $565.5K $15.40M
YoY Change -41.88% -96.33% -0.53%
Cash & Equivalents $366.1K $565.5K $15.40M
Short-Term Investments
Other Short-Term Assets $7.294M $2.560M $2.456M
YoY Change 158.02% 4.27% -86.75%
Inventory $1.589M $1.446M $18.99M
Prepaid Expenses $1.658K $2.101K $21.24K
Receivables $1.215M $4.676M $3.057M
Other Receivables $5.212M $2.962M $5.929M
Total Short-Term Assets $20.90M $22.45M $45.85M
YoY Change -48.92% -51.04% -29.02%
LONG-TERM ASSETS
Property, Plant & Equipment $6.280M $6.224M $1.312M
YoY Change 417.66% 374.47% -80.3%
Goodwill $13.19M $28.02M $6.575M
YoY Change 100.62% 326.1%
Intangibles
YoY Change
Long-Term Investments $25.96K $596.5K
YoY Change -95.65% -2.2%
Other Assets $615.6K $613.1K $6.190K
YoY Change -76.14% 9805.17% -44.88%
Total Long-Term Assets $63.28M $79.24M $21.88M
YoY Change 180.66% 262.19% 200.52%
TOTAL ASSETS
Total Short-Term Assets $20.90M $22.45M $45.85M
Total Long-Term Assets $63.28M $79.24M $21.88M
Total Assets $84.18M $101.7M $67.73M
YoY Change 32.63% 50.14% -5.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $812.9K $2.744M $327.8K
YoY Change 325.28% 737.23% 20007.98%
Accrued Expenses $272.8K $123.2K $369.9K
YoY Change 203.1% -66.69% -61.71%
Deferred Revenue $246.9K $6.312M
YoY Change 175.84%
Short-Term Debt $14.50M $13.40M $1.310M
YoY Change 1068.95% 922.57% -90.7%
Long-Term Debt Due $633.0K $636.9K
YoY Change -32.02%
Total Short-Term Liabilities $27.56M $43.37M $22.55M
YoY Change 18.06% 92.33% -23.15%
LONG-TERM LIABILITIES
Long-Term Debt $1.080M $1.087M $0.00
YoY Change -0.25%
Other Long-Term Liabilities $186.2K $384.8K $1.052M
YoY Change -89.94% -63.43% -44.96%
Total Long-Term Liabilities $1.080M $1.087M $1.052M
YoY Change -0.25% 3.29% -44.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.56M $43.37M $22.55M
Total Long-Term Liabilities $1.080M $1.087M $1.052M
Total Liabilities $47.60M $54.98M $25.16M
YoY Change 78.85% 118.53% -19.19%
SHAREHOLDERS EQUITY
Retained Earnings -$54.30M -$34.05M -$26.25M
YoY Change 71.1% 29.7%
Common Stock $7.973K $6.446K $20.67K
YoY Change -69.79% -68.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $26.00M $35.99M $37.37M
YoY Change
Total Liabilities & Shareholders Equity $84.18M $101.7M $67.73M
YoY Change 32.63% 50.14% -5.77%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$20.14M -$3.349M -$2.669M
YoY Change 266.83% 25.49% -7.75%
Depreciation, Depletion And Amortization $1.300M $1.324M $338.8K
YoY Change 766.73% 290.88% 200.46%
Cash From Operating Activities -$868.3K -$351.1K -$1.066M
YoY Change -65.82% -67.07% -6.85%
INVESTING ACTIVITIES
Capital Expenditures $214.8K $16.19K $18.49K
YoY Change -12.44% -1349.32%
Acquisitions
YoY Change
Other Investing Activities -$6.825M -$7.130K -$1.374M
YoY Change -99.48% 1902.51%
Cash From Investing Activities -$7.040M -$23.32K -$1.392M
YoY Change -35299.6% -98.32% 1886.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.819M -233.5K 1.341M
YoY Change 279.54% -117.41% -23260.97%
NET CHANGE
Cash From Operating Activities -868.3K -351.1K -1.066M
Cash From Investing Activities -7.040M -23.32K -1.392M
Cash From Financing Activities 7.819M -233.5K 1.341M
Net Change In Cash -89.62K -608.0K -1.117M
YoY Change -80.52% -45.59% -8.47%
FREE CASH FLOW
Cash From Operating Activities -$868.3K -$351.1K -$1.066M
Capital Expenditures $214.8K $16.19K $18.49K
Free Cash Flow -$1.083M -$367.3K -$1.085M
YoY Change -66.14% -5.12%

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159556 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
42568191 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
50819630 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
50819630 usd
CY2024Q1 SISI Stock Issued During Period Value Proceeds Received From Investors For Subscription Of Common Stock
StockIssuedDuringPeriodValueProceedsReceivedFromInvestorsForSubscriptionOfCommonStock
285714 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-4368728 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-32575 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-32575 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46704041 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46704041 usd
us-gaap Profit Loss
ProfitLoss
-4082707 usd
us-gaap Profit Loss
ProfitLoss
-7824816 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
8855247 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-937831 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12937954 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
6886985 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3690258 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
322113 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1630494 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1929066 usd
us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
-26362 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-465783 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-33089 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-20932 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
57630 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
83067 usd
SISI Forgiveness Of Subscription Receivables
ForgivenessOfSubscriptionReceivables
3024000 usd
SISI Common Stock Issued For Management And Employees
CommonStockIssuedForManagementAndEmployees
-540311 usd
SISI Common Stock Issued For Management And Employees
CommonStockIssuedForManagementAndEmployees
-1016444 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
30000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
612072 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
579664 usd
SISI Accrued Interest Expense For Convertible Notes
AccruedInterestExpenseForConvertibleNotes
682003 usd
SISI Accrued Interest Expense For Convertible Notes
