Stock Price

1,82 USD

-4.03% ROA

-2.29% ROE

-7.66x PER

Market Cap.

139.247.104,00 USD

9.65% DER

0% Yield

-7.14% NPM

ReneSola Ltd Stock Analysis

ReneSola Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

ReneSola Ltd Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.45x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (21%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 ROE

The stock's ROE falls within an average range (2.03%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (1.5%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (75), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

ReneSola Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

ReneSola Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

ReneSola Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

ReneSola Ltd Revenue
Year Revenue Growth
2004 0
2005 5.087.962 100%
2006 84.370.679 93.97%
2007 248.973.085 66.11%
2008 670.366.104 62.86%
2009 510.405.000 -31.34%
2010 1.205.579.000 57.66%
2011 985.279.000 -22.36%
2012 969.132.000 -1.67%
2013 1.519.635.000 36.23%
2014 1.561.497.000 2.68%
2015 1.282.031.000 -21.8%
2016 929.836.000 -37.88%
2017 102.973.999 -802.98%
2018 96.906.000 -6.26%
2019 119.117.000 18.65%
2020 73.915.000 -61.15%
2021 79.661.792 7.21%
2022 81.413.000 2.15%
2023 55.792.000 -45.92%
2023 105.642.000 47.19%
2024 120.228.000 12.13%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

ReneSola Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 38.968 100%
2007 1.142.623 96.59%
2008 9.713.621 88.24%
2009 14.507.000 33.04%
2010 36.263.000 60%
2011 47.055.000 22.93%
2012 44.102.000 -6.7%
2013 46.452.000 5.06%
2014 52.575.000 11.65%
2015 43.905.000 -19.75%
2016 27.287.000 -60.9%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

ReneSola Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 23.000
2005 0 0%
2006 0 0%
2007 356.000 100%
2008 23.193.809 98.47%
2009 35.044.000 33.82%
2010 43.314.000 19.09%
2011 38.550.000 -12.36%
2012 50.882.000 24.24%
2013 54.960.000 7.42%
2014 67.294.000 18.33%
2015 59.290.000 -13.5%
2016 51.458.000 -15.22%
2017 6.179.274 -732.75%
2018 10.199.000 39.41%
2019 15.757.000 35.27%
2020 14.513.000 -8.57%
2021 16.998.675 14.62%
2022 16.908.000 -0.54%
2023 27.856.000 39.3%
2023 25.961.000 -7.3%
2024 21.416.000 -21.22%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

ReneSola Ltd EBITDA
Year EBITDA Growth
2004 28.000
2005 890.975 96.86%
2006 22.435.598 96.03%
2007 51.649.899 56.56%
2008 -25.277.757 304.33%
2009 -56.388.000 55.17%
2010 304.133.000 118.54%
2011 102.135.000 -197.78%
2012 -62.089.000 264.5%
2013 102.037.000 160.85%
2014 103.451.000 1.37%
2015 122.292.000 15.41%
2016 75.112.000 -62.81%
2017 11.039.320 -580.4%
2018 16.072.000 31.31%
2019 6.739.000 -138.49%
2020 9.668.000 30.3%
2021 21.461.570 54.95%
2022 8.991.000 -138.7%
2023 3.076.000 -192.3%
2023 8.195.000 62.46%
2024 11.836.000 30.76%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

ReneSola Ltd Gross Profit
Year Gross Profit Growth
2004 0
2005 1.410.786 100%
2006 24.725.099 94.29%
2007 53.496.015 53.78%
2008 -14.309.829 473.84%
2009 -37.242.000 61.58%
2010 347.964.000 110.7%
2011 96.053.000 -262.26%
2012 -35.694.000 369.1%
2013 103.263.000 134.57%
2014 209.283.000 50.66%
2015 187.874.000 -11.4%
2016 109.496.000 -71.58%
2017 14.131.755 -674.82%
2018 28.069.000 49.65%
2019 34.226.000 17.99%
2020 17.166.000 -99.38%
2021 31.424.841 45.37%
2022 24.481.000 -28.36%
2023 22.740.000 -7.66%
2023 25.013.000 9.09%
2024 37.528.000 33.35%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

ReneSola Ltd Net Profit
Year Net Profit Growth
2004 7.000
2005 1.190.865 99.41%
2006 25.300.799 95.29%
2007 42.936.291 41.07%
2008 -54.906.126 178.2%
2009 -63.661.000 13.75%
2010 168.996.000 137.67%
2011 333.000 -50649.55%
2012 -203.449.000 100.16%
2013 -259.527.000 21.61%
2014 -33.630.000 -671.71%
2015 -5.075.000 -562.66%
2016 -34.698.000 85.37%
2017 34.457.538 200.7%
2018 1.759.000 -1858.93%
2019 -11.680.000 115.06%
2020 2.778.655 520.35%
2021 6.861.873 59.51%
2022 5.903.000 -16.24%
2023 -37.560.000 115.72%
2023 -3.186.000 -1078.91%
2024 13.720.000 123.22%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

