Stock Scorecard



Stock Summary for Emeren Group Ltd (SOL) - $1.81 as of 4/26/2024 3:47:50 PM EST

Total Score

16 out of 29

Currently on the following lists
None
Tim's Recommendation
Possible Buy

Growth List Algorithm Criteria for SOL

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for SOL

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for SOL

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for SOL

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for SOL

Emeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh Capacity - Emeren Group ( NYSE:SOL ) 4/23/2024 10:00:00 AM
Emeren Group Announces Receipt of Notice of Late Filing from NYSE 4/19/2024 10:00:00 AM
Marijuana Stock Movers For April 11, 2024 - Cannabix Technologies ( OTC:BLOZF ) , Belgravia Hartford Cap ( OTC:BLGVF ) 4/11/2024 8:30:00 PM
Cannabis Stock Movers For April 4, 2024 - Aurora Cannabis ( NASDAQ:ACB ) , AusCann Group Holdings ( OTC:ACNNF ) 4/4/2024 8:30:00 PM
TotalEnergies ( TTE ) Starts New Battery Storage Project in Belgium 4/4/2024 1:03:00 PM
Cannabis Stock Movers For April 3, 2024 - Aurora Cannabis ( NASDAQ:ACB ) , Australis Capital ( OTC:AUSAF ) 4/3/2024 8:30:00 PM
Emeren ( SOL ) Q4 Earnings Miss Estimates, Revenues Beat 4/3/2024 1:11:00 PM
Enphase ( ENPH ) Unveils IQ8P Microinverter in France and Spain 4/3/2024 12:51:00 PM
Emeren Group ( NYSE:SOL ) Upgraded to "Sell" by StockNews.com 4/2/2024 6:24:00 AM
Cannabis Stock Movers For April 1, 2024 - Aurora Cannabis ( NASDAQ:ACB ) , Target Group ( OTC:CBDY ) 4/1/2024 8:30:00 PM

Financial Details for SOL

Company Overview

Ticker SOL
Company Name Emeren Group Ltd
Country China
Description ReneSola Ltd, develops, builds, operates and sells solar energy projects. The company is headquartered in Stamford, Connecticut.
Sector Name MANUFACTURING
Industry Name SEMICONDUCTORS & RELATED DEVICES
Most Recent Quarter 12/31/2023
Next Earnings Date 5/29/2024

Stock Price History

Last Day Price 1.81
Last Day Price Updated 4/26/2024 3:47:50 PM EST
Last Day Volume 0
Average Daily Volume 635,197
52-Week High 4.28
52-Week Low 1.54
Last Price to 52 Week Low 17.53%

Valuation Measures

Trailing PE 18.10
Industry PE 43.78
Sector PE 32.71
5-Year Average PE 35.21
Free Cash Flow Ratio 1.47
Industry Free Cash Flow Ratio 20.64
Sector Free Cash Flow Ratio 45.42
Current Ratio Most Recent Quarter 3.17
Total Cash Per Share 1.23
Book Value Per Share Most Recent Quarter 5.91
Price to Book Ratio 0.36
Industry Price to Book Ratio 5.18
Sector Price to Book Ratio 5.00
Price to Sales Ratio Twelve Trailing Months 1.10
Industry Price to Sales Ratio Twelve Trailing Months 5.32
Sector Price to Sales Ratio Twelve Trailing Months 2.17

Share Statistics

Total Shares Outstanding 57,282,000
Market Capitalization 103,680,420
Institutional Ownership N/A

Dividends

Ex-Dividend Date N/A
Last Dividend Amount 0.00
Current Dividend Amount 0.00
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.00
Trailing Annual Dividend Yield 0.00%
Forward Annual Dividend Rate 0.00
Forward Annual Dividend Yield 0.00%
5-Year Dividend Payments Count 0
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 0.00%
All-Time Dividend Growth Rate Percentage 0.00%
Dividend Payout Ratio N/A

Income Statement

Quarterly Earnings Growth YOY 342.00%
Annual Earnings Growth -257.95%
Reported EPS 12 Trailing Months 0.10
Reported EPS Past Year 0.00
Reported EPS Prior Year -0.18
Net Income Twelve Trailing Months -27,482,999
Net Income Past Year -9,324,000
Net Income Prior Year 5,903,000
Quarterly Revenue Growth YOY 112.80%
5-Year Revenue Growth 1.55%

Balance Sheet

Total Cash Most Recent Quarter 70,174,000
Total Cash Past Year 70,174,000
Total Cash Prior Year 107,105,000
Net Cash Position Most Recent Quarter 48,440,000
Net Cash Position Past Year 47,613,000
Long Term Debt Past Year 22,561,000
Long Term Debt Prior Year 22,561,000
Total Debt Most Recent Quarter 21,734,000
Equity to Debt Ratio Past Year 0.94
Equity to Debt Ratio Most Recent Quarter 0.94
Total Stockholder Equity Past Year 326,315,000
Total Stockholder Equity Prior Year 358,172,000
Total Stockholder Equity Most Recent Quarter 326,315,000

Options

Put/Call Ratio 5.00
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.08
MACD Signal -0.05
20-Day Bollinger Lower Band 1.44
20-Day Bollinger Middle Band 2.12
20-Day Bollinger Upper Band 2.79
Beta 1.80
RSI 45.01
50-Day SMA 2.81
200-Day SMA 5.65

System

Modified 4/27/2024 11:51:29 AM EST