25 XP   0   0   10

Emeren Group Ltd
Buy, Hold or Sell?

Let's analyse Emeren together

PenkeI guess you are interested in Emeren Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Emeren Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Emeren Group Ltd

I send you an email if I find something interesting about Emeren Group Ltd.

Quick analysis of Emeren (30 sec.)










What can you expect buying and holding a share of Emeren? (30 sec.)

How much money do you get?

How much money do you get?
$0.82
When do you have the money?
1 year
How often do you get paid?
5.3%

What is your share worth?

Current worth
$6.30
Expected worth in 1 year
$6.86
How sure are you?
36.8%

+ What do you gain per year?

Total Gains per Share
$1.39
Return On Investment
71.8%

For what price can you sell your share?

Current Price per Share
$1.93
Expected price per share
$1.54 - $2.9693
How sure are you?
50%

1. Valuation of Emeren (5 min.)




Live pricePrice per Share (EOD)

$1.93

Intrinsic Value Per Share

$-797.43 - $-834.23

Total Value Per Share

$-791.14 - $-827.93

2. Growth of Emeren (5 min.)




Is Emeren growing?

Current yearPrevious yearGrowGrow %
How rich?$360.6m$427.2m-$47.1m-12.4%

How much money is Emeren making?

Current yearPrevious yearGrowGrow %
Making money-$2.2m-$40k-$2.2m-98.2%
Net Profit Margin-27.7%-0.8%--

How much money comes from the company's main activities?

3. Financial Health of Emeren (5 min.)




4. Comparing to competitors in the Solar industry (5 min.)




  Industry Rankings (Solar)  


Richest
#26 / 84

Most Revenue
#44 / 84

Most Profit
#55 / 84

What can you expect buying and holding a share of Emeren? (5 min.)

Welcome investor! Emeren's management wants to use your money to grow the business. In return you get a share of Emeren.

What can you expect buying and holding a share of Emeren?

First you should know what it really means to hold a share of Emeren. And how you can make/lose money.

Speculation

The Price per Share of Emeren is $1.93. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Emeren.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Emeren, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $6.30. Based on the TTM, the Book Value Change Per Share is $0.14 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.23 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.21 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Emeren.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.16-8.5%-0.03-1.5%0.00-0.1%0.00-0.1%-0.04-2.3%
Usd Book Value Change Per Share0.000.0%0.147.3%-0.23-11.9%0.2412.2%0.094.5%
Usd Dividend Per Share0.000.0%0.2110.6%0.000.0%0.042.1%0.147.4%
Usd Total Gains Per Share0.000.0%0.3517.9%-0.23-11.9%0.2814.3%0.2311.9%
Usd Price Per Share3.08-3.96-5.39-4.41-3.28-
Price to Earnings Ratio-4.70--89.74--122.66--23.77--6.73-
Price-to-Total Gains Ratio-1.03--43.64-13.80-12.27-
Price to Book Ratio0.49-0.61-0.86-1.03-1.44-
Price-to-Total Gains Ratio-1.03--43.64-13.80-12.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.93
Number of shares518
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.210.04
Usd Book Value Change Per Share0.140.24
Usd Total Gains Per Share0.350.28
Gains per Quarter (518 shares)179.40143.42
Gains per Year (518 shares)717.61573.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
142529370885489564
285058514261709771138
31275878214425514661712
417001171286234019552286
521251463358042524432860
625501756429851029323434
729752049501659534214008
834002341573468039094582
938242634645276543985156
1042492927717085048875730

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%6.06.00.050.0%11.09.00.055.0%21.017.00.055.3%31.032.00.049.2%
Book Value Change Per Share1.01.02.025.0%4.04.04.033.3%9.06.05.045.0%12.015.011.031.6%23.024.016.036.5%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.019.05.0%2.00.036.05.3%5.00.058.07.9%
Total Gains per Share2.01.01.050.0%5.04.03.041.7%10.06.04.050.0%14.015.09.036.8%28.023.012.044.4%

Fundamentals of Emeren

About Emeren Group Ltd

Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It owns and operates 3 gigawatt pipeline of projects and independent power producer assets. The company also develops community solar gardens; and sells project rights. In addition, it engages in 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. It operates in China, United States, UK, Spain, France, Poland, Italy, Hungary, and Internationally. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.

Fundamental data was last updated by Penke on 2024-03-14 10:14:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Emeren Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Emeren earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Emeren to the Solar industry mean.
  • A Net Profit Margin of -67.3% means that $-0.67 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Emeren Group Ltd:

  • The MRQ is -67.3%. The company is making a huge loss. -2
  • The TTM is -27.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-67.3%TTM-27.7%-39.6%
TTM-27.7%YOY-0.8%-26.9%
TTM-27.7%5Y-6.1%-21.6%
5Y-6.1%10Y-4.2%-2.0%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-67.3%0.7%-68.0%
TTM-27.7%-4.3%-23.4%
YOY-0.8%-0.3%-0.5%
5Y-6.1%-7.8%+1.7%
10Y-4.2%-8.3%+4.1%
1.1.2. Return on Assets

Shows how efficient Emeren is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Emeren to the Solar industry mean.
  • -2.1% Return on Assets means that Emeren generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Emeren Group Ltd:

  • The MRQ is -2.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM-0.6%-1.5%
TTM-0.6%YOY0.0%-0.6%
TTM-0.6%5Y-0.2%-0.4%
5Y-0.2%10Y-0.3%+0.1%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.1%-0.1%-2.0%
TTM-0.6%-0.2%-0.4%
YOY0.0%-0.2%+0.2%
5Y-0.2%-0.6%+0.4%
10Y-0.3%-0.6%+0.3%
1.1.3. Return on Equity

Shows how efficient Emeren is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Emeren to the Solar industry mean.
  • -2.9% Return on Equity means Emeren generated $-0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Emeren Group Ltd:

  • The MRQ is -2.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.9%TTM-0.8%-2.1%
TTM-0.8%YOY0.0%-0.8%
TTM-0.8%5Y-0.5%-0.2%
5Y-0.5%10Y-7.9%+7.3%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9%0.6%-3.5%
TTM-0.8%0.4%-1.2%
YOY0.0%0.5%-0.5%
5Y-0.5%-0.5%0.0%
10Y-7.9%-0.6%-7.3%

