China Solar & Clean Energy Solutions, Inc. (CSOL)
China Solar & Clean Energy Solutions, Inc. (CSOL) is an enterprise focused on delivering comprehensive renewable energy solutions to industrial enterprises and property developers, both within China and internationally. Its portfolio encompasses various clean energy offerings, including solar water heating systems (both evacuated tubular and flat plate designs) and biomass-fueled stoves. The company also supplies diverse space heating solutions. A significant part of CSOL's expertise lies in industrial waste heat recovery. This segment includes advanced systems such as hot tube heat exchangers, high-temperature hot air furnaces, heat pipe evaporators, and constant pressure hot water boilers. Furthermore, it incorporates environmental controls like dust removal and desulfurization systems. Beyond waste heat, CSOL provides a range of general heating products, from specialized heating pipes and tubes, heat exchangers, high-temperature hot blast stoves, and heating filters, to normal pressure water boilers and radiators. The company also manufactures smokeless coal-fired boilers and bio-materials furnaces. Additionally, CSOL supplies densely covered regular tubular heaters, offers replacement parts for its equipment, and provides essential after-sales maintenance and repair services. Its products are distributed through an extensive network comprising distributors, wholesalers, sales agents, and retailers. The company maintains its headquarters in Lake Mary, Florida.
Sector: Electrical Equipment & Parts
Industry: Electrical Equipment & Parts
China Solar & Clean Energy Solutions, Inc.
OTC:CSOLIndustrials · Electrical Equipment & Parts
+0.00%$0.0189
Mkt Cap$1.65M
Float16.52M
O/S87.23M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$134K
Net Income$37K
Total Assets$471K
Free Cash Flow-$6.11M
Debt & Equity
Debt 121%
Total Debt$151K
Total Equity-$26K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CSOL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$471K
Liabilities$498K
Accounts Receivable$0
Accounts Payable$346K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 |
| Revenue | $134K | $0 | $0 | $16.52M | $28.54M | $26.32M | $53.68M | $37.07M | $21.47M | $15.58M | $0 | $27K | $0 | $100K | $0 |
| YoY Growth | - | - | - | -42.1% | 8.5% | -51.0% | 44.8% | 72.7% | 37.8% | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $13.36M | $21.89M | $18.86M | $44.36M | $28.77M | $16.84M | $11.87M | $0 | $0 | $0 | $0 | $1K |
| Gross Profit | $0 | $0 | $0 | $3.16M | $6.65M | $7.45M | $9.32M | $8.3M | $4.63M | $3.71M | $0 | $27K | $0 | $100K | -$1K |
| Gross Margin | - | - | - | 19.1% | 23.3% | 28.3% | 17.4% | 22.4% | 21.5% | 23.8% | - | 100.0% | - | 100.0% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30K | $25K | $7K | $0 |
| Selling, General, and Administrative | $89K | $17K | $18K | $3.61M | $5.13M | $6.24M | $8.12M | $4.83M | $3.26M | $2.37M | $308K | $413K | $587K | $602K | $642K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $89K | $17K | $18K | $3.61M | $5.63M | $6.63M | $9.08M | $5.11M | $3.41M | $2.39M | $308K | $443K | $611K | $608K | $642K |
| Operating Income (EBIT) | $45K | -$17K | -$18K | -$445K | $1.02M | $826K | $242K | $3.19M | $1.21M | $1.32M | -$308K | -$415K | -$611K | -$508K | -$643K |
| Operating Margin | 33.4% | - | - | -2.7% | 3.6% | 3.1% | 0.5% | 8.6% | 5.6% | 8.5% | - | -1531.3% | - | -508.4% | - |
| Interest Expense | $8K | $0 | $0 | $327K | $385K | $219K | $292K | $65K | $17K | $21K | $0 | $198K | $370K | $338K | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $5K | $262K | $0 | $0 | $0 | $70 | $284 | $3K | $4K | $0 |
| Other Income (Expense) | -$8K | $0 | $0 | -$192K | -$397K | $503K | -$3.33M | $155K | $29K | -$21K | $70 | -$197K | $6K | -$334K | $643K |
| Income Before Tax (EBT) | $37K | -$17K | -$18K | -$637K | $628K | $1.33M | -$3.15M | $3.34M | $1.24M | $1.3M | -$308K | -$613K | -$605K | -$843K | $0 |
