CSI Solar Co (SHSE:688472) Enterprise Value: ¥40,277 Mil (As of Jul. 25, 2026) ***

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SHSE:688472 CSI Solar Co Ltd SHSE:688472
83 GF Score
Price ¥9.30
GF Value ¥9.09
Valuation Fairly Valued
! 7 Warning Signs
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What is CSI Solar Co Enterprise Value?

CSI Solar Co SHSE:688472 -5.30% 83 Enterprise Value is ¥40,277 Mil as of Jul. 25, 2026. GuruFocus rates SHSE:688472 with a GF Score™ of 83/100 and a GF Value™ of ¥9.09 (Fairly Valued). The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CSI Solar Co's Enterprise Value is ¥40,277 Mil. CSI Solar Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,579 Mil. Therefore, CSI Solar Co's EV-to-EBIT ratio for today is 15.61.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CSI Solar Co's Enterprise Value is ¥40,277 Mil. CSI Solar Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,579 Mil. Therefore, CSI Solar Co's EV-to-EBITDA ratio for today is 15.61.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CSI Solar Co's Enterprise Value is ¥40,277 Mil. CSI Solar Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ¥38,800 Mil. Therefore, CSI Solar Co's EV-to-Revenue ratio for today is 1.04.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, CSI Solar Co's Enterprise Value is ¥40,277 Mil. CSI Solar Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ¥5,533 Mil. Therefore, CSI Solar Co's EV-to-OCF ratio for today is 7.28.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, CSI Solar Co's Enterprise Value is ¥40,277 Mil. CSI Solar Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-487 Mil. Therefore, CSI Solar Co's EV-to-FCF ratio for today is -82.73.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


CSI Solar Co  (SHSE:688472) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

CSI Solar Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=40276.746/2579.484
=15.61

CSI Solar Co's current Enterprise Value is ¥40,277 Mil.
CSI Solar Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,579 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

CSI Solar Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=40276.746/2579.484
=15.61

CSI Solar Co's current Enterprise Value is ¥40,277 Mil.
CSI Solar Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,579 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

CSI Solar Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=40276.746/38799.623
=1.04

CSI Solar Co's current Enterprise Value is ¥40,277 Mil.
CSI Solar Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥38,800 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

CSI Solar Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=40276.746/5532.816
=7.28

CSI Solar Co's current Enterprise Value is ¥40,277 Mil.
CSI Solar Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5,533 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

CSI Solar Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=40276.746/-486.863
=-82.73

CSI Solar Co's current Enterprise Value is ¥40,277 Mil.
CSI Solar Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-487 Mil.

* 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.


CSI Solar Co Enterprise Value Related Terms


CSI Solar Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for CSI Solar Co's Enterprise Value 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.

CSI Solar Co Enterprise Value Chart

CSI Solar Co Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 41,349.22 50,561.45 58,992.24

CSI Solar Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41,828.14 39,058.73 54,812.09 58,992.24 53,027.74

SHSE:688472 vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, CSI Solar Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


CSI Solar Co Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, CSI Solar Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where CSI Solar Co's Enterprise Value falls into.


SHSE:688472
83GF Score
CSI Solar Co Ltd SHSE:688472
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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CSI Solar Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

CSI Solar Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

CSI Solar Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ¥40,277 Mil mean?
CSI Solar Co (SHSE:688472) has a Enterprise Value of ¥40,277 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CSI Solar Co and its competitors.
Is CSI Solar Co's Enterprise Value too high?
CSI Solar Co's current Enterprise Value is ¥40,277 Mil. Overall, CSI Solar Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSI Solar Co's Enterprise Value compare to FSLR and NXT?
CSI Solar Co's Enterprise Value of ¥40,277 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CSI Solar Co and its competitors. CSI Solar Co's current Enterprise Value is ¥40,277 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSI Solar Co stock overvalued right now?
Based on GuruFocus' analysis, CSI Solar Co (SHSE:688472) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.09, compared to a current price of ¥9.30 — trading 2.3% above its estimated fair value. The current Enterprise Value is ¥40,277 Mil. CSI Solar Co's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For CSI Solar Co (SHSE:688472), the current Enterprise Value is ¥40,277 Mil as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CSI Solar Co (SHSE:688472) Overvalued in 2026?

Based on GuruFocus' analysis, CSI Solar Co stock appears to be overvalued. The current stock price of ¥9.30 is trading 2.3% above its estimated GF Value™ of ¥9.09. GuruFocus considers CSI Solar Co to be Fairly Valued.

Key valuation signals for SHSE:688472:

  • Enterprise Value: ¥40,277 Mil
  • GF Value™: ¥9.09 vs. price of ¥9.30 (2.3% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the SHSE:688472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSI Solar Co Business Description

Address No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar is a leading Chinese solar module producer. The company's products are available in over 160 countries and regions. CSI operates a vertically integrated production process, encompassing solar wafers, cells, and module production.
83GF Score

Get the complete analysis for SHSE:688472

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥9.30
Price
¥9.09
GF Value