Financial Statements

ReTo Eco-Solutions Inc (RETO)

0.03 (+1.72%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in millions

Retained Earning Schedule

Year 2018 2017 2016
Retained Earnings (Previous Year) 50-
Net Income 464
Stock Dividends -1-1-4
Dividend Paid ---
Retained Earnings 950

PPE Schedule

Year 2018 2017 2016
Gross PPE 4034-
Annual Depreciation 111045
Capital Expenditure -9-5-11
Net PPE 414034

Intangible and Goodwill Schedule

Year 2018 2017 2016
Intangible and Goodwill (Previous Year) -77
New Purchases ---
Intangible and Goodwill 777

ReTo Eco-Solutions Inc income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes ReTo Eco-Solutions Inc FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.