Planet Green Holdings Corp.

Listed Company

PLAGCIK 0001117057NYSENon-AcceleratedSmaller ReportingCanned, Frozen & Preservd Fruit, Veg & Food SpecialtiesNevadaFY ends Dec 31

Period

FY 2025

Revenue

$3.04M

Net Income

$-26.98M

Total Assets

$10.21M

Equity

$-2.17M

Shares Out

14.23M

Op. Cash Flow

$-1.79M

Business

Planet Green Holdings Corp. is a Nevada holding company that conducts diverse operations through subsidiaries in the PRC, Hong Kong and Canada, managing consumer products, chemical products and online advertising businesses. Its main offerings include imported and distributed beef products, various tea products, ethanol-based clean fuels and fuel additives, and a demand-side digital advertising platform. Key business segments operate through Shandong Yunchu and Xianning Bozhuang (consumer products), Jingshan Sanhe (chemical products), and Fast Approach (advertising). The company primarily serves the Chinese domestic market with imports sourced from South America and Oceania and advertising services linked to North American and Chinese channels, distributing via retail, foodservice, direct sales, refueling facilities and digital media platforms.

Summary from filing dated 2025-04-11

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net revenues	3	5	18	45	38
Cost of revenues	3	4	16	40	34
Gross profit	100,937	554,649	2	4	4
Selling and marketing expenses	32,302	15,291	95,153	2	2
General and administrative expenses	18	3	8	7	7
Research and developing expenses	70,222	57,080	54,929	402,729	808,383
Total operating expenses	18	3	8	10	10
Operating loss	−18	−3	−7	−5	−6
Interest income	139	379	371	9,390	—
Interest expenses	−155,538	−70,542	−10,736	—	—
Other income	32,883	87,262	112,462	1	—
Other expenses	−14,104	−9,772	−306,191	−108,364	—
Total other (expenses) income	−136,620	7,327	−12	−10	−4
Loss before income taxes	−18	−3	−18	−15	−10
Income tax expenses	11,299	—	−35,303	−1	−56,450
Loss from continuing operations	−18	−3	−18	−17	—
Loss from discontinued operations	−9	−5	−3	−9	—
Net loss	−27	−7	−21	−26	−10
Less: Net loss attributable to non-controlling interest	—	—	—	−126,517	−250,616
Net loss attributable to ordinary shareholders of PLAG	−27	−7	—	—	—
Foreign currency translation adjustment	−180,452	−417,294	−302,490	—	—
Total comprehensive loss	−27	−8	−21	−29	−9
Loss per share of common stock Continuing operations - Basic (in Dollars per share)	−2.21	−0.35	−2.5	−0.28	−0.4
Loss per share of common stock Continuing operations - Diluted (in Dollars per share)	−2.21	−0.35	−2.5	−0.28	—
Loss per share of common stock Discontinuing operations - Basic (in Dollars per share)	−1.14	−0.65	−0.36	−0.15	—
Loss per share of common stock Discontinuing operations - Diluted (in Dollars per share)	−1.14	−0.65	−0.36	−0.15	—
Basic weighted average shares outstanding (in Shares)	8	7	7	60	25
Diluted weighted average shares outstanding (in Shares)	8	7	7	60	25

