SOL · As filed with the SEC
Emeren Group balance sheet, by quarter
The statement as Emeren Group presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS · USD
| USD | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Statement | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 84,635,000 | 46,642,000 | 52,885,000 | 50,012,000 | 35,755,000 | 50,830,000 | 55,070,000 | 70,174,000 |
| Restricted cash | 1,879,000 | 1,715,000 | — | — | 1,000 | — | 3,000 | 0 |
| Accounts receivable trade, net | 15,976,000 | 16,483,000 | 20,782,000 | 21,121,000 | 24,412,000 | 23,164,000 | 26,527,000 | 27,123,000 |
| Accounts receivable unbilled, net | 19,341,000 | 47,068,000 | 44,047,000 | 41,330,000 | 44,750,000 | 45,789,000 | 49,327,000 | 59,598,000 |
| Advances to suppliers | 1,094,000 | 622,000 | 903,000 | 568,000 | 1,269,000 | 2,971,000 | 4,859,000 | 4,283,000 |
| Value added tax recoverables | 3,279,000 | 9,539,000 | 8,821,000 | 8,005,000 | 8,569,000 | 7,291,000 | 8,822,000 | 7,103,000 |
| Project assets, current | 35,132,000 | 46,993,000 | 50,640,000 | 54,267,000 | 77,220,000 | 70,392,000 | 53,901,000 | 39,914,000 |
| Prepaid expenses and other current assets, net | 17,076,000 | 18,427,000 | 18,976,000 | 16,085,000 | 19,836,000 | 17,422,000 | 20,429,000 | 18,255,000 |
| Total current assets | 178,412,000 | 187,489,000 | 197,054,000 | 191,388,000 | 211,812,000 | 217,859,000 | 218,938,000 | 226,450,000 |
| Property, plant and equipment, net | 177,145,000 | 177,423,000 | 197,408,000 | 194,839,000 | 168,397,000 | 159,469,000 | 160,382,000 | 163,114,000 |
| Project assets, non-current | 41,945,000 | 27,956,000 | 22,716,000 | 14,444,000 | 43,786,000 | 36,065,000 | 41,271,000 | 36,610,000 |
| Operating lease, right-of-use assets | 18,283,000 | 18,583,000 | 19,474,000 | 19,931,000 | 22,506,000 | 20,969,000 | 20,669,000 | 21,057,000 |
| Finance lease, right-of-use assets | 3,364,000 | 4,529,000 | 4,534,000 | 4,574,000 | 4,821,000 | 4,715,000 | 4,807,000 | 14,192,000 |
| Investment in U.S. treasury notes | — | — | — | — | — | — | — | 0 |
| Other non-current assets | 30,349,000 | 26,884,000 | 23,736,000 | 22,390,000 | 18,789,000 | 18,674,000 | 17,459,000 | 16,928,000 |
| Goodwill | — | — | — | — | — | — | — | 0 |
| Total assets | 449,498,000 | 442,864,000 | 464,922,000 | 447,566,000 | 470,111,000 | 457,751,000 | 463,526,000 | 478,351,000 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 4,724,000 | 5,400,000 | 11,056,000 | 11,892,000 | 12,982,000 | 15,183,000 | 18,458,000 | 16,203,000 |
| Advances from customers | 5,377,000 | 5,383,000 | 4,924,000 | 5,042,000 | 6,127,000 | 6,171,000 | 5,243,000 | 5,375,000 |
| Related party | 2,948,000 | 2,943,000 | 3,371,000 | 4,028,000 | — | — | 5,851,000 | 4,967,000 |
| Long-term borrowings, current | 2,204,000 | 2,575,000 | 1,651,000 | 1,181,000 | 927,000 | 1,245,000 | 939,000 | 1,385,000 |
| Income tax payable | 1,238,000 | 1,141,000 | 1,063,000 | 606,000 | 3,536,000 | 4,317,000 | 3,109,000 | 2,102,000 |
| Salaries payable | 1,274,000 | 1,368,000 | 2,189,000 | 1,265,000 | 1,044,000 | 745,000 | 670,000 | 718,000 |
