2023 Q4 Form 20-F Financial Statement

#000121390024043803 Filed on May 15, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $2.003M $3.236M $3.584M
YoY Change -44.12% -50.01% 172.01%
Cost Of Revenue $1.886M $3.026M $3.152M
YoY Change -40.16% -46.6% 300.98%
Gross Profit $116.5K $210.1K $431.9K
YoY Change -73.03% -73.96% -18.74%
Gross Profit Margin 5.82% 6.49% 12.05%
Selling, General & Admin -$30.32M $10.60M $8.552M
YoY Change -454.54% -14.29% 550.69%
% of Gross Profit -26030.0% 5046.1% 1980.24%
Research & Development $356.1K $1.166M $454.8K
YoY Change -21.7% 21.39% 143.86%
% of Gross Profit 305.69% 555.07% 105.3%
Depreciation & Amortization $753.3K $87.64K
YoY Change 21.14% -170.55%
% of Gross Profit 358.58% 20.29%
Operating Expenses -$29.96M $11.55M $9.007M
YoY Change -432.69% -28.05% 500.13%
Operating Profit $30.08M -$11.34M -$8.575M
YoY Change -450.8% -25.62% 784.62%
Interest Expense -$227.8K -$490.4K -$138.3K
YoY Change 64.7% -252.43% -136.61%
% of Operating Profit -0.76%
Other Income/Expense, Net $125.7K -$4.741M -$433.6K
YoY Change -128.98% 3148.7% 13.93%
Pretax Income $29.58M -$16.09M -$9.657M
YoY Change -406.28% 4.47% -16.82%
Income Tax -$16.69K -$16.64K -$46.33K
% Of Pretax Income -0.06%
Net Earnings $29.60M -$15.64M -$8.953M
YoY Change -430.59% 1.7% -29.67%
Net Earnings / Revenue 1478.05% -483.32% -249.81%
Basic Earnings Per Share -$19.44
Diluted Earnings Per Share $27.78 -$19.44 -$2.07
COMMON SHARES
Basic Shares Outstanding 37.45M shares 804.6K shares 43.40M shares
Diluted Shares Outstanding 804.6K shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.414M $1.414M $113.9K
YoY Change 1141.15% 1141.15% -75.1%
Cash & Equivalents $1.414M $1.414M $113.9K
Short-Term Investments
Other Short-Term Assets $7.386M $7.100M $4.241M
YoY Change 74.15% 67.42% -6.05%
Inventory $136.2K $136.2K $337.8K
Prepaid Expenses
Receivables $1.062M $1.170M $2.150M
Other Receivables $358.7K $644.3K $610.4K
Total Short-Term Assets $10.46M $10.46M $7.537M
YoY Change 38.84% 38.84% -42.16%
LONG-TERM ASSETS
Property, Plant & Equipment $7.761M $7.993M $8.722M
YoY Change -11.02% -12.62% -12.65%
Goodwill $1.076M $1.076M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $2.337M $2.337M $2.504M
YoY Change -6.65% -6.65% -9.22%
Other Assets
YoY Change
Total Long-Term Assets $14.78M $14.78M $16.52M
YoY Change -10.53% -10.53% -7.86%
TOTAL ASSETS
Total Short-Term Assets $10.46M $10.46M $7.537M
Total Long-Term Assets $14.78M $14.78M $16.52M
Total Assets $25.25M $25.25M $24.06M
YoY Change 4.93% 4.93% -22.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.978M $2.978M $2.625M
YoY Change 13.45% 13.45% 23.14%
Accrued Expenses $3.330M $3.330M $2.994M
YoY Change 11.21% 11.21% -8.11%
Deferred Revenue $1.712M $2.551M
YoY Change -32.88%
Short-Term Debt $5.387M $5.387M $6.348M
YoY Change -15.14% -15.14% 13.52%
Long-Term Debt Due $2.977M $1.275M $1.160M
YoY Change 156.65% 15.25%
Total Short-Term Liabilities $17.31M $17.31M $17.67M
YoY Change -1.99% -1.99% 5.42%
LONG-TERM LIABILITIES
Long-Term Debt $2.977M $2.977M $1.160M
YoY Change 156.65% 156.65%
Other Long-Term Liabilities $103.8K $103.8K $158.7K
YoY Change -34.55% -34.55% 31.59%
Total Long-Term Liabilities $3.081M $3.081M $1.160M
YoY Change 165.6% 133.65% 862.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.31M $17.31M $17.67M
Total Long-Term Liabilities $3.081M $3.081M $1.160M
Total Liabilities $20.39M $20.89M $18.98M
YoY Change 7.43% 5.4% 9.05%
SHAREHOLDERS EQUITY
Retained Earnings -$63.46M -$47.81M
YoY Change 32.73% 43.38%
Common Stock $69.00M $43.40K
YoY Change 158878.74% 49.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.355M $4.355M $4.239M
YoY Change
Total Liabilities & Shareholders Equity $25.25M $25.25M $24.06M
YoY Change 4.93% 4.93% -22.3%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income $29.60M -$15.64M -$8.953M
YoY Change -430.59% 1.7% -29.67%
Depreciation, Depletion And Amortization $753.3K $87.64K
YoY Change 21.14% -170.55%
Cash From Operating Activities -$11.59M -$691.4K
YoY Change 16.35% -61.33%
INVESTING ACTIVITIES
Capital Expenditures $160.1K $1.287M
YoY Change 7.07% 245.2%
Acquisitions
YoY Change
Other Investing Activities $511.8K $1.067M
YoY Change -91.02% -161.84%
Cash From Investing Activities $351.7K -$219.5K
YoY Change -91.71% -83.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.600M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $12.47M 113.1K
YoY Change 162.11% -96.83%
NET CHANGE
Cash From Operating Activities -$11.59M -691.4K
Cash From Investing Activities $351.7K -219.5K
Cash From Financing Activities $12.47M 113.1K
Net Change In Cash $1.300M -797.8K
YoY Change -478.28% -288.48%
FREE CASH FLOW
Cash From Operating Activities -$11.59M -$691.4K
Capital Expenditures $160.1K $1.287M
Free Cash Flow -$11.75M -$1.978M
YoY Change 16.21% -8.45%

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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-663345 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
113895 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
