SolaX Power Network Technology (Zhejiang) Co., Ltd. (SHA:688717)
China · Delayed Price · Currency is CNY 102.55
+1.23 (1.21%)
At close: Apr 28, 2026
SHA:688717 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 4,082 | 3,069 | 4,466 | 4,610 | 831.93 |
Other Revenue | - | 4.2 | 7.02 | 2.13 | 0.74 |
| 4,082 | 3,073 | 4,473 | 4,612 | 832.67 | |
Revenue Growth (YoY) | 32.84% | -31.30% | -3.01% | 453.86% | 114.00% |
Cost of Revenue | - | 1,942 | 2,763 | 2,841 | 536.68 |
Gross Profit | 4,082 | 1,130 | 1,710 | 1,771 | 295.99 |
Selling, General & Admin | - | 523.38 | 359.19 | 354 | 138.45 |
Research & Development | - | 480.56 | 274.71 | 150.7 | 54.6 |
Other Operating Expenses | 4,034 | 22.11 | 37.19 | 3.71 | 0.9 |
Operating Expenses | 4,034 | 1,024 | 673.3 | 529.8 | 196.33 |
Operating Income | 47.52 | 106.33 | 1,037 | 1,241 | 99.65 |
Interest Expense | - | -3 | -3.31 | -5.62 | -6.85 |
Interest & Investment Income | - | 47.35 | 14.17 | 1.12 | 2.13 |
Currency Exchange Gain (Loss) | - | -34.78 | 130.7 | 60.95 | -22.89 |
Other Non Operating Income (Expenses) | -3.39 | -4.86 | 0.27 | -5.96 | -1.44 |
EBT Excluding Unusual Items | 44.13 | 111.04 | 1,178 | 1,292 | 70.6 |
Gain (Loss) on Sale of Investments | - | - | - | -1.19 | - |
Gain (Loss) on Sale of Assets | - | 0.19 | 0.01 | 0.01 | - |
Asset Writedown | - | -0.5 | -0.87 | -0.06 | - |
Legal Settlements | - | - | - | - | -9.14 |
Other Unusual Items | - | 63.28 | 29.48 | 17.11 | 5.54 |
Pretax Income | 44.13 | 174.02 | 1,207 | 1,308 | 67 |
Income Tax Expense | -71.6 | -29.58 | 142.48 | 173.67 | 4.12 |
Net Income | 115.73 | 203.6 | 1,065 | 1,134 | 62.87 |
Net Income to Common | 115.73 | 203.6 | 1,065 | 1,134 | 62.87 |
Net Income Growth | -43.16% | -80.88% | -6.12% | 1703.61% | 90.16% |
Shares Outstanding (Basic) | 161 | 160 | 120 | 120 | 121 |
Shares Outstanding (Diluted) | 161 | 160 | 120 | 120 | 121 |
Shares Change (YoY) | 0.26% | 33.57% | 0.02% | -0.75% | 2.39% |
EPS (Basic) | 0.72 | 1.27 | 8.87 | 9.45 | 0.52 |
EPS (Diluted) | 0.72 | 1.27 | 8.87 | 9.45 | 0.52 |
EPS Growth | -43.31% | -85.68% | -6.14% | 1717.31% | 85.71% |
Free Cash Flow | - | 344.81 | 275.21 | 648.26 | 47.99 |
Free Cash Flow Per Share | - | 2.15 | 2.29 | 5.40 | 0.40 |
Dividend Per Share | 0.938 | 0.938 | - | - | - |
Gross Margin | 100.00% | 36.79% | 38.23% | 38.40% | 35.55% |
Operating Margin | 1.16% | 3.46% | 23.18% | 26.92% | 11.97% |
Profit Margin | 2.83% | 6.63% | 23.80% | 24.59% | 7.55% |
Free Cash Flow Margin | - | 11.22% | 6.15% | 14.06% | 5.76% |
EBITDA | 105.31 | 164.13 | 1,073 | 1,251 | 102.42 |
EBITDA Margin | 2.58% | 5.34% | 23.99% | 27.12% | 12.30% |
D&A For EBITDA | 57.79 | 57.79 | 36.24 | 9.4 | 2.77 |
EBIT | 47.52 | 106.33 | 1,037 | 1,241 | 99.65 |
EBIT Margin | 1.16% | 3.46% | 23.18% | 26.92% | 11.97% |
Effective Tax Rate | - | - | 11.80% | 13.28% | 6.15% |
Revenue as Reported | - | 3,073 | 4,473 | 4,612 | 832.67 |
Advertising Expenses | - | 61.85 | 35.88 | 10.74 | 8.22 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.