Split History
ETFs Holding TYHT »    TYHT Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Shineco is a holding company. Through its subsidiaries' and variable interest entities' production, distribution and sales channels, Co. is engaged in providing health and well-being focused plant-based products. Co.'s products are only sold domestically in China. Co.'s business segments are: processing and distributing Chinese herbal medicine products as well as other pharmaceutical products; processing and distributing green and organic agricultural produce as well as growing and cultivating yew trees (taxus media); and developing and distributing fabrics, textiles and other byproducts derived from a Chinese plant Apocynum Venetum and known in Chinese as Luobuma or bluish dogbane. According to our TYHT split history records, Shineco has had 1 split.
TYHT split history picture
Shineco (TYHT) has 1 split in our TYHT split history database. The split for TYHT took place on August 17, 2020. This was a 1 for 9 reverse split, meaning for each 9 shares of TYHT owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 111.111111111111 share position following the split.

When a company such as Shineco conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the TYHT split history from start to finish, an original position size of 1000 shares would have turned into 111.111111111111 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Shineco shares, starting with a $10,000 purchase of TYHT, presented on a split-history-adjusted basis factoring in the complete TYHT split history. TYHT split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/28/2016
End date: 10/28/2020
Start price/share: $259.92
End price/share: $2.71
Dividends collected/share: $0.00
Total return: -98.96%
Average Annual Total Return: -67.28%
Starting investment: $10,000.00
Ending investment: $104.24
Years: 4.08
Date Ratio
08/17/20201 for 9
TYHT is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:

UA Split History
UEIC Split History
UFI Split History
UL Split History
USNA Split History
UVV Split History
VCO Split History
VFC Split History
VGR Split History
VIRC Split History

Also explore: TYHT shares outstanding history

Duff & Phelps Select MLP and Midstream Energy Fund Inc. (DSE)
WidePoint Corporation (WYY)
Lianluo Smart Limited (LLIT)
HighPoint Resources Corporation (HPR)
Globus Maritime Limited (GLBS)
WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
Rush Enterprises, Inc. (RUSHB)
Rush Enterprises, Inc. (RUSHA)
Silver Bull Resources, Inc. (SVB.CA)
Eagle Bulk Shipping Inc. (EGLE)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

TYHT Split History | www.SplitHistory.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.