1.2. Operating Efficiency of Emeren Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Emeren is operating .

  • Measures how much profit Emeren makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Emeren to the Solar industry mean.
  • An Operating Margin of -28.4% means the company generated $-0.28  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Emeren Group Ltd:

  • The MRQ is -28.4%. The company is operating very inefficient. -2
  • The TTM is -8.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-28.4%TTM-8.2%-20.2%
TTM-8.2%YOY-4.7%-3.5%
TTM-8.2%5Y-1.6%-6.6%
5Y-1.6%10Y1.3%-2.9%
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ-28.4%-4.3%-24.1%
TTM-8.2%-0.7%-7.5%
YOY-4.7%0.2%-4.9%
5Y-1.6%0.1%-1.7%
10Y1.3%-1.4%+2.7%
1.2.2. Operating Ratio

Measures how efficient Emeren is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Solar industry mean).
  • An Operation Ratio of 1.88 means that the operating costs are $1.88 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Emeren Group Ltd:

  • The MRQ is 1.876. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.230. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.876TTM1.230+0.646
TTM1.230YOY0.995+0.236
TTM1.2305Y0.995+0.236
5Y0.99510Y0.992+0.003
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8761.629+0.247
TTM1.2301.630-0.400
YOY0.9951.680-0.685
5Y0.9951.618-0.623
10Y0.9921.423-0.431

1.3. Liquidity of Emeren Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Emeren is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Solar industry mean).
  • A Current Ratio of 5.40 means the company has $5.40 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Emeren Group Ltd:

  • The MRQ is 5.400. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.363. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.400TTM5.363+0.038
TTM5.363YOY8.546-3.183
TTM5.3635Y4.313+1.050
5Y4.31310Y2.585+1.728
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ5.4001.265+4.135
TTM5.3631.390+3.973
YOY8.5461.456+7.090
5Y4.3131.536+2.777
10Y2.5851.355+1.230
1.3.2. Quick Ratio

Measures if Emeren is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Emeren to the Solar industry mean.
  • A Quick Ratio of 2.19 means the company can pay off $2.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Emeren Group Ltd:

  • The MRQ is 2.190. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.868. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.190TTM3.868-1.678
TTM3.868YOY7.616-3.748
TTM3.8685Y3.485+0.383
5Y3.48510Y1.932+1.553
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1900.517+1.673
TTM3.8680.575+3.293
YOY7.6160.648+6.968
5Y3.4850.651+2.834
10Y1.9320.728+1.204

1.4. Solvency of Emeren Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Emeren assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Emeren to Solar industry mean.
  • A Debt to Asset Ratio of 0.21 means that Emeren assets are financed with 20.6% credit (debt) and the remaining percentage (100% - 20.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Emeren Group Ltd:

  • The MRQ is 0.206. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.204. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.206TTM0.204+0.002
TTM0.204YOY0.157+0.047
TTM0.2045Y0.372-0.168
5Y0.37210Y0.626-0.254
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2060.588-0.382
TTM0.2040.587-0.383
YOY0.1570.611-0.454
5Y0.3720.617-0.245
10Y0.6260.614+0.012
1.4.2. Debt to Equity Ratio

Measures if Emeren is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Emeren to the Solar industry mean.
  • A Debt to Equity ratio of 29.1% means that company has $0.29 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Emeren Group Ltd:

  • The MRQ is 0.291. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.286. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.291TTM0.286+0.004
TTM0.286YOY0.208+0.078
TTM0.2865Y1.101-0.814
5Y1.10110Y9.436-8.335
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2911.389-1.098
TTM0.2861.367-1.081
YOY0.2081.657-1.449
5Y1.1011.730-0.629
10Y9.4361.617+7.819

2. Market Valuation of Emeren Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Emeren generates.

  • Above 15 is considered overpriced but always compare Emeren to the Solar industry mean.
  • A PE ratio of -4.70 means the investor is paying $-4.70 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Emeren Group Ltd:

  • The EOD is -2.943. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.697. Based on the earnings, the company is expensive. -2
  • The TTM is -89.735. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.943MRQ-4.697+1.754
MRQ-4.697TTM-89.735+85.038
TTM-89.735YOY-122.664+32.929
TTM-89.7355Y-23.768-65.967
5Y-23.76810Y-6.733-17.035
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-2.943-0.072-2.871
MRQ-4.697-0.031-4.666
TTM-89.735-0.031-89.704
YOY-122.664-1.055-121.609
5Y-23.768-2.382-21.386
10Y-6.7331.668-8.401
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Emeren Group Ltd:

  • The EOD is -5.951. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.498. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.866. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.951MRQ-9.498+3.546
MRQ-9.498TTM-7.866-1.632
TTM-7.866YOY-0.553-7.313
TTM-7.8665Y10.074-17.940
5Y10.07410Y2.737+7.337
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD-5.951-2.787-3.164
MRQ-9.498-3.500-5.998
TTM-7.866-4.410-3.456
YOY-0.553-4.654+4.101
5Y10.074-5.746+15.820
10Y2.737-6.822+9.559
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Emeren is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Solar industry mean).
  • A PB ratio of 0.49 means the investor is paying $0.49 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Emeren Group Ltd:

  • The EOD is 0.307. Based on the equity, the company is cheap. +2
  • The MRQ is 0.489. Based on the equity, the company is cheap. +2
  • The TTM is 0.614. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.307MRQ0.489-0.183
MRQ0.489TTM0.614-0.125
TTM0.614YOY0.861-0.247
TTM0.6145Y1.028-0.414
5Y1.02810Y1.442-0.414
Compared to industry (Solar)
PeriodCompanyIndustry (mean)+/- 
EOD0.3071.288-0.981
MRQ0.4891.570-1.081
TTM0.6141.728-1.114
YOY0.8612.216-1.355
5Y1.0281.933-0.905
10Y1.4422.346-0.904
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Emeren Group Ltd.

