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 EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Revenue
71.2392.07105.6461.2979.6673.5
Revenue Growth
-30.50%-12.85%72.36%-23.06%8.38%-38.29%
Gross Profit
24.1824.1225.0115.3431.4216.69
Operating Income
-3.434.22-1.79-2.4613.28-7.3
Net Income
-9.13-12.48-3.19-4.676.862.78
Earnings Per Share
-0.18-0.24-0.10-0.100.100.06
EPS Growth
----76.20%-

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 EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Cash & Investments
84.6459.8883.9118.63262.1140.59
Total Debt
88.7763.3960.8370.5557.85115.58
Net Cash (Debt)
-4.14-3.5123.0848.08204.26-74.99
Net Cash Growth
---52.00%-76.46%--
Net Cash Per Share
-0.08-0.070.410.742.92-1.51

Cash Flow & CapEx

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Operating Cash Flow
44.79-4.29-23.49-38.02-6.1-10.03
Capital Expenditures
-11.13-15.75-10.75-37.62-11.62-8.25
Free Cash Flow
33.66-20.04-34.24-75.63-17.72-18.28
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Gross Margin
33.95%26.20%23.68%25.02%39.45%22.70%
Operating Margin
-4.82%4.58%-1.69%-4.02%16.67%-9.93%
Pretax Margin
-45.09%-10.42%-2.75%-4.29%9.28%3.16%
Profit Margin
-12.82%-13.55%-3.02%-7.62%8.61%3.78%
FCF Margin
47.26%-21.77%-32.41%-123.40%-22.24%-24.87%

Valuation

Fiscal YearCurrentFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingAug '26 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
PE Ratio
----60.58234.69
Forward PE
-10.327.8614.2422.0761.78
PS Ratio
1.411.131.364.615.228.87