Renesola Net Income

SOL
 Stock
  

USD 5.04  0.04  0.80%   

Renesola Ltd ADR fundamentals help investors to digest information that contributes to Renesola's financial success or failures. It also enables traders to predict the movement of Renesola Stock. The fundamental analysis module provides a way to measure Renesola's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renesola stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Renesola Net Income Analysis

Renesola's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Net Income 
 = 
(Rev + Gain) 
-  
(Exp + Loss) 
More About Net Income | All Equity Analysis

Current Renesola Net Income

    
  4.4 M  
Most of Renesola's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Compare to competition

Based on the recorded statements, Renesola Ltd ADR reported net income of 4.4 M. This is 99.18% lower than that of the Technology sector and 108.44% lower than that of the Solar industry. The net income for all United States stocks is 99.23% higher than that of the company.

Renesola Institutional Holders

Institutional Holdings refers to the ownership stake in Renesola that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Renesola's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Renesola's value.
Security TypeSharesValue
Shah Capital ManagementCommon Shares12.7 M60.6 M
Invesco LtdCommon Shares6.4 M30.6 M
State Street CorpCommon Shares3.6 M17.2 M
Marshall Wace LlpCommon Shares810.6 K3.9 M
Blackrock IncCommon Shares370.2 K1.8 M
First Trust Advisors LpCommon Shares325.7 K1.5 M
Susquehanna International Group LlpCall Options254.5 K1.2 M
Mitsubishi Ufj Kokusai Asset Management Co LtdCommon Shares166.3 K790 K
Susquehanna International Group LlpPut Options65.4 K311 K

Renesola Fundamentals

About Renesola Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renesola Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renesola using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renesola Ltd ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 solar power projects with an aggregate capacity of 180 megawatts. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Renesola without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Renesola Piotroski F Score and Renesola Altman Z Score analysis. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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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.
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.