Canadian Solar Inc Profit margin
What is the Profit margin of Canadian Solar Inc?
The Profit margin of Canadian Solar Inc is 3.60%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Utilities sector on NASDAQ compared to Canadian Solar Inc
What does Canadian Solar Inc do?
canadian solar inc. (csi) designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity for a variety of uses. the company conducts all of its manufacturing operations in china. the company's products include a range of standard solar modules built to general specifications for use in a range of residential, commercial and industrial solar power generation systems. it also designs and produces specialty solar modules and products based on its customers' requirements. specialty solar modules and products consist of customized modules that its customers incorporate into their own products, such as solar-powered bus stop lighting, and complete specialty products, such as solar-powered car battery chargers. it sells its products under its canadian solar brand name and to original equipment manufacturing (oem) customers under their brand names.
Companies with profit margin similar to Canadian Solar Inc
- Orcoda has Profit margin of 3.60%
- Haldyn Glass has Profit margin of 3.60%
- Cross Country Healthcares has Profit margin of 3.60%
- Satin Creditcare Network has Profit margin of 3.60%
- Akumin Inc has Profit margin of 3.60%
- Elbit Systems has Profit margin of 3.60%
- Canadian Solar Inc has Profit margin of 3.60%
- Heritage Foods has Profit margin of 3.60%
- NRW has Profit margin of 3.60%
- Seneca Foods has Profit margin of 3.61%
- GPT Infraprojects has Profit margin of 3.61%
- First American Corp has Profit margin of 3.61%
- Stolt-Nielsen has Profit margin of 3.61%