Emeren Group Ltd (SOL) Financial Statements (2026 and earlier)

Company Profile

Business Address 149 WATER STREET, SUITE 302
NORWALK, CT 06854
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 4931 - Electric and Other Services Combined (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

9/30/2025
MRQ
12/31/2024
12/31/2023
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments50,01270,174
Cash and cash equivalent50,01270,174
Restricted cash and investments  
Receivables25,62631,326
Prepaid expense5,8615,377
Deferred costs  1,800
Advances on inventory purchases5684,283
Deposits current assets9,86313,727
Other undisclosed current assets99,45899,763
Total current assets:191,388226,450
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization4,57414,192
Operating lease, right-of-use asset19,93121,057
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization194,839163,114
Long-term investments and receivables  
Accounts and financing receivable, after allowance for credit loss  
Prepaid expense1,3001,000
Restricted cash and investments  
Other noncurrent assets22,39016,928
Other undisclosed noncurrent assets13,14435,610
Total noncurrent assets:256,178251,901
TOTAL ASSETS:447,566478,351
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13,76319,023
Accounts payable11,89216,203
Accrued liabilities1,8712,820
Debt2,1192,355
Other liabilities19,83121,320
Other undisclosed current liabilities13,80514,294
Total current liabilities:49,51856,992
Noncurrent Liabilities
Long-term debt and lease obligation24,83024,888
Long-term debt, excluding current maturities23,51522,685
Finance lease, liability1,3152,203
Liabilities, other than long-term debt22,74624,107
Deferred income tax liabilities3,4943,532
Operating lease, liability19,25220,575
Other undisclosed noncurrent liabilities12,4529,055
Total noncurrent liabilities:60,02858,050
Total liabilities:109,546115,042
Equity
Equity, attributable to parent300,516325,312
Common stock806,714806,714
Treasury stock, value(49,146)(41,938)
Additional paid in capital15,10414,728
Accumulated other comprehensive loss(19,116)(13,629)
Accumulated deficit(453,040)(440,563)
Equity, attributable to noncontrolling interest37,50437,997
Total equity:338,020363,309
TOTAL LIABILITIES AND EQUITY:447,566478,351

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2025
TTM
12/31/2024
12/31/2023
Revenues92,067105,642
Cost of revenue(67,945)(80,629)
Gross profit:24,12225,013
Operating expenses(24,626)(33,674)
Other operating income, net
(Other undisclosed Other operating income, net)		  
Other undisclosed operating loss  
Operating loss:(504)(8,661)
Nonoperating income (expense)(9,085)5,759
Investment income, nonoperating(4)278
Gain (loss), foreign currency transaction, before tax(8,522)5,892
Interest and debt expense(1,988)(2,205)
Loss from continuing operations before equity method investments, income taxes:(11,577)(5,107)
Other undisclosed income from continuing operations before income taxes1,9882,205
Loss from continuing operations before income taxes:(9,589)(2,902)
Income tax expense(2,021)(2,529)
Net loss:(11,610)(5,431)
Net income (loss) attributable to noncontrolling interest(867)2,245
Net loss available to common stockholders, diluted:(12,477)(3,186)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2025
TTM
12/31/2024
12/31/2023
Net loss:(11,610)(5,431)
Other comprehensive income (loss)(6,853)31
Comprehensive loss:(18,463)(5,400)
Comprehensive income, net of tax, attributable to noncontrolling interest4993,354
Comprehensive loss, net of tax, attributable to parent:(17,964)(2,046)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: