NASDAQ : RETO
ReTo Eco-Solutions, Inc. — Financial statements
Materials · Building Materials · China
Last price 0.5567 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.17M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
ReTo Eco-Solutions, Inc. (RETO) reported revenue of 3.37M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.37M | 3.37M | 1.83M | 10.78K | 204.50K | 3.60M |
| Cost of Revenue | 2.18M | 2.18M | 1.00M | 9.24K | 203.35K | 3.21M |
| Gross Profit | 1.19M | 1.19M | 825.20K | 1.54K | 1.15K | 385.73K |
| Selling, General & Admin | 3.70M | 3.70M | 4.26M | 6.51M | 5.85M | 5.45M |
| Research & Development | 361.08K | 361.08K | 498.17K | 346.95K | ||
| Operating Expenses | 4.15M | 4.15M | 4.96M | 6.48M | 5.87M | 8.04M |
| Operating Income | -2.96M | -2.96M | -4.13M | -6.48M | -5.87M | -7.66M |
| Interest Expense | -982.28K | -982.28K | -3.18K | -92.14K | -195.32K | -103.34K |
| Interest & Investment Income | 516.00 | 516.00 | 1.17K | 63.00 | 32.00 | 1.90K |
| Earnings From Equity Investments | -142.67K | |||||
| Other Non Operating Income (Expenses) | 37.94K | 37.94K | -602.23K | -22.00 | 61.94K | -26.99K |
| EBT Excluding Unusual Items | -3.91M | -3.91M | -4.74M | -6.57M | -6.00M | -7.93M |
| Impairment of Goodwill | -7.98M | -7.98M | ||||
| Gain (Loss) on Sale of Assets | -3.58M | -6.29M | ||||
| Asset Writedown | -725.94K | -725.94K | -4.34M | |||
| Other Unusual Items | 47.81K | -467.38K | -1.91M | |||
| Pretax Income | -12.61M | -12.61M | -8.31M | -6.53M | -6.47M | -20.47M |
| Income Tax Expense | 3.47K | |||||
| Earnings From Continuing Operations | -12.61M | -12.61M | -8.31M | -6.53M | -6.47M | -20.48M |
| Earnings From Discontinued Operations | -74.35K | -9.54M | -8.91M | -1.60M | ||
| Net Income to Company | -12.61M | -12.61M | -8.39M | -16.07M | -15.38M | -22.07M |
| Minority Interest in Earnings | 273.49K | 273.49K | 34.27K | 427.33K | 750.60K | 969.11K |
| Net Income | -12.34M | -12.34M | -8.35M | -15.64M | -14.63M | -21.10M |
| Net Income to Common | -12.34M | -12.34M | -8.35M | -15.64M | -14.63M | -21.10M |
| Free Cash Flow | -5.07M | -5.07M | -3.68M | -11.64M | -9.96M | -5.33M |
| Gross Margin | 35.29% | 35.29% | 45.12% | 14.29% | 0.56% | 10.71% |
| Operating Margin | -87.85% | -87.85% | -225.87% | -60,124.59% | -2,870.60% | -212.69% |
| Profit Margin | -366.08% | -366.08% | -456.68% | -145,086.12% | -7,153.75% | -586.23% |
| Free Cash Flow Margin | -150.39% | -150.39% | -201.34% | -107,945.24% | -4,871.43% | -148.19% |
| EBITDA | -2.69M | -2.69M | -4.10M | -6.48M | -5.25M | -6.78M |
| EBITDA Margin | -79.79% | -79.79% | -224.09% | -188.36% | ||
| D&A For EBITDA | 271.74K | 271.74K | 32.46K | 3.84K | 621.80K | 875.70K |
