Arctech Solar Holding Co., Ltd. (SHA:688408)

China · Delayed Price · Currency is CNY

22.98

+0.45 (2.00%)

Sep 30, 2026, 3:00 PM CST

Arctech Solar Holding Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,759	6,885	9,026	6,390	3,703	2,415
Revenue Growth	-40.54%	-23.72%	41.25%	72.59%	53.29%	-22.80%
Gross Profit	813.32	1,135	1,642	1,100	428.13	275.73
Operating Income	-175.4	128.64	788.28	403.27	7.3	-50.96
Net Income	-371.75	-10.1	631.52	345.04	44.43	15.03
Earnings Per Share	-1.84	-0.05	3.11	1.71	0.22	0.07
EPS Growth	-	-	81.87%	672.01%	200.14%	-95.64%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Fixed Bracket	1,758
Tracking Bracket	4,839
BIPV (EPC Project)	234.03
Total	6,831

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,616	2,824	3,714	2,474	1,731	2,034
Total Debt	2,493	2,014	1,457	816.68	493.89	197.59
Net Cash (Debt)	122.82	810.45	2,256	1,657	1,237	1,836
Net Cash Growth	-84.65%	-64.08%	36.18%	33.93%	-32.62%	-24.81%
Net Cash Per Share	0.61	4.01	11.11	8.21	6.17	9.01

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-382.76	-1,134	36.08	798.32	-247.7	123.5
Capital Expenditures	-375.25	-443.57	-287.37	-284.87	-314.2	-453.47
Free Cash Flow	-758.02	-1,577	-251.29	513.45	-561.89	-329.97
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	14.12%	16.49%	18.19%	17.21%	11.56%	11.42%
Operating Margin	-3.04%	1.87%	8.73%	6.31%	0.20%	-2.11%
Pretax Margin	-6.32%	0.56%	8.69%	6.45%	0.93%	0.22%
Profit Margin	-6.46%	-0.15%	7.00%	5.40%	1.20%	0.62%
FCF Margin	-13.16%	-22.91%	-2.78%	8.04%	-15.18%	-13.66%

Dividends

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.000	0.591	0.067	0.020
Dividend Per Share Growth	69.32%	780.18%	233.83%	-93.03%
Dividend Yield	1.42%	1.27%	0.10%	0.02%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	22.87	28.24	300.57	1593.59
Forward PE	20.82	14.36	17.98	20.39	23.11	49.98
P/FCF Ratio	-	-	-	18.98	-	-
PS Ratio	0.87	1.32	1.60	1.53	3.61	9.92