3.1. Institutions holding Emeren Group Ltd

Institutions are holding 44.898% of the shares of Emeren Group Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30Millennium Management LLC2.65410.00241520319-621196-29.0073
2023-09-30Legal & General Group PLC2.25510.0014129177415236113.3719
2023-12-31Amvescap Plc.1.99430.00071142357-1383891-54.7805
2023-12-31Monaco Asset Management1.45310.668883235027602349.6152
2023-12-31GSA Capital Partners LLP1.18920.156468116414394826.7952
2023-12-31J. Goldman & Co LP1.13620.07196508336508330
2023-09-30State Street Corporation1.0030.0001574530-41625-6.7556
2023-09-30Citadel Advisors Llc0.6390.0002366043-87186-19.2366
2023-12-31Marshall Wace Asset Management Ltd0.44020.0012252177-292960-53.7406
2023-09-30HRT FINANCIAL LLC0.27020.00471548003557329.8364
2023-09-30JANE STREET GROUP, LLC0.24060.0001137810-149228-51.9889
2023-09-30Raymond James Finl Svs Advisors, Inc.0.19450.00061114253166039.6916
2023-12-31Cubist Systematic Strategies, LLC0.19060.0019109202-54734-33.3874
2023-09-30Susquehanna International Group, LLP0.17180.000198409-36564-27.0899
2023-09-30Morgan Stanley - Brokerage Accounts0.150208602644503107.1767
2023-09-30Mitsubishi UFJ Asset Management Co.,Ltd0.12610.0005722474080.5679
2023-09-30HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS0.11960.02886850000
2023-09-30Harel Insurance Invests & Fin Srvcs Ltd0.0930.003253291-1689-3.072
2023-09-30SIMPLEX TRADING, LLC0.07890.000145211-1128-2.4342
2023-12-31American Century Companies Inc0.07730.000144262-3379-7.0926
Total 14.4770.94328292730-1338271-16.1%

3.2. Funds holding Emeren Group Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29L&G Clean Energy ETF USD Acc2.70181.6743154762800
2024-02-29Invesco WilderHill Clean Energy ETF1.47480.5137844802-3282-0.387
2024-02-29Invesco Raymond James SB-1 Equity ETF0.62210.6587356351-70498-16.5159
2023-12-31Green Investment Partners Eq A EUR Acc0.45344.741325970000
2024-01-31S KLIMAMIX A0.24440.356914000000
2023-09-30NexPoint Climate Tech Y0.11963.71936850000
2024-01-31Auer Growth0.09250.17195300000
2024-02-28Avantis Emerging Markets Equity ETF0.07730.00194426200
2024-02-28SPDR® Portfolio Emerging Markets ETF0.06610.0013784100
2023-05-31BlackRock MSCI ACWI ex-US IMI Idx Fund J0.05620.000432198321980
2023-09-30Sygnia 4th Industrial Revolution Gl Eq B0.05160.062129559627226.9335
2024-02-29ProShares S&P Kensho Cleantech ETF0.03821.06332188400
2024-02-28SPDR® S&P Emerging Markets Small Cap ETF0.02850.00421634600
2023-09-30Sygnia Itrix 4th IR Global Equity ETF0.02230.03961278200
2024-01-31AZ Fd1 AZ Allc Intl 50%-100% A-AZ Cap0.01750.02061000000
2023-11-30PTF S&P Kensho Cleantech0.00951.16475430-2692-33.1445
2024-02-29L&G Glb Thematic ESG Exclusions ETF $Acc0.00820.2423468600
2024-02-29Carbon Collective Climate Sol US Eq ETF0.00360.0193205800
2024-01-31AJ Evli Value Hedge C0.00170.015100000
2023-09-30Sygnia itrix Sustainable Economy ETF0.00090.0184513-3937-88.4719
Total 6.090214.48893488540-41939-1.2%

3.3. Insider Transactions

Insiders are holding 0.9% of the shares of Emeren Group Ltd.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-12-11Shah Capital ManagementBUY2522052.4
2023-12-05Shah Capital ManagementBUY1471212.45
2023-12-01Shah Capital ManagementBUY79492.37
2023-11-28Shah Capital ManagementBUY336652.3
2023-11-24Shah Capital ManagementBUY992192.34
2023-11-22Shah Capital ManagementBUY1687952.28
2023-09-21Shah Capital ManagementBUY372583.04
2023-09-18Shah Capital ManagementBUY742603.06
2023-09-15Shah Capital ManagementBUY694943.08
2023-09-13Shah Capital ManagementBUY397093.11
2023-09-08Shah Capital ManagementBUY792993.14
2023-09-06Shah Capital ManagementBUY344933.32
2023-09-01Shah Capital ManagementBUY810003.2
2023-06-23Shah Capital ManagementBUY325773.66
2023-06-12Shah Capital ManagementBUY3038543.54
2023-06-08Shah Capital ManagementBUY752473.61
2023-06-08Shah Capital ManagementBUY752473.61

