How does 688472's PE Ratio compare to its peers?

688472 is good value based on its Price-To-Earnings Ratio (22.8x) compared to the peer average (76.1x).

How does 688472's PE Ratio compare vs other companies in the CN Semiconductor Industry?

688472 is good value based on its Price-To-Earnings Ratio (22.8x) compared to the CN Semiconductor industry average (67.8x).

What is 688472's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 688472's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 688472 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

688472 (CN¥12.49) is trading above our estimate of [[fair value]] (CN¥0.8)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

688472 Stock Overview

Provides solar photovoltaic products and energy solutions in China and internationally. More details

688472 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (22.8x) is below the CN market (36.6x)

Earnings are forecast to grow 25.88% per year

Analysts in good agreement that stock price will rise by 50.2%

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months compared to the CN market

Dividend of 0.96% is not well covered by free cash flows

Profit margins (4.4%) are lower than last year (7%)

My Notes

Capture your thoughts, links and company narrative

CSI Solar Co., Ltd. Competitors

Tongfu MicroelectronicsLtd

SZSE:002156

CN¥45.8b

Nexchip Semiconductor

SHSE:688249

CN¥49.3b

SG Micro

SZSE:300661

CN¥42.4b

Unigroup Guoxin Microelectronics

SZSE:002049

CN¥58.1b

Price History & Performance

Summary of share price highs, lows and changes for CSI Solar
Historical stock prices
Current Share Price	CN¥12.49
52 Week High	CN¥16.69
52 Week Low	CN¥8.84
Beta	0
1 Month Change	-0.08%
3 Month Change	14.59%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	37.25%

Recent updates

Shareholder Returns

	688472	CN Semiconductor	CN Market
7D	-7.8%	2.6%	-1.2%
1Y	n/a	16.8%	11.8%

Return vs Industry: Insufficient data to determine how 688472 performed against the CN Semiconductor industry.

Return vs Market: Insufficient data to determine how 688472 performed against the CN Market.

Price Volatility

Is 688472's price volatile compared to industry and market?
688472 volatility
688472 Average Weekly Movement	10.9%
Semiconductor Industry Average Movement	11.7%
Market Average Movement	8.7%
10% most volatile stocks in CN Market	12.8%
10% least volatile stocks in CN Market	5.7%

Stable Share Price: 688472's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: Insufficient data to determine 688472's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2009	18,906	Yan Zhuang	cn.csisolar.com

CSI Solar Co., Ltd. provides solar photovoltaic products and energy solutions in China and internationally. It offers photovoltaic modules; distributed industrial and commercial, and household photovoltaic power generation systems; power station-level photovoltaic power generation products; energy storage systems; and inverters. The company engages in the power sales business; energy efficiency management, power operation and maintenance, micro-grid, contract energy management, corporate electricity consulting, and energy solution business.

CSI Solar Co., Ltd. Fundamentals Summary

How do CSI Solar's earnings and revenue compare to its market cap?
688472 fundamental statistics
Market cap	CN¥46.07b
Earnings (TTM)	CN¥2.02b
Revenue (TTM)	CN¥46.37b

22.8x

P/E Ratio

1.0x

P/S Ratio

Is 688472 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688472 income statement (TTM)
Revenue	CN¥46.37b
Cost of Revenue	CN¥40.51b
Gross Profit	CN¥5.86b
Other Expenses	CN¥3.84b
Earnings	CN¥2.02b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.55
Gross Margin	12.64%
Net Profit Margin	4.35%
Debt/Equity Ratio	74.6%

How did 688472 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

22%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 10:17
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CSI Solar Co., Ltd. is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Xianfan Chen	China International Capital Corporation Limited
Yufei Miao	China International Capital Corporation Limited
Pengwei Hua	Citic Securities Co., Ltd.

CSI Solar XSSC:688472 Stock Report