| EBIT | -2.96M | -2.96M | -4.13M | -6.48M | -5.87M | -7.66M |
| EBIT Margin | -87.85% | -87.85% | -225.87% | -212.69% | ||
| Revenue as Reported | 3.37M | 3.37M | 1.83M | 10.78K | 204.50K | 3.60M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 250.01K | 250.01K | 671.36K | 152.49K | 113.89K | 457.50K |
| Cash & Short-Term Investments | 250.01K | 250.01K | 671.36K | 152.49K | 113.89K | 457.50K |
| Accounts Receivable | 332.98K | 332.98K | 145.85K | 2.23M | 535.29K | |
| Other Receivables | 19.57K | 19.57K | 24.05K | 358.66K | 402.15K | 7.45M |
| Receivables | 352.54K | 352.54K | 169.90K | 358.66K | 2.64M | 7.98M |
| Inventory | 569.09K | 569.09K | 522.19K | 922.00 | 791.69K | 4.59M |
| Restricted Cash | 5.98K | 5.98K | ||||
| Other Current Assets | 141.96K | 141.96K | 5.20K | 9.95M | 4.00M | |
| Total Current Assets | 1.32M | 1.32M | 1.37M | 10.46M | 7.54M | 13.03M |
| Property, Plant & Equipment | 299.84K | 299.84K | 49.58K | 74.90K | 9.15M | 9.99M |
| Long-Term Investments | 2.50M | 2.76M | ||||
| Goodwill | 1.08M | |||||
| Other Intangible Assets | 7.28M | 7.28M | 7.65M | 132.00 | 4.87M | 4.11M |
| Other Long-Term Assets | 22.94M | 22.94M | 25.18M | 14.71M | ||
| Total Assets | 31.84M | 31.84M | 34.26M | 25.25M | 24.06M | 30.96M |
| Accounts Payable | 137.05K | 137.05K | 37.87K | 38.29K | 2.62M | 2.13M |
| Accrued Expenses | 3.60M | 3.60M | 2.42M | 1.89M | 3.09M | 3.55M |
| Short-Term Debt | 2.04M | 2.04M | 109.60K | 6.35M | 6.06M | |
| Current Portion of Leases | 126.32K | 126.32K | 277.04K | 155.86K | ||
| Current Income Taxes Payable | 177.83K | 177.83K | 170.37K | 175.16K | 1.70M | 2.16M |
| Current Unearned Revenue | 18.56K | 269.06K | ||||
| Other Current Liabilities | 350.56K | 350.56K | 1.21M | 15.21M | 3.28M | 2.06M |
| Total Current Liabilities | 6.43M | 6.43M | 3.95M | 17.31M | 17.67M | 16.76M |
| Long-Term Debt | 189.76K | 189.76K | 112.68K | 1.16M | ||
| Long-Term Leases | 81.45K | 81.45K | 158.65K | 120.56K | ||
| Other Long-Term Liabilities | 400.39K | 400.39K | 383.60K | 2.97M | ||
| Total Liabilities | 7.10M | 7.10M | 4.33M | 20.39M | 18.98M | 16.88M |
| Common Stock | 10.00K | 10.00K | 10.00K | 120.52K | 43.40K | 28.97K |
| Additional Paid-In Capital | 104.44M | 104.44M | 100.74M | 68.88M | 53.33M | 46.78M |
| Retained Earnings | -83.08M | -83.08M | -70.74M | -62.39M | -46.75M | -32.12M |
| Comprehensive Income & Other | -219.34K | -219.34K | -85.14K | -2.25M | -2.39M | -1.14M |
| Total Common Equity | 21.15M | 21.15M | 29.92M | 4.35M | 4.24M | 13.55M |
| Minority Interest | 3.59M | 3.59M | 496.35K | 835.58K | 532.12K | |
| Shareholders' Equity | 24.74M | 24.74M | 29.92M | 4.85M | 5.07M | 14.08M |
| Total Liabilities & Equity | 31.84M | 31.84M | 34.26M | 25.25M | 24.06M | 30.96M |
