Canadian Solar Inc
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the Americas, Europe, and internationally. It 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 also … Read more
Canadian Solar Inc (CSIQ) - Total Assets
Latest total assets as of September 2025: $15.16 Billion USD
Based on the latest financial reports, Canadian Solar Inc (CSIQ) holds total assets worth $15.16 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Canadian Solar Inc - Total Assets Trend (2002–2024)
This chart illustrates how Canadian Solar Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canadian Solar Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Canadian Solar Inc's total assets of $15.16 Billion consist of 40.9% current assets and 59.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.7% |
| Accounts Receivable | $1.49 Billion | 11.0% |
| Inventory | $1.21 Billion | 8.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $31.03 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Canadian Solar Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Canadian Solar Inc's current assets represent 40.9% of total assets in 2024, a decrease from 79.0% in 2002.
- Cash Position: Cash and equivalents constituted 16.7% of total assets in 2024, down from 24.1% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 11.0% of total assets.
Canadian Solar Inc Competitors by Total Assets
Key competitors of Canadian Solar Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Canadian Solar Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Canadian Solar Inc generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Canadian Solar Inc generates $ 0.27 in net profit.
Canadian Solar Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.07 | 1.06 | 1.17 |
| Quick Ratio | 0.86 | 0.85 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $417.29 Million | $ 369.06 Million | $ 597.47 Million |
Canadian Solar Inc - Advanced Valuation Insights
This section examines the relationship between Canadian Solar Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.53 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 13.6% |
| Total Assets | $13.51 Billion |
| Market Capitalization | $868.69 Million USD |
Valuation Analysis
Below Book Valuation: The market values Canadian Solar Inc's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Canadian Solar Inc's assets grew by 13.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Canadian Solar Inc (2002–2024)
The table below shows the annual total assets of Canadian Solar Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.51 Billion | +13.58% |
| 2023-12-31 | $11.90 Billion | +31.63% |
| 2022-12-31 | $9.04 Billion | +22.32% |
| 2021-12-31 | $7.39 Billion | +13.03% |
| 2020-12-31 | $6.54 Billion | +19.56% |
| 2019-12-31 | $5.47 Billion | +11.74% |
| 2018-12-31 | $4.89 Billion | -16.93% |
| 2017-12-31 | $5.89 Billion | +8.93% |
| 2016-12-31 | $5.41 Billion | +22.40% |
| 2015-12-31 | $4.42 Billion | +43.77% |
| 2014-12-31 | $3.07 Billion | +25.21% |
| 2013-12-31 | $2.45 Billion | +8.61% |
| 2012-12-31 | $2.26 Billion | +20.19% |
| 2011-12-31 | $1.88 Billion | +32.07% |
| 2010-12-31 | $1.42 Billion | +37.03% |
| 2009-12-31 | $1.04 Billion | +82.00% |
| 2008-12-31 | $570.73 Million | +100.61% |
| 2007-12-31 | $284.50 Million | +119.47% |
| 2006-12-31 | $129.63 Million | +372.60% |
| 2005-12-31 | $27.43 Million | +346.38% |
| 2004-12-31 | $6.14 Million | +101.25% |
| 2003-12-31 | $3.05 Million | +23.32% |
| 2002-12-31 | $2.48 Million | -- |