Emeren Group Ltd financial data

Symbol
SOL on NYSE
Industry
Semiconductors & Related Devices
Location
149 Water Street, Suite 302, Norwalk, CT
State of incorporation
Virgin Islands, British
Fiscal year end
December 31
Former names
ReneSola Ltd (to 1/4/2023)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 513M shares
Common Stock, Shares, Outstanding 513M shares
Entity Public Float 161M USD
Common Stock, Value, Issued 807M USD
Weighted Average Number of Shares Outstanding, Basic 51.3M shares -10.4%
Weighted Average Number of Shares Outstanding, Diluted 51.4M shares -10.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30.1M USD -11.2%
Cost of Revenue 20.7M USD -2.4%
Selling and Marketing Expense 57K USD -55.1%
General and Administrative Expense 5.35M USD +0.47%
Operating Income (Loss) 2.96M USD -41.4%
Nonoperating Income (Expense) -871K USD -134%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.09M USD -72.7%
Income Tax Expense (Benefit) 1.34M USD
Net Income (Loss) Attributable to Parent 392K USD -95.3%
Earnings Per Share, Basic 0.01 USD/shares -93.3%
Earnings Per Share, Diluted 0.01 USD/shares -92.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 50.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 23.2M USD
Assets, Current 218M USD
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 159M USD
Operating Lease, Right-of-Use Asset 21M USD
Goodwill 0 USD -100%
Other Assets, Noncurrent 18.7M USD
Assets 458M USD
Accounts Payable, Current 15.2M USD
Contract with Customer, Liability, Current 6.17M USD
Liabilities, Current 51M USD
Deferred Income Tax Liabilities, Net 3.5M USD
Operating Lease, Liability, Noncurrent 20.4M USD
Liabilities 110M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -16.6M USD
Retained Earnings (Accumulated Deficit) -446M USD
Stockholders' Equity Attributable to Parent 310M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 348M USD -8.25%
Liabilities and Equity 458M USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.79M USD +71.4%
Net Cash Provided by (Used in) Financing Activities -8.19M USD +49.3%
Net Cash Provided by (Used in) Investing Activities -2.61M USD -39.7%
Common Stock, Shares Authorized 1B shares
Common Stock, Shares, Issued 652M shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -15.1M USD +62.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 50.8M USD -15.9%
Deferred Tax Assets, Valuation Allowance 19.2M USD +38.7%
Deferred Tax Assets, Gross 19.2M USD +38.9%
Operating Lease, Liability 21M USD
Depreciation 1.4M USD -6.67%
Payments to Acquire Property, Plant, and Equipment 2.85M USD +44%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -317K USD -105%
Lessee, Operating Lease, Liability, to be Paid 39.9M USD
Operating Lease, Liability, Current 643K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.89M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.8M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18.9M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.01M USD
Deferred Tax Assets, Operating Loss Carryforwards 16.9M USD +44.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.42M USD
Operating Lease, Payments 454K USD -10.1%
Depreciation, Depletion and Amortization 1.75M USD -14.6%
Deferred Tax Assets, Net of Valuation Allowance 28K USD