SOL Emeren Group Ltd
Price (delayed)
$1.63
Market cap
$83.65M
P/E Ratio
N/A
Dividend/share
N/A
EPS
N/A
Enterprise value
$97.03M
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 gross margin has increased by 11% YoY and by 10% from the previous quarter
Emeren Group's quick ratio has decreased by 19% YoY but it has increased by 5% from the previous quarter
The revenue has contracted by 13% YoY and by 10% from the previous quarter
The equity has contracted by 8% YoY and by 6% from the previous quarter
Key stats
What are the main financial stats of SOL
Market
Valuations
Earnings
Shares outstanding
51.32M
Market cap
$83.65M
Enterprise value
$97.03M
Price to earnings (P/E)
N/A
Price to book (P/B)
0.28
Price to sales (P/S)
0.91
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.05
Revenue
$92.07M
Gross profit
$24.12M
Operating income
-$504,000
Net income
-$12.48M
EBIT
-$8.47M
EBITDA
-$1.55M
Free cash flow
-$15.04M
Per share
Balance sheet
Liquidity
EPS
N/A
EPS diluted
N/A
Free cash flow per share
-$0.29
Book value per share
$5.86
Revenue per share
$1.8
TBVPS
$8.73
Total assets
$447.57M
Total liabilities
$109.55M
Debt
$63.39M
Equity
$300.52M
Working capital
$141.87M
Debt to equity
0.21
Current ratio
3.87
Quick ratio
2.28
Net debt/EBITDA
-8.61
Margins
Efficiency
Dividend
EBITDA margin
-1.7%
Gross margin
26.2%
Net margin
-13.6%
Operating margin
-0.5%
Return on assets
-2.7%
Return on equity
-4%
Return on invested capital
-2%
Return on capital employed
-2.1%
Return on sales
-9.2%
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
0.62%
1 week
-1.21%
1 month
2.52%
1 year
-30.93%
YTD
-19.7%
QTD
3.82%
Financial performance
How have Emeren Group's revenue and profit performed over time
Revenue
$92.07M
Gross profit
$24.12M
Operating income
-$504,000
Net income
-$12.48M
Gross margin
26.2%
Net margin
-13.6%
SOL's operating income has soared by 93% year-on-year and by 80% since the previous quarter
Emeren Group's operating margin has surged by 92% YoY and by 79% QoQ
The revenue has contracted by 13% YoY and by 10% from the previous quarter
Emeren Group's gross margin has increased by 11% YoY and by 10% from the previous quarter
Growth
What is Emeren Group's growth rate over time
Valuation
What is Emeren Group stock price valuation
P/E
N/A
P/B
0.28
P/S
0.91
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.05
SOL's P/B is 72% below its 5-year quarterly average of 1.0 and 30% below its last 4 quarters average of 0.4
The equity has contracted by 8% YoY and by 6% from the previous quarter
The P/S is 77% less than the 5-year quarterly average of 3.9 and 18% less than the last 4 quarters average of 1.1
The revenue has contracted by 13% YoY and by 10% from the previous quarter
Efficiency
How efficient is Emeren Group business performance
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 quick ratio has decreased by 19% YoY but it has increased by 5% from the previous quarter
The current ratio has declined by 11% since the previous quarter and by 2.5% year-on-year
Emeren Group's debt is 79% lower than its equity
Emeren Group's debt to equity has increased by 11% YoY and by 5% from the previous quarter
The equity has contracted by 8% YoY and by 6% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.