457495 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1120840 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1413669 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
113895 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
457495 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
420514 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
321686 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
990580 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
3268 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
101158 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
493731 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
132336 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
50545 usd
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
64230 usd
CY2022 reto Purchase Of Noncontrolling Interest
PurchaseOfNoncontrollingInterest
0.30 pure
CY2022 reto Transfer From Accounts Payable To Fixed Assets
TransferFromAccountsPayableToFixedAssets
743000 usd
CY2021 reto Addition To Account Receivable From Disposal Of Reit Changjiang
AdditionToAccountReceivableFromDisposalOfREITChangjiang
4666938 usd
CY2023 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
4111080 usd
CY2022 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
1799314 usd
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
3930000 usd
CY2022 reto Withdrawal Of Capital By Original Minority Shareholder In Reit Changjiang
WithdrawalOfCapitalByOriginalMinorityShareholderInREITChangjiang
2843432 usd
CY2021 reto Share To Be Issued For Acquisition Of Reit Mingde
ShareToBeIssuedForAcquisitionOfREITMingde
1573800 usd
CY2023Q4 reto Allowances For Doubtful Accounts Advances To Suppliers
AllowancesForDoubtfulAccountsAdvancesToSuppliers
3138 usd
CY2022Q4 reto Allowances For Doubtful Accounts Advances To Suppliers
AllowancesForDoubtfulAccountsAdvancesToSuppliers
449517 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif"><b>Use of Estimates</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif">The preparation of financial statements in conformity with U.S. GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif">Significant estimates required to be made by management include, but are not limited to, the valuation of accounts receivable, inventories, advances to suppliers, useful lives of property, plant and equipment, intangible assets, the recoverability of long-lived assets, provision necessary for contingent liabilities, revenue recognition under the input method, and realization of deferred tax assets. Actual results could differ from those estimates.</span></p>
CY2023Q4 reto Allowances For Doubtful Accounts Receivables
AllowancesForDoubtfulAccountsReceivables
2146679 usd
CY2022Q4 reto Allowances For Doubtful Accounts Receivables
AllowancesForDoubtfulAccountsReceivables
1771761 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
259621 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
31527 usd
CY2022 reto Impairment Loss
ImpairmentLoss
1018870 usd
CY2022 reto Impairment Loss
ImpairmentLoss
6856458 cny
CY2023 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
400000 usd
CY2021 us-gaap Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
4300000 usd
CY2023 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
95031 usd
CY2022 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
46209 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
3922686 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
145569 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
90638 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
47813 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
4111080 usd
CY2023 reto Shipping Handling And Transportation Cost
ShippingHandlingAndTransportationCost
55045 usd
CY2022 reto Shipping Handling And Transportation Cost
ShippingHandlingAndTransportationCost
151500 usd
CY2021 reto Shipping Handling And Transportation Cost
ShippingHandlingAndTransportationCost
367873 usd
CY2023Q4 us-gaap Grants Receivable Noncurrent
GrantsReceivableNoncurrent
490560 usd
CY2023Q4 us-gaap Grants Receivable
GrantsReceivable
191 usd
CY2022Q4 us-gaap Grants Receivable
GrantsReceivable
18563 usd
CY2019Q2 reto Value Added Tax Percentage
ValueAddedTaxPercentage
0.13 pure
CY2023Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
1 usd
CY2023Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
7.0999 cny
CY2022Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
1 usd
CY2022Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
6.8972 cny
CY2021Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
1 usd
CY2021Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
6.3726 cny
CY2023Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
1 usd
CY2023Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
83.19 inr
CY2022Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
1 usd
CY2022Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
82.72 inr
CY2021Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
1 usd
