Shineco Stock Piotroski F Score

SISI Stock  USD 0.24  0.04  20.00%   
This module uses fundamental data of Shineco to approximate its Piotroski F score. Shineco F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Shineco. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Shineco financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Shineco Altman Z Score, Shineco Correlation, Shineco Valuation, as well as analyze Shineco Alpha and Beta and Shineco Hype Analysis.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.
  
As of now, Shineco's Short and Long Term Debt is increasing as compared to previous years. The Shineco's current Net Debt To EBITDA is estimated to increase to 3.45, while Debt To Equity is projected to decrease to 0.12. As of now, Shineco's ROIC is decreasing as compared to previous years. The Shineco's current Days Of Inventory On Hand is estimated to increase to 1,066, while PTB Ratio is projected to decrease to 2.13.
At this time, it appears that Shineco's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Shineco Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Shineco is to make sure Shineco is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Shineco's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Shineco's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.4821
Significantly Up
Slightly volatile
Total Current Liabilities28.2 M26.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.9 M3.8 M
Sufficiently Up
Slightly volatile
Total Assets54.8 M73 M
Way Down
Slightly volatile
Total Current Assets38 M47.1 M
Significantly Down
Slightly volatile

Shineco F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Shineco's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Shineco in a much-optimized way.

About Shineco Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

1.69

As of now, Shineco's Book Value Per Share is increasing as compared to previous years.

Shineco Current Valuation Drivers

We derive many important indicators used in calculating different scores of Shineco from analyzing Shineco's financial statements. These drivers represent accounts that assess Shineco's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Shineco's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.7M1.8M278.1M63.4M72.9M69.2M
Enterprise Value(16.2M)(27.8M)265.5M79.2M91.1M86.6M

About Shineco Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shineco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shineco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shineco based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in Shineco Stock

When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:
Check out Shineco Altman Z Score, Shineco Correlation, Shineco Valuation, as well as analyze Shineco Alpha and Beta and Shineco Hype Analysis.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shineco. If investors know Shineco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.75)
Revenue Per Share
1.334
Quarterly Revenue Growth
4.837
Return On Assets
(0.11)
Return On Equity
(0.38)
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shineco's market value can be influenced by many factors that don't directly affect Shineco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.