Financial Statements

Canadian Solar Inc. (CSIQ)

$31.3

+0.99 (+3.27%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 940794622384-
Net Income 95147172237100
Stock Dividends --14294
Dividend Paid ---1-3-10
Retained Earnings 1,036940794622384

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,3431,137940811-
Annual Depreciation 2035414884451,122
Capital Expenditure --335-291-316-311
Net PPE 1,5451,3431,137940811

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -61--
New Purchases -----
Intangible and Goodwill 61---

Canadian Solar Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Canadian Solar Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.