Canadian Solar (MEX:CSIQN) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


MEX:CSIQN Canadian Solar Inc MEX:CSIQN
70 GF Score
Price MXN276.50
GF Value MXN260.83
Valuation Fairly Valued
! 9 Warning Signs
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What is Canadian Solar Scaled Net Operating Assets?

Canadian Solar MEX:CSIQN 70 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates MEX:CSIQN with a GF Score™ of 70/100 and a GF Value™ of MXN260.83 (Fairly Valued). The stock has 9 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canadian Solar's operating assets for the quarter that ended in Mar. 2026 was MXN254,143 Mil. Canadian Solar's operating liabilities for the quarter that ended in Mar. 2026 was MXN61,879 Mil. Canadian Solar's Total Assets for the quarter that ended in Dec. 2025 was MXN273,178 Mil. Therefore, Canadian Solar's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.

Canadian Solar Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Canadian Solar's Scaled Net Operating Assets 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.

Canadian Solar Scaled Net Operating Assets Chart

Canadian Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.69 0.60 0.86 0.68

Canadian Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.65 0.63 0.66 0.69 0.70

MEX:CSIQN vs JKS, ARRY, TOYO: Scaled Net Operating Assets Comparison

For the Solar subindustry, Canadian Solar's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Canadian Solar's Scaled Net Operating Assets falls into.


MEX:CSIQN
70GF Score
Canadian Solar Inc MEX:CSIQN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Solar Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canadian Solar's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(248502.266-58023.854)/281792.833
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=273177.601 - 24675.335
=248502.266

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=196299.96 - 75102.729 - 63173.377
=58023.854

Canadian Solar's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(254142.74-61878.76)/273177.601
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=280129.844 - 25987.104
=254142.74

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=202648.832 - 77460.166 - 63309.906
=61878.76

* 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.

What does a Scaled Net Operating Assets of 0.70 mean?
Canadian Solar (MEX:CSIQN) has a Scaled Net Operating Assets of 0.70 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Canadian Solar and its competitors.
Is Canadian Solar's Scaled Net Operating Assets too high?
Canadian Solar's current Scaled Net Operating Assets is 0.70. Overall, Canadian Solar has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Scaled Net Operating Assets compare to JKS and ARRY?
Canadian Solar's Scaled Net Operating Assets of 0.70 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 Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Canadian Solar and its competitors. Canadian Solar's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (MEX:CSIQN) is currently considered Fairly Valued. The stock's GF Value™ is MXN260.83, compared to a current price of MXN276.50 — trading 6% above its estimated fair value. The current Scaled Net Operating Assets is 0.70. Canadian Solar's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Canadian Solar (MEX:CSIQN), the current Scaled Net Operating Assets is 0.70 as of Mar. 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 Canadian Solar (MEX:CSIQN) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of MXN276.50 is trading 6% above its estimated GF Value™ of MXN260.83. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for MEX:CSIQN:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: MXN260.83 vs. price of MXN276.50 (6% above fair value)
  • GF Score™: 70/100 with 9 warning signs

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

Canadian Solar Business Description

Other Exchanges CSIQ:USAL5A:Germany
Address 4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
70GF Score

Get the complete analysis for MEX:CSIQN

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

MXN276.50
Price
MXN260.83
GF Value