| Income Tax Expense | $0 | $0 | $0 | $87K | $158K | $266K | $193K | $615K | $0 | $0 | $0 | $0 | $361K | $0 | $1M |
| Net Income | $37K | -$17K | -$18K | -$53.14M | $404K | $1.07M | -$4.16M | $2.53M | $1.24M | $1.3M | -$308K | -$613K | -$972K | $563K | -$1M |
| Net Income Margin | 27.8% | - | - | -321.7% | 1.4% | 4.1% | -7.8% | 6.8% | 5.8% | 8.3% | - | -2258.9% | - | 562.7% | - |
| Supplementary Data | |||||||||||||||
| EPS | 0.00 | -0.00 | -0.00 | -3.49 | 0.03 | 0.08 | -0.34 | 0.25 | 0.20 | 0.23 | -11.37 | -23.64 | -38.56 | 23.96 | -47.70 |
| Diluted EPS | 0.00 | -0.00 | -0.00 | -3.49 | 0.03 | 0.08 | -0.34 | 0.24 | 0.18 | 0.17 | -11.37 | -23.64 | -38.56 | 23.96 | -47.70 |
| Weighted Average OS | 85.23M | 75.23M | 55.23M | 15.23M | 15.23M | 15.82M | 12.16M | 6.21M | 6.21M | 5.73M | 27,076 | 25,924 | 25,209 | 23,487 | 21,012 |
| EBITDA | $45K | -$17K | -$18K | $67K | $1.76M | $1.55M | -$3.5M | $3.51M | $1.39M | $1.42M | -$306K | -$414K | -$616K | -$507K | -$643K |
| EBITDA Margin | 33.4% | - | - | 0.4% | 6.2% | 5.9% | -6.5% | 9.5% | 6.5% | 9.1% | - | -1526.4% | - | -507.3% | - |
Balance Sheet
| Period | FY 2025 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $55K | $5.05M | $4.98M | $2.4M | $5.47M | $3.21M | $5.63M | $14K | $10K | $32K | $162K | $115K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $55K | $5.05M | $4.98M | $2.4M | $5.47M | $3.21M | $5.63M | $14K | $10K | $32K | $162K | $115K |
| Accounts Receivable | $0 | $11.51M | $9.8M | $11.32M | $7.45M | $870K | $1.4M | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $7.81M | $4.55M | $6.95M | $3.88M | $316K | $383K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $746K | $588K | $0 | $1.39M | $1.01M | $0 | $3K | $0 | $0 | $0 | $600 |
| Total Current Assets | $55K | $25.98M | $19.92M | $24.67M | $18.43M | $5.46M | $7.46M | $17K | $10K | $32K | $162K | $115K |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $0 | $13.71M | $13.78M | $15.37M | $8.82M | $5.93M | $3.29M | $0 | $323 | $1K | $2K | -$135K |
| Goodwill | $0 | $2.03M | $1.97M | $2.28M | $1.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $1.6M | $1.59M | $3.6M | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $2K |
| Long-Term Investments | $0 | $4.34M | $3.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $417K | $0 | $0 | $655K | $0 | $1.33M | $153K | $8K | $8K | $8K | $8K | $135K |
| Total Long-Term Assets | $417K | $21.67M | $21.15M | $21.9M | $12.21M | $7.25M | $3.44M | $8K | $8K | $10K | $10K | $2K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $471K | $47.65M | $41.07M | $46.57M | $30.64M | $12.72M | $10.9M | $24K | $18K | $41K | $172K | $118K |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $346K | $3M | $1.6M | $1.15M | $2.11M | $148K | $89K | $248K | $262K | $261K | $264K | $1.25M |
| Short-Term Debt | $56K | $755K | $1.27M | $739K | $0 | $0 | $130K | $0 | $0 | $0 | $0 | $71K |
| Current Income Tax Payable | $0 | $863K | $1.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $12.67M | $0 | $1.16M | $795K | $0 | $2K | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $14.35M | $9.46M | $10.97M | $8.26M | $321K | $56K | $5K | $5K | $4K | $3.94M | $6.73M |
| Total Current Liabilities | $403K | $19.61M | $14.12M | $15.92M | $11.77M | $491K | $277K | $8K | $8K | $8K | $7.02M | $8.06M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $95K | $0 | $156K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $95K | $0 | $156K | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $498K | $19.61M | $14.28M | $15.94M | $11.77M | $491K | $277K | $8.17M | $8.08M | $7.6M | $7.02M | $8.06M |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $373 | $2K | $6K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $85K | $15K | $15K | $14K | $6K | $6K | $6K | $160K | $159K | $153K | $149K | $131K |
