Emeren Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	84.64	50.01	70.17	107.11	254.07	40.59
Short-Term Investments	-	9.86	13.73	11.52	8.05	-
Cash & Short-Term Investments	84.64	59.88	83.9	118.63	262.11	40.59
Cash Growth	65.72%	-28.64%	-29.27%	-54.74%	545.71%	67.10%
Accounts Receivable	35.32	62.45	86.72	65.55	45.82	20.19
Other Receivables	3.28	8.37	7.05	5.3	7.08	37.88
Receivables	38.6	70.82	93.78	70.85	52.9	58.07
Prepaid Expenses	17.08	-	-	-	-	-
Restricted Cash	1.88	-	-	0.18	0.32	0.08
Other Current Assets	36.23	60.7	48.77	31.07	13.85	38
Total Current Assets	178.41	191.39	226.45	220.73	329.19	136.75
Property, Plant & Equipment	198.79	219.34	198.36	214.83	167.15	168.75
Long-Term Investments	-	-	-	10.05	-	-
Goodwill	-	-	-	1.02	1.02	1.02
Long-Term Accounts Receivable	-	17.2	16.4	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	0.78	1.18
Other Long-Term Assets	72.29	19.63	37.14	47.22	31.13	29.24
Total Assets	449.5	447.57	478.35	493.85	529.27	336.94
Accounts Payable	7.67	15.92	21.17	8.59	13.3	13.97
Accrued Expenses	1.27	1.54	0.99	0.7	0.49	1.14
Short-Term Debt	-	-	-	-	-	41.02
Current Portion of Long-Term Debt	2.2	1.18	1.39	1.01	-	-
Current Portion of Leases	6.18	5.67	4.92	11.21	12.09	9.19
Current Income Taxes Payable	1.24	0.61	2.1	0.86	0.84	0.95
Current Unearned Revenue	5.38	5.93	8.55	3.64	0.08	0.9
Other Current Liabilities	17.73	18.67	17.87	17.29	8.29	21.14
Total Current Liabilities	41.67	49.52	56.99	43.3	35.1	88.31
Long-Term Debt	47.22	23.52	22.69	22.52	0.06	-
Long-Term Leases	33.17	33.02	31.83	35.82	45.69	65.37
Long-Term Deferred Tax Liabilities	3.91	3.49	3.53	3.57	-	-
Total Liabilities	125.98	109.55	115.04	105.21	80.86	153.68
Common Stock	806.71	806.71	806.71	806.28	847.38	574.5
Additional Paid-In Capital	15.2	15.1	14.73	13.5	12.4	7.77
Retained Earnings	-450.38	-453.04	-440.56	-437.38	-432.71	-439.57
Treasury Stock	-49.15	-49.15	-41.94	-20	-18.45	-
Comprehensive Income & Other	-12.01	-19.12	-13.63	-15.11	-4.62	-3.57
Total Common Equity	310.38	300.52	325.31	347.29	404.01	139.14
Minority Interest	13.14	37.5	38	41.35	44.41	44.12
Shareholders' Equity	323.52	338.02	363.31	388.64	448.41	183.26
Total Liabilities & Equity	449.5	447.57	478.35	493.85	529.27	336.94
Total Debt	88.77	63.39	60.83	70.55	57.85	115.58
Net Cash (Debt)	-4.14	-3.51	23.08	48.08	204.26	-74.99
Net Cash Growth	-	-	-52.00%	-76.46%	-	-
Net Cash Per Share	-0.08	-0.07	0.41	0.74	2.92	-1.51
Filing Date Shares Outstanding	51.32	51.32	51.22	52.44	62.55	69.75
Total Common Shares Outstanding	51.32	52.81	54.62	55.44	62.57	57.25
Working Capital	136.74	141.87	169.46	177.43	294.09	48.44
Book Value Per Share	6.05	5.69	5.96	6.26	6.46	2.43
Tangible Book Value	310.38	300.52	325.31	346.27	402.98	138.11
Tangible Book Value Per Share	6.05	5.69	5.96	6.25	6.44	2.41
Land	-	0.98	0.28	0.28	0.28	0.28
Machinery	-	214.71	188.68	192.27	139.71	132.64
Construction In Progress	-	13.91	1.28	3.37	4.84	0.75

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q