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Emeren Group NYSE:SOL Stock Report

Last Price

US$1.76

Market Cap

US$84.4m

7D

8.6%

1Y

-57.9%

Updated

11 Jul, 2024

Data

Company Financials +

SOL Stock Overview

Through its subsidiaries, develops, builds, operates, and sells solar power projects.

SOL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

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$1.76
52 Week HighUS$4.28
52 Week LowUS$1.46
Beta1.72
11 Month Change5.39%
3 Month Change-12.44%
1 Year Change-57.89%
33 Year Change-76.18%
5 Year Change49.15%
Change since IPO-97.29%

Recent News & Updates

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

Recent updates

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?

Struggling Solar Farm Builder ReneSola Hopes For Dawn Of New Day

May 06

ReneSola cheers Q1 prelims higher than guidance range

Apr 30

We Don’t Think ReneSola's (NYSE:SOL) Earnings Should Make Shareholders Too Comfortable

Apr 02
We Don’t Think ReneSola's (NYSE:SOL) Earnings Should Make Shareholders Too Comfortable

Growth Investors: Industry Analysts Just Upgraded Their ReneSola Ltd (NYSE:SOL) Revenue Forecasts By 15%

Mar 28
Growth Investors: Industry Analysts Just Upgraded Their ReneSola Ltd (NYSE:SOL) Revenue Forecasts By 15%

Shareholder Returns

SOLUS ConstructionUS Market
7D8.6%2.5%1.0%
1Y-57.9%29.9%21.7%

Return vs Industry: SOL underperformed the US Construction industry which returned 26.4% over the past year.

Return vs Market: SOL underperformed the US Market which returned 22.8% over the past year.

Price Volatility

Is SOL's price volatile compared to industry and market?
SOL volatility
SOL Average Weekly Movement8.5%
Construction Industry Average Movement6.0%
Market Average Movement5.8%
10% most volatile stocks in US Market14.7%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: SOL's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005197Yumin Liuemeren.com

Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It owns and operates 3 gigawatt pipeline of projects and independent power producer assets. The company also 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$84.44m
Earnings (TTM)-US$13.53m
Revenue (TTM)US$106.58m

0.9x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOL income statement (TTM)
RevenueUS$106.58m
Cost of RevenueUS$80.86m
Gross ProfitUS$25.72m
Other ExpensesUS$39.25m
Earnings-US$13.53m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.26
Gross Margin24.13%
Net Profit Margin-12.70%
Debt/Equity Ratio6.8%

How did SOL perform over the long term?

See historical performance and comparison
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