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Emeren Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.141-100%-0.2300%0.236-100%0.087-100%
Book Value Per Share--6.2976.433-2%6.259+1%4.457+41%3.225+95%
Current Ratio--5.4005.363+1%8.546-37%4.313+25%2.585+109%
Debt To Asset Ratio--0.2060.204+1%0.157+31%0.372-45%0.626-67%
Debt To Equity Ratio--0.2910.286+2%0.208+40%1.101-74%9.436-97%
Dividend Per Share---0.205-100%-0%0.041-100%0.142-100%
Eps---0.164-0.029-82%-0.001-99%-0.002-99%-0.045-73%
Free Cash Flow Per Share---0.081-0.259+220%0.012-749%-9.370+11458%-26.425+32493%
Free Cash Flow To Equity Per Share---0.198-0.362+83%-0.347+75%48.016-100%3.713-105%
Gross Profit Margin--1.0000.980+2%1.049-5%0.985+1%-0.778+178%
Intrinsic Value_10Y_max---834.230--------
Intrinsic Value_10Y_min---797.432--------
Intrinsic Value_1Y_max---94.703--------
Intrinsic Value_1Y_min---101.969--------
Intrinsic Value_3Y_max---276.079--------
Intrinsic Value_3Y_min---289.083--------
Intrinsic Value_5Y_max---447.252--------
Intrinsic Value_5Y_min---455.812--------
Market Cap110553295.000-60%176427020.000234767599.448-25%368212344.905-52%276623024.097-36%200235505.943-12%
Net Profit Margin---0.673-0.277-59%-0.008-99%-0.061-91%-0.042-94%
Operating Margin---0.284-0.082-71%-0.047-83%-0.016-94%0.013-2261%
Operating Ratio--1.8761.230+52%0.995+89%0.995+89%0.992+89%
Pb Ratio0.307-60%0.4890.614-20%0.861-43%1.028-52%1.442-66%
Pe Ratio-2.943+37%-4.697-89.735+1810%-122.664+2511%-23.768+406%-6.733+43%
Price Per Share1.930-60%3.0803.960-22%5.390-43%4.413-30%3.277-6%
Price To Free Cash Flow Ratio-5.951+37%-9.498-7.866-17%-0.553-94%10.074-194%2.737-447%
Quick Ratio--2.1903.868-43%7.616-71%3.485-37%1.932+13%
Return On Assets---0.021-0.006-73%0.000-18740%-0.002-92%-0.003-87%
Return On Equity---0.029-0.008-73%0.000-11671%-0.005-82%-0.079+170%
Total Gains Per Share---0.346-100%-0.2300%0.277-100%0.230-100%
Usd Book Value--360677000.000380100000.000-5%427273500.000-16%280121566.400+29%197796454.421+82%
Usd Book Value Change Per Share---0.141-100%-0.2300%0.236-100%0.087-100%
Usd Book Value Per Share--6.2976.433-2%6.259+1%4.457+41%3.225+95%
Usd Dividend Per Share---0.205-100%-0%0.041-100%0.142-100%
Usd Eps---0.164-0.029-82%-0.001-99%-0.002-99%-0.045-73%
Usd Free Cash Flow---4644000.000-15635703.750+237%988000.000-570%-536877899.300+11461%-1513710643.026+32495%
Usd Free Cash Flow Per Share---0.081-0.259+220%0.012-749%-9.370+11458%-26.425+32493%
Usd Free Cash Flow To Equity Per Share---0.198-0.362+83%-0.347+75%48.016-100%3.713-105%
Usd Market Cap110553295.000-60%176427020.000234767599.448-25%368212344.905-52%276623024.097-36%200235505.943-12%
Usd Price Per Share1.930-60%3.0803.960-22%5.390-43%4.413-30%3.277-6%
Usd Profit---9390000.000-2277000.000-76%-40000.000-100%-444241.550-95%-2757074.500-71%
Usd Revenue--13948000.00027375500.000-49%20682000.000-33%22639734.000-38%139793202.105-90%
Usd Total Gains Per Share---0.346-100%-0.2300%0.277-100%0.230-100%
 EOD+2 -5MRQTTM+10 -25YOY+7 -225Y+13 -2210Y+15 -20

4.2. Fundamental Score

Let's check the fundamental score of Emeren Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.943
Price to Book Ratio (EOD)Between0-10.307
Net Profit Margin (MRQ)Greater than0-0.673
Operating Margin (MRQ)Greater than0-0.284
Quick Ratio (MRQ)Greater than12.190
Current Ratio (MRQ)Greater than15.400
Debt to Asset Ratio (MRQ)Less than10.206
Debt to Equity Ratio (MRQ)Less than10.291
Return on Equity (MRQ)Greater than0.15-0.029
Return on Assets (MRQ)Greater than0.05-0.021
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Emeren Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1.980
Total1/1 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets454,428
Total Liabilities93,751
Total Stockholder Equity322,344
 As reported
Total Liabilities 93,751
Total Stockholder Equity+ 322,344
Total Assets = 454,428

Assets

Total Assets454,428
Total Current Assets213,530
Long-term Assets240,898
Total Current Assets
Cash And Cash Equivalents 59,171
Short-term Investments 10,115
Net Receivables 76,464
Other Current Assets 44,422
Total Current Assets  (as reported)213,530
Total Current Assets  (calculated)190,172
+/- 23,358
Long-term Assets
Property Plant Equipment 189,062
Other Assets 51,836
Long-term Assets  (as reported)240,898
Long-term Assets  (calculated)240,898
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities39,539
Long-term Liabilities54,212
Total Stockholder Equity322,344
Total Current Liabilities
Short Long Term Debt 1,015
Accounts payable 5,299
Other Current Liabilities 26,581
Total Current Liabilities  (as reported)39,539
Total Current Liabilities  (calculated)32,895
+/- 6,644
Long-term Liabilities
Long term Debt 21,734
Capital Lease Obligations Min Short Term Debt35,351
Other Liabilities 3,167
Long-term Liabilities  (as reported)54,212
Long-term Liabilities  (calculated)60,252
+/- 6,040
Total Stockholder Equity
Common Stock806,576
Retained Earnings -438,613
Other Stockholders Equity -21,542
Total Stockholder Equity (as reported)322,344
Total Stockholder Equity (calculated)346,421
+/- 24,077
Other
Capital Stock806,576
Common Stock Shares Outstanding 55,235
Net Invested Capital 345,093
Net Tangible Assets 322,344
Net Working Capital 173,991
Property Plant and Equipment Gross 189,062



