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. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
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Arctech Solar Holding Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥70.29 |
| 52 Week High | CN¥100.57 |
| 52 Week Low | CN¥41.05 |
| Beta | 0.20 |
| 1 Month Change | -16.00% |
| 3 Month Change | 5.07% |
| 1 Year Change | 65.69% |
| 3 Year Change | -46.16% |
| 5 Year Change | n/a |
| Change since IPO | 34.62% |
Recent News & Updates
Arctech Solar Holding's (SHSE:688408) Solid Profits Have Weak Fundamentals
Nov 06
Calculating The Intrinsic Value Of Arctech Solar Holding Co., Ltd. (SHSE:688408)
Oct 19Further Upside For Arctech Solar Holding Co., Ltd. (SHSE:688408) Shares Could Introduce Price Risks After 40% Bounce
Oct 01Recent updates
Arctech Solar Holding's (SHSE:688408) Solid Profits Have Weak Fundamentals
Nov 06Calculating The Intrinsic Value Of Arctech Solar Holding Co., Ltd. (SHSE:688408)
Oct 19Further Upside For Arctech Solar Holding Co., Ltd. (SHSE:688408) Shares Could Introduce Price Risks After 40% Bounce
Oct 01Arctech Solar Holding Co., Ltd. (SHSE:688408) Doing What It Can To Lift Shares
Aug 14We Ran A Stock Scan For Earnings Growth And Arctech Solar Holding (SHSE:688408) Passed With Ease
May 21Investors Shouldn't Be Too Comfortable With Arctech Solar Holding's (SHSE:688408) Earnings
May 01Returns On Capital At Arctech Solar Holding (SHSE:688408) Have Stalled
Apr 23Market Cool On Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Revenues
Feb 28Shareholder Returns
| 688408 | CN Electrical | CN Market | |
|---|---|---|---|
| 7D | -5.0% | -0.8% | -1.2% |
| 1Y | 65.7% | 22.3% | 11.8% |
Return vs Industry: 688408 exceeded the CN Electrical industry which returned 22.3% over the past year.
Return vs Market: 688408 exceeded the CN Market which returned 11.8% over the past year.
Price Volatility
| 688408 volatility | |
|---|---|
| 688408 Average Weekly Movement | 12.2% |
| Electrical Industry Average Movement | 9.0% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.8% |
| 10% least volatile stocks in CN Market | 5.7% |
Stable Share Price: 688408's share price has been volatile over the past 3 months compared to the CN market.
Volatility Over Time: 688408's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 1,850 | Hao Cai | www.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
| 688408 fundamental statistics | |
|---|---|
| Market cap | CN¥14.10b |
| Earnings (TTM) | CN¥614.93m |
| Revenue (TTM) | CN¥8.98b |
22.9x
P/E Ratio1.6x
P/S RatioIs 688408 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 688408 income statement (TTM) | |
|---|---|
| Revenue | CN¥8.98b |
| Cost of Revenue | CN¥7.27b |
| Gross Profit | CN¥1.71b |
| Other Expenses | CN¥1.10b |
| Earnings | CN¥614.93m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.07 |
| Gross Margin | 19.09% |
| Net Profit Margin | 6.85% |
| Debt/Equity Ratio | 55.5% |
How did 688408 perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield20%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arctech Solar Holding Co., Ltd. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |
| Dennis Ip | Daiwa Securities Co. Ltd. |
| Yue Zhu | Industrial Securities Co. Ltd. |