FSLR - First Solar, Inc.
NASDAQ
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Technology
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Solar
Tempe,
United States
Type: Equity
FSLR price evolution
FSLR
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $602.75 | $1702.91 | $1682.08 | $1946.99 |
| Short term investments | $37.43 | $308.02 | $155.5 | |
| Net receivables | $904.06 | $647.57 | $669.75 | $660.78 |
| Inventory | $1250.63 | $1301.85 | $1235.9 | $1086.8 |
| Total current assets | $3818.1 | $3948.92 | $4241.39 | $4634.81 |
| Long term investments | $200.24 | $194.48 | $198.31 | |
| Property, plant & equipment | $5473.79 | $5139 | $4915.69 | $4397.28 |
| Goodwill & intangible assets | $88.1 | $90.62 | $94.2 | |
| Total noncurrent assets | $7065.33 | $6519.19 | $5730.32 | |
| Total investments | $237.67 | $502.5 | $353.81 | |
| Total assets | $11436.64 | $11014.25 | $10760.58 | $10365.13 |
| Current liabilities | ||||
| Accounts payable | $265.32 | $230.89 | $239.24 | $207.18 |
| Deferred revenue | $1948.35 | $2068.08 | $2005.18 | |
| Short long term debt | $140.18 | $200.91 | $96.24 | |
| Total current liabilities | $1782.16 | $1772.63 | $1758.72 | $1306.16 |
| Long term debt | $403.1 | $418.73 | $418.69 | $464.07 |
| Total noncurrent liabilities | $1986.23 | $2099.35 | $2371.51 | |
| Total debt | $558.9 | $619.6 | $560.31 | |
| Total liabilities | $3842.99 | $3758.86 | $3858.07 | $3677.66 |
| Shareholders' equity | ||||
| Retained earnings | $4869.99 | $4557.04 | $4207.68 | $3971.07 |
| Other shareholder equity | -$168.86 | -$188.32 | -$183.6 | -$174.13 |
| Total shareholder equity | $7255.4 | $6902.51 | $6687.47 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1946.99 | $1476.94 | $1450.65 | $1227 |
| Short term investments | $155.5 | $1096.71 | $375.39 | $520.07 |
| Net receivables | $660.78 | $354.99 | $454.71 | $292.46 |
| Inventory | $1086.8 | $621.38 | $903.81 | $768.82 |
| Total current assets | $4634.81 | $3791.42 | $3191.24 | $3014.53 |
| Long term investments | $198.31 | $182.07 | $244.73 | $265.28 |
| Property, plant & equipment | $4397.28 | $3636.33 | $2866.88 | $2645.68 |
| Goodwill & intangible assets | $94.2 | $45.57 | $59.97 | $70.6 |
| Total noncurrent assets | $5730.32 | $4459.81 | $4222.5 | $4094.4 |
| Total investments | $353.81 | $1278.78 | $620.12 | $785.35 |
| Total assets | $10365.13 | $8251.23 | $7413.75 | $7108.93 |
| Current liabilities | ||||
| Accounts payable | $207.18 | $341.41 | $193.37 | $183.35 |
| Deferred revenue | $2005.18 | $1207.94 | $201.87 | $188.81 |
| Short long term debt | $96.24 | $3.9 | $41.54 | |
| Total current liabilities | $1306.16 | $1038.05 | $726.88 | $847.4 |
| Long term debt | $464.07 | $184.35 | $236 | $237.69 |
| Total noncurrent liabilities | $2371.51 | $1377.13 | $727.32 | $740.61 |
| Total debt | $560.31 | $184.35 | $239.9 | $279.23 |
| Total liabilities | $3677.66 | $2415.17 | $1454.19 | $1588 |
| Shareholders' equity | ||||
| Retained earnings | $3971.07 | $3140.29 | $3184.45 | $2715.76 |
| Other shareholder equity | -$174.13 | -$127.04 | -$96.36 | -$61.73 |
| Total shareholder equity | $6687.47 | $5836.06 | $5959.55 | $5520.93 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $887.67 | $1010.48 | $794.11 | $1158.55 |
| Cost of revenue | $511.59 | $448.11 | $656.52 | |
| Gross Profit | $445.31 | $498.89 | $346 | $502.03 |
| Operating activities | ||||
| Research & development | $51.94 | $42.74 | $43.86 | |
| Selling, general & administrative | $46.56 | $45.83 | $57.09 | |
| Total operating expenses | $123.31 | $126.38 | $103.98 | $110.8 |
