Emeren Group Ltd financial data

Symbol
SOL on NYSE
Industry
Semiconductors & Related Devices
Location
149 Water Street, Suite 302, Norwalk, CT
State of incorporation
Virgin Islands, British
Fiscal year end
December 31
Former names
ReneSola Ltd (to 1/4/2023)
Latest financial report
10-K - Q4 2024 - Mar 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 406 %
Debt-to-equity 35.9 %
Return On Equity -3.58 % -316%
Return On Assets -2.71 %
Operating Margin -0.55 % +93.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 513M shares
Common Stock, Shares, Outstanding 513M shares -6.04%
Entity Public Float 48.2M USD -70.1%
Common Stock, Value, Issued 807M USD 0%
Weighted Average Number of Shares Outstanding, Basic 51.8M shares -8.28%
Weighted Average Number of Shares Outstanding, Diluted 51.8M shares -8.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 92.1M USD -12.9%
Cost of Revenue 67.9M USD -15.7%
Selling and Marketing Expense 183K USD -54%
General and Administrative Expense 23.1M USD -10.9%
Operating Income (Loss) -504K USD +94.2%
Nonoperating Income (Expense) -9.09M USD -258%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.59M USD -230%
Income Tax Expense (Benefit) 2.02M USD -20.1%
Net Income (Loss) Attributable to Parent -12.5M USD -292%
Earnings Per Share, Basic -0.24 USD/shares -300%
Earnings Per Share, Diluted -0.24 USD/shares -300%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 50M USD -28.7%
Accounts Receivable, after Allowance for Credit Loss, Current 21.1M USD -22.1%
Assets, Current 191M USD -15.5%
Property, Plant and Equipment, Net 195M USD +19.5%
Operating Lease, Right-of-Use Asset 19.9M USD -5.35%
Goodwill 0 USD -100%
Other Assets, Noncurrent 22.4M USD +32.3%
Assets 448M USD -6.44%
Accounts Payable, Current 11.9M USD -26.6%
Contract with Customer, Liability, Current 5.04M USD -6.2%
Liabilities, Current 49.5M USD -13.1%
Deferred Income Tax Liabilities, Net 3.49M USD -1.08%
Operating Lease, Liability, Noncurrent 19.3M USD -6.43%
Liabilities 110M USD -4.78%
Accumulated Other Comprehensive Income (Loss), Net of Tax -19.1M USD -40.3%
Retained Earnings (Accumulated Deficit) -453M USD -2.83%
Stockholders' Equity Attributable to Parent 301M USD -7.62%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 338M USD -6.96%
Liabilities and Equity 448M USD -6.44%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.79M USD +71.4%
Net Cash Provided by (Used in) Financing Activities -8.19M USD +49.3%
Net Cash Provided by (Used in) Investing Activities -2.61M USD -39.7%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 653M shares +0.15%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -15.1M USD +62.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 50M USD -28.7%
Deferred Tax Assets, Valuation Allowance 18.4M USD -4.12%
Deferred Tax Assets, Gross 19.3M USD +0.44%
Operating Lease, Liability 19.9M USD -4.91%
Depreciation 6.9M USD -11.5%
Payments to Acquire Property, Plant, and Equipment 2.85M USD +44%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -18M USD -778%
Lessee, Operating Lease, Liability, to be Paid 37.9M USD -5.8%
Operating Lease, Liability, Current 659K USD +81.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.84M USD +6.92%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.63M USD +9.38%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18M USD -6.77%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.89M USD +0.48%
Deferred Tax Assets, Operating Loss Carryforwards 18M USD +6.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.3M USD -35.9%
Operating Lease, Payments 454K USD -10.1%
Depreciation, Depletion and Amortization 1.75M USD -14.6%
Deferred Tax Assets, Net of Valuation Allowance 905K USD +3132%