AccruedInterestExpenseForConvertibleNotes
704596 usd
SISI Accrued Interest Income Due From Third Parties
AccruedInterestIncomeDueFromThirdParties
17949 usd
SISI Accrued Interest Income Due From Third Parties
AccruedInterestIncomeDueFromThirdParties
119978 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6810506 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-154354 usd
us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
9918064 usd
us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
-10081 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-670197 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-167153 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-128009 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
196447 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-4015534 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-23544 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6158325 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-226782 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
493726 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
143179 usd
SISI Increase Decrease In Other Longterm Payable
IncreaseDecreaseInOtherLongtermPayable
-36107 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-27014 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-111911 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
47782 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-37155 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2899454 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2475242 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-162566 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-378145 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3062020 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2853387 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49548 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18488 usd
SISI Payment Made For Loans To Third Parties
PaymentMadeForLoansToThirdParties
1544006 usd
SISI Payment Made For Loans To Third Parties
PaymentMadeForLoansToThirdParties
2000000 usd
SISI Repayment From Loans To Third Parties
RepaymentFromLoansToThirdParties
50000 usd
SISI Repayment From Loans To Third Parties
RepaymentFromLoansToThirdParties
10915129 usd
SISI Repayment From Loans To Related Parties
RepaymentFromLoansToRelatedParties
510117 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
18881 usd
SISI Redemption Of Derivative Financial Assets
RedemptionOfDerivativeFinancialAssets
-24714 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
26039 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
9000000 usd
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
-1003678 usd
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
-621979 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
-13889752 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-13939717 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
518620 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
494966 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13939717 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1013586 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
15411974 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
432657 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
15142251 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
721095 usd
us-gaap Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
325272 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2020030 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1609978 usd
SISI Proceeds Received From Investors For Subscription Of Common Stock
ProceedsReceivedFromInvestorsForSubscriptionOfCommonStock
276929 usd
SISI Proceeds Received From Investors For Subscription Of Common Stock
ProceedsReceivedFromInvestorsForSubscriptionOfCommonStock
1164815 usd
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
649541 usd
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
62393 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2890951 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2548748 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
293997 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-127743 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3184948 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2421005 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215513 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-351260 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13601276 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
229944 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14166759 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15165231 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
565483 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15395175 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
14556701 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
565483 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
838474 usd
us-gaap Interest Paid Net
InterestPaidNet
473008 usd
us-gaap Interest Paid Net
InterestPaidNet
17312 usd
us-gaap Stock Issued1
StockIssued1
1595720 usd
us-gaap Stock Issued1
StockIssued1
827637 usd
SISI Issuance Of Common Shares For Proceeds Received In Prior Year
IssuanceOfCommonSharesForProceedsReceivedInPriorYear
5000000 usd
SISI Issuance Of Common Shares For Business Acquisition
IssuanceOfCommonSharesForBusinessAcquisition
2300000 usd
SISI Issuance Of Common Shares For Business Acquisition
IssuanceOfCommonSharesForBusinessAcquisition
3097000 usd
SISI Transferal Of Equity Interest Of Tenet Jove For Business Acquisition Of Wintus