CY2021Q4 reto Foreign Currency Translation Spot Rate
ForeignCurrencyTranslationSpotRate
74.39 inr
CY2023Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
1 usd
CY2023Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
7.0809 cny
CY2022Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
1 usd
CY2022Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
6.729 cny
CY2021Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
1 usd
CY2021Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
6.4508 cny
CY2023Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
1 usd
CY2023Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
82.57 inr
CY2022Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
1 usd
CY2022Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
78.58 inr
CY2021Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
1 usd
CY2021Q4 reto Foreign Currency Translation Average Rate
ForeignCurrencyTranslationAverageRate
73.94 inr
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b>Concentrations and Credit Risk </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">A majority of the Company’s transactions are denominated in RMB and a significant portion of the Company and its subsidiaries’ assets and liabilities are denominated in RMB. RMB is not freely convertible into foreign currencies. In the PRC, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions at exchange rates set by the People’s Bank of China (“PBOC”). Remittances in currencies other than RMB by the Company in China must be processed through the PBOC or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">As of December 31, 2023 and 2022, $1,314,636 and $97,554 of the Company’s cash and cash equivalents was deposited at financial institutions in the PRC. These deposits were insured per PRC’s new Deposit Insurance Regulation for up to RMB500,000 for one bank. In addition, as of December 31, 2023 and 2022, $4,161 and $11,631 of the Company’s cash and cash equivalents was deposited at financial institutions in the Republic of India (“India”) which is insured under the Deposit Insurance and Credit Guarantee Corporation for up to 100,000 Indian Rupee (approximately $1,403).</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">For the year ended December 31, 2023, one customer accounted for 16% of the Company’s total revenue. For the year ended December 31, 2022, one customer accounted for 21% of the Company’s total revenue. For the year ended December 31, 2021, one customer accounted for 11% of the Company’s total revenue.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">As of December 31, 2023, three customers accounted for 29%, 21% and 12% of the Company’s consolidated accounts receivable, respectively. As of December 31, 2022, three customers accounted for 24%, 18% and 11% of the Company’s consolidated accounts receivable, respectively. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">For the year ended December 31, 2023, 2022 and 2021, the Company purchased approximately 10%, 19% and 53% of its raw materials from one major supplier, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">As of December 31, 2023, three suppliers accounted for 30%,22% and 10% of the total accounts payable balance, respectively. As of December 31, 2022, two suppliers accounted for 35% and 26% of the total accounts payable balance, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"> </p>
CY2022 us-gaap Insurance Recoveries
InsuranceRecoveries
500000 cny
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
4161 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
11631 usd
CY2023 reto Fdic Insurance Limits
FDICInsuranceLimits
100000 shares
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
1403 usd
CY2023 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
3300000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.50 pure
CY2023 reto Gross Profit From Continued Operation Percentage
GrossProfitFromContinuedOperationPercentage
0.74 pure
CY2022 us-gaap Deferred Policy Acquisition Cost Amortization Expense Effect Of Adjustments To Estimated Gross Profit Or Estimated Gross Margin
DeferredPolicyAcquisitionCostAmortizationExpenseEffectOfAdjustmentsToEstimatedGrossProfitOrEstimatedGrossMargin
800000 usd
CY2023Q4 us-gaap Present Value Of Future Insurance Profits Gross
PresentValueOfFutureInsuranceProfitsGross
200000 usd
CY2023 reto Net Loss
NetLoss
16100000 usd
CY2022 reto Net Loss
NetLoss
15400000 usd
CY2023 reto Working Capital Deficit
WorkingCapitalDeficit
6800000 usd
CY2023Q4 us-gaap Investments And Cash
InvestmentsAndCash
1400000 usd
CY2023Q4 reto Accounts Receivable Outstanding
AccountsReceivableOutstanding
1200000 usd
CY2023Q4 reto Accounts Receivable From Third Parties
AccountsReceivableFromThirdParties
1100000 usd
CY2023Q4 reto Accounts Receivable From Related Party
AccountsReceivableFromRelatedParty
100000 usd
CY2023Q4 reto Accounts Receivable Collected Back
AccountsReceivableCollectedBack
700000 usd
CY2022Q2 reto Percentage Of Accounts Receivable Collected Back
