Emeren Group, Ltd.(SOL)Earnings, Financials & Key Ratios
SOL•NYSE
$1.94
$100M mkt cap·Price updated Apr 24, 2026
AboutEmeren Group Ltd is solar project developer, owner, and operator. The Company specializes in solar project lifecycle, construction management, and financing services.Show more
- Revenue$92M-12.9%
- EBITDA$6M+871.5%
- Net Income-$12M-291.6%
- EPS (Diluted)-0.24-328.6%
- Gross Margin26.2%+10.7%
- EBITDA Margin6.96%+985.3%
- Operating Margin-0.55%+93.3%
- Net Margin-13.55%-349.4%
- ROE-3.56%-319.9%
- ROIC-0.11%+94.2%
- Debt/Equity0.19+12.0%
- Interest Coverage-0.25+93.5%
SOL Key Insights
Emeren Group, Ltd. (SOL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 8.3% through buybacks
- ✓Trading near 52-week high
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Sales declining 5.0% over 5 years
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SOL Price & Volume
Emeren Group, Ltd. (SOL) stock price & volume — 10-year historical chart
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SOL Growth Metrics
Emeren Group, Ltd. (SOL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-24.65%
5 Years-5.02%
3 Years4.94%
TTM-30.5%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-101.7%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM34.18%
Return on Capital
10 Years2.07%
5 Years0.74%
3 Years-0.87%
Last Year-0.12%
SOL Peer Comparison
Emeren Group, Ltd. (SOL) competitors in Solar project developers and owners — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ARRY | 1.25B | 8.18 | -11.21 | 40.22% | -4.07% | -20.06% | 0.41 | |
 SHLS | 1.36B | 8.13 | 40.65 | 19.07% | 6.27% | 5.67% | 0.29 | |
 CWEN | 8B | 38.93 | 27.42 | 4.23% | 11.83% | 2.98% | 4.61% | 1.72 |
 FSLR | 23.56B | 219.28 | 15.43 | 24.09% | 30.73% | 18.01% | 5.04% | 0.05 |
 SPWR | 891.49M | 1.05 | -15.70 | 2.92% | -13.21% | |||
 RUN | 3.14B | 13.46 | 7.87 | 45.11% | 15.24% | 14.17% | 4.64 | |
 SEDG | 2.66B | 44.64 | -6.47 | 31.39% | -57.48% | -122.19% | 3.04% | 0.99 |
 CSIQ | 1.12B | 16.80 | -10.84 | -6.65% | -1.86% | -2.47% | 1.80 |
Compare SOL vs Peers
Emeren Group, Ltd. (SOL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SOL Income Statement
Emeren Group, Ltd. (SOL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 80.5M | 102.97M | 96.91M | 119.12M | 73.5M | 79.66M | 61.29M | 105.64M | 92.07M | 71.23M |
| Revenue Growth % | -93.72% | 27.91% | -5.89% | 22.92% | -38.29% | 8.38% | -23.06% | 72.36% | -12.85% | -30.5% |
| Cost of Goods Sold | 73.27M | 88.84M | 68.84M | 84.89M | 56.82M | 48.24M | 45.95M | 80.63M | 67.94M | 47.05M |
| COGS % of Revenue | 91.02% | 86.28% | 71.03% | 71.27% | 77.3% | 60.55% | 74.98% | 76.32% | 73.8% | - |
| Gross Profit | 7.23M▲ 0% | 14.13M▲ 95.4% | 28.07M▲ 98.6% | 34.23M▲ 21.9% | 16.69M▼ 51.2% | 31.42M▲ 88.3% | 15.34M▼ 51.2% | 25.01M▲ 63.1% | 24.12M▼ 3.6% | 24.18M▲ 0% |
| Gross Margin % | 8.98% | 13.72% | 28.97% | 28.73% | 22.7% | 39.45% | 25.02% | 23.68% | 26.2% | 33.95% |
| Gross Profit Growth % | -96.15% | 95.38% | 98.62% | 21.94% | -51.25% | 88.33% | -51.2% | 63.1% | -3.56% | - |
| Operating Expenses | 4.88M | 7.58M | 12.54M | 35.19M | 9.91M | 18.77M | 17.97M | 33.67M | 24.63M | 59.66M |
| OpEx % of Revenue | 6.07% | 7.36% | 12.94% | 29.54% | 13.48% | 23.57% | 29.32% | 31.88% | 26.75% | - |
| Selling, General & Admin | 7.38M | 7.89M | 11.09M | 16.51M | 14.95M | 17.3M | 17.62M | 26.36M | 23.31M | 24.82M |
| SG&A % of Revenue | 9.16% | 7.66% | 11.44% | 13.86% | 20.33% | 21.72% | 28.75% | 24.95% | 25.32% | - |
| Research & Development | 27.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 33.89% | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -29.78M | -313K | 1.45M | 18.68M | -5.04M | 1.47M | 346K | 7.32M | 1.31M | 2.92M |
| Operating Income | 2.35M▲ 0% | 6.56M▲ 179.1% | 15.53M▲ 136.9% | -964K▼ 106.2% | 6.78M▲ 803.3% | 12.65M▲ 86.6% | -2.63M▼ 120.8% | -8.66M▼ 228.9% | -504K▲ 94.2% | -35.48M▲ 0% |
| Operating Margin % | 2.92% | 6.37% | 16.03% | -0.81% | 9.22% | 15.88% | -4.3% | -8.2% | -0.55% | -49.82% |
| Operating Income Growth % | -85.6% | 179.1% | 136.9% | -106.21% | 803.34% | 86.61% | -120.81% | -228.94% | 94.18% | - |
| EBITDA | 4.75M | 11.03M | 23.93M | 6.83M | 14.12M | 19.45M | 4.18M | -831K | 6.41M | -27.1M |
| EBITDA Margin % | 5.9% | 10.71% | 24.7% | 5.74% | 19.21% | 24.41% | 6.83% | -0.79% | 6.96% | -38.05% |
| EBITDA Growth % | -76.09% | 132.25% | 116.94% | -71.45% | 106.71% | 37.7% | -78.48% | -119.86% | 871.48% | -706.16% |
| D&A (Non-Cash Add-back) | 2.4M | 4.48M | 8.4M | 7.8M | 7.34M | 6.79M | 6.82M | 7.83M | 6.92M | 8.38M |
| EBIT | 2.07M | 7.46M | 13.61M | -1.42M | 8.53M | 12.54M | 536K | -697K | -7.6M | -29.03M |
| Net Interest Income | -1.84M | -3.88M | -8.51M | -8.34M | -5.23M | -3.5M | -2.51M | -411K | -559K | -1.74M |
| Interest Income | 3.55K | 51.4K | 194K | 823K | 976K | 1.66M | 657.39K | 1.79M | 1.43M | 1.35M |
| Interest Expense | 1.84M | 3.94M | 8.7M | 9.16M | 6.21M | 5.15M | 3.17M | 2.21M | 1.99M | 3.09M |
| Other Income/Expense | -2.12M | -3.03M | -10.62M | -9.61M | -4.46M | -5.26M | 2K | 5.76M | -9.09M | 3.37M |
| Pretax Income | 226.57K▲ 0% | 3.52M▲ 1454.5% | 4.91M▲ 39.3% | -10.57M▼ 315.5% | 2.32M▲ 121.9% | 7.39M▲ 218.6% | -2.63M▼ 135.6% | -2.9M▼ 10.3% | -9.59M▼ 230.4% | -32.12M▲ 0% |
| Pretax Margin % | 0.28% | 3.42% | 5.06% | -8.88% | 3.16% | 9.28% | -4.29% | -2.75% | -10.42% | -45.09% |
| Income Tax | 132.09K | 322.07K | -189K | 1.1M | 163.04K | 774.41K | 1.92M | 2.53M | 2.02M | 2.34M |
| Effective Tax Rate % | 58.3% | 9.14% | -3.85% | -10.45% | 7.03% | 10.48% | -72.86% | -87.15% | -21.08% | -7.28% |
| Net Income | -34.7M▲ 0% | 34.46M▲ 199.3% | 1.76M▼ 94.9% | -8.83M▼ 602.0% | 2.78M▲ 131.5% | 6.86M▲ 146.9% | -4.67M▼ 168.1% | -3.19M▲ 31.8% | -12.48M▼ 291.6% | -5.33M▲ 0% |
