Canadian Solar Inc.

BMV:CSIQ N Stock Report

Market Cap: Mex$15.8b

Canadian Solar Past Earnings Performance

Past criteria checks 1/6

Canadian Solar has been growing earnings at an average annual rate of 0.1%, while the Semiconductor industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 18.9% per year. Canadian Solar's return on equity is 1.3%, and it has net margins of 0.01%.

Key information

0.1%

Earnings growth rate

-2.5%

EPS growth rate

Semiconductor Industry Growth12.9%
Revenue growth rate18.9%
Return on equity1.3%
Net Margin0.01%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Canadian Solar makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:CSIQ N Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,1741848122
30 Jun 246,51337826120
31 Mar 247,241203820118
31 Dec 237,614274804101
30 Sep 237,88335376390
30 Jun 237,96941081779
31 Mar 237,92031483674
31 Dec 227,46924084170
30 Sep 227,02618889969
30 Jun 226,32314581564
31 Mar 225,4388272259
31 Dec 215,2779570258
30 Sep 214,7897661149
30 Jun 214,4745053650
31 Mar 213,7405948448
31 Dec 203,47614743845
30 Sep 203,35620840845
30 Jun 203,20125740643
31 Mar 203,54129941844
31 Dec 193,20117240147
30 Sep 193,18221540452
30 Jun 193,19022439251
31 Mar 192,80417737848
31 Dec 183,74523738044
30 Sep 183,95218737437
30 Jun 184,09613437334
31 Mar 184,13815636933
31 Dec 173,39010037529
30 Sep 172,9502536023
30 Jun 172,6952734221
31 Mar 172,8092934519
31 Dec 162,8536532617
30 Sep 163,30514130519
30 Jun 163,49715631118
31 Mar 163,32813327718
31 Dec 153,46817229017
30 Sep 153,30418528116
30 Jun 153,36825924615
31 Mar 153,35529722913
31 Dec 142,96124020512
30 Sep 142,52418518812
30 Jun 142,10010820812
31 Mar 141,8574019412
31 Dec 131,6543216512

Quality Earnings: CSIQ N has a high level of non-cash earnings.

Growing Profit Margin: CSIQ N's current net profit margins (0.01%) are lower than last year (4.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CSIQ N's earnings have grown by 0.1% per year over the past 5 years.

Accelerating Growth: CSIQ N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CSIQ N had negative earnings growth (-99.8%) over the past year, making it difficult to compare to the Semiconductor industry average (4.1%).

Return on Equity

High ROE: CSIQ N's Return on Equity (1.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 21:49
End of Day Share Price 2024/11/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Canadian Solar Inc. is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James FontanelliArete Research Services LLP
Vishal ShahBarclays
Wayne T. ChangBrean Capital