| Total Debt | 2.44M | 2.44M | 109.60K | 112.68K | 7.94M | 6.34M |
| Net Cash (Debt) | -2.19M | -2.19M | 561.75K | 39.81K | -7.83M | -5.88M |
| Filing Date Shares Outstanding | 163.49K | 163.49K | 16.66K | 301.00 | 134.00 | 83.00 |
| Total Common Shares Outstanding | 23.59K | 23.59K | 301.00 | 108.00 | 72.00 | |
| Working Capital | -5.11M | -5.11M | -2.58M | -6.85M | -10.13M | -3.73M |
| Book Value Per Share | 896.66 | 896.66 | 14,467.86 | 39,249.55 | 188,224.35 | |
| Tangible Book Value | 13.87M | 13.87M | 22.27M | 4.35M | -630.70K | 8.37M |
| Tangible Book Value Per Share | 588.14 | 588.14 | 14,467.43 | -5,839.84 | 116,185.36 | |
| Machinery | 404.64K | 404.64K | 18.15K | 18.66K | 2.42M | 2.50M |
| Construction In Progress | 2.58M | |||||
| Leasehold Improvements | 29.03K | 29.03K | 27.81K | 28.59K | 43.52K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -12.34M | -12.34M | -8.35M | -15.64M | -14.63M | -21.10M |
| Depreciation & Amortization | 413.73K | 413.73K | 40.80K | 8.78K | 997.47K | |
| Loss (Gain) From Sale of Assets | 3.58M | 6.30M | ||||
| Asset Writedown & Restructuring Costs | 8.71M | 8.71M | 4.34M | |||
| Loss (Gain) on Equity Investments | 142.67K | |||||
| Stock-Based Compensation | 2.35M | 4.91M | 4.03M | 1.91M | ||
| Provision & Write-off of Bad Debts | 2.25M | |||||
| Other Operating Activities | 626.16K | 626.16K | 40.08K | 9.30M | 9.24M | 2.91M |
| Change in Accounts Receivable | -220.64K | -220.64K | -258.18K | 724.53K | ||
| Change in Inventory | 89.96K | 89.96K | -528.80K | 43.67K | -41.45K | 1.36M |
| Change in Accounts Payable | 54.90K | 54.90K | 629.00 | 78.36K | 36.25K | 1.02M |
| Change in Unearned Revenue | -261.20K | |||||
| Change in Income Taxes | 8.40K | 8.40K | 2.47K | 51.38K | -25.77K | 76.42K |
| Change in Other Net Operating Assets | -1.77M | -1.77M | 6.20M | 347.96K | -122.90K | -701.21K |
| Operating Cash Flow | -4.34M | -4.34M | 3.08M | -11.59M | -9.96M | -2.76M |
| Capital Expenditures | -728.33K | -728.33K | -6.76M | -46.83K | -2.57M | |
| Cash Acquisitions | -1.43M | -1.43M | -18.52M | 21.34K | ||
| Divestitures | 80.00K | 2.65M | ||||
| Sale (Purchase) of Intangibles | -7.39M | -395.00 | ||||
| Other Investing Activities | 24.05K | 24.05K | -987.51K | 398.91K | 4.24M | -1.84M |
| Investing Cash Flow | -2.15M | -2.15M | -33.58M | 351.68K | 4.24M | -1.74M |
| Short-Term Debt Issued | 1.48M | 1.48M | 866.86K | 503.94K | 3.33M | 7.27M |
| Long-Term Debt Issued | 3.44M | 3.44M | 111.18K | 112.98K | 10.40K | |
| Total Debt Issued | 4.92M | 4.92M | 978.04K | 616.92K | 3.34M | 7.27M |
| Short-Term Debt Repaid | -101.18K | -101.18K | -532.25K | -652.08K | -6.56M | |
