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.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 6/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
Arctech Solar Holding Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥55.74 |
| 52 Week High | CN¥73.82 |
| 52 Week Low | CN¥36.43 |
| Beta | -0.025 |
| 11 Month Change | -17.98% |
| 3 Month Change | -18.56% |
| 1 Year Change | 42.46% |
| 33 Year Change | -57.19% |
| 5 Year Change | n/a |
| Change since IPO | 6.75% |
Recent News & Updates
Arctech Solar Holding Co., Ltd. (SHSE:688408) Doing What It Can To Lift Shares
Aug 14
We 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 01Recent updates
Arctech 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 | 2.2% | -0.05% | -2.2% |
| 1Y | 42.5% | -19.0% | -18.0% |
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 -18% over the past year.
Price Volatility
| 688408 volatility | |
|---|---|
| 688408 Average Weekly Movement | 5.6% |
| Electrical Industry Average Movement | 5.9% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in CN Market | 8.9% |
| 10% least volatile stocks in CN Market | 3.7% |
Stable Share Price: 688408's share price has been volatile over the past 3 months.
Volatility Over Time: 688408's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 1,635 | 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¥11.29b |
| Earnings (TTM) | CN¥460.27m |
| Revenue (TTM) | CN¥7.39b |
24.3x
P/E Ratio1.5x
P/S RatioIs 688408 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 688408 income statement (TTM) | |
|---|---|
| Revenue | CN¥7.39b |
| Cost of Revenue | CN¥6.01b |
| Gross Profit | CN¥1.38b |
| Other Expenses | CN¥922.37m |
| Earnings | CN¥460.27m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 28, 2024
| Earnings per share (EPS) | 2.29 |
| Gross Margin | 18.71% |
| Net Profit Margin | 6.23% |
| Debt/Equity Ratio | 32.0% |
How did 688408 perform over the long term?
See historical performance and comparison