- Ticker
- CSIQ
- Price
- 16.00
- Stock movement up
- +0.21 (1.33%)
- Company name
- Canadian Solar Inc
- Exchange
- (NASDAQ ,
- Currency
- USD )
- Sector
- Technology >Solar
- Market cap
- 1.06B
- Ent value
- 6.31B
- Price/Sales
- 0.15
- Price/Book
- 0.29
- Div yield
- -
- Div growth
- -
- Growth years
- -
- FCF payout
- -
- Trailing P/E
- 5.22
- Forward P/E
- 3.59
- PEG
- 0.26
- EPS growth
- -0.04%
- 1 year return
- -57.46%
- 3 year return
- -24.88%
- 5 year return
- -5.05%
- 10 year return
- -5.73%
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
BUSINESS INSIGHT
Module shipments (MW)
Manufacturing Capacity (GW)
In 2016 a flood severely damaged one of the factories, hence the cell manufacturing capacity fallback
Segment Revenues ($M)
The MSS (Module and System Solutions) business was the division that manufactured the solar modules, system kits, etc.
The Energy business was involved in project development, operation and maintenance and the ownership of working solar power plants
From 20Q4 the company has a new reporting structure. CSI Solar and Global Energy
CSI Solar contains the previous MSS business plus the new "Battery energy storage solutions" plus all of China Energy, which was previously reported under the Energy segment
The Energy business became Global Energy excluding all of the Chinese operations
The company listed the CSI Solar business on the Chinese stock market and owns 80% of it, as of 2020 December 31st
Total revenues differ from the summary of the two segments because of intra-company transactions
Segment gross profit and operating income ($M)
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
The company did not report per segment operating income prior to 18Q4, so the annual results prior to 2019 are in fact missing and are not zero
Segment gross margins (%)
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
Targeted Cumulative Projects Retained (MWp)
Targeted project sales and Operational O&M projects (GWp)
Geographic Revenues ($M)
Total debt ($M)
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
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
DIVIDENDS
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
VALUATION
Valuation Ratios
| Trailing P/E | 5.22 |
| Price to OCF | 3.05 |
| Price to FCF | - |
| Price to EBITDA | 1.73 |
| EV to EBITDA | 10.30 |
Valuation (Sales/Book Value)
| Price to Sales | 0.15 |
| Price to Book | 0.29 |
| EV to Sales | 0.87 |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
FINANCIALS
Per share
| Current share count | 66.17M |
| EPS (TTM) | 3.07 |
| FCF per share (TTM) | -19.32 |
Income statement
| Revenue (TTM) | 7.24B |
| Gross profit (TTM) | 1.21B |
| Operating income (TTM) | 322.33M |
| Net income (TTM) | 202.83M |
| EPS (TTM) | 3.07 |
| EPS (1y forward) | 4.46 |
Margins
| Gross margin (TTM) | 16.77% |
| Operating margin (TTM) | 4.45% |
| Profit margin (TTM) | 2.80% |
Balance Sheet
| Cash | 2.94B |
| Net receivables | 1.21B |
| Total current assets | 5.81B |
| Goodwill | 0.00 |
| Intangible assets | 19.73M |
| Property, plant and equipment | 4.45B |
| Total assets | 11.90B |
| Accounts payable | 813.68M |
| Short/Current long term debt | 4.48B |
| Total current liabilities | 5.86B |
| Total liabilities | 8.19B |
| Shareholder's equity | 3.71B |
| Net tangible assets | 0.00 |
Cash flow
| Operating cash flow (TTM) | 347.04M |
| Capital expenditures (TTM) | 1.62B |
| Free cash flow (TTM) | -1.28B |
| Dividends paid (TTM) | 0.00 |
Financial returns
| Return on Equity | 5.47% |
| Return on Assets | 1.71% |
| Return on Invested Capital | 2.42% |
| Cash Return on Invested Capital | -15.23% |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
STOCK INFORMATION
Stock chart
| Open | 16.32 |
| Daily high | 16.44 |
| Daily low | 15.87 |
| Daily Volume | 845K |
| All-time high | 64.15 |
| 1y analyst estimate | 25.06 |
| Beta | 1.34 |
| EPS (TTM) | 3.07 |
| Dividend per share | - |
| Ex-div date | - |
| Next earnings date | - |
Downside potential
| CSIQ | S&P500 | |
| Current price drop from All-time high | -75.06% | -1.81% |
| Highest price drop | -96.02% | -56.47% |
| Date of highest drop | 15 Nov 2012 | 9 Mar 2009 |
| Avg drop from high | -59.33% | -11.26% |
| Avg time to new high | 159 days | 12 days |
| Max time to new high | 3151 days | 1805 days |
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner
iO Charts is a Seeking Alpha partner