QC Solar Past Earnings Performance
Past criteria checks 2/6
QC Solar has been growing earnings at an average annual rate of 27.9%, while the Electrical industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 19.7% per year. QC Solar's return on equity is 10.8%, and it has net margins of 13.1%.
Key information
27.9%
Earnings growth rate
22.2%
EPS growth rate
| Electrical Industry Growth | 14.0% |
| Revenue growth rate | 19.7% |
| Return on equity | 10.8% |
| Net Margin | 13.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How QC Solar makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,039 | 136 | 49 | 54 |
| 30 Jun 24 | 1,182 | 176 | 39 | 58 |
| 31 Mar 24 | 1,238 | 195 | 39 | 58 |
| 31 Dec 23 | 1,285 | 194 | 41 | 57 |
| 30 Sep 23 | 1,268 | 178 | 40 | 44 |
| 30 Jun 23 | 1,208 | 159 | 44 | 40 |
| 31 Mar 23 | 1,155 | 136 | 35 | 39 |
| 01 Jan 23 | 1,100 | 118 | 32 | 38 |
| 30 Sep 22 | 1,013 | 104 | 32 | 34 |
| 30 Jun 22 | 963 | 84 | 29 | 32 |
| 31 Mar 22 | 827 | 72 | 32 | 29 |
| 01 Jan 22 | 736 | 65 | 33 | 28 |
| 01 Jan 21 | 503 | 64 | 26 | 26 |
| 01 Jan 20 | 353 | 41 | 19 | 23 |
| 31 Dec 18 | 305 | 31 | 15 | 16 |
Quality Earnings: 301278 has high quality earnings.
Growing Profit Margin: 301278's current net profit margins (13.1%) are lower than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301278's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: 301278's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 301278 had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Electrical industry average (1.1%).
Return on Equity
High ROE: 301278's Return on Equity (10.8%) is considered low.