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Planet Green Holdings Corp

planetgreenholdings.com

What Do They Do?

Sells dark tea to consumers and distributors, fuel products to business users, and provides online advertising services.

How Do They Make Money?

The company sells refueling equipment, industrial chemicals and tea products; sales proceeds may arrive in advance, and most related orders are fulfilled in the following reporting period.

FY2025 revenue

Who Are Their Customers?

Tea products go mainly to regional distributors and wholesale customers through direct sales, sales agents and established distribution channels. Fuel customers, including transportation providers, industrial users and fleet operators, buy directly, through refueling facilities or through partner arrangements.

Do Revenues Turn Into Profits?

No. It lost $27M in FY2025.

Operating income, FY2025
−580% of revenue
▲ +584% (Loss) vs FY2024 (−$2.6M, −55%)
Net income, FY2025
−887% of revenue
▲ +268% (Loss) vs FY2024 (−$7.3M, −156%)
Free cash flow, FY2025
−59% of revenue
▼ Now a loss vs FY2024 ($810.6K, 17%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +25146%
vs $3.1K in Q2 FY2025
Net income
▲ +17% (Loss)
vs −$773.6K in Q2 FY2025
  • Aug 13, 2026 Starts sourcing and distributing lactoferrin for health products The company said lactoferrin would be used in health products, including its chewable immune tablets.
  • Jul 21, 2026 Signs a digital marketing contract with iFLYTEK Its subsidiary will provide marketing services in China through December 2026.
  • Jun 17, 2026 Sells the subsidiary that owned Jingshan The company said Jingshan had ceased active operations and was not generating revenue before the sale.
  • May 28, 2026 CFO resigns and a replacement is appointed Lili Hu resigned effective immediately, and Wei Li was appointed CFO.

Shrinking. Revenue fell 92% in 4 years, from $37.8M in FY2021 to $3M in FY2025, about 47% a year.

More tea formats The earlier report describes brick, black and green teas; the latest adds mini-brick and loose-leaf dark tea products to its tea range.

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