Canadian Solar Files 2023 Annual Report

Ticker: CSIQ · Form: 20-F · Filed: 2024-04-26T00:00:00.000Z

Sentiment: neutral

Topics: annual-report, financials, solar-energy

Related Tickers: CSIQ

TL;DR

CSIQ dropped its 2023 20-F, check financials.

AI Summary

Canadian Solar Inc. filed its 20-F annual report for the fiscal year ending December 31, 2023. The filing provides comprehensive financial and operational details for the company, which operates in the semiconductors and related devices industry. Key financial data and disclosures are included, reflecting the company's performance and strategic positioning.

Why It Matters

This filing provides investors and analysts with a detailed overview of Canadian Solar's financial health and business operations for 2023, crucial for understanding its performance in the renewable energy sector.

Risk Assessment

Risk Level: medium — As a global manufacturer in a dynamic industry, Canadian Solar faces inherent risks related to market fluctuations, supply chain disruptions, and regulatory changes.

Key Numbers

Key Players & Entities

FAQ

What was Canadian Solar Inc.'s total revenue from contracts with customers for the fiscal year 2023?

The filing indicates revenue from contracts with customers, but the specific total dollar amount for FY 2023 is not explicitly stated in the provided snippet.

What is the net value of Canadian Solar's Property, Plant and Equipment as of December 31, 2023?

The net value of Property, Plant and Equipment was $64,506,055 as of December 31, 2023.

What are the company's current other liabilities as of the end of the fiscal year 2023?

The company's current other liabilities were $66,158,741 as of December 31, 2023.

What is Canadian Solar Inc.'s SEC file number?

Canadian Solar Inc.'s SEC file number is 001-33107.

When was the 20-F filing submitted to the SEC?

The 20-F filing was submitted to the SEC on April 26, 2024.

From the Filing

0001104659-24-052464.txt : 20240426 0001104659-24-052464.hdr.sgml : 20240426 20240426080649 ACCESSION NUMBER: 0001104659-24-052464 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 148 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240426 DATE AS OF CHANGE: 20240426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canadian Solar Inc. CENTRAL INDEX KEY: 0001375877 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-33107 FILM NUMBER: 24878897 BUSINESS ADDRESS: STREET 1: 545 SPEEDVALE AVENUE WEST CITY: GUELPH STATE: A6 ZIP: N1K 1E6 BUSINESS PHONE: 416-365-1110 MAIL ADDRESS: STREET 1: 66 WELLINGTON STREET WEST STREET 2: SUITE 4100 CITY: TORONTO STATE: A6 ZIP: M5K 1B7 20-F 1 csiq-20231231x20f.htm FORM 20-F 0001375877 2023 FY false http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/srt/2023#AffiliatedEntityMember http://fasb.org/srt/2023#AffiliatedEntityMember http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent P1Y 0.25 64506055 66158741 0001375877 csiq:CsiSolarCo.Ltd.Member us-gaap:NoncontrollingInterestMember 2023-06-09 2023-06-09 0001375877 csiq:CsiSolarCo.Ltd.Member us-gaap:AdditionalPaidInCapitalMember 2023-06-09 2023-06-09 0001375877 csiq:CsiSolarCo.Ltd.Member us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-09 2023-06-09 0001375877 csiq:CsiSolarCo.Ltd.Member 2023-06-09 2023-06-09 0001375877 csiq:LeadingInstitutionalInvestorsAndStrategicPartnersMember csiq:CanadianSolarMember csiq:CsiSolarEmployeeIncentivePlan2020Member 2023-01-01 2023-12-31 0001375877 us-gaap:EmployeeStockOptionMember us-gaap:ShareBasedPaymentArrangementEmployeeMember 2022-01-01 2022-12-31 0001375877 us-gaap:EmployeeStockOptionMember us-gaap:ShareBasedPaymentArrangementEmployeeMember 2021-01-01 2021-12-31 0001375877 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001375877 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001375877 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001375877 us-gaap:RetainedEarningsMember 2023-12-31 0001375877 us-gaap:ParentMember 2023-12-31 0001375877 us-gaap:NoncontrollingInterestMember 2023-12-31 0001375877 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001375877 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001375877 us-gaap:RetainedEarningsMember 2022-12-31 0001375877 us-gaap:ParentMember 2022-12-31 0001375877 us-gaap:NoncontrollingInterestMember 2022-12-31 0001375877 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001375877 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001375877 us-gaap:RetainedEarningsMember 2021-12-31 0001375877 us-gaap:ParentMember 2021-12-31 0001375877 us-gaap:NoncontrollingInterestMember 2021-12-31 0001375877 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001375877 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001375877 us-gaap:RetainedEarningsMember 2020-12-31 0001375877 us-gaap:ParentMember 2020-12-31 0001375877 us-gaap:NoncontrollingInterestMember 2020-12-31 0001375877 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001375877 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001375877 us-gaap:EmployeeStockOptionMember us-gaap:ShareBasedPaymentArrangementEmployeeMember 2023-01-01 2023-12-31 00013

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