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Emeren Group NYSE:SOL Stock Report

Last Price

US$1.87

Market Cap

US$95.3m

7D

-9.7%

1Y

-18.0%

Updated

20 Nov, 2024

Data

Company Financials +

Emeren Group Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Emeren Group
Historical stock prices
Current Share PriceUS$1.87
52 Week HighUS$3.00
52 Week LowUS$1.41
Beta1.73
11 Month Change-26.95%
3 Month Change-0.53%
1 Year Change-17.98%
33 Year Change-74.28%
5 Year Change26.35%
Change since IPO-97.12%

Recent News & Updates

Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower

Nov 20
Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower

Is Emeren Group (NYSE:SOL) Using Too Much Debt?

Nov 16
Is Emeren Group (NYSE:SOL) Using Too Much Debt?

Recent updates

Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower

Nov 20
Market Cool On Emeren Group Ltd's (NYSE:SOL) Revenues Pushing Shares 27% Lower

Is Emeren Group (NYSE:SOL) Using Too Much Debt?

Nov 16
Is Emeren Group (NYSE:SOL) Using Too Much Debt?

Investors Still Aren't Entirely Convinced By Emeren Group Ltd's (NYSE:SOL) Revenues Despite 27% Price Jump

Mar 07
Investors Still Aren't Entirely Convinced By Emeren Group Ltd's (NYSE:SOL) Revenues Despite 27% Price Jump

Emeren Group Ltd's (NYSE:SOL) P/S Is Still On The Mark Following 26% Share Price Bounce

Dec 23
Emeren Group Ltd's (NYSE:SOL) P/S Is Still On The Mark Following 26% Share Price Bounce

Emeren Group: From Debt-Laden To Renewable Upstart

Oct 28

Capital Allocation Trends At Emeren Group (NYSE:SOL) Aren't Ideal

Oct 03
Capital Allocation Trends At Emeren Group (NYSE:SOL) Aren't Ideal

The Bottom Fishing Club: Emeren Group

Aug 18

Is Emeren Group (NYSE:SOL) Using Debt Sensibly?

Jun 14
Is Emeren Group (NYSE:SOL) Using Debt Sensibly?

ReneSola announces buyback of ADSs from its Singaporean unit

Jan 04

ReneSola Power expands into Italy and other European countries though Emeren acquisition

Oct 11

ReneSola: Needs To Fast-Track Solar Development Projects

Sep 26

US$10.67: That's What Analysts Think ReneSola Ltd (NYSE:SOL) Is Worth After Its Latest Results

Sep 10
US$10.67: That's What Analysts Think ReneSola Ltd (NYSE:SOL) Is Worth After Its Latest Results

ReneSola Non-GAAP EPS of -$0.01 misses by $0.03, revenue of $8.21M misses by $6.19M

Sep 07

ReneSola Encounters Headwinds But Looks Better Positioned Than Most

Jun 14

The Return Trends At ReneSola (NYSE:SOL) Look Promising

Jun 09
The Return Trends At ReneSola (NYSE:SOL) Look Promising

ReneSola: Not Enough Margin Of Safety, Even With Its Strong Balance Sheet

Mar 28

ReneSola Selling For Less Than Liquidation Value

Feb 06

Fresh From Surviving Short Seller Attack, ReneSola Sinks Again On Revenue Shortfall

Dec 09

Solar Farms + Cash = ReneSola

Oct 20

ReneSola (NYSE:SOL) Has Debt But No Earnings; Should You Worry?

Jul 16
ReneSola (NYSE:SOL) Has Debt But No Earnings; Should You Worry?

Shareholder Returns

SOLUS ConstructionUS Market
7D-9.7%1.1%-1.0%
1Y-18.0%77.0%30.3%

Return vs Industry: SOL underperformed the US Construction industry which returned 78.1% over the past year.

Return vs Market: SOL underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is SOL's price volatile compared to industry and market?
SOL volatility
SOL Average Weekly Movement10.5%
Construction Industry Average Movement6.7%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: SOL's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SOL's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2005197Yumin Liuemeren.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

How do Emeren Group's earnings and revenue compare to its market cap?
SOL fundamental statistics
Market capUS$95.33m
Earnings (TTM)-US$2.64m
Revenue (TTM)US$102.49m

0.9x

P/S Ratio

-36.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOL income statement (TTM)
RevenueUS$102.49m
Cost of RevenueUS$78.08m
Gross ProfitUS$24.41m
Other ExpensesUS$27.05m
Earnings-US$2.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.052
Gross Margin23.82%
Net Profit Margin-2.58%
Debt/Equity Ratio7.3%

How did SOL perform over the long term?

See historical performance and comparison