USD 2.035
↑ 0.125 (6.54%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| SOL | 6.5 | 1.2 | -18.3 | 33.9 | 3.3 | -25.2 | -74.0 | 43.3 | -81.2 | -96.9 |
| S&P 500 | 0.5 | -1.5 | 0.6 | 6.2 | 11.2 | 29.7 | 25.4 | 88.9 | 187.5 | 33297.1 |
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| Attribute | Value |
|---|---|
| symbol | SOL |
| name | ReneSola Ltd |
| price | 2.04 |
| changes percentage | 6.54 |
| change | 0.12 |
| day low | 1.87 |
| day high | 2.09 |
| year high | 3 |
| year low | 1.41 |
| market cap | 107336309 |
| price avg 50 | 2.42 |
| price avg 200 | 1.98 |
| exchange | NYSE |
| volume | 122188 |
| avg volume | 281281 |
| open | 1.89 |
| previous close | 1.91 |
| eps | -0.31 |
| pe | -6.56 |
| earnings announcement | 2024-11-14T05:00:00.000+0000 |
| shares outstanding | 52745115 |
| timestamp | 2024-11-18 17:27:03 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001417892 | |||
| revenue | 105642000 | 81413000 | 29.76 |
| gross profit | 25013000 | 24481000 | 2.17 |
| gross profit ratio | 0.24 | 0.3 | -21.26 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 33674000 | 17012000 | 97.94 |
| interest income | 1794000 | 1522000 | 17.87 |
| interest expense | 2205000 | 4033000 | -45.33 |
| ebitda | 7133000 | 8063437 | -11.54 |
| ebitdaratio | 0.07 | 0.11 | -38.86 |
| operating income | -8661000 | 7469000 | -215.96 |
| operating income ratio | -0.08 | 0.09 | -189.36 |
| net income | -3186000 | 5903000 | -153.97 |
| net income ratio | -0.03 | 0.07 | -141.59 |
| eps | -0.06 | 0.09 | -162.05 |
Revenue Growth: revenue decreased to 106 million in 2023 from 81 million in 2022 representing a change of 29.76%. This indicates a sales shrinking, which is a negative sign for the company.
Operating Expenses: Operating Expenses increased to 34 million in 2023 from 17 million in 2022 representing a change of 97.94%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 7 million in 2023 from 8 million in 2022 representing a change of -11.54%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to -9 million in 2023 from 7 million in 2022 representing a change of -215.96%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to -3 million in 2023 from 6 million in 2022 representing a change of -153.97%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to -0.06 in 2023 from -0.06 in 2022 representing a change of -162.05%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
Gross Profit: Gross Profit increased to 25 million in 2023 from 24 million in 2022 representing a change of 2.17%. This indicates a sales profitability growth, which is a positive sign for the company.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001417892 | |||
| revenue | 12860000 | 30057000 | -57.21 |
| gross profit | 5631000 | 9382000 | -39.98 |
| gross profit ratio | 0.44 | 0.31 | 40.28 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 3951000 | 6423000 | -38.49 |
| interest income | 243000 | 485000 | -49.90 |
| interest expense | -674000 | 518000 | -230.12 |
| ebitda | 2141000 | 4428000 | -51.65 |
| ebitdaratio | 0.17 | 0.15 | 13.01 |
| operating income | 2141000 | 2959000 | -27.64 |
| operating income ratio | 0.17 | 0.1 | 69.11 |
| net income | 5674000 | 392000 | 1,347.45 |
| net income ratio | 0.44 | 0.01 | 3,283.05 |
| eps | 0.11 | 0.01 | 1,347.37 |
Revenue Growth: revenue decreased to 13 million in 2024Q3 from 30 million in 2024Q2 representing a change of -57.21%. This indicates a sales shrinking, which is a negative sign for the company.
Gross Profit: Gross Profit decreased to 6 million in 2024Q3 from 9 million in 2024Q2 representing a change of -39.98%. This indicates a sales profitability decline, which is a negative sign for the company.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 2 million in 2024Q3 from 4 million in 2024Q2 representing a change of -51.65%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to 2 million in 2024Q3 from 3 million in 2024Q2 representing a change of -27.64%. The decrease in operating income indicates worse operational performance and decreased profitability.
