SOL
Income statement / Annual
Last year (2023), ReneSola Ltd's total revenue was $105.64 M,
an increase of 29.76% from the previous year.
In 2023, ReneSola Ltd's net income was -$3.19 M.
See ReneSola Ltd’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$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
|
$1.56 B
|
| Cost of Revenue |
$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 |
$1.35 B |
| Gross Profit |
$25.01 M |
$24.48 M |
$31.42 M |
$17.17 M |
$34.23 M |
$28.07 M |
$14.13 M |
$109.50 M |
$187.87 M |
$209.28 M |
| Gross Profit Ratio |
0.24 |
0.3 |
0.39 |
0.23 |
0.29 |
0.29 |
0.14 |
0.12 |
0.15 |
0.13 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$27.29 M
|
$43.91 M
|
$52.58 M
|
| General & Administrative
Expenses |
$25.96 M
|
$16.91 M
|
$17.00 M
|
$14.51 M
|
$15.76 M
|
$10.20 M
|
$6.18 M
|
$51.46 M
|
$59.29 M
|
$67.29 M
|
| Selling & Marketing
Expenses |
$398,000.00
|
$3,000.00
|
$304,933.00
|
$433,000.00
|
$750,000.00
|
$886,000.00
|
$1.71 M
|
$47.46 M
|
$72.30 M
|
$93.07 M
|
| Selling, General &
Administrative Expenses |
$26.36 M
|
$16.91 M
|
$17.30 M
|
$14.95 M
|
$16.51 M
|
$11.09 M
|
$7.89 M
|
$98.92 M
|
$131.59 M
|
$160.36 M
|
| Other Expenses |
$7.32 M |
$101,000.00 |
$1.11 M |
-$6.47 M |
$11.80 M |
$347,000.00 |
-$43,516.00 |
-$6.27 M |
-$16.92 M |
-$11.87 M |
| Operating Expenses |
$33.67 M |
$17.01 M |
$18.41 M |
$8.47 M |
$28.31 M |
$12.54 M |
$7.58 M |
$119.94 M |
$158.57 M |
$201.07 M |
| Cost And Expenses |
$114.30 M |
$73.94 M |
$66.65 M |
$65.22 M |
$113.20 M |
$81.38 M |
$96.42 M |
$940.28 M |
$1.25 B |
$1.55 B |
| Interest Income |
$1.79 M |
$1.52 M |
$1.65 M |
$976,000.00 |
$823,000.00 |
$194,000.00 |
$51,403.00 |
$2.35 M |
$2.88 M |
$5.01 M |
| Interest Expense |
$2.21 M |
$4.03 M |
$5.15 M |
$6.21 M |
$9.16 M |
$8.70 M |
$3.94 M |
$33.94 M |
$43.42 M |
$49.02 M |
| Depreciation &
Amortization |
$7.83 M
|
$7.53 M
|
$7.38 M
|
$8.19 M
|
$9.16 M
|
$8.40 M
|
$4.48 M
|
$2.40 M
|
$90.11 M
|
$90.22 M
|
| EBITDA |
$7.13 M
|
$8.06 M
|
$19.92 M
|
$16.71 M
|
$7.75 M
|
$23.64 M
|
$11.03 M
|
$2.22 M
|
$19.87 M
|
$99.86 M
|
| EBITDA Ratio |
0.07 |
0.11 |
0.27 |
0.13 |
0.06 |
0.17 |
0.11 |
0.08 |
0.1 |
0.07 |
| Operating Income Ratio
|
-0.08
|
0.09
|
0.16
|
0.03
|
-0.01
|
0.16
|
0.06
|
-0.02
|
0.02
|
0.01
|
| Total Other
Income/Expenses Net |
$5.76 M
|
$2,000.00
|
-$5.26 M
|
-$4.46 M
|
-$9.61 M
|
-$10.62 M
|
-$3.03 M
|
-$2.12 M
|
$3.87 M
|
-$42.12 M
|
| Income Before Tax |
-$2.90 M |
$7.23 M |
$7.39 M |
$2.80 M |
-$10.58 M |
$4.91 M |
$3.52 M |
-$32.40 M |
-$4.40 M |
-$33.98 M |
| Income Before Tax Ratio
|
-0.03
|
0.09
|
0.09
|
0.04
|
-0.09
|
0.05
|
0.03
|
-0.03
|
-0
|
-0.02
|
| Income Tax Expense |
$2.53 M |
$1.20 M |
$774,412.00 |
$163,000.00 |
$1.11 M |
-$189,000.00 |
$322,068.00 |
$2.29 M |
$675,000.00 |
-$350,000.00 |
| Net Income |
-$3.19 M |
$5.90 M |
$6.86 M |
$2.78 M |
-$11.68 M |
$1.76 M |
$34.46 M |
-$34.70 M |
-$5.08 M |
-$33.63 M |
| Net Income Ratio |
-0.03 |
0.07 |
0.09 |
0.04 |
-0.1 |
0.02 |
0.33 |
-0.04 |
-0 |
-0.02 |
| EPS |
-0.0564 |
0.0909 |
0.0996 |
0.0565 |
-0.29 |
0.0462 |
1.4 |
-1.72 |
-0.25 |
-1.7 |
| EPS Diluted |
-0.0564 |
0.0909 |
0.0983 |
0.0558 |
-0.29 |
0.0462 |
1.4 |
-1.72 |
-0.25 |
-1.65 |
| Weighted Average Shares
Out |
$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
|
$19.78 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$20.36 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
