Canadian Solar Inc.

9.28
1.42 (18.07%)
At close: Apr 24, 2025, 3:59 PM
9.00
-3.02%
Pre-market: Apr 25, 2025, 06:14 AM EDT

Canadian Solar Statistics

Share Statistics

Canadian Solar has 66.17M shares outstanding. The number of shares has increased by 0% in one year.

Shares Outstanding 66.17M
Shares Change (YoY) 0%
Shares Change (QoQ) 0%
Owned by Institutions (%) 46.75%
Shares Floating 47.03M
Failed to Deliver (FTD) Shares 15.51K
FTD / Avg. Volume 0.82%

Short Selling Information

The latest short interest is 11.27M, so 17.03% of the outstanding shares have been sold short.

Short Interest 11.27M
Short % of Shares Out 17.03%
Short % of Float 21.61%
Short Ratio (days to cover) 5.63

Valuation Ratios

The PE ratio is 6.25 and the forward PE ratio is 4.29. Canadian Solar's PEG ratio is 0.43.

PE Ratio 6.25
Forward PE 4.29
PS Ratio 0.23
Forward PS 0.1
PB Ratio 0.67
P/FCF Ratio -2.04
PEG Ratio 0.43
Financial Ratio History

Enterprise Valuation

Canadian Solar has an Enterprise Value (EV) of 4.25B.

EV / Sales 0.56
EV / EBITDA 5.12
EV / EBIT 6.21
EV / FCF -5.06

Financial Position

The company has a current ratio of 1.04, with a Debt / Equity ratio of 1.75.

Current Ratio 1.04
Quick Ratio 0.84
Debt / Equity 1.75
Debt / EBITDA 5.39
Debt / FCF -5.32
Interest Coverage 3.97

Financial Efficiency

Return on Equity is 10.71% and Return on Invested Capital is 4.3%.

Return on Equity 10.71%
Return on Assets 2.3%
Return on Invested Capital 4.3%
Revenue Per Employee $342.43K
Profits Per Employee $12.33K
Employee Count 22,234
Asset Turnover 0.64
Inventory Turnover 5.37

Taxes

Income Tax 59.5M
Effective Tax Rate 14.56%

Stock Price Statistics

The stock price has increased by -36% in the last 52 weeks. The beta is 1.33, so Canadian Solar's price volatility has been higher than the market average.

Beta 1.33
52-Week Price Change -36%
50-Day Moving Average 9.36
200-Day Moving Average 12.25
Relative Strength Index (RSI) 57.36
Average Volume (20 Days) 1.9M

Income Statement

In the last 12 months, Canadian Solar had revenue of 7.61B and earned 274.19M in profits. Earnings per share was 4.27.

Revenue 7.61B
Gross Profit 1.28B
Operating Income 453.32M
Net Income 274.19M
EBITDA 829.66M
EBIT 522.62M
Earnings Per Share (EPS) 4.27
Full Income Statement

Balance Sheet

The company has 1.94B in cash and 4.48B in debt, giving a net cash position of -2.54B.

Cash & Cash Equivalents 1.94B
Total Debt 4.48B
Net Cash -2.54B
Retained Earnings 1.55B
Total Assets 13.78B
Working Capital 369.06M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 684.62M and capital expenditures -1.53B, giving a free cash flow of -840.85M.

Operating Cash Flow 684.62M
Capital Expenditures -1.53B
Free Cash Flow -840.85M
FCF Per Share -12.86
Full Cash Flow Statement

Margins

Gross margin is 16.81%, with operating and profit margins of 5.95% and 3.6%.

Gross Margin 16.81%
Operating Margin 5.95%
Pretax Margin 5.37%
Profit Margin 3.6%
EBITDA Margin 10.9%
EBIT Margin 5.95%
FCF Margin -11.04%

Dividends & Yields

CSIQ does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield 15.99%
FCF Yield -49.03%
Dividend Details

Analyst Forecast

The average price target for CSIQ is $14.15, which is 52.5% higher than the current price. The consensus rating is "Hold".

Price Target $14.15
Price Target Difference 52.5%
Analyst Consensus Hold
Analyst Count 10
Stock Forecasts

Scores

Altman Z-Score 0.61
Piotroski F-Score 3