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Arctech Solar Holding SHSE:688408 Stock Report

Last Price

CN¥101.43

Market Cap

CN¥13.5b

7D

0.7%

1Y

26.1%

Updated

13 Jun, 2024

Data

Company Financials +

Arctech Solar Holding Co., Ltd.

SHSE:688408 Stock Report

Market Cap: CN¥13.5b

688408 Stock Overview

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
Valuation2/6
Future Growth6/6
Past Performance4/6
Financial Health4/6
Dividends2/6

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¥101.43
52 Week HighCN¥109.99
52 Week LowCN¥54.28
Beta0.0058
1 Month Change-3.58%
3 Month Change8.50%
1 Year Change26.11%
3 Year Change-34.26%
5 Year Changen/a
Change since IPO30.37%

Recent News & Updates

We Ran A Stock Scan For Earnings Growth And Arctech Solar Holding (SHSE:688408) Passed With Ease

May 21
We Ran A Stock Scan For Earnings Growth And Arctech Solar Holding (SHSE:688408) Passed With Ease

Investors Shouldn't Be Too Comfortable With Arctech Solar Holding's (SHSE:688408) Earnings

May 01
Investors Shouldn't Be Too Comfortable With Arctech Solar Holding's (SHSE:688408) Earnings

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

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

Recent updates

We Ran A Stock Scan For Earnings Growth And Arctech Solar Holding (SHSE:688408) Passed With Ease

May 21
We Ran A Stock Scan For Earnings Growth And Arctech Solar Holding (SHSE:688408) Passed With Ease

Investors Shouldn't Be Too Comfortable With Arctech Solar Holding's (SHSE:688408) Earnings

May 01
Investors Shouldn't Be Too Comfortable With Arctech Solar Holding's (SHSE:688408) Earnings

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
7D0.7%-3.9%-0.9%
1Y26.1%-15.3%-14.4%

Return vs Industry: 688408 exceeded the CN Electrical industry which returned -15.3% 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 Movement6.9%
Electrical Industry Average Movement7.0%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 688408 has not had significant price volatility in the past 3 months.

Volatility Over Time: 688408's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,635Hao 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¥13.46b
Earnings (TTM)CN¥460.27m
Revenue (TTM)CN¥7.39b

29.8x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688408 income statement (TTM)
RevenueCN¥7.39b
Cost of RevenueCN¥6.01b
Gross ProfitCN¥1.38b
Other ExpensesCN¥922.37m
EarningsCN¥460.27m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.41
Gross Margin18.71%
Net Profit Margin6.23%
Debt/Equity Ratio32.0%

How did 688408 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

26%

Payout Ratio
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