| Operating lease liabilities, current | 761,000 | 544,000 | 557,000 | 659,000 | 592,000 | 643,000 | 500,000 | 363,000 |
| Failed sales-leaseback and finance lease liabilities, current | 5,414,000 | 5,640,000 | 5,046,000 | 5,014,000 | 4,934,000 | 5,125,000 | 4,563,000 | 4,559,000 |
| Other current liabilities | 17,733,000 | 19,203,000 | 19,087,000 | 19,831,000 | — | — | 18,333,000 | 21,320,000 |
| Related party | — | — | — | — | 2,625,000 | 2,443,000 | — | — |
| Nonrelated party | — | — | — | — | 16,076,000 | 15,174,000 | — | — |
| Total current liabilities | 41,673,000 | 44,197,000 | 48,944,000 | 49,518,000 | 48,843,000 | 51,046,000 | 57,666,000 | 56,992,000 |
| Long-term borrowings | — | — | — | — | — | — | — | 22,685,000 |
| Long-term borrowings, non-current | 47,220,000 | 40,009,000 | 37,942,000 | 23,515,000 | 25,287,000 | 22,863,000 | 23,033,000 | — |
| Operating lease liabilities, non-current | 19,396,000 | 19,871,000 | 19,377,000 | 19,252,000 | 21,608,000 | 20,358,000 | 20,082,000 | 20,575,000 |
| Failed sales-leaseback and finance lease liabilities, non-current | 13,776,000 | 14,564,000 | 13,374,000 | 13,767,000 | 11,273,000 | 12,460,000 | 10,530,000 | 11,258,000 |
| Deferred tax liabilities | 3,910,000 | 3,939,000 | 3,636,000 | 3,494,000 | 3,690,000 | 3,503,000 | 3,498,000 | 3,532,000 |
| Total liabilities | 125,975,000 | 122,580,000 | 123,273,000 | 109,546,000 | 110,701,000 | 110,230,000 | 114,809,000 | 115,042,000 |
| Shareholders' equity | ||||||||
| 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) | 806,714,000 | 806,714,000 | 806,714,000 | 806,714,000 | 806,714,000 | 806,714,000 | 806,714,000 | 806,714,000 |
| Additional paid-in capital | 15,203,000 | 15,155,000 | 15,180,000 | 15,104,000 | 14,966,000 | 14,860,000 | 14,757,000 | 14,728,000 |
| Treasury stock, at cost (124,703,920 and 124,703,920 shares as of September 30, 2025 and December 31, 2024, respectively) | (49,146,000) | (49,146,000) | (49,146,000) | (49,146,000) | (49,146,000) | (49,146,000) | (48,116,000) | (41,938,000) |
| Accumulated deficit | (450,382,000) | (450,047,000) | (451,500,000) | (453,040,000) | (441,253,000) | (446,096,000) | (446,488,000) | (440,563,000) |
| Accumulated other comprehensive loss | (12,007,000) | (12,127,000) | (17,192,000) | (19,116,000) | (11,710,000) | (16,612,000) | (15,903,000) | (13,629,000) |
| Emeren Group Ltd shareholders' equity | 310,382,000 | 310,549,000 | 304,056,000 | 300,516,000 | 319,571,000 | 309,720,000 | 310,964,000 | 325,312,000 |
| Non-controlling interest | 13,141,000 | 9,735,000 | 37,593,000 | 37,504,000 | 39,839,000 | 37,801,000 | 37,753,000 | 37,997,000 |
| Total shareholders' equity | 323,523,000 | 320,284,000 | 341,649,000 | 338,020,000 | 359,410,000 | 347,521,000 | 348,717,000 | 363,309,000 |
| Total liabilities and shareholders' equity | 449,498,000 | 442,864,000 | 464,922,000 | 447,566,000 | 470,111,000 | 457,751,000 | 463,526,000 | 478,351,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
Data on this page was fetched . The filing on SEC.gov is the record.