NYSE: SOLEmeren Group Ltd Stock
$2.46-0.05 (-1.99%)
Updated Dec 7, 2023
SOL Price
$2.46
Fair Value Price
N/A
Market Cap
$138.47M
52 Week Low
$2.20
52 Week High
$5.60
P/E
N/A
P/B
0.43x
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
1.04
Next Earnings
N/A
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 (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how SOL scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
SOL is good value based on its book value relative to its share price (0.43x), compared to the US Solar industry average (2.48x)
P/B vs Industry Valuation
SOL's cash and short-term investments ($69.30M) can cover SOL's cash burn for the next year ($38.51M), even accounting for increasing 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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Valuation
SOL price to earnings (PE)
For valuing profitable companies with steady earnings
Company
0x
Industry
20.4x
Market
31.17x
SOL price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.43x
Industry
2.48x
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
Emeren Group Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.