Emeren Group, Ltd. (SOL)

SOL Balance Sheet

Assets, liabilities, and equity analysis

SOL Quarterly Balance Sheet (USD)

Quarterly Report	TTM	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024	03/31/2024	12/31/2023
Total Current Assets	178.412M	178.412M	187.489M	197.054M	191.388M	211.812M	217.859M	218.938M	226.450M
Cash & Cash Equivalents	84.635M	84.635M	46.642M	52.885M	50.012M	35.755M	50.830M	55.070M	70.174M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	14.398M	0.00
Cash & Short-Term Investments	84.635M	84.635M	46.642M	52.885M	50.012M	35.755M	50.830M	69.468M	70.174M
Accounts Receivable	38.340M	38.340M	72.262M	73.461M	70.456M	78.375M	75.793M	84.208M	93.824M
Inventory	0.00	0.00	0.00	0.00	361K	0.00	0.00	0.00	-49K
Total Assets	449.498M	449.498M	442.864M	464.922M	447.566M	470.111M	457.751M	463.526M	478.351M
Property, Plant & Equipment	198.792M	198.792M	200.535M	221.416M	219.344M	195.724M	185.153M	185.858M	198.363M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	41.673M	41.673M	44.197M	48.944M	49.518M	48.843M	51.046M	57.666M	56.992M
Accounts Payable	4.724M	4.724M	5.400M	11.056M	11.892M	12.982M	15.183M	18.458M	16.203M
Short-Term Debt	2.204M	2.204M	2.575M	1.651M	1.181M	927K	1.245M	939K	1.385M
Total Liabilities	125.975M	125.975M	122.580M	123.273M	109.546M	110.701M	110.230M	114.809M	115.042M
Long-Term Debt	47.220M	47.220M	40.009M	37.942M	23.515M	25.287M	22.863M	23.033M	22.685M
Total Debt	88.771M	88.771M	83.203M	77.947M	63.388M	64.621M	62.694M	59.647M	60.825M
Net Debt (Cash)	4.136M	4.136M	36.561M	25.062M	13.376M	28.866M	11.864M	4.574M	-9.349M
Total Shareholders' Equity	310.382M	310.382M	310.549M	304.056M	300.516M	319.571M	309.720M	310.964M	325.312M
Common Stock	806.714M	806.714M	806.714M	806.714M	806.714M	806.714M	806.714M	806.714M	806.714M
Retained Earnings	-450.382M	-450.382M	-450.047M	-451.500M	-453.040M	-441.253M	-446.096M	-446.488M	-440.563M
Current Ratio	4.28	4.28	4.24	4.03	3.87	4.34	4.27	3.80	3.97
Debt to Equity Ratio	0.29	0.29	0.27	0.26	0.21	0.20	0.20	0.19	0.19

SOL Annual Balance Sheet (USD)

Annual Report	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Total Current Assets	191.388M	226.450M	194.760M	319.594M	136.749M	103.061M	135.275M	170.075M
Cash & Cash Equivalents	50.012M	70.174M	107.287M	254.377M	40.593M	24.292M	6.750M	13.429M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	50.012M	70.174M	107.287M	254.377M	40.593M	24.292M	6.750M	13.429M
Accounts Receivable	70.456M	93.824M	71.482M	50.422M	58.071M	21.527M	47.478M	38.673M
Inventory	361K	-49K	0.00	0.00	0.00	0.00	2.656M	0.00
Total Assets	447.566M	478.351M	507.701M	537.954M	336.942M	319.943M	377.714M	335.699M
Property, Plant & Equipment	219.344M	198.363M	214.835M	167.145M	168.746M	192.284M	190.787M	154.659M
Goodwill	0.00	0.00	1.023M	1.023M	1.023M	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	0.00	0.00	10.047M	0.00	0.00	407K	0.00	0.00
Total Current Liabilities	49.518M	56.992M	43.297M	35.098M	88.309M	109.405M	133.738M	145.197M
Accounts Payable	11.892M	16.203M	7.118M	3.765M	6.313M	20.431M	12.050M	25.788M
Short-Term Debt	1.181M	1.385M	12.213M	12.093M	41.016M	38.261M	44.465M	6.606M
Total Liabilities	109.546M	115.042M	119.056M	89.551M	153.682M	182.397M	253.048M	245.216M
Long-Term Debt	23.515M	22.685M	22.518M	62K	0.00	3.367M	41.435M	32.514M
Total Debt	63.388M	60.825M	70.549M	57.849M	115.579M	121.285M	176.054M	106.625M
Net Debt (Cash)	13.376M	-9.349M	-36.738M	-196.528M	74.986M	96.993M	157.025M	93.196M
Total Shareholders' Equity	300.516M	325.312M	347.294M	403.997M	139.138M	94.716M	90.670M	90.482M
Common Stock	806.714M	806.714M	806.285M	847.361M	574.500M	530.208M	519.313M	519.226M
Retained Earnings	-453.040M	-440.563M	-437.378M	-432.696M	-439.567M	-442.346M	-433.514M	-435.518M
Current Ratio	3.87	3.97	4.50	9.11	1.55	0.94	1.01	1.17
Debt to Equity Ratio	0.21	0.19	0.20	0.14	0.83	1.28	1.94	1.18

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Emeren Group, Ltd.

Emeren Group Ltd is a company primarily focused on the creation, ownership, and ongoing management of solar energy facilities. Their specialized expertise covers the entire lifecycle of solar projects, encompassing strategic planning, overseeing construction, and securing the necessary financial resources.

Norwalk, CT

197 employees

emeren.com

Energy / Solar

Sector: Energy
Industry: Solar
CEO: Julia Xu

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