CSI Solar Co., Ltd.

CSI Solar Co., Ltd.

SSSE:688472
7.86
CNY
+0.14
(+1.81%)
0.29EPS
38.84P/E
39.42BMarket Cap
Oct 30Next Earn

Total Valuation

CNY

As of June 30, 2026, CSI Solar Co., Ltd. carries a market capitalization of 39.42B, placing it among publicly traded companies globally. Its enterprise value stands at 46.82B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap39.42B
Enterprise Value46.82B

Important Dates

CSI Solar Co., Ltd.'s next confirmed earnings release is scheduled for October 30, 2026.

Earnings Date10/30/2026

Share Statistics

As of June 30, 2026, CSI Solar Co., Ltd. has 3.64B shares outstanding.

Shares Outstanding3.64B

Valuation Ratios

As of June 30, 2026, CSI Solar Co., Ltd. trades at a trailing price-to-earnings ratio of 38.84. The price-to-sales ratio is 1.15, and the price-to-book ratio stands at 1.73.

PE Ratio38.84
PS Ratio1.15
PB Ratio1.73
P/TBV Ratio1.80

Enterprise Valuation

As of June 30, 2026, CSI Solar Co., Ltd. trades at an EV/EBITDA multiple of 28.72 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.37 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 28.72 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 46.82B versus a market cap of 39.42B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.37
EV / EBITDA28.72
EV / EBIT28.72

Financial Position

As of June 30, 2026, CSI Solar Co., Ltd. maintains a current ratio of 1.09, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 75.85, indicating elevated leverage, while an interest coverage ratio of 2.31 demonstrates limited ability to service its debt obligations.

Current Ratio1.09
Quick Ratio0.34
Debt / Equity75.85
Debt / EBITDA10.60
Interest Coverage2.31

Financial Efficiency

CNY

Over the twelve months ended June 30, 2026, CSI Solar Co., Ltd. posted a return on equity (ROE) of 4.43, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 2.54 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.60, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.49, useful for judging operating efficiency across full business cycles. The company generates approximately 2.75M in revenue per employee across its workforce of 12,459.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.19 indicates how many times CSI Solar Co., Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)4.43
Return on Assets (ROA)1.60
Return on Invested Capital (ROIC)2.54
Return on Capital Employed (ROCE)3.49
Revenue Per Employee2.75M
Employee Count12,459.25
Inventory Turnover4.19

Taxes

CNY

Over the twelve months ended June 30, 2026, CSI Solar Co., Ltd. recorded 575.58M in income tax expense. That works out to an effective tax rate of 35.39, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.63B, leaving 1.01B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax575.58M
Effective Tax Rate35.39

Stock Price Statistics

CNY

As of the close on October 22, 2026, CSI Solar Co., Ltd.'s stock has declined approximately 33.89% over the past 52 weeks. The 50-day moving average sits at 9.02, while the 200-day moving average is 12.36.

52-Week Price Change-33.89%
50-Day Moving Average9.02
200-Day Moving Average12.36

Income Statement

CNY

Over the twelve months ended June 30, 2026, CSI Solar Co., Ltd. generated 34.24B in revenue and converted that into 1.01B in net income, yielding earnings per share of 0.29. EBITDA reached 1.63B, while operating income came in at 2.66B.

Revenue34.24B
Gross Profit4.71B
Operating Income2.66B
Pretax Income1.63B
Net Income1.01B
EBITDA1.63B
EBIT1.63B
Earnings Per Share (EPS)0.29

Balance Sheet

CNY

As of June 30, 2026, CSI Solar Co., Ltd. holds 9.94B in cash and equivalents against 17.29B in total debt, resulting in a net debt position of 2.15B. Total book value stands at 22.73B, with working capital of 2.73B providing operational flexibility.

Cash & Cash Equivalents9.94B
Total Debt17.29B
Net Debt2.15B
Equity (Book Value)22.73B
Book Value Per Share6.24
Working Capital2.73B

Cash Flow

CNY

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-4.61B

Margins

Over the twelve months ended June 30, 2026, CSI Solar Co., Ltd. posted a gross margin of 13.76, reflecting its pricing power and cost economics. The operating margin of 7.78 and net profit margin of 2.95 provide insight into operational efficiency.

Gross Margin13.76
Operating Margin7.78
Pretax Margin4.75
Profit Margin2.95
EBITDA Margin4.76

Dividends & Yields

CNY

Over the twelve months ended June 30, 2026, CSI Solar Co., Ltd. paid dividends of 0.14 per share. The dividend payout ratio of 48.06 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield reaches 2.05, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to CSI Solar Co., Ltd. shareholders.

Dividend Per Share0.14
Payout Ratio48.06
Shareholder Yield2.05

Scores

As of June 30, 2026, CSI Solar Co., Ltd. has an Altman Z-Score of 1.71, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.71