Renesola Financial Statements From 2010 to 2022

SOL
 Stock
  

USD 4.33  0.07  1.59%   

Renesola financial statements provide useful quarterly and yearly information to potential Renesola Ltd ADR investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Renesola financial statements helps investors assess Renesola's valuation, profitability, and current liquidity needs.
Renesola Ltd ADR does not presently have any trending fundamental ratios for analysis.
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Check Renesola financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renesola main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Renesola financial statements analysis is a perfect complement when working with Renesola Valuation or Volatility modules. It can also supplement Renesola's financial leverage analysis and stock options assessment as well as various Renesola Technical models . Additionally, take a look at the analysis of Renesola Correlation against competitors.

Renesola Return On Asset Analysis

Renesola's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Renesola Return On Asset

    
  (0.06) %  
Most of Renesola's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renesola Ltd ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition

Based on the latest financial disclosure, Renesola Ltd ADR has a Return On Asset of -0.06%. This is 97.92% lower than that of the Technology sector and 99.16% lower than that of the Solar industry. The return on asset for all United States stocks is 57.14% lower than that of the firm.

Renesola ADR Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Renesola's current stock value. Our valuation model uses many indicators to compare Renesola value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renesola competition to find correlations between indicators driving Renesola's intrinsic value. More Info.
Renesola Ltd ADR is currently regarded as top stock in price to earning category among related companies. It is currently regarded as top stock in gross profit category among related companies fabricating about  420,616  of Gross Profit per Price to Earning. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Renesola by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Renesola's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Renesola's earnings, one of the primary drivers of an investment's value.

About Renesola Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Renesola income statement, its balance sheet, and the statement of cash flows. Renesola investors use historical funamental indicators, such as Renesola's revenue or net income, to determine how well the company is positioned to perform in the future. Although Renesola investors may use each financial statement separately, they are all related. The changes in Renesola's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Renesola's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Renesola Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Renesola. Please read more on our technical analysis and fundamental analysis pages.
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut. Renesola operates under Solar classification in the United States and is traded on New York Stock Exchange. It employs 164 people.

Renesola Investors Sentiment

The influence of Renesola's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Renesola. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Renesola's public news can be used to forecast risks associated with investment in Renesola. The trend in average sentiment can be used to explain how an investor holding Renesola can time the market purely based on public headlines and social activities around Renesola Ltd ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Renesola's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Renesola's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Renesola's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Renesola.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renesola in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renesola's short interest history, or implied volatility extrapolated from Renesola options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at the analysis of Renesola Correlation against competitors. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for analysis

When running Renesola ADR price analysis, check to measure Renesola's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renesola is operating at the current time. Most of Renesola's value examination focuses on studying past and present price action to predict the probability of Renesola's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Renesola's price. Additionally, you may evaluate how the addition of Renesola to your portfolios can decrease your overall portfolio volatility.
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Is Renesola's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renesola. If investors know Renesola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renesola listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.77) 
Market Capitalization
295.4 M
Quarterly Revenue Growth YOY
(0.56) 
Return On Assets
(0.0006) 
Return On Equity
(0.0085) 
The market value of Renesola ADR is measured differently than its book value, which is the value of Renesola that is recorded on the company's balance sheet. Investors also form their own opinion of Renesola's value that differs from its market value or its book value, called intrinsic value, which is Renesola's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renesola's market value can be influenced by many factors that don't directly affect Renesola's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renesola's value and its price as these two are different measures arrived at by different means. Investors typically determine Renesola value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renesola's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.