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  • RENESOLA LTD Financial Overview

  • Income Statement: SOL
      2008 2007 Change ( 2007 - 2008  )
    Net Sales/Revenues 670.37 M 248.97 M 421.39 M 62.86%
    Gross Profit -14.31 M 53.50 M -67.81 M 473.84%
    Net Income Before Extra Items/Preferred Div -54.91 M 42.94 M -97.84 M 178.20%
    Operating Income -47.84 M 43.43 M -91.27 M 190.79%
    View Full Report

  • Cash Flow: SOL
      2008 2007 Change ( 2007 - 2008  )
    Net Cash Flow - Financing 422.23 M 188.54 M 233.69 M 55.35%
    Net Cash Flow - Investing 336.20 M 118.20 M 218.00 M 64.84%
    Net Cash Flow/Operating Activities -34.81 M -31.66 M -3.15 M 9.06%
    View Full Report

  • Balance Sheet: SOL

      2008 2007 Change ( 2007 - 2008  )
    Total Assets 1.01 B 440.33 M 565.12 M 56.21%
    Total Liabilities 623.36 M 305.40 M 317.96 M 51.01%
    Shareholders Equity 381.81 M 125.71 M 256.10 M 67.08%
    View Full Report

  • Key Ratios / Statistics: SOL

    • Valuation

      Price/Earnings (TTM) -5.13
      Price/Sales (TTM) 0.42
      Price/Book (MRQ) 1.09
      Price/Cash Flow (TTM) 5.98

    • Profitability

      Gross Margin -2.13
      Operating Margin -7.14
      Profit Margin -8.19

    • Dividends

      Dividend Paid (TTM) 0.00
      Payout Ratio % (TTM) —

    • Financial Strength

      Quick Ratio (MRQ) 0.53
      Current Ratio (MRQ) 0.98
      Long Term Debt-to-Equity (MRQ) 43.75

    • Management Effectiveness

      Return on Equity (TTM) -21.33
      Return on Assets (TTM) -11.11
      Return on Investments (TTM) -7.84
    View All Key Ratios