ReneSola Ltd Statistics
Share Statistics
ReneSola Ltd has 52.75M shares outstanding. The number of shares has increased by -7.92% in one year.
| Shares Outstanding | 52.75M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 52.69M |
| Failed to Deliver (FTD) Shares | 200 |
| FTD / Avg. Volume | 0.08% |
Short Selling Information
The latest short interest is 1.06M, so 2.01% of the outstanding shares have been sold short.
| Short Interest | 1.06M |
| Short % of Shares Out | 2.01% |
| Short % of Float | 2.01% |
| Short Ratio (days to cover) | 4.7 |
Valuation Ratios
The PE ratio is -48.44 and the forward PE ratio is 3.78.
| PE Ratio | -48.44 |
| Forward PE | 3.78 |
| PS Ratio | 1.46 |
| Forward PS | 0.8 |
| PB Ratio | 0.47 |
| P/FCF Ratio | -4.51 |
| PEG Ratio | n/a |
Enterprise Valuation
ReneSola Ltd has an Enterprise Value (EV) of 4.17M.
| EV / Earnings | -1.31 |
| EV / Sales | 0.04 |
| EV / EBITDA | 0.58 |
| EV / EBIT | -0.48 |
| EV / FCF | -0.12 |
Financial Position
The company has a current ratio of 3.97, with a Debt / Equity ratio of 0.07.
| Current Ratio | 3.97 |
| Quick Ratio | 3.97 |
| Debt / Equity | 0.07 |
| Total Debt / Capitalization | 6.89 |
| Cash Flow / Debt | -0.98 |
| Interest Coverage | -3.93 |
Financial Efficiency
Return on equity (ROE) is -0.01% and return on capital (ROIC) is -3.82%.
| Return on Equity (ROE) | -0.01% |
| Return on Assets (ROA) | -0.01% |
| Return on Capital (ROIC) | -3.82% |
| Revenue Per Employee | 536.25K |
| Profits Per Employee | -16.17K |
| Employee Count | 197 |
| Asset Turnover | 0.22 |
| Inventory Turnover | -1.65K |
Taxes
| Income Tax | 2.53M |
| Effective Tax Rate | -0.87 |
Stock Price Statistics
The stock price has increased by -8.61% in the last 52 weeks. The beta is 1.74, so ReneSola Ltd's price volatility has been higher than the market average.
| Beta | 1.74 |
| 52-Week Price Change | -8.61% |
| 50-Day Moving Average | 2.01 |
| 200-Day Moving Average | 1.97 |
| Relative Strength Index (RSI) | 44.84 |
| Average Volume (20 Days) | 235.39K |
Income Statement
In the last 12 months, ReneSola Ltd had revenue of 105.64M and earned -3.19M in profits. Earnings per share was -0.06.
| Revenue | 105.64M |
| Gross Profit | 25.01M |
| Operating Income | -8.66M |
| Net Income | -3.19M |
| EBITDA | 7.13M |
| EBIT | -8.66M |
| Earnings Per Share (EPS) | -0.06 |
Balance Sheet
The company has 70.17M in cash and 60.83M in debt, giving a net cash position of 9.35M.
| Cash & Cash Equivalents | 70.17M |
| Total Debt | 60.83M |
| Net Cash | 9.35M |
| Retained Earnings | -440.56M |
| Total Assets | 470.11M |
| Working Capital | 162.97M |
Cash Flow
In the last 12 months, operating cash flow was -23.49M and capital expenditures -10.75M, giving a free cash flow of -34.23M.
| Operating Cash Flow | -23.49M |
| Capital Expenditures | -10.75M |
| Free Cash Flow | -34.23M |
| FCF Per Share | -0.61 |
Margins
Gross margin is 23.68%, with operating and profit margins of -8.2% and -3.02%.
| Gross Margin | 23.68% |
| Operating Margin | -8.2% |
| Pretax Margin | -2.75% |
| Profit Margin | -3.02% |
| EBITDA Margin | 6.75% |
| EBIT Margin | -8.2% |
| FCF Margin | -32.41% |
Dividends & Yields
SOL does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -3.14% |
| FCF Yield | -34.07% |
Analyst Forecast
The average price target for SOL is $3, which is 57.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $3 |
| Price Target Difference | 57.1% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Feb 10, 2017. It was a backward split with a ratio of 1:5.
| Last Split Date | Feb 10, 2017 |
| Split Type | backward |
| Split Ratio | 1:5 |
Scores
| Altman Z-Score | -0.09 |
| Piotroski F-Score | 3 |