| Net Margin % | -43.1% | 33.46% | 1.82% | -7.41% | 3.78% | 8.61% | -7.62% | -3.02% | -13.55% | -7.48% |
| Net Income Growth % | -583.71% | 199.31% | -94.9% | -602.05% | 131.46% | 146.95% | -168.09% | 31.81% | -291.62% | -101.7% |
| Net Income (Continuing) | 94.48K | 3.2M | 5.1M | -11.68M | 2.16M | 6.61M | -4.55M | -5.43M | -11.61M | -34.46M |
| Discontinued Operations | -34.79M | 31.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 34M | 42.83M | 44.12M | 44.41M | 41.35M | 38M | 37.5M | 13.14M |
| EPS (Diluted) | -1.70▲ 0% | 1.40▲ 182.4% | 0.05▼ 96.7% | -0.22▼ 578.3% | 0.06▲ 125.5% | 0.10▲ 78.6% | 0.09▼ 10.0% | -0.06▼ 162.2% | -0.24▼ 328.6% | -0.10▲ 0% |
| EPS Growth % | -750% | 182.35% | -96.71% | -578.26% | 125.45% | 78.57% | -10% | -162.22% | -328.57% | 34.18% |
| EPS (Basic) | -1.70 | 1.40 | 0.05 | -0.22 | 0.06 | 0.10 | 0.09 | -0.06 | -0.24 | - |
| Diluted Shares Outstanding | 20.22M | 24.69M | 38.08M | 40.6M | 49.79M | 69.84M | 64.92M | 56.53M | 51.85M | 51.34M |
| Basic Shares Outstanding | 20.22M | 24.69M | 38.08M | 40.6M | 49.17M | 68.91M | 64.92M | 56.53M | 51.85M | 51.32M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
SOL Balance Sheet
Emeren Group, Ltd. (SOL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 507.49M | 170.07M | 135.28M | 103.06M | 136.75M | 319.59M | 194.76M | 226.45M | 191.39M | 178.41M |
| Cash & Short-Term Investments | 3.96M | 13.43M | 6.75M | 24.29M | 40.59M | 254.38M | 107.29M | 70.17M | 50.01M | 84.64M |
| Cash Only | 37.34M | 13.43M | 6.75M | 24.29M | 40.59M | 254.38M | 107.29M | 70.17M | 50.01M | 84.64M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.04M | 38.67M | 47.48M | 21.53M | 58.07M | 50.42M | 71.48M | 93.82M | 70.46M | 38.34M |
| Days Sales Outstanding | 22.85 | 137.08 | 178.83 | 65.96 | 288.37 | 231.03 | 425.69 | 324.17 | 279.32 | 326.07 |
| Inventory | 143.98M | 0 | 2.66M | 0 | 0 | 0 | 0 | -49K | 361K | 0 |
| Days Inventory Outstanding | 717.21 | - | 14.08 | - | - | - | - | - | 1.94 | 0.7 |
| Other Current Assets | 348.4M | 107.18M | 93.08M | 51.11M | 27.35M | 14.52M | 14.97M | 39.91M | 54.27M | 41.76M |
| Total Non-Current Assets | 580.91M | 165.62M | 242.44M | 216.88M | 200.19M | 218.36M | 312.94M | 251.9M | 256.18M | 271.09M |
| Property, Plant & Equipment | 523.11M | 154.66M | 190.79M | 192.28M | 168.75M | 167.15M | 214.84M | 198.36M | 219.34M | 198.79M |
| Fixed Asset Turnover | 0.15x | 0.67x | 0.51x | 0.62x | 0.44x | 0.48x | 0.29x | 0.53x | 0.42x | 0.34x |
| Goodwill | 0 | 0 | 0 | 0 | 1.02M | 1.02M | 1.02M | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 406.83K | 0 | 0 | 10.05M | 0 | 0 | 0 |
| Other Non-Current Assets | 42.27M | 10.91M | 50.54M | 23.76M | 29.24M | 40.72M | 73.19M | 53.54M | 36.83M | 210.42M |
| Total Assets | 1.09B▲ 0% | 335.7M▼ 69.2% | 377.71M▲ 12.5% | 319.94M▼ 15.3% | 336.94M▲ 5.3% | 537.95M▲ 59.7% | 507.7M▼ 5.6% | 478.35M▼ 5.8% | 447.57M▼ 6.4% | 449.5M▲ 0% |
