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CANADIAN SOLAR INC.: 20-F filed 2015-04-23

What CANADIAN SOLAR INC. reported in its annual report (foreign private issuer) filed 2015-04-23 (fiscal FY 2014): 51 published measures, 133 facts as tagged in accession 0001047469-15-003842.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2015-04-23
Fiscal period
fiscal FY 2014
Accession
0001047469-15-003842 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All CANADIAN SOLAR INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2014-12-313,072,423,650USD
At 2013-12-312,453,735,356USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2014-12-312,340,338,972USD
At 2013-12-312,041,289,252USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2014-12-31716,610,999USD
At 2013-12-31390,528,781USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2014-12-31549,543,359USD
At 2013-12-31228,249,512USD
At 2012-12-31141,968,182USD
At 2011-12-31343,994,679USD

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2014-01-01 to 2014-12-3165,140,624USD365
2013-01-01 to 2013-12-3123,131,549USD365
2012-01-01 to 2012-12-3160,481,021USD366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2014-12-3146,998,469USD
At 2013-12-31-192,502,848USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2014-01-01 to 2014-12-3154,408,037shares365
2013-01-01 to 2013-12-3146,306,739shares365
2012-01-01 to 2012-12-3143,190,778shares366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2014-01-01 to 2014-12-3159,354,615shares365
2013-01-01 to 2013-12-3150,388,284shares365
2012-01-01 to 2012-12-3143,190,778shares366

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2014-01-01 to 2014-12-314.4USD/shares365
2013-01-01 to 2013-12-310.68USD/shares365
2012-01-01 to 2012-12-31-4.53USD/shares366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2014-01-01 to 2014-12-314.11USD/shares365
2013-01-01 to 2013-12-310.63USD/shares365
2012-01-01 to 2012-12-31-4.53USD/shares366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2014-01-01 to 2014-12-3177,430,913USD365
2013-01-01 to 2013-12-317,638,786USD365
2012-01-01 to 2012-12-31-5,433,410USD366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2014-12-31469,349,209USD
At 2013-12-31407,604,979USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2014-01-01 to 2014-12-315,087,925USD365
2013-01-01 to 2013-12-316,175,006USD365
2012-01-01 to 2012-12-315,185,242USD366

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2014-01-01 to 2014-12-31366,313,755USD365
2013-01-01 to 2013-12-31130,816,256USD365
2012-01-01 to 2012-12-31-142,515,761USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2014-12-312,315,886,821USD
At 2013-12-311,719,355,606USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2014-01-01 to 2014-12-3148,905,848USD365
2013-01-01 to 2013-12-3146,244,456USD365
2012-01-01 to 2012-12-3153,304,640USD366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2014-12-311,949,265,280USD
At 2013-12-311,778,358,864USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2014-12-31412,937,350USD
At 2013-12-31280,806,420USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2014-12-316,605,795USD
At 2013-12-315,656,933USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2014-12-31366,938,857USD
At 2013-12-31280,693,762USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2014-01-01 to 2014-12-31214,679,621USD365
2013-01-01 to 2013-12-31144,878,715USD365
2012-01-01 to 2012-12-31232,877,191USD366

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2014-12-31432,325,119USD
At 2013-12-31231,157,811USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2014-01-01 to 2014-12-31580,993,376USD365
2013-01-01 to 2013-12-31275,694,971USD365
2012-01-01 to 2012-12-3190,361,430USD366

