ReneSola Ltd

ReneSola Ltdverified

SOL

Price:

$2.23

Market Cap:

$117.62M

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2021, it operated approximately 100 sola...[Read more]

Industry

Solar

IPO Date

2008-01-29

Stock Exchange

NYSE

Ticker

SOL

The ROE as of September 2024 (TTM) for ReneSola Ltd (SOL) is -5.82%

According to ReneSola Ltd’s latest financial reports and current stock price. The company's current ROE is -5.82%. This represents a change of 307.79% compared to the average of -1.43% of the last 4 quarters.

ReneSola Ltd (SOL) Historical ROE (quarterly & annually)

How has SOL ROE performed in the past?

The mean historical ROE of ReneSola Ltd over the last ten years is -4.89%. The current -5.82% ROE has changed 19.01% with respect to the historical average. Over the past ten years (40 quarters), SOL's ROE was at its highest in in the September 2015 quarter at 7.79%. The ROE was at its lowest in in the June 2017 quarter at -225.50%.

Quarterly (TTM)
Annual

Average

-4.89%

Median

0.33%

Minimum

-52.46%

Maximum

38.08%

ReneSola Ltd (SOL) ROE by Quarter and Year

Discovering the peaks and valleys of ReneSola Ltd ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.06%

Maximum Annual ROE = 38.08%

Minimum Annual Increase = -735.65%

Minimum Annual ROE = -52.46%

Quarterly (TTM)
Annual
YearROEChange
2023-0.98%-159.42%
20221.65%-2.97%
20211.70%-14.66%
20201.99%-116.14%
2019-12.33%-735.65%
20181.94%-94.91%
201738.08%-172.60%
2016-52.46%1.06%
2015-4.53%-81.07%
2014-23.96%-84.65%

ReneSola Ltd (SOL) Average ROE

How has SOL ROE performed in the past?

The current ROE of ReneSola Ltd (SOL) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.79%

5-year avg

-1.59%

10-year avg

-4.89%

ReneSola Ltd (SOL) ROE vs. Peers

How is SOL’s ROE compared to its peers?

ReneSola Ltd’s ROE is less than Canadian Solar Inc. (1.43%), greater than Maxeon Solar Technologies, Ltd. (-2116.93%), greater than SunPower Corporation (-55.85%), greater than SolarEdge Technologies, Inc. (-22.13%), greater than Sunnova Energy International Inc. (-22.00%), greater than Sunrun Inc. (-25.59%), less than First Solar, Inc. (17.73%), greater than iSun, Inc. (-106.95%), less than JinkoSolar Holding Co., Ltd. (9.11%),

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