| Asset Turnover | 0.07x | 0.31x | 0.26x | 0.37x | 0.22x | 0.15x | 0.12x | 0.22x | 0.21x | 0.16x |
| Asset Growth % | -19.16% | -69.16% | 12.52% | -15.29% | 5.31% | 59.66% | -5.62% | -5.78% | -6.44% | -13.77% |
| Total Current Liabilities | 904.43M | 145.2M | 133.74M | 109.41M | 88.31M | 35.1M | 43.3M | 56.99M | 49.52M | 41.67M |
| Accounts Payable | 0 | 25.79M | 12.05M | 20.43M | 6.31M | 3.76M | 7.12M | 16.2M | 11.89M | 4.72M |
| Days Payables Outstanding | - | 105.95 | 63.89 | 87.85 | 40.56 | 28.49 | 56.53 | 73.35 | 63.88 | 64.14 |
| Short-Term Debt | 595.43M | 6.61M | 44.47M | 38.26M | 41.02M | 12.09M | 12.21M | 1.39M | 1.18M | 2.2M |
| Deferred Revenue (Current) | 504.65K | 21.03M | 103K | 86K | 900.6K | 81.61K | 3.64M | 8.55M | 5.93M | 30.2M |
| Other Current Liabilities | 0 | 464.94K | 27.23M | 36.28M | 2.19M | 17.98M | 18.92M | 23.11M | 4.86M | 3.57M |
| Current Ratio | 0.56x | 1.17x | 1.01x | 0.94x | 1.55x | 9.11x | 4.50x | 3.97x | 3.87x | 3.87x |
| Quick Ratio | 0.40x | 1.17x | 0.99x | 0.94x | 1.55x | 9.11x | 4.50x | 3.97x | 3.86x | 3.86x |
| Cash Conversion Cycle | - | - | 129.02 | - | - | - | - | - | 217.38 | 262.63 |
| Total Non-Current Liabilities | 117.83M | 100.02M | 119.31M | 72.99M | 65.37M | 54.45M | 75.76M | 58.05M | 60.03M | 84.3M |
| Long-Term Debt | 28.84M | 32.51M | 41.44M | 3.37M | 0 | 61.51K | 22.52M | 22.68M | 23.52M | 47.22M |
| Capital Lease Obligations | 0 | 67.5M | 77.88M | 69.62M | 65.37M | 45.69M | 35.82M | 31.83M | 33.02M | 133.38M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 8.7M | 17.42M | 3.53M | 3.49M | 14.98M |
| Other Non-Current Liabilities | 88.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.02B | 245.22M | 253.05M | 182.4M | 153.68M | 89.55M | 119.06M | 115.04M | 109.55M | 125.97M |
| Total Debt | 28.84M | 106.63M | 176.05M | 121.28M | 115.58M | 57.85M | 70.55M | 60.83M | 63.39M | 88.77M |
| Net Debt | 586.93M | 93.2M | 157.03M | 96.99M | 74.99M | -196.53M | -36.74M | -9.35M | 13.38M | 4.14M |
| Debt / Equity | 0.44x | 1.18x | 1.41x | 0.88x | 0.63x | 0.13x | 0.18x | 0.17x | 0.19x | 0.19x |
| Debt / EBITDA | 6.07x | 9.67x | 7.36x | 17.75x | 8.18x | 2.97x | 16.86x | - | 9.89x | -3.28x |
| Net Debt / EBITDA | 123.57x | 8.45x | 6.56x | 14.20x | 5.31x | -10.11x | -8.78x | - | 2.09x | 2.09x |
| Interest Coverage | 1.28x | 1.67x | 1.78x | -0.11x | 1.09x | 2.45x | -0.83x | -3.93x | -0.25x | -9.38x |
| Total Equity | 66.14M▲ 0% | 90.48M▲ 36.8% | 124.67M▲ 37.8% | 137.55M▲ 10.3% | 183.26M▲ 33.2% | 448.4M▲ 144.7% | 388.64M▼ 13.3% | 363.31M▼ 6.5% | 338.02M▼ 7.0% | 323.52M▲ 0% |
| Equity Growth % | -40.91% | 36.79% | 37.78% | 10.33% | 33.24% | 144.68% | -13.33% | -6.52% | -6.96% | -26.81% |
| Book Value per Share | 3.27 | 3.66 | 3.27 | 3.39 | 3.68 | 6.42 | 5.99 | 6.43 | 6.52 | 6.30 |
