Canadian Solar Past Earnings Performance
Past criteria checks 1/6
Canadian Solar has been growing earnings at an average annual rate of 9.1%, while the Semiconductor industry saw earnings growing at 31.2% annually. Revenues have been growing at an average rate of 23% per year. Canadian Solar's return on equity is 7.9%, and it has net margins of 2.8%.
Key information
9.1%
Earnings growth rate
6.2%
EPS growth rate
Semiconductor Industry Growth | 27.7% |
Revenue growth rate | 23.0% |
Return on equity | 7.9% |
Net Margin | 2.8% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Canadian Solar: Risky, But Huge Potential Upside
May 29The Market Lifts Canadian Solar Inc. (NASDAQ:CSIQ) Shares 26% But It Can Do More
May 29Canadian Solar: Rising Chinese Production Pushes Global Market Into Glut
May 14Canadian Solar Inc. (NASDAQ:CSIQ) Analysts Just Slashed This Year's Estimates
May 12Returns On Capital At Canadian Solar (NASDAQ:CSIQ) Paint A Concerning Picture
Apr 30Canadian Solar: Overstated Tariff Fears Offer Excellent Pay-Off
Apr 24Impressive Earnings May Not Tell The Whole Story For Canadian Solar (NASDAQ:CSIQ)
Mar 21At US$19.66, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?
Mar 06Canadian Solar: An Undervalued Canadian Company With International Operations
Feb 23Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth US$22.1 Based On Its Intrinsic Value?
Feb 09Canadian Solar: Too Cheap To Ignore
Jan 25Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Oct 04Canadian Solar (NASDAQ:CSIQ) May Have Issues Allocating Its Capital
Aug 12An Intrinsic Calculation For Canadian Solar Inc. (NASDAQ:CSIQ) Suggests It's 27% Undervalued
Jul 13Is It Too Late To Consider Buying Canadian Solar Inc. (NASDAQ:CSIQ)?
Jun 12Canadian Solar's (NASDAQ:CSIQ) Returns Have Hit A Wall
May 12Why Canadian Solar Inc. (NASDAQ:CSIQ) Could Be Worth Watching
Jan 26Canadian Solar (NASDAQ:CSIQ) Is Looking To Continue Growing Its Returns On Capital
Jan 05Is There Now An Opportunity In Canadian Solar Inc. (NASDAQ:CSIQ)?
Oct 16Canadian Solar (NASDAQ:CSIQ) Might Have The Makings Of A Multi-Bagger
Sep 25Canadian Solar: Outstanding Quarter With A $369 Billion Biden Tailwind
Aug 24Canadian Solar Q2 2022 Earnings Preview
Aug 17Canadian Solar: Solid Valuation Ahead Of Q2 Results
Aug 07At US$29.31, Is Canadian Solar Inc. (NASDAQ:CSIQ) Worth Looking At Closely?
Jul 14We Like These Underlying Return On Capital Trends At Canadian Solar (NASDAQ:CSIQ)
Jun 26Canadian Solar: Underappreciated Solar Opportunity?
Apr 12Should You Think About Buying Canadian Solar Inc. (NASDAQ:CSIQ) Now?
Apr 11Canadian Solar (NASDAQ:CSIQ) Shareholders Will Want The ROCE Trajectory To Continue
Mar 21Estimating The Fair Value Of Canadian Solar Inc. (NASDAQ:CSIQ)
Feb 06Canadian Solar Is Ready To Gain Back Margins
Jan 26Revenue & Expenses Breakdown
How Canadian 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 |
---|---|---|---|---|
31 Mar 24 | 7,241 | 203 | 820 | 118 |
31 Dec 23 | 7,614 | 274 | 804 | 101 |
30 Sep 23 | 7,883 | 353 | 763 | 90 |
30 Jun 23 | 7,969 | 410 | 817 | 79 |
31 Mar 23 | 7,920 | 314 | 836 | 74 |
31 Dec 22 | 7,469 | 240 | 841 | 70 |
30 Sep 22 | 7,026 | 188 | 899 | 69 |
30 Jun 22 | 6,323 | 145 | 815 | 64 |
31 Mar 22 | 5,438 | 82 | 722 | 59 |
31 Dec 21 | 5,277 | 95 | 702 | 58 |
30 Sep 21 | 4,789 | 76 | 611 | 49 |
30 Jun 21 | 4,474 | 50 | 536 | 50 |
31 Mar 21 | 3,740 | 59 | 484 | 48 |
31 Dec 20 | 3,476 | 147 | 438 | 45 |
30 Sep 20 | 3,356 | 208 | 408 | 45 |
30 Jun 20 | 3,201 | 257 | 406 | 43 |
31 Mar 20 | 3,541 | 299 | 418 | 44 |
31 Dec 19 | 3,201 | 172 | 401 | 47 |
30 Sep 19 | 3,182 | 215 | 404 | 52 |
30 Jun 19 | 3,190 | 224 | 392 | 51 |
31 Mar 19 | 2,804 | 177 | 378 | 48 |
31 Dec 18 | 3,745 | 237 | 380 | 44 |
30 Sep 18 | 3,952 | 187 | 374 | 37 |
30 Jun 18 | 4,096 | 134 | 373 | 34 |
31 Mar 18 | 4,138 | 156 | 369 | 33 |
31 Dec 17 | 3,390 | 100 | 375 | 29 |
30 Sep 17 | 2,950 | 25 | 360 | 23 |
30 Jun 17 | 2,695 | 27 | 342 | 21 |
31 Mar 17 | 2,809 | 29 | 345 | 19 |
31 Dec 16 | 2,853 | 65 | 326 | 17 |
30 Sep 16 | 3,305 | 141 | 305 | 19 |
30 Jun 16 | 3,497 | 156 | 311 | 18 |
31 Mar 16 | 3,328 | 133 | 277 | 18 |
31 Dec 15 | 3,468 | 172 | 290 | 17 |
30 Sep 15 | 3,304 | 185 | 281 | 16 |
30 Jun 15 | 3,368 | 259 | 246 | 15 |
31 Mar 15 | 3,355 | 297 | 229 | 13 |
31 Dec 14 | 2,961 | 240 | 205 | 12 |
30 Sep 14 | 2,524 | 185 | 188 | 12 |
30 Jun 14 | 2,100 | 108 | 208 | 12 |
31 Mar 14 | 1,857 | 40 | 194 | 12 |
31 Dec 13 | 1,654 | 32 | 165 | 12 |
30 Sep 13 | 1,430 | -94 | 183 | 12 |
30 Jun 13 | 1,265 | -166 | 150 | 12 |
Quality Earnings: CSIQ has a high level of non-cash earnings.
Growing Profit Margin: CSIQ's current net profit margins (2.8%) are lower than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CSIQ's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: CSIQ'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 had negative earnings growth (-35.5%) over the past year, making it difficult to compare to the Semiconductor industry average (-12.4%).
Return on Equity
High ROE: CSIQ's Return on Equity (7.9%) is considered low.