TransferalOfEquityInterestOfTenetJoveForBusinessAcquisitionOfWintus
37705951 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
32828 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
65843 usd
SISI Reduction Of Rightofuse Assets And Operating Lease Obligations Due To Early Termination Of Lease Agreement
ReductionOfRightofuseAssetsAndOperatingLeaseObligationsDueToEarlyTerminationOfLeaseAgreement
651745 usd
SISI Repayments Of Loans To Third Parties Offset By Other Payables
RepaymentsOfLoansToThirdPartiesOffsetByOtherPayables
3159217 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-12900000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-6900000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2900000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2500000 usd
CY2024Q1 SISI Working Capital
WorkingCapital
-20900000 usd
CY2023Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
72222 shares
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
650000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
500000 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
13400000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1700000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.81
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.81
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.53
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.53
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_z5ZLWRyBN325" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><b><i><span id="xdx_86F_z0vd76ZQiiUi">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements as well as the reported amounts of revenue and expenses during the reporting periods. Significant estimates required to be made by management include, but are not limited to, useful lives of property and equipment, and intangible assets, the recoverability of long-lived assets, assessment of expected credit losses for accounts receivable and other current asset, the valuation allowance of deferred taxes, and inventory reserves. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.16
CY2024Q1 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P30Y
CY2024Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
327 usd
SISI Investment Income From Derivative Financial Assets
InvestmentIncomeFromDerivativeFinancialAssets
-4240 usd
CY2024Q1 SISI Investment Income From Derivative Financial Assets
InvestmentIncomeFromDerivativeFinancialAssets
-706 usd
CY2017Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35 pure
CY2017Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.28 pure
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
744766 usd
SISI Transition Tax Payments Description
TransitionTaxPaymentsDescription
The Company elects to pay the transition tax over an eight-year period using specified percentages (eight percent per year for the first five years, 15 percent in year six, 20 percent in year seven, and 25 percent in year eight).
SISI Value Added Tax Rate Description
ValueAddedTaxRateDescription
All of the Company’s products that were sold in the PRC were subject to a Chinese value-added tax at rates ranging from 3% to 13%, depending on the type of products sold.
CY2024Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.1385 pure
CY2023Q2 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.1378 pure
SISI Average Foreign Currency Exchange Rate Translation
AverageForeignCurrencyExchangeRateTranslation
0.1389 pure
SISI Average Foreign Currency Exchange Rate Translation
AverageForeignCurrencyExchangeRateTranslation
0.1442 pure
CY2024Q1 SISI Average Foreign Currency Exchange Rate Translation
AverageForeignCurrencyExchangeRateTranslation
0.1397 pure
CY2023Q1 SISI Average Foreign Currency Exchange Rate Translation
AverageForeignCurrencyExchangeRateTranslation
0.1462 pure
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2052336 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2052336 shares
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.28
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.28
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-3.93
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-3.93
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.52
CY2024Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.52
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.46
CY2023Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.46
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
77811 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
58384 usd
CY2024Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
31895 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
58384 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-11166035 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-6947446 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3348746 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2999627 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
8856042 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-930682 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
331094 usd
us-gaap Net Income Loss
NetIncomeLoss
-2309993 usd
us-gaap Net Income Loss
NetIncomeLoss
-7878128 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-3348746 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2668533 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4899762 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4899762 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1765343 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1765343 shares
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6425618 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6425618 shares