Operating Expenses: Operating Expenses decreased to 4 million in 2024Q3 from 6 million in 2024Q2 representing a change of -38.49%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
Net Income: Net income increased to 6 million in 2024Q3 from 0 million in 2024Q2 representing a change of 1347.45%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.11 in 2024Q3 from 0.11 in 2024Q2 representing a change of 1347.37%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001417892 | |||
| total assets | 478351000 | 500509000 | -4.43 |
| total liabilities | 115042000 | 100986000 | 13.92 |
| total equity | 363309000 | 399523000 | -9.06 |
| cash and cash equivalents | 70174000 | 107105000 | -34.48 |
| short term investments | 13727000 | 11521660 | 19.14 |
| long term investments | 0 | 10047000 | -100.00 |
| total current assets | 186536000 | 226904000 | -17.79 |
| total non current assets | 291843000 | 273605000 | 6.67 |
| total current liabilities | 56992000 | 42608000 | 33.76 |
| total non current liabilities | 58050000 | 58378000 | -0.56 |
| common stock | 806714000 | 848133000 | -4.88 |
| retained earnings | -440563000 | -426802000 | -3.22 |
| total debt | 60825000 | 70591000 | -13.83 |
Total Assets: Total Assets decreased to 478 million in 2023 from 501 million in 2022 representing a change of -4.43%. Suggesting a decrease in asset holdings.
Total Liabilities: Total Liabilities increased to 115 million in 2023 from 101 million in 2022 representing a change of 13.92%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 363 million in 2023 from 400 million in 2022 representing a change of -9.06%. This indicates a decrease in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 70 million in 2023 from 107 million in 2022 representing a change of -34.48%. This indicates a decrease in available liquid assets.
Total Current Assets: Total Current Assets decreased to 187 million in 2023 from 227 million in 2022 representing a change of -17.79%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 57 million in 2023 from 43 million in 2022 representing a change of 33.76%. This indicates a higher short-term debt burden.
Common Stock: Common Stock decreased to 807 in 2023 from 848 in 2022 representing a change of -4.88%. This indicates a decrease in ownership interest.
Retained Earnings: Retained Earnings decreased to -441 million in 2023 from -427 million in 2022 representing a change of -3.22%. This indicates an accumulated losses.
Short Term Investments: Short Term Investments increased to 14 million in 2023 from 12 million in 2022 representing a change of 19.14%. This indicates an increase in short-term investment holdings.
Total Debt: Total Debt decreased to 61 million in 2023 from 71 million in 2022 representing a change of -13.83%. This indicates a reduction in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001417892 | |||
| total assets | 0 | 457751000 | -100.00 |
| total liabilities | 110701000 | 110230000 | 0.43 |
| total equity | 399249000 | 347521000 | 14.88 |
| cash and cash equivalents | 0 | 50830000 | -100.00 |
| short term investments | 0 | 14699000 | -100.00 |
| long term investments | 0 | 0 | NaN |
| total current assets | 0 | 147467000 | -100.00 |
| total non current assets | 0 | 310284000 | -100.00 |
| total current liabilities | 48843000 | 51046000 | -4.32 |
| total non current liabilities | 61858000 | 59184000 | 4.52 |
| common stock | 806714000 | 806714000 | 0.00 |
| retained earnings | -441253000 | -446096000 | 1.09 |
| total debt | 39334000 | 62694000 | -37.26 |
Total Assets: Total Assets decreased to 0 million in 2024Q3 from 458 million in 2024Q2 representing a change of -100.0%. Suggesting a decrease in asset holdings.
Total Liabilities: Total Liabilities increased to 111 million in 2024Q3 from 110 million in 2024Q2 representing a change of 0.43%. This indicates an increase in overall liabilities.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024Q3 from 51 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in available liquid assets.
Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 15 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Assets: Total Current Assets decreased to 0 million in 2024Q3 from 147 million in 2024Q2 representing a change of -100.0%. This indicates a worsen liquidity position.
Total Equity: Total Equity increased to 399 million in 2024Q3 from 348 million in 2024Q2 representing a change of 14.88%. This indicates an increase in shareholders' equity.