| Total Shareholders' Equity | 66.14M | 90.48M | 90.67M | 94.72M | 139.14M | 404M | 347.29M | 325.31M | 300.52M | 310.38M |
| Common Stock | 476.66M | 519.23M | 519.31M | 530.21M | 574.5M | 847.36M | 806.28M | 806.71M | 806.71M | 806.71M |
| Retained Earnings | -469.98M | -435.52M | -433.51M | -442.35M | -439.57M | -432.7M | -437.38M | -440.56M | -453.04M | -450.38M |
| Treasury Stock | -513.14K | 0 | 0 | 0 | 0 | -18.45M | -20M | -41.94M | -49.15M | -49.15M |
| Accumulated OCI | 51.23M | -2.24M | -4.49M | -2.86M | -3.57M | -4.62M | -15.11M | -13.63M | -19.12M | -12.01M |
| Minority Interest | 0 | 0 | 34M | 42.83M | 44.12M | 44.41M | 41.35M | 38M | 37.5M | 13.14M |
SOL Cash Flow Statement
Emeren Group, Ltd. (SOL) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 27.53M | 18.43M | -51.09M | 55.91M | -10.03M | -6.42M | -35.25M | -23.49M | -4.29M | -4.29M |
| Operating CF Margin % | 34.2% | 17.9% | -52.72% | 46.94% | -13.65% | -8.05% | -57.51% | -22.23% | -4.66% | - |
| Operating CF Growth % | 1145.88% | -33.06% | -377.19% | 209.45% | -117.95% | 36.06% | -449.41% | 33.37% | 81.72% | 1029.05% |
| Net Income | -34.7M | 3.2M | 5.1M | -11.68M | 2.16M | 6.61M | -4.55M | -3.19M | -11.61M | -5.33M |
| Depreciation & Amortization | 83.21M | 4.48M | 8.4M | 7.8M | 7.34M | 6.79M | 6.82M | 7.83M | 6.92M | 3.92M |
| Stock-Based Compensation | 747K | 870.62K | 439.07K | 348.92K | 369.19K | 2.63M | 1.74M | 1.44M | 377K | 0 |
| Deferred Taxes | 1.45B | 88.05K | -1.09M | 255.54K | -303K | 418.46K | 4.35M | -40K | 132K | 78.01K |
| Other Non-Cash Items | -1.45B | 65.11M | -290K | 23.9M | -5.6M | 3.93M | 3.76M | 8.11M | 6.13M | 21.71M |
| Working Capital Changes | -20.75M | -55.32M | -63.64M | 35.29M | -14M | -26.8M | -47.37M | -37.64M | -6.24M | 31.22M |
| Change in Receivables | -30.51M | 2.08M | -18.36M | 20.77M | -18.13M | -30.35M | -17.72M | 0 | 11.07M | 36.83M |
| Change in Inventory | 10.47M | -24.48B | -24.48B | 102.87K | 0 | -129K | -740.16K | 0 | 0 | -168.93K |
| Change in Payables | -52.55B | 24.45B | 24.45B | 8.24M | 0 | -2.7M | -2.35M | 0 | 0 | -2.92M |
| Cash from Investing | 42.16M | -156.35M | -40.4M | -1.6M | -3.39M | 19.39M | -37.06M | 15.31M | -15.47M | -9.95M |
| Capital Expenditures | -7.1M | -80.31M | -40.4M | -13.69M | -8.25M | -11.62M | -37.62M | -10.75M | -15.75M | -11.13M |
| CapEx % of Revenue | 8.82% | 77.99% | 41.69% | 11.5% | 11.22% | 14.58% | 61.37% | 10.17% | 17.1% | - |
| Acquisitions | 3.19M | 0 | 0 | 25.19M | -3.9M | 33.39M | 2.62M | 15.9M | 0 | 190.9K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 36.67M | -76.04M | 0 | -13.09M | 8.76M | -2.39M | 7.81M | 10.16M | 277K | 981.72K |
| Cash from Financing | -62.37M | 102.4M | 85.83M | -39.31M | 30.18M | 204.88M | -60.28M | -25.26M | -5.85M | 22.07M |
| Debt Issued (Net) | -27.06M | 52.9M | 55.51M | -63.29M | -11.32M | -44.13M | -17M | -3.54M | 1.36M | 22.86M |
