CSI Solar Ratios and Metrics

Market cap in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 26, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	51,392	46,324	46,582	-	-	-
Market Cap Growth	25.08%	-0.55%	-	-	-	-
Enterprise Value	57,276	48,345	40,688	-	-	-
Last Close Price	14.45	12.43	12.34	-	-	-
PE Ratio	41.33	20.61	16.04	-	-	-
Forward PE	19.88	13.45	9.39	-	-	-
PS Ratio	1.19	1.00	0.91	-	-	-
PB Ratio	2.19	2.03	2.17	-	-	-
P/TBV Ratio	2.27	2.10	2.26	-	-	-
P/FCF Ratio	-	-	1526.08	-	-	-
P/OCF Ratio	9.47	19.06	5.66	-	-	-
EV/Sales Ratio	1.32	1.05	0.79	-	-	-
EV/EBITDA Ratio	9.16	7.95	7.63	-	-	-
EV/EBIT Ratio	28.05	16.55	12.43	-	-	-
EV/FCF Ratio	-49.00	-	1332.97	-	-	-
Debt / Equity Ratio	0.88	0.79	0.65	0.75	0.83	0.58
Debt / EBITDA Ratio	3.29	2.85	2.54	2.14	3.91	1.58
Debt / FCF Ratio	-	-	453.81	6.09	-	1.33
Net Debt / Equity Ratio	0.25	0.19	-0.24	-0.28	0.05	-0.36
Net Debt / EBITDA Ratio	0.98	0.70	-0.98	-0.82	0.23	-0.98
Net Debt / FCF Ratio	-5.04	-0.78	-170.53	-2.29	-0.10	-0.83
Asset Turnover	0.64	0.70	0.90	1.15	0.88	0.76
Inventory Turnover	4.77	5.39	5.33	5.33	4.91	3.69
Quick Ratio	0.83	0.85	0.78	0.65	0.58	0.73
Current Ratio	1.15	1.14	1.05	1.02	1.03	1.12
Return on Equity (ROE)	5.69%	10.08%	17.38%	20.28%	0.45%	18.23%
Return on Assets (ROA)	1.88%	2.78%	3.59%	3.81%	0.50%	4.09%
Return on Invested Capital (ROIC)	6.95%	11.66%	23.97%	22.49%	1.03%	24.95%
Return on Capital Employed (ROCE)	5.70%	8.70%	11.40%	15.50%	2.10%	16.20%
Earnings Yield	2.49%	4.85%	6.23%	-	-	-
FCF Yield	-2.27%	-11.74%	0.07%	-	-	-
Dividend Yield	0.65%	0.75%	0.97%	-	-	-
Payout Ratio	63.86%	37.00%	15.19%	16.66%	449.96%	75.19%
Buyback Yield / Dilution	1.84%	-7.86%	-10.86%	-0.50%	-6.30%	-
Total Shareholder Return	2.47%	-7.11%	-9.89%	-0.50%	-6.30%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.