ReneSola Ltd (SOL) Financials

$1.74

$0.03 (-1.42%)
Last update: 04:00 PM EST
Day's range
$1.69
Day's range
$1.78
$150M$150M$100M$100M$50M$50M$0$0-$50M-$50MEarning2018201820192019202020202021202120222022202320232024202420%20%10%10%0%0%-10%-10%-20%-20%Profit Margin
Profit Margin
Revenue
Earnings

SOL Income statement / Annual

Last year (2024), Emeren Group, Ltd.'s total revenue was $92.07 M, a decrease of 12.85% from the previous year. In 2024, Emeren Group, Ltd.'s net income was -$12.48 M. See Emeren Group, Ltd.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $92.07 M $105.64 M $81.41 M $79.66 M $73.92 M $119.12 M $96.91 M $102.97 M $929.84 M $1.28 B
Cost of Revenue $67.95 M $80.63 M $56.93 M $48.24 M $56.75 M $84.89 M $68.84 M $88.84 M $820.34 M $1.09 B
Gross Profit $24.12 M $25.01 M $24.48 M $31.43 M $16.69 M $34.23 M $28.07 M $14.13 M $7.23 M $187.87 M
Gross Profit Ratio 0.26 0.24 0.3 0.39 0.23 0.29 0.29 0.14 0.01 0.15
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $27.29 M $43.91 M
General & Administrative Expenses $23.13 M $23.98 M $17.20 M $17.00 M $14.51 M $15.76 M $10.20 M $6.18 M $51.46 M $59.29 M
Selling & Marketing Expenses $183.00 K -$398.00 K $3.00 K $304.93 K $433.00 K $750.00 K $886.00 K $1.71 M $549.30 K $233.63 K
Selling, General & Administrative Expenses $23.31 M $25.56 M $16.91 M $17.30 M $14.95 M $16.51 M $11.09 M $7.89 M $98.92 M $7.63 M
Other Expenses $1.31 M $0.00 $346.00 K $1.11 M -$5.04 M $11.80 M $1.45 M -$313.00 K -$29.78 M -$44.82 M
Operating Expenses $24.63 M $25.56 M $17.97 M $18.77 M $9.91 M $35.19 M $12.54 M $7.58 M $119.94 M $158.57 M
Cost And Expenses $92.57 M $114.30 M $63.92 M $66.65 M $66.72 M $120.08 M $81.38 M $96.42 M $940.28 M $1.25 B
Interest Income $1.43 M $1.79 M $657.39 K $1.66 M $976.00 K $823.00 K $194.00 K $51.40 K $2.35 M $2.88 M
Interest Expense $1.99 M $2.21 M $3.17 M $5.15 M $6.21 M $9.16 M $8.70 M $3.94 M $33.94 M $43.42 M
Depreciation & Amortization $6.92 M $7.83 M $7.53 M $7.38 M $8.19 M $7.80 M $8.40 M $4.48 M $2.40 M $90.11 M
EBITDA -$686.00 K $7.13 M $7.35 M $19.92 M $15.87 M $7.75 M $22.01 M $11.93 M $4.47 M $25.74 M
EBITDA Ratio -0.01 0.07 0.09 0.25 0.21 0.07 0.23 0.12 0 0.02
Operating Income Ratio -0.01 -0.08 -0.03 0.16 0.09 -0.01 0.16 0.06 0 0.01
Total Other Income/Expenses Net -$9.09 M $5.76 M $2.00 K -$5.26 M -$4.46 M -$9.61 M -$10.62 M -$3.03 M -$2.12 M $3.87 M
Income Before Tax -$9.59 M -$2.90 M -$2.63 M $7.39 M $2.32 M -$10.58 M $4.91 M $3.52 M $226.57 K $20.19 M
Income Before Tax Ratio -0.1 -0.03 -0.03 0.09 0.03 -0.09 0.05 0.03 0 0.02
Income Tax Expense $2.02 M $2.53 M $1.92 M $774.41 K $163.00 K $1.11 M -$189.00 K $322.07 K $132.09 K -$23.19 K
Net Income -$12.48 M -$3.19 M -$4.67 M $6.86 M $2.78 M -$8.83 M $1.76 M $34.46 M -$34.70 M -$5.08 M
Net Income Ratio -0.14 -0.03 -0.06 0.09 0.04 -0.07 0.02 0.33 -0.04 -0
EPS -0.23 -0.056 0.091 0.1 0.057 -0.22 0.046 1.4 -1.7 -0.2
EPS Diluted -0.23 -0.056 0.091 0.1 0.056 -0.22 0.046 1.4 -1.7 -0.2
Weighted Average Shares Out $51.85 M $56.53 M $64.92 M $68.91 M $49.17 M $40.60 M $38.08 M $24.69 M $20.22 M $20.41 M
Weighted Average Shares Out Diluted $51.85 M $56.53 M $64.92 M $69.84 M $49.79 M $40.60 M $38.08 M $24.69 M $20.22 M $20.41 M
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