What is the Return on Assets (ROA) of Canadian Solar this year?
The Return on Assets (ROA) of Canadian Solar is 0.02 undefined this year.
Canadian Solar ROA 2024
Canadian Solar ROA
0.02
Ticker
CSIQ
ISIN
CA1366351098
WKN
A0LCUY
In 2024, Canadian Solar's return on assets (ROA) was 0.02, a -13.21% increase from the 0.03 ROA in the previous year.
Canadian Solar Aktienanalyse
What does Canadian Solar do?
Canadian Solar Inc. is a globally leading manufacturer of solar cells, solar modules, and solar systems headquartered in Ontario, Canada. The company was founded in 2001 by Dr. Shawn Qu and currently employs over 13,000 staff in 20 countries. Canadian Solar offers a wide range of products and services for the solar energy industry, focusing on research and development, production, sales, and service. The company specializes in the manufacturing of crystalline solar modules, thin-film solar cells, systems and installations, as well as photovoltaic systems for residential and commercial use. Canadian Solar has advanced production facilities in China, South Korea, Thailand, and Canada, utilizing innovative technologies to continuously improve the efficiency and performance of its products. The company takes pride in providing customers worldwide with customized products and services tailored to their specific needs. With an impressive track record of implementing solar energy projects globally, Canadian Solar has a global presence and the capability to undertake complex projects worldwide. The company is committed to advancing the solar industry and making the world a more sustainable place. It collaborates closely with customers, partners, and governments to develop innovative technologies and explore new markets. Canadian Solar's clear vision is based on three pillars: innovation, sustainability, and customer satisfaction. The company aims to improve existing technologies while developing new solutions to further advance the industry. In the future, Canadian Solar will continue to play a crucial role in the global solar energy industry, increasing investments in research and development, expanding production capacities, and promoting the use of solar energy worldwide. Overall, Canadian Solar Inc. has made a significant contribution to the solar energy industry with its high-quality products, innovative technologies, and commitment to sustainability. It will continue to play an important role in the future. Canadian Solar ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Canadian Solar's Return on Assets (ROA)
Canadian Solar's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Canadian Solar's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Canadian Solar's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Canadian Solar’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Canadian Solar Stock
What was the ROA of Canadian Solar compared to the previous year?
The ROA of Canadian Solar has increased by -13.21% compared to the previous year.
What consequences do high ROA have for investors of Canadian Solar?
A high ROA is advantageous for investors of Canadian Solar, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Canadian Solar?
A low ROA can be unfavorable for investors of Canadian Solar as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Canadian Solar affect the company?
An increase in ROA of Canadian Solar can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Canadian Solar impact the company?
A reduction in the ROA of Canadian Solar can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Canadian Solar?
Some factors that can influence the ROA of Canadian Solar include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Canadian Solar important for investors?
The ROA of Canadian Solar is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Canadian Solar take to improve ROA?
To improve ROA, Canadian Solar can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Canadian Solar pay?
Over the past 12 months, Canadian Solar paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Canadian Solar is expected to pay a dividend of 0 USD.
What is the dividend yield of Canadian Solar?
The current dividend yield of Canadian Solar is .
When does Canadian Solar pay dividends?
Canadian Solar pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Canadian Solar?
Canadian Solar paid dividends every year for the past 0 years.
What is the dividend of Canadian Solar?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Canadian Solar located?
Canadian Solar is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Canadian Solar kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Canadian Solar from 6/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.
When did Canadian Solar pay the last dividend?
The last dividend was paid out on 6/27/2024.
What was the dividend of Canadian Solar in the year 2023?
In the year 2023, Canadian Solar distributed 0 USD as dividends.
In which currency does Canadian Solar pay out the dividend?
The dividends of Canadian Solar are distributed in USD.
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Andere Kennzahlen von Canadian Solar
Our stock analysis for Canadian Solar Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Solar Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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