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GCL System Integration Technology Co., Ltd.

GCL System Integration Technology Co., Ltd.

002506.SZ
GCL System Integration Technology Co., Ltd.CN flagShenzhen Stock Exchange
2.74
CNY
-0.06
- -
16.03BMarket Cap
GCL System Integration Technology Co., Ltd.
002506.SZ
(Shenzhen Stock Exchange)

Recent

price

2.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.14
1.52
0.65
0.23
1.07
2.46
2.23
3.03
2.23
1.72
1.17
0.8
1.41
2.73
2.85
2.62
2.72
Revenue per Share
0.18
-0.07
-0.66
-1.83
1.07
0.25
- -
- -
0.01
0.01
-0.52
-0.34
0.01
0.03
0.01
-0.2
-0.05
Basic EPS, GAAP
-0.56
-1.57
-0.7
0.03
-0.49
-0.44
-0.91
-0.09
0.6
0.06
0.13
-0.11
-0.04
-0.11
0.01
0.2
-0.07
Free Cash Flow per Basic Share
0.02
0.13
0.03
0.02
0.07
0.04
0.07
0.11
0.06
0.04
0.03
0.03
0.02
0.02
0.01
0.03
0.02
Dividend per Share
0.6
0.49
-0.25
-2.41
-0.67
0.57
0.27
0.31
0.3
0.31
-0.06
-0.39
-0.37
-0.35
-0.35
-0.54
-0.4
Book Value per Share
2.42
1.57
0.24
-1.84
0.11
1.17
0.65
0.74
0.73
0.75
0.8
0.37
0.36
0.39
0.39
0.16
0.32
Tangible Book Value per Share
1,256
1,571
2,521
2,517
2,518
2,554
5,382
4,771
5,013
5,051
5,084
5,849
5,919
5,841
5,691
5,860
5,821
Basic Weighted Avg Shares
2,687
2,387
1,638
584
2,699
6,284
12,027
14,447
11,191
8,684
5,957
4,701
8,354
15,968
16,240
15,343
15,821
Sales/Revenue/Turnover
13.09
8.12
-51.42
-54.49
4.07
9.19
5.19
4.91
4
0.92
-2.98
-6.67
-0.91
3.02
2.22
-4.71
0.37
Operating Margin (%)
35
62
187
183
103
21
91
163
220
298
393
314
170
251
522
639
- -
Depreciation Expense
220
-110
-1,668
-4,606
2,694
639
-27
24
45
56
-2,638
-1,983
65
158
68
-1,166
-302
Net Income, GAAP
16.72
- -
- -
- -
- -
- -
190.58
57.14
3.45
54.36
- -
- -
23.02
- -
26.16
- -
604.64
Effective Tax Rate (%)
8.2
-4.62
-101.86
-788.03
99.82
10.16
-0.22
0.17
0.4
0.64
-44.29
-42.18
0.78
0.99
0.42
-7.6
-1.91
Profit Margin (%)
2,634
480
-1,198
-4,119
27
3,256
4,099
2,715
-1,238
-2,140
-408
-1,074
-925
-959
-1,684
-3,345
-2,738
Working Capital
- -
122
1,850
1,778
- -
540
1,306
686
314
13
100
161
262
1,351
1,383
1,377
1,331
LT Debt
3,068
3,029
1,204
-4,519
324
3,583
4,184
4,203
4,279
4,442
4,316
2,352
2,266
2,423
2,383
1,130
2,008
Total Equity
11.61
- -
- -
- -
- -
- -
-5.94
2.87
4.55
0.4
- -
- -
-1.56
- -
3.93
- -
- -
Return on Invested Capital (%)
18.89
- -
- -
- -
- -
- -
-7.48
3.21
6.99
3.3
- -
- -
-76.06
- -
11.17
- -
-102.55
Return on Capital (%)
35.73
-14.43
- -
- -
- -
- -
-1.86
1.65
3.03
3.58
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
3,960
4,552
4,119
LT Borrowings
70
70
- -
LT Finance Leases
1,313
1,328
1,331
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,850
5,850
5,850
Market Capitalization
16,282
14,029
15,542

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
10,379
10,425
8,429
Cash, Cash Equivalents & STI
5,136
5,127
3,741
Accounts Receivable, Net
2,778
2,176
2,282
Inventories
1,293
1,656
1,171
Total Current Liabilities
12,063
12,222
11,168
Payables & Accruals
- -
- -
- -
ST Debt
3,960
4,552
4,119
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.65%
-19.3%
-52.6%
Free Cash Flow
158.62%
419.58%
2,270.32%
Net Income, GAAP
-687.98%
-370%
-1,807.43%
Sales/Revenue/Turnover
17.91%
28.79%
-5.52%
Total Cash Common Dividend
35.15%
28.45%
212.78%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,947
5,166
3,877
4,250
16,240
2025
3,155
4,539
3,651
- -
15,343
2026
1,933
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
-0.03
- -
- -
- -
-0.2
2026
-0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.01
2025
0.01
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -
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Business
GCL System Integration Technology Co., Ltd. (002506.SZ) manufactures and sells high-efficiency photovoltaic modules, energy storage systems, and integrated energy solutions principally in China and internationally. The company offers a range of core products including N-type TOPCon solar modules with capacities up to 30 GW annually, TOPCon solar cells at 16 GW production scale, utility-scale energy storage systems (ESS), home energy management systems (HEMS), BIPV products, PV modules, battery components, power stations, EPC services for solar plants up to 4 GW cumulative capacity, O&M services, BOS packages, and remote site solar solutions such as Solarcube containerized systems; it also provides green energy system integration, energy engineering, and carbon chain traceability innovations. Founded in 2003 and headquartered in Suzhou Industrial Park, Jiangsu Province, China, GCL System Integration Technology operates globally across continents with offices in Japan, the United States, and emerging markets, serving utility-scale projects, state-owned enterprises, residential, commercial, and industrial customers as part of the larger GCL Group focused on green low-carbon technologies. Recent developments include a strategic partnership with GPSC in November 2025 to advance clean energy in Thailand, achievement of TÜV Rheinland ISO 14067 carbon footprint declaration and EcoVadis Silver Medal certification in 2025 ranking in the global top 15% for ESG practices, joining the TianGong Initiative as the first solar PV company for supply chain carbon transparency in June 2025, shipment of 21.41 GW modules in 2024 boosting revenues to RMB 16.24 billion with 188% overseas sales growth, Q1 2025 operating income up 7% to RMB 3.16 billion amid industry challenges, and breakthroughs in mass-produced TOPCon modules and agrivoltaic projects in Germany.