| Long-Term Debt Repaid | -209.39K | -209.39K | -111.18K | -1.39M | ||
| Total Debt Repaid | -310.57K | -310.57K | -643.43K | -652.08K | -7.96M | |
| Net Debt Issued (Repaid) | 4.61M | 4.61M | 334.61K | -35.16K | 3.34M | -684.36K |
| Issuance of Common Stock | 1.43M | 1.43M | 29.40M | 6.60M | 4.40M | |
| Other Financing Activities | 47.46K | 5.90M | -2.99M | 4.73M | ||
| Financing Cash Flow | 6.04M | 6.04M | 29.78M | 12.47M | 4.76M | 4.05M |
| Foreign Exchange Rate Adjustments | 37.58K | 37.58K | -21.81K | 73.52K | 619.72K | -203.65K |
| Net Cash Flow | -415.37K | -415.37K | -742.31K | 1.30M | -343.60K | -663.35K |
| Free Cash Flow | -5.07M | -5.07M | -3.68M | -11.64M | -9.96M | -5.33M |
| Free Cash Flow Margin | -150.39% | -150.39% | -201.34% | -107,945.24% | -4,871.43% | -148.19% |
| Levered Free Cash Flow | -2.73M | -2.73M | -18.20M | 4.15M | 5.89M | -8.34M |
| Unlevered Free Cash Flow | -2.11M | -2.11M | -18.20M | 4.21M | 6.02M | -8.27M |
| Cash Interest Paid | 82.63K | 82.63K | 3.18K | 195.32K | 990.58K | |
| Cash Income Tax Paid | 3.27K | |||||
| Change in Working Capital | -1.84M | -1.84M | 5.41M | 521.37K | -153.88K | 2.21M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.36M | 3.55M | 17.08M | 13.29M | 17.55M | 47.60M |
| Enterprise Value | 6.54M | 6.53M | 25.09M | 24.48M | 24.69M | 66.19M |
| Last Close Price | 4.45 | 152.80 | 3,560.00 | 14,204.00 | 164,000.00 | 680,000.00 |
| PS Ratio | 1.24 | 1.05 | 9.34 | 1,233.18 | 85.81 | 13.22 |
| PB Ratio | 0.17 | 0.14 | 0.57 | 2.74 | 3.46 | 3.38 |
| P/TBV Ratio | 0.30 | 0.26 | 0.77 | 3.05 | 5.69 | |
| P/OCF Ratio | 5.55 | |||||
| EV/Sales Ratio | 1.89 | 1.94 | 13.72 | 2,270.54 | 120.75 | 18.39 |
| Debt / Equity Ratio | 0.10 | 0.10 | 0.00 | 0.02 | 1.56 | 0.45 |
| Net Debt / Equity Ratio | 0.09 | 0.09 | -0.02 | -0.01 | 1.54 | 0.42 |
| Net Debt / EBITDA Ratio | -0.81 | -0.81 | 0.14 | 0.01 | -1.49 | -0.87 |
| Net Debt / FCF Ratio | -0.43 | -0.43 | 0.15 | 0.00 | -0.79 | -1.10 |
| Asset Turnover | 0.10 | 0.10 | 0.06 | 0.00 | 0.01 | 0.08 |
| Inventory Turnover | 4.00 | 4.00 | 3.84 | 0.02 | 0.08 | 0.64 |
| Quick Ratio | 0.09 | 0.09 | 0.21 | 0.03 | 0.16 | 0.50 |
| Current Ratio | 0.20 | 0.20 | 0.35 | 0.60 | 0.43 | 0.78 |
| Return on Equity (ROE) | -46.15% | -46.15% | -47.81% | -131.50% | -67.55% | -97.41% |
| Return on Assets (ROA) | -5.60% | -5.60% | -8.68% | -16.43% | -13.34% | -10.76% |
| Return on Invested Capital (ROIC) | -11.00% | -10.52% | -24.18% | -73.18% | -35.72% | -27.30% |
| Return on Capital Employed (ROCE) | -11.70% | -11.70% | -13.60% | -81.70% | -91.80% | -53.90% |
| Earnings Yield | -295.75% | -347.57% | -48.91% | -117.65% | -83.37% | -44.34% |
| FCF Yield | -121.50% | -142.79% | -21.56% | -87.53% | -56.77% | -11.21% |