QC Solar Corporation (SHE:301278)
China flag China · Delayed Price · Currency is CNY
27.59
+0.28 (1.03%)
At close: Sep 14, 2026

QC Solar Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Revenue
1,0341,084903.391,2851,100735.87
Revenue Growth
24.86%20.02%-29.70%16.86%49.43%46.20%
Gross Profit
122.6798.54159.81294.52200.65135.13
Operating Income
29.191383.38190.76127.3972.05
Net Income
23.3120.4499.01193.61118.4364.85
Earnings Per Share
0.260.231.192.332.221.04
EPS Growth
-47.35%-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 EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Cash & Investments
237.09550.98242.85587.89642.5481.42
Total Debt
123.43129.68-5.327.3312.71
Net Cash (Debt)
113.66421.29242.85582.56635.2168.71
Net Cash Growth
-55.22%73.48%-58.31%-8.29%824.48%59.52%
Net Cash Per Share
1.274.742.927.0111.911.10

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Operating Cash Flow
-64.13-61.62146.01219.2874.4519.61
Capital Expenditures
-38.23-65.95-158.93-69.43-26.58-24.39
Free Cash Flow
-102.36-127.57-12.92149.8547.86-4.77
Free Cash Flow Growth
---213.09%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
Gross Margin
11.87%9.09%17.69%22.92%18.25%18.36%
Operating Margin
2.82%1.20%9.23%14.85%11.58%9.79%
Pretax Margin
3.15%2.47%12.26%16.92%12.33%9.72%
Profit Margin
2.25%1.88%10.96%15.07%10.77%8.81%
FCF Margin
-9.90%-11.77%-1.43%11.66%4.35%-0.65%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingSep '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
0.14%0.12%1.49%0.53%0.19%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Jan '23 Jan '22
PE Ratio
105.97146.6929.4325.0759.53-
Forward PE
-10.0410.0419.38--
P/FCF Ratio
---32.39147.29-
PS Ratio
2.392.773.233.786.41-