MSFT 425.025 -0.9035% AAPL 220.43 0.8648% NVDA 115.85 1.4004% GOOGL 172.44 -0.1101% GOOG 174.27 -0.0573% AMZN 182.99 1.1945% META 460.09 -0.2558% AVGO 152.64 0.859% TSLA 224.8499 4.102% TSM 161.61 1.1327% LLY 823.56 -4.2238% V 257.56 1.3338% JPM 209.535 0.453% UNH 562.83 0.5502% NVO 129.31 -1.7401% WMT 70.206 -0.5581% LVMUY 143.15 0.9022% XOM 116.85 1.5999% LVMHF 714.04 0.4982% MA 436.96 1.0429%
Last update at 2024-07-25T16:54:00Z
Canadian Solar Schedules Second Quarter 2024 Earnings Conference Call for August 22
Tue 23 Jul 24, 11:00 AM3 Solar Stocks to Buy Now: Q3 Edition
Thu 18 Jul 24, 12:00 AM3 Moonshot Stocks That Could Turn $5,000 Into $25,000
Mon 15 Jul 24, 12:00 AMAt US$17.41, Is It Time To Put Canadian Solar Inc. (NASDAQ:CSIQ) On Your Watch List?
Fri 12 Jul 24, 01:18 PMThe 3 Most Undervalued Solar Stocks to Buy in July 2024
Fri 12 Jul 24, 12:00 AMRecurrent Energy Signs PPA with GKN Automotive for 115 MWp Rey I Project in Spain
Wed 10 Jul 24, 11:00 AMThe 3 Most Undervalued Renewable Energy Stocks to Buy in July 2024
Wed 10 Jul 24, 12:00 AM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 356.47M | 138.46M | 134.48M | 179.67M | 298.49M |
| Minority interest | -58.58700M | -14.62800M | 322.36M | 31.92M | 47.37M |
| Net income | 239.97M | 95.25M | 146.70M | 171.59M | 237.07M |
| Selling general administrative | 342.13M | 308.94M | 225.60M | 242.78M | 245.38M |
| Selling and marketing expenses | 558.93M | 398.65M | 224.24M | 180.33M | 165.40M |
| Gross profit | 1263.14M | 909.31M | 689.91M | 718.50M | 775.08M |
| Reconciled depreciation | 234.56M | 282.77M | 209.12M | 159.72M | 129.26M |
| Ebit | 356.06M | -81.33700M | 20.62M | 111.19M | 246.61M |
| Ebitda | 396.68M | 201.43M | 229.74M | 270.92M | 375.86M |
| Depreciation and amortization | 40.62M | 282.77M | 209.12M | 159.72M | 129.26M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 356.06M | -81.33700M | 20.62M | 111.19M | 364.66M |
| Other operating expenses | 7112.55M | 5086.79M | 3256.07M | 2941.70M | 3379.86M |
| Interest expense | 74.27M | 58.15M | 71.87M | 81.33M | 106.03M |
| Tax provision | 73.35M | 35.84M | -1.98300M | 42.07M | 61.97M |
| Interest income | 40.62M | 11.05M | 9.31M | 12.04M | 11.21M |
| Net interest income | -33.65100M | -47.10200M | -62.56800M | -69.28700M | -94.82500M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 73.35M | 35.84M | -1.98300M | 42.07M | 61.97M |
| Total revenue | 7468.61M | 5277.17M | 3476.49M | 3200.58M | 3744.51M |
| Total operating expenses | 907.08M | 718.93M | 469.48M | 459.62M | 410.43M |
| Cost of revenue | 6205.47M | 4367.86M | 2786.58M | 2482.09M | 2969.43M |
| Total other income expense net | 0.41M | 219.80M | 113.87M | 68.48M | 28.66M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 298.56M | 109.88M | 147.25M | 166.56M | 242.43M |
| Net income applicable to common shares | 239.97M | 95.25M | 146.70M | 171.59M | 237.07M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 11895.76M | 9037.13M | 7388.34M | 6536.85M | 5467.21M |
| Intangible assets | 19.73M | 85.62M | 90.00M | 84.84M | 83.63M |
| Earning assets | - | - | - | - | - |
| Other current assets | 292.88M | 653.90M | 1028.28M | 1101.55M | 857.62M |
| Total liab | 8190.52M | 6730.43M | 5261.90M | 4644.07M | 4042.15M |
