RENESOLA LTD -ADS

No. 8 Baoqun Road Ticker: SOL
Zhejiang , China 314117 Exchange: NYSE
86.573.8477.30 Sector: Information Technology
Industry: Semiconductors & Semiconductor Equipment

Complete Financials: Q2Y08 Currency: USD Current Annual Period: Y07
Business Summary
SOL ReneSola, Ltd., along with its subsidiaries, engages in the development, manufacture, and sale of solar wafers and related products in the People's Republic of China.


RATIOS AND STATISTICS AT A GLANCE
( As of 10/13/2008 )
Price

52 Week High

52 Week Low

3 Month Avg Daily Vol (Mil)

10 Day Avg Daily Vol (Mil)

Beta

Indicated Annual Dividend

Dividend Yield % 		6.820

29.480

6.080

2.243

2.374

NA

0.000

0.000 		Price/Sales (TTM)

P/E Ratio (TTM)

Price/Book (MRQ)

Price/Cash Flow (TTM)

Return on Assets (TTM) %

Return on Equity (TTM) %

Current Ratio (MRQ)

Total Debt/Equity (MRQ) 		0.734

5.683

1.517

1.244

11.960

29.442

2.345

0.663

Note:
Mil = Millions
MRQ = Most Recent Quarter
TTM = Trailing Twelve Months


SHARE RELATED INFORMATION SHORT INTEREST INFORMATION
Market Cap (Mil)

Shares Outstanding (Mil)

Float (Mil) 		469.301

68.813

NA 		Current Month (Mil)

Previous Month (Mil)

Short Interest Ratio (Days) 		2.826

2.779

NA


INSTITUTIONAL &
INSIDER OWNERSHIP 		PURCHASES
(Mil) 		SALES
(Mil) 		NET PURCHASES
(Mil) 		PERCENT
OWNED (%) 		PREVIOUS PERCENT
OWNED (%)
Institutions (3 Months)

Insiders (6 Months) 		13.777

0.000 		-6.073

0.000 		7.704

0.000 		37.354

NA 		21.777

NA


GROWTH RATES 1 YEAR 3 YEAR 5 YEAR
Sales %

EPS %

Dividend % 		195.093

71.429

NC 		599.524

500.000

NC 		599.524

500.000

NC


HISTORICAL QUARTERLY RESULTS

REVENUE
( Thousands of USD )
QUARTERS 2005 2006 2007 2008
Q1

Q2

Q3

Q4 		1.272

1.272

1.272

1.272 		8.285

15.757

28.057

32.272 		35.916

44.472

72.539

96.046 		122.982

173.007



TOTAL 5.088 84.371 248.973
EARNINGS PER SHARE
( USD )
QUARTERS 2005 2006 2007 2008
Q1

Q2

Q3

Q4 		0.005

0.005

0.005

0.005 		0.040

0.080

0.150

0.160 		0.110

0.100

0.210

0.290 		0.300

0.400



TOTAL 0.020 0.430 0.710

Copyright © 2008 , Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. Standard & Poor’s including its subsidiary corporations (“S&P”) is a division of The McGraw-Hill Companies, Inc. Reproduction of S&P Compustat in any form is prohibited except with the prior written permission of S&P. Because of the possibility of human or mechanical error by S&P’s sources, S&P or others, S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. S&P GIVES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any indirect, special or consequential damages in connection with subscriber’s or others’ use of S&P Compustat.