Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Jun. 30, 2019
CURRENT ASSETS:
Cash	$ 42,087,793	$ 35,330,676
Accounts receivable, net	9,689,266	9,683,074
Due from related parties	122,734	188,453
Inventories	2,618,043	2,215,559
Advances to suppliers, net	4,316,821	11,833,994
Other current assets	1,771,627	1,710,619
TOTAL CURRENT ASSETS	60,606,284	60,962,375
Property and equipment, net	9,949,225	10,667,730
Land use right, net of accumulated amortization	1,229,692	1,264,309
Investments	6,696,183	6,650,944
Distribution rights	1,059,128	1,074,736
Long-term deposit and other noncurrent assets	100,020	103,864
Right of use assets	3,105,286
Prepaid leases		2,857,344
Deferred tax assets	326,890	158,171
TOTAL ASSETS	83,072,708	83,739,473
CURRENT LIABILITIES:
Short-term loans	1,722,159	2,410,147
Accounts payable	155,456	220,119
Advances from customers	6,776	382,091
Due to related parties	495,555	234,500
Other payables and accrued expenses	3,884,148	3,893,027
Operating lease liabilities - current	411,280
Taxes payable	3,347,354	3,341,872
TOTAL CURRENT LIABILITIES	10,022,728	10,481,756
Income tax payable - noncurrent portion	625,603	625,603
Operating lease liabilities - non-current	3,132
TOTAL LIABILITIES	10,651,463	11,107,359
Commitments and contingencies
EQUITY:
Common stock; par value $0.001, 100,000,000 shares authorized; 27,333,428 and 22,871,772 shares issued and outstanding at December 31, 2019 and June 30, 2019	27,333	22,872
Additional paid-in capital	27,277,758	24,759,356
Statutory reserve	4,198,107	4,198,107
Retained earnings	45,055,036	46,735,190
Accumulated other comprehensive loss	(5,279,389)	(4,184,024)
Total Stockholders' equity of Shineco, Inc.	71,278,845	71,531,501
Non-controlling interest	1,142,400	1,100,613
TOTAL EQUITY	72,421,245	72,632,114
TOTAL LIABILITIES AND EQUITY	$ 83,072,708	$ 83,739,473