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How to buy Shineco stock | $3.055

Own Shineco stock in just a few minutes.

Fact checked

Shineco, Inc is a drug manufacturers-specialty & generic business based in the US. Shineco shares (TYHT) are listed on the NASDAQ and all prices are listed in US Dollars. Shineco employs 318 staff and has a trailing 12-month revenue of around USD$20.8 million.

How to buy shares in Shineco

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Shineco. Find the stock by name or ticker symbol: TYHT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Shineco reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$3.055, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Shineco, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Shineco. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Shineco share price

Use our graph to track the performance of TYHT stocks over time.

Shineco shares at a glance

Information last updated 2020-12-29.
Latest market closeUSD$3.055
52-week rangeUSD$2.1 - USD$6.291
50-day moving average USD$3.1564
200-day moving average USD$3.4911
Wall St. target priceN/A
PE ratio 14.2857
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.035

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Shineco stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shineco price performance over time

Historical closes compared with the close of $3.055 from 2020-12-31

1 week (2021-01-12) N/A
1 month (2020-12-23) -4.23%
3 months (2020-10-19) N/A
6 months (2020-07-19) N/A
1 year (2020-01-19) N/A
2 years (2019-01-19) N/A
3 years (2018-01-19) N/A
5 years (2016-01-19) N/A

Is Shineco under- or over-valued?

Valuing Shineco stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shineco's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shineco's P/E ratio

Shineco's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Shineco shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Shineco's EBITDA

Shineco's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$906,949.

The EBITDA is a measure of a Shineco's overall financial performance and is widely used to measure a its profitability.

Shineco financials

Revenue TTM USD$20.8 million
Gross profit TTM USD$6.2 million
Return on assets TTM -1.98%
Return on equity TTM -8.35%
Profit margin -28.36%
Book value $22.004
Market capitalisation USD$9.6 million

TTM: trailing 12 months

Shorting Shineco shares

There are currently 3,652 Shineco shares held short by investors – that's known as Shineco's "short interest". This figure is 79.9% down from 18,212 last month.

There are a few different ways that this level of interest in shorting Shineco shares can be evaluated.

Shineco's "short interest ratio" (SIR)

Shineco's "short interest ratio" (SIR) is the quantity of Shineco shares currently shorted divided by the average quantity of Shineco shares traded daily (recently around 26085.714285714). Shineco's SIR currently stands at 0.14. In other words for every 100,000 Shineco shares traded daily on the market, roughly 140 shares are currently held short.

However Shineco's short interest can also be evaluated against the total number of Shineco shares, or, against the total number of tradable Shineco shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Shineco's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Shineco shares in existence, roughly 0 shares are currently held short) or 0.0037% of the tradable shares (for every 100,000 tradable Shineco shares, roughly 4 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Shineco.

Find out more about how you can short Shineco stock.

Shineco share dividends

We're not expecting Shineco to pay a dividend over the next 12 months.

Have Shineco's shares ever split?

Shineco's shares were split on a 1:9 basis on 17 August 2020. So if you had owned 9 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Shineco shares – just the quantity. However, indirectly, the new 800% higher share price could have impacted the market appetite for Shineco shares which in turn could have impacted Shineco's share price.

Shineco share price volatility

Over the last 12 months, Shineco's shares have ranged in value from as little as $2.1 up to $6.291. A popular way to gauge a stock's volatility is its "beta".

TYHT.US volatility(beta: 1.26)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Shineco's is 1.2647. This would suggest that Shineco's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Shineco overview

Shineco, Inc., 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 vegetables and fruits; 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 logistics services for agricultural products. Further, the company develops, manufactures, 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; and its 13 Ankang retail pharmacies operating under the Sunsimiao Pharmacies name, as well as 66 pharmacies operated by third parties. 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 online through third party e-commerce websites, as well as through distributors under the Tenethealth brand; 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.

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