SOL Stock Overview
Develops, builds, and sells solar power projects. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Emeren Group Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.82 |
| 52 Week High | US$3.00 |
| 52 Week Low | US$1.41 |
| Beta | 1.65 |
| 1 Month Change | -2.67% |
| 3 Month Change | -19.11% |
| 1 Year Change | -36.81% |
| 3 Year Change | -69.87% |
| 5 Year Change | 32.85% |
| Change since IPO | -97.20% |
Recent News & Updates
Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower
Nov 20
Is Emeren Group (NYSE:SOL) Using Too Much Debt?
Nov 16Recent updates
Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower
Nov 20Is Emeren Group (NYSE:SOL) Using Too Much Debt?
Nov 16Investors Still Aren't Entirely Convinced By Emeren Group Ltd's (NYSE:SOL) Revenues Despite 27% Price Jump
Mar 07Emeren Group Ltd's (NYSE:SOL) P/S Is Still On The Mark Following 26% Share Price Bounce
Dec 23Emeren Group: From Debt-Laden To Renewable Upstart
Oct 28Capital Allocation Trends At Emeren Group (NYSE:SOL) Aren't Ideal
Oct 03The Bottom Fishing Club: Emeren Group
Aug 18Is Emeren Group (NYSE:SOL) Using Debt Sensibly?
Jun 14ReneSola announces buyback of ADSs from its Singaporean unit
Jan 04ReneSola Power expands into Italy and other European countries though Emeren acquisition
Oct 11ReneSola: Needs To Fast-Track Solar Development Projects
Sep 26US$10.67: That's What Analysts Think ReneSola Ltd (NYSE:SOL) Is Worth After Its Latest Results
Sep 10ReneSola Non-GAAP EPS of -$0.01 misses by $0.03, revenue of $8.21M misses by $6.19M
Sep 07ReneSola Encounters Headwinds But Looks Better Positioned Than Most
Jun 14The Return Trends At ReneSola (NYSE:SOL) Look Promising
Jun 09ReneSola: Not Enough Margin Of Safety, Even With Its Strong Balance Sheet
Mar 28ReneSola Selling For Less Than Liquidation Value
Feb 06Fresh From Surviving Short Seller Attack, ReneSola Sinks Again On Revenue Shortfall
Dec 09Solar Farms + Cash = ReneSola
Oct 20ReneSola (NYSE:SOL) Has Debt But No Earnings; Should You Worry?
Jul 16Shareholder Returns
| SOL | US Construction | US Market | |
|---|---|---|---|
| 7D | 2.2% | -3.8% | -2.4% |
| 1Y | -36.8% | 51.6% | 23.3% |
Return vs Industry: SOL underperformed the US Construction industry which returned 50.2% over the past year.
Return vs Market: SOL underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| SOL volatility | |
|---|---|
| SOL Average Weekly Movement | 10.2% |
| Construction Industry Average Movement | 6.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SOL has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SOL's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 197 | Yumin Liu | emeren.com |
Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights.
Emeren Group Ltd Fundamentals Summary
| SOL fundamental statistics | |
|---|---|
| Market cap | US$91.75m |
| Earnings (TTM) | -US$2.64m |
| Revenue (TTM) | US$102.49m |
0.9x
P/S Ratio-35.3x
P/E RatioIs SOL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOL income statement (TTM) | |
|---|---|
| Revenue | US$102.49m |
| Cost of Revenue | US$78.08m |
| Gross Profit | US$24.41m |
| Other Expenses | US$27.05m |
| Earnings | -US$2.64m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.052 |
| Gross Margin | 23.82% |
| Net Profit Margin | -2.58% |
| Debt/Equity Ratio | 7.3% |
How did SOL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 15:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Emeren Group Ltd is covered by 20 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vishal Shah | Barclays |
| Wayne T. Chang | Brean Capital |
| Yu Zhang | China International Capital Corporation Limited |