CSI Solar's revenue fell 55% year on year in the second quarter, partly reflecting last year's restructuring, which resulted in the deconsolidation of its US operations. The company recorded its first quarterly loss of the current solar downcycle.
CSI is expected to remain profitable despite the industry downturn, while peers may face losses.
Persistent overcapacity in solar industry pushes CSI into losses.
|
Metric
|
688472
|
601012
|
002459
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.45 | — | — |
Price/Book Value | 1.35 | 1.75 | 1.13 |
Price/Sales | 0.97 | 1.31 | 0.52 |
Price/Cash Flow | 7.26 | 14.56 | 6.03 |
|
Metric
|
688472
|
601012
|
002459
|
|---|---|---|---|
Quick Ratio | 0.79 | 0.91 | 0.68 |
Current Ratio | 1.09 | 1.28 | 1.13 |
Interest Coverage | 2.01 | −7.77 | −3.04 |
|
Metric
|
688472
|
601012
|
002459
|
|---|---|---|---|
Return on Assets (Normalized) | −0.26% | −5.38% | −5.57% |
Return on Equity (Normalized) | −0.72% | −15.06% | −25.84% |
Return on Invested Capital (Normalized) | 0.38% | −8.46% | −7.35% |
|
1-Day Chart
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Morningstar Rating for Stocks
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United States