PercentageOfAccountsReceivableCollectedBack
0.22 pure
CY2023Q4 reto Bank Loans Outstanding
BankLoansOutstanding
5400000 usd
CY2021Q4 reto Percentage Of Ownership Interest
PercentageOfOwnershipInterest
1 pure
CY2021Q4 us-gaap Cash
Cash
60000000 cny
CY2021Q4 us-gaap Cash
Cash
9400000 usd
CY2021 reto Cash Received
CashReceived
15000000 cny
CY2021 reto Cash Received
CashReceived
2100000 usd
CY2021 reto Loss Of Disposition
LossOfDisposition
6335508 usd
CY2023 reto Acquisition Deposit Received Amount
AcquisitionDepositReceivedAmount
4000000 cny
CY2023 reto Acquisition Deposit Received Amount
AcquisitionDepositReceivedAmount
600000 usd
CY2023 reto Remaining Balance Amount
RemainingBalanceAmount
556145 usd
CY2023 reto Allowance For Uncollectible Balance
AllowanceForUncollectibleBalance
556145 usd
CY2021Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
1 pure
CY2021Q4 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
1569000 usd
CY2021Q4 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
10000000 cny
CY2021 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
10000000 cny
CY2021Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
25800 shares
CY2021Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
61
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6.39 cny
CY2023Q4 us-gaap Cash Available For Distributions
CashAvailableForDistributions
10000000 cny
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
21601 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
271258 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
292859 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
7731 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
2581119 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1075778 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
3957487 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
1233447 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
370856 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
1604303 usd
CY2023Q4 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
784184 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
1569000 usd
CY2023Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
3208916 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
3922211 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2146679 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1771761 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1062237 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2150450 usd
CY2023Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
108188 usd
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
83736 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1170425 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2234186 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1771761 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
904052 usd
CY2023 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
433867 usd
CY2022 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
981811 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
7061 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
22290 usd
CY2023 reto Foreign Exchange Translation
ForeignExchangeTranslation
-51888 usd
CY2022 reto Foreign Exchange Translation
ForeignExchangeTranslation
-91812 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2146679 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1771761 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2146679 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1771761 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1170425 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2234186 usd
CY2023Q4 reto Proceeds From Raw Material Prepayments For Equipment Production
ProceedsFromRawMaterialPrepaymentsForEquipmentProduction
309121 usd
CY2022Q4 reto Proceeds From Raw Material Prepayments For Equipment Production
ProceedsFromRawMaterialPrepaymentsForEquipmentProduction
466619 usd
CY2022Q4 reto Proceeds From Land Reclamation Prepayments
ProceedsFromLandReclamationPrepayments
436792 usd
CY2023Q4 reto Proceeds Prepayment To Construction Subcontractors
ProceedsPrepaymentToConstructionSubcontractors
4986131 usd
CY2023Q4 reto Advances To Suppliers Gross
AdvancesToSuppliersGross
5295252 usd
CY2022Q4 reto Advances To Suppliers Gross
AdvancesToSuppliersGross
903411 usd
CY2023Q4 reto Allowances For Doubtful Accounts Advances To Suppliers
AllowancesForDoubtfulAccountsAdvancesToSuppliers
3138 usd
CY2022Q4 reto Allowances For Doubtful Accounts Advances To Suppliers
AllowancesForDoubtfulAccountsAdvancesToSuppliers
449517 usd
CY2023Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
5292114 usd
CY2022Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
453894 usd
CY2023 reto Construction Material Description
ConstructionMaterialDescription
It usually takes 3 to 6 months for the suppliers to deliver raw materials for our equipment production and takes up to 6 to 12 months for the suppliers to deliver the construction materials.
