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Upturn AI SWOT - About
CSIQ 
Canadian Solar Inc (CSIQ)
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Upturn Advisory Summary
01/21/2025: CSIQ (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -70.24% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 01/21/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 577.71M USD | Price to earnings Ratio 16.17 | 1Y Target Price 14.31 |
Price to earnings Ratio 16.17 | 1Y Target Price 14.31 | ||
Volume (30-day avg) 1812963 | Beta 1.34 | 52 Weeks Range 8.34 - 21.05 | Updated Date 04/1/2025 |
52 Weeks Range 8.34 - 21.05 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.54 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-14 | When Before Market | Estimate -0.2411 | Actual -1.47 |
Profitability
Profit Margin 0.6% | Operating Margin (TTM) -8.36% |
Management Effectiveness
Return on Assets (TTM) -0.15% | Return on Equity (TTM) -1.98% |
Valuation
Trailing PE 16.17 | Forward PE 5.73 | Enterprise Value 5490747904 | Price to Sales(TTM) 0.1 |
Enterprise Value 5490747904 | Price to Sales(TTM) 0.1 | ||
Enterprise Value to Revenue 0.8 | Enterprise Value to EBITDA 87.38 | Shares Outstanding 66174900 | Shares Floating 41989193 |
Shares Outstanding 66174900 | Shares Floating 41989193 | ||
Percent Insiders 28.93 | Percent Institutions 50.42 |
Analyst Ratings
Rating 3.5 | Target Price 15.71 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold 2 | Sell 2 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Canadian Solar Inc
Company Overview
History and Background
Canadian Solar Inc. was founded in 2001 by Shawn Qu in Canada. It started as a solar module manufacturer and has since expanded into a global energy provider with manufacturing facilities worldwide. It has grown significantly through strategic expansions and acquisitions.
Core Business Areas
- Solar Module Manufacturing: Designs, manufactures, and sells solar modules using crystalline silicon. They offer a range of modules for residential, commercial, and utility-scale applications.
- Energy Storage Solutions: Develops and provides battery storage solutions for various applications, including residential, commercial, and grid-scale projects.
- Project Development and Sales: Develops and sells solar power projects globally, ranging from small distributed generation projects to large-scale utility installations.
- O&M Services: Provides operations and maintenance services for solar power plants.
Leadership and Structure
Dr. Shawn Qu is the Chairman, President, and CEO. The company has a standard corporate structure with executive management overseeing various departments and regions.
Top Products and Market Share
Key Offerings
- HiKu Series Modules: High-power solar modules for utility-scale applications. Competitors include Jinko Solar, LONGi, and Trina Solar. They are a leading module vendor globally, estimated revenue contribution between 50-60% of total module revenue.
- Ku Modules: Modules designed for residential and commercial applications. Key competitors include LG (now discontinued), SunPower, and REC Group. Contributes about 20-30% of module revenue.
- Energy Storage Solutions (e-STORAGE): Battery energy storage solutions. Competitors include Tesla, Fluence, and Powin Energy. Growing segment with increased revenues.
Market Dynamics
Industry Overview
The solar energy industry is experiencing strong growth driven by decreasing costs, government incentives, and increasing environmental concerns. The industry is highly competitive, with numerous manufacturers and project developers.
Positioning
Canadian Solar is a major player in the solar module manufacturing and project development sectors, known for its global reach and competitive pricing. Their advantages include established manufacturing capacity, a global sales network, and a diversified product portfolio.
Total Addressable Market (TAM)
The global solar energy market is estimated to reach hundreds of billions of dollars annually. Canadian Solar is well-positioned to capture a significant portion of this TAM given their scale and diversified offerings.
Upturn SWOT Analysis
Strengths
- Global manufacturing footprint
- Strong brand recognition
- Diversified product portfolio
- Competitive pricing
- Established project development capabilities
Weaknesses
- Exposure to fluctuating raw material prices
- Dependence on government subsidies and incentives
- Highly competitive industry
- Potential trade barriers and tariffs
Opportunities
- Growing demand for solar energy
- Expansion into new markets
- Technological advancements in solar modules and energy storage
- Increasing adoption of renewable energy policies
Threats
- Price wars and margin pressures
- Changes in government policies and regulations
- Disruptive technologies
- Economic downturns
Competitors and Market Share
Key Competitors
- JKS
- SEDG
- ENPH
- RUN
- NOVA
Competitive Landscape
Canadian Solar faces intense competition from other global solar module manufacturers. Its competitive advantages include its global manufacturing footprint and competitive pricing, while its disadvantages include its dependence on government subsidies and exposure to fluctuating raw material prices.
Major Acquisitions
Recurrent Energy
- Year: 2015
- Acquisition Price (USD millions): 265
- Strategic Rationale: Acquisition of Recurrent Energy boosted Canadian Solar's late-stage project pipeline and further enabled its growth as a leading global solar power plant developer.
Growth Trajectory and Initiatives
Historical Growth: Canadian Solar has experienced significant growth in revenue and capacity over the past decade, driven by increasing global demand for solar energy.
Future Projections: Analysts expect continued growth in revenue and earnings, driven by expanding manufacturing capacity, increasing energy storage sales, and project development activities.
Recent Initiatives: Recent initiatives include expanding module manufacturing capacity, increasing focus on energy storage solutions, and developing large-scale solar power projects.
Summary
Canadian Solar is a major player in the solar energy industry, with a strong global presence and a diversified product portfolio. It benefits from the increasing demand for solar energy, but faces challenges such as competition and fluctuating raw material prices. The company's focus on expanding manufacturing capacity and energy storage solutions positions it for future growth, but careful management of risks is essential. Canadian Solar has a strong history of acquiring businesses to extend its core offerings, and appears to be well positioned in the market
Similar Companies
ENPH
Enphase Energy Inc
ENPH
Enphase Energy Inc
JKS
JinkoSolar Holding Company Limited
JKS
JinkoSolar Holding Company Limited
NOVA
Sunnova Energy International Inc
NOVA
Sunnova Energy International Inc
RUN
Sunrun Inc
RUN
Sunrun Inc
SEDG
SolarEdge Technologies Inc
SEDG
SolarEdge Technologies Inc
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Canadian Solar Inc
Exchange NASDAQ | Headquaters Guelph, ON, Canada | ||
IPO Launch date 2006-11-09 | Chairman, President & CEO Dr. Xiaohua Qu Ph.D. | ||
Sector Technology | Industry Solar | Full time employees - | Website https://www.canadiansolar.com |
Full time employees - | Website https://www.canadiansolar.com | ||
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.
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