emeren group - SOL

SOL

Close Chg Chg %
1.83 0.02 1.09%

Open Market

1.85

+0.02 (1.09%)

Volume: 48.89K

Last Updated:

Nov 22, 2024, 10:43 AM EDT

Company Overview: emeren group - SOL

SOL Key Data

Open

$1.81

Day Range

1.77 - 1.85

52 Week Range

1.41 - 3.00

Market Cap

$96.00M

Shares Outstanding

52.75M

Public Float

52.69M

Beta

1.73

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.16

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

233.89K

 

SOL Performance

1 Week
 
-4.71%
 
1 Month
 
-23.85%
 
3 Months
 
-7.61%
 
1 Year
 
-22.88%
 
5 Years
 
13.75%
 

SOL Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 3
Full Ratings ➔

About emeren group - SOL

Emeren Group Ltd. engages in the development and operation of solar projects. It operates through the following segments: Solar Power Project Development, Electricity Generation, EPC Services, and Others. The company was founded in 2005 and is headquartered in Norwalk, CT.

SOL At a Glance

Emeren Group Ltd.
149 Water Street
Norwalk, Connecticut 06854
Phone 1-347-577-9055 Revenue 105.64M
Industry Engineering & Construction Net Income -3,186,000.00
Sector Industrial Services 2023 Sales Growth 72.362%
Fiscal Year-end 12 / 2024 Employees N/A
View SEC Filings

SOL Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.461
Price to Book Ratio 0.458
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 22.327
Enterprise Value to Sales 1.732
Total Debt to Enterprise Value 0.332

SOL Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 1.126
Total Asset Turnover 0.214

SOL Liquidity

Current Ratio 3.273
Quick Ratio 3.273
Cash Ratio 1.231

SOL Profitability

Gross Margin 23.677
Operating Margin 0.346
Pretax Margin -2.747
Net Margin -3.016
Return on Assets -0.646
Return on Equity -0.947
Return on Total Capital -0.825
Return on Invested Capital -0.811

SOL Capital Structure

Total Debt to Total Equity 18.697
Total Debt to Total Capital 15.752
Total Debt to Total Assets 12.715
Long-Term Debt to Equity 16.759
Long-Term Debt to Total Capital 14.119
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Emeren Group - SOL

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
73.50M 79.66M 61.29M 105.64M
Sales Growth
-38.29% +8.38% -23.06% +72.36%
Cost of Goods Sold (COGS) incl D&A
56.82M 48.24M 45.95M 80.63M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
8.19M 7.38M 7.53M 7.83M
Depreciation
8.19M 7.38M 7.53M 7.83M
Amortization of Intangibles
- - - -
-
COGS Growth
-33.07% -15.10% -4.73% +75.45%
Gross Income
16.69M 31.42M 15.34M 25.01M
Gross Income Growth
-51.25% +88.33% -51.20% +63.10%
Gross Profit Margin
+22.70% +39.45% +25.02% +23.68%
2020 2021 2022 2023 5-year trend
SG&A Expense
14.95M 17.30M 17.62M 24.65M
Research & Development
- - - -
-
Other SG&A
14.95M 17.30M 17.62M 24.65M
SGA Growth
-9.46% +15.78% +1.85% +39.86%
Other Operating Expense
- - - -
-
Unusual Expense
- 1.43M 360.15K 3.40M
EBIT after Unusual Expense
307.73K 13.76M (2.29M) (3.04M)
Non Operating Income/Expense
8.22M (1.22M) 2.82M 2.34M
Non-Operating Interest Income
975.72K 1.65M 657.39K 1.79M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
6.21M 5.15M 3.17M 2.21M
Interest Expense Growth
-32.25% -16.96% -38.55% -30.37%
Gross Interest Expense
6.46M 5.27M 3.29M 2.21M
Interest Capitalized
- 258.19K 118.41K 118.41K
Pretax Income
2.32M 7.39M (2.63M) (2.90M)
Pretax Income Growth
+121.93% +218.62% -135.61% -10.30%
Pretax Margin
+3.16% +9.28% -4.29% -2.75%
Income Tax
163.04K 774.41K 1.92M 2.53M
Income Tax - Current - Domestic
5.12K 348.49K 733.10K 269.00K
Income Tax - Current - Foreign
441.50K 66.75K 466.89K 2.30M
Income Tax - Deferred - Domestic
- - - 717.22K
-
Income Tax - Deferred - Foreign
- (283.58K) 359.16K (41.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.16M 6.61M (4.55M) (5.43M)
Minority Interest Expense
(622.67K) (247.41K) 123.55K (2.25M)
Net Income
2.78M 6.86M (4.67M) (3.19M)
Net Income Growth
+131.46% +146.95% -168.08% +31.80%
Net Margin Growth
+3.78% +8.61% -7.62% -3.02%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.78M 6.86M (4.67M) (3.19M)
Preferred Dividends
- - - -
-
Net Income Available to Common
2.78M 6.86M (4.67M) (3.19M)
EPS (Basic)
0.0565 0.0996 -0.072 -0.0564
EPS (Basic) Growth
+125.98% +76.28% -172.29% +21.67%
Basic Shares Outstanding
49.17M 68.91M 64.92M 56.53M
EPS (Diluted)
0.0558 0.0983 -0.072 -0.0564
EPS (Diluted) Growth
+125.66% +76.16% -173.25% +21.67%
Diluted Shares Outstanding
49.79M 69.84M 64.92M 56.53M
EBITDA
9.93M 21.50M 5.24M 8.20M
EBITDA Growth
-63.07% +116.59% -75.63% +56.39%
EBITDA Margin
+13.51% +26.99% +8.55% +7.76%

Snapshot

Average Recommendation BUY Average Target Price 4.375
Number of Ratings 3 Current Quarters Estimate 0.077
FY Report Date 12 / 2024 Current Year's Estimate 0.093
Last Quarter’s Earnings 0.093 Median PE on CY Estimate N/A
Year Ago Earnings -0.16 Next Fiscal Year Estimate 0.337
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 2 3 3
Mean Estimate 0.08 -0.02 0.09 0.34
High Estimates 0.08 -0.01 0.10 0.56
Low Estimate 0.07 -0.02 0.08 0.16
Coefficient of Variance 7.53 -47.14 12.37 60.61

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 1
MEAN Buy Buy Overweight

Insider Actions for Emeren Group - SOL

Date Name Shares Transaction Value
Nov 29, 2023 Shah Capital Management, Inc. Director 17,854,373 Open market or private purchase of non-derivative security Non-derivative transaction at $2.33 per share 41,600,689.09
Nov 29, 2023 Shah Capital Management, Inc. Director 17,888,038 Open market or private purchase of non-derivative security Non-derivative transaction at $2.3 per share 41,142,487.40

Emeren Group in the News