ReTo Eco-Solutions (ReTo Eco-Solutions) Gross-Profit-to-Asset % : 0.85% (As of Jun. 2023)

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What is ReTo Eco-Solutions Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. ReTo Eco-Solutions's annualized Gross Profit for the quarter that ended in Jun. 2023 was $0.19 Mil. ReTo Eco-Solutions's average Total Assets over the quarter that ended in Jun. 2023 was $22.20 Mil. Therefore, ReTo Eco-Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 0.85%.

ReTo Eco-Solutions Gross-Profit-to-Asset % Historical Data

The historical data trend for ReTo Eco-Solutions's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ReTo Eco-Solutions Gross-Profit-to-Asset % Chart

ReTo Eco-Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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17.19

6.86

3.10

0.87

2.93

ReTo Eco-Solutions Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial											0.42	1.26	2.31	2.98	0.85

Competitive Comparison of ReTo Eco-Solutions's Gross-Profit-to-Asset %

For the Building Materials subindustry, ReTo Eco-Solutions's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ReTo Eco-Solutions's Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ReTo Eco-Solutions's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ReTo Eco-Solutions's Gross-Profit-to-Asset % falls into.

ReTo Eco-Solutions Gross-Profit-to-Asset % Calculation

ReTo Eco-Solutions's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	0.807	/	( (30.961	+	24.058)	/ 2 )
	=	0.807	/	27.5095
	=	2.93 %

ReTo Eco-Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0.188	/	( (24.058	+	20.343)	/ 2 )
	=	0.188	/	22.2005
	=	0.85 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

ReTo Eco-Solutions Gross-Profit-to-Asset % Related Terms

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ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ReTo Eco-Solutions Inc (NAS:RETO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Beijing REIT Technology Development Co., Ltd., X-702, Runfengdeshangyuan, 60 Anli Road, Chaoyang District, Beijing, CHN, 100101

Website

http://www.retoeco.com

ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.