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2014-01-01 to 2014-12-3112,056,951USD365
2013-01-01 to 2013-12-3111,684,993USD365
2012-01-01 to 2012-12-3112,998,122USD366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2014-12-3155,161,856shares
At 2013-12-3151,034,343shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2014-12-3120,058,063USD
At 2013-12-3153,911,113USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2014-12-31729,574,109USD
At 2013-12-31401,498,321USD
At 2012-12-31301,583,431USD
At 2011-12-31466,977,692USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2014-12-31189,178,112USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2014-12-31764,244,917USD
At 2013-12-31681,451,452USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2014-12-31349,315,817USD
At 2013-12-31283,885,686USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2014-12-3156,629,648USD
At 2013-12-3143,978,760USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2014-12-31142,650,572USD
At 2013-12-3171,108,921USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2014-12-31107,666,182USD
At 2013-12-3192,088,153USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2014-01-01 to 2014-12-31321,316,997USD365
2013-01-01 to 2013-12-3153,203,722USD365
2012-01-01 to 2012-12-31-200,588,507USD366

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2014-01-01 to 2014-12-31243,886,084USD365
2013-01-01 to 2013-12-3145,564,936USD365
2012-01-01 to 2012-12-31-195,155,097USD366

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2014-01-01 to 2014-12-31205,648,267USD365
2013-01-01 to 2013-12-3134,774,860USD365
2012-01-01 to 2012-12-31-190,228,872USD366

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2014-01-01 to 2014-12-31239,501,317USD365
2013-01-01 to 2013-12-3131,659,276USD365
2012-01-01 to 2012-12-31-195,468,691USD366

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2014-01-01 to 2014-12-3176,826,038USD365
2013-01-01 to 2013-12-3144,767,586USD365
2012-01-01 to 2012-12-31128,826,340USD366

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2014-01-01 to 2014-12-3181,068,252USD365
2013-01-01 to 2013-12-3179,726,604USD365
2012-01-01 to 2012-12-3180,644,322USD366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2014-01-01 to 2014-12-3182,627,454USD365
2013-01-01 to 2013-12-3180,821,241USD365
2012-01-01 to 2012-12-3181,398,470USD366

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2014-01-01 to 2014-12-311,559,202USD365
2013-01-01 to 2013-12-311,094,637USD365
2012-01-01 to 2012-12-31754,148USD366

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2014-01-01 to 2014-12-311,623,087USD365
2013-01-01 to 2013-12-31427,560USD365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2014-01-01 to 2014-12-31-45,484,104USD365
2013-01-01 to 2013-12-31-74,548,528USD365
2012-01-01 to 2012-12-31-56,103,440USD366

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2014-01-01 to 2014-12-3146,739,006USD365
2013-01-01 to 2013-12-3111,683,643USD365
2012-01-01 to 2012-12-3115,697,682USD366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2014-01-01 to 2014-12-3130,691,907USD365
2013-01-01 to 2013-12-31-4,044,857USD365
2012-01-01 to 2012-12-31-21,131,092USD366

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2014-01-01 to 2014-12-3147,226,763USD365
2013-01-01 to 2013-12-3147,343,649USD365
2012-01-01 to 2012-12-3153,283,321USD366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2014-01-01 to 2014-12-3114,016,205USD365
2013-01-01 to 2013-12-3123,812,986USD365
2012-01-01 to 2012-12-319,698,512USD366

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2014-01-01 to 2014-12-31115,009,200USD365
2013-01-01 to 2013-12-3150,000,000USD365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2014-01-01 to 2014-12-3173,776,603USD365
2013-01-01 to 2013-12-3111,813,937USD365
2012-01-01 to 2012-12-316,983,739USD366

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2014-01-01 to 2014-12-31252,715,653USD365
2013-01-01 to 2013-12-31-34,666,540USD365
2012-01-01 to 2012-12-31-3,960,749USD366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2014-01-01 to 2014-12-31135,812,141USD365
2013-01-01 to 2013-12-3144,231,082USD365
2012-01-01 to 2012-12-3156,238,301USD366

Inspect the source

Entity
CANADIAN SOLAR INC. / CIK 0001375877
Captured
2026-09-20T07:57:28.752Z
SEC response SHA-256
23fe780204479d06a7d866683ce1e2fd579ca5a97ad456943d693069f5071765

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001375877.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))