Arctech Solar Holding Balance Sheet Health
Financial Health criteria checks 4/6
Arctech Solar Holding has a total shareholder equity of CN¥3.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are CN¥9.6B and CN¥6.5B respectively. Arctech Solar Holding's EBIT is CN¥795.0M making its interest coverage ratio 37. It has cash and short-term investments of CN¥2.1B.
Key information
55.5%
Debt to equity ratio
CN¥1.74b
Debt
| Interest coverage ratio | 37x |
| Cash | CN¥2.14b |
| Equity | CN¥3.13b |
| Total liabilities | CN¥6.50b |
| Total assets | CN¥9.63b |
Recent financial health updates
No updates
Recent 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 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 28Financial Position Analysis
Short Term Liabilities: 688408's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 688408's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥726.6M).
Debt to Equity History and Analysis
Debt Level: 688408 has more cash than its total debt.
Reducing Debt: 688408's debt to equity ratio has increased from 10.2% to 55.5% over the past 5 years.
Debt Coverage: 688408's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688408's interest payments on its debt are well covered by EBIT (37x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:34 |
| End of Day Share Price | 2024/12/26 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 |
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| 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
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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. |