| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.84 |
| 52 Week High | US$9.72 |
| 52 Week Low | US$3.46 |
| Beta | 2.21 |
| 1 Month Change | 35.18% |
| 3 Month Change | 83.38% |
| 1 Year Change | -12.20% |
| 3 Year Change | 597.11% |
| 5 Year Change | 171.43% |
| Change since IPO | -89.47% |
Recent News & Updates
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.
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
| SOL | US Construction | US Market | |
|---|---|---|---|
| 7D | 2.2% | 1.0% | 0.3% |
| 1Y | -12.2% | 9.2% | -13.5% |
Return vs Industry: SOL underperformed the US Construction industry which returned 11% over the past year.
Return vs Market: SOL matched the US Market which returned -13% over the past year.
Price Volatility
| SOL volatility | |
|---|---|
| SOL Average Weekly Movement | 11.1% |
| Construction Industry Average Movement | 6.1% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.2% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 164 | Yumin Liu | https://www.renesolapower.com |
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
| SOL fundamental statistics | |
|---|---|
| Market Cap | US$427.87m |
| Earnings (TTM) | US$4.40m |
| Revenue (TTM) | US$60.40m |
97.2x
P/E Ratio7.1x
P/S RatioIs SOL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOL income statement (TTM) | |
|---|---|
| Revenue | US$60.40m |
| Cost of Revenue | US$34.63m |
| Gross Profit | US$25.77m |
| Other Expenses | US$21.36m |
| Earnings | US$4.40m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.07 |
| Gross Margin | 42.66% |
| Net Profit Margin | 7.29% |
| Debt/Equity Ratio | 0.01% |
How did SOL perform over the long term?
See historical performance and comparison