CSI Solar Past Earnings Performance
Past criteria checks 1/6
CSI Solar has been growing earnings at an average annual rate of 17.4%, while the Semiconductor industry saw earnings growing at 17.4% annually. Revenues have been declining at an average rate of 12.4% per year. CSI Solar's return on equity is 10.1%, and it has net margins of 4.7%.
Key information
17.4%
Earnings growth rate
20.0%
EPS growth rate
Semiconductor Industry Growth | 27.3% |
Revenue growth rate | -12.4% |
Return on equity | 10.1% |
Net Margin | 4.7% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How CSI Solar makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 47,163 | 2,220 | 2,602 | 827 |
31 Mar 24 | 49,076 | 2,564 | 2,738 | 802 |
31 Dec 23 | 51,310 | 2,903 | 2,648 | 679 |
30 Sep 23 | 53,234 | 3,746 | 2,650 | 625 |
30 Jun 23 | 53,822 | 3,624 | 2,525 | 535 |
31 Mar 23 | 51,656 | 3,004 | 2,405 | 492 |
31 Dec 22 | 47,536 | 2,157 | 2,287 | 456 |
31 Dec 21 | 28,010 | 35 | 2,045 | 368 |
31 Dec 20 | 23,279 | 1,613 | 1,768 | 307 |
31 Dec 19 | 21,680 | 1,753 | 2,568 | 309 |
31 Dec 18 | 24,438 | 1,922 | 2,290 | 287 |
Quality Earnings: 688472 has a large one-off loss of CN¥984.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 688472's current net profit margins (4.7%) are lower than last year (6.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688472's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: 688472's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688472 had negative earnings growth (-38.7%) over the past year, making it difficult to compare to the Semiconductor industry average (0.3%).
Return on Equity
High ROE: 688472's Return on Equity (10.1%) is considered low.