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-31
> Total Assets 
0
0
0
128,586
0
308,235
369,509
440,609
440,609
926,520
1,073,720
1,007,788
1,007,788
1,251,250
1,270,645
1,284,829
1,284,829
1,443,719
1,549,935
1,589,924
1,791,895
1,873,508
1,957,776
1,948,976
1,948,976
2,119,292
2,044,430
2,098,849
2,098,849
2,401,640
2,266,766
2,139,751
2,139,751
1,824,152
1,795,676
1,674,239
1,674,239
1,525,267
1,425,883
1,346,319
1,346,319
1,288,746
1,246,623
1,088,406
1,088,406
1,154,926
1,154,926
335,699
335,699
389,615
375,441
375,441
377,714
406,292
332,715
319,943
319,943
278,029
289,083
337,353
337,353
559,234
555,951
529,270
529,270
500,254
467,217
500,509
500,509
454,428
454,428
454,428454,428500,509500,509467,217500,254529,270529,270555,951559,234337,353337,353289,083278,029319,943319,943332,715406,292377,714375,441375,441389,615335,699335,6991,154,9261,154,9261,088,4061,088,4061,246,6231,288,7461,346,3191,346,3191,425,8831,525,2671,674,2391,674,2391,795,6761,824,1522,139,7512,139,7512,266,7662,401,6402,098,8492,098,8492,044,4302,119,2921,948,9761,948,9761,957,7761,873,5081,791,8951,589,9241,549,9351,443,7191,284,8291,284,8291,270,6451,251,2501,007,7881,007,7881,073,720926,520440,609440,609369,509308,2350128,586000
   > Total Current Assets 
0
0
0
89,365
0
209,022
241,258
263,241
263,241
624,908
595,576
440,134
440,134
484,287
486,600
480,224
480,224
618,543
694,627
693,988
833,940
880,499
923,078
832,922
832,922
950,765
862,163
878,403
878,403
1,167,788
1,239,276
1,206,798
1,206,798
949,482
935,111
859,531
859,531
736,683
672,586
637,750
637,750
633,144
612,541
507,494
507,494
519,156
519,156
170,075
170,075
175,261
138,000
138,000
135,275
138,910
106,848
103,061
103,061
68,367
72,525
137,160
137,160
357,135
351,229
329,484
329,484
285,660
211,729
226,904
226,904
213,530
213,530
213,530213,530226,904226,904211,729285,660329,484329,484351,229357,135137,160137,16072,52568,367103,061103,061106,848138,910135,275138,000138,000175,261170,075170,075519,156519,156507,494507,494612,541633,144637,750637,750672,586736,683859,531859,531935,111949,4821,206,7981,206,7981,239,2761,167,788878,403878,403862,163950,765832,922832,922923,078880,499833,940693,988694,627618,543480,224480,224486,600484,287440,134440,134595,576624,908263,241263,241241,258209,022089,365000
       Cash And Cash Equivalents 
0
0
0
9,862
0
67,904
68,935
53,137
53,137
274,153
99,441
112,334
112,334
173,543
95,210
106,808
106,808
171,208
211,586
290,702
388,648
438,124
406,280
379,039
379,039
314,229
265,421
93,283
93,283
80,306
95,240
86,773
86,773
58,127
40,115
99,848
99,848
43,153
86,489
38,045
38,045
23,723
28,834
37,336
37,336
28,633
28,633
13,429
13,429
24,805
8,067
8,067
6,750
8,729
9,361
24,292
24,292
11,284
15,570
40,593
40,593
286,016
275,388
254,066
254,066
207,877
122,988
107,105
107,105
59,171
59,171
59,17159,171107,105107,105122,988207,877254,066254,066275,388286,01640,59340,59315,57011,28424,29224,2929,3618,7296,7508,0678,06724,80513,42913,42928,63328,63337,33637,33628,83423,72338,04538,04586,48943,15399,84899,84840,11558,12786,77386,77395,24080,30693,28393,283265,421314,229379,039379,039406,280438,124388,648290,702211,586171,208106,808106,80895,210173,543112,334112,33499,441274,15353,13753,13768,93567,90409,862000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
16,978
23,423
23,423
0
0
0
6,207
6,207
4,975
3,512
3,332
4,754
3,541
1,837
1,837,000
0
0
0
1,298,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,522
10,115
10,115
10,11510,11511,52200000000000000000000000000000000000000001,298,0000001,837,0001,8373,5414,7543,3323,5124,9756,2076,20700023,42323,42316,978000000000
       Net Receivables 
0
0
0
11,476
0
18,721
9,614
8,872
8,872
4,756
4,349
80,151
80,151
55,493
131,630
160,269
160,269
147,382
161,176
126,031
181,314
161,012
175,698
185,657
185,657
259,109
192,260
265,354
265,354
323,197
362,789
269,764
269,764
238,608
236,532
156,709
156,709
115,987
141,571
185,802
185,802
191,561
202,536
133,003
133,003
132,822
112,185
38,673
38,673
58,895
55,939
119,793
47,292
49,283
46,649
21,343
21,343
29,704
24,698
24,252
24,252
39,637
48,298
50,423
50,423
39,405
52,737
86,135
86,135
76,464
76,464
76,46476,46486,13586,13552,73739,40550,42350,42348,29839,63724,25224,25224,69829,70421,34321,34346,64949,28347,292119,79355,93958,89538,67338,673112,185132,822133,003133,003202,536191,561185,802185,802141,571115,987156,709156,709236,532238,608269,764269,764362,789323,197265,354265,354192,260259,109185,657185,657175,698161,012181,314126,031161,176147,382160,269160,269131,63055,49380,15180,1514,3494,7568,8728,8729,61418,721011,476000
       Other Current Assets 
0
0
0
16,952
0
33,777
48,464
67,109
67,109
128,147
129,909
15,955
15,955
35,831
97,564
69,095
69,095
130,208
154,724
11,660
3,285
1,431
923
114,044
114,044
18,527
21,622
58,601
58,601
75,111
74,541
84,204
84,204
89,064
68,222
81,293
81,293
107,002
54,629
47,984
47,984
83,044
65,820
71,015
71,015
137,592
0
76,556
76,556
88,324
70,219
0
78,577
77,457
36,138
38,194
38,194
8,009
31,141
69,818
69,818
30,173
26,091
24,401
24,401
35,823
35,539
32,464
32,464
65,708
44,422
44,42265,70832,46432,46435,53935,82324,40124,40126,09130,17369,81869,81831,1418,00938,19438,19436,13877,45778,577070,21988,32476,55676,5560137,59271,01571,01565,82083,04447,98447,98454,629107,00281,29381,29368,22289,06484,20484,20474,54175,11158,60158,60121,62218,527114,044114,0449231,4313,28511,660154,724130,20869,09569,09597,56435,83115,95515,955129,909128,14767,10967,10948,46433,777016,952000
   > Long-term Assets 
0
0
0
39,221
0
99,213
128,250
177,369
177,369
301,612
478,144
567,654
567,654
766,963
784,045
804,605
804,605
825,176
855,308
895,937
957,955
993,009
1,034,698
1,116,054
1,116,054
1,168,527
1,182,267
1,220,446
1,220,446
1,233,852
1,027,490
932,953
932,953
874,670
860,565
814,709
814,709
788,584
753,297
708,569
708,569
655,602
634,082
580,912
580,912
635,770
537,595
165,624
165,624
214,354
237,441
237,441
242,439
267,382
225,867
216,882
216,882
209,662
216,558
200,193
200,193
202,099
204,722
199,786
199,786
214,594
255,488
273,605
273,605
240,898
240,898
240,898240,898273,605273,605255,488214,594199,786199,786204,722202,099200,193200,193216,558209,662216,882216,882225,867267,382242,439237,441237,441214,354165,624165,624537,595635,770580,912580,912634,082655,602708,569708,569753,297788,584814,709814,709860,565874,670932,953932,9531,027,4901,233,8521,220,4461,220,4461,182,2671,168,5271,116,0541,116,0541,034,698993,009957,955895,937855,308825,176804,605804,605784,045766,963567,654567,654478,144301,612177,369177,369128,25099,213039,221000