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
449517 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
965843 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-434668 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-454072 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-11711 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-62254 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3138 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
449517 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
119405 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
148145 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
276407 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
221180 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
395812 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
369325 usd
CY2023Q4 us-gaap Inventory Adjustments
InventoryAdjustments
259621 usd
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
31527 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
136191 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
337798 usd
CY2023 reto Change In Inventory Reserve
ChangeInInventoryReserve
229611 usd
CY2022 reto Change In Inventory Reserve
ChangeInInventoryReserve
20835 usd
CY2021 reto Change In Inventory Reserve
ChangeInInventoryReserve
-119995 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
242151 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
334246 usd
CY2023Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
43504 usd
CY2022Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
67905 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
285655 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
402151 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
325072 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
421585 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
283168 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
191417 usd
CY2023 us-gaap Interest Expense Other
InterestExpenseOther
20320 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
171097 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
133655 usd
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CY2022 us-gaap Operating Lease Payments
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CY2023Q4 us-gaap Operating Lease Liability
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CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2023Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022 us-gaap Other Asset Impairment Charges
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CY2023Q4 us-gaap Property Plant And Equipment Net
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CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2023 us-gaap Depreciation
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CY2022 us-gaap Depreciation
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CY2021 us-gaap Depreciation
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2023Q4 us-gaap Finite Lived Intangible Assets Net
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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CY2023 us-gaap Amortization Of Intangible Assets
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CY2022 us-gaap Amortization Of Intangible Assets
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CY2021 us-gaap Amortization Of Intangible Assets
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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276798 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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3059216 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
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CY2022Q1 us-gaap Deferred Finance Costs Net
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CY2022Q1 us-gaap Legal Fees
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CY2023 us-gaap Other Expenses
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CY2022Q4 us-gaap Investment Owned At Fair Value
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CY2022Q1 us-gaap Debt Instrument Face Amount
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CY2022Q4 reto Conversion Of Common Shares
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2908 shares
CY2023Q4 us-gaap Debt Instrument Face Amount
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CY2023 us-gaap Conversion Of Stock Shares Converted1
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CY2023 reto Unrealized Loss Expense
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CY2022 reto Unrealized Loss Expense
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CY2021 reto Unrealized Loss Expense
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CY2023 us-gaap Interest Expense Debt
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CY2022 us-gaap Interest Expense Debt
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CY2021 us-gaap Interest Expense Debt
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CY2023Q4 us-gaap Short Term Borrowings
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CY2022Q4 us-gaap Short Term Borrowings
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CY2021Q4 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
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CY2022Q4 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
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CY2023Q2 us-gaap Short Term Borrowings
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5400000 usd
CY2023Q2 us-gaap Short Term Borrowings
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CY2022Q3 reto Working Capital Loan
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CY2021Q3 reto Working Capital Loan
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CY2021Q3 us-gaap Short Term Borrowings
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CY2021Q3 us-gaap Short Term Borrowings
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CY2023Q4 us-gaap Area Of Land
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CY2022 us-gaap Short Term Debt Refinanced Amount
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300000 usd
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CY2023 us-gaap Payments For Loans
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CY2023 us-gaap Payments For Loans
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CY2023Q4 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
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CY2023 us-gaap Interest Expense Short Term Borrowings
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CY2022 us-gaap Interest Expense Short Term Borrowings
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CY2021 us-gaap Interest Expense Short Term Borrowings
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372881 usd
CY2023Q4 us-gaap Long Term Debt Current
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CY2022Q4 us-gaap Long Term Debt Current
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CY2023 us-gaap Interest Expense Long Term Debt
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CY2023Q4 reto Loans From Third Parties
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CY2022Q4 reto Loans From Third Parties
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
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CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
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CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5975394 usd
CY2023 reto Products Sold Percentage
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0.13 pure
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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2391460 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
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320946 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
