Arctech Solar Holding Co Ltd

688408 · SHG · Technology / Solar

22.18CNY-0.98 (-4.23%)

Price History

Full chart

Market Stats

Previous Close23.16

Open23.22

Day Range22.07 – 23.34

52-Week Range21.78 – 55.58

Volume3.84M

Market Cap5.03B

P/E (TTM)0.00

Forward P/E0.00

EPS-1.72

Dividend Yield0.00%

Beta0.50

50-Day Avg24.62

200-Day Avg35.56

About

Arctech Solar Holding Co., Ltd., together with its subsidiaries, manufactures and supplies integrated photovoltaic power generation system solutions and products in China and internationally. The company offers solar trackers; fixed-tilt structures; flexible PV mounting systems; PV cleaning robots; utility-scale, commercial, and industrial energy storage; balcony solar kits and building integrated photovoltaics; and mobile solar microgrids. It also provides agrivoltaics, terrain-adaptive, mitigate extreme weather risk, module compatibility, and smart manufacturing solutions. In addition, the company engages in the manufacturing and sale of photovoltaic brackets, stereo garages, reducers, special equipment, and other related materials and components; emerging energy technology research and development; technical services; photovoltaic power development and consulting; and investment management. It exports its products. The company was founded in 2009 and is headquartered in Kunshan, China.

Company Details

SectorTechnology
IndustrySolar
CEOMr. Hao Cai
Employees2.16K
HeadquartersNo. 190, Huayang Road, Kunshan, China, 215300, China
Websitehttps://en.arctechsolar.com

Leadership

Mr. Hao CaiChairman of the Board & GM · b. 1971
Mr. Suolong JingCFO, Accounting Supervisor & Deputy GM · b. 1969
Mr. Ying YangDeputy GM, Head of R&D & Director · b. 1982
Mr. Shijun ZhouDeputy GM & Employee Representative Director · b. 1984
Mr. Yijun LiuDeputy GM & Board Secretary · b. 1982
Mr. Sihai WuDeputy General Manager · b. 1975
Mr. Xuefang PanDeputy General Manager · b. 1973
Mr. Fuhai ChenDeputy General Manager · b. 1975
Mr. Chun Qing ZhangCore Technical Staff · b. 1987
Mr. Wei Min ZhiCore Technical Staff · b. 1975

Financials

Income Statement

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	768.02M	1.58B	2.07B	2.28B	3.13B	2.42B	3.70B	6.39B	9.03B	6.85B
Growth (%)	-	+105.79%	+31.19%	+10.04%	+37.11%	-22.80%	+53.29%	+72.59%	+41.25%	-24.09%
Cost of Revenue	575.36M	1.31B	1.65B	1.74B	2.49B	2.14B	3.27B	5.29B	7.38B	5.71B
Gross Profit	192.66M	271.15M	420.99M	538.27M	635.89M	275.73M	428.13M	1.10B	1.64B	6.85B
Gross Margin	25.09%	17.16%	20.30%	23.59%	20.33%	11.42%	11.56%	17.21%	18.19%	100.00%
Operating Expense	149.54M	221.57M	304.48M	350.56M	301.18M	274.38M	394.67M	687.00M	855.39M	6.81B
Operating Income	43.12M	49.58M	116.50M	187.71M	334.71M	1.36M	33.46M	413.02M	786.29M	37.62M
Operating Margin	5.61%	3.14%	5.62%	8.23%	10.70%	0.06%	0.90%	6.46%	8.71%	0.55%
EBITDA	71.78M	76.88M	139.56M	216.30M	368.01M	50.27M	100.86M	525.14M	941.77M	118.71M
EBITDA Margin	9.35%	4.86%	6.73%	9.48%	11.76%	2.08%	2.72%	8.22%	10.43%	1.73%
Net Income	35.13M	43.18M	97.24M	162.25M	285.49M	15.03M	44.43M	345.04M	631.52M	-9.88M
Net Income Margin	4.57%	2.73%	4.69%	7.11%	9.13%	0.62%	1.20%	5.40%	7.00%	-0.14%
R&D	26.96M	49.78M	64.20M	81.55M	112.83M	120.24M	127.39M	170.29M	203.12M	160.95M
R&D as % of Total Revenue	3.51%	3.15%	3.10%	3.57%	3.61%	4.98%	3.44%	2.66%	2.25%	2.35%
Interest Expense	9.41M	11.17M	9.46M	10.47M	5.56M	10.18M	13.70M	35.30M	71.67M	57.12M
Interest Expense % of Total Revenue	1.23%	0.71%	0.46%	0.46%	0.18%	0.42%	0.37%	0.55%	0.79%	0.83%

