Key ReneSola Ltd Financials
| Company Type | Public -(London: SOLA) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $1,205.6 |
| 2010 Employees | 7,869 |
ReneSola Ltd Stock Quote (NYSE: SOL)(London: SOLA)
| Latest 02/15/12 11:41:11 EST | Change ($) | Change (%) | High | Low |
|---|---|---|---|---|
| $2.76 |  0.030 | 1.100 | $2.80 | $2.68 |
Quotes delayed 15 minutes for NASDAQ, 20 minues for NYSE and AMEX. Market Data provided by Interactive Data. Powered and Implemented by Interactive Data Managed Solutions. |
ReneSola Ltd Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 1,205.6 | 510.4 | 670.4 |
| Cost of Goods Sold | 857.6 | 553.6 | 684.7 |
| Gross Profit | 348.0 | (43.2) | (14.3) |
| Gross Profit Margin | 28.9% | -8.5% | -2.1% |
| SG&A Expense | 51.7 | 34.5 | 23.8 |
| Depreciation & Amortization | 56.4 | 32.7 | 15.5 |
| Operating Income | 245.9 | (90.6) | (48.5) |
| Operating Margin | 20.4% | -17.7% | -7.2% |
| Nonoperating Income | 4.5 | (6.8) | (3.1) |
| Nonoperating Expenses | (21.4) | (15.4) | (10.1) |
| Income Before Taxes | 229.0 | (112.8) | (61.7) |
| Income Taxes | 60.0 | (41.2) | (2.4) |
| Net Income After Taxes | 169.0 | (71.6) | (59.3) |
| Continuing Operations | 169.0 | (71.9) | (54.9) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 169.0 | (71.9) | (54.9) |
| Total Net Income | 169.0 | (71.9) | (54.9) |
| Net Profit Margin | 14% | -14.1% | -8.2% |
| Diluted EPS from Total Net Income | 1.94 | (0.98) | (0.86) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
ReneSola Ltd Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 290.7 | 106.8 | 112.3 |
| Net Receivables | 126.0 | 160.3 | 80.2 |
| Inventories | 170.6 | 137.8 | 193.0 |
| Other Current Assets | 106.7 | 75.3 | 54.6 |
| Total Current Assets | 694.0 | 480.2 | 440.1 |
| Net Fixed Assets | 801.5 | 702.8 | 503.1 |
| Other Noncurrent Assets | 94.5 | 101.8 | 64.5 |
| Total Assets | 1,589.9 | 1,284.8 | 1,007.8 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 220.8 | 93.4 | 37.9 |
| Short-Term Debt | 400.8 | 391.1 | 192.0 |
| Other Current Liabilities | 152.6 | 125.3 | 103.2 |
| Total Current Liabilities | 774.2 | 609.9 | 333.1 |
| Long-Term Debt | 121.5 | 189.3 | 32.8 |
| Other Noncurrent Liabilities | 107.7 | 89.4 | 260.0 |
| Total Liabilities | 1,003.5 | 888.6 | 626.0 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 586.5 | 396.3 | 381.8 |
| Total Equity | 586.5 | 396.3 | 381.8 |
| Shares Outstanding (thou.) | 87,298.5 | 86,312.5 | 68,812.5 |
All amounts in millions of US Dollars except per share amounts.
ReneSola Ltd Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 403 | (54) | (35) |
| Net Investing Cash Flow | (151.3) | (257.7) | (336.2) |
| Net Financing Cash Flow | (72.8) | 305.8 | 422.2 |
| Net Change in Cash | 183.9 | (5.5) | 59.2 |
| Depreciation & Amortization | 56.4 | 32.7 | 15.5 |
| Capital Expenditures | (144.5) | (358.1) | (338.3) |
| Cash Dividends Paid | 0.0 | (0.1) |
All amounts in millions of US Dollars except per share amounts.