ReneSola Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 3 100%
2007 4 25%
2008 -4 200%
2009 -4 0%
2010 10 144.44%
2011 0 0%
2012 -12 100%
2013 -14 21.43%
2014 -2 -1300%
2015 0 0%
2016 -2 100%
2017 1 200%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 -1 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

ReneSola Ltd Free Cashflow
Year Free Cashflow Growth
2005 -1.157.684
2006 -33.105.768 96.5%
2007 -133.059.765 75.12%
2008 -373.139.100 64.34%
2009 -413.174.000 9.69%
2010 258.638.000 259.75%
2011 -174.780.000 247.98%
2012 -230.049.000 24.02%
2013 -6.407.000 -3490.59%
2014 -165.316.000 96.12%
2015 -14.611.000 -1031.45%
2016 20.430.000 171.52%
2017 -61.884.199 133.01%
2018 -91.485.769 32.36%
2019 42.220.251 316.69%
2020 -22.181.790 290.34%
2021 -18.033.137 -23.01%
2022 -72.866.815 75.25%
2023 -4.644.000 -1469.05%
2023 -34.235.000 86.43%
2024 -6.092.999 -461.87%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

ReneSola Ltd Operating Cashflow
Year Operating Cashflow Growth
2005 1.081.858
2006 -15.498.903 106.98%
2007 -31.661.484 51.05%
2008 -34.814.243 9.06%
2009 -53.679.000 35.14%
2010 403.170.000 113.31%
2011 -22.028.000 1930.26%
2012 -93.629.000 76.47%
2013 119.831.000 178.13%
2014 -110.804.000 208.15%
2015 2.210.000 5113.76%
2016 27.534.000 91.97%
2017 18.430.114 -49.4%
2018 -51.086.000 136.08%
2019 55.914.000 191.37%
2020 -13.934.000 501.28%
2021 -6.416.000 -117.18%
2022 -35.250.000 81.8%
2023 -4.644.000 -659.04%
2023 -23.488.000 80.23%
2024 -2.211.999 -961.84%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

ReneSola Ltd Capital Expenditure
Year Capital Expenditure Growth
2005 2.239.542
2006 17.606.865 87.28%
2007 101.398.281 82.64%
2008 338.324.857 70.03%
2009 359.495.000 5.89%
2010 144.532.000 -148.73%
2011 152.752.000 5.38%
2012 136.420.000 -11.97%
2013 126.238.000 -8.07%
2014 54.512.000 -131.58%
2015 16.821.000 -224.07%
2016 7.104.000 -136.78%
2017 80.314.313 91.15%
2018 40.399.769 -98.8%
2019 13.693.749 -195.02%
2020 8.247.790 -66.03%
2021 11.617.137 29%
2022 37.616.815 69.12%
2023 0 0%
2023 10.747.000 100%
2024 3.881.000 -176.91%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

ReneSola Ltd Equity
Year Equity Growth
2004 439.000
2005 2.702.515 83.76%
2006 72.540.732 96.27%
2007 134.925.565 46.24%
2008 382.087.480 64.69%
2009 397.403.000 3.85%
2010 586.465.000 32.24%
2011 601.142.000 2.44%
2012 403.962.000 -48.81%
2013 166.514.000 -142.6%
2014 140.388.000 -18.61%
2015 111.934.000 -25.42%
2016 66.145.000 -69.23%
2017 90.482.470 26.9%
2018 124.666.000 27.42%
2019 137.546.000 9.36%
2020 183.737.000 25.14%
2021 448.413.000 59.03%
2022 399.523.000 -12.24%
2023 363.309.000 -9.97%
2023 360.677.000 -0.73%
2024 347.521.000 -3.79%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

ReneSola Ltd Assets
Year Assets Growth
2004 908.000
2005 10.059.402 90.97%
2006 128.585.563 92.18%
2007 440.609.347 70.82%
2008 1.007.787.769 56.28%
2009 1.285.841.000 21.62%
2010 1.589.924.000 19.13%
2011 1.948.976.000 18.42%
2012 2.098.849.000 7.14%
2013 2.139.751.000 1.91%
2014 1.674.239.000 -27.8%
2015 1.346.319.000 -24.36%
2016 1.088.406.000 -23.7%
2017 335.698.792 -224.22%
2018 377.714.000 11.12%
2019 319.943.000 -18.06%
2020 337.353.000 5.16%
2021 529.270.000 36.26%
2022 500.509.000 -5.75%
2023 478.379.000 -4.63%
2023 454.428.000 -5.27%
2024 457.751.000 0.73%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