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.47
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.46
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.52
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.52
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.30
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.30
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84F_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zCCFZVfP46Lc" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><b><i><span id="xdx_86D_zVhxOgG4ph3d">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Certain prior year balances were reclassified to conform to the current year’s presentation with consideration of reflecting the Company’s Tenet-Jove Disposal Group as discontinued operations. None of these reclassifications had an impact on reported financial position or cash flows for any of the periods presented.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p>
CY2024Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
6728531 usd
CY2023Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
10467260 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2052321 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8153850 usd
CY2024Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
4676210 usd
CY2023Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
2313410 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
2278824 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4676210 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
34586 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8153850 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7317236 usd
SISI Allowance For Doubtful Accounts Receivable Period Acquisition
AllowanceForDoubtfulAccountsReceivablePeriodAcquisition
171187 usd
CY2023 SISI Allowance For Doubtful Accounts Receivable Period Acquisition
AllowanceForDoubtfulAccountsReceivablePeriodAcquisition
451863 usd
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
807622 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
1050753 usd
SISI Disposal Of Variable Interest Entities
DisposalOfVariableInterestEntities
-7136817 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
62125 usd
SISI Accounts Receivable Foreign Currency Translation Adjustments
AccountsReceivableForeignCurrencyTranslationAdjustments
56479 usd
CY2023 SISI Accounts Receivable Foreign Currency Translation Adjustments
AccountsReceivableForeignCurrencyTranslationAdjustments
-603877 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2052321 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8153850 usd
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
363433 usd
CY2023Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
315129 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
278834 usd
CY2023Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
16713913 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
834701 usd
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1179243 usd
CY2024Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
30634 usd
CY2023Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1163304 usd
CY2024Q1 SISI Inventory Net Including Discontinued Operation
InventoryNetIncludingDiscontinuedOperation
1446334 usd
CY2023Q2 SISI Inventory Net Including Discontinued Operation
InventoryNetIncludingDiscontinuedOperation
17044981 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
16720575 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
1446334 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
324406 usd
us-gaap Inventory Write Down
InventoryWriteDown
668088 usd
CY2023Q1 us-gaap Inventory Write Down
InventoryWriteDown
205152 usd
CY2024Q1 SISI Gross Advances On Inventory Purchases
GrossAdvancesOnInventoryPurchases
13375912 usd
CY2023Q2 SISI Gross Advances On Inventory Purchases
GrossAdvancesOnInventoryPurchases
10170145 usd
CY2024Q1 SISI Advances To Suppliers Doubtful Accounts
AdvancesToSuppliersDoubtfulAccounts
624892 usd
CY2023Q2 SISI Advances To Suppliers Doubtful Accounts
AdvancesToSuppliersDoubtfulAccounts
10167448 usd
CY2024Q1 SISI Advances On Inventory Purchases Including Discontnuing Operaton
AdvancesOnInventoryPurchasesIncludingDiscontnuingOperaton
12751020 usd
CY2023Q2 SISI Advances On Inventory Purchases Including Discontnuing Operaton
AdvancesOnInventoryPurchasesIncludingDiscontnuingOperaton
2697 usd
CY2024Q1 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
12751020 usd
CY2023Q2 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
2697 usd
CY2023Q2 SISI Advances To Suppliers Doubtful Accounts
AdvancesToSuppliersDoubtfulAccounts
10167448 usd
CY2022Q2 SISI Advances To Suppliers Doubtful Accounts
AdvancesToSuppliersDoubtfulAccounts
13544627 usd
SISI Advance To Suppliers Acquisition
AdvanceToSuppliersAcquisition
6314 usd
CY2023 SISI Advance To Suppliers Acquisition
AdvanceToSuppliersAcquisition
56831 usd
SISI Advances To Suppliers Charge To Expense
AdvancesToSuppliersChargeToExpense
616882 usd
CY2023 SISI Advances To Suppliers Charge To Expense
AdvancesToSuppliersChargeToExpense
-2349716 usd
SISI Advances From Suppliers Disposal Of Variable Interest Entities
AdvancesFromSuppliersDisposalOfVariableInterestEntities
-10241295 usd
CY2023 SISI Allowance For Doubtful Accounts On Advances To Supplier Write Off
AllowanceForDoubtfulAccountsOnAdvancesToSupplierWriteOff
-147172 usd
SISI Advances To Suppliers Foreign Currency Translation Adjustments
AdvancesToSuppliersForeignCurrencyTranslationAdjustments
75543 usd
CY2023 SISI Advances To Suppliers Foreign Currency Translation Adjustments
AdvancesToSuppliersForeignCurrencyTranslationAdjustments
-937122 usd
CY2024Q1 SISI Advances To Suppliers Doubtful Accounts
