Canadian Solar (CSIQ) Gains from Equity Investments (2022 - 2024)
Canadian Solar (CSIQ) reported Gains from Equity Investments of $27.42 million for Q2 2024, down 86.1% from $197.54 million a year earlier and down 24.3% from the prior quarter.
Canadian Solar (CSIQ) Gains from Equity Investments (2022 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Canadian Solar's Gains from Equity Investments came in at $122.92 million, down 75.7% year-over-year; for FY2023, it was $363.63 million, up 21.8% from FY2022.
- Gains from Equity Investments has a five-year compound annual growth rate of 8.4% (FY2018 to FY2023).
- By year, Gains from Equity Investments came in at $298.56 million in FY2022 (+171.7%), $109.88 million in FY2021 (-25.4%), $147.25 million in FY2020 (-11.6%) and $166.56 million in FY2019 (-31.3%).
- Five-year quarterly Gains from Equity Investments spans a low of -$3.2 million in Q4 2023 and a high of $197.54 million in Q2 2023.
- Year over year, Gains from Equity Investments gained in 1 of the last four quarters, with an average decline of 17.0%.
- Per Business Quant data, the three quarters before Q2 2024 came in at $36.22 million (Q1 2024), -$3.2 million (Q4 2023) and $62.47 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn |
| 10 | Canadian Solar | 758.80 Mn | -5.05 Bn | 168.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 27.42 Mn |
| Mar 31, 2024 | 36.22 Mn |
| Dec 31, 2023 | -3.20 Mn |
| Sep 30, 2023 | 62.47 Mn |
| Jun 30, 2023 | 197.54 Mn |
| Mar 31, 2023 | 106.83 Mn |
| Dec 31, 2022 | 98.82 Mn |
| Sep 30, 2022 | 102.24 Mn |
| Jun 30, 2022 | 88.56 Mn |
Canadian Solar Gains from Equity Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=CSIQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();