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ReneSola NYSE:SOL Stock Report

Last Price


Market Cap







16 Aug, 2022


Company Financials +
SOL fundamental analysis
Snowflake Score
Future Growth5/6
Past Performance2/6
Financial Health4/6

SOL Stock Overview

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally.

ReneSola Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ReneSola
Historical stock prices
Current Share PriceUS$6.60
52 Week HighUS$9.72
52 Week LowUS$3.46
1 Month Change40.43%
3 Month Change55.29%
1 Year Change4.76%
3 Year Change587.50%
5 Year Change162.95%
Change since IPO-89.84%

Recent News & Updates

Jun 14

ReneSola Encounters Headwinds But Looks Better Positioned Than Most

ReneSola has encountered recent headwinds due to Covid-related lockdowns in China and withdrawal from a major U.S. project. Company looks better positioned than peers from other industries due to accelerating focus on renewable power construction in the west. ReneSola may be in a bearish state right now, but it still looks far better positioned than companies from many other sectors.

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

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

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

SOLUS ConstructionUS Market

Return vs Industry: SOL underperformed the US Construction industry which returned 16.1% over the past year.

Return vs Market: SOL exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is SOL's price volatile compared to industry and market?
SOL volatility
SOL Average Weekly Movement11.1%
Construction Industry Average Movement6.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: SOL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SOL's weekly volatility (11%) has been stable over the past year.

About the Company

2005164Yumin Liu

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights.

ReneSola Ltd Fundamentals Summary

How do ReneSola's earnings and revenue compare to its market cap?
SOL fundamental statistics
Market CapUS$412.86m
Earnings (TTM)US$4.40m
Revenue (TTM)US$60.40m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOL income statement (TTM)
Cost of RevenueUS$34.63m
Gross ProfitUS$25.77m
Other ExpensesUS$21.36m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)0.07
Gross Margin42.66%
Net Profit Margin7.29%
Debt/Equity Ratio0.01%

How did SOL perform over the long term?

See historical performance and comparison