QC Solar Corporation (SHE:301278)
China · Delayed Price · Currency is CNY 38.00
-0.80 (-2.06%)
At close: Feb 13, 2026
QC Solar 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 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 | Jan '21 Jan 1, 2021 |
Operating Revenue | 953.81 | 898.87 | 1,280 | 1,097 | 732.08 | 500.06 |
Other Revenue | 4.52 | 4.52 | 5.36 | 2.15 | 3.79 | 3.29 |
| 958.34 | 903.39 | 1,285 | 1,100 | 735.87 | 503.35 | |
Revenue Growth (YoY) | -7.75% | -29.70% | 16.86% | 49.43% | 46.20% | 42.47% |
Cost of Revenue | 869.44 | 743.58 | 990.47 | 898.98 | 600.74 | 378.38 |
Gross Profit | 88.9 | 159.81 | 294.52 | 200.65 | 135.13 | 124.97 |
Selling, General & Admin | 35.76 | 34.92 | 39.68 | 29.23 | 29.51 | 20.99 |
Research & Development | 35.63 | 39.63 | 57.38 | 37.5 | 28.13 | 25.74 |
Other Operating Expenses | 0.99 | -5.19 | 5.86 | 3.57 | 2.07 | 2.62 |
Operating Expenses | 75.59 | 76.43 | 103.76 | 73.26 | 63.08 | 53.87 |
Operating Income | 13.31 | 83.38 | 190.76 | 127.39 | 72.05 | 71.1 |
Interest Expense | -0.13 | -0.13 | -0.28 | -0.4 | -0.27 | - |
Interest & Investment Income | 19.45 | 20.95 | 18.91 | 3.16 | 2.03 | 2.22 |
Currency Exchange Gain (Loss) | 4.1 | 4.1 | 5.9 | 5.16 | -0.99 | -4.07 |
Other Non Operating Income (Expenses) | -4 | -0.94 | -1.14 | -0.91 | -0.87 | -0.3 |
EBT Excluding Unusual Items | 32.73 | 107.35 | 214.16 | 134.41 | 71.94 | 68.94 |
Gain (Loss) on Sale of Investments | -0.01 | -0.35 | -1.1 | 0.63 | 0.01 | 4.31 |
Gain (Loss) on Sale of Assets | 0.01 | 0.58 | 0.84 | 0.23 | -0.01 | -0.03 |
Asset Writedown | 1.57 | -0.04 | -0.05 | - | -0.69 | -0.48 |
Other Unusual Items | 2.96 | 3.19 | 3.55 | 0.35 | 0.23 | -1.12 |
Pretax Income | 37.26 | 110.74 | 217.4 | 135.61 | 71.49 | 71.63 |
Income Tax Expense | 7.29 | 11.73 | 23.79 | 17.18 | 6.64 | 7.9 |
Net Income | 29.98 | 99.01 | 193.61 | 118.43 | 64.85 | 63.73 |
Net Income to Common | 29.98 | 99.01 | 193.61 | 118.43 | 64.85 | 63.73 |
Net Income Growth | -77.97% | -48.86% | 63.48% | 82.62% | 1.76% | 53.59% |
Shares Outstanding (Basic) | 89 | 83 | 83 | 53 | 62 | 62 |
Shares Outstanding (Diluted) | 89 | 83 | 83 | 53 | 62 | 62 |
Shares Change (YoY) | 7.04% | 0.13% | 55.76% | -14.57% | 0.26% | -0.70% |
EPS (Basic) | 0.34 | 1.19 | 2.33 | 2.22 | 1.04 | 1.02 |
EPS (Diluted) | 0.34 | 1.19 | 2.33 | 2.22 | 1.04 | 1.02 |
EPS Growth | -79.42% | -48.93% | 4.96% | 113.77% | 1.50% | 54.66% |
Free Cash Flow | -149.71 | -12.92 | 149.85 | 47.86 | -4.77 | 3.61 |
Free Cash Flow Per Share | -1.69 | -0.15 | 1.80 | 0.90 | -0.08 | 0.06 |
Dividend Per Share | 0.511 | 0.511 | 0.300 | 0.154 | - | - |
Dividend Growth | 70.23% | 70.23% | 95.06% | - | - | - |
Gross Margin | 9.28% | 17.69% | 22.92% | 18.25% | 18.36% | 24.83% |
Operating Margin | 1.39% | 9.23% | 14.85% | 11.58% | 9.79% | 14.12% |
Profit Margin | 3.13% | 10.96% | 15.07% | 10.77% | 8.81% | 12.66% |
Free Cash Flow Margin | -15.62% | -1.43% | 11.66% | 4.35% | -0.65% | 0.72% |
EBITDA | 28.54 | 97.09 | 202.46 | 137.28 | 79.54 | 77.12 |
EBITDA Margin | 2.98% | 10.75% | 15.76% | 12.48% | 10.81% | 15.32% |
D&A For EBITDA | 15.23 | 13.72 | 11.7 | 9.88 | 7.49 | 6.03 |
EBIT | 13.31 | 83.38 | 190.76 | 127.39 | 72.05 | 71.1 |
EBIT Margin | 1.39% | 9.23% | 14.85% | 11.58% | 9.79% | 14.12% |
Effective Tax Rate | 19.55% | 10.59% | 10.94% | 12.67% | 9.29% | 11.04% |
Revenue as Reported | 958.34 | 903.39 | 1,285 | 1,100 | 735.87 | 503.35 |
Advertising Expenses | - | 1.11 | 0.66 | 0.11 | 0.1 | 0.19 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.