301278.SHE QC Solar (Suzhou) Co. Ltd. A
- Market cap
- CNY 2.25B
- P/E
- 89.4x
- P/B
- 1.53x
- ROE
- 2.2%
- Dividend yield
- 2.05%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 301278.SHE undervalued?
Graham number301278.SHE trades 146.4% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
QC Solar (Suzhou) Co. Ltd. A fundamental analysis
No fundamental analysis for QC Solar (Suzhou) Co. Ltd. A yet.
QC Solar (Suzhou) Co. Ltd. A stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About QC Solar (Suzhou) Co. Ltd. A
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 c…
Full company profileQC Solar (Suzhou) Co. Ltd. A financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
QC Solar (Suzhou) Co. Ltd. A annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 353M | 503M | 736M | 1.10B | 1.28B | 903M | 1.08B | 836M |
| Gross Profit | 87.7M | 503M | 135M | 205M | 300M | 160M | 96.5M | 141M |
| Operating Income | 46.5M | 503M | 77.9M | 138M | 200M | 92.8M | 19.9M | 59.5M |
| EBITDA | 53.2M | 79.5M | 74.7M | 147M | 232M | 127M | 48.8M | 41.0M |
| Net Income | 41.5M | 63.7M | 64.9M | 118M | 194M | 99.0M | 20.4M | 31.3M |
| EPS | 0.86 | 1.02 | 1.04 | 1.42 | 2.32 | 1.19 | 0.23 | 0.35 |
| Balance Sheet | ||||||||
| Total Assets | 452M | 604M | 791M | 1.49B | 1.68B | 1.70B | 2.17B | 1.93B |
| Total Liabilities | 176M | 280M | 402M | 486M | 496M | 437M | 753M | 492M |
| Shareholders' Equity | 276M | 324M | 389M | 1.00B | 1.19B | 1.27B | 1.42B | 1.43B |
| Cash & Short-term Investments | 79.0M | 86.1M | 80.6M | 180M | 357M | 142M | 248M | 137M |
| Cash Flow | ||||||||
| Operating Cash Flow | 39.1M | 11.6M | 19.6M | 74.4M | 219M | 146M | -61.6M | - |
| Capital Expenditure | 6.37M | 7.99M | 24.4M | 26.6M | 69.4M | 159M | 66.0M | 43.3M |
| Free Cash Flow | 32.8M | 11.6M | -4.77M | 47.9M | 150M | -12.9M | -128M | -99.2M |
| Ratios | ||||||||
| ROE | 15.0% | 19.7% | 16.7% | 11.8% | 16.3% | 7.8% | 1.4% | 2.2% |
| ROA | 9.2% | 10.6% | 8.2% | 7.9% | 11.5% | 5.8% | 0.9% | 1.6% |
| Net Profit Margin | 11.7% | 12.7% | 8.8% | 10.8% | 15.1% | 11.0% | 1.9% | 3.7% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
QC Solar (Suzhou) Co. Ltd. A dividends
- Dividend yield
- 2.05%
- Forward dividend
- 0.04 CNY
- Payout ratio
- 225.3%
- Ex-dividend date
- Jun 26, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 46.1M | 0.51 | 225.3% |
| 2024 | CNY 25.0M | 0.30 | 25.2% |
| 2023 | CNY 12.8M | 0.15 | 6.6% |
| 2022 | CNY 200K | 0.00 | 0.2% |
| 2021 | CNY 242K | 0.00 | 0.4% |
| 2020 | CNY 15.0M | 0.24 | 23.5% |
| 2019 | CNY 8.00M | 0.17 | 19.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.3:1 on Jun 6, 2023.
Who owns QC Solar (Suzhou) Co. Ltd. A
- Insiders 55.84%
- Institutions 4.06%
- Public & others 40.10%
- Shares outstanding 89.7M
- Free float 42.2M
QC Solar (Suzhou) Co. Ltd. A company profile
- Company name
- QC Solar (Suzhou) Co. Ltd. A
- Ticker
- 301278.SHE
- ISIN
- CNE100005JW9
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 720
- Fiscal year end
- December
- Address
- No. 31, Xinfa Road, Suzhou, China, 215028
- Phone
- 86 512 6260 3391
- Website
- qc-solar.com
About QC Solar (Suzhou) Co. Ltd. A
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.
QC Solar (Suzhou) Co. Ltd. A management
3- Mr. Zhenggang DuanChairman of the Board & GM · born 1977
- Mr. Shaodong XuFinancial Director & Accounting Supervisor · born 1983
- Mr. Xinlin WangDirector, Deputy GM & Secretary of the Board · born 1977