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QC Solar (Suzhou) Co. Ltd. A

QC Solar (Suzhou) Co. Ltd. A

301278 · SHE · Technology / Electronic Components

26.85CNY-0.76 (-2.75%)

Price History

Full chart

Market Stats

Previous Close27.61
Open27.83
Day Range26.70 – 27.97
52-Week Range23.17 – 51.33
Volume2.14M
Market Cap2.60B
P/E (TTM)111.62
Forward P/E0.00
EPS0.26
Dividend Yield0.14%
Beta0.51
50-Day Avg27.70
200-Day Avg34.43

About

QC Solar Corporation engages in the research and development, manufacture, and sale of photovoltaic (PV) connection boxes and connectors in China, South Korea, India, Vietnam, Germany, Spain, Egypt, and the United States. It offers power semiconductor modules; PV general and smart junction boxes; solar, home battery storage, EV, and robotics cables; solar PV, energy storage, EV connectors, and cables harness; and installation tools. The company also provides data computing connection solutions; PV microinverters; PV combiner boxes/cabinets; and RSD boxes, solar optimizers, and outdoor precision connection systems. The company was founded in 2005 and is headquartered in Suzhou, China.

Company Details

  • SectorTechnology
  • IndustryElectronic Components
  • CEOMr. Zhenggang Duan
  • Employees720
  • HeadquartersNo. 31, Xinfa Road, Suzhou, China, 215028, China
  • Websitehttps://www.qc-solar.com

Leadership

  • Mr. Zhenggang DuanChairman of the Board & GM · b. 1977
  • Mr. Shaodong XuFinancial Director & Accounting Supervisor · b. 1983
  • Mr. Xinlin WangDirector, Deputy GM & Secretary of the Board · b. 1977

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue353.30M503.35M735.87M1.10B1.28B903.39M1.08B
Growth (%)-+42.47%+46.20%+49.43%+16.86%-29.70%+20.02%
Cost of Revenue265.60M378.38M600.74M894.21M985.27M742.98M987.77M
Gross Profit87.71M503.35M135.13M205.42M299.72M160.40M96.50M
Gross Margin24.82%100.00%18.36%18.68%23.32%17.76%8.90%
Operating Expense41.24M057.25M67.72M100.19M67.58M76.56M
Operating Income46.46M503.35M77.89M137.71M199.53M92.82M19.94M
Operating Margin13.15%100.00%10.58%12.52%15.53%10.27%1.84%
EBITDA53.15M79.49M74.75M146.94M232.31M127.01M48.81M
EBITDA Margin15.04%15.79%10.16%13.36%18.08%14.06%4.50%
Net Income41.49M63.73M64.85M118.43M193.61M99.01M20.44M
Net Income Margin11.74%12.66%8.81%10.77%15.07%10.96%1.89%
R&D22.79M25.74M28.13M37.50M57.38M39.63M43.50M
R&D as % of Total Revenue6.45%5.11%3.82%3.41%4.47%4.39%4.01%
Interest Expense183.26K306.40K273.56K396.38K277.72K129.67K914.65K
Interest Expense % of Total Revenue0.05%0.06%0.04%0.04%0.02%0.01%0.08%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets452.43M603.82M791.06M1.49B1.68B1.70B2.17B
Total Liabilities176.10M279.70M402.45M485.91M496.28M436.63M752.75M
Total Equity276.33M324.12M388.61M1.00B1.19B1.27B1.42B
Cash79.01M86.10M80.57M180.06M357.36M141.60M248.43M

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow39.15M11.60M19.61M74.45M219.28M146.01M-61.62M
Capital Expenditure6.37M7.99M24.39M26.58M69.43M158.93M65.95M
Free Cash Flow32.78M11.60M-4.77M47.86M149.85M-12.92M-127.57M
Dividends Paid8.00M15.00M242.08K199.72K12.80M25.00M46.06M
FCF to OCF83.73%100.00%-24.32%64.29%68.34%-8.85%207.03%
Dividend Paid to FCF24.41%129.36%-5.07%0.42%8.54%-193.54%-36.11%

Earnings

Report DateSep 30, 2022Dec 31, 2022Mar 31, 2023Aug 26, 2023Oct 26, 2023Dec 31, 2023Apr 23, 2024Jun 30, 2024Oct 23, 2024Dec 31, 2024Apr 28, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate----------------
EPS Actual0.480.370.460.590.710.570.480.360.230.120.120.030.080.010.060.12
Surprise----------------
Timing---Pre-marketPre-market-Pre-market-Pre-market-Pre-market-----

Key Statistics & Ratios

Market Cap2.60B
Enterprise Value2.57B
Trailing P/E111.62
Forward P/E0.00
Price / Sales2.52
Price / Book1.88
EPS0.26
Book Value15.94
Revenue (TTM)1.03B
Gross Profit (TTM)119.19M
EBITDA50.49M
Profit Margin2.26%
Operating Margin5.31%
Return on Equity1.64%
Return on Assets0.77%
Shares Outstanding89.71M
Shares Float42.09M
Beta0.51
Dividend Yield0.14%
Dividend Rate0.04
Payout Ratio15.40%

Dividends

20261×
0.04Jun 26, 2026
20251×
0.51Jun 18, 2025
20241×
0.30Jun 14, 2024
20231×
0.20Jun 6, 2023

Stock Splits

  • Jun 6, 20231.3:1