ReneSola Ltd
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ReneSola Ltd's past years’ income statements indicate that its last revenue has increased compared to the previous period by 30% to $105,642,000. Profit margin reached -3%. Total operating expenses were $25,563,000.
Profit Margin
| 2014 | 1.56B | -33.63M | -2.15% |
|---|---|---|---|
| 2015 | 1.28B | -5.07M | -0.4% |
| 2016 | 929.83M | -34.69M | -3.73% |
| 2017 | 102.97M | 34.45M | 33.46% |
| 2018 | 96.90M | 1.75M | 1.82% |
| 2019 | 119.11M | -11.68M | -9.81% |
| 2020 | 73.91M | 2.77M | 3.76% |
| 2021 | 79.66M | 6.86M | 8.61% |
| 2022 | 81.41M | 5.90M | 7.25% |
| 2023 | 105.64M | -3.18M | -3.02% |
SOL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 105.64M | 81.41M | 79.66M | 73.91M | 119.11M | 96.90M | 102.97M | 929.83M | 1.28B | 1.56B |
Cost of revenue | 80.62M | 56.93M | 48.23M | 56.74M | 84.89M | 68.83M | 88.84M | 820.34M | 1.09B | 1.35B |
Gross profit | 25.01M | 24.48M | 31.42M | 17.16M | 34.22M | 28.06M | 14.13M | 109.49M | 187.87M | 209.28M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.28M | 43.90M | 52.57M |
Selling and marketing | -398K | 3K | 304.93K | 433K | 750K | 886K | 1.71M | 47.46M | 72.29M | 93.06M |
Total operating expenses | 25.56M | 17.01M | 18.41M | 8.47M | 28.31M | 12.53M | 7.57M | 119.94M | 158.57M | 201.06M |
Operating income | -8.66M | 7.46M | 12.65M | 2.32M | -1.05M | 15.53M | 6.55M | -15.07M | 29.30M | 8.21M |
Other income (expenses), net | 5.75M | -243K | -5.26M | -4.46M | -9.51M | -2.11M | -3.03M | 9.63M | 3.87M | -42.11M |
Income before tax | -2.90M | 7.22M | 7.38M | 2.79M | -10.57M | 4.90M | 3.52M | -32.40M | -4.4M | -33.98M |
Income tax expense | 2.52M | 1.2M | 774.41K | 163K | 1.10M | -189K | 322.06K | 2.29M | 675K | -350K |
Net income | -3.18M | 5.90M | 6.86M | 2.77M | -11.68M | 1.75M | 34.45M | -34.69M | -5.07M | -33.63M |
Earnings per share | ||||||||||
Basic EPS | -0.05 | 0.09 | 0.09 | 0.05 | -0.29 | 0.04 | 1.4 | -1.72 | -0.25 | -1.7 |
Diluted EPS | -0.05 | 0.09 | 0.09 | 0.05 | -0.29 | 0.04 | 1.4 | -1.72 | -0.25 | -1.65 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |