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ReneSola (SOL) Key Ratios

Stock Card factsheet share-fund-plan-icon

$1.94

up-down-arrow $0.01 (0.52%)

As on 12-Dec-2025 16:24EDT

Market cap

info icon

$100 Mln

Revenue (TTM)

info icon

$71 Mln

P/E Ratio

info icon

--

P/B Ratio

info icon

0.3

Div. Yield

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0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 21.43 21.63 -30.63 6.82 -3.16
EBIT 126.78 -4.37 -429.88 -402.05 -217.76
Net Profit -101.13 -108.35 1,753.06 95.60 -34.11
EPS 138.75 -28.36 86.25 -23.41 8.57
Book Value -- -- -1.01 0.22 24.33
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMDec-24Dec-23
EBIT-Margin info -5.032.45-40.75-8.26-7.70
Net Margin info -----7.48----
Return on equity info -2.66-0.626.51-3.98-2.77
Return on Capital info -2.24-0.72---3.33-2.32
Return on Assets info -1.83-0.61-1.05-2.70-1.89
Debt to Equity (x) info ----0.150.210.18

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
-3.33
-2.32
-1.06
1.92
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

6.51

Lower than Peers by 9.20

Profit after tax / Average Net worth * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
6.51
-3.98
-2.77
-1.24
2.53
Peer Median
15.71
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

-1.05

Lower than Peers by 6.89

Profit after tax / Average Total assets * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-1.05
-2.70
-1.89
-0.89
1.57
Peer Median
5.84
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

-40.75

Lower than Peers by 49.45

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-40.75
-8.26
-7.70
0.87
15.74
Peer Median
8.70
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

-7.48

Lower than Peers by 13.52

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-7.48
-13.55
-8.91
-7.62
8.61
Peer Median
6.05
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

0.00

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
0.00
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

-30.63

Lower than Peers by 37.71

Year on year growth in net sales

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-30.63
-0.12
0.71
-0.23
0.08
Peer Median
7.08
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

-429.88

Lower than Peers by 437.80

Year on year growth in operating profit (EBIT)

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-429.88
5.72
-1,604.10
-95.73
47.13
Peer Median
7.92
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

1,753.06

Higher than Peers by 1,742.65

Year on year growth in profit after tax

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
1,753.06
-33.82
-99.57
-168.09
146.95
Peer Median
10.41
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

86.25

Higher than Peers by 62.83

Year on year growth in earnings per share

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
86.25
-0.44
-1.20
-1.78
0.92
Peer Median
23.42
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

-2.85

Lower than Peers by 15.93

Year on year growth in book value per share

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-2.85
--
--
--
--
Peer Median
13.07
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.15

Lower than Peers by 0.36

Total debt / Net worth

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
0.15
0.21
0.18
0.20
0.14
Peer Median
0.51
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

0.03

--

(Short term borrowings / Net worth)

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
0.03
0.02
0.02
0.04
0.03
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

4.28

Higher than Peers by 2.61

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
4.28
3.87
3.17
4.50
9.11
Peer Median
1.67
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

4.28

Higher than Peers by 2.97

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
4.28
3.86
--
4.47
9.09
Peer Median
1.31
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

-9.38

Lower than Peers by 18.35

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
-9.38
-3.82
-98.32
0.17
2.43
Peer Median
8.96
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

53.83

Higher than Peers by 35.66

Debtors outstanding / Net Sales * 100

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
53.83
76.53
89.78
116.63
63.29
Peer Median
18.17
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.14

Lower than Peers by 0.77

Sales / Average Total Assets

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
0.14
0.20
0.21
0.12
0.18
Peer Median
0.91
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
326.17
288.68
363.23
248.72
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
1.94
5.39
7.13
11.70
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
67.02
45.23
43.25
38.16
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
261.09
248.83
327.11
222.27
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

--

--

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
-8.35
-16.16
-58.84
60.36
Peer Median
28.20
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

0.32

Lower than Peers by 4.96

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
0.32
0.35
0.46
0.79
1.03
Peer Median
5.28
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
--
--
--
--
--
Peer Median
0.21
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

19.61

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
19.61
-157.08
-230.07
30.82
10.84
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

100

Lower than Peers by 653

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Dec-24
Dec-23
Dec-22
Dec-21
ReneSola (SOL)
100
--
--
--
--
Peer Median
753
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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