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Market Price

14.20 

0.49 3.6%

as of Nov 15 '18

52 Week Range:

11.38 18.52


Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company operates through two segments, Module and System Solutions, and Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products consisting of Andes Solar Home System, an off-grid solar system that provides an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, as well as solar system kits, which are a ready-to-install packages that consist inverters, racking systems, and other accessories. In addition, it develops, builds, and sells solar power projects; performs engineering, procurement, and construction (EPC) work for solar power projects; and offers operation and maintenance services that include inspection, repair, and replacement of plant equipment, site management, and administrative support services. Further, the company generates and sells electricity through its solar plants with an aggregate capacity of approximately 1,211.1 megawatts. Canadian Solar Inc. offers its products to distributors, system integrators, project developers, and installers/EPC companies. The company has operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia. Canadian Solar Inc. was founded in 2001 and is based in Guelph, Canada.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement



 

Cash Flow Statement



 

Balance Sheet



 

Liquidity Ratios

Current Ratio


 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio


 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage


 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA


 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE


 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC


 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Equity (BVPS) 4.62
9.29
10.90
12.46
11.98
6.73
5.44
11.78
13.99
15.99
16.51
growth rate 101.1% 17.3% 14.3% -3.9% -43.8% -19.2% 116.5% 18.8% 14.3% 3.3%
Earnings BIT -0.39
0.53
21.48
67.58
-74.36
-147.30
102.50
369.37
276.96
76.12
249.86
growth rate 100.0% 3,969.0% 214.6% -100.0% 0.0% 100.0% 260.4% -25.0% -72.5% 228.3%
Avg.PE -1,778.40
-95.60
48.08
10.71
-3.90
47.39
8.85
5.96
11.96
9.09
growth rate 0.0% 100.0% -77.7% -100.0% 100.0% -81.3% -32.7% 100.7% -24.0%
ROA -0.10
-2.20
2.81
4.11
-5.50
-9.44
1.34
8.67
4.59
1.33
1.76
growth rate 0.0% 100.0% 46.3% -100.0% 0.0% 100.0% 547.0% -47.1% -71.0% 32.3%
ROE -0.18
-4.10
5.68
10.11
-18.16
-51.65
9.29
43.26
22.38
7.66
10.39
growth rate 0.0% 100.0% 78.0% -100.0% 0.0% 100.0% 365.7% -48.3% -65.8% 35.6%
ROIC -0.09
-1.05
3.99
6.18
-4.89
-10.35
3.74
14.01
7.55
3.34
4.33
growth rate 0.0% 100.0% 54.9% -100.0% 0.0% 100.0% 274.6% -46.1% -55.8% 29.6%
Cur. Ratio 3.71
1.96
1.46
1.33
1.05
0.94
0.97
1.19
0.85
1.02
0.99
growth rate -47.2% -25.5% -8.9% -21.1% -10.5% 3.2% 22.7% -28.6% 20.0% -2.9%
Quick Ratio 1.83
1.06
0.68
0.65
0.62
0.28
0.31
0.50
0.43
0.27
0.25
growth rate -42.1% -35.9% -4.4% -4.6% -54.8% 10.7% 61.3% -14.0% -37.2% -7.4%
Leverage 2.25
1.72
2.23
2.66
4.03
7.77
6.28
4.29
5.39
6.11
5.71
growth rate -23.6% 29.7% 19.3% 51.5% 92.8% -19.2% -31.7% 25.6% 13.4% -6.6%
Balance Sheet Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Acct.Receivable 58.64
51.60
151.50
169.70
391.67
254.90
294.60
416.48
582.81
476.95
479.96
growth rate -12.0% 193.6% 12.0% 130.8% -34.9% 15.6% 41.4% 39.9% -18.2% 0.6%
Acct.Payable 242.65
340.30
280.80
800.99
985.76
736.78
980.69
growth rate 40.2% -17.5% 185.3% 23.1% -25.3% 33.1%
Cur.Assets 219.90
339.00
754.00
1,034.70
1,295.58
1,442.20
1,719.40
2,315.89