Balance Sheet

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	967.46M	1.44B	2.30B	2.47B	4.66B	5.16B	5.59B	8.17B	9.92B	10.29B
Total Liabilities	555.58M	781.42M	1.54B	1.58B	2.18B	2.72B	3.09B	5.35B	5.50B	-4.27B
Total Equity	412.93M	659.79M	756.86M	889.81M	2.48B	2.44B	2.50B	2.80B	4.41B	4.27B
Cash	112.24M	392.30M	373.99M	555.81M	1.57B	1.26B	1.46B	1.95B	2.86B	2.34B
Total Debt	120.00M	45.00M	84.91M	87.82M	65.53M	197.59M	438.76M	749.39M	1.35B	-
Net Debt	7.76M	-347.30M	-289.09M	-467.99M	-1.51B	-1.06B	-1.03B	-1.20B	-1.51B	-

Cash Flow

Currency: CNY	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-129.55M	118.24M	100.02M	253.02M	407.84M	123.50M	-247.70M	809.42M	36.08M	-1.13B
Investing Cash Flow	-35.52M	27.15M	-247.35M	-20.31M	-802.45M	-243.15M	202.62M	-538.25M	-623.05M	-
Financing Cash Flow	223.35M	145.72M	34.59M	-36.91M	1.28B	59.04M	245.32M	167.23M	1.52B	-
Capital Expenditure	39.15M	39.28M	43.49M	51.45M	85.19M	453.47M	314.20M	284.87M	287.37M	443.57M
Free Cash Flow	-168.69M	78.96M	56.53M	201.57M	322.65M	-329.97M	-561.89M	513.45M	-251.29M	-1.58B
Dividends Paid	8.52M	8.92M	4.37M	30.00M	5.70M	58.36M	4.07M	13.58M	165.79M	269.84M
FCF to OCF	130.22%	66.78%	56.52%	79.67%	79.11%	-267.20%	226.85%	63.43%	-696.57%	139.13%
Dividend Paid to FCF	-5.05%	11.30%	7.73%	14.88%	1.77%	-17.69%	-0.72%	2.65%	-65.97%	-17.11%

Earnings

Report Date	Oct 28, 2020	Feb 23, 2021	Apr 29, 2021	Aug 19, 2021	Oct 29, 2021	Apr 27, 2022	Aug 30, 2022	Oct 28, 2022	Apr 27, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-
EPS Actual	0.46	0.83	0.11	0.15	0.12	-0.07	0.06	-0.08	0.42
Surprise	-	-	-	-	-	-	-	-	-
Timing	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap5.03B

Enterprise Value4.91B

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.87

Price / Book1.31

EPS-1.72

Book Value17.91

Revenue (TTM)5.76B

Gross Profit (TTM)813.32M

EBITDA-62.07M

Profit Margin-6.46%

Operating Margin-8.54%

Return on Equity-8.61%

Return on Assets-1.01%

Shares Outstanding219.07M

Shares Float127.31M

Beta0.50

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Dividends

20251×

1.00Jun 26, 2025

20241×

0.88Jul 11, 2024

20231×

0.07Jun 30, 2023

20221×

0.02Jun 2, 2022

20211×

0.29Jun 9, 2021

Stock Splits

Jul 11, 20241.49:1