| Equity Issued (Net) | -1000K | 0 | 0 | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1.49M | 0 | 0 | 0 | 0 | -18.45M | -43.68M | -21.94M | -7.21M | 0 |
| Other Financing | -33.82M | 49.51M | 30.32M | 12.99M | -3.5M | -5.51M | 0 | 111K | 0 | -796.09K |
| Net Change in Cash | -709K▲ 0% | -23.91M▼ 3271.9% | -4.4M▲ 81.6% | 15.67M▲ 455.9% | 15.98M▲ 2.0% | 213.71M▲ 1237.4% | -147.09M▼ 168.8% | -37.11M▲ 74.8% | -20.16M▲ 45.7% | 51.46M▲ 0% |
| Free Cash Flow | 20.43M▲ 0% | -61.88M▼ 402.9% | -91.49M▼ 47.8% | 42.22M▲ 146.1% | -18.28M▼ 143.3% | -18.03M▲ 1.4% | -72.87M▼ 304.1% | -34.23M▲ 53.0% | -20.04M▲ 41.5% | 33.73M▲ 0% |
| FCF Margin % | 25.38% | -60.1% | -94.41% | 35.44% | -24.87% | -22.64% | -118.89% | -32.41% | -21.77% | 47.36% |
| FCF Growth % | 239.83% | -402.91% | -47.83% | 146.15% | -143.3% | 1.36% | -304.07% | 53.02% | 41.46% | 244.41% |
| FCF per Share | 1.01 | -2.51 | -2.40 | 1.04 | -0.37 | -0.26 | -1.12 | -0.61 | -0.39 | -0.39 |
| FCF Conversion (FCF/Net Income) | -0.79x | 0.53x | -29.04x | -6.33x | -3.61x | -0.94x | 7.54x | 7.37x | 0.34x | -6.33x |
| Interest Paid | 2.97M | 3.94M | 8.28M | 9.04M | 6.19M | 5.2M | 3.17M | 2.03M | 1.99M | 0 |
| Taxes Paid | 79.98K | 42.88K | 637.53K | 338.1K | 509.49K | 366.35K | 1.31M | 1.3M | 3.58M | 0 |
SOL Key Ratios
Emeren Group, Ltd. (SOL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -38.97% | 44% | 1.64% | -6.74% | 1.73% | 2.17% | -1.12% | -0.85% | -3.56% | -1.65% |
| Return on Invested Capital (ROIC) | 0.41% | 4.08% | 4.88% | -0.27% | 2.06% | 3.72% | -0.65% | -1.84% | -0.11% | -0.11% |
| Gross Margin | 8.98% | 13.72% | 28.97% | 28.73% | 22.7% | 39.45% | 25.02% | 23.68% | 26.2% | 33.95% |
| Net Margin | -43.1% | 33.46% | 1.82% | -7.41% | 3.78% | 8.61% | -7.62% | -3.02% | -13.55% | -7.48% |
| Debt / Equity | 0.44x | 1.18x | 1.41x | 0.88x | 0.63x | 0.13x | 0.18x | 0.17x | 0.19x | 0.19x |
| Interest Coverage | 1.28x | 1.67x | 1.78x | -0.11x | 1.09x | 2.45x | -0.83x | -3.93x | -0.25x | -9.38x |
| FCF Conversion | -0.79x | 0.53x | -29.04x | -6.33x | -3.61x | -0.94x | 7.54x | 7.37x | 0.34x | -6.33x |
| Revenue Growth | -93.72% | 27.91% | -5.89% | 22.92% | -38.29% | 8.38% | -23.06% | 72.36% | -12.85% | -30.5% |
SOL Frequently Asked Questions
Emeren Group, Ltd. (SOL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Emeren Group, Ltd. (SOL) reported $71.2M in revenue for fiscal year 2024.
Emeren Group, Ltd. (SOL) saw revenue decline by 12.8% over the past year.
Emeren Group, Ltd. (SOL) reported a net loss of $5.3M for fiscal year 2024.
Dividend & Returns
Emeren Group, Ltd. (SOL) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.
Emeren Group, Ltd. (SOL) generated $33.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Emeren Group, Ltd. (SOL) financial analysis — history, returns, DCA and operating performance tools
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