CSI Solar Past Earnings Performance
Past criteria checks 1/6
CSI Solar has been growing earnings at an average annual rate of 14.2%, while the Semiconductor industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 16.6% per year. CSI Solar's return on equity is 8.7%, and it has net margins of 4.4%.
Key information
14.2%
Earnings growth rate
13.9%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 16.6% |
| Return on equity | 8.7% |
| Net Margin | 4.4% |
| Last Earnings Update | 30 Sep 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 Sep 24 | 46,369 | 2,018 | 2,786 | 832 |
| 30 Jun 24 | 47,163 | 2,220 | 2,736 | 816 |
| 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 | 3,747 | 2,471 | 620 |
| 30 Jun 23 | 53,822 | 3,624 | 2,398 | 530 |
| 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 high level of non-cash earnings.
Growing Profit Margin: 688472's current net profit margins (4.4%) are lower than last year (7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688472's earnings have grown by 14.2% 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 (-46.1%) over the past year, making it difficult to compare to the Semiconductor industry average (12.1%).
Return on Equity
High ROE: 688472's Return on Equity (8.7%) is considered low.