Company Information

  

Address: 545 SPEEDVALE AVENUE
WEST GUELPH 
City: ONTARIO 
State:  
Zip Code: N1K 1E6 
Telephone: (86-512) 6690-8088 

Description of Business

Primary SIC Code: 3674
(As filed with the SEC)  

Our legal and commercial name is Canadian Solar Inc. We were incorporated under the laws of the Province of Ontario, Canada in October 2001. We changed our jurisdiction by continuing under the Canadian federal corporate statute, the Canada Business Corporations Act, or CBCA, effective June 1, 2006. As a result, we are governed by the CBCA. See "--C. Organizational Structure" for additional information on our corporate structure, including a list of our major subsidiaries. 38 -------------------------------------------------------------------------------- Table of Contents Our principal executive office and principal place of business is located at 545 Speedvale Avenue West, Guelph, Ontario, Canada N1K 1E6. Our telephone number at this address is (1-519) 837-1881 and our fax number is (1-519) 837-2550.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20170.47NA33.87
12/20161.12NA10.88
03/20162.28NA8.46
12/20152.93NA9.88
06/20154.42NA6.47
03/20155.08NA6.57
12/20144.11NA5.89
09/20143.24NA11.04

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.09Total Liab/Total Assets0.84
Net Inc/Total Assets0.01Total Liab/Inv Cap-7.85
Net Inc/Inv Cap-0.11Total Liab/Comm Equity6.53
Pretax Inc/Net Sales0.03Interest Coverage Ratio2.26
Net Inc/Net Sales0.02Curr Debt/Equity2.56
Cash Flow/Net Sales-0.10LTD/Equity0.70
SG&A/NetSales0.11Total Debt/Equity3.26
Asset Utilization   Liquidity  
Net Receivables Turnover4.95Quick Ratio0.94
Inventory Turnover7.73Current Ratio1.02
Inventory Day Sales0.02Net Rec/Curr Assets0.13
Net Sales/Work Cap40.94Inv/Curr Assets0.08
Net Sales/PP&E6.17  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 2,853.08 3,467.63 2,960.63 1,654.36
Cost of Goods Sold 2,435.89 2,890.86 2,379.63 1,378.66
Selling & Admin Exps 306.62 312.34 202.62 133.19
Operating Income 93.16 247.37 366.31 130.82
Interest Exp 69.72 54.15 48.91 46.24
Pretax Income 87.66 223.47 320.83 56.27
Other Income 64.21 30.25 3.42 -28.30
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 65.25 171.86 239.50 31.66

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 1,023.10 1,100.30 1,008.79 694.05
Receivables - Total 507.75 646.10 506.54 386.20
Inventories - Total 295.37 334.49 432.33 231.16
Total Current Assets 3,790.76 2,264.09 2,315.89 1,719.36
Net Property, Plant & Equipment 462.35 331.05 372.48 407.60
Total Assets 5,406.61 4,413.93 3,072.42 2,453.74
Liabilities        
Accounts Payable 550.13 680.15 637.21 433.92
Debt in Current Liabilities 2,261.34 1,824.94 1,226.59 1,238.95
Total Current Liabilities 3,721.07 2,656.32 1,949.27 1,778.36
Long-Term Debt 619.02 770.61 284.30 151.39
Total Liabilities 4,521.93 3,594.96 2,353.30 2,052.26
Stockholder's Equity        
Minority Interest 14.71 13.54 12.96 10.97
Preferred Stock NA NA NA NA
Common Stock 701.28 677.10 675.24 561.24
Retained Earnings 284.11 218.86 47.00 -192.50
Treasury Stock NA NA NA NA
Total Stockholders' Equity 884.68 818.97 716.61 390.53
Total Liabilities and Stockholders' Equity 5,406.61 4,413.93 3,069.91 2,442.79

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities -278.07 413.66 265.11 229.55
Net Cash Provided by Investing Activities -1,042.56 -999.10 -116.05 -37.51
Net Cash Provided by Financing Activities 1,299.82 619.48 191.95 -104.90

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,294.83-195.47-4.53
12/20131,654.3631.660.63
12/20142,960.63239.504.11
12/20153,467.63171.862.93
12/20162,853.0865.251.12
Growth Rates21.84----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1712122,64739.05




Report Date : 10/16/2017

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