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ReneSola Ltd. (SOL)

Stock Price: $3.09 USD -0.04 (-1.28%)
Updated Oct 28, 2020 4:00 PM EDT - Market closed
Pre-market: $3.10 +0.01 (0.32%) Oct 29, 8:22 AM

Stock Price Chart

Key Info

Market Cap 148.64M
Revenue (ttm) 119.12M
Net Income (ttm) -8.83M
Shares Out 48.10M
EPS (ttm) -0.22
PE Ratio n/a
Forward PE 38.61
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 28, 2020
Last Price $3.09
Previous Close $3.13
Change ($) -0.04
Change (%) -1.28%
Day's Open 3.20
Day's Range 3.03 - 3.25
Day's Volume 802,686
52-Week Range 0.85 - 4.39

More Stats

Market Cap 148.64M
Enterprise Value 245.22M
Earnings Date (est) Nov 24, 2020
Ex-Dividend Date n/a
Shares Outstanding 48.10M
Float 48.05M
EPS (basic) -2.20
EPS (diluted) -0.22
FCF / Share 1.43
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 36.54%
Payout Ratio n/a
Shares Short 449,995
Short Ratio 0.14
Short % of Float 0.94%
Beta 1.57
PE Ratio n/a
Forward PE 38.61
P/FCF Ratio 2.74
PS Ratio 1.25
PB Ratio 1.70
Revenue 119.12M
Operating Income -964,304
Net Income -8.83M
Free Cash Flow 54.32M
Net Cash -96.59M
Net Cash / Share -2.01
Gross Margin 24.47%
Operating Margin -0.81%
Profit Margin -7.40%
FCF Margin 45.60%
ROA 1.65%
ROE -10.41%
ROIC 0.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (2)

Buy 1
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$3.18*
(2.91% upside)
Low
2.35
Current: $3.09
High
4.00
Target: 3.18
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue11996.9110380.501161,5611,5209699851,206
Revenue Growth22.92%-5.89%27.91%-30.8%-92.55%2.75%56.8%-1.64%-18.27%-
Gross Profit34.2328.0714.137.2323.04209113-38.1496.05348
Operating Income-0.9615.536.562.3516.328.22-221-17911.54246
Net Income-8.831.7634.46-34.70-5.08-33.63-259-2430.33169
Shares Outstanding381381247202204204182173173173
Earnings Per Share-2.200.501.30-1.70-0.20-1.70-14.20-14.00-9.70
EPS Growth--61.54%--------
Operating Cash Flow55.91-51.0918.4327.532.21-122119-94.73-22.06403
Capital Expenditures-1.60-40.40-80.31---35.74-126-136-153-143
Free Cash Flow54.32-91.49-61.8827.532.21-157-7.23-231-175260
Cash & Equivalents24.709.0313.433.96222237350269438339
Total Debt12116410728.84734793854902827522
Net Cash / Debt-96.59-155-93.20-24.87-512-556-504-633-389-183
Assets3203783361,0881,3461,6692,1402,0581,9491,594
Liabilities1822532451,0221,2341,5341,9711,6941,3481,007
Book Value94.7290.6790.4866.15112135169364601586
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name ReneSola Ltd.
Country China
Employees 159
CEO Yumin Liu

Stock Information

Ticker Symbol SOL
Stock Exchange New York Stock Exchange
Sector Technology
Industry Solar
Unique Identifier NYSE: SOL
IPO Date January 29, 2008

Description

ReneSola, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction business includes engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of February 28, 2019, it operated approximately 100 solar power projects with an aggregate capacity of 232 MW. ReneSola Ltd. has operations in the United States and Europe. The company was founded in 2005 and is headquartered in Stamford, Connecticut.