AdvancesToSuppliersDoubtfulAccounts
624892 usd
CY2023Q2 SISI Advances To Suppliers Doubtful Accounts
AdvancesToSuppliersDoubtfulAccounts
10167448 usd
CY2024Q1 SISI Loan To Third Parties
LoanToThirdParties
2576064 usd
CY2023Q2 SISI Loan To Third Parties
LoanToThirdParties
1481101 usd
CY2024Q1 us-gaap Other Receivables
OtherReceivables
2440400 usd
CY2023Q2 us-gaap Other Receivables
OtherReceivables
2629733 usd
CY2023Q2 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
2000000 usd
CY2024Q1 us-gaap Short Term Investments
ShortTermInvestments
44841 usd
CY2023Q2 us-gaap Short Term Investments
ShortTermInvestments
37015 usd
CY2024Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2101 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1629 usd
CY2024Q1 SISI Other Current Assets Gross
OtherCurrentAssetsGross
5063406 usd
CY2023Q2 SISI Other Current Assets Gross
OtherCurrentAssetsGross
6149478 usd
CY2024Q1 SISI Advances To Third Parties Doubtful Accounts
AdvancesToThirdPartiesDoubtfulAccounts
2503102 usd
CY2023Q2 SISI Advances To Third Parties Doubtful Accounts
AdvancesToThirdPartiesDoubtfulAccounts
3287793 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
2560304 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
2861685 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
34643 usd
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
2560304 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
2827042 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1018722 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1481101 usd
CY2023Q2 SISI Advances To Third Parties Doubtful Accounts
AdvancesToThirdPartiesDoubtfulAccounts
3287793 usd
CY2022Q2 SISI Advances To Third Parties Doubtful Accounts
AdvancesToThirdPartiesDoubtfulAccounts
2545565 usd
SISI Acquisition Of Subsidiaries
AcquisitionOfSubsidiaries
35990 usd
CY2023 SISI Acquisition Of Subsidiaries
AcquisitionOfSubsidiaries
14504 usd
SISI Advances To Third Parties Charge To Expense
AdvancesToThirdPartiesChargeToExpense
83103 usd
CY2023 SISI Advances To Third Parties Charge To Expense
AdvancesToThirdPartiesChargeToExpense
1867474 usd
SISI Disposal Of Variable Interest Entities For Doubtful Debts
DisposalOfVariableInterestEntitiesForDoubtfulDebts
-605786 usd
CY2023 SISI Advances To Third Parties Doubtful Accounts Wtiteoff Value
AdvancesToThirdPartiesDoubtfulAccountsWtiteoffValue
-964509 usd
SISI Advances To Third Parties Foreign Currency Translation Adjustments
AdvancesToThirdPartiesForeignCurrencyTranslationAdjustments
-297998 usd
CY2023 SISI Advances To Third Parties Foreign Currency Translation Adjustments
AdvancesToThirdPartiesForeignCurrencyTranslationAdjustments
-175241 usd
CY2024Q1 SISI Advances To Third Parties Doubtful Accounts
AdvancesToThirdPartiesDoubtfulAccounts
2503102 usd
CY2023Q2 SISI Advances To Third Parties Doubtful Accounts
AdvancesToThirdPartiesDoubtfulAccounts
3287793 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9846547 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5432519 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3532298 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3437327 usd
CY2024Q1 SISI Impairment For Property And Equipment
ImpairmentForPropertyAndEquipment
-89869 usd
CY2023Q2 SISI Impairment For Property And Equipment
ImpairmentForPropertyAndEquipment
-749299 usd
CY2024Q1 SISI Property Plant And Equipment Net Including Discontinued Operations
PropertyPlantAndEquipmentNetIncludingDiscontinuedOperations
6224380 usd
CY2023Q2 SISI Property Plant And Equipment Net Including Discontinued Operations
PropertyPlantAndEquipmentNetIncludingDiscontinuedOperations
1245893 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
32777 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6224380 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1213116 usd
CY2023Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
2898328 usd
CY2023Q2 SISI Accumulated Amortization For Farmland Leasehold
AccumulatedAmortizationForFarmlandLeasehold
2238484 usd
CY2023Q2 SISI Impairment For Farmland Leasehold Improvements
ImpairmentForFarmlandLeaseholdImprovements
659844 usd
SISI Land Use Right Estimated Useful Life
LandUseRightEstimatedUsefulLife
P30Y
SISI Land Use Right Amortizes Period
LandUseRightAmortizesPeriod
P30Y
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
711289 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
98156 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
613133 usd
CY2024Q1 SISI Land Use Rights Net Held For Continuing Operations
LandUseRightsNetHeldForContinuingOperations
613133 usd
SISI Land Use Rights Amortization Expense Discontinuing Operations
LandUseRightsAmortizationExpenseDiscontinuingOperations
0 usd
CY2024Q1 SISI Land Use Rights Amortization Expense Discontinuing Operations
LandUseRightsAmortizationExpenseDiscontinuingOperations
0 usd
SISI Land Use Rights Amortization Expense Discontinuing Operations
LandUseRightsAmortizationExpenseDiscontinuingOperations
0 usd
CY2023Q1 SISI Land Use Rights Amortization Expense Discontinuing Operations
LandUseRightsAmortizationExpenseDiscontinuingOperations
0 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
110227 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
132366 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
123221 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
86978 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
16458 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
44469 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
139679 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
131447 usd
SISI Schedule Of Weighted Average Remaining Lease Terms And Discount Rate Of Operating Lease
