Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

ReTo Eco-Solutions, Inc. (RETO) had Return on Tangible Equity of -7506.90% for the most recently reported fiscal year, ending 2022-12-31.

Quarterly Annual

Figures for fiscal year ending 2022-12-31

Income Statement Financials
Revenue	$6.47M
Net Income	$-14.63M
Cost of Goods Sold	$5.67M
Gross Profit	$0.81M
Operating Expenses	$20.71M
Operating Income	$-14.23M
Non-Operating Income/Expense	$-1.16M
Pre-Tax Income	$-15.40M
Normalized Pre-Tax Income	$-14.89M
Income after Taxes	$-15.38M
Income from Continuous Operations	$-15.38M
Consolidated Net Income/Loss	$-15.38M
Normalized Income after Taxes	$-14.87M
EBIT	$-14.23M
EBITDA	$-13.61M
Weighted-Average Shares Outstanding (Basic)	0.39M
Weighted-Average Shares Outstanding (Diluted)	0.39M
Earnings per Share (EPS) (Basic)	$-38.00
Earnings per Share (EPS) (Diluted)	$-38.00
Balance Sheet Financials
Current Assets	$7.54M
Property, Plant, and Equipment	$8.72M
Long-Term Assets	$16.52M
Total Assets	$24.06M
Current Liabilities	$17.66M
Long-Term Debt	$1.16M
Long-Term Liabilities	$1.32M
Total Liabilities	$18.98M
Common Equity	$5.07M
Tangible Shareholders Equity	$0.20M
Shareholders Equity	$5.07M
Common Shares Outstanding	0.43M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-9.96M
Cash Flow from Investing Activities	$4.24M
Cash Flow from Financial Activities	$4.76M
Beginning Cash	$0.46M
End Cash	$0.11M
Increase/Decrease in Cash	$-0.34M
Stock-Based Compensation	$4.03M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.43
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.19
Debt to Equity Ratio	1.48
Gross Margin	12.46%
Operating Margin	-219.85%
EBIT Margin	-219.85%
EBITDA Margin	-210.25%
Pre-Tax Profit Margin	-237.84%
Profit Margin	-225.98%
Free Cash Flow	$-10.11M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.27
Inventory Turnover	16.78
Receiveable Turnover	2.65
Days Sales in Receivables	137.71
Return on Equity	-303.08%
Return on Tangible Equity	-7506.90%
Return on Assets	-63.93%
Return on Investments	-246.69%
Book Value Per Share	$11.69
Free Cash Flow per Share	$-26.06
Operating Cash Flow per Share	$-25.67

Data from Zacks Investment Research, Inc.