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Emeren Group Ltd (SOL) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues61.379.773.5119.196.9103.080.5116.3
            Revenue growth-23.1%8.4%-38.3%22.9%-5.9%27.9%-30.8%-92.6%
Cost of goods sold46.048.256.884.968.888.873.393.3
Gross profit15.331.416.734.228.114.17.223.0
            Gross margin25.0%39.4%22.7%28.7%29.0%13.7%9.0%19.8%
Sales and marketing0.40.30.40.80.91.70.50.2
Research and development        
General and administrative17.217.014.515.810.26.26.87.4
EBIT-2.612.76.8-1.015.5-99.72.316.3
            EBIT margin-4.3%15.9%9.2%-0.8%16.0%-96.9%2.9%14.0%
Pre-tax income-2.67.42.3-10.64.93.50.220.2
Income taxes1.90.80.21.1-0.20.30.10.0
            Tax rate 10.5%7.0%  9.1%58.3% 
Earnings from continuing ops-4.76.92.8-8.81.83.20.120.2
Earnings from discontinued ops     31.3-34.8-25.3
Net income-4.76.92.8-8.81.834.5-34.7-5.1
            Net margin-7.6%8.6%3.8%-7.4%1.8%33.5%-43.1%-4.4%
 
Diluted EPS($0.07)$0.10$0.06($0.22)$0.05$0.13$0.00$0.10
Shares outstanding (diluted)64.969.849.840.638.124.7202.4204.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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