QC Solar Corporation (SHE:301278)
China flag China · Delayed Price · Currency is CNY
27.35
+0.96 (3.64%)
At close: Aug 3, 2026

QC Solar Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
1,1141,084903.391,2851,100735.87
Revenue Growth
27.41%20.02%-29.70%16.86%49.43%46.20%
Gross Profit
102.5798.54159.81294.52200.65135.13
Operating Income
13.11383.38190.76127.3972.05
Net Income
15.7820.4499.01193.61118.4364.85
Earnings Per Share
0.170.231.192.332.221.04
EPS Growth
-79.10%-80.67%-48.93%4.96%113.77%1.50%

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Jan '23 Jan '22
Photovoltaic Junction Box
931.77673.421,044916.32580
Photovoltaic Connector
108.03196.99216.07164.51143.34
Software and Others
44.4732.9825.0718.812.52
Total
1,084903.391,2851,100735.87

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
429.39550.98242.85587.89642.5481.42
Total Debt
128.35129.68-5.327.3312.71
Net Cash (Debt)
301.03421.29242.85582.56635.2168.71
Net Cash Growth
60.60%73.48%-58.31%-8.29%824.48%59.52%
Net Cash Per Share
3.334.742.927.0111.911.10

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
-120.3-61.62146.01219.2874.4519.61
Capital Expenditures
-56-65.95-158.93-69.43-26.58-24.39
Free Cash Flow
-176.3-127.57-12.92149.8547.86-4.77
Free Cash Flow Growth
---213.09%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
9.21%9.09%17.69%22.92%18.25%18.36%
Operating Margin
1.18%1.20%9.23%14.85%11.58%9.79%
Pretax Margin
1.91%2.47%12.26%16.92%12.33%9.72%
Profit Margin
1.42%1.88%10.96%15.07%10.77%8.81%
FCF Margin
-15.83%-11.77%-1.43%11.66%4.35%-0.65%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23
Dividend Per Share
0.0400.0400.5110.3000.154
Dividend Per Share Growth
-92.17%-92.17%70.23%95.06%-
Dividend Yield
0.15%0.12%1.49%0.53%0.19%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
156.77146.6929.4325.0759.53-
Forward PE
-10.0410.0419.38--
P/FCF Ratio
---32.39147.29-
PS Ratio
2.202.773.233.786.41-