canadian solar inc. - CSIQ

CSIQ

Close Chg Chg %
11.30 0.22 1.95%

Open Market

11.52

+0.22 (1.95%)

Volume: 467.63K

Last Updated:

Nov 22, 2024, 11:08 AM EDT

Company Overview: canadian solar inc. - CSIQ

CSIQ Key Data

Open

$11.17

Day Range

11.03 - 11.52

52 Week Range

10.91 - 26.85

Market Cap

$747.78M

Shares Outstanding

66.17M

Public Float

47.29M

Beta

1.34

Rev. Per Employee

N/A

P/E Ratio

20.36

EPS

$0.55

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.74M

 

CSIQ Performance

1 Week
 
2.82%
 
1 Month
 
-15.73%
 
3 Months
 
-16.17%
 
1 Year
 
-45.88%
 
5 Years
 
-24.26%
 

CSIQ Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 8
Full Ratings ➔

About canadian solar inc. - CSIQ

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. It operates through the CSI Solar and Global Energy segments. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. The Global Energy segment includes solar and battery storage project development and sale, asset management services for operational projects, sale of electricity, and investment in retained assets. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.

CSIQ At a Glance

Canadian Solar, Inc.
545 Speedvale Avenue West
Guelph, Ontario N1K 1E6
Phone 1-519-837-1881 Revenue 7.61B
Industry Semiconductors Net Income 274.19M
Sector Electronic Technology 2023 Sales Growth 1.942%
Fiscal Year-end 12 / 2024 Employees 22,234
View SEC Filings

CSIQ Valuation

P/E Current 20.364
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 6.254
Price to Sales Ratio 0.249
Price to Book Ratio 0.678
Price to Cash Flow Ratio 1.482
Enterprise Value to EBITDA 6.324
Enterprise Value to Sales 0.601
Total Debt to Enterprise Value 0.978

CSIQ Efficiency

Revenue/Employee 342,431.681
Income Per Employee 12,331.879
Receivables Turnover 6.294
Total Asset Turnover 0.727

CSIQ Liquidity

Current Ratio 0.992
Quick Ratio 0.757
Cash Ratio 0.501

CSIQ Profitability

Gross Margin 16.812
Operating Margin 4.846
Pretax Margin 5.366
Net Margin 3.601
Return on Assets 2.62
Return on Equity 12.184
Return on Total Capital 3.898
Return on Invested Capital 7.473

CSIQ Capital Structure

Total Debt to Total Equity 174.877
Total Debt to Total Capital 63.62
Total Debt to Total Assets 37.623
Long-Term Debt to Equity 69.233
Long-Term Debt to Total Capital 25.187
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Canadian Solar Inc. - CSIQ

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
3.48B 5.28B 7.47B 7.61B
Sales Growth
+8.62% +51.80% +41.53% +1.94%
Cost of Goods Sold (COGS) incl D&A
2.79B 4.37B 6.21B 6.33B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
217.15M 297.69M 244.42M 354.67M
Depreciation
212.03M 293.09M 240.83M 350.88M
Amortization of Intangibles
5.12M 4.60M 3.59M 3.79M
COGS Growth
+12.27% +56.75% +42.07% +2.07%
Gross Income
689.91M 909.31M 1.26B 1.28B
Gross Income Growth
-3.98% +31.80% +38.91% +1.33%
Gross Profit Margin
+19.85% +17.23% +16.91% +16.81%
2020 2021 2022 2023 5-year trend
SG&A Expense
495.01M 766.00M 970.88M 911.00M
Research & Development
45.17M 58.41M 69.82M 100.84M
Other SG&A
449.84M 707.59M 901.06M 810.16M
SGA Growth
+5.29% +54.75% +26.75% -6.17%
Other Operating Expense
- - - -
-
Unusual Expense
(50.00M) (23.79M) 44.49M 27.50M
EBIT after Unusual Expense
244.91M 167.10M 247.77M 341.48M
Non Operating Income/Expense
(38.55M) 29.52M 182.96M 181.15M
Non-Operating Interest Income
9.31M 11.05M 41.47M 66.25M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
71.87M 58.15M 74.27M 114.10M
Interest Expense Growth
-11.62% -19.09% +27.71% +53.64%
Gross Interest Expense
82.23M 75.47M 100.71M 142.74M
Interest Capitalized
10.35M 17.32M 26.44M 28.64M
Pretax Income
134.48M 138.46M 356.47M 408.53M
Pretax Income Growth
-25.15% +2.96% +157.44% +14.60%
Pretax Margin
+3.87% +2.62% +4.77% +5.37%
Income Tax
(1.98M) 35.84M 73.35M 59.50M
Income Tax - Current - Domestic
22.26M 103.08M 57.27M 75.05M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(24.24M) (67.24M) 16.08M (15.55M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
147.25M 109.88M 298.56M 363.63M
Minority Interest Expense
543.00K 14.63M 58.59M 89.45M
Net Income
146.70M 95.25M 239.97M 274.19M
Net Income Growth
-14.50% -35.07% +151.94% +14.26%
Net Margin Growth
+4.22% +1.80% +3.21% +3.60%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
146.70M 95.25M 239.97M 274.19M
Preferred Dividends
- - - -
-
Net Income Available to Common
146.70M 95.25M 239.97M 274.19M
EPS (Basic)
2.4625 1.5459 3.7306 4.1941
EPS (Basic) Growth
-14.42% -37.22% +141.32% +12.42%
Basic Shares Outstanding
59.58M 61.61M 64.32M 65.38M
EPS (Diluted)
2.3789 1.4599 3.444 3.8712
EPS (Diluted) Growth
-16.21% -38.63% +135.91% +12.40%
Diluted Shares Outstanding
62.31M 68.87M 71.18M 72.19M
EBITDA
412.06M 441.00M 536.68M 723.65M
EBITDA Growth
-3.49% +7.02% +21.69% +34.84%
EBITDA Margin
+11.85% +8.36% +7.19% +9.50%

Snapshot

Average Recommendation HOLD Average Target Price 17.285
Number of Ratings 8 Current Quarters Estimate 0.617
FY Report Date 12 / 2024 Current Year's Estimate 0.743
Last Quarter’s Earnings -0.04 Median PE on CY Estimate N/A
Year Ago Earnings 3.87 Next Fiscal Year Estimate 2.711
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 4 7 7
Mean Estimate 0.62 0.42 0.74 2.71
High Estimates 1.08 0.84 1.42 5.63
Low Estimate 0.10 0.07 -0.51 0.77
Coefficient of Variance 57.41 78.93 91.02 64.84

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 4
OVERWEIGHT 1 1 1
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 2 3 2
MEAN Hold Hold Overweight

Canadian Solar Inc. in the News