Emeren Group Ltd
Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3 GW pipeline of projects and independent power producer assets, as well as a 10 GWh pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-sys… Read more
Emeren Group Ltd (SOL) - Total Assets
Latest total assets as of September 2025: $449.50 Million USD
Based on the latest financial reports, Emeren Group Ltd (SOL) holds total assets worth $449.50 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Emeren Group Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Emeren Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Emeren Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Emeren Group Ltd's total assets of $449.50 Million consist of 42.8% current assets and 57.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $50.01 Million | 11.2% |
| Accounts Receivable | $70.46 Million | 15.7% |
| Inventory | $361.00K | 0.1% |
| Property, Plant & Equipment | $219.34 Million | 49.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Emeren Group Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Emeren Group Ltd's current assets represent 42.8% of total assets in 2024, an increase from 28.7% in 2004.
- Cash Position: Cash and equivalents constituted 11.2% of total assets in 2024, up from 4.4% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 49.0% of total assets.
Emeren Group Ltd Competitors by Total Assets
Key competitors of Emeren Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Emeren Group Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Emeren Group Ltd generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Emeren Group Ltd is currently not profitable relative to its asset base.
Emeren Group Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.28 | 4.34 | 1.55 |
| Quick Ratio | 4.28 | 4.32 | 1.53 |
| Cash Ratio | 2.03 | 0.73 | 0.00 |
| Working Capital | $136.74 Million | $ 162.97 Million | $ 48.92 Million |
Emeren Group Ltd - Advanced Valuation Insights
This section examines the relationship between Emeren Group Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.32 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -6.4% |
| Total Assets | $447.57 Million |
| Market Capitalization | $99.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Emeren Group Ltd's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Emeren Group Ltd's assets decreased by 6.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Emeren Group Ltd (2004–2024)
The table below shows the annual total assets of Emeren Group Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $447.57 Million | -6.37% |
| 2023-12-31 | $478.01 Million | -5.85% |
| 2022-12-31 | $507.70 Million | -5.62% |
| 2021-12-31 | $537.95 Million | +59.66% |
| 2020-12-31 | $336.94 Million | +5.31% |
| 2019-12-31 | $319.94 Million | -15.29% |
| 2018-12-31 | $377.71 Million | +12.52% |
| 2017-12-31 | $335.70 Million | -69.16% |
| 2016-12-31 | $1.09 Billion | -19.16% |
| 2015-12-31 | $1.35 Billion | -19.59% |
| 2014-12-31 | $1.67 Billion | -21.76% |
| 2013-12-31 | $2.14 Billion | +1.95% |
| 2012-12-31 | $2.10 Billion | +7.69% |
| 2011-12-31 | $1.95 Billion | +22.58% |
| 2010-12-31 | $1.59 Billion | +23.65% |
| 2009-12-31 | $1.29 Billion | +27.59% |
| 2008-12-31 | $1.01 Billion | +128.73% |
| 2007-12-31 | $440.61 Million | +242.66% |
| 2006-12-31 | $128.59 Million | +1178.26% |
| 2005-12-31 | $10.06 Million | +1007.86% |
| 2004-12-31 | $908.00K | -- |