SolaX Power Network Technology (Zhejiang) Co., Ltd. (SHA:688717)
China · Delayed Price · Currency is CNY 103.95
+4.76 (4.80%)
Feb 26, 2026, 4:00 PM EST
SHA:688717 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 3,690 | 3,069 | 4,466 | 4,610 | 831.93 | 388.93 |
Other Revenue | 4.2 | 4.2 | 7.02 | 2.13 | 0.74 | 0.17 |
| 3,694 | 3,073 | 4,473 | 4,612 | 832.67 | 389.1 | |
Revenue Growth (YoY) | 28.58% | -31.30% | -3.01% | 453.86% | 114.00% | 0.12% |
Cost of Revenue | 2,482 | 1,942 | 2,763 | 2,841 | 536.68 | 229.66 |
Gross Profit | 1,212 | 1,130 | 1,710 | 1,771 | 295.99 | 159.44 |
Selling, General & Admin | 686.76 | 523.38 | 359.19 | 354 | 138.45 | 84.63 |
Research & Development | 562.45 | 480.56 | 274.71 | 150.7 | 54.6 | 32.22 |
Other Operating Expenses | 62.17 | 22.11 | 37.19 | 3.71 | 0.9 | 3.41 |
Operating Expenses | 1,315 | 1,024 | 673.3 | 529.8 | 196.33 | 114.79 |
Operating Income | -102.5 | 106.33 | 1,037 | 1,241 | 99.65 | 44.66 |
Interest Expense | -1.67 | -3 | -3.31 | -5.62 | -6.85 | -15.62 |
Interest & Investment Income | 61.92 | 47.35 | 14.17 | 1.12 | 2.13 | 8.42 |
Currency Exchange Gain (Loss) | -34.78 | -34.78 | 130.7 | 60.95 | -22.89 | -3.99 |
Other Non Operating Income (Expenses) | 138.4 | -4.86 | 0.27 | -5.96 | -1.44 | -0.64 |
EBT Excluding Unusual Items | 61.37 | 111.04 | 1,178 | 1,292 | 70.6 | 32.83 |
Gain (Loss) on Sale of Investments | - | - | - | -1.19 | - | - |
Gain (Loss) on Sale of Assets | 0.48 | 0.19 | 0.01 | 0.01 | - | - |
Asset Writedown | -40.43 | -0.5 | -0.87 | -0.06 | - | - |
Legal Settlements | - | - | - | - | -9.14 | - |
Other Unusual Items | 109.74 | 63.28 | 29.48 | 17.11 | 5.54 | 8.16 |
Pretax Income | 131.16 | 174.02 | 1,207 | 1,308 | 67 | 41 |
Income Tax Expense | -62.3 | -29.58 | 142.48 | 173.67 | 4.12 | 7.93 |
Net Income | 193.46 | 203.6 | 1,065 | 1,134 | 62.87 | 33.06 |
Net Income to Common | 193.46 | 203.6 | 1,065 | 1,134 | 62.87 | 33.06 |
Net Income Growth | -6.48% | -80.88% | -6.12% | 1703.61% | 90.16% | 24582.59% |
Shares Outstanding (Basic) | 160 | 160 | 120 | 120 | 121 | 118 |
Shares Outstanding (Diluted) | 160 | 160 | 120 | 120 | 121 | 118 |
Shares Change (YoY) | 6.30% | 33.57% | 0.02% | -0.75% | 2.39% | 76.30% |
EPS (Basic) | 1.21 | 1.27 | 8.87 | 9.45 | 0.52 | 0.28 |
EPS (Diluted) | 1.21 | 1.27 | 8.87 | 9.45 | 0.52 | 0.28 |
EPS Growth | -12.02% | -85.68% | -6.14% | 1717.31% | 85.71% | 13900.00% |
Free Cash Flow | -350.98 | 344.81 | 275.21 | 648.26 | 47.99 | 11.86 |
Free Cash Flow Per Share | -2.19 | 2.15 | 2.29 | 5.40 | 0.40 | 0.10 |
Dividend Per Share | 0.938 | 0.938 | - | - | - | - |
Gross Margin | 32.81% | 36.79% | 38.23% | 38.40% | 35.55% | 40.98% |
Operating Margin | -2.77% | 3.46% | 23.18% | 26.92% | 11.97% | 11.48% |
Profit Margin | 5.24% | 6.63% | 23.80% | 24.59% | 7.55% | 8.50% |
Free Cash Flow Margin | -9.50% | 11.22% | 6.15% | 14.06% | 5.76% | 3.05% |
EBITDA | -28.54 | 164.13 | 1,073 | 1,251 | 102.42 | 45.89 |
EBITDA Margin | -0.77% | 5.34% | 23.99% | 27.12% | 12.30% | 11.79% |
D&A For EBITDA | 73.96 | 57.79 | 36.24 | 9.4 | 2.77 | 1.23 |
EBIT | -102.5 | 106.33 | 1,037 | 1,241 | 99.65 | 44.66 |
EBIT Margin | -2.77% | 3.46% | 23.18% | 26.92% | 11.97% | 11.48% |
Effective Tax Rate | - | - | 11.80% | 13.28% | 6.15% | 19.35% |
Revenue as Reported | 3,694 | 3,073 | 4,473 | 4,612 | 832.67 | 389.1 |
Advertising Expenses | - | 61.85 | 35.88 | 10.74 | 8.22 | 3.56 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.