2,264.09
3,790.76
4,085.30
growth rate 54.2% 122.4% 37.2% 25.2% 11.3% 19.2% 34.7% -2.2% 67.4% 7.8%
Total Assets 284.50
570.70
1,038.70
1,423.40
1,879.81
2,259.30
2,453.70
3,072.42
4,413.93
5,406.61
5,889.63
growth rate 100.6% 82.0% 37.0% 32.1% 20.2% 8.6% 25.2% 43.7% 22.5% 8.9%
Cash 37.67
115.70
160.10
288.70
527.72
142.00
228.20
549.54
553.08
511.04
561.68
growth rate 207.1% 38.4% 80.3% 82.8% -73.1% 60.7% 140.8% 0.6% -7.6% 9.9%
Inventory 70.92
92.70
164.30
272.10
296.57
274.50
231.20
432.33
334.49
295.37
346.09
growth rate 30.7% 77.2% 65.6% 9.0% -7.4% -15.8% 87.0% -22.6% -11.7% 17.2%
Cur.Liabilities 59.21
172.70
514.90
775.30
1,236.45
1,540.20
1,778.40
1,949.27
2,656.32
3,721.07
4,108.01
growth rate 191.7% 198.2% 50.6% 59.5% 24.6% 15.5% 9.6% 36.3% 40.1% 10.4%
Liabilities 158.24
238.40
573.00
889.00
1,413.88
1,968.40
2,063.20
2,340.34
3,581.42
4,507.22
4,829.85
growth rate 50.7% 140.4% 55.2% 59.0% 39.2% 4.8% 13.4% 53.0% 25.9% 7.2%
LT Debt 92.87
46.20
30.20
70.40
89.20
214.60
151.40
284.30
770.61
619.02
531.18
growth rate -50.3% -34.6% 133.1% 26.7% 140.6% -29.5% 87.8% 171.1% -19.7% -14.2%
Equity 126.27
332.30
465.70
534.30
465.93
290.90
390.50
716.61
818.97
884.68
1,032.23
growth rate 163.2% 40.1% 14.7% -12.8% -37.6% 34.2% 83.5% 14.3% 8.0% 16.7%
Common Shares 27.00
32.00
38.00
44.00
43.00
43.00
50.00
59.00
60.00
58.00
62.00
growth rate 18.5% 18.8% 15.8% -2.3% 0.0% 16.3% 18.0% 1.7% -3.3% 6.9%
Cash Flow Statement Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Capital Expenditures 42.01
104.80
72.00
134.00
205.42
60.48
23.13
65.14
642.77
1,111.49
310.68
growth rate 149.5% -31.3% 86.1% 53.3% -70.6% -61.8% 181.6% 886.8% 72.9% -72.1%
Cash Dividends 0.00
0.00
0.00
0.00
0.00
0.00
8.30
0.31
0.31
9.58
9.58
growth rate -96.3% 0.0% 3,041.6% 0.0%
Cash From OA -80.22
3.20
50.90
-58.49
60.12
229.50
265.11
413.66
-278.07
203.92
growth rate 100.0% 1,490.6% -100.0% 100.0% 95.4% 15.5% 56.0% -100.0% 100.0%
FCF per Share -4.48
-3.22
-0.56
-4.41
-4.46
-4.82
-4.80
0.88
3.31
-3.76
-23.96
growth rate 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% 276.1% -100.0% 0.0%
Sale Purchase of Stock 1.73
0.00
0.00
118.35
1.87
24.57
0.88
growth rate -100.0% -98.4% 1,216.1% -96.4%
FCF -122.00
-102.00
-21.00
-193.00
-145.00
-208.00
206.00
200.00
-229.00
-1,390.00
-107.00
growth rate 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% -2.9% -100.0% 0.0% 0.0%
Income Statement Dec '07 Dec '08 Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17
Sales 302.80
705.00
631.00
1,495.50
1,898.92
1,294.80
1,654.40
2,960.63
3,467.63
2,853.08
3,390.39
growth rate 132.8% -10.5% 137.0% 27.0% -31.8% 27.8% 79.0% 17.1% -17.7% 18.8%
Op.Income -1.96
24.10
6.50
120.30
-90.80
-195.20
45.60
369.37
276.96
76.12
249.86
growth rate 100.0% -73.0% 1,750.8% -100.0% 0.0% 100.0% 710.0% -25.0% -72.5% 228.3%
IBT -0.34
2.10
21.50
67.60
-74.32
-200.60
56.30
321.32
222.83
83.25
143.93
growth rate 100.0% 923.8% 214.4% -100.0% 0.0% 100.0% 470.7% -30.7% -62.6% 72.9%
Net Income -0.18
-7.50
22.60
50.60
-90.80
-195.50
31.70
239.50
171.86
65.25
99.57
growth rate 0.0% 100.0% 123.9% -100.0% 0.0% 100.0% 655.5% -28.2% -62.0% 52.6%
EPS -0.01
-0.24
0.60
1.16
-2.11
-4.53
0.63
4.11
2.93
1.12
1.69
growth rate 0.0% 100.0% 93.3% -100.0% 0.0% 100.0% 552.4% -28.7% -61.8% 50.9%
Gross Profit 23.78
71.00
78.10
228.80
182.28
171.80
275.70
580.99
576.77
417.19
638.97
growth rate 198.6% 10.0% 193.0% -20.3% -5.8% 60.5% 110.7% -0.7% -27.7% 53.2%
R&D 1.80
3.20
6.80
19.84
13.00
11.70
12.06
17.06
17.41
28.78
growth rate 77.8% 112.5% 191.8% -34.5% -10.0% 3.1% 41.5% 2.1% 65.3%

