CSI Solar Co., Ltd. (SHA:688472)
China · Delayed Price · Currency is CNY 8.21
-0.14 (-1.68%)
Sep 14, 2026, 3:00 PM CST
CSI Solar Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 584.37 | 1,016 | 2,247 | 2,903 | 2,157 | 34.98 |
Depreciation & Amortization | 3,171 | 3,678 | 3,413 | 2,170 | 1,578 | 1,750 |
Other Amortization | 203.32 | 311.66 | 118.3 | 47.34 | 60 | 50.99 |
Loss (Gain) From Sale of Assets | -242.2 | -92.78 | 3.26 | -37.1 | -40.64 | -7.2 |
Asset Writedown & Restructuring Costs | 140.71 | 445.52 | 494.73 | 63.51 | 480.31 | 109.26 |
Loss (Gain) From Sale of Investments | -713.36 | 31.66 | 129.04 | 107.07 | 167.59 | -276.75 |
Stock-Based Compensation | 50.01 | 101.02 | 25.53 | 26.26 | 38.49 | 89.81 |
Provision & Write-off of Bad Debts | 91.55 | 167.6 | 106.32 | 55.95 | 36.97 | 52.56 |
Other Operating Activities | 539 | 1,065 | 1,568 | 1,223 | 421.03 | 316.65 |
Change in Accounts Receivable | -1,769 | -249.16 | -1,241 | 1,219 | -5,991 | -3,111 |
Change in Inventory | 2,202 | 944.76 | -451.1 | 541.82 | -2,516 | -3,047 |
Change in Accounts Payable | -2,431 | -122.94 | -3,396 | 136.18 | 9,257 | 2,682 |
Change in Other Net Operating Assets | 409.18 | 409.18 | 66.74 | 163.17 | 245.47 | -73.51 |
Operating Cash Flow | 2,399 | 7,075 | 2,430 | 8,235 | 5,662 | -1,665 |
Operating Cash Flow Growth | -49.45% | 191.13% | -70.49% | 45.43% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -5,369 | -6,812 | -7,868 | -8,204 | -4,222 | -2,843 |
Sale of Property, Plant & Equipment | 445.52 | 61.55 | 49.38 | 43.71 | 39.04 | 32.26 |
Divestitures | 109.83 | -105.12 | 18.55 | 1.03 | 392.09 | 241.88 |
Investment in Securities | 308.66 | -302.45 | -2,390 | -936.12 | -500.23 | 154.02 |
Other Investing Activities | 259.24 | 162.54 | 201.49 | 384.6 | 272.79 | 27.66 |
Investing Cash Flow | -3,380 | -7,030 | -9,989 | -8,711 | -4,019 | -2,388 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 8,127 | 10,208 | 13,535 | 9,677 | 9,715 |
Long-Term Debt Repaid | - | -7,624 | -6,716 | -9,926 | -9,429 | -7,530 |
Lease Payments | -139.8 | -217.11 | -264.04 | -66.79 | -50.11 | - |
Net Debt Issued (Repaid) | -1,181 | 502.93 | 3,493 | 3,609 | 247.08 | 2,185 |
Issuance of Common Stock | 67.5 | 45.05 | - | 6,737 | - | - |
Repurchase of Common Stock | -272.74 | -500.75 | -566.35 | - | - | - |
Common Dividends Paid | -811.55 | -870.46 | -831.42 | -440.93 | -359.23 | -157.41 |
Other Financing Activities | 1,096 | 1,476 | 1,443 | -2,710 | -267.23 | -83.74 |
Financing Cash Flow | -1,102 | 652.47 | 3,538 | 7,194 | -379.38 | 1,944 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -340.44 | -51.09 | -28.18 | 8.33 | 131.15 | -64.88 |
Net Cash Flow | -2,422 | 646.7 | -4,049 | 6,726 | 1,395 | -2,174 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -2,970 | 263.36 | -5,438 | 30.52 | 1,440 | -4,508 |
Free Cash Flow Growth | - | - | - | -97.88% | - | - |
Free Cash Flow Margin | -9.28% | 0.65% | -11.78% | 0.06% | 3.03% | -16.10% |
Free Cash Flow Per Share | -0.81 | 0.07 | -1.48 | 0.01 | 0.47 | -1.47 |
Levered Free Cash Flow | -5,250 | -5,272 | -11,737 | -1,598 | 4,739 | -4,027 |
Unlevered Free Cash Flow | -4,810 | -4,772 | -11,433 | -1,317 | 4,967 | -3,864 |
Free Cash Flow After Leases | -3,109 | 46.25 | -5,702 | -36.27 | 1,390 | -4,508 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | - | - | - | - | - | 26.62 |
Cash Income Tax Paid | 1,472 | 1,626 | 2,104 | 1,522 | 897.56 | 577.83 |
Change in Working Capital | -1,425 | 352.22 | -5,675 | 1,675 | 763.45 | -3,785 |