
Canadian Solar Inc.
NASDAQ•CSIQ
CEO: Dr. Xiaohua Qu Ph.D.
セクター: Energy
業種: Solar
上場日: 2006-11-09
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions; solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery storage projects; and operation of solar power plants; and sale of electricity. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. It has a fleet of solar and battery energy storage plants in operation with an aggregate capacity of approximately 1,005 MWp and 600 MWh. It serves distributors, system integrators, project developers, and installers/EPC companies, as well as utility companies or grid operators, public utilities, licensed suppliers, corporate offtakers, and commercial, industrial or government end users. It sells its products primarily under its Canadian Solar brand name. Canadian Solar Inc. was incorporated in 2001 and is based in Guelph, Canada.
連絡先情報
時価総額
$1.30B
PER (TTM)
81.4
17.5
配当利回り
--
52週高値
$34.59
52週安値
$6.57
52週レンジ
順位48Top 64.4%
3.3
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
弱い • 3.3 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025
財務ダッシュボード
Q3 2025 データ
売上高
$1.49B-1.34%
直近4四半期の推移
EPS
$0.13-161.91%
直近4四半期の推移
フリーCF
-$406.51M-43.19%
直近4四半期の推移
2024 Annual 決算ハイライト
主なハイライト
Battery Storage Revenue Surge Battery energy storage revenue reached $814.6M in 2024, reflecting shipment volume growth exceeding 500% year-over-year.
CSI Solar Profit Improvement CSI Solar segment gross profit grew to $1.19B in 2024, driven by manufacturing cost reductions despite overall revenue decline.
Total Revenue Decline Total net revenues were $5.99B in 2024, a decrease of 21.3% from $7.61B reported in 2023.
IPP Transition Investment Secured $500.0M investment for Recurrent Energy, advancing transition to long-term asset ownership model.
リスク要因
PRC Regulatory Oversight Risks Uncertainty remains regarding PRC government control over overseas offerings and evolving data security compliance requirements.
Module Pricing Pressure Oversupply caused solar module ASP to drop to $0.16 per watt in 2024, intensifying competition and compressing margins.
Negative Operating Cash Flow Net cash used in operating activities totaled $(885.3M) in 2024, reflecting higher working capital needs for manufacturing expansion.
US Trade Action Exposure Ongoing AD/CVD investigations (Solar 3, Active Anode Materials) and new IEEPA tariffs threaten U.S. export competitiveness.
見通し
Shift to Recurring Revenue Continuing transition to long-term owner/operator model, aiming to increase recurring revenues from operating portfolio assets.
Manufacturing Capacity Expansion Targeting solar module capacity adjustment to 61.0 GW by end of 2025, expanding BESS capacity to 30.0 GWh.
Technology Innovation Focus R&D efforts concentrated on high-efficiency N-type TOPCon, HJT, and IBC cell technologies for competitive advantage.
Recurrent Energy Pipeline Recurrent Energy maintains a 24.9 GWp solar development pipeline across global markets as of December 31, 2024.
同業比較
売上高 (TTM)
$37.63B
CSIQ$5.90B
$2.52B
粗利益率 (最新四半期)
54.7%
LPG51.2%
SHLS37.0%
主要指標
銘柄コード | 時価総額 | PER (TTM) | ROE (TTM) | 負債比率 |
|---|---|---|---|---|
| EFXT | $2.32B | 21.2 | 12.4% | 25.3% |
| SEDG | $2.12B | -3.5 | -104.4% | 18.6% |
| NESR | $2.10B | 29.8 | 7.5% | 19.7% |
長期トレンド
直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
-0.7%
横ばい
4四半期純利益CAGR
-35.8%
収益性の低下
キャッシュフロー安定性
50%
キャッシュフローに注意が必要
深度リサーチ
次回決算:2026年3月24日
EPS:-$1.10
|売上高:-
財務レポート
財務データ
全年度
Form 20-F - FY 2024
会計期末: 2024年12月31日|提出日: 2025年4月30日|売上高: $5.99B-21.3%|EPS: $0.54-87.4%予想を上回るForm 20-F - FY 2023
会計期末: 2023年12月31日|提出日: 2024年4月26日|売上高: $7.61B+1.9%|EPS: $4.27+14.5%予想を上回るForm 20-F - FY 2022
会計期末: 2022年12月31日|提出日: 2023年4月18日|売上高: $7.47B+41.5%|EPS: $3.73+140.6%予想を上回るForm 20-F/A - FY 2021
会計期末: 2021年12月31日|提出日: 2022年10月18日|売上高: $5.28B+51.8%|EPS: $1.55-37.0%予想を上回るForm 20-F - FY 2021
会計期末: 2021年12月31日|提出日: 2022年4月28日|修正版データを参照Form 20-F - FY 2020
会計期末: 2020年12月31日|提出日: 2021年4月19日|売上高: $3.48B+8.6%|EPS: $2.46-14.6%予想を上回る