Canadian Solar Inc. (CSIQ) Form 6-K — Oct 29, 2026
CSI Solar, the ~64%-owned subsidiary of Canadian Solar, reported a Q3 2026 net loss attributable to shareholders of RMB 394.9 million, a 253% decline year-over-year, with basic EPS of negative RMB 0.11 per share. Q3 operating revenue fell 42.63% to RMB 5.86 billion as intensifying competition and falling solar product prices outweighed insufficient growth in the energy storage segment. Year-to-date operating cash flow turned negative at RMB -119.5 million, down 102% from a year earlier. The balance sheet shows strain: monetary funds declined to RMB 7.96 billion from RMB 11.47 billion at year-end while short-term borrowings rose to RMB 7.03 billion.
Key figures
- Eps
- -0.11 RMB/share (Q3 basic and diluted); -0.03 RMB/share (9M)
- Revenue
- RMB 5,862,796,815.70 (Q3 2026)
- Net Income
- RMB -394,859,604.02 (Q3 attributable); RMB -95,260,650.29 (9M attributable)
- Total Debt
- RMB 36,288,195,132.64 total liabilities
- Revenue Yoy
- -42.63% (Q3); -40.37% (9M 2026)
- Total Assets
- RMB 58,250,893,426.64
- Cash Position
- RMB 7,963,687,067.66 monetary funds (Sep 30, 2026); RMB 6,667,341,489.43 cash and cash equivalents
- Total profit q3
- RMB -483,050,106.11
- Rd expenditure q3
- RMB 138,483,269.19
- Repurchase amount
- RMB 365,291,813.71
- Shares repurchased
- 37,791,085 shares (1.04% of share capital)
- Csi solar ownership
- ~64% owned by Canadian Solar
- Equity attributable
- RMB 21,909,720,544.98
- Operating cash flow 9m
- RMB -119,535,246.80
- Operating cash flow q3
- RMB 774,500,475.28
- Repurchase price range
- RMB 8.16 - 11.35 per share
AI analysis
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