Canadian Solar Inc stock page - price, fundamentals, dividends - iOCharts

CSIQ

27.29
-0.96 (-3.40%)
Canadian Solar Inc (NASDAQ, USD)
Technology >
Solar
Market cap
1.64B
Ent value
5.88B
Price/Sales
0.47
Price/Book
0.83
Div yield
-
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
11.16
Forward P/E
8.58
PEG
0.56
EPS growth
-7.10%
1 year return
-50.41%
3 year return
14.50%
5 year return
16.66%
10 year return
22.76%
Last updated: 2022-01-19

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open27.96
Daily high28.39
Daily low27.25
Daily Volume1.24M
All-time high64.15
1y analyst estimate45.25
Beta1.47
EPS (TTM)2.43
Dividend per share-
Ex-div date-
Next earnings date11 Nov 2021

Downside potential

Loading...
Downside potential data
CSIQS&P500
Current price drop from All-time high-57.46%-4.44%
Highest price drop-96.02%-56.47%
Date of highest drop15 Nov 20129 Mar 2009
Avg drop from high-60.33%-11.36%
Avg time to new high137 days12 days
Max time to new high3151 days1805 days

BUSINESS INSIGHT

Module shipments (MW)

Loading...

Manufacturing Capacity (GW)

Loading...
Capacity comments

In 2016 a flood severely damaged one of the factories, hence the cell manufacturing capacity fallback

Segment Revenues ($M)

Loading...
Segment comments

The MSS (Module and System Solutions) business was the division that manufactured the solar modules, system kits, etc.

The Energy business was involved in project development, operation and maintenance and the ownership of working solar power plants

From 20Q4 the company has a new reporting structure. CSI Solar and Global Energy

CSI Solar contains the previous MSS business plus the new "Battery energy storage solutions" plus all of China Energy, which was previously reported under the Energy segment

The Energy business became Global Energy excluding all of the Chinese operations

The company listed the CSI Solar business on the Chinese stock market and owns 80% of it, as of 2020 December 31st

Total revenues differ from the summary of the two segments because of intra-company transactions

Segment gross profit and operating income ($M)

Loading...
Comments

Data prior to 20Q3 is for the MSS (Module and System Solutions) and for the Energy business lines

Data from 20Q3 is for the CSI Solar and Global Energy business lines

Segment gross margins (%)

Loading...
Margins comments

Data prior to 20Q3 is for the MSS (Module and System Solutions) and for the Energy business lines

Targeted Cumulative Projects Retained (MWp)

Loading...
Project retention comments

Total battery storage deployments (MWh)

Loading...
Storage comments

The company reports storage deployments separately for its CSI Solar and Global Energy segments. We summarized the two so the total company deployments are visible on this chart

Targeted project sales and Operational O&M projects (GWp)

Loading...

Geographic Revenues ($M)

Loading...

Total debt ($M)

Loading...
Debt comments

Borrowings for solar projects covers debt issued to finance the buildout of solar power plants.This means that for this debt, the power plants can be used as collateral

Borrowing for corporate/manufacturing is for operating expenses and to finance capital expenditures. This type of debt is riskier as if there is a downturn in business operations, the company needs to use its cash and other resources to pay this off

DIVIDENDS

CSIQ does not pay dividends

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E11.16
Price to OCF-
Price to FCF-
Price to EBITDA-
EV to EBITDA-

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales0.47
Price to Book0.83
EV to Sales1.69

FINANCIALS

Per share

Loading...
Per share data
Current share count60.00M
EPS (TTM)2.43
FCF per share (TTM)-

Income statement

Loading...
Income statement data
Revenue (TTM)3.48B
Gross profit (TTM)689.91M
Operating income (TTM)220.43M
Net income (TTM)146.70M
EPS (TTM)2.43
EPS (1y forward)3.18

Margins

Loading...
Margins data
Gross margin (TTM)19.85%
Operating margin (TTM)6.34%
Profit margin (TTM)4.22%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash814.19M
Net receivables821.91M
Total current assets4.36B
Goodwill0.00
Intangible assets91.45M
Property, plant and equipment1.59B
Total assets7.02B
Accounts payable1.58B
Short/Current long term debt2.96B
Total current liabilities3.87B
Total liabilities5.06B
Shareholder's equity1.96B
Net tangible assets1.56B

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)0.00
Capital expenditures (TTM)0.00
Free cash flow (TTM)0.00
Dividends paid (TTM)0.00

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity7.75%
Return on Assets2.24%
Return on Invested Capital5.73%
Cash Return on Invested Capital-
COMPANY DETAILS
CSIQ (Canadian Solar Inc) company logo
Marketcap
1.64B
Marketcap category
Small-cap
Description
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products. The company operates through two segments, Module and System Solutions (MSS), and Energy. The MSS segment engages in the design, development, manufacture, and sale of a range of solar power products, including standard solar modules, specialty solar products, and solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories. It also provides engineering, procurement, and construction; and operation and maintenance (O&M) services. This segment's energy solution products include solar inverters and energy storage systems for utility, commercial, residential, and specialty product applications. Its O&M services include inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar power projects. The Energy segment engages in the development and sale of solar power projects; and operation of solar power plants and sale of electricity. As of January 31, 2020, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 880.2 MWp. The company's primary customers include distributors, system integrators, project developers, and installers/EPC companies. Canadian Solar Inc. sells its products primarily under its Canadian Solar brand name; and on an OEM basis. It has operations in North America, South America, Europe, South Africa, the Middle East, Australia, Asia, and internationally. The company was founded in 2001 and is headquartered in Guelph, Canada.
Employees
12774
SEC filings
CEO
Xiaohua Qu
Country
USA
City
Guelph
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...
UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
All newsPress releases
First Solar (FSLR) secures an order for 1.2 gigawatts of First Solar's photovoltaic solar modules, thus strengthening its position as one of the most reliable suppliers of solar modules in the United ...
January 18, 2022
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Canadian Solar Inc...
January 18, 2022
The market has pretty low expectations for these stocks right now, and investors can benefit from that pessimism.
January 14, 2022
These are the alternative energy stocks with the best value, fastest growth, and most momentum for Q1 2022.
January 10, 2022
Canadian Solar's (CSIQ) arm clinches a purchase and sale agreement with Appalachian Power for its Firefly solar project in Virginia. The monetization of the project is set to boost its operational res...
January 7, 2022
Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent"), has completed a purchase and sale agreement with Appalachian Pow...
January 5, 2022
With Orsted A/S leading the pack, these are the 10 biggest renewable energy companies by 12-month trailing revenue.
December 27, 2021
Enphase Energy (ENPH) announces the completion of 365 Pronto's acquisition, which will help its installers service their own operations and maintenance.
December 24, 2021
Canadian Solar (CSIQ) completes the sale of its 635 megawatt-peak solar project to Brazil's VTRM, which is currently in the development stage. Its construction is estimated to start next year.
December 15, 2021
Enphase Energy(ENPH) strengthens its presence in Mexico with the launch of Enphase Installer Network, a system built to provide exceptional experiences utilizing Enphase products.
December 14, 2021
Next page