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2025 2025-11-30	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash	118,956	—	180,039	—	—
Restricted cash	—	—	296	—	—
Accounts receivable, net	209,206	—	56,281	3	3
Inventories, net	737,970	—	851,739	1	4
Advances to suppliers, net	984,566	—	849,535	—	—
Other receivables, net	1,610	—	262,696	324,704	—
Prepaid expenses	20,071	—	480,067	—	—
Assets of discontinuing operations	—	—	10	11	—
Total current assets	5	—	15	22	14
Plant and equipment, net	5	—	5	—	—
Intangible assets, net	717,311	—	819,072	980,003	3
Construction in progress, net	23,909	—	22,906	23,606	—
Goodwill	7,005	7,005	5	5	5
Total non-current assets	5	—	11	20	47
Total assets	10	—	25	43	61
Loans-current	5	—	2	—	4
Accounts payable	2	—	2	3	4
Advance from customers	213,127	—	368,232	—	—
Taxes payable	232,066	—	80,671	1	1
Other payables and accrued liabilities	2	—	2	—	4
Liabilities of discontinuing operations	—	—	4	10	—
Total current liabilities	12	—	13	23	20
Loans-noncurrent	500,493	—	410,998	—	—
Total non-current liabilities	500,493	—	410,998	30,312	560,924
Total liabilities	12	—	14	23	20
Commitments and contingencies	—	—	—	—	—
Preferred stock: $0.001 par value, 100,000,000 shares authorized; none issued or outstanding as of December 31, 2025 and 2024	—	—	—	—	—
Common stock: $0.001 par value, 1,500,000,000 shares authorized; 14,232,714 and 7,282,714 shares issued and outstanding as of December 31, 2025 and 2024, respectively	14,233	—	7,283	7,283	72,082
Additional paid-in capital	170	—	156	156	156
Accumulated deficit	−175	—	−148	−141	−120
Accumulated other comprehensive income	3	—	4	4	5
Non-controlling interests	−3,380	—	—	—	—
Total stockholders (deficit) equity	−2	—	12	19	41
Total liabilities and stockholders (deficit) equity	10	—	25	43	61

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation	790,362	630,427	968,594	1	2
Amortization	133,902	133,712	139,576	129,144	241,172
Allowance for doubtful accounts	292,797	349,730	2	58,294	—
Stock based compensation	14	—	—	—	1
Impairment of plant and equipment	126,805	—	—	—	—
Loss on disposal of plant and equipment	—	−253	—	—	—
Accounts receivables	−174,130	−46,789	—	—	—
Inventories	146,977	537,916	2	—	−1
Advances to suppliers	−61,424	1	—	—	—
Other receivables	155	−52	17,370	—	−5
Accounts payable	199,159	−33,569	−89,674	−364,035	1
Advance from customer	−166,877	−28,580	−103,544	—	—
Other payables and accrued liabilities	143,985	1	−408,087	−3	2
Taxes payable	143,988	40,194	165,227	—	—
Deferred income	—	−14,702	−15,610	−99,388	—
Other long-term liabilities	—	−29,404	—	—	—
Net cash (used in) provided by operating activities from continuing operations	−2	1	−6	—	—
Net cash used in operating activities from discontinued operations	—	−426,497	426,434	—	—
Net cash (used in) provided by operating activities	−2	811,833	−5	−9	−519,396
Purchase of plant and equipment	−4,824	−1,199	−26,371	—	−1
Cash received from disposal of plant and equipment	—	1,389	—	—	—
Net increase in cash from acquisition of subsidiary	490	—	—	—	482,760
Net cash (used in) provided by operating activities from continuing operations	−4,334	190	3	—	—
Net cash provided by operating activities from discontinued operations	—	—	−270,374	—	—
Net cash (used in) provided by investing activities	−4,334	190	2	−4	−12
Proceeds from long-term loans	5	2	—	—	—
Repayment of bank loans	−1	—	—	—	—
Changes in related party balances, net	−2	−3	3	—	—
Net cash provided by (used in) continuing financing activities	2	−837,586	3	—	—
Net cash provided by financing activities from discontinued operations	—	—	−207,555	—	—
Net cash provided by (used in) financing activities	2	−837,586	3	11	9
Net decrease in cash and restricted cash	−51,398	−25,563	76,996	−2	−3
EFFECT OF EXCHANGE RATE ON CASH AND RESTRICTED CASH	−9,981	−2,826	66,731	—	—
Interest received	139	396	1,199	9,390	—
Interest paid	155,538	70,542	497,306	633,787	646,572

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro