Canadian Solar (Canadian Solar) Gross-Profit-to-Asset %

: 10.90% (As of Sep. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Canadian Solar's annualized Gross Profit for the quarter that ended in Sep. 2023 was $1,232 Mil. Canadian Solar's average Total Assets over the quarter that ended in Sep. 2023 was $11,299 Mil. Therefore, Canadian Solar's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 10.90%.

Canadian Solar Gross-Profit-to-Asset % Historical Data

The historical data trend for Canadian Solar's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Solar Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

14.38

13.87

11.49

13.06

15.38

Canadian Solar Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross-Profit-to-Asset %																17.02	15.76	13.48	16.76	10.90

Competitive Comparison

For the Solar subindustry, Canadian Solar's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Solar Gross-Profit-to-Asset % Distribution

For the Semiconductors industry and Technology sector, Canadian Solar's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Canadian Solar's Gross-Profit-to-Asset % falls into.

Canadian Solar Gross-Profit-to-Asset % Calculation

Canadian Solar's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	1263.136	/	( (7388.342	+	9037.128)	/ 2 )
	=	1263.136	/	8212.735
	=	15.38 %

Canadian Solar's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	1232.016	/	( (11198.65	+	11400.23)	/ 2 )
	=	1232.016	/	11299.44
	=	10.90 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Canadian Solar Gross-Profit-to-Asset % Related Terms

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Canadian Solar (Canadian Solar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CSIQ:Mexico L5A:Germany L5A:Germany

Address

545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6

Website

https://www.canadiansolar.com

Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.