Canadian Solar Revenue, Profits - CSIQ Quarterly Income Statement

Add to My Stocks
$15.33 $0.39 (2.61%) CSIQ stock closing price Sep 20, 2018 (Closing)

Financial analysis of Canadian Solar involves more than just checking the Canadian Solar stock price, by looking at the financial statements of the company in detail. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 1.42B to 650.59M and how operating and non operating activities have impacted the CSIQ stock. The operating expenses as shown in the Canadian Solar profit and loss statement for 2018 Q2 total to $105.49M. This line item shows that the operating expenses has increased compared with last year. Also check: Canadian Solar assets and Canadian Solar free cash flow.

View and download details of revenue and profits for Canadian Solar for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Canadian Solar Revenues or Net Sales
650.59M1.42B1.11B912.22M692.37M677.04M668.43M657.32M805.91M721.42M
Cost Of Goods Sold (COGS)491.16M1.28B890.22M752.42M524.52M585.63M619.48M540.03M667.43M608.95M
Canadian Solar Gross Profit
159.44M143.94M218.56M159.8M167.83M91.4M48.96M117.29M138.46M112.47M
Research & Development Expense9.13M9.49M8.57M7.27M7.31M5.62M3.21M4.64M5.05M4.5M
Selling General & Admin Expense96.36M56.2M79.84M94.75M76.77M88.11M57.52M85.67M93.83M69.59M
Income Before Depreciation Depletion Amortization53.94M78.24M130.16M57.77M83.74M-2.33M-11.74M26.96M39.57M38.37M
Depreciation Depletion Amortization----------
Non Operating Income-7.72M-0.4M-2.41M-11.32M-12.1M8.98M13.18M7.17M27.31M16.55M
Interest Expense26.6M29.59M33.5M33.65M26.71M24.11M22.91M18.8M11.88M16.13M
Canadian Solar Pretax Income
19.62M48.24M94.27M12.78M44.92M-17.45M-21.48M15.33M55M38.8M
Provision for Income Taxes7.77M4.09M28.94M6.16M8.95M-3.1M-10.59M-16.3M12.25M
MinorityInterest--1.38M-2.14M-0.4M-0.46M-0.42M-0.3M1.2M
Investment Gains Losses4.12M-0.26M-2.54M6.97M4.38M--2.88M-0.13M1.37M-2.76M
Other Income----------
Income Before Extraordinaries & Disc Operations15.97M43.38M61.4M13.29M38.21M-13.34M-13.33M15.61M40.38M22.58M
Extraordinary Items & Discontinued Operations----------
Canadian Solar Profit/ Loss (Net Income)
15.57M43.38M61.4M13.29M38.21M-13.34M-13.33M15.61M40.38M22.58M
Average Shares used to compute Diluted EPS59.22M61.95M61.94M59.28M62.05M57.83M57.81M58.28M61.04M57.81M
Average Shares used to compute Basic EPS58.83M58.55M58.49M58.39M57.95M57.83M57.81M57.78M57.61M56.9M
Income Before Nonrecurring Items15.57M43.38M61.4M13.29M-9.11M-6.01M14.17M16.73M40.38M21.34M
Income from Nonrecurring Items----47.32M-7.32M-27.5M-1.12M-1.24M
Canadian Solar Earnings Per Share Basic Net
0.260.741.050.230.66-0.23-0.230.270.700.40
Canadian Solar Earnings Per Share Diluted Net
0.260.721.010.220.63-0.23-0.230.270.680.39
EPS Diluted Before Nonrecurring Items0.260.721.010.22-0.15-0.100.240.290.680.37
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

It is very helpful to read a report on Canadian Solar stock analysis. An investor must check the following items in an income statement:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that CSIQ stock has a topline or revenue of $650.59M for 2018 Q2 as per this Canadian Solar revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $15.57M for Canadian Solar for 2018 Q2. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The CSIQ financials along with Canadian Solar historical stock prices provide a lot of details about the firm.

Canadian Solar Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
6.76
PS Ratio (price sales ratio)
0.21
Operating Margin
8.3
Net Profit Margin
2.4
Dividend Yield
0%