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Canadian Solar Inc

Technology US CSIQ

16.73USD
0.97(6.15%)

Last update at 2026-06-12T20:04:00Z

Day Range

15.8817.12
LowHigh

52 Week Range

7.8234.59
LowHigh

Fundamentals

  • Previous Close 15.76
  • Market Cap839.57M
  • Volume2239028
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA728.75M
  • Revenue TTM5595.11M
  • Revenue Per Share TTM83.05
  • Gross Profit TTM 1086.47M
  • Diluted EPS TTM-2.5

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -169.61400M -94.43800M 423.13M 356.47M 138.46M
Minority interest 79.64M 113.91M -112.25100M -58.58700M -14.62800M
Net income -104.12600M 36.05M 274.19M 239.97M 95.25M
Selling general administrative 964.40M 515.20M 440.49M 342.13M 308.94M
Selling and marketing expenses - 487.95M 369.67M 558.93M 398.65M
Gross profit 1026.23M 999.32M 1279.98M 1263.14M 909.31M
Reconciled depreciation 555.05M 501.44M 307.04M 234.56M 282.77M
Ebit - 55.17M 522.62M 356.06M -81.33700M
Ebitda -28.85700M 556.61M 829.66M 396.68M 201.43M
Depreciation and amortization - 501.44M 307.04M 40.62M 282.77M
Non operating income net other - - - - -
Operating income -28.85700M -30.08100M 453.32M 356.06M -81.33700M
Other operating expenses 5623.96M 6023.49M 7160.31M 7112.55M 5086.79M
Interest expense 178.17M 137.47M 114.10M 74.27M 58.15M
Tax provision 14.15M -16.57600M 86.00M 73.35M 35.84M
Interest income 46.05M 88.47M 45.28M 40.62M 11.05M
Net interest income -132.11200M -48.99800M -55.77100M -33.65100M -47.10200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 14.15M -16.57600M 59.50M 73.35M 35.84M
Total revenue 5595.11M 5993.41M 7613.63M 7468.61M 5277.17M
Total operating expenses 1055.08M 1029.40M 826.66M 907.08M 718.93M
Cost of revenue 4568.88M 4994.09M 6333.64M 6205.47M 4367.86M
Total other income expense net -140.75700M -64.35700M -30.18500M 0.41M 219.80M
Discontinued operations - - - - -
Net income from continuing ops -183.76300M -77.86200M 465.66M 298.56M 109.88M
Net income applicable to common shares - - - 239.97M 95.25M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 15171.73M 13511.55M 11895.76M 9037.13M 7388.34M
Intangible assets 31.98M 31.03M 19.73M 85.62M 90.00M
Earning assets - - - - -
Other current assets 837.50M 575.10M 292.88M 653.90M 1028.28M
Total liab 10902.10M 9361.75M 8190.52M 6730.43M 5261.90M
Total stockholder equity 2807.97M 2815.50M 2559.24M 1941.64M 1801.08M
Deferred long term liab - - - - -
Other current liab 1300.45M 1390.15M 1954.72M 1171.50M 913.40M
Common stock 835.54M 835.54M 835.54M 835.54M 835.54M
Capital stock 835.54M 835.54M 835.54M 835.54M 835.54M
Retained earnings 1481.63M 1585.76M 1549.71M 1275.52M 1035.55M
Other liab - - - 360.56M 452.23M
Good will - - - - -
Other assets - 0.00000M - 963.03M 882.27M
Cash 1912.12M 2252.87M 2938.62M 981.43M 869.83M
Cash and equivalents - - - - -
Total current liabilities 5850.39M 5665.33M 5864.39M 5258.77M 4038.15M
Current deferred revenue 162.59M 204.83M 392.31M 334.94M 135.51M
Net debt 5767.45M 3658.12M 1536.91M 3030.69M 2387.93M
Short term debt 3508.52M 3007.48M 2703.69M 2947.03M 2486.24M
Short long term debt 3481.74M 2739.74M 2683.48M 2937.22M 2474.05M
Short long term debt total 7679.57M 5911.00M 4475.53M 4012.12M 3257.76M
Other stockholder equity 568.92M 590.58M 292.74M 1.13M -19.42800M
Property plant equipment - - - 2295.06M 1545.43M
Total current assets 5429.60M 5522.70M 5814.66M 5644.66M 4771.83M
Long term investments 289.60M 232.98M 236.93M 115.78M 98.82M
Net tangible assets - - - 1924.11M 1711.08M
Short term investments - - 19.32M - -
Net receivables 1328.56M 1488.13M 1209.70M 1236.11M 887.54M
Long term debt 3816.55M 2878.09M 1655.00M 1039.38M 748.31M
Inventory 1351.41M 1206.60M 1373.46M 1524.10M 1192.37M
Accounts payable 878.83M 1062.87M 813.68M 805.30M 503.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -78.12500M -196.37900M -118.74400M -170.55100M -50.58400M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 2798.41M 1634.85M 1243.90M 734.87M 645.76M
Deferred long term asset charges - - - - -
Non current assets total 9742.13M 7988.85M 6081.10M 3392.47M 2616.51M
Capital lease obligations 381.29M 293.18M 137.05M 35.52M 35.40M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -119.49400M -1962.25700M -1432.47400M -630.48800M -37.02200M
Change to liabilities - - - 561.39M -110.36100M
Total cashflows from investing activities -1503.49000M -1962.25700M - -630.48800M -429.57000M
Net borrowings 1205.06M 1657.64M - 443.12M 472.87M
Total cash from financing activities 1347.51M 2319.77M 2052.83M 428.64M 614.07M
Change to operating activities - - - 516.57M 105.51M
Net income -104.12600M -77.86200M 274.19M 298.56M 109.88M
Change in cash -340.75100M -682.41100M 976.93M 535.22M -205.43300M
Begin period cash flow 2252.87M 2946.43M 1969.50M 1434.28M 1639.71M
End period cash flow 1912.12M 2264.02M 2946.43M 1969.50M 1434.28M
Total cash from operating activities -252.74100M -885.32400M 684.62M 916.63M -408.25400M
Issuance of capital stock 0.00000M 482.24M 927.90M 803.64M 148.51M
Depreciation 555.05M 501.44M 307.04M 234.56M 282.77M
Other cashflows from investing activities -112.04400M 12.53M -136.08100M 9.78M 76.64M
Dividends paid - - - - 0.00000M
Change to inventory -110.40300M -312.52200M 182.77M -406.34300M -518.74100M
Change to account receivables 327.54M -329.17700M 15.41M -357.27600M -284.78500M
Sale purchase of stock -70.13500M -79.58200M - 0.00000M 0.00000M
Other cashflows from financing activities 1201.91M 662.13M 900.36M -14.48600M -7.30400M
Change to netincome - - - 193.04M 67.13M
Capital expenditures 1391.45M 1870.41M 1525.46M 628.00M 429.50M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -969.06800M -1651.99900M -262.20600M 285.12M -886.74500M
Stock based compensation 24.41M 21.40M 55.34M 9.37M 8.81M
Other non cash items 820.45M 419.89M 310.26M 72.12M 83.56M
Free cash flow -1644.18700M -2755.73500M -840.84500M 288.63M -837.75400M

