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CSI Solar Co. Ltd. A

CSI Solar Co. Ltd. A

688472 · SHG · Technology / Solar

8.14CNY-0.28 (-3.33%)

Price History

Full chart

Market Stats

Previous Close8.42
Open8.40
Day Range8.11 – 8.45
52-Week Range8.08 – 24.02
Volume39.79M
Market Cap30.68B
P/E (TTM)52.63
Forward P/E8.61
EPS0.16
Dividend Yield1.17%
Beta0.67
50-Day Avg9.46
200-Day Avg12.71

About

CSI Solar Co., Ltd. designs, processes, produces, and sells solar modules and photovoltaic systems in China and internationally. It operates through three segments: Components Business, Energy Business, and Energy Storage Business segments. The company offers crystalline silicon photovoltaic modules, solar system kits, inverters, and solar energy and battery energy storage systems, as well as components, silicon rods, batteries, and battery cells. It also engages in solar power and battery energy storage projects; and construction of solar power plants. In addition, the company provides engineering, procurement, and construction services. It serves the utility, commercial, residential, and industrial sectors. The company was founded in 2009 and is headquartered in Suzhou, China. CSI Solar Co., Ltd. is a subsidiary of Canadian Solar Inc.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Yan Zhuang
  • Employees8.18K
  • HeadquartersNo. 199 Lushan Road, Suzhou, China, 215129, China
  • Websitehttps://cn.csisolar.com

Leadership

  • Mr. Yan ZhuangGM, CEO & Director · b. 1963
  • Mr. Nai Hong PanVP, CFO & Director · b. 1975
  • Mr. Guangchun ZhangVP, GM of Energy Storage Technology, Core Technical Personnel & Director · b. 1957
  • Ms. Han Bing ZhangVP & Chief Sustainability Officer · b. 1958
  • Mr. Xiaoming XuBoard Secretary · b. 1983

Financials

Income Statement

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue28.01B47.54B51.31B46.17B40.26B
Growth (%)-+69.71%+7.94%-10.03%-12.80%
Cost of Revenue25.42B42.11B44.29B39.24B36.08B
Gross Profit28.01B5.42B7.02B6.92B4.17B
Gross Margin100.00%11.41%13.69%15.00%10.37%
Operating Expense02.48B2.74B2.60B1.43B
Operating Income28.01B2.95B4.28B4.32B2.74B
Operating Margin100.00%6.20%8.35%9.37%6.81%
EBITDA-4.56B5.81B6.48B5.62B
EBITDA Margin-9.59%11.33%14.03%13.97%
Net Income34.98M2.16B2.90B2.25B1.02B
Net Income Margin0.12%4.54%5.66%4.87%2.52%
R&D373.40M466.85M704.06M856.65M650.65M
R&D as % of Total Revenue1.33%0.98%1.37%1.86%1.62%
Interest Expense260.73M364.29M449.52M486.34M800.05M
Interest Expense % of Total Revenue0.93%0.77%0.88%1.05%1.99%

Balance Sheet

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets34.12B48.30B65.78B65.36B64.38B
Total Liabilities24.65B36.56B44.30B42.48B40.98B
Total Equity011.66B21.42B22.90B23.39B
Cash7.26B11.94B18.95B11.69B11.47B
Net Debt461.30M--2.64B2.12B

Cash Flow

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.66B5.66B8.23B2.43B7.08B
Capital Expenditure2.84B4.22B8.20B7.87B6.81B
Free Cash Flow-1.66B1.44B30.52M-5.44B263.36M
Dividends Paid157.41M359.23M440.93M831.42M870.46M
FCF to OCF100.00%25.43%0.37%-223.76%3.72%
Dividend Paid to FCF-9.45%24.95%1444.54%-15.29%330.52%

Earnings

Report DateOct 30, 2023Feb 28, 2024Apr 26, 2024Aug 22, 2024Oct 29, 2024Feb 27, 2025Apr 28, 2025Aug 21, 2025Oct 30, 2025Feb 27, 2026Apr 27, 2026Aug 27, 2026
EPS Estimate0.270.150.150.190.150.140.060.120.100.110.110.11
EPS Actual0.230.020.150.180.180.100.020.210.070.01-0.04-0.16
Surprise-14.81%-86.67%0.00%-5.26%20.00%-28.57%-66.67%75.00%-30.00%-90.91%-136.36%-245.45%
TimingPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap30.68B
Enterprise Value38.42B
Trailing P/E52.63
Forward P/E8.61
PEG Ratio0.19
Price / Sales0.96
Price / Book1.37
EPS0.16
Book Value6.32
Revenue (TTM)31.99B
Gross Profit (TTM)2.96B
EBITDA4.00B
Profit Margin1.83%
Operating Margin-7.41%
Return on Equity2.74%
Return on Assets1.02%
Shares Outstanding3.64B
Shares Float1.21B
Beta0.67
Dividend Yield1.17%
Dividend Rate0.10
Payout Ratio58.38%

Dividends

20261×
0.10Jul 15, 2026
20251×
0.09Jul 8, 2025
20241×
0.12Jul 25, 2024