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. 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 39 -------------------------------------------------------------------------------- Table of Contents and our fax number is (1-519) 837-2550.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20182.27NA5.39
03/20182.68NA6.07
12/20171.69NA9.98
09/20170.42NA40.10
06/20170.47NA33.87
12/20161.12NA10.88
03/20162.28NA8.46
12/20152.93NA9.88

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.14Total Liab/Total Assets0.82
Net Inc/Total Assets0.02Total Liab/Inv Cap-4.54
Net Inc/Inv Cap-0.09Total Liab/Comm Equity6.91
Pretax Inc/Net Sales0.04Interest Coverage Ratio2.14
Net Inc/Net Sales0.03Curr Debt/Equity2.76
Cash Flow/Net Sales0.06LTD/Equity0.51
SG&A/NetSales0.10Total Debt/Equity3.28
Asset Utilization   Liquidity  
Net Receivables Turnover6.46Quick Ratio0.91
Inventory Turnover8.58Current Ratio0.99
Inventory Day Sales0.02Net Rec/Curr Assets0.13
Net Sales/Work Cap-149.30Inv/Curr Assets0.08
Net Sales/PP&E4.54  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 3,390.39 2,853.08 3,467.63 2,960.63
Cost of Goods Sold 2,752.80 2,435.89 2,890.86 2,379.63
Selling & Admin Exps 339.48 306.62 312.34 202.62
Operating Income 269.35 93.16 247.37 366.31
Interest Exp 117.97 69.72 54.15 48.91
Pretax Income 134.52 87.66 223.47 320.83
Other Income -16.85 64.21 30.25 3.42
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 99.57 65.25 171.86 239.50

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 1,211.84 1,023.10 1,100.30 1,008.79
Receivables - Total 541.35 507.75 646.10 506.54
Inventories - Total 346.09 295.37 334.49 432.33
Total Current Assets 4,085.30 3,790.76 2,264.09 2,315.89
Net Property, Plant & Equipment 747.24 462.35 331.05 372.48
Total Assets 5,889.63 5,406.61 4,413.93 3,072.42
Liabilities        
Accounts Payable 460.73 550.13 680.15 637.21
Debt in Current Liabilities 2,851.83 2,261.34 1,824.94 1,226.59
Total Current Liabilities 4,108.01 3,721.07 2,656.32 1,949.27
Long-Term Debt 531.18 619.02 770.61 284.30
Total Liabilities 4,857.40 4,521.93 3,594.96 2,353.30
Stockholder's Equity        
Minority Interest 27.55 14.71 13.54 12.96
Preferred Stock NA NA NA NA
Common Stock 702.16 701.28 677.10 675.24
Retained Earnings 383.68 284.11 218.86 47.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,032.23 884.68 818.97 716.61
Total Liabilities and Stockholders' Equity 5,889.63 5,406.61 4,413.93 3,069.91

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 203.92 -278.07 413.66 265.11
Net Cash Provided by Investing Activities -341.22 -1,042.56 -999.10 -116.05
Net Cash Provided by Financing Activities 165.28 1,299.82 619.48 191.95

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20131,654.3631.660.63
12/20142,960.63239.504.11
12/20153,467.63171.862.93
12/20162,853.0865.251.12
12/20173,390.3999.571.69
Growth Rates19.6533.1727.98

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1811922,66238.68




Report Date : 9/17/2018

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