       Property Plant Equipment 
0
0
0
19,908
0
50,046
94,400
136,598
136,598
183,991
260,864
503,132
503,132
668,949
618,732
702,816
702,816
743,079
786,025
801,472
842,616
879,935
911,190
980,165
980,165
1,003,293
1,021,147
1,152,499
1,152,499
1,194,672
996,550
908,089
908,089
843,930
828,942
789,872
789,872
745,407
706,300
667,702
667,702
603,932
583,239
523,105
523,105
569,799
537,595
154,659
154,659
195,885
192,541
192,541
190,787
248,974
211,360
192,284
192,284
183,192
186,869
168,745
168,745
167,276
167,294
167,149
167,149
160,603
202,686
217,578
217,578
189,062
189,062
189,062189,062217,578217,578202,686160,603167,149167,149167,294167,276168,745168,745186,869183,192192,284192,284211,360248,974190,787192,541192,541195,885154,659154,659537,595569,799523,105523,105583,239603,932667,702667,702706,300745,407789,872789,872828,942843,930908,089908,089996,5501,194,6721,152,4991,152,4991,021,1471,003,293980,165980,165911,190879,935842,616801,472786,025743,079702,816702,816618,732668,949503,132503,132260,864183,991136,598136,59894,40050,046019,908000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
5,323
5,323
5,323
5,323
5,323
5,323
5,323
5,323
5,638
5,642
5,647
5,647
6,041
324
324,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
1,023
0
01,0231,0231,0231,0231,0231,0231,0231,0231,0231,0231,0230000000000000000000000000000000324,0003246,0415,6475,6475,6425,6385,3235,3235,3235,3235,3235,3235,3235,3230000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,985
10,043
9,989
10,047
0
0
0
00010,0479,98910,0439,9850000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
3,934
2,474
1,349
1,349
425
553
0
0
52,272
53,614
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000053,61452,272005534251,3491,3492,4743,9340000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1
-1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,507
24,597
25,251
26,470
29,689
30,425
29,742
33,800
36,405
31,614
34,184
42,925
41,790
47,218
53,474
54,743
51,836
51,83654,74353,47447,21841,79042,92534,18431,61436,40533,80029,74230,42529,68926,47025,25124,59714,50700000000000000000-1-100000000000000000000000000000000000
> Total Liabilities 
0
0
0
56,045
0
220,923
256,036
305,684
305,684
450,027
559,695
625,700
625,700
886,484
915,116
888,566
888,566
996,137
1,036,711
1,003,460
1,173,794
1,243,876
1,326,646
1,347,834
1,347,834
1,598,331
1,595,372
1,694,887
1,694,887
2,087,895
2,096,176
1,973,237
1,973,237
1,666,862
1,649,070
1,533,851
1,533,851
1,410,118
1,315,567
1,234,385
1,234,385
1,176,438
1,154,875
1,022,261
1,022,261
1,140,181
1,140,181
245,216
245,216
262,426
246,514
246,514
253,048
277,550
203,391
182,397
182,397
141,930
141,836
153,616
153,616
92,228
87,591
80,857
80,857
67,761
87,442
100,986
100,986
93,751
93,751
93,75193,751100,986100,98687,44267,76180,85780,85787,59192,228153,616153,616141,836141,930182,397182,397203,391277,550253,048246,514246,514262,426245,216245,2161,140,1811,140,1811,022,2611,022,2611,154,8751,176,4381,234,3851,234,3851,315,5671,410,1181,533,8511,533,8511,649,0701,666,8621,973,2371,973,2372,096,1762,087,8951,694,8871,694,8871,595,3721,598,3311,347,8341,347,8341,326,6461,243,8761,173,7941,003,4601,036,711996,137888,566888,566915,116886,484625,700625,700559,695450,027305,684305,684256,036220,923056,045000
   > Total Current Liabilities 
0
0
0
55,982
0
93,825
124,772
158,376
158,376
266,494
367,874
333,137
333,137
493,211
524,812
609,851
609,851
703,955
744,634
774,226
766,482
791,042
918,866
989,377
989,377
1,264,659
1,260,417
1,443,195
1,443,195
1,758,952
1,771,788
1,715,476
1,715,476
1,407,805
1,396,788
1,336,792
1,336,792
1,279,855
1,184,806
1,103,862
1,103,862
1,086,984
1,062,881
904,433
904,433
1,025,438
1,025,438
145,197
145,197
104,663
93,298
93,298
133,738
162,757
113,480
109,405
109,405
75,905
73,245
88,242
88,242
36,459
36,364
35,100
35,100
31,137
33,964
42,608
42,608
39,539
39,539
39,53939,53942,60842,60833,96431,13735,10035,10036,36436,45988,24288,24273,24575,905109,405109,405113,480162,757133,73893,29893,298104,663145,197145,1971,025,4381,025,438904,433904,4331,062,8811,086,9841,103,8621,103,8621,184,8061,279,8551,336,7921,336,7921,396,7881,407,8051,715,4761,715,4761,771,7881,758,9521,443,1951,443,1951,260,4171,264,659989,377989,377918,866791,042766,482774,226744,634703,955609,851609,851524,812493,211333,137333,137367,874266,494158,376158,376124,77293,825055,982000
       Short-term Debt 
0
0
0
14,675
0
58,929
74,554
71,691
71,691
133,581
167,225
191,987
191,987
347,939
312,560
391,109
391,109
388,028
353,558
400,798
404,002
427,961
523,530
570,894
570,894
691,065
715,825
733,618
733,618
763,607
695,604
673,096
673,096
696,229
692,184
654,675
654,675
715,817
711,456
694,933
694,933
716,512
699,035
595,434
595,434
671,432
671,432
6,606
6,606
7,527
7,123
7,123
44,465
109,475
58,350
48,293
48,293
42,610
44,912
50,206
50,206
14,306
12,808
12,094
12,094
10,897
10,269
12,213
12,213
7,055
0
07,05512,21312,21310,26910,89712,09412,09412,80814,30650,20650,20644,91242,61048,29348,29358,350109,47544,4657,1237,1237,5276,6066,606671,432671,432595,434595,434699,035716,512694,933694,933711,456715,817654,675654,675692,184696,229673,096673,096695,604763,607733,618733,618715,825691,065570,894570,894523,530427,961404,002400,798353,558388,028391,109391,109312,560347,939191,987191,987167,225133,58171,69171,69174,55458,929014,675000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
38,261
33,548
31,459
36,490
41,016
11,757
0
0
0
0
0
394
1,008
1,487
750
1,015
1,0157501,4871,0083940000011,75741,01636,49031,45933,54838,2610000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
4,902
0
5,684
9,827
13,147
13,147
21,702
20,177
37,942
37,942
42,055
78,414
93,406
93,406
190,779
209,409
220,798
177,706
162,439
209,493
235,814
235,814
404,021
395,637
483,637
483,637
718,491
820,009
656,243
656,243
509,200
513,932
461,499
461,499
405,881
321,239
300,176
300,176
280,609
281,257
223,303
223,303
203,185
0
25,788
25,788
23,662
24,556
0
12,050
10,773
13,980
20,431
20,431
6,732
9,804
6,245
6,245
4,058
4,740
3,333
3,333
2,720
6,535
3,623
3,623
3,131
5,299
5,2993,1313,6233,6236,5352,7203,3333,3334,7404,0586,2456,2459,8046,73220,43120,43113,98010,77312,050024,55623,66225,78825,7880203,185223,303223,303281,257280,609300,176300,176321,239405,881461,499461,499513,932509,200656,243656,243820,009718,491483,637483,637395,637404,021235,814235,814209,493162,439177,706220,798209,409190,77993,40693,40678,41442,05537,94237,94220,17721,70213,14713,1479,8275,68404,902000
       Other Current Liabilities 
