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SOL Emeren Group Ltd

Price (delayed)

$1.58

Market cap

$81.09M

P/E Ratio

N/A

Dividend/share

N/A

EPS

N/A

Enterprise value

$106.15M

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States and Europe. It operates through three segments: Solar Power Project Development, EPC Services, ...

Highlights
Emeren Group's net income has surged by 60% QoQ and by 44% YoY
Emeren Group's quick ratio has increased by 6% from the previous quarter and by 3% YoY
Emeren Group's debt has increased by 31% YoY and by 23% QoQ
The revenue has contracted by 20% YoY and by 7% from the previous quarter

Key stats

What are the main financial stats of SOL
Market
Shares outstanding
51.32M
Market cap
$81.09M
Enterprise value
$106.15M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.27
Price to sales (P/S)
0.95
EV/EBIT
N/A
EV/EBITDA
18.41
EV/Sales
1.24
Earnings
Revenue
$85.62M
Gross profit
$23.01M
Operating income
-$3.39M
Net income
-$5.01M
EBIT
-$1.51M
EBITDA
$5.77M
Free cash flow
-$9.64M
Per share
EPS
N/A
EPS diluted
N/A
Free cash flow per share
-$0.19
Book value per share
$5.92
Revenue per share
$1.67
TBVPS
$9.06
Balance sheet
Total assets
$464.92M
Total liabilities
$123.27M
Debt
$77.95M
Equity
$304.06M
Working capital
$148.11M
Liquidity
Debt to equity
0.26
Current ratio
4.03
Quick ratio
2.42
Net debt/EBITDA
4.35
Margins
EBITDA margin
6.7%
Gross margin
26.9%
Net margin
-5.9%
Operating margin
-4%
Efficiency
Return on assets
-1.1%
Return on equity
-1.6%
Return on invested capital
-0.3%
Return on capital employed
-0.4%
Return on sales
-1.8%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

SOL stock price

How has the Emeren Group stock price performed over time
Intraday
1.28%
1 week
6.76%
1 month
33.9%
1 year
-21%
YTD
-22.17%
QTD
0.64%

Financial performance

How have Emeren Group's revenue and profit performed over time
Revenue
$85.62M
Gross profit
$23.01M
Operating income
-$3.39M
Net income
-$5.01M
Gross margin
26.9%
Net margin
-5.9%
Emeren Group's net income has surged by 60% QoQ and by 44% YoY
Emeren Group's net margin has surged by 57% QoQ and by 29% YoY
SOL's operating income is up by 35% year-on-year
The revenue has contracted by 20% YoY and by 7% from the previous quarter

Price vs fundamentals

How does SOL's price correlate with its fundamentals

Growth

What is Emeren Group's growth rate over time

Valuation

What is Emeren Group stock price valuation
P/E
N/A
P/B
0.27
P/S
0.95
EV/EBIT
N/A
EV/EBITDA
18.41
EV/Sales
1.24
SOL's P/B is 70% below its 5-year quarterly average of 0.9 and 10% below its last 4 quarters average of 0.3
The equity has contracted by 2.2% YoY
The P/S is 75% less than the 5-year quarterly average of 3.8 and 14% less than the last 4 quarters average of 1.1
The revenue has contracted by 20% YoY and by 7% from the previous quarter

Efficiency

How efficient is Emeren Group business performance
SOL's return on invested capital has surged by 85% since the previous quarter and by 67% year-on-year
The ROS has soared by 80% since the previous quarter and by 47% year-on-year
The ROE has soared by 60% from the previous quarter and by 41% YoY
Emeren Group's ROA has soared by 59% from the previous quarter and by 42% YoY

Dividends

What is SOL's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for SOL.

Financial health

How did Emeren Group financials performed over time
Emeren Group's total liabilities has increased by 13% QoQ and by 7% YoY
Emeren Group's quick ratio has increased by 6% from the previous quarter and by 3% YoY
Emeren Group's debt is 74% lower than its equity
Emeren Group's debt to equity has increased by 37% YoY and by 24% from the previous quarter
Emeren Group's debt has increased by 31% YoY and by 23% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.