ScheduleOfWeightedAverageRemainingLeaseTermsAndDiscountRateOfOperatingLease
<p id="xdx_89B_ecustom--ScheduleOfWeightedAverageRemainingLeaseTermsAndDiscountRateOfOperatingLease_gL3SOWARLTADR-WESQU_zCncTjcZsjg" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The weighted average remaining lease terms and discount rates for all of operating leases held for continuing operations were as follows as of March 31, 2024 and June 30, 2023:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zSl8W3IGmt43" style="display: none">SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES FOR OPERATING LEASES</span></span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">March 31, 2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: justify"> </td><td> </td><td> </td> <td colspan="2" style="text-align: justify"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Remaining lease term and discount rate:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 64%; text-align: left; padding-bottom: 2.5pt">Weighted average remaining lease term (years)</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right"><span id="xdx_90F_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20240331_zEwE3zQrWu1g" title="Weighted average remaining lease term (years)">1.47</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right"><span id="xdx_90E_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20230630_z84IaWYBoBN8" title="Weighted average remaining lease term (years)">1.92</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Weighted average discount rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20240331_ztI6sgbt1cTl" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted average discount rate">4.51</td><td style="padding-bottom: 2.5pt; text-align: left">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98F_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20230630_zOGKKbUR3Sz9" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted average discount rate">4.61</td><td style="padding-bottom: 2.5pt; text-align: left">%</td></tr> </table>  <table cellpadding="0" cellspacing="0" id="xdx_307_134_zKJlcXwSDz3a" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES FOR OPERATING LEASES (Details)"> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">March 31, 2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: justify"> </td><td> </td><td> </td> <td colspan="2" style="text-align: justify"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Remaining lease term and discount rate:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 64%; text-align: left; padding-bottom: 2.5pt">Weighted average remaining lease term (years)</td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right">     <span id="xdx_908_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dxL_c20240331__us-gaap--DisposalGroupClassificationAxis__custom--DiscontinuedOperationsMember_zQ5rgwJWdc5k" title="Weighted average remaining lease term (years)::XDX::P0Y"><span style="-sec-ix-hidden: xdx2ixbrl1932">-</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 2%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; width: 14%; text-align: right"><span id="xdx_906_eus-gaap--OperatingLeaseWeightedAverageRemainingLeaseTerm1_iI_dtY_c20230630__us-gaap--DisposalGroupClassificationAxis__custom--DiscontinuedOperationsMember_zAig9kDnjQ1c" title="Weighted average remaining lease term (years)">5.85</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Weighted average discount rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_98F_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp0_uPure_c20240331__us-gaap--DisposalGroupClassificationAxis__custom--DiscontinuedOperationsMember_z3cKlld5tSe2" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted average discount rate">-</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pid_dp_uPure_c20230630__us-gaap--DisposalGroupClassificationAxis__custom--DiscontinuedOperationsMember_zlEzVWtVKbt4" style="border-bottom: Black 2.5pt double; text-align: right" title="Weighted average discount rate">4.36</td><td style="padding-bottom: 2.5pt; text-align: left">%</td></tr> </table>  
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y5M19D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y11M1D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0451 pure
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0461 pure
CY2024Q1 SISI Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Due From Related Party
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDueFromRelatedParty
108296 usd
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CY2024Q1 SISI Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Obligation
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.25 pure
SISI Income Tax Description
IncomeTaxDescription
Biowin is subject to corporate income tax at a reduced rate of 15% starting from December 2019, when it was approved by local government as a High and New Technology Enterprises (“HNTEs”), to December 2022. In December 2022, the Company successfully renewed its HNTE certification with local government and will continue to enjoy the reduced income tax rate of 15% for another three years through December 2025. The subsidiaries of Wintus in PRC are governed by the Income Tax Laws of the PRC, and are currently subject to tax at a statutory rate of 25% on taxable income, expect certain subsidiaries that are recognized as small low-profit enterprises. According to the relevant PRC tax policies, once an enterprise meets certain requirements and is identified as a small-scale minimal profit enterprise, the taxable income not more than RMB3 million is subject to a reduced effective rate of 5% during the period from January 1, 2023 to December 31, 2024.