0
0
0
35,689
0
28,307
40,391
-59,552,173
-59,552,173
111,211
180,472
42,060
42,060
59,321
74,156
125,336
125,336
73,848
181,667
138,410
167,063
175,947
172,137
124,432
124,432
122,859
113,381
185,556
185,556
196,455
204,598
286,638
286,638
158,271
148,123
136,206
136,206
125,501
93,893
80,652
80,652
69,521
71,396
63,698
63,698
66,867
0
91,775
91,775
73,261
61,600
0
77,120
42,486
41,124
40,595
40,595
26,481
18,447
30,890
30,890
17,038
18,734
19,591
19,591
17,318
16,958
23,131
23,131
24,610
26,581
26,58124,61023,13123,13116,95817,31819,59119,59118,73417,03830,89030,89018,44726,48140,59540,59541,12442,48677,120061,60073,26191,77591,775066,86763,69863,69871,39669,52180,65280,65293,893125,501136,206136,206148,123158,271286,638286,638204,598196,455185,556185,556113,381122,859124,432124,432172,137175,947167,063138,410181,66773,848125,336125,33674,15659,32142,06042,060180,472111,211-59,552,173-59,552,17340,39128,307035,689000
   > Long-term Liabilities 
0
0
0
63
0
127,098
131,263
147,308
147,308
183,533
191,821
292,564
292,564
393,273
390,304
278,715
278,715
292,182
292,077
229,234
407,312
452,834
407,780
358,457
358,457
333,672
334,955
251,692
251,692
328,943
324,388
257,761
257,761
259,057
252,282
197,059
197,059
130,263
130,761
130,523
130,523
89,454
91,994
117,828
117,828
114,743
48,233
100,019
100,019
157,763
153,216
153,216
119,310
114,793
89,911
72,992
72,992
66,025
68,591
65,374
65,374
55,769
51,227
45,757
45,757
36,624
53,478
58,378
58,378
54,212
54,212
54,21254,21258,37858,37853,47836,62445,75745,75751,22755,76965,37465,37468,59166,02572,99272,99289,911114,793119,310153,216153,216157,763100,019100,01948,233114,743117,828117,82891,99489,454130,523130,523130,761130,263197,059197,059252,282259,057257,761257,761324,388328,943251,692251,692334,955333,672358,457358,457407,780452,834407,312229,234292,077292,182278,715278,715390,304393,273292,564292,564191,821183,533147,308147,308131,263127,098063000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
68,366
50,104
52,483
44,823
48,147
43,963
38,782
36,063
31,734
29,979
26,905
21,196
37,996
37,481
37,365
35,448
0
035,44837,36537,48137,99621,19626,90529,97931,73436,06338,78243,96348,14744,82352,48350,10468,366000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,559
3,602
3,167
3,1673,6023,55900000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
72,541
0
87,312
103,846
125,709
125,709
475,786
513,250
381,808
381,808
364,766
355,529
396,263
396,263
447,582
513,224
586,464
618,101
629,632
631,130
600,986
600,986
520,607
448,535
403,450
403,450
313,281
170,254
166,305
166,305
157,290
146,606
140,388
140,388
115,149
110,316
111,934
111,934
112,308
91,748
66,145
66,145
13,947
0
90,482
90,482
95,187
94,780
0
90,670
92,397
94,410
94,716
94,716
93,646
103,349
139,614
139,614
421,997
422,921
404,006
404,006
390,185
339,123
358,172
358,172
322,344
322,344
322,344322,344358,172358,172339,123390,185404,006404,006422,921421,997139,614139,614103,34993,64694,71694,71694,41092,39790,670094,78095,18790,48290,482013,94766,14566,14591,748112,308111,934111,934110,316115,149140,388140,388146,606157,290166,305166,305170,254313,281403,450403,450448,535520,607600,986600,986631,130629,632618,101586,464513,224447,582396,263396,263355,529364,766381,808381,808513,250475,786125,709125,709103,84687,312072,541000
   Common Stock
0
0
0
0
0
0
0
36,266
36,266
330,666
330,666
330,666
330,666
345,645
345,645
413,752,964
413,752,964
414,585
415,001
422,039,086
422,254
422,314
422,314
422,313,848
422,313,848
420,370
421,452
421,461
421,461
422,207
475,781
475,816
475,816
476,441
476,766
476,766
476,766
478,391
478,527
477,965
477,965
477,171
477,171
476,658
476,658
476,658
0
519,226
519,226
519,226
519,313
0
519,313
519,313
519,313
530,208
530,208
530,208
536,961
574,500
574,500
848,524
847,426
847,379
847,379
847,745
806,283
848,133
848,133
806,576
806,576
806,576806,576848,133848,133806,283847,745847,379847,379847,426848,524574,500574,500536,961530,208530,208530,208519,313519,313519,3130519,313519,226519,226519,2260476,658476,658476,658477,171477,171477,965477,965478,527478,391476,766476,766476,766476,441475,816475,816475,781422,207421,461421,461421,452420,370422,313,848422,313,848422,314422,314422,254422,039,086415,001414,585413,752,964413,752,964345,645345,645330,666330,666330,666330,66636,26636,2660000000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
1,246
0
3,164
4,694
8,415
8,415
21,327
25,341
22,079
22,079
21,804
21,957
22,054
22,054
23,873
27,886
36,181
44,662
56,344
66,057
71,646
71,646
65,709
71,200
75,329
75,329
83,691
86,348
83,614
83,614
84,260
84,952
86,312
86,312
80,040
66,206
60,907
60,907
51,163
51,000
51,233
51,233
53,385
53,385
-2,238
-2,238
-2,851
-4,790
-5,000
-4,493
-2,746
-3,164
-2,859
-2,859
-2,799
-2,044
-3,570
-3,570
-2,885
-4,066
-4,618
-4,618
-16,558
-28,736
-14,810
-14,810
-21,542
0
0-21,542-14,810-14,810-28,736-16,558-4,618-4,618-4,066-2,885-3,570-3,570-2,044-2,799-2,859-2,859-3,164-2,746-4,493-5,000-4,790-2,851-2,238-2,23853,38553,38551,23351,23351,00051,16360,90760,90766,20680,04086,31286,31284,95284,26083,61483,61486,34883,69175,32975,32971,20065,70971,64671,64666,05756,34444,66236,18127,88623,87322,05422,05421,95721,80422,07922,07925,34121,3278,4158,4154,6943,16401,246000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,667
9,713
9,807
9,891
9,976
7,770
7,981
8,197
10,688
12,396
13,046
13,593
13,215
13,500
13,941
14,116
0
014,11613,94113,50013,21513,59313,04612,39610,6888,1977,9817,7709,9769,8919,8079,7139,667000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000-18,446000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
48,031
0
48,194
50,423
14,827
14,827
16,609
17,674
17,769
17,769
19,630
20,410
434,818
434,818
21,896
22,995
441,897
-538
2,133
1,206
424,481
424,481
4,666
4,628
5,250
5,250
5,104
6,099
5,950
5,950
6,991
7,035
7,512
7,512
7,248
7,516
7,669
7,669
7,994
8,089
7,716
7,716
8,569
0
9,012
9,012
8,710
8,665
0
9,364
9,596
9,667
9,713
9,713
9,891
9,976
7,770
7,770
8,197
10,688
-6,050
-6,050
-6,407
-6,785
-48,349
-48,349
-24,077
-21,542
-21,542-24,077-48,349-48,349-6,785-6,407-6,050-6,05010,6888,1977,7707,7709,9769,8919,7139,7139,6679,5969,36408,6658,7109,0129,01208,5697,7167,7168,0897,9947,6697,6697,5167,2487,5127,5127,0356,9915,9505,9506,0995,1045,2505,2504,6284,666424,481424,4811,2062,133-538441,89722,99521,896434,818434,81820,41019,63017,76917,76917,67416,60914,82714,82750,42348,194048,031000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue81,413
Cost of Revenue-56,932
Gross Profit24,48124,481
 