Total Current Liabilities: Total Current Liabilities decreased to 49 million in 2024Q3 from 51 million in 2024Q2 representing a change of -4.32%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to -441 million in 2024Q3 from -446 million in 2024Q2 representing a change of 1.09%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 39 million in 2024Q3 from 63 million in 2024Q2 representing a change of -37.26%. This indicates a reduction in overall debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001417892 | |||
| net change in cash | -37114000 | -147095000 | 74.77 |
| operating cash flow | -23488000 | -35250000 | 33.37 |
| free cash flow | -34235000 | -72866815 | 53.02 |
| capital expenditure | -10747000 | -37616815 | 71.43 |
| depreciation and amortization | 7830000 | 6817331 | 14.85 |
| deferred income tax | -40000 | 4349407 | -100.92 |
| stock based compensation | 1442000 | 1739337 | -17.09 |
| accounts payables | 0 | -2348997 | 100.00 |
| inventory | 0 | -740157 | 100.00 |
| acquisitions net | 15896000 | 2620412 | 506.62 |
| investments in property plant and equipment | -10747000 | -37616815 | 71.43 |
| net cash used for investing activites | 15309000 | -37057000 | 141.31 |
| debt repayment | -3542000 | -16996000 | 79.16 |
| common stock issued | 106000 | 393000 | -73.03 |
| common stock repurchased | -21938000 | -43677707 | 49.77 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -25263000 | -70254000 | 64.04 |
| cash at end of period | 70174000 | 107288000 | -34.59 |
| accounts receivables | 0 | -17722420 | 100.00 |
| cash at beginning of period | 107288000 | 254383000 | -57.82 |
Net Change in Cash: Net Change in Cash increased to -37 million in 2023 from -147 million in 2022 representing a change of 74.77%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to -23 million in 2023 from -35 million in 2022 representing a change of 33.37%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to -34 million in 2023 from -73 million in 2022 representing a change of 53.02%. This indicates an increase in cash generated after accounting for capital expenditures.
Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2023 from 2 million in 2022 representing a change of -17.09%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 2 million in 2022 representing a change of 100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Capital Expenditure: Capital Expenditure increased to -11 million in 2023 from -38 million in 2022 representing a change of 71.43%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Accounts Receivables: Accounts Receivables increased to 0 in 2023 from -18 million in 2022 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001417892 | |||
| operating cash flow | 9000000 | -2212000 | 506.87 |
| free cash flow | 4808000 | -6093000 | 178.91 |
| capital expenditure | -4192000 | -3881000 | -8.01 |
| depreciation and amortization | -3220000 | 1469000 | -319.20 |
| deferred income tax | -54000 | 21000 | -357.14 |
| stock based compensation | -132000 | 103000 | -228.16 |
| accounts receivables | -11316999 | 4560000 | -348.18 |
| accounts payables | 1176999 | -2122999 | 155.44 |
| inventory | -1064000 | 1864999 | -157.05 |
| acquisitions net | -242000 | 0 | NaN |
| investments in property plant and equipment | -4192000 | -3881000 | -8.01 |
| net cash used for investing activites | -4193001 | -3846000 | -9.02 |
| debt repayment | 0 | 2513000 | -100.00 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | -1030000 | 100.00 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -1996000 | 1483000 | -234.59 |
| net change in cash | -15074000 | -4243000 | -255.27 |
| cash at end of period | 35756000 | 50830000 | -29.66 |
| cash at beginning of period | 50830000 | 55073000 | -7.70 |