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CY2023Q4 us-gaap Accrued Income Taxes Current
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1653827 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
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1702591 usd
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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12162 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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15106 usd
CY2023Q4 us-gaap Taxes Payable Current
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CY2022Q4 us-gaap Taxes Payable Current
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CY2023Q4 us-gaap Taxes Payable Current And Noncurrent
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CY2022Q4 us-gaap Taxes Payable Current And Noncurrent
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CY2023Q4 us-gaap Contractual Obligation
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CY2023Q4 us-gaap Accounts And Other Receivables Net Current
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CY2022Q4 us-gaap Accounts And Other Receivables Net Current
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CY2023Q4 reto Advances To Suppliers Related Party
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CY2022Q4 reto Advances To Suppliers Related Party
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CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
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CY2023 reto Cost Of Revenue Related Party
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CY2022 reto Cost Of Revenue Related Party
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CY2021 reto Cost Of Revenue Related Party
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CY2023 us-gaap Related Parties Amount In Cost Of Sales
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CY2022 us-gaap Related Parties Amount In Cost Of Sales
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CY2021 us-gaap Related Parties Amount In Cost Of Sales
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464784 usd
CY2023 reto Description Of Appropriations To Statutory Surplus Reserve
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Appropriations to the statutory surplus reserve are required to be at least 10% of the after-tax net income determined in accordance with PRC GAAP until the reserve is equal to 50% of the entity’s registered capital.
CY2023Q4 us-gaap Common Stock Shares Authorized
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CY2023Q4 us-gaap Common Stock Shares Outstanding
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CY2023Q4 us-gaap Common Stock Shares Issued
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1205188 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
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433989 shares
CY2022Q4 us-gaap Common Stock Shares Issued
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433989 shares
CY2022Q2 reto Aggregate Common Shares
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40250 shares
CY2022Q2 us-gaap Employee Benefits And Share Based Compensation
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CY2022Q1 us-gaap Common Unit Issued
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CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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1130000 usd
CY2021 us-gaap Employee Benefits And Share Based Compensation
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CY2021Q4 us-gaap Share Price
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CY2021Q4 reto Equity Percentage Of Ownership
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CY2021Q4 us-gaap Asset Acquisition Consideration Transferred
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1569000 usd
CY2021Q4 us-gaap Asset Acquisition Consideration Transferred
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CY2022Q1 us-gaap Asset Acquisition Consideration Transferred
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CY2022Q1 us-gaap Common Unit Issued
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25800 shares
CY2022Q2 us-gaap Common Unit Issued
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59700 shares
CY2022Q2 us-gaap Share Price
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60
CY2023Q2 us-gaap Shares Issued
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200000 shares
CY2023Q2 us-gaap Share Price
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33
CY2023Q2 reto Aggregate Gross Proceeds
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6600000 usd
CY2022Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
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CY2022Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
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CY2022Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
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CY2022Q3 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
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CY2022Q4 us-gaap Asset Acquisition Consideration Transferred
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CY2022 us-gaap Payments For Fees
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CY2022 us-gaap Payments For Fees
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CY2022Q4 us-gaap Investment Owned Balance Principal Amount
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5000000 cny
CY2022Q4 us-gaap Investment Owned Balance Principal Amount
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CY2023Q4 us-gaap Notes And Loans Payable
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CY2023Q4 us-gaap Notes And Loans Payable
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700000 usd
CY2022Q2 us-gaap Investment Owned At Cost
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CY2022Q2 us-gaap Investment Owned At Cost
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2021 us-gaap Payments To Acquire Intangible Assets
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CY2023Q3 reto Aggregate Common Shares
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1500000 shares
CY2023Q3 us-gaap Shares Issued Price Per Share
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10
CY2023Q4 us-gaap Commitments And Contingencies
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CY2022Q4 us-gaap Commitments And Contingencies
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CY2023 us-gaap Common Stock Shares Authorized Unlimited
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Unlimited
CY2022 us-gaap Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
Unlimited
CY2022 us-gaap Asset Impairment Charges
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CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2023 us-gaap Gain Loss On Disposition Of Assets1
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CY2022 us-gaap Gain Loss On Disposition Of Assets1
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CY2021 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-19.44
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-38.00
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-75.00
CY2023 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
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CY2022 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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261608 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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388010 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
804566 shares
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
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CY2022 reto Appropriation To Statutory Reserve
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