TYHT
Price:
$11.09
Market Cap:
$69.06K
Shineco, Inc. is a holding company, which through its subsidiaries, engages in the production and distribution of plant-based products. The company is headquartered in Beijing, Beijing and currently employs 380 full-time employees. The firm provides health and well-being focused plant-based products by using its subsidiaries' and variable interest entities' vertically- and horizontally-integrated production, distribution and sales channels. The firm operates through three segments: developing, manufacturing and distributing of specialized fabrics, textile products and other by-products derived from an indigenous Chinese plant called Apocynum Venetum, known as Bluish Dogbane (Luobuma); planti...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2016-09-26
Stock Exchange
NASDAQ
Ticker
TYHT
According to Shineco, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.72. This represents a change of -8.71% compared to the average of 0.79 of the last 4 quarters.
The mean historical Current Ratio of Shineco, Inc. over the last ten years is 4.56. The current 0.72 Current Ratio has changed 1.48% with respect to the historical average. Over the past ten years (40 quarters), TYHT's Current Ratio was at its highest in in the September 2017 quarter at 8.95. The Current Ratio was at its lowest in in the September 2023 quarter at 0.46.
Average
4.56
Median
5.01
Minimum
0.76
Maximum
8.89
Discovering the peaks and valleys of Shineco, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 65.69%
Maximum Annual Current Ratio = 8.89
Minimum Annual Increase = -77.75%
Minimum Annual Current Ratio = 0.76
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.76 | -77.75% |
| 2023 | 3.41 | 65.69% |
| 2022 | 2.06 | -38.24% |
| 2021 | 3.33 | -36.50% |
| 2020 | 5.25 | -9.81% |
| 2019 | 5.82 | -1.31% |
| 2018 | 5.89 | -33.71% |
| 2017 | 8.89 | 63.59% |
| 2016 | 5.43 | 13.91% |
| 2015 | 4.77 | -5.63% |
The current Current Ratio of Shineco, Inc. (TYHT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.07
5-year avg
2.96
10-year avg
4.56
Shineco, Inc.’s Current Ratio is less than Nevro Corp. (4.62), less than Acelyrin, Inc. (18.43), less than Lifecore Biomedical, Inc. (2.84), less than CARGO Therapeutics, Inc. Common Stock (12.37), less than Alaunos Therapeutics, Inc. (2.92), greater than Sonida Senior Living, Inc. (0.70), less than Spectrum Pharmaceuticals, Inc. (2.37), less than Societal CDMO, Inc. (1.07), less than LakeShore Biopharma Co., Ltd (1.02), less than Third Harmonic Bio, Inc. (54.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.62 | $224.09M | |
| 18.43 | $229.17M | |
| 2.84 | $291.82M | |
| 12.37 | $216.19M | |
| 2.92 | $9.53M | |
| 0.70 | $580.74M | |
| 2.37 | $210.38M | |
| 1.07 | $116.13M | |
| 1.02 | $25.84M | |
| 54.10 | $242.79M |
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What is the Current Ratio?
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What is Shineco, Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Shineco, Inc. (TYHT)?
What is the 5-year average Current Ratio for Shineco, Inc. (TYHT)?
How does the current Current Ratio for Shineco, Inc. (TYHT) compare to its historical average?