Net Change in Cash: Net Change in Cash decreased to -15 million in 2024Q3 from -4 million in 2024Q2 representing a change of -255.27%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 9 million in 2024Q3 from -2 million in 2024Q2 representing a change of 506.87%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 5 million in 2024Q3 from -6 million in 2024Q2 representing a change of 178.91%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to -4 million in 2024Q3 from -4 million in 2024Q2 representing a change of -8.01%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -228.16%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables decreased to 1 million in 2024Q3 from 2 million in 2024Q2 representing a change of 155.44%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables decreased to -11 million in 2024Q3 from 5 million in 2024Q2 representing a change of -348.18%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 1.87 | 1.25 | 49.04 |
| net income per share | -0.06 | 0.09 | -161.99 |
| operating cash flow per share | -0.42 | -0.54 | 23.47 |
| free cash flow per share | -0.61 | -1.12 | 46.04 |
| cash per share | 1.48 | 1.83 | -18.77 |
| book value per share | 6.43 | 6.15 | 4.45 |
| tangible book value per share | 6.43 | 6.14 | 4.71 |
| shareholders equity per share | 5.76 | 5.52 | 4.32 |
| interest debt per share | 0.55 | 0.42 | 30.02 |
| market cap | 154317934.68 | 293458532.08 | -47.41 |
| enterprise value | 144968934.68 | 256944532.08 | -43.58 |
| pe ratio | -48.44 | 49.71 | -197.43 |
| price to sales ratio | 1.46 | 3.6 | -59.47 |
| pocfratio | -6.57 | -8.33 | 21.08 |
| pfcf ratio | -4.51 | -4.03 | -11.93 |
| pb ratio | 0.47 | 0.82 | -42.10 |
| ptb ratio | 0.47 | 0.82 | -42.10 |
| ev to sales | 1.37 | 3.16 | -56.52 |
| enterprise value over ebitda | 20.32 | 31.87 | -36.22 |
| ev to operating cash flow | -6.17 | -7.29 | 15.33 |
| ev to free cash flow | -4.23 | -3.53 | -20.09 |
| earnings yield | -0.02 | 0.02 | -202.64 |
| free cash flow yield | -0.22 | -0.25 | 10.65 |
| debt to equity | 0.09 | 0.07 | 35.68 |
| debt to assets | 0.06 | 0.05 | 28.94 |
| net debt to ebitda | -1.31 | -4.53 | 71.06 |
| current ratio | 3.27 | 5.33 | -38.54 |
| interest coverage | -3.93 | 1.85 | -312.09 |
| income quality | 7.37 | 7.75 | -4.88 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.25 | 0.21 | 18.33 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0.0 | -100.00 |
| capex to operating cash flow | -0.46 | -1.07 | 57.12 |
| capex to revenue | 0.1 | 0.46 | -77.98 |
| capex to depreciation | 1.37 | 5.52 | -75.13 |
| stock based compensation to revenue | 0.01 | 0.02 | -36.11 |
| graham number | 2.7 | 3.36 | -19.58 |
| roic | -0.05 | 0.02 | -380.35 |
| return on tangible assets | -0.01 | 0.01 | -156.36 |
| graham net net | 0.69 | 1.1 | -36.94 |
| working capital | 129544000 | 184296000 | -29.71 |
| tangible asset value | 363309000 | 398500000 | -8.83 |
| net current asset value | 71494000 | 125918000 | -43.22 |
| invested capital | 327907000 | 402897000 | -18.61 |
| average receivables | 82311500 | 60635364 | 35.75 |
| average payables | 11660500 | 5441419.5 | 114.29 |
| average inventory | 600000 | 897000 | -33.11 |
| days sales outstanding | 324.0 | 317.63 | 2.00 |
| days payables outstanding | 73.35 | 45.63 | 60.73 |
| days of inventory on hand | 0 | 7.69 | -100.00 |
| receivables turnover | 1.13 | 1.15 | -1.96 |
| payables turnover | 4.98 | 8.0 | -37.78 |
| inventory turnover | 0 | 47.44 | -100.00 |
| roe | -0.01 | 0.02 | -159.42 |
| capex per share | 0.19 | 0.58 | -67.19 |
ROE: Return on Equity (ROE) decreased to -0.01 on 2023-12-31 from 0.02 on 2022-12-31, representing a change of -159.42%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -48.44 on 2023-12-31 from 49.71 on 2022-12-31, representing a change of -197.43%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 3.27 on 2023-12-31 from 5.33 on 2022-12-31, representing a change of -38.54%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.09 on 2023-12-31 from 0.07 on 2022-12-31, representing a change of 35.68%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| SOL | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 0.25 | 0.59 | -57.21 |
| net income per share | 0.11 | 0.01 | 1,347.45 |
| operating cash flow per share | 0.18 | -0.04 | 506.87 |
| free cash flow per share | 0.09 | -0.12 | 178.91 |
| cash per share | 0 | 1.28 | -100.00 |
| book value per share | -2.16 | 6.78 | -131.85 |