Quarterly Statements

Item Name Jun '17 Sep '17 Dec '17 Mar '18 Jun '18
Earnings BIT 68.51
57.77
125.87
43.34
53.94
growth rate -15.7% 117.9% -65.6% 24.5%
Balance Sheet Jun '17 Sep '17 Dec '17 Mar '18 Jun '18
Acct.Receivable 472.57
576.19
479.96
459.80
509.30
growth rate 21.9% -16.7% -4.2% 10.8%
Acct.Payable 899.54
1,056.69
980.69
914.02
815.38
growth rate 17.5% -7.2% -6.8% -10.8%
Cur.Assets 3,908.85
4,204.85
4,085.30
3,412.91
3,396.48
growth rate 7.6% -2.8% -16.5% -0.5%
Total Assets 5,675.01
6,048.09
5,889.63
5,299.67
5,192.95
growth rate 6.6% -2.6% -10.0% -2.0%
Cash 496.62
614.59
561.68
567.35
452.47
growth rate 23.8% -8.6% 1.0% -20.3%
Inventory 283.18
301.53
346.09
414.09
336.47
growth rate 6.5% 14.8% 19.7% -18.8%
Cur.Liabilities 4,124.85
4,412.00
4,108.01
3,620.19
3,662.78
growth rate 7.0% -6.9% -11.9% 1.2%
Liabilities 4,722.66
5,057.00
4,829.85
4,156.14
4,089.76
growth rate 7.1% -4.5% -14.0% -1.6%
LT Debt 399.04
444.42
531.18
328.12
221.35
growth rate 11.4% 19.5% -38.2% -32.5%
Equity 926.94
965.58
1,032.23
1,104.40
1,065.35
growth rate 4.2% 6.9% 7.0% -3.5%
Common Shares 701.77
702.14
702.16
702.31
702.87
growth rate 0.1% 0.0% 0.0% 0.1%
Cash Flow Statement Jun '17 Sep '17 Dec '17 Mar '18 Jun '18
Capital Expenditures
growth rate
Cash Dividends 0.00
growth rate
Cash From OA
growth rate
Sale Purchase of Stock 0.00
growth rate
FCF
growth rate
Income Statement Jun '17 Sep '17 Dec '17 Mar '18 Jun '18
Sales 692.37
912.22
1,108.76
1,424.91
650.59
growth rate 31.8% 21.6% 28.5% -54.3%
Op.Income 68.51
57.77
125.87
43.34
53.94
growth rate -15.7% 117.9% -65.6% 24.5%
IBT 49.31
19.76
91.72
47.98
23.74
growth rate -59.9% 364.2% -47.7% -50.5%
Net Income 38.21
13.29
61.40
43.38
15.57
growth rate -65.2% 361.9% -29.4% -64.1%
EPS
growth rate
Gross Profit 167.84
159.80
219.92
143.95
159.44
growth rate -4.8% 37.6% -34.6% 10.8%
R&D 7.32
7.27
8.56
9.50
9.13
growth rate -0.6% 17.8% 10.9% -3.8%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

D (47.16)

YOY Growth Grade:

D (34.83)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Profitability Ratios

Liquidity Ratios

Efficiency Ratios

Value Price

PE and EPS

Historical Current Forward
PE 6.36 6.33 7.84
EPS / Growth -3.4% 2.25 33.5%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 17.0%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 1.0% 17.2% 17.2%
Future PE 2.00 7.35 16.17
Future EPS 2.48 10.93 10.93
Value Price
MOS %
1.23
-91.4%
19.85
39.8%
43.68
207.6%
MOS Price 0.61 9.93 21.84
IRT 6.10 4.13 4.13

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Price Chart

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Risk / Reward Ratios

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