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
744766 usd
us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
The Company elects to pay the transition tax over an eight-year period using specified percentages (eight percent per year for the first five years, 15 percent in year six, 20 percent in year seven, and 25 percent in year eight).
us-gaap Current Income Tax Expense Benefit
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CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2471066 usd
CY2024Q1 us-gaap Deferred Tax Assets Net
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404972 usd
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394023 usd
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10542990 usd
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1810615 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities
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1416592 usd
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DeferredTaxLiabilityContinuingOperations
-10138018 usd
CY2023Q2 SISI Deferred Tax Liability Continuing Operations
DeferredTaxLiabilityContinuingOperations
-1416592 usd
CY2024Q1 us-gaap Accrued Income Taxes Noncurrent
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335145 usd
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2471066 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
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2543366 usd
SISI Acquisition In Addition Valuation Allowance
AcquisitionInAdditionValuationAllowance
155452 usd
CY2023 SISI Acquisition In Addition Valuation Allowance
AcquisitionInAdditionValuationAllowance
376085 usd
SISI Disposal Of Valuation Allowance
DisposalOfValuationAllowance
-2407610 usd
SISI Current Year Addition Valuation Allowance
CurrentYearAdditionValuationAllowance
1654403 usd
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CurrentYearAdditionValuationAllowance
-252836 usd
SISI Deferred Tax Assets Valuation Allowance Exchange Rate Adjustments
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11452 usd
CY2023 SISI Deferred Tax Assets Valuation Allowance Exchange Rate Adjustments
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-195549 usd
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DeferredTaxAssetsValuationAllowance
1884763 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
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2471066 usd
CY2023Q2 SISI Valuation Allowance Held For Discontinued Operations
ValuationAllowanceHeldForDiscontinuedOperations
2396504 usd
CY2024Q1 SISI Valuation Allowance Held For Continuing Operations
ValuationAllowanceHeldForContinuingOperations
1884763 usd
CY2023Q2 SISI Valuation Allowance Held For Continuing Operations
ValuationAllowanceHeldForContinuingOperations
74562 usd
SISI Description Of Applicable Value Added Tax Rate
DescriptionOfApplicableValueAddedTaxRate
All of the Company’s products that were sold in the PRC were subject to a Chinese value-added tax at rates ranging from 3% to 13%, depending on the type of products sold. For overseas sales, VAT is exempted on the exported goods. The amount of VAT liability is determined by applying the applicable tax rate to the invoiced amount of goods sold (output VAT) less VAT paid on purchases made with the relevant supporting invoices (input VAT). Under commercial practice in the PRC, the Company pays VAT based on tax invoices issued. The tax invoices may be issued subsequent to the date on which revenue is recognized, and there may be a considerable delay between the date on which the revenue is recognized and the date on which the tax invoice is issued.