| Operating income | $372.51 | $242.03 | $391.23 | |
| Income from continuing operations | ||||
| EBIT | $386.9 | $264.73 | $383.75 | |
| Income tax expense | $14.39 | $27.77 | $18.9 | $27.44 |
| Interest expense | $8.41 | $9.77 | $9.21 | $7.07 |
| Net income | ||||
| Net income | $312.96 | $349.36 | $236.62 | $349.24 |
| Income (for common shares) | $349.36 | $236.62 | $349.24 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3318.6 | $2619.32 | $2923.38 | $2711.33 |
| Cost of revenue | $2017.92 | $2549.46 | $2193.42 | $2030.66 |
| Gross Profit | $1300.68 | $69.86 | $729.95 | $680.67 |
| Operating activities | ||||
| Research & development | $152.31 | $112.8 | $99.11 | $93.74 |
| Selling, general & administrative | $197.62 | $164.72 | $170.32 | $222.92 |
| Total operating expenses | $450.3 | $350.61 | $290.49 | $363.18 |
| Operating income | $850.38 | -$280.75 | $439.47 | $317.49 |
| Income from continuing operations | ||||
| EBIT | $904.25 | $20.82 | $585.27 | $315.1 |
| Income tax expense | $60.51 | $52.76 | $103.47 | -$107.29 |
| Interest expense | $12.96 | $12.22 | $13.11 | $24.04 |
| Net income | ||||
| Net income | $830.78 | -$44.17 | $468.69 | $398.36 |
| Income (for common shares) | $830.78 | -$44.17 | $468.69 | $398.36 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $349.36 | $236.62 | $349.24 | |
| Operating activities | ||||
| Depreciation | $97.34 | $90.58 | $89.69 | |
| Business acquisitions & disposals | $7.68 | |||
| Stock-based compensation | $8.4 | $6.79 | $11.01 | |
| Total cash flows from operations | $193.01 | $267.72 | $561.11 | |
| Investing activities | ||||
| Capital expenditures | -$365.16 | -$413.46 | -$346.91 | |
| Investments | $262.82 | -$152.47 | $175.12 | |
| Total cash flows from investing | -$1341.92 | -$107.35 | -$568.63 | -$173.16 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$60.63 | $59.65 | $60.77 | |
| Total cash flows from financing | -$5.88 | -$68.35 | $40.7 | $60.74 |
| Effect of exchange rate | -$2.81 | -$3.66 | -$1.94 | $6.14 |
| Change in cash and equivalents | -$943.6 | $13.65 | -$262.15 | $454.83 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $830.78 | -$44.17 | $468.69 | $398.36 |
| Operating activities | ||||
| Depreciation | $307.99 | $269.72 | $259.9 | $232.93 |
| Business acquisitions & disposals | -$28.06 | $442.3 | $300.5 | |
| Stock-based compensation | $34.22 | $28.66 | $20.9 | $29.27 |
| Total cash flows from operations | $602.26 | $873.37 | $237.56 | $37.12 |
| Investing activities | ||||
| Capital expenditures | -$1386.78 | -$903.61 | -$540.29 | -$416.63 |
| Investments | $951.09 | -$728.22 | $147.46 | $290.91 |
| Total cash flows from investing | -$472.79 | -$1192.57 | -$99.04 | -$131.23 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | $367.98 | $321.48 | $56.54 | -$68.67 |
| Total cash flows from financing | $336.85 | $309.39 | $40.55 | -$82.59 |
| Effect of exchange rate | $5.29 | $47.44 | $3.17 | $3.78 |
| Change in cash and equivalents | $471.61 | $37.63 | $182.24 | -$172.92 |
News
Fundamentals
| Market cap | $19.48B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 107.06M |
| Revenue | $3.85B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $1.25B |
| Revenue Q/Q | 10.81% |
| Revenue Y/Y | 21.77% |
| P/E ratio | 15.61 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 5.06 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | 5.63 |
| EPS | $11.66 |
|---|---|
| ROA | 11.46% |
| ROE | N/A |
| Debt/Equity | 0.55 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 2.14 |
| Quick ratio | 1.44 |