Canadian Solar Inc. Files 2024 Annual Report

TL;DR

CSIQ dropped its 2024 20-F, check financials for solar giant.

AI Summary

Canadian Solar Inc. filed its 20-F annual report for the fiscal year ending December 31, 2024. The company, incorporated in A6 and headquartered in Kitchener, Ontario, operates in the Semiconductors & Related Devices sector. Key financial data and operational details for the period are disclosed in this filing.

Why It Matters

This filing provides investors and stakeholders with a comprehensive overview of Canadian Solar's financial performance and operational status for the 2024 fiscal year, crucial for assessing the company's health and future prospects.

Risk Assessment

Risk Level: medium — As a publicly traded company with international operations, Canadian Solar faces inherent market, regulatory, and geopolitical risks detailed within its 20-F filing.

Key Numbers

• 20241231 — Fiscal Year End (Reporting period for the 20-F filing)
• 20250430 — Filing Date (Date the 20-F was submitted to the SEC)

Key Players & Entities

• Canadian Solar Inc. (company) — Filer of the 20-F report
• 0001375877 (company) — Central Index Key for Canadian Solar Inc.
• 4273 KING STREET EAST, SUITE 102, KITCHENER, A6, N2P 2E9 (company) — Business address of Canadian Solar Inc.
• 66 WELLINGTON STREET WEST, SUITE 4100, TORONTO, A6, M5K 1B7 (company) — Mail address of Canadian Solar Inc.
• CsiSolarCoLtdMember (company) — Affiliated entity member

FAQ

From the Filing

0001410578-25-001046.txt : 20250430 0001410578-25-001046.hdr.sgml : 20250430 20250430160605 ACCESSION NUMBER: 0001410578-25-001046 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 153 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250430 DATE AS OF CHANGE: 20250430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canadian Solar Inc. CENTRAL INDEX KEY: 0001375877 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-33107 FILM NUMBER: 25894971 BUSINESS ADDRESS: STREET 1: 4273 KING STREET EAST, SUITE 102 CITY: KITCHENER STATE: A6 ZIP: N2P 2E9 BUSINESS PHONE: 519-837-1881 MAIL ADDRESS: STREET 1: 66 WELLINGTON STREET WEST STREET 2: SUITE 4100 CITY: TORONTO STATE: A6 ZIP: M5K 1B7 20-F 1 csiq-20241231x20f.htm 20-F CANADIAN SOLAR INC._December 31, 2024 0001375877 2024 FY false http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/srt/2024#AffiliatedEntityMember http://fasb.org/srt/2024#AffiliatedEntityMember http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2024#RevenueFromContractWithCustomerIncludingAssessedTax P5Y http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent P1Y 0.30 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent P1Y 0.25 0001375877 csiq:CsiSolarCoLtdMember us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001375877 csiq:CsiSolarCoLtdMember us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001375877 csiq:CsiSolarCoLtdMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001375877 csiq:CsiSolarCoLtdMember 2023-01-01 2023-12-31 0001375877 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001375877 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001375877 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001375877 us-gaap:RetainedEarningsMember 2024-12-31 0001375877 us-gaap:ParentMember 2024-12-31 0001375877 us-gaap:NoncontrollingInterestMember 2024-12-31 0001375877 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001375877 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 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 csiq:CsiSolarCoLtdMember csiq:CsiSolarRestrictedShareIncentiveMember 2024-11-30 0001375877 2010-09-30 0001375877 us-gaap:RestrictedStockUnitsRSUMember us-gaap:ShareBasedPaymentArrangementEmployeeMember 2024-12-31 0001375877 us-gaap:RestrictedStockUnitsRSUMember 2023-01-01 2023-12-31 0001375877 us-gaap:RestrictedStockUnitsRSUMember 2022-01-01 2022-12-31 0001375877 us-gaap:RestrictedStockUnitsRSUMemb