| Total stockholder equity | 2559.24M | 1941.64M | 1801.08M | 1570.42M | 1393.13M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 1954.72M | 1171.50M | 913.40M | 757.22M | 588.54M |
| Common stock | 835.54M | 835.54M | 835.54M | 687.03M | 703.81M |
| Capital stock | 835.54M | 835.54M | 835.54M | 687.03M | 703.81M |
| Retained earnings | 1549.71M | 1275.52M | 1035.55M | 940.35M | 793.60M |
| Other liab | - | 360.56M | 452.23M | 370.81M | 295.04M |
| Good will | - | - | - | - | 0.00000M |
| Other assets | - | 963.03M | 882.27M | 845.11M | 841.09M |
| Cash | 2938.62M | 981.43M | 869.83M | 1178.75M | 668.77M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 5864.39M | 5258.77M | 4038.15M | 3588.36M | 3092.00M |
| Current deferred revenue | 392.31M | 334.94M | 135.51M | 189.47M | 134.81M |
| Net debt | 1536.91M | 3030.69M | 2387.93M | 1630.70M | 1754.48M |
| Short term debt | 2703.69M | 2947.03M | 2486.24M | 2126.92M | 1783.05M |
| Short long term debt | 2683.48M | 2937.22M | 2474.05M | 2111.72M | 1764.28M |
| Short long term debt total | 4475.53M | 4012.12M | 3257.76M | 2809.45M | 2423.25M |
| Other stockholder equity | 292.74M | 1.13M | -19.42800M | -28.23600M | 5.33M |
| Property plant equipment | - | 2295.06M | 1545.43M | 1342.79M | 1136.72M |
| Total current assets | 5814.66M | 5644.66M | 4771.83M | 4185.82M | 3252.94M |
| Long term investments | 236.93M | 115.78M | 98.82M | 78.29M | 152.83M |
| Net tangible assets | - | 1924.11M | 1711.08M | 1485.58M | 1309.51M |
| Short term investments | 19.32M | - | - | - | - |
| Net receivables | 1209.70M | 1236.11M | 887.54M | 545.71M | 592.22M |
| Long term debt | 1655.00M | 1039.38M | 748.31M | 669.30M | 619.48M |
| Inventory | 1373.46M | 1524.10M | 1192.37M | 695.98M | 554.07M |
| Accounts payable | 813.68M | 805.30M | 503.00M | 514.74M | 585.60M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -118.74400M | -170.55100M | -50.58400M | -28.72100M | -109.60700M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | 687.03M | 703.81M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | -11.84500M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 1243.90M | 734.87M | 645.76M | 674.46M | 687.13M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 6081.10M | 3392.47M | 2616.51M | 2351.03M | 2214.27M |
| Capital lease obligations | 137.05M | 35.52M | 35.40M | 28.44M | 39.48M |
| Long term debt total | - | - | - | - | 632.55M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | -1432.47400M | -630.48800M | -37.02200M | 15.28M | -3.02300M |
| Change to liabilities | - | 561.39M | -110.36100M | -58.93600M | 292.83M |
| Total cashflows from investing activities | - | -630.48800M | -429.57000M | -319.66200M | -294.10200M |
| Net borrowings | - | 443.12M | 472.87M | 560.68M | -22.83600M |
| Total cash from financing activities | 2052.83M | 428.64M | 614.07M | 823.50M | -34.61400M |
| Change to operating activities | - | 516.57M | 105.51M | -201.23800M | 204.36M |
| Net income | 274.19M | 298.56M | 109.88M | 147.25M | 166.56M |
| Change in cash | 979.07M | 535.22M | -205.43300M | 434.30M | 264.43M |
| Begin period cash flow | 1959.55M | 1434.28M | 1639.71M | 1205.42M | 940.99M |
| End period cash flow | 2938.62M | 1969.50M | 1434.28M | 1639.71M | 1205.42M |
| Total cash from operating activities | 684.62M | 916.63M | -408.25400M | -120.54100M | 600.11M |
