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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

SEGMENT INFORMATION

Summary of Company's revenues and gross profit and income from operations generated from each segment

​

​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31, 2023
​	​	​	​	​	​	Elimination	​	​
​	​	​	​	​	​	and	​	​
​	​	​	​	Recurrent	​	unallocated	​	​
​		CSI Solar		Energy		items (1)		Total
​	​	$	​	$	​	$	​	$
Net revenues		7,230,550	​	497,653	​	(114,577)	​	7,613,626
Cost of revenues		6,121,332	​	292,926	​	(80,615)	​	6,333,643
Gross profit		1,109,218	​	204,727	​	(33,962)	​	1,279,983
Income from operations (2)	​	456,083	​	96,621	​	(99,384)	​	453,320

​

​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31, 2022
​	​	​	​	​	​	Elimination	​	​
​	​	​	​	​	​	and	​	​
​	​	​	​	Recurrent	​	unallocated	​	​
​		CSI Solar		Energy		items (1)		Total
​	​	$	​	$	​	$	​	$
Net revenues		6,975,612	​	821,525	​	(328,527)	​	7,468,610
Cost of revenues		5,824,855	​	660,161	​	(279,542)	​	6,205,474
Gross profit		1,150,757	​	161,364	​	(48,985)	​	1,263,136
Income from operations (2)	​	343,798	​	80,364	​	(68,101)	​	356,061

​

​	​	​	​	​	​	​	​	​
​	​	Years Ended December 31, 2021
​	​	​	​	​	​	Elimination	​	​
​	​	​	​	​	​	and	​	​
​	​	​	​	Recurrent	​	unallocated	​	​
​		CSI Solar		Energy		items (1)		Total
​	​	$	​	$	​	$	​	$
Net revenues		4,371,603		1,124,083	​	(218,517)	​	5,277,169
Cost of revenues		3,689,126		930,099	​	(251,368)	​	4,367,857
Gross profit		682,477		193,984	​	32,851	​	909,312
Income from operations (2)	​	74,132	​	97,179	​	19,070	​	190,381

(1) Includes inter-segment elimination, and unallocated corporate costs not considered part of management’s evaluation of reportable segment operating performance.

(2) Income from operations reflects management’s allocation and estimate as some services are shared by the Company’s two reportable segments.

Summary of the Company's net revenues generated from different geographic locations

​

​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021		2022		2023
​	​	$	​	$	​	$
The Americas:	​	​	​	​	​	​
—United States	​	1,590,573	​	1,963,956	​	1,485,919
—Brazil		442,603	​	623,331	​	846,387
—Canada	​	30,792	​	49,148	​	52,525
—Mexico		139,611	​	31,912	​	50,884
—Puerto Rico	​	11,344	​	22,353	​	37,922
—Chile	​	18,461	​	37,370	​	29,663
—Others	​	46,210	​	65,581	​	112,845
​		2,279,594	​	2,793,651	​	2,616,145
Asia:	​	​	​	​	​	​
—PRC		1,207,003	​	1,904,862	​	2,151,243
—Japan	​	509,233	​	325,344	​	597,188
—India		142,300	​	197,772	​	91,020
—Pakistan		48,838	​	73,531	​	78,203
—Philippines	​	6,660	​	26,578	​	40,612
—Hong Kong	​	9,979	​	46,254	​	32,707
—United Arab Emirates		6,168	​	15,974	​	22,915
—Taiwan	​	7,702	​	67,411	​	19,369
—Vietnam	​	19,956	​	9,078	​	16,208
—Thailand	​	59,451	​	9,941	​	10,217
—Others	​	121,780	​	63,034	​	65,814
​	​	2,139,070	​	2,739,779	​	3,125,496
Europe and other regions:	​	​	​	​	​	​
—Spain		100,658	​	434,841	​	445,321
—Germany	​	231,995	​	322,189	​	291,385
—South Africa	​	90,761	​	118,458	​	218,596
—United Kingdom	​	7,749	​	106,662	​	144,994
—Norway	​	157	​	30,231	​	139,769
—Australia	​	165,772	​	393,959	​	128,247
—Netherlands	​	104,715	​	136,375	​	81,820
—Italy	​	6,531	​	14,465	​	79,041
—Czech	​	34,604	​	79,414	​	62,079
—Ireland	​	7,844	​	63,740	​	41,611
—Romania	​	3,699	​	31,804	​	24,491
—France		25,980	​	31,147	​	22,341
—Others		78,040	​	171,895	​	192,290
​	​	858,505	​	1,935,180	​	1,871,985
Total net revenues	​	5,277,169	​	7,468,610	​	7,613,626

Schedule of long-lived assets, including property, plant and equipment, non-current project assets, solar power systems, prepaid land use rights and intangible assets by geographic region

​

​	​	​	​	​
​		At December 31,		At December 31,
​	​	2022	​	2023
​	​	$	​	$
PRC		1,668,177	​	2,398,130
Thailand	​	276,497	​	691,467
United States	​	5,545	​	528,538
Brazil	​	242,761	​	409,211
EU	​	27,182	​	99,738
Argentina	​	66,017	​	63,526
Colombia	​	—	​	61,847
Japan	​	14,440	​	13,164
Canada		6,200	​	11,401
Others		5,770	​	19,667
Total long-lived assets		2,312,589	​	4,296,689

Summary of the Company's revenues generated from each product or service

​

​	​	​	​	​	​	​
​	​	Years Ended December 31,
​		2021		2022		2023
​	​	$	​	$	​	$
CSI Solar:	​	​	​	​	​	​
Solar modules		3,328,301	​	5,534,379	​	5,941,345
Solar system kits		302,133	​	538,157	​	679,350
Battery energy storage solutions	​	222,655	​	440,716	​	245,173
EPC and others	​	299,997	​	133,833	​	250,105
Recurrent Energy:	​	​	​	​	​	​
Solar power and battery energy storage asset sales		1,064,178	​	761,677	​	399,098
Power services (O&M) and asset management	​	35,334	​	33,776	​	52,379
Electricity revenue from operating portfolio and others	​	24,571	​	26,072	​	46,176
Total net revenues		5,277,169	​	7,468,610	​	7,613,626

​

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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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