Arctech Solar Holding Co., Ltd.

XSSC:688408 Stock Report

Market Cap: CN¥14.3b

Arctech Solar Holding Valuation

Is 688408 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 688408 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688408 (CN¥71.5) is trading below our estimate of fair value (CN¥79.93)

Significantly Below Fair Value: 688408 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688408?

Key metric: As 688408 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688408. This is calculated by dividing 688408's market cap by their current earnings.
What is 688408's PE Ratio?
PE Ratio23.3x
EarningsCN¥614.93m
Market CapCN¥14.34b

Price to Earnings Ratio vs Peers

How does 688408's PE Ratio compare to its peers?

The above table shows the PE ratio for 688408 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.5x
300820 Sichuan Injet Electric
27.9x26.3%CN¥12.9b
300827 Sineng ElectricLtd
41.1x39.6%CN¥15.9b
688032 Hoymiles Power Electronics
42.2x43.1%CN¥14.6b
002335 Kehua Data
46.6x42.0%CN¥14.1b
688408 Arctech Solar Holding
23.3x25.6%CN¥14.3b

Price-To-Earnings vs Peers: 688408 is good value based on its Price-To-Earnings Ratio (23.3x) compared to the peer average (40x).

Price to Earnings Ratio vs Industry

How does 688408's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
688408 23.3xIndustry Avg. 36.9xNo. of Companies34PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688408 is good value based on its Price-To-Earnings Ratio (23.3x) compared to the CN Electrical industry average (36.4x).

Price to Earnings Ratio vs Fair Ratio

What is 688408's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688408 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.3x
Fair PE Ratio28x

Price-To-Earnings vs Fair Ratio: 688408 is good value based on its Price-To-Earnings Ratio (23.3x) compared to the estimated Fair Price-To-Earnings Ratio (28x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 688408 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥71.50
CN¥91.13
+27.5%
6.1%CN¥98.40CN¥85.00n/a3
Dec ’25CN¥79.50
CN¥91.13
+14.6%
6.1%CN¥98.40CN¥85.00n/a3
Nov ’25CN¥80.20
CN¥86.13
+7.4%
11.1%CN¥98.40CN¥75.00n/a3
Oct ’25CN¥83.96
CN¥73.00
-13.1%
3.9%CN¥75.00CN¥69.00n/a3
Sep ’25CN¥60.13
CN¥70.23
+16.8%
11.2%CN¥78.90CN¥58.03n/a4
Aug ’25CN¥62.94
CN¥66.22
+5.2%
13.7%CN¥78.90CN¥58.03n/a3
Jul ’25CN¥61.81
CN¥59.89
-3.1%
3.1%CN¥61.74CN¥58.03n/a2
Jun ’25CN¥66.78
CN¥59.89
-10.3%
3.1%CN¥61.74CN¥58.03n/a2
May ’25CN¥70.88
CN¥59.89
-15.5%
3.1%CN¥61.74CN¥58.03n/a2
Apr ’25CN¥63.49
CN¥59.89
-5.7%
3.1%CN¥61.74CN¥58.03n/a2
Mar ’25CN¥58.79
CN¥56.03
-4.7%
10.1%CN¥61.74CN¥48.32n/a3
Feb ’25CN¥49.66
CN¥53.17
+7.1%
9.1%CN¥58.03CN¥48.32n/a2
Jan ’25CN¥48.15
CN¥54.36
+12.9%
11.1%CN¥60.40CN¥48.32n/a2
Dec ’24CN¥44.77
CN¥54.36
+21.4%
11.1%CN¥60.40CN¥48.32CN¥79.502
Nov ’24CN¥51.68
CN¥54.36
+5.2%
11.1%CN¥60.40CN¥48.32CN¥80.202
Oct ’24CN¥49.97
CN¥54.36
+8.8%
11.1%CN¥60.40CN¥48.32CN¥83.962
Sep ’24CN¥44.83
CN¥54.36
+21.3%
11.1%CN¥60.40CN¥48.32CN¥60.132
Aug ’24CN¥46.38
CN¥72.64
+56.6%
20.7%CN¥93.77CN¥60.40CN¥62.943
Jul ’24CN¥56.60
CN¥72.64
+28.4%
20.7%CN¥93.77CN¥60.40CN¥61.813
Jun ’24CN¥48.81
CN¥77.12
+58.0%
16.2%CN¥93.77CN¥63.76CN¥66.783
May ’24CN¥50.77
CN¥77.12
+51.9%
16.2%CN¥93.77CN¥63.76CN¥70.883
Apr ’24CN¥54.92
CN¥86.74
+57.9%
10.5%CN¥93.77CN¥73.83CN¥63.493
Mar ’24n/a
CN¥86.74
0%
10.5%CN¥93.77CN¥73.83CN¥58.793
Feb ’24n/a
CN¥93.19
0%
0.6%CN¥93.77CN¥92.62CN¥49.662

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:11
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 7 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.

AnalystInstitution
Yi LiuCitic Securities Co., Ltd.
Dennis IpDaiwa Securities Co. Ltd.
Yue ZhuIndustrial Securities Co. Ltd.