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    Producer manufacturing

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    Building products
Arctech Solar Holding Co., Ltd. Class A

Arctech Solar Holding Co., Ltd. Class A

SSSE:688408
21.42
CNY
+0.59
(+2.83%)
7.04BMarket Cap
Oct 28Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.02
10.81
13.74
15.01
18.53
11.86
18.46
31.67
44.45
34.07
- -
Basic EPS, GAAP
0.28
0.3
0.64
1.07
1.69
0.07
0.22
1.71
3.11
-0.05
- -
Free Cash Flow per Basic Share
-1.32
0.54
0.37
1.33
1.91
-1.62
-2.8
2.54
-1.24
-7.81
- -
Dividend per Share
0.07
0.06
0.03
0.24
0.03
0.3
0.07
0.23
0.82
1.34
0.26
Book Value per Share
2.72
4.35
4.99
5.87
12.28
12.07
12.34
13.85
20.18
18.74
17.74
Tangible Book Value per Share
2.51
4.1
4.45
5.33
11.78
11.33
11.59
13.12
19.52
18.09
16.92
Basic Weighted Avg Shares
128
146
151
152
169
204
201
202
203
202
217
Sales/Revenue/Turnover
768
1,581
2,074
2,282
3,129
2,415
3,703
6,390
9,026
6,885
- -
Operating Margin (%)
10.52
4.47
7.9
9.61
12.08
-0.47
3.08
9.15
11.15
5.52
- -
Depreciation Expense
13
15
13
16
26
37
59
85
99
118
- -
Net Income, GAAP
35
43
97
162
285
15
44
345
632
-10
- -
Effective Tax Rate (%)
29.22
14.87
17.2
14.51
15.13
- -
- -
16.18
17.84
114.81
- -
Profit Margin (%)
4.57
2.73
4.69
7.11
9.13
0.62
1.2
5.4
7
-0.15
- -
Working Capital
285
509
464
527
2,079
1,494
1,455
1,705
3,304
3,060
2,921
LT Debt
35
- -
- -
- -
- -
11
70
147
395
721
883
Total Equity
412
660
757
890
2,482
2,443
2,499
2,815
4,427
4,124
3,912
Return on Invested Capital (%)
- -
7
13.47
19.14
16.72
- -
- -
11.19
14.45
-0.11
- -
Return on Capital (%)
- -
8.19
13.24
18.38
16.46
- -
- -
11.18
14.06
-0.38
- -
Return on Common Equity (%)
- -
8.05
13.73
19.71
16.93
0.61
1.8
13.03
17.51
-0.24
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,240
1,445
1,565
LT Borrowings
700
836
858
LT Finance Leases
21
17
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
219
219
219
Market Capitalization
9,225
7,816
7,043

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,342
8,968
9,871
Cash, Cash Equivalents & STI
2,824
2,681
2,616
Accounts Receivable, Net
1,881
1,495
1,683
Inventories
2,089
3,164
3,907
Total Current Liabilities
5,282
5,876
6,950
Payables & Accruals
- -
- -
- -
ST Debt
1,240
1,445
1,565
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.76%
-6.84%
Free Cash Flow
- -
11.07%
527.65%
Net Income, GAAP
- -
151.77%
-101.6%
Sales/Revenue/Turnover
- -
24.12%
-23.72%
Total Cash Common Dividend
- -
289.29%
62.76%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,814
1,562
2,606
3,044
9,026
2025
1,559
2,478
- -
1,507
6,885
2026
1,422
1,489
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.14
0.38
0.97
0.98
3.11
2025
0.51
0.22
- -
-0.61
-0.05
2026
-0.22
-0.72
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.04
0.63
0.14
0.82
2025
0.03
1
- -
0.15
1.34
2026
0.05
0.07
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hao Cai
Full Time Employees
2,135
Sector
Producer manufacturing
Industry
Building products
Address
No. 190, Huayang Road Suzhou JS China 215300
IPO Date
Aug 28, 2020
Website
arctechsolar.cn
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Business
Arctech Solar Holding Co., Ltd. (688408.SS) manufactures and supplies intelligent solar trackers, fixed-tilt structures, PV cleaning robots, energy storage solutions, and building-integrated photovoltaics (BIPV) systems for utility-scale and commercial solar projects worldwide. Core products include the SkyLine II single-axis solar tracking system, SkySmart II trackers, cable trackers, smart rooftop BIPV solutions, dual rooftop BIPV solutions, solar carport solutions, intelligent installation robots, hybrid photovoltaic/thermal systems, and intelligent control boxes; the company operates under its innovative 'Tracker+' business model, which integrates these offerings with complementary services to provide holistic solar energy solutions. Founded in 2009 and headquartered in Suzhou, Jiangsu Province, China, Arctech maintains manufacturing facilities in China, India, Saudi Arabia, and Brazil with over 30 GW annual capacity, alongside local offices and service centers in more than 40 countries including Japan, the US, Spain, Australia, UAE, Mexico, Chile, Vietnam, Argentina, South Africa, Colombia, and Southeast Asia regions. As of 2025, the company has delivered over 100 GW of systems to nearly 2,000 PV plants globally, holding top rankings among tracker suppliers by Wood Mackenzie and S&P Global. Recent developments include securing a 1.5 GW SkyLine II tracker supply agreement with PowerChina for the Al Ajban project in the UAE in early 2025, a 1.2 GW contract with China Energy International Engineering for the Khulis PV project in Saudi Arabia in November 2025 bringing its PIF6 cluster commitment to 5.4 GW, approval in September 2024 for a 1.1 billion yuan share issuance to fund solar tracker R&D, production expansions, a PV industrial park, and working capital, and the introduction of the 'Tracker+' model in 2024.