CSI Solar Co Ltd Ordinary Shares - Class A
688472: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.CJ | LOCK|@Q | LOCK|s^wDW& |
CSI Solar Projects Strong Shipments of Energy Storage Systems
Business Strategy and Outlook
CSI Solar is a leading Chinese solar module producer, ranking seventh by global module shipments in 2024. Known for its extensive overseas exposure, particularly to the profitable US market, CSI generated 78% of its revenue from international markets in 2024, the highest among its Chinese peers. The US is the largest overseas market for CSI, accounting for about 25% of its solar module shipments in 2024.
