Emeren Historical Income Statement
| SOL Stock | USD 1.87 0.05 2.75% |
Historical analysis of Emeren income statement accounts such as Total Operating Expenses of 23 M, Income Tax Expense of 2.7 M, Total Revenue of 99.4 M or Gross Profit of 22.1 M can show how well Emeren Group performed in making a profits. Evaluating Emeren income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Emeren's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Emeren Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Emeren Group is a good buy for the upcoming year.
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About Emeren Income Statement Analysis
Emeren Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Emeren shareholders. The income statement also shows Emeren investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Emeren Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Emeren Group. It is also known as Emeren overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Total Revenue
Total revenue comprises all receipts Emeren Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on Emeren Group income statement and represents the costs associated with goods and services Emeren provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Emeren's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Emeren Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Emeren's Income Tax Expense is quite stable compared to the past year. Research Development is expected to rise to about 32.3 M this year, although the value of Interest Expense will most likely fall to about 77.9 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.2M | 4.0M | 82K | 77.9K | Depreciation And Amortization | 7.4M | 7.5M | 7.5M | 7.1M |
Emeren income statement Correlations
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Emeren Account Relationship Matchups
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Emeren income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 7.8M | 8.2M | 7.4M | 7.5M | 7.5M | 7.1M | |
| Interest Expense | 9.2M | 6.2M | 5.2M | 4.0M | 82K | 77.9K | |
| Selling General Administrative | 15.8M | 14.5M | 17.0M | 16.9M | 23.8M | 23.5M | |
| Other Operating Expenses | 113.2M | 65.2M | 66.6M | 73.9M | 105.6M | 100.3M | |
| Operating Income | (1.1M) | 2.3M | 12.7M | 7.5M | (902K) | (947.1K) | |
| Ebit | (1.1M) | 8.5M | 12.5M | 536.0K | (8.1M) | (7.7M) | |
| Ebitda | 6.7M | 16.7M | 19.9M | 8.1M | (606K) | (575.7K) | |
| Total Operating Expenses | 28.3M | 8.5M | 18.4M | 17.0M | 24.2M | 23.0M | |
| Income Before Tax | (10.6M) | 2.8M | 7.4M | 7.2M | (9.2M) | (9.7M) | |
| Total Other Income Expense Net | (9.5M) | (4.5M) | (5.3M) | 2K | (8.3M) | (8.7M) | |
| Net Income | (11.7M) | 2.8M | 6.9M | 5.9M | (9.3M) | (9.8M) | |
| Income Tax Expense | 1.1M | 163K | 774.4K | 1.2M | 2.6M | 2.7M | |
| Total Revenue | 119.1M | 73.9M | 79.7M | 81.4M | 104.7M | 99.4M | |
| Gross Profit | 34.2M | 17.2M | 31.4M | 24.5M | 23.3M | 22.1M | |
| Cost Of Revenue | 84.9M | 56.7M | 48.2M | 56.9M | 81.4M | 77.3M | |
| Selling And Marketing Expenses | 750K | 433K | 304.9K | 3K | 398K | 378.1K | |
| Tax Provision | 1.1M | 163K | 774K | 1.2M | 2.5M | 2.7M | |
| Interest Income | 822.9K | 976K | 5.3M | 1.5M | 1.8M | 1.7M | |
| Net Income Applicable To Common Shares | (8.8M) | 3.3M | 6.9M | (4.7M) | (5.4M) | (5.1M) | |
| Minority Interest | 42.8M | 44.1M | 247.4K | (123K) | 2.2M | 2.1M | |
| Net Interest Income | (8.3M) | (5.2M) | (3.5M) | (2.5M) | (411K) | (431.6K) | |
| Net Income From Continuing Ops | (11.7M) | 2.6M | 6.6M | 6.0M | (5.4M) | (5.2M) | |
| Reconciled Depreciation | 7.8M | 7.3M | 6.8M | 6.8M | 7.8M | 7.8M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Construction & Engineering space 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 Emeren. If investors know Emeren 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 Emeren 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 (0.92) | Earnings Share (0.05) | Revenue Per Share 1.915 | Quarterly Revenue Growth (0.11) | Return On Assets (0.01) |
The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.