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Arctech Solar Holding SHSE:688408 Stock Report

Last Price

CN¥95.25

Market Cap

CN¥11.4b

7D

6.6%

1Y

26.7%

Updated

25 Apr, 2024

Data

Company Financials +

Arctech Solar Holding Co., Ltd.

SHSE:688408 Stock Report

Market Cap: CN¥11.4b

688408 Stock Overview

Arctech Solar Holding Co., Ltd. manufactures and supplies solar trackers, fixed-tilt structures, and building-integrated photovoltaics (BIPV) solutions for utility-scale and commercial solar projects worldwide.

688408 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 688408 from our risk checks.

Arctech Solar Holding Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Arctech Solar Holding
Historical stock prices
Current Share PriceCN¥95.25
52 Week HighCN¥105.55
52 Week LowCN¥54.28
Beta0.0044
1 Month Change5.47%
3 Month Change20.54%
1 Year Change26.66%
3 Year Change-34.76%
5 Year Changen/a
Change since IPO22.43%

Recent News & Updates

Returns On Capital At Arctech Solar Holding (SHSE:688408) Have Stalled

Apr 23
Returns On Capital At Arctech Solar Holding (SHSE:688408) Have Stalled

Market Cool On Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Revenues

Feb 28
Market Cool On Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Revenues

Recent updates

Returns On Capital At Arctech Solar Holding (SHSE:688408) Have Stalled

Apr 23
Returns On Capital At Arctech Solar Holding (SHSE:688408) Have Stalled

Market Cool On Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Revenues

Feb 28
Market Cool On Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Revenues

Shareholder Returns

688408CN ElectricalCN Market
7D6.6%-2.0%-0.4%
1Y26.7%-19.0%-14.4%

Return vs Industry: 688408 exceeded the CN Electrical industry which returned -19% over the past year.

Return vs Market: 688408 exceeded the CN Market which returned -14.4% over the past year.

Price Volatility

Is 688408's price volatile compared to industry and market?
688408 volatility
688408 Average Weekly Movement8.2%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 688408's share price has been volatile over the past 3 months.

Volatility Over Time: 688408's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,467Hao Caiwww.arctechsolar.cn

Arctech Solar Holding Co., Ltd. manufactures and supplies solar trackers, fixed-tilt structures, and building-integrated photovoltaics (BIPV) solutions for utility-scale and commercial solar projects worldwide. The company offers solar tracking and racking systems; and BIPV solutions comprising smart rooftop BIPV solutions, dual rooftop BIPV solutions, and solar carport solutions. It has a production capacity of approximately 6.4GW in China; 2.8GW production capacity in trial operation; and a capacity of 3GW from the Indian manufacturing base.

Arctech Solar Holding Co., Ltd. Fundamentals Summary

How do Arctech Solar Holding's earnings and revenue compare to its market cap?
688408 fundamental statistics
Market capCN¥11.43b
Earnings (TTM)CN¥353.81m
Revenue (TTM)CN¥6.43b

36.6x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688408 income statement (TTM)
RevenueCN¥6.43b
Cost of RevenueCN¥6.01b
Gross ProfitCN¥427.29m
Other ExpensesCN¥73.48m
EarningsCN¥353.81m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.60
Gross Margin6.64%
Net Profit Margin5.50%
Debt/Equity Ratio21.5%

How did 688408 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

6%

Payout Ratio
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