Company: SISI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010889
Chunk: 49

Company: SHINECO, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 RATES FOR OPERATING LEASES

    March 31, 2025  
    June 30, 2024 

    Remaining lease term and discount rate: 

    Weighted average remaining lease term (years) 
     0.90  
     0.96 
  
    Weighted average discount rate 
     4.27% 
     4.36%

The components of lease expenses for continuing operations
were as follows:

SCHEDULE
OF COMPONENTS OF LEASE EXPENSES

    For the nine months ended  March 31,  
    For
the three months ended
March 31, 

    2025  
    2024  
    2025  
    2024 
  
    Lease cost: 

    Amortization of right-of-use assets 
    $125,494  
    $52,508  
    $                43,994  
    $19,076 
  
    Interest of operating lease liabilities 
     3,514  
     4,213  
     715  
     1,203 
  
    Total lease cost 
    $129,008  
    $56,721  
    $44,709  
    $20,279 

    24

The table below presents the operating lease related
assets and liabilities held for discontinued operations recorded on the balance sheets.

    March 31, 2025  
    June 30, 2024 

    ROU lease assets 
    $-  
    $712 

     -  

    Operating lease liabilities – current 
     -  
     - 
  
    Operating lease liabilities – non-current 
     -  
     - 
  
    Total operating lease liabilities 
    $-  
    $- 

The weighted average remaining lease terms and discount
rates for all of operating leases held for discontinued operations were as follows as of March 31, 2025 and June 30, 2024:

    March 31, 2025  
    June 30, 2024 

    Remaining lease term and discount rate: 

    Weighted average remaining lease term (years) 
     -  
     0.58 
  
    Weighted average discount rate 
     -  
     4.75%

The components of lease expenses for discontinued
operations