CSI Solar Co., Ltd. (SHA:688472)
China · Delayed Price · Currency is CNY 14.53
+0.08 (0.55%)
At close: Feb 27, 2026
CSI Solar Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 40,256 | 45,414 | 50,416 | 46,692 | 27,406 |
Other Revenue | - | 750.57 | 893.98 | 844.26 | 604.38 |
| 40,256 | 46,165 | 51,310 | 47,536 | 28,010 | |
Revenue Growth (YoY) | -12.80% | -10.03% | 7.94% | 69.71% | 20.32% |
Cost of Revenue | - | 40,349 | 45,103 | 42,176 | 25,492 |
Gross Profit | 40,256 | 5,816 | 6,207 | 5,360 | 2,518 |
Selling, General & Admin | - | 2,673 | 2,440 | 2,258 | 1,995 |
Research & Development | - | 829.57 | 678.69 | 455.67 | 367.9 |
Other Operating Expenses | 39,143 | -714.05 | -242.2 | 105.39 | -145.88 |
Operating Expenses | 39,143 | 2,895 | 2,932 | 2,848 | 2,267 |
Operating Income | 1,112 | 2,921 | 3,275 | 2,512 | 250.88 |
Interest Expense | - | -486.34 | -449.52 | -364.29 | -260.73 |
Interest & Investment Income | - | 425.91 | 290.96 | 111.87 | 310.43 |
Currency Exchange Gain (Loss) | - | 189.05 | 324.22 | 567.16 | -217.57 |
Other Non Operating Income (Expenses) | -30.66 | -49.41 | -70.92 | 73.48 | -29.16 |
EBT Excluding Unusual Items | 1,082 | 3,000 | 3,369 | 2,900 | 53.85 |
Gain (Loss) on Sale of Investments | - | -121.92 | -79.37 | -231.52 | -17.94 |
Gain (Loss) on Sale of Assets | - | -3.26 | 37.1 | 40.64 | 7.2 |
Asset Writedown | - | -494.73 | -63.51 | -427.01 | -38.28 |
Legal Settlements | - | - | - | - | 123.1 |
Other Unusual Items | - | 191.06 | -76.93 | 330 | - |
Pretax Income | 1,082 | 2,580 | 3,193 | 2,619 | 128.99 |
Income Tax Expense | 60.42 | 345.12 | 305.67 | 469.08 | 86.55 |
Earnings From Continuing Operations | 1,021 | 2,235 | 2,887 | 2,150 | 42.45 |
Minority Interest in Earnings | - | 12.74 | 16.37 | 7.2 | -7.46 |
Net Income | 1,021 | 2,247 | 2,903 | 2,157 | 34.98 |
Net Income to Common | 1,021 | 2,247 | 2,903 | 2,157 | 34.98 |
Net Income Growth | -54.56% | -22.60% | 34.61% | 6065.37% | -97.83% |
Shares Outstanding (Basic) | 3,647 | 3,684 | 3,416 | 3,081 | 3,066 |
Shares Outstanding (Diluted) | 3,647 | 3,684 | 3,416 | 3,081 | 3,066 |
Shares Change (YoY) | -1.00% | 7.86% | 10.86% | 0.50% | 6.30% |
EPS (Basic) | 0.28 | 0.61 | 0.85 | 0.70 | 0.01 |
EPS (Diluted) | 0.28 | 0.61 | 0.85 | 0.70 | 0.01 |
EPS Growth | -54.10% | -28.23% | 21.43% | 6900.00% | -98.21% |
Free Cash Flow | - | -5,438 | 30.52 | 1,440 | -4,508 |
Free Cash Flow Per Share | - | -1.48 | 0.01 | 0.47 | -1.47 |
Dividend Per Share | - | 0.093 | 0.120 | - | - |
Dividend Growth | - | -21.89% | - | - | - |
Gross Margin | 100.00% | 12.60% | 12.10% | 11.28% | 8.99% |
Operating Margin | 2.76% | 6.33% | 6.38% | 5.29% | 0.90% |
Profit Margin | 2.54% | 4.87% | 5.66% | 4.54% | 0.13% |
Free Cash Flow Margin | - | -11.78% | 0.06% | 3.03% | -16.10% |
EBITDA | 4,274 | 6,083 | 5,331 | 4,044 | 1,911 |
EBITDA Margin | 10.62% | 13.18% | 10.39% | 8.51% | 6.82% |
D&A For EBITDA | 3,162 | 3,162 | 2,056 | 1,532 | 1,661 |
EBIT | 1,112 | 2,921 | 3,275 | 2,512 | 250.88 |
EBIT Margin | 2.76% | 6.33% | 6.38% | 5.29% | 0.90% |
Effective Tax Rate | 5.59% | 13.38% | 9.57% | 17.91% | 67.09% |
Revenue as Reported | - | 46,165 | 51,310 | 47,536 | - |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.