| Retained Earnings | -$23.07M | $3.5M | $3.1M | $3.37M | $7.53M | $5.98M | $4.74M | -$17.23M | -$17.07M | -$16.46M | -$15.49M | -$15.86M |
| Comprehensive Income & Other | $0 | $1.49M | $693K | $2.58M | $1.13M | $534K | $175K | -$165K | -$165K | -$165K | -$213K | $0 |
| Other Stockholders' Equity | $22.95M | $24.1M | $23.3M | $25.54M | $10.4M | $6.24M | $5.88M | $8.72M | $8.67M | $8.56M | $8.3M | $7.6M |
| Total Equity | -$26K | $27.62M | $26.42M | $28.92M | $17.93M | $12.23M | $10.63M | -$8.34M | -$8.25M | -$7.75M | -$7.04M | -$8.13M |
| Minority Interest | $0 | $429K | $364K | $1.7M | $936K | $0 | $0 | $191K | $191K | $191K | $191K | $191K |
| Total Liabilities and Equity | $471K | $47.22M | $40.7M | $44.86M | $29.7M | $12.72M | $10.9M | -$167K | -$173K | -$150K | -$20K | -$74K |
| Supplementary Data | ||||||||||||
| Total Debt | $151K | $755K | $1.42M | $0 | $0 | $0 | $130K | $0 | $0 | $0 | $0 | $71K |
| Net Debt | $97K | -$4.29M | -$3.56M | -$2.4M | -$5.47M | -$3.21M | -$5.5M | -$14K | -$10K | -$32K | -$162K | -$44K |
Cash Flow Statement
| Period | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 |
| Operating Activities | ||||||||||||
| Net Income | -$724K | $404K | $1.59M | -$4.16M | $2.53M | $1.24M | $1.3M | -$308K | -$613K | -$972K | $563K | -$1M |
| Depreciation & Amortization | $377K | $780K | $723K | $1.28M | $324K | $178K | $100K | $1K | $1K | $1K | $1K | $0 |
| Deferred Income Tax | $0 | -$157K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $0 | -$1.69M | -$3.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | -$3.12M | $1.81M | -$3.31M | -$3.56M | $67K | -$8K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $1.35M | $453K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $2.9M | $176K | -$2.12M | $4.73M | -$155K | -$1.43M | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | -$2.01M | -$979K | -$5.43M | $1.17M | -$88K | -$1.43M | $215K | $251K | $207K | $18K | $181K |
| Other Non-Cash Items | -$4.88M | $32K | -$354K | $3.68M | $650K | -$77K | $105K | $0 | $245K | $426K | -$711K | $1.94M |
| Net Cash from Operating | -$5.98M | -$952K | $975K | -$4.64M | $4.67M | $1.25M | $70K | -$92K | -$116K | -$338K | -$130K | $1.12M |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$123K | -$242K | -$484K | -$8.35M | -$4.93M | -$3.75M | -$845K | -$2K | $0 | -$393 | -$3K | $0 |
| Acquisitions | $0 | $0 | $2.63M | -$662K | -$489K | -$256K | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$123K | -$242K | $2.14M | -$9.01M | -$5.42M | -$4M | -$845K | -$2K | $0 | -$393 | -$3K | $0 |
| Financing Activities | ||||||||||||
| Debt Repaid | - | -$640K | - | - | - | - | -$105K | -$243K | - | - | $44K | -$309K |
| Common Stock Issuance | $0 | $0 | $0 | $10.1M | $2.58M | $0 | $4.88M | $142K | $64K | $194K | $300K | $7K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$156K | $0 | $0 | $0 | $0 |
| Other Financing Activities | $768K | -$148K | $51K | $0 | $0 | $105K | $0 | -$555K | $30K | $15K | -$77K | $622K |
| Net Cash from Financing | $768K | $1.25M | $51K | $10.1M | $2.4M | -$25K | $4.99M | $142K | $94K | $209K | $180K | $938K |
| Forex Effect | $0 | $14K | -$11K | $481K | $600K | $359K | $175K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$5.34M | $67K | $3.16M | -$3.06M | $2.25M | -$2.42M | $4.39M | $49K | -$22K | -$130K | $47K | $2.06M |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | -$5.98M | -$952K | $975K | -$4.64M | $4.67M | $1.25M | $70K | -$92K | -$116K | -$338K | -$130K | $1.12M |
| Capital Expenditure | -$123K | -$242K | -$484K | -$8.35M | -$4.93M | -$3.75M | -$845K | -$2K | $0 | -$393 | -$3K | $0 |
| Free Cash Flow | -$6.11M | -$1.19M | $491K | -$12.98M | -$257K | -$2.5M | -$775K | -$93K | -$116K | -$338K | -$133K | $1.12M |
| Cash at Beginning | $0 | $4.98M | $1.82M | $5.47M | $3.21M | $5.63M | $1.24M | $10K | $32K | $162K | $115K | -$1.94M |
| Cash at End | -$5.34M | $5.05M | $4.98M | $2.4M | $5.47M | $3.21M | $5.63M | $59K | $10K | $32K | $162K | $115K |