Peer Comparison

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
0.97 6.15% 16.73 - 21.51 0.15 0.32 1.29 12.16
FSLR
First Solar Inc
-3.86 1.42% 267.31 13.14 11.49 3.84 2.17 3.54 8.58
ENPH
Enphase Energy Inc
-0.34 0.62% 54.59 136.61 18.32 6.79 9.24 6.51 53.17
NXT
Nextracker Inc. Class A Common Stock
2.20 1.84% 121.88 16.44 12.44 2.71 15.50 2.46 15.56
XISHY
Xinyi Solar Holdings Limited
- -% 6.41 11.55 14.93 0.22 1.24 0.24 1.12

Reports Covered

Stock Research & News

Profile

Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the United States, Europe, and internationally. It operates through two segments, Manufacturing and Recurrent Energy. The Manufacturing Segment focuses on manufacturing and selling solar, battery energy storage and other power technology products, and CSI Solar. It also offers standard solar modules, battery storage solutions, solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction services, as well as operates battery energy storage projects. The Recurrent Energy Segment develops, builds, sells, and operates solar power and battery energy storage projects; operates solar power plants; and sells electricity and other services. This segment also provides power operation and maintenance services, including monitor, inspects, repair, and replace of plant equipment, and site management and administrative support services for solar projects, as well as asset management services. The company offers power plant level, commercial, household products, inverter, photovoltaic modules; and sells electricity and smart energy. It serves distributors, system integrators, project developers, installers, and EPC companies, as well as caters to utility companies, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial, or government end users primarily under its Canadian Solar brand name. The company sells its products under CSI, CS PowerTech, CSI Solar, Recurrent Energy, e-STORAGE, SolBank, KuBank, and EP Cube brand names. Canadian Solar Inc. was incorporated in 2001 and is based in Kitchener, Canada.

Canadian Solar Inc

4273 King Street East, Kitchener, ON, Canada, N2P 2E9

Key Executives

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

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