| tangible book value per share | -2.16 | 6.78 | -131.85 |
| shareholders equity per share | 7.01 | 6.04 | 16.04 |
| interest debt per share | 0.75 | 0.59 | 27.20 |
| market cap | 138465514.8 | 80515132.68 | 71.97 |
| enterprise value | 177799514.8 | 92379132.68 | 92.47 |
| pe ratio | 6.1 | 51.35 | -88.12 |
| price to sales ratio | 10.77 | 2.68 | 301.95 |
| pocfratio | 15.39 | -36.4 | 142.27 |
| pfcf ratio | 28.8 | -13.21 | 317.94 |
| pb ratio | 0.39 | 0.26 | 48.20 |
| ptb ratio | 0.39 | 0.26 | 48.20 |
| ev to sales | 13.83 | 3.07 | 349.84 |
| enterprise value over ebitda | 83.05 | 20.86 | 298.06 |
| ev to operating cash flow | 19.76 | -41.76 | 147.30 |
| ev to free cash flow | 36.98 | -15.16 | 343.91 |
| earnings yield | 0.04 | 0.0 | 741.66 |
| free cash flow yield | 0.03 | -0.08 | 145.88 |
| debt to equity | 0.11 | 0.1 | 13.46 |
| debt to assets | 0 | 0.07 | -100.00 |
| net debt to ebitda | 18.37 | 2.68 | 585.69 |
| current ratio | 0 | 2.89 | -100.00 |
| interest coverage | -3.18 | 5.71 | -155.61 |
| income quality | 1.63 | -5.64 | 128.83 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.31 | 0.18 | 72.83 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0.47 | -1.75 | 126.55 |
| capex to revenue | 0.33 | 0.13 | 152.45 |
| capex to depreciation | -1.3 | 2.64 | -149.28 |
| stock based compensation to revenue | -0.01 | 0.0 | -399.53 |
| graham number | 4.18 | 1.02 | 309.84 |
| roic | 0.01 | 0.0 | 90.13 |
| return on tangible assets | 0 | 0.0 | -100.00 |
| graham net net | -2.16 | 0.24 | -986.89 |
| working capital | -48843000 | 96421000 | -150.66 |
| tangible asset value | -110701000 | 347521000 | -131.85 |
| net current asset value | -110701000 | 37237000 | -397.29 |
| invested capital | -48843000 | 281574000 | -117.35 |
| average receivables | 38122000 | 80460000 | -52.62 |
| average payables | 14082500 | 16820500 | -16.28 |
| average inventory | 0 | 0 | NaN |
| days sales outstanding | 0 | 228.3 | -100.00 |
| days payables outstanding | 161.62 | 66.09 | 144.54 |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 0 | 0.39 | -100.00 |
| payables turnover | 0.56 | 1.36 | -59.11 |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.02 | 0.0 | 1,147.33 |
| capex per share | 0.08 | 0.08 | 8.01 |
ROE: Return on Equity (ROE) increased to 0.02 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of 1147.33%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 6.10 on 2024-09-30 Q3 from 51.35 on 2024-06-30 Q2, representing a change of -88.12%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.00 on 2024-09-30 Q3 from 2.89 on 2024-06-30 Q2, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.11 on 2024-09-30 Q3 from 0.10 on 2024-06-30 Q2, representing a change of 13.46%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Negative
Publish Date: 2024-11-18 12:05:24
SOL's third-quarter earnings align with the Zacks Consensus Estimate. However, the quarterly revenues miss the consensus estimate by 51%.
Sentiment: Positive
Publish Date: 2024-11-14 19:19:44
Emeren Group Ltd (NYSE:SOL ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Gary Dvorchak - Managing Director, The Blueshirt Group Yumin Liu - CEO Ke Chen - CFO Conference Call Participants Philip Shen - Roth Capital Partners Operator Hello, ladies and gentlemen. Welcome and thank you for standing by, for Emeren Group Limited Third Quarter 2024 Earnings Conference Call.
Sentiment: Neutral
Publish Date: 2024-11-14 16:01:00
NORWALK, Conn. , Nov. 14, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced its unaudited financial results for the third quarter ended September 30, 2024.
Sentiment: Negative
Publish Date: 2024-11-06 12:00:32
Emeren Group's new business model focuses on solar project development in Europe, with a significant project pipeline and expected profitability improvements in H2 FY24. Despite positive guidance, Emeren reported a revenue decline and net loss in H1 FY24, raising doubts about achieving FY24 targets. The company has a high cash burn rate, with net cash dropping significantly, and may face increased debt or shareholder dilution without improved operating results.
