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
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 119 | 96.91 | 103 | 80.50 | 116 | 1,561 | 1,520 | 969 | 985 | 1,206 |
| Revenue Growth | 22.92% | -5.89% | 27.91% | -30.8% | -92.55% | 2.75% | 56.8% | -1.64% | -18.27% | - |
| Gross Profit | 34.23 | 28.07 | 14.13 | 7.23 | 23.04 | 209 | 113 | -38.14 | 96.05 | 348 |
| Operating Income | -0.96 | 15.53 | 6.56 | 2.35 | 16.32 | 8.22 | -221 | -179 | 11.54 | 246 |
| Net Income | -8.83 | 1.76 | 34.46 | -34.70 | -5.08 | -33.63 | -259 | -243 | 0.33 | 169 |
| Shares Outstanding | 381 | 381 | 247 | 202 | 204 | 204 | 182 | 173 | 173 | 173 |
| Earnings Per Share | -2.20 | 0.50 | 1.30 | -1.70 | -0.20 | -1.70 | -14.20 | -14.00 | - | 9.70 |
| EPS Growth | - | -61.54% | - | - | - | - | - | - | - | - |
| Operating Cash Flow | 55.91 | -51.09 | 18.43 | 27.53 | 2.21 | -122 | 119 | -94.73 | -22.06 | 403 |
| Capital Expenditures | -1.60 | -40.40 | -80.31 | - | - | -35.74 | -126 | -136 | -153 | -143 |
| Free Cash Flow | 54.32 | -91.49 | -61.88 | 27.53 | 2.21 | -157 | -7.23 | -231 | -175 | 260 |
| Cash & Equivalents | 24.70 | 9.03 | 13.43 | 3.96 | 222 | 237 | 350 | 269 | 438 | 339 |
| Total Debt | 121 | 164 | 107 | 28.84 | 734 | 793 | 854 | 902 | 827 | 522 |
| Net Cash / Debt | -96.59 | -155 | -93.20 | -24.87 | -512 | -556 | -504 | -633 | -389 | -183 |
| Assets | 320 | 378 | 336 | 1,088 | 1,346 | 1,669 | 2,140 | 2,058 | 1,949 | 1,594 |
| Liabilities | 182 | 253 | 245 | 1,022 | 1,234 | 1,534 | 1,971 | 1,694 | 1,348 | 1,007 |
| Book Value | 94.72 | 90.67 | 90.48 | 66.15 | 112 | 135 | 169 | 364 | 601 | 586 |
Numbers in millions USD, except per-share numbers.
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.