Emeren Group Ltd (SOL)
Dec 15, 2025 - SOL was delisted (reason: acquired by Shurya Vitra)
1.940
+0.010 (0.52%)
Inactive · Last trade price on Dec 12, 2025

Emeren Group Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingJun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Revenue
68.4592.07105.6461.2979.6673.5
Revenue Growth
-33.29%-12.85%72.36%-23.06%8.38%-38.29%
Gross Profit
20.2924.1225.0115.3431.4216.69
Operating Income
-40.17-0.5-8.66-2.6312.656.78
Net Income
-3.95-12.48-3.19-4.676.862.78
Earnings Per Share
-0.08-0.24-0.06-0.070.100.06
EPS Growth
----66.67%-

Revenue by Segment

Fiscal YearFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingDec '23 Dec '22 Dec '21 Dec '20 Dec '19
Engineering, Procurement and Construction Services
43.924.76--0.07
Electricity Generation
29.4121.6517.9723.5528.71
Solar Power Project Development
25.1513.7561.0449.1690.1
Other
7.181.120.660.80.24

Cash & Debt

Fiscal YearCurrentFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingJun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Cash & Investments
48.3650.0170.17107.29254.3840.68
Total Debt
83.263.3960.8370.5557.85115.58
Net Cash (Debt)
-34.85-13.389.3536.74196.53-74.9
Net Cash Growth
---74.55%-81.31%--
Net Cash Per Share
-0.68-0.260.170.572.81-1.50

Cash Flow & CapEx

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingJun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Operating Cash Flow
5.15-4.29-23.49-38.02-6.1-10.03
Capital Expenditures
--15.75-10.75-37.62-11.62-8.25
Free Cash Flow
-16.71-20.04-34.24-75.63-17.72-18.28
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingJun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Gross Margin
29.65%26.20%23.68%25.02%39.45%22.70%
Operating Margin
-58.68%-0.55%-8.20%-4.30%15.88%9.22%
Pretax Margin
-45.19%-10.42%-2.75%-4.29%9.28%3.16%
Profit Margin
-47.12%-12.61%-5.14%-7.42%8.30%2.93%
FCF Margin
-24.42%-21.77%-32.41%-123.40%-22.24%-24.87%

Valuation

Fiscal YearCurrentFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingJul '26 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
PE Ratio
----59.60190.50
Forward PE
-10.327.8614.2422.0761.78
PS Ratio
1.411.131.454.555.208.90