Canadian Solar
Canadian Solar is both a global leading manufacturer of solar PV modules and a provider of solar energy solutions.
Launch date
Employees
Market cap
$919m
Enterprise valuation
$4.2b (Public information from Sep 2024)
Share price
$14.65 CSIQ
Guelph Ontario (HQ)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.5b | 5.3b | 7.5b | 7.6b | 7.1b | 8.7b | 9.7b |
| % growth | 9 % | 52 % | 42 % | 2 % | (6 %) | 22 % | 12 % |
| EBITDA | 230m | 201m | 397m | 807m | 621m | 1.0b | 1.3b |
| % EBITDA margin | 7 % | 4 % | 5 % | 11 % | 9 % | 12 % | 13 % |
| Profit | 147m | 95.2m | 240m | 274m | 38.3m | 250m | 357m |
| % profit margin | 4 % | 2 % | 3 % | 4 % | 1 % | 3 % | 4 % |
| EV / revenue | 1.1x | 0.7x | 0.5x | 0.4x | 0.5x | 0.5x | 0.5x |
| EV / EBITDA | 17.1x | 17.2x | 8.8x | 4.0x | 5.7x | 4.2x | 3.6x |
| R&D budget | 45.2m | 58.4m | 69.8m | 101m | - | - | - |
| R&D % of revenue | 1 % | 1 % | 1 % | 1 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
$52.0m | Post IPO Debt | ||
$51.0m | Post IPO Debt | ||
$71.6m | Post IPO Debt | ||
| N/A | N/A | Post IPO Debt | |
N/A | Post IPO Debt | ||
N/A | Post IPO Debt | ||
N/A | Post IPO Debt | ||
N/A | Post IPO Debt | ||
N/A | Post IPO Debt | ||
| N/A | N/A | Post IPO Equity | |
N/A | Post IPO Debt | ||
| N/A | $45.0m | Post IPO Equity | |
$48.0m | Post IPO Debt | ||
| N/A | BRL225m | Post IPO Equity | |
| N/A | $260m | Post IPO Debt | |
* | AUD270k | Grant | |
$100m | Post IPO Debt | ||
* | N/A | $150m | Post IPO Equity |
* | JPY18.5b | Private Placement non VC | |
* | $500m | Post IPO Equity | |
* | $200m | Post IPO Convertible | |
| Total Funding | $175k | ||
Recent News about Canadian Solar
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Canadian Solar
Edit
ACQUISITION by Canadian Solar Feb 2015
ACQUISITION by Quinbrook Infrastructure Partners Dec 2021