ReTo Historical Income Statement

RETO Stock  USD 1.16  0.02  1.69%   
Historical analysis of ReTo Eco income statement accounts such as Selling And Marketing Expenses of 1.8 M, Total Revenue of 3.1 M, Gross Profit of 199.6 K or Other Operating Expenses of 15.1 M can show how well ReTo Eco Solutions performed in making a profits. Evaluating ReTo Eco income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ReTo Eco's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ReTo Eco Solutions latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ReTo Eco Solutions is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About ReTo Income Statement Analysis

ReTo Eco Solutions Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ReTo Eco shareholders. The income statement also shows ReTo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ReTo Eco Income Statement Chart

At this time, ReTo Eco's Depreciation And Amortization is very stable compared to the past year. As of the 15th of October 2024, Interest Expense is likely to grow to about 656.4 K, though Tax Provision is likely to grow to (15.8 K).

Total Revenue

Total revenue comprises all receipts ReTo Eco Solutions generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ReTo Eco Solutions minus its cost of goods sold. It is profit before ReTo Eco operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from ReTo Eco's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ReTo Eco Solutions current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, ReTo Eco's Depreciation And Amortization is very stable compared to the past year. As of the 15th of October 2024, Interest Expense is likely to grow to about 656.4 K, though Tax Provision is likely to grow to (15.8 K).
 2022 2023 2024 (projected)
Depreciation And Amortization1.1M924.4K1.1M
Interest Income3.2K25.2K23.9K

ReTo Eco income statement Correlations

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ReTo Eco Account Relationship Matchups

ReTo Eco income statement Accounts

201920202021202220232024 (projected)
Tax Provision1.0M570.0K3.5K(17.6K)(16.6K)(15.8K)
Interest Income1.1M4.5K1.9K3.2K25.2K23.9K
Depreciation And Amortization2.4M869.7K1.1M1.1M924.4K1.1M
Interest Expense1.3M1.5M103.3K321.7K420.5K656.4K
Selling General Administrative4.0M4.6M4.6M8.6M9.4M5.6M
Selling And Marketing Expenses1.3M1.3M826.2K3.8M1.2M1.8M
Total Revenue29.6M9.7M3.6M6.5M3.2M3.1M
Gross Profit7.4M1.2M385.7K806.7K210.1K199.6K
Other Operating Expenses27.9M14.8M9.0M19.0M14.2M15.1M
Operating Income2.0M(5.1M)(5.4M)(12.5M)(10.9M)(10.4M)
Net Income From Continuing Ops(12.3M)(15.1M)(20.5M)(15.4M)(16.1M)(15.3M)
Ebit2.0M(3.2M)(7.5M)(13.1M)(10.9M)(10.4M)
Research Development438.4K334.9K347.0K960.6K1.2M686.5K
Ebitda4.3M(2.3M)(6.5M)(12.0M)(10.0M)(9.5M)
Cost Of Revenue22.2M8.6M3.2M5.7M3.0M2.9M
Total Operating Expenses5.7M6.3M5.8M13.3M11.2M8.0M
Income Before Tax(11.3M)(14.6M)(20.5M)(15.4M)(16.1M)(15.3M)
Total Other Income Expense Net(13.2M)(9.5M)(15.1M)(2.9M)(5.1M)(5.4M)
Net Income Applicable To Common Shares4.5M(14.8M)(11.8M)(14.6M)(13.2M)(12.5M)
Net Income(12.3M)(15.1M)(20.5M)(15.4M)(15.6M)(14.9M)
Income Tax Expense1.0M570.0K3.5K(17.6K)(16.6K)(15.8K)
Minority Interest1.8M686.7K969.1K750.6K427.3K406.0K
Net Interest Income(1.2M)(1.5M)(101.4K)(318.5K)(395.3K)(415.1K)
Reconciled Depreciation2.4M2.3M997.5K893.0K924.4K1.2M

Pair Trading with ReTo Eco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ReTo Eco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ReTo Eco will appreciate offsetting losses from the drop in the long position's value.

Moving against ReTo Stock

  0.32CX Cemex SAB dePairCorr
The ability to find closely correlated positions to ReTo Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ReTo Eco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ReTo Eco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ReTo Eco Solutions to buy it.
The correlation of ReTo Eco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ReTo Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ReTo Eco Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ReTo Eco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ReTo Eco Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ReTo Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reto Eco Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reto Eco Solutions Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReTo Eco. If investors know ReTo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReTo Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(190.28)
Revenue Per Share
4.022
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.28)
Return On Equity
(3.24)
The market value of ReTo Eco Solutions is measured differently than its book value, which is the value of ReTo that is recorded on the company's balance sheet. Investors also form their own opinion of ReTo Eco's value that differs from its market value or its book value, called intrinsic value, which is ReTo Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReTo Eco's market value can be influenced by many factors that don't directly affect ReTo Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReTo Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReTo Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReTo Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.