Shineco, Inc. (SISI) Cash Flow Statement
Where SISI’s cash came from and went, FY2024
June 30, 2024 · U.S. dollars- Cash from operations
- −$3.9M
- Capital expenditures
- $264,800 2.7% of revenue
- Free cash flow
- −$4.2M −42.8% margin
- Returned to shareholders
- —
- Change in cash
- −$13.8M cash at year-end $395,036
Cash from operations
−$3.9M
Capital expenditures
−$264,800
Investments (net)
−$21.0M
Acquisitions & other
+$264,800
Net borrowing (repayment)
+$522,163
Shares issued
+$8.9M
Other financing
+$1.6M
Currency & other
+$134,906
Change in cash
−$13.8M
Drawn to scale: where the cash came from and how it was used. Hover for values.
SISI operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
SISI cash flow trends, FY2015–FY2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $2.6MFY2015 | −$3.9MFY2024 | — | |
| Capital expenditures | $101,620FY2015 | $264,800FY2024 | +11.2%/yr | |
| Free cash flow | $2.5MFY2015 | −$4.2MFY2024 | — | |
| Free cash flow margin | 7.8%FY2015 | −42.8%FY2024 | −50.6 pts | |
| Operating cash flow / net income | 0.36FY2015 | 3.97FY2019 | +3.61 | |
| Stock-based compensation | −$160,122FY2015 | $2.9MFY2024 | — | |
| Capex / revenue | 0.3%FY2015 | 2.7%FY2024 | +2.4 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SISI cash flow by activity
OperatingInvestingFinancingChange in cash
SISI net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
SISI cash flow statement
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$22.4M | −$10.7M | −$24.6M | −$21.4M | −$1.1M | $881,787 | $7.5M | $8.6M | $8.3M | $7.4M |
| Depreciation & amortization | $5.0M | $663,159 | $101 | $878,350 | $453,344 | $791,534 | $698,232 | $575,196 | $871,099 | $811,135 |
| Stock-based compensation | $2.9M | $1.1M | — | — | $1.0M | $4.1M | $59,354 | −$1.2M | −$155,926 | −$160,122 |
| Change in working capital | $221,968 | −$483,017 | $380,973 | −$12.5M | −$6.3M | −$2.5M | $10,388 | −$10.7M | $5.7M | −$4.2M |
| Other non-cash items | $10.4M | $4.0M | $18.5M | $18.4M | $1.3M | $263,517 | $1.6M | $425 | −$1.4M | −$1.3M |
| Cash from operating activities | −$3.9M | −$5.4M | −$5.7M | −$14.6M | −$4.7M | $3.5M | $9.8M | −$2.7M | $13.3M | $2.6M |
| Investing activities | ||||||||||
| Capital expenditures | −$264,800 | −$18,846 | −$309,456 | −$4 | −$12,728 | −$137,806 | −$1.8M | −$49,863 | −$498,772 | −$101,620 |
| Investments (net) | −$21.0M | $1.0M | −$750,000 | $1.3M | $104,776 | −$246,391 | $153,695 | — | — | — |
| Acquisitions & other investing | $264,800 | $18,846 | −$35.0M | $4 | $12,728 | $137,806 | $860,505 | −$675,969 | $4.5M | −$1.1M |
| Cash from investing activities | −$21.0M | $1.0M | −$36.0M | $1.3M | $104,776 | −$246,391 | −$748,960 | −$725,832 | $4.0M | −$1.2M |
| Financing activities | ||||||||||
| Net borrowing (repayment) | $522,163 | −$370,275 | $18.7M | $2.7M | $1.1M | $222,579 | −$485,483 | — | — | — |
| Shares issued | $8.9M | $4.8M | $9.7M | $5.2M | $1.5M | $1.6M | $0 | $0 | $0 | $0 |
| Other financing | $1.6M | $7,636 | $0 | −$679,470 | $0 | $0 | $0 | $5.4M | −$255,922 | $1.5M |
| Cash from financing activities | $11.0M | $4.5M | $28.4M | $7.2M | $2.6M | $1.8M | −$485,483 | $5.4M | −$255,922 | $1.5M |
| Summary | ||||||||||
| Net change in cash | −$13.8M | −$998,472 | −$13.9M | −$3.3M | −$3.0M | $3.8M | $8.3M | $1.1M | $16.0M | $3.0M |
| Cash at end of period | $395,036 | $14.2M | $15.2M | $29.0M | $32.4M | $35.3M | $31.5M | $23.2M | $22.0M | $6.1M |
| Free cash flow | −$4.2M | −$5.4M | −$6.0M | −$14.6M | −$4.7M | $3.4M | $8.1M | −$2.8M | $12.8M | $2.5M |
| Free cash flow margin | −42.8% | −982.7% | −275.4% | −484.8% | −19.7% | 10.8% | 18.4% | −8.3% | 36.3% | 7.8% |
| Capex / revenue | 2.7% | 3.4% | 14.2% | 0.0% | 0.1% | 0.4% | 4.0% | 0.1% | 1.4% | 0.3% |
| Operating cash flow / net income | — | — | — | — | — | 3.97 | 1.31 | −0.32 | 1.60 | 0.36 |
| Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $2.6M | −$1.6M | −$2.6M | −$20.3M | −$3.3M | −$4.3M | −$3.5M | −$6.1M | −$2.9M | −$2.8M | −$2.4M | −$7.7M |
| Depreciation & amortization | $372,114 | $1.4M | $1.4M | $1.2M | $362,408 | $1.3M | $1.1M | −$399,664 | $404,895 | $143 | $142 | $290,754 |
| Stock-based compensation | $0 | — | — | $2.3M | −$1 | $1 | $540,310 | $525,044 | $33,089 | — | $612,000 | $279,015 |
| Change in working capital | $3.3M | −$224,721 | −$1.5M | −$91,528 | $764,108 | −$718,943 | $417,317 | −$529,995 | $35,130 | $778,222 | −$191,030 | $3.6M |
| Other non-cash items | −$6.8M | −$111,941 | $556,646 | $15.9M | $1.9M | $2.5M | −$33,904 | $4.0M | $1.4M | $2.3M | −$87,937 | $4.6M |
| Cash from operating activities | −$430,341 | −$604,643 | −$2.1M | −$868,231 | −$351,143 | −$1.2M | −$1.5M | −$2.5M | −$1.1M | $322,189 | −$2.1M | $1.0M |
| Investing activities | ||||||||||||
| Capital expenditures | −$196,693 | −$35 | −$16,063 | −$215,252 | −$767 | −$29,254 | −$4,106 | −$358 | −$18,488 | −$5 | −$5 | −$308,306 |
| Investments (net) | −$212,836 | $361,542 | −$3.1M | −$7.0M | −$23,315 | −$1.0M | −$12.9M | $19,888 | −$1.4M | −$8.7M | $11.1M | −$3.5M |
| Acquisitions & other investing | $196,693 | $35 | $16,063 | $215,252 | $767 | $29,254 | $4,106 | $358 | $18,487 | $5 | $5 | $308,306 |
| Cash from investing activities | −$212,836 | $361,542 | −$3.1M | −$7.0M | −$23,315 | −$1.0M | −$12.9M | $19,888 | −$1.4M | −$8.7M | $11.1M | −$3.5M |
| Financing activities | ||||||||||||
| Net borrowing (repayment) | −$36,751 | $328,971 | −$1.2M | $577,712 | −$387,224 | — | — | — | — | −$91,056 | −$78,953 | $982,549 |
| Shares issued | $29,819 | $333,288 | $6.4M | $6.6M | $276,929 | $1.7M | $340,010 | $2.1M | $1.5M | $250,000 | $1.0M | $2.2M |
| Other financing | $196,556 | $77,452 | −$160,113 | $611,192 | −$123,225 | $832,345 | $566,093 | −$8,851 | −$183,779 | $0 | $0 | $0 |
| Cash from financing activities | $189,624 | $739,711 | $5.1M | $7.8M | −$233,520 | $2.5M | $906,103 | $2.1M | $1.3M | $158,944 | $921,047 | $3.2M |
| Summary | ||||||||||||
| Net change in cash | −$459,732 | $488,148 | −$136,322 | −$170,447 | −$621,717 | $312,174 | −$13.3M | −$1.2M | −$1.0M | −$7.8M | $9.1M | −$312,190 |
| Cash at end of period | $287,130 | $746,862 | $258,714 | $395,036 | $565,483 | $1.2M | $875,026 | $14.2M | $15.4M | $16.4M | $24.2M | $15.2M |
| Free cash flow | $5.7M | −$604,608 | −$2.1M | −$1.1M | −$351,910 | −$1.2M | −$1.5M | −$2.5M | −$1.1M | $322,189 | −$2.1M | $1.4M |
| Free cash flow margin | 13,863.9% | −19.8% | −96.6% | −24.1% | −26.1% | −53.6% | −91.6% | — | −468.6% | 59.7% | −393.7% | 655.8% |
| Capex / revenue | 480.1% | 0.0% | 0.7% | 4.8% | 0.1% | 1.3% | 0.2% | — | 8.0% | 0.0% | 0.0% | 149.6% |
| Operating cash flow / net income | −0.16 | — | — | — | — | — | — | — | — | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
SISI cash generation
In fiscal 2024 (ended June 30, 2024), Shineco generated -$3.9 million of cash from operations and spent $0.3 million on capital expenditures, leaving free cash flow of -$4.2 million, −42.8% of revenue. Cash and equivalents fell by $13.8 million over the year.
Related: SISI income statement, SISI balance sheet. See the SISI stock overview for the latest quote and news.
SISI cash flow FAQ
What is Shineco's free cash flow?
Shineco's free cash flow was -$4.2 million in fiscal 2024: -$3.9 million of operating cash flow minus $0.3 million of capital expenditures It was -$5.4 million a year earlier..
How much cash does Shineco generate from operations?
Shineco generated -$3.9 million of cash from operating activities in fiscal 2024.
How much does Shineco spend on capital expenditures?
Shineco spent $0.3 million on capital expenditures in fiscal 2024, 2.7% of revenue, compared with $0.0 million the year before.