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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 457,495 $ 1,058,138
Accounts receivable, net – third parties 441,703 2,856,105
Accounts receivable, net - related party 93,589 199,999
Advances to suppliers, net – third parties 281,600 987,756
Advances to suppliers, net - related party 3,842,620 4,034,124
Inventories, net 463,731 420,017
Prepayments and other current assets 389,864 1,297,344
Receivable from disposition - current 7,059,559
Prepayment for construction of properties 1,073,100
Current assets held for sale associated with discontinued operation 1,352,927
Total Current Assets 13,030,161 13,279,510
Property, plant and equipment, net 9,707,602 11,384,447
Intangible assets, net 4,111,029 1,531,512
Long-term investment in equity investee 2,758,228 2,836,050
Right-of-use assets 278,269 364,226
Goodwill 1,075,778  
Non-current assets held for sale associated with discontinued operation 28,578,328
Total Assets 30,961,067 57,974,073
Current Liabilities:    
Short term loans 2,353,500 6,478,088
Long term bank loans - current portion 613,055
Convertible debt 1,645,000
Advances from customers 2,061,203 3,253,527
Advances from customers-related party 2,177
Deferred revenue 30,660
Deferred grants - current 269,061  
Accounts payable 2,121,313 502,043
Accounts payable - related party 10,199 153,344
Accrued and other liabilities 3,103,056 913,352
Loans from third-parties 1,593,977 766,500
Taxes payable 2,599,770 2,493,685
Due to related parties 472,439 1,019,469
Operating lease liabilities, current 155,857 114,161
Deferred tax liability 370,856
Current liabilities held for sale associated with discontinued operation 6,654,725
Total Current Liabilities 16,756,231 22,994,786
Deferred grants - noncurrent 490,560
Operating lease liabilities - noncurrent 120,558 241,606
Noncurrent liabilities held for sale associated with discontinued operation 6,285,300
Total Liabilities 16,876,789 30,012,252
Commitments and Contingencies
Stockholders’ Equity:    
Common Share, $0.001 par value, 200,000,000 shares authorized, 28,965,034 shares and 24,135,000 shares issued and outstanding as of December 31, 2021 and 2020, respectively 28,966 24,135
Additional paid-in capital 46,776,170 43,709,127
Statutory reserve 1,230,387 2,386,119
Accumulated deficit (33,347,984) (17,245,453)
Accumulated other comprehensive loss (1,135,386) (1,598,819)
Total ReTo Eco-Solutions Inc. Shareholders’ Equity 13,552,153 27,275,109
Noncontrolling interest 532,125 686,712
Total Equity 14,084,278 27,961,821
Total Liabilities and Equity $ 30,961,067 $ 57,974,073