SOL Stock Overview
Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Emeren Group Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.78 |
| 52 Week High | US$4.29 |
| 52 Week Low | US$1.54 |
| Beta | 1.8 |
| 1 Month Change | -1.66% |
| 3 Month Change | -12.32% |
| 1 Year Change | -57.52% |
| 3 Year Change | -81.00% |
| 5 Year Change | 11.25% |
| Change since IPO | -97.26% |
Recent News & Updates
Recent updates
Investors Still Aren't Entirely Convinced By Emeren Group Ltd's (NYSE:SOL) Revenues Despite 27% Price Jump
Mar 07
Emeren 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 16Struggling Solar Farm Builder ReneSola Hopes For Dawn Of New Day
May 06ReneSola cheers Q1 prelims higher than guidance range
Apr 30We Don’t Think ReneSola's (NYSE:SOL) Earnings Should Make Shareholders Too Comfortable
Apr 02Growth Investors: Industry Analysts Just Upgraded Their ReneSola Ltd (NYSE:SOL) Revenue Forecasts By 15%
Mar 28Shareholder Returns
| SOL | US Construction | US Market | |
|---|---|---|---|
| 7D | -16.8% | -5.0% | -3.7% |
| 1Y | -57.5% | 35.1% | 20.5% |
Return vs Industry: SOL underperformed the US Construction industry which returned 37.8% over the past year.
Return vs Market: SOL underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| SOL volatility | |
|---|---|
| SOL Average Weekly Movement | 13.0% |
| Construction Industry Average Movement | 5.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SOL's share price has been volatile over the past 3 months.
Volatility Over Time: SOL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 197 | Yumin Liu | emeren.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
| SOL fundamental statistics | |
|---|---|
| Market cap | US$97.02m |
| Earnings (TTM) | -US$9.32m |
| Revenue (TTM) | US$104.67m |
0.9x
P/S Ratio-10.0x
P/E RatioIs SOL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOL income statement (TTM) | |
|---|---|
| Revenue | US$104.67m |
| Cost of Revenue | US$81.39m |
| Gross Profit | US$23.28m |
| Other Expenses | US$32.61m |
| Earnings | -US$9.32m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.18 |
| Gross Margin | 22.24% |
| Net Profit Margin | -8.91% |
| Debt/Equity Ratio | 6.6% |
How did SOL perform over the long term?
See historical performance and comparison