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NYSE: SOL
Emeren Group Ltd Stock

$1.79+0.03 (+1.7%)
Updated Jul 12, 2024
SOL Price
$1.79
Fair Value Price
N/A
Market Cap
$100.75M
52 Week Low
$1.46
52 Week High
$4.28
P/E
N/A
P/B
0.31x
P/S
2.04x
PEG
N/A
Dividend Yield
N/A
Revenue
$86.34M
Earnings
-$2.95M
Gross Margin
30%
Operating Margin
-0.62%
Profit Margin
-3.4%
Debt to Equity
0.29
Operating Cash Flow
-$39M
Beta
1.07
Next Earnings
Aug 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SOL Overview

ReneSola Power Limited is a solar power project developer. It provides project financing services, engineering design, solar modules and balance-of-system components procurement, and construction contracting and management services. As of 2021/12/31, it operated 00 solar power projects with a capacity of 180 megawatts. ReneSola Power was founded in 2005 and is headquartered in Stamford, CT.

Zen Score

Industry Average (27)
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Due Diligence Checks

SOL is good value based on its book value relative to its share price (0.31x), compared to the US Solar industry average (2.51x)
P/B vs Industry Valuation
SOL's cash and short-term investments ($69.30M) can cover SOL's cash burn for the next year ($26.42M), after accounting for decreasing cash burn (168.61%)
Interest Coverage Financials
SOL's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
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SOL News

Valuation

SOL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.31x
Industry
2.51x
SOL is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SOL's financial health

Profit margin

Revenue
$13.9M
Net Income
-$9.4M
Profit Margin
-67.3%
SOL's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
SOL's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$454.4M
Liabilities
$93.8M
Debt to equity
0.29
SOL's short-term assets ($213.53M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SOL's short-term assets ($213.53M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SOL's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SOL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$4.6M
Investing
$10.1M
Financing
-$6.7M
SOL's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SOL vs Solar Stocks

TickerMarket Cap1d %P/EP/B
SOL$100.75M+1.70%N/A0.31x
TYGO$100.80M+3.09%-2.09x1.86x
BEEM$95.22M-2.38%-5.04x2.03x
CSLR$85.92M+8.70%0.60x-1.01x
ZEO$127.21M+3.33%7.38x-0.75x

Emeren Group Stock FAQ

What is Emeren Group's quote symbol?

(NYSE: SOL) Emeren Group trades on the NYSE under the ticker symbol SOL. Emeren Group stock quotes can also be displayed as NYSE: SOL.

If you're new to stock investing, here's how to buy Emeren Group stock.

What is the 52 week high and low for Emeren Group (NYSE: SOL)?

(NYSE: SOL) Emeren Group's 52-week high was $4.28, and its 52-week low was $1.46. It is currently -58.18% from its 52-week high and 22.6% from its 52-week low.

How much is Emeren Group stock worth today?

(NYSE: SOL) Emeren Group currently has 562,871,930 outstanding shares. With Emeren Group stock trading at $1.79 per share, the total value of Emeren Group stock (market capitalization) is $100.75M.

Emeren Group stock was originally listed at a price of $64.95 in Jan 29, 2008. If you had invested in Emeren Group stock at $64.95, your return over the last 16 years would have been -97.24%, for an annualized return of -20.11% (not including any dividends or dividend reinvestments).

How much is Emeren Group's stock price per share?

(NYSE: SOL) Emeren Group stock price per share is $1.79 today (as of Jul 12, 2024).

What is Emeren Group's Market Cap?

(NYSE: SOL) Emeren Group's market cap is $100.75M, as of Jul 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Emeren Group's market cap is calculated by multiplying SOL's current stock price of $1.79 by SOL's total outstanding shares of 562,871,930.
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