QC Solar Corporation (SHE:301278)
China · Delayed Price · Currency is CNY 41.28
+0.42 (1.03%)
At close: May 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Operating Revenue | 1,114 | 1,084 | 898.87 | 1,280 | 1,097 | 732.08 |
Other Revenue | - | - | 4.52 | 5.36 | 2.15 | 3.79 |
| 1,114 | 1,084 | 903.39 | 1,285 | 1,100 | 735.87 | |
Revenue Growth (YoY) | 27.41% | 20.02% | -29.70% | 16.86% | 49.43% | 46.20% |
Cost of Revenue | 1,013 | 987.77 | 743.58 | 990.47 | 898.98 | 600.74 |
Gross Profit | 100.53 | 96.5 | 159.81 | 294.52 | 200.65 | 135.13 |
Selling, General & Admin | 39.35 | 35.46 | 34.92 | 39.68 | 29.23 | 29.51 |
Research & Development | 45.18 | 43.5 | 39.63 | 57.38 | 37.5 | 28.13 |
Other Operating Expenses | -2.31 | -2.4 | -5.19 | 5.86 | 3.57 | 2.07 |
Operating Expenses | 82.22 | 76.56 | 76.43 | 103.76 | 73.26 | 63.08 |
Operating Income | 18.31 | 19.94 | 83.38 | 190.76 | 127.39 | 72.05 |
Interest Expense | - | - | -0.13 | -0.28 | -0.4 | -0.27 |
Interest & Investment Income | 18.24 | 17.85 | 20.95 | 18.91 | 3.16 | 2.03 |
Currency Exchange Gain (Loss) | - | - | 4.1 | 5.9 | 5.16 | -0.99 |
Other Non Operating Income (Expenses) | -16.52 | -12.63 | -0.94 | -1.14 | -0.91 | -0.87 |
EBT Excluding Unusual Items | 20.03 | 25.16 | 107.35 | 214.16 | 134.41 | 71.94 |
Gain (Loss) on Sale of Investments | -0.56 | -0.33 | -0.35 | -1.1 | 0.63 | 0.01 |
Gain (Loss) on Sale of Assets | 0.01 | -0.05 | 0.58 | 0.84 | 0.23 | -0.01 |
Asset Writedown | 1.83 | 2.04 | -0.04 | -0.05 | - | -0.69 |
Other Unusual Items | - | - | 3.19 | 3.55 | 0.35 | 0.23 |
Pretax Income | 21.31 | 26.82 | 110.74 | 217.4 | 135.61 | 71.49 |
Income Tax Expense | 5.53 | 6.37 | 11.73 | 23.79 | 17.18 | 6.64 |
Net Income | 15.78 | 20.44 | 99.01 | 193.61 | 118.43 | 64.85 |
Net Income to Common | 15.78 | 20.44 | 99.01 | 193.61 | 118.43 | 64.85 |
Net Income Growth | -77.27% | -79.35% | -48.86% | 63.48% | 82.62% | 1.76% |
Shares Outstanding (Basic) | 90 | 89 | 83 | 83 | 53 | 62 |
Shares Outstanding (Diluted) | 90 | 89 | 83 | 83 | 53 | 62 |
Shares Change (YoY) | 8.73% | 6.83% | 0.13% | 55.76% | -14.57% | 0.26% |
EPS (Basic) | 0.17 | 0.23 | 1.19 | 2.33 | 2.22 | 1.04 |
EPS (Diluted) | 0.17 | 0.23 | 1.19 | 2.33 | 2.22 | 1.04 |
EPS Growth | -79.10% | -80.67% | -48.93% | 4.96% | 113.77% | 1.50% |
Free Cash Flow | -176.3 | -127.57 | -12.92 | 149.85 | 47.86 | -4.77 |
Free Cash Flow Per Share | -1.95 | -1.44 | -0.15 | 1.80 | 0.90 | -0.08 |
Dividend Per Share | - | - | 0.511 | 0.300 | 0.154 | - |
Dividend Growth | - | - | 70.23% | 95.06% | - | - |
Gross Margin | 9.03% | 8.90% | 17.69% | 22.92% | 18.25% | 18.36% |
Operating Margin | 1.64% | 1.84% | 9.23% | 14.85% | 11.58% | 9.79% |
Profit Margin | 1.42% | 1.88% | 10.96% | 15.07% | 10.77% | 8.81% |
Free Cash Flow Margin | -15.83% | -11.77% | -1.43% | 11.66% | 4.35% | -0.65% |
EBITDA | 40.53 | 40.47 | 97.09 | 202.46 | 137.28 | 79.54 |
EBITDA Margin | 3.64% | 3.73% | 10.75% | 15.76% | 12.48% | 10.81% |
D&A For EBITDA | 22.22 | 20.52 | 13.72 | 11.7 | 9.88 | 7.49 |
EBIT | 18.31 | 19.94 | 83.38 | 190.76 | 127.39 | 72.05 |
EBIT Margin | 1.64% | 1.84% | 9.23% | 14.85% | 11.58% | 9.79% |
Effective Tax Rate | 25.93% | 23.77% | 10.59% | 10.94% | 12.67% | 9.29% |
Revenue as Reported | - | - | 903.39 | 1,285 | 1,100 | 735.87 |
Advertising Expenses | - | - | 1.11 | 0.66 | 0.11 | 0.1 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.