Sentiment: Positive
Publish Date: 2024-11-05 06:00:00
NORWALK, Conn. , Nov. 5, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced a co-development agreement with Arpinge, a permanent capital vehicle focused on sustainable infrastructure in Italy, to jointly develop a 300 MW Battery Energy Storage System (BESS) portfolio in Southern Italy.
Sentiment: Neutral
Publish Date: 2024-11-04 16:10:00
NORWALK, Conn. , Nov. 4, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the results of its annual general meeting of shareholders held on November 1, 2024.
Sentiment: Positive
Publish Date: 2024-10-26 09:23:00
Can Bitcoin hold its ground against Solana's explosive growth? Find out how these cryptocurrency leaders compare.
Sentiment: Neutral
Publish Date: 2024-10-24 06:00:00
NORWALK, Conn. , Oct. 24, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024 after the U.S. stock market close on Thursday, November 14, 2024.
Sentiment: Positive
Publish Date: 2024-10-15 07:30:00
SOL-1 is now expected to be enrolled and fully randomized by year-end 2024 Topline clinical data from SOL-1 are now expected in Q4 2025 BEDFORD, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Ocular Therapeutix, Inc. (NASDAQ: OCUL, “Ocular”, the “Company”), a biopharmaceutical company committed to improving vision in the real world through the development and commercialization of innovative therapies for retinal diseases and other eye conditions, today announced accelerated timelines for the SOL-1 Phase 3 registrational clinical trial of AXPAXLI in wet age-related macular degeneration (wet AMD).
Sentiment: Positive
Publish Date: 2024-10-11 07:50:00
Bitcoin may get all the attention, but don't sleep on the upside potential of Solana and this AI crypto token.
Sentiment: Positive
Publish Date: 2024-10-07 15:31:45
Emeren Group Ltd (SOL, Financial) experienced a significant share price drop of 5.05%, bringing the stock down to $2.73 per share. During this period, the trading volume reached 256,430 shares, with a turnover rate of 0.50% and a price volatility of 9.23%.
Sentiment: Positive
Publish Date: 2024-10-01 10:16:08
SOL sells a 57 MWp solar portfolio to Trina Solar (France) Systems, expanding its footprint in the growing solar market of Europe.
Sentiment: Neutral
Publish Date: 2024-09-30 08:42:00
Solana is currently making a run at Ethereum. Bitcoin could be next.
Sentiment: Positive
Publish Date: 2024-09-30 06:00:00
NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the sale of a 57 MWp solar project portfolio to Trina Solar (France) Systems ("Trina"), the French subsidiary of Trina Solar International System Business Unit (ISBU), the downstream project development arm of Trina Solar dedicated to the development, EPC, O&M, and asset management of solar and battery storage utility-scale projects worldwide, The portfolio includes five projects — one early-stage and one late-stage — both sold in Q3 2024, along with three mid-stage projects to be monetized in milestones and sold to Trina.
Sentiment: Positive
Publish Date: 2024-09-25 06:00:00
NORWALK, Conn. , Sept. 25, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful grid connection of a 4.5 MW solar power plant at Luxshare iTech (Zhejiang) Co., LTD.
Sentiment: Neutral
Publish Date: 2024-09-06 18:52:00
NORWALK, Conn. , Sept. 6, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced that its annual general meeting (the "AGM") will be held at 5000 Hopyard Rd, Suite 302, Pleasanton CA 94588, U.S.A.
Sentiment: Positive
Publish Date: 2024-09-03 08:30:00
STAMFORD, Conn. , Sept. 3, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the appointment of Dr. Ramakrishnan (Ramki) Srinivasan, an experienced clean energy project developer and management consultant to its Board of Directors, effective immediately.
Sentiment: Positive
Publish Date: 2024-08-31 12:17:00
Solana's fast transaction times and low fees could be exactly what merchants are looking for. PayPal has long dominated the electronic payments niche, generating billions of free cash flow.
Sentiment: Neutral
Publish Date: 2024-08-29 16:01:00
STAMFORD, Conn. , Aug. 29, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced its participation in the ROTH MKM 11th Annual Solar & Storage Symposium on September 10th – 11th, 2024 at the RE+ Conference.
Sentiment: Positive
Publish Date: 2024-08-24 06:38:00
Now that Bitcoin and Ethereum have spot ETFs, Solana could be next in line to get one. Based on overall market demand, Solana appears to have a clear edge over other top cryptocurrencies.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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