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RETO

ReTo Eco-Solutions, Inc.

RETO

ReTo Eco-Solutions, Inc. • NASDAQ
$2.90 ▲ 0.00% (+0.00)
Market Cap $1.70 M
52w High $35.50
52w Low $1.63
Dividend Yield 0%
P/E -0.01
Volume 224
Outstanding Shares 587.05K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2024 $1.839M ▼ $1.642M ▼ $-678.459K ▲ -36.9% ▲ $-1.25 ▲ $-16.088K ▲
Q4-2023 $2.003M ▲ $4.056M ▼ $-4.422M ▲ -220.823% ▲ $-13.45 ▲ $-3.937M ▲
Q2-2023 $1.234M ▼ $7.099M ▼ $-11.22M ▼ -909.377% ▼ $-103.15 $-11.152M ▼
Q4-2022 $3.584M ▲ $9.007M ▲ $-8.953M ▼ -249.814% ▼ $-103.15 ▼ $-9.094M ▼
Q2-2022 $2.89M $6.032M $-5.676M -196.416% $-82.4 $-4.882M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $671.355K ▼ $34.257M ▲ $4.332M ▼ $29.925M ▲
Q2-2024 $1.552M ▲ $33.672M ▲ $19.895M ▼ $13.327M ▲
Q4-2023 $1.414M ▲ $25.245M ▲ $20.394M ▼ $4.355M ▲
Q2-2023 $233.839K ▲ $20.343M ▼ $21.17M ▲ $-1.327M ▼
Q4-2022 $113.895K $24.058M $18.984M $4.239M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2024 $-678.459K ▼ $-4.755M ▼ $-3.951M ▼ $9.323M ▲ $138.786K ▲ $-4.755M ▼
Q4-2023 $29.598M ▲ $0 $0 $0 $0 ▼ $0
Q2-2023 $-45.24M ▼ $0 ▲ $0 ▲ $0 ▼ $119.944K ▲ $0 ▲
Q4-2022 $-8.953M ▼ $-691.426K ▲ $-1.534M ▼ $1.428M ▼ $-718.494K ▼ $-1.978M ▲
Q2-2022 $-5.676M $-9.27M $3.845M $5.26M $374.894K $-9.437M

Revenue by Products

Product Q2-2022
Other Services Member
Other Services Member
 $0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past several years, ReTo’s income statement reads more like that of a company in survival mode than one in growth mode. Reported revenue is extremely low, effectively indicating that the business has not been operating at meaningful commercial scale. Gross profit is essentially non‑existent, so there is little evidence of a profitable core product engine. Operating results have been consistently negative, with losses every year and no sustained signs of improvement. The company has also reported net losses throughout the period. The very large swings in earnings per share mostly reflect repeated reverse stock splits and capital structure changes rather than a dramatic change in the underlying business performance. Overall, this looks like a company struggling to turn technology and projects into a stable, profitable revenue base.

Balance Sheet

Balance Sheet The balance sheet is very small and looks fragile. Total assets are limited, which underlines how modest the company’s scale is. Reported cash is effectively zero, at least at the level of detail shown, which raises questions about liquidity and how day‑to‑day operations are funded. There is some debt on the books, not huge in absolute terms, but it sits on top of a very thin equity base. Equity has almost disappeared at times and then been rebuilt, suggesting recurring losses have eroded capital and that the company has likely relied on new equity moves to stay afloat. Multiple reverse stock splits also hint at pressure to maintain listing standards. In simple terms, the financial cushion is thin, and the balance sheet does not provide much room for prolonged missteps.

Cash Flow

Cash Flow Cash flow does not show a self‑funding business. Operating cash flow has hovered around breakeven to slightly negative in most years, which means the company has not been consistently converting its activities into cash. Capital spending has been very modest, consistent with an asset‑light model and outsourced manufacturing. Free cash flow has therefore been close to zero or mildly negative, implying that any strategic pivots or growth initiatives likely depend on external financing rather than internal cash generation. For an innovator trying new markets, this limited cash‑flow support adds execution risk: new ideas need to gain traction relatively quickly, or the company may need to raise additional capital or cut back ambitions.

Competitive Edge

Competitive Edge On paper, ReTo has built a distinctive niche in eco‑friendly construction materials by turning industrial and construction waste into usable products. Its proprietary technologies, experience in China’s environmental sector, and ability to deliver equipment plus services as a one‑stop solution do provide a form of competitive edge. Using waste as feedstock can also be a cost advantage versus traditional materials. However, the financial data show that this technical positioning has not yet translated into a strong, profitable market presence. The company remains very small, with limited bargaining power compared with larger construction materials and equipment players. The recent pivot into craft beer and smart beer machines significantly blurs the competitive story: instead of deepening its moat in one domain, ReTo is now stretching across unrelated markets, which can dilute focus and strain already limited resources. The competitive position is interesting in concept but unproven in commercial outcomes.

Innovation and R&D

Innovation and R&D Innovation is clearly the company’s strong suit. ReTo has developed technologies to stabilize and reuse solid waste, digital paving systems with a top university partner, and even 3D printing using industrial waste, including work showcased around the Beijing Winter Olympics. It also supplies automated production lines for waste‑based building materials, and has moved into intelligent equipment and IoT‑related solutions through its Yile IoT subsidiary and a government‑approved R&D center. The acquisition of a craft beer business and the launch of smart beer machines show a willingness to apply its “intelligent equipment” and IoT capabilities in new consumer and industrial niches. The main gap is not in creativity but in monetization: despite this breadth of ideas and projects, the historical numbers do not yet show strong revenue or profits flowing from these innovations. The core question is whether ReTo can convert its technology portfolio into scalable, reliable income before its limited financial resources become a binding constraint.

Summary

ReTo Eco‑Solutions is a highly experimental, innovation‑driven company operating on a very small and financially fragile base. Its original eco‑materials business is conceptually attractive, with proprietary technologies, environmental tailwinds, and interesting partnerships. On top of that, the company is now pursuing a bold diversification into intelligent equipment and even the craft beer ecosystem through smart beer machines and a related acquisition. However, the hard financial evidence so far is that revenue remains minimal, losses are recurring, cash generation is weak, and the balance sheet is thin. Multiple reverse stock splits and a volatile equity base point to ongoing capital structure pressure. The future of ReTo depends heavily on execution: it must prove it can turn its technologies and new ventures into meaningful, cash‑generating businesses while managing funding risk and staying focused enough to build real commercial strength in at least one of its chosen markets.

NEWS

November 13, 2025 · 4:15 PM UTC

ReTo Eco-Solutions, Inc. to Hold Its Annual Meeting of Shareholders at Its Headquarters on December 23, 2025 Beijing Time

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October 29, 2025 · 11:30 PM UTC

ReTo Eco-Solutions, Inc. Announces Share Combination

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October 29, 2025 · 9:00 AM UTC

ReTo Provides Update on Strategic Refocus Following Recent Leadership Transition

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