| Issuance of capital stock | 927.90M | 803.64M | 148.51M | 0.00000M | - |
| Depreciation | 307.04M | 234.56M | 282.77M | 209.12M | 159.72M |
| Other cashflows from investing activities | - | - | - | - | -2.92000M |
| Dividends paid | - | - | 0.00000M | 37.38M | 1.12M |
| Change to inventory | 182.77M | -406.34300M | -518.74100M | -180.97400M | -312.78100M |
| Change to account receivables | 58.98M | -357.27600M | -284.78500M | 65.38M | 51.67M |
| Sale purchase of stock | - | 0.00000M | 0.00000M | -5.96300M | -11.84500M |
| Other cashflows from financing activities | 1124.93M | 2143.42M | 2368.53M | 2413.23M | 0.31M |
| Change to netincome | - | 193.04M | 67.13M | 42.59M | 60.92M |
| Capital expenditures | 1525.46M | 628.00M | 429.50M | 334.94M | 291.18M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -189.73700M | 285.12M | -886.74500M | -560.42500M | 215.99M |
| Stock based compensation | 55.34M | 9.37M | 8.81M | 12.35M | 10.68M |
| Other non cash items | 600.16M | 72.12M | 83.56M | 52.64M | -6.50000M |
| Free cash flow | -840.84500M | 288.63M | -837.75400M | -455.48200M | 308.93M |
Sector: Technology Industry: Solar
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CSIQ Canadian Solar Inc |
0.72 4.54% | 16.58 | 6.34 | 4.84 | 0.13 | 0.41 | 0.46 | 5.70 |
| FSLR First Solar Inc |
1.18 0.53% | 222.51 | 28.97 | 13.44 | 5.89 | 2.92 | 5.44 | 14.89 |
| ENPH Enphase Energy Inc |
2.12 1.82% | 119.03 | 64.37 | 38.91 | 6.95 | 16.18 | 6.78 | 26.01 |
| NXT Nextracker Inc. Class A Common Stock |
0.29 0.62% | 47.10 | 16.44 | 12.44 | 2.71 | 15.50 | 2.46 | 15.56 |
| XISHY Xinyi Solar Holdings Limited |
-0.125 1.34% | 9.17 | 11.55 | 14.93 | 0.22 | 1.24 | 0.24 | 1.12 |
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions; solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery storage projects; and operation of solar power plants; and sale of electricity. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. It has a fleet of solar and battery energy storage plants in operation with an aggregate capacity of approximately 1,005 MWp and 600 MWh. It serves distributors, system integrators, project developers, and installers/EPC companies, as well as utility companies or grid operators, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial or government end users. It sells its products primarily under its Canadian Solar brand name. Canadian Solar Inc. was incorporated in 2001 and is based in Guelph, Canada.
545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6
| Name | Title | Year Born |
|---|---|---|
| Dr. Xiaohua Qu | Chairman, Pres & CEO | 1964 |
| Dr. Huifeng Chang | Sr. VP, CFO & Director | 1966 |
| Dr. Guoqiang Xing | Sr. VP & CTO | 1963 |
| Mr. Ed Job M.Sc., CFA | Managing Director of Investor Relations | NA |
| Mr. Jianyi Zhang | Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. | 1958 |
| Mr. Yan Zhuang | Director | 1964 |
| Ms. Julie E. Ungerleider | Managing Director of Global EPC - Global Energy Group | NA |
| Mr. Ismael Guerrero Arias | Corp. VP & Pres of the Energy business | 1975 |
| Ms. Mary Ma | Sr. Supervisor of Investor Relations | NA |
| Ms. Zhang Zhang | Director of Investor Relations & Strategic Analysis | 1994 |
Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
US 
AU
UK
CA
NZ
Please wait processing your request...