us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
0 usd
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0 usd
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IncomeTaxExaminationPenaltiesExpense
0 usd
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1236597 usd
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AccruedIncomeTaxes
1048188 usd
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240403 usd
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SalesAndExciseTaxPayableCurrentAndNoncurrent
46451 usd
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832 usd
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AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
3834 usd
CY2024Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
1477832 usd
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TaxesPayableCurrentAndNoncurrent
1098473 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Accrued Income Tax Payable
DisposalGroupIncludingDiscontinuedOperationAccruedIncomeTaxPayable
262459 usd
CY2024Q1 SISI Tax Payable Continuing Operations
TaxPayableContinuingOperations
1477832 usd
CY2023Q2 SISI Tax Payable Continuing Operations
TaxPayableContinuingOperations
836014 usd
CY2024Q1 SISI Income Tax Payable Current
IncomeTaxPayableCurrent
1142687 usd
CY2023Q2 SISI Income Tax Payable Current
IncomeTaxPayableCurrent
763328 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Accrued Income Taxes Payable
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262459 usd
CY2024Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
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CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
500869 usd
CY2023Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
335145 usd
CY2024Q1 SISI Income Tax Payable Noncurrent Continuing Operations
IncomeTaxPayableNoncurrentContinuingOperations
335145 usd
CY2023Q2 SISI Income Tax Payable Noncurrent Continuing Operations
IncomeTaxPayableNoncurrentContinuingOperations
335145 usd
SISI Statutory Surplus Reserve Percentage
StatutorySurplusReservePercentage
0.10 pure
SISI Statutory Reserve Percentage On Registered Capital
StatutoryReservePercentageOnRegisteredCapital
0.50 pure
CY2024Q1 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
4198107 usd
CY2023Q2 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
4198107 usd
CY2024Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
3024000 usd
SISI Assets Percentage
AssetsPercentage
1 pure
CY2024Q1 SISI Assets Percentage
AssetsPercentage
1 pure
SISI Assets Percentage
AssetsPercentage
1 pure
CY2023Q1 SISI Assets Percentage
AssetsPercentage
1 pure
SISI Assets Percentage
AssetsPercentage
1 pure
CY2024Q1 SISI Assets Percentage
AssetsPercentage
1 pure
SISI Assets Percentage
AssetsPercentage
1 pure
CY2023Q1 SISI Assets Percentage
AssetsPercentage
1 pure
CY2021Q4 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
9000000 usd
CY2021Q4 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
10000000 usd
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
5308598 usd
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
4705402 usd
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
603196 usd
SISI Disposal Group Including Discontinued Operation Gross Profit Loss Contribution Percentage
DisposalGroupIncludingDiscontinuedOperationGrossProfitLossContributionPercentage
0.114 pure
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1767977 usd
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
2068588 usd
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
-300611 usd
SISI Disposal Group Including Discontinued Operation Gross Profit Loss Contribution Percentage
DisposalGroupIncludingDiscontinuedOperationGrossProfitLossContributionPercentage
-0.170 pure
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1351400 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
1159733 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
191667 usd
CY2024Q1 SISI Disposal Group Including Discontinued Operation Gross Profit Loss Contribution Percentage
DisposalGroupIncludingDiscontinuedOperationGrossProfitLossContributionPercentage
0.142 pure
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
693032 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
782898 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
-89866 usd
CY2023Q1 SISI Disposal Group Including Discontinued Operation Gross Profit Loss Contribution Percentage
DisposalGroupIncludingDiscontinuedOperationGrossProfitLossContributionPercentage
-0.130 pure
CY2024Q1 us-gaap Assets
Assets
101688272 usd
CY2023Q2 us-gaap Assets
Assets
63469139 usd
CY2023Q2 SISI Assets Held For Discontinued Operations
AssetsHeldForDiscontinuedOperations
-39684744 usd
CY2024Q1 SISI Assets Held For Continuing Operations
AssetsHeldForContinuingOperations
101688272 usd
CY2023Q2 SISI Assets Held For Continuing Operations
AssetsHeldForContinuingOperations
23784395 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
13540793 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
2278824 usd
CY2023Q2 SISI Disposal Group Including Discontinued Operation Due From Related Parties
DisposalGroupIncludingDiscontinuedOperationDueFromRelatedParties
4534211 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
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CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
34643 usd
CY2023Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
37109046 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
32777 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
4884 usd
CY2023Q2 SISI Disposal Group Including Discontinued Operation Operating Lease Rightofuse Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseRightofuseAssets
2538037 usd
CY2023Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
39684744 usd
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DisposalGroupIncludingDiscontinuedOperationAccountsPayableCurrent
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CY2023Q2 SISI Disposal Group Including Discontinued Operation Due To Related Parties
DisposalGroupIncludingDiscontinuedOperationDueToRelatedParties
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CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
2005519 usd
CY2023Q2 SISI Disposal Group Including Discontinued Operation Operating Lease Liabilities Current
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilitiesCurrent
551502 usd
CY2023Q2 us-gaap Disposal Group Including Discontinued Operation Accrued Income Taxes Payable
DisposalGroupIncludingDiscontinuedOperationAccruedIncomeTaxesPayable
262459 usd
CY2023Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
5393844 usd
CY2023Q2 SISI Operating Lease Liabilities Noncurrent
OperatingLeaseLiabilitiesNoncurrent
1404823 usd
CY2023Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
6798667 usd

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