For the quarter ending 2025-09-30, SOL has $449,498K in assets. $125,975K in debts. $84,635K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 84,635 | 46,642 | ||
| Restricted cash | 1,879 | 1,715 | ||
| Accounts receivable trade, net | 15,976 | 16,483 | ||
| Accounts receivable unbilled, net | 19,341 | 47,068 | ||
| Advances to suppliers | 1,094 | 622 | ||
| Value added tax recoverables | 3,279 | 9,539 | ||
| Project assets, current | 35,132 | 46,993 | ||
| Prepaid expenses and other current assets, net | 17,076 | 18,427 | ||
| Total current assets | 178,412 | 187,489 | ||
| Property, plant and equipment, net | 177,145 | 177,423 | ||
| Project assets, non-current | 41,945 | 27,956 | ||
| Operating lease, right-of-use assets | 18,283 | 18,583 | ||
| Finance lease, right-of-use assets | 3,364 | 4,529 | ||
| Other non-current assets | 30,349 | 26,884 | ||
| Total assets | 449,498 | 442,864 | ||
| Accounts payable | 4,724 | 5,400 | ||
| Advances from customers | 5,377 | 5,383 | ||
| Amounts due to related parties-Related Party | 2,948 | 2,943 | ||
| Long-term borrowings, current | 2,204 | 2,575 | ||
| Income tax payable | 1,238 | 1,141 | ||
| Salaries payable | 1,274 | 1,368 | ||
| Operating lease liabilities, current | 761 | 544 | ||
| Failed sales-leaseback and finance lease liabilities, current | 5,414 | 5,640 | ||
| Other current liabilities | 17,733 | 19,203 | ||
| Total current liabilities | 41,673 | 44,197 | ||
| Long-term borrowings, non-current | 47,220 | 40,009 | ||
| Operating lease liabilities, non-current | 19,396 | 19,871 | ||
| Failed sales-leaseback and finance lease liabilities, non-current | 13,776 | 14,564 | ||
| Deferred tax liabilities | 3,910 | 3,939 | ||
| Total liabilities | 125,975 | 122,580 | ||
| Common shares (1,000,000,000 shares, no par value, authorized at september 30, 2025 and december 31, 2024 637,920,142 shares issued and 513,216,222 shares outstanding at september 30, 2025 652,821,742 shares issued and 513,216,222 shares outstanding at december 31, 2024) | 806,714 | 806,714 | ||
| Additional paid-in capital | 15,203 | 15,155 | ||
| Treasury stock, at cost (124,703,920 and 124,703,920 shares as of september 30, 2025 and december 31, 2024, respectively) | 49,146 | 49,146 | ||
| Accumulated deficit | -450,382 | -450,047 | ||
| Accumulated other comprehensive loss | -12,007 | -12,127 | ||
| Emeren group ltd shareholders' equity | 310,382 | 310,549 | ||
| Non-controlling interest | 13,141 | 9,735 | ||
| Total shareholders' equity | 323,523 | 320,284 | ||
| Total liabilities and shareholders' equity | 449,498 | 442,864 | ||
Emeren Group Ltd (SOL)
Emeren Group Ltd (SOL)