ReneSola Ltd Liabilities
Year Liabilities Growth
2004 469.000
2005 7.356.887 93.63%
2006 56.044.831 86.87%
2007 305.683.782 81.67%
2008 625.700.289 51.15%
2009 888.438.000 29.57%
2010 1.003.459.000 11.46%
2011 1.347.834.000 25.55%
2012 1.694.887.000 20.48%
2013 1.973.237.000 14.11%
2014 1.533.851.000 -28.65%
2015 1.234.385.000 -24.26%
2016 1.022.261.000 -20.75%
2017 245.216.322 -316.88%
2018 253.048.000 3.09%
2019 182.397.000 -38.73%
2020 153.616.000 -18.74%
2021 80.857.000 -89.98%
2022 100.986.000 19.93%
2023 115.070.000 12.24%
2023 93.751.000 -22.74%
2024 110.230.000 14.95%

ReneSola Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.92
Net Income per Share
-0.34
Price to Earning Ratio
-7.66x
Price To Sales Ratio
1.35x
POCF Ratio
-22.06
PFCF Ratio
-5.83
Price to Book Ratio
0.46
EV to Sales
1.47
EV Over EBITDA
116.51
EV to Operating CashFlow
-23.59
EV to FreeCashFlow
-6.33
Earnings Yield
-0.13
FreeCashFlow Yield
-0.17
Market Cap
0,14 Bil.
Enterprise Value
0,15 Bil.
Graham Number
6.7
Graham NetNet
-0.04

Income Statement Metrics

Net Income per Share
-0.34
Income Quality
0.28
ROE
-0.06
Return On Assets
-0.02
Return On Capital Employed
0
Net Income per EBT
2.32
EBT Per Ebit
-2.83
Ebit per Revenue
0.01
Effective Tax Rate
-1.37

Margins

Sales, General, & Administrative to Revenue
0.23
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.22
Operating Profit Margin
0.01
Pretax Profit Margin
-0.03
Net Profit Margin
-0.07

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.12
Free CashFlow per Share
-0.45
Capex to Operating CashFlow
-2.73
Capex to Revenue
0.17
Capex to Depreciation
2.34
Return on Invested Capital
-0.02
Return on Tangible Assets
-0.04
Days Sales Outstanding
270.73
Days Payables Outstanding
68.97
Days of Inventory on Hand
0
Receivables Turnover
1.35
Payables Turnover
5.29
Inventory Turnover
0
Capex per Share
0.33

Balance Sheet

Cash per Share
0,95
Book Value per Share
6,49
Tangible Book Value per Share
6.49
Shareholders Equity per Share
5.78
Interest Debt per Share
0.55
Debt to Equity
0.1
Debt to Assets
0.07
Net Debt to EBITDA
9.15
Current Ratio
2.89
Tangible Asset Value
0,35 Bil.
Net Current Asset Value
0,04 Bil.
Invested Capital
281574000
Working Capital
0,10 Bil.
Intangibles to Total Assets
0
Average Receivables
0,08 Bil.
Average Payables
0,02 Bil.
Average Inventory
0
Debt to Market Cap
0.21

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

ReneSola Ltd Dividends
Year Dividends Growth

ReneSola Ltd Profile

About ReneSola Ltd

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides 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 December 31, 2021, it operated approximately 100 solar power projects with an aggregate capacity of 180 megawatts. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.

CEO
Mr. Yumin Liu
Employee
197
Address
850 Canal Street
Stamford, 06902

ReneSola Ltd Executives & BODs

ReneSola Ltd Executives & BODs
# Name Age
1 Xin Wang
Compliance Director
70
2 Mr. Enrico Bocchi
Executive Vice President of Europe
70
3 Mr. Cameron Moore
Executive Vice President of North America
70
4 Jake Snow
Human Resources Director
70
5 Susu Geng
Secretary
70
6 Mr. KaiKai Zhang
Executive Vice President of China
70
7 Fei Wang
Vice President of Finance
70
8 Mr. Chee Loong Cheah
Chief Investment Officer & Executive Vice President of Europe
70
9 Mr. Yumin Liu
Chief Executive Officer & Director
70
10 Mr. Ke Chen
Chief Financial Officer
70

ReneSola Ltd Competitors