ReTo Eco-Solutions, Inc.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsReTo Eco-Solutions, Inc. is a BVI-incorporated Nasdaq-listed company (RETO) reporting under U.S. GAAP with principal executive offices in Beijing, China.
What they do
The filing namespace indicates ReTo operates through subsidiaries in the PRC, including ReTo Hengda, Honghe ReTo, and Beijing REIT. It has a 51% ownership interest in MeinMalzeBier Holdings Limited (MMB), which controls Shenzhen MMB, and previously held REIT Holdings (China) Limited until the December 2024 Divestiture.
Revenue drivers
- Ecological technology operations — Subsidiaries such as Honghe ReTo Ecological Technology Co., Ltd. and ReTo Hengda are identified as wholly owned PRC operating entities, but the excerpts do not quantify revenue by segment or product line.
- MeinMalzeBier / Shenzhen MMB — ReTo holds a 51% interest in MMB, which controls Shenzhen MeinMalzeBier Catering Management Co., Ltd.; no revenue contribution is disclosed in the excerpts.
- Legacy Beijing REIT operations — Beijing REIT was a wholly owned subsidiary of REIT Holdings (China) Limited prior to the December 2024 Divestiture, after which the company sold all shares of REIT Holdings.
Recent performance
Revenue was $3.4 million in 2025, up from $1.8 million in 2024 but still below 2021's $3.6 million; 2022 and 2023 revenue were only $204,495 and $10,781 respectively. Net loss was $12.3 million in 2025, widening from $8.4 million in 2024, and marking the fifth consecutive annual loss. Operating cash flow was negative $4.3 million in 2025 versus positive $3.1 million in 2024. Diluted EPS was negative $25.84 in 2025, an improvement from negative $50.92 in 2024 and negative $972.08 in 2023. Cash and equivalents stood at only $250,008 at December 31, 2025.
Strategy
The excerpts do not contain management's stated strategy. The filing shows the company completed the December 2024 Divestiture of REIT Holdings (China) Limited and retains a 51% interest in MeinMalzeBier Holdings Limited. No specific investments, priorities, or forward plans are described in the provided text.
Risks
- Going concern / liquidity — Cash and equivalents were just $250,008 at December 31, 2025 against a $12.3 million annual net loss and negative $4.3 million operating cash flow.
- Persistent losses — The company has reported net losses every year from 2021 through 2025, totaling approximately $73 million over that period.
- Revenue volatility — Revenue collapsed from $3.6 million in 2021 to $10,781 in 2023 before partially recovering to $3.4 million in 2025, indicating an unstable business base.
- PRC and BVI structural complexity — Operations are conducted through PRC subsidiaries while the parent is a BVI company, and the December 2024 Divestiture removed a wholly owned China holding entity, which may complicate oversight and reporting.
Outlook
The excerpts do not include management's outlook or forward guidance. No specific revenue, margin, or cash flow targets are provided. The company's most recent reported balance sheet shows minimal cash and a $12.3 million annual net loss, with no stated plan in the excerpts to address these conditions.