ReTo Eco-Solutions, Inc. (RETO)

ReTo Eco-Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.55	1.41	0.11	0.46	1.06	0.9
Cash & Short-Term Investments	1.55	1.41	0.11	0.46	1.06	0.9
Cash Growth	563.90%	1141.20%	-75.10%	-56.76%	17.93%	-38.48%
Accounts Receivable	0.74	1.17	2.23	0.54	3.06	11.72
Other Receivables	0.53	0.64	0.4	7.45	0.81	0.16
Receivables	1.27	1.81	2.64	7.98	3.86	11.88
Inventory	12.65	5.43	0.79	4.59	5.44	3.34
Prepaid Expenses	-	-	-	-	0.49	0.28
Restricted Cash	-	-	-	-	-	0.08
Other Current Assets	4.13	1.81	4	-	2.43	8.99
Total Current Assets	19.6	10.46	7.54	13.03	13.28	25.46
Property, Plant & Equipment	7.68	7.99	9.15	9.99	11.75	37.96
Long-Term Investments	2.23	2.34	2.5	2.76	2.84	0.03
Goodwill	-	-	-	1.08	-	-
Other Intangible Assets	4.16	4.45	4.87	4.11	1.53	6.15
Other Long-Term Assets	-	-	-	-	28.58	1.19
Total Assets	33.67	25.25	24.06	30.96	57.97	70.8
Accounts Payable	2.96	2.98	2.62	2.13	0.66	2.64
Accrued Expenses	3.48	3.57	3.09	3.55	1.26	2.85
Short-Term Debt	8.38	6.66	6.35	6.06	8.26	8.71
Current Portion of Long-Term Debt	-	-	-	-	0.61	1.44
Current Portion of Leases	0.13	0.09	0.28	0.16	0.11	0.18
Current Income Taxes Payable	1.62	1.65	1.7	2.16	2.15	1.45
Current Unearned Revenue	0	0	0.02	0.27	0.03	0.47
Other Current Liabilities	2.45	2.06	3.28	2.06	9.91	7.49
Total Current Liabilities	19.29	17.31	17.67	16.76	22.99	25.22
Long-Term Debt	0.48	2.98	1.16	-	-	7.32
Long-Term Leases	0.13	0.1	0.16	0.12	0.24	0.3
Long-Term Unearned Revenue	-	-	-	-	0.49	-
Other Long-Term Liabilities	-	-	-	-	6.29	-
Total Liabilities	19.89	20.39	18.98	16.88	30.01	32.84
Common Stock	0.38	0.12	0.04	0.03	0.02	0.02
Additional Paid-In Capital	78.75	68.88	53.33	46.78	43.71	42.73
Retained Earnings	-63.07	-62.39	-46.75	-32.12	-14.86	-3.09
Comprehensive Income & Other	-2.73	-2.25	-2.39	-1.14	-1.6	-3.53
Total Common Equity	13.33	4.35	4.24	13.55	27.28	36.14
Minority Interest	0.45	0.5	0.84	0.53	0.69	1.82
Shareholders' Equity	13.78	4.85	5.07	14.08	27.96	37.95
Total Liabilities & Equity	33.67	25.25	24.06	30.96	57.97	70.8
Total Debt	9.11	9.83	7.94	6.34	9.23	17.95
Net Cash (Debt)	-7.56	-8.42	-7.83	-5.88	-8.17	-17.06
Net Cash Per Share	-3.97	-10.46	-20.18	-22.49	-33.89	-74.52
Filing Date Shares Outstanding	3.83	1.21	0.54	0.33	0.25	0.24
Total Common Shares Outstanding	3.83	1.21	0.43	0.29	0.24	0.23
Working Capital	0.32	-6.85	-10.13	-3.73	-9.72	0.25
Book Value Per Share	3.48	3.61	9.77	46.79	113.01	156.03
Tangible Book Value	9.17	-0.1	-0.63	8.37	25.74	29.99
Tangible Book Value Per Share	2.40	-0.08	-1.45	28.88	106.66	129.49
Machinery	-	2.23	2.42	2.5	2.45	5.91
Construction In Progress	-	0.09	-	2.58	-0.31	0.11
Leasehold Improvements	-	0.07	0.04	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.