Operating Income (+$)
Gross Profit24,481
Operating Expense-17,012
Operating Income7,4697,469
 
Operating Expense (+$)
Research Development0
Selling General Administrative16,908
Selling And Marketing Expenses3
Operating Expense17,01216,911
 
Net Interest Income (+$)
Interest Income1,522
Interest Expense-4,033
Other Finance Cost-0
Net Interest Income-2,511
 
Pretax Income (+$)
Operating Income7,469
Net Interest Income-2,511
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,2267,712
EBIT - interestExpense = 3,436
7,103
9,936
Interest Expense4,033
Earnings Before Interest and Taxes (EBIT)7,46911,259
Earnings Before Interest and Taxes (EBITDA)8,991
 
After tax Income (+$)
Income Before Tax7,226
Tax Provision-1,200
Net Income From Continuing Ops6,0266,026
Net Income5,903
Net Income Applicable To Common Shares-4,672
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses73,944
Total Other Income/Expenses Net-2432,511
 

Technical Analysis of Emeren
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Emeren. The general trend of Emeren is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Emeren's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Emeren Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 2.28 < 2.5 < 2.9693.

The bearish price targets are: 1.77 > 1.54.

Tweet this
Emeren Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Emeren Group Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Emeren Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Emeren Group Ltd.

Emeren Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEmeren Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Emeren Group Ltd. The current adx is .

Emeren Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Emeren Group Ltd.

Emeren Group Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Emeren Group Ltd.

Emeren Group Ltd Daily Relative Strength Index (RSI) ChartEmeren Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Emeren Group Ltd.

Emeren Group Ltd Daily Stochastic Oscillator ChartEmeren Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Emeren Group Ltd.

Emeren Group Ltd Daily Commodity Channel Index (CCI) ChartEmeren Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Emeren Group Ltd.

Emeren Group Ltd Daily Chande Momentum Oscillator (CMO) ChartEmeren Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Emeren Group Ltd.

Emeren Group Ltd Daily Williams %R ChartEmeren Group Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Emeren Group Ltd.

Emeren Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Emeren Group Ltd.

Emeren Group Ltd Daily Average True Range (ATR) ChartEmeren Group Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Emeren Group Ltd.

Emeren Group Ltd Daily On-Balance Volume (OBV) ChartEmeren Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Emeren Group Ltd.

Emeren Group Ltd Daily Money Flow Index (MFI) ChartEmeren Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Emeren Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Emeren Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Emeren Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1.980
Total1/1 (100.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Emeren with someone you think should read this too:
  • Are you bullish or bearish on Emeren? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Emeren? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Emeren Group Ltd

I send you an email if I find something interesting about Emeren Group Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Emeren Group Ltd.

Receive notifications about Emeren Group Ltd in your mailbox!