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

Arctech Solar Holding Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,270	2,339	2,858	1,954	1,465	1,261
Trading Asset Securities	345.62	485.43	856.25	520	266.48	772.93
Cash & Short-Term Investments	2,616	2,824	3,714	2,474	1,731	2,034
Cash Growth	-0.22%	-23.96%	50.14%	42.90%	-14.89%	-18.89%
Accounts Receivable	2,472	2,723	2,646	2,292	1,719	1,159
Other Receivables	15.86	16.44	24.67	16.01	23.75	9.34
Receivables	2,488	2,739	2,670	2,308	1,743	1,168
Inventory	3,907	2,089	1,414	1,758	757.83	721.28
Other Current Assets	859.1	690.32	453.88	211.39	88.96	205.7
Total Current Assets	9,871	8,342	8,252	6,750	4,321	4,129
Property, Plant & Equipment	1,571	1,584	1,372	1,133	1,014	778.82
Long-Term Investments	16.53	15.81	21.75	10.68	2.44	0.41
Other Intangible Assets	179.55	141.23	144.62	146.89	151.81	149.73
Long-Term Deferred Tax Assets	200.52	152.21	119.6	105.72	89.06	61.39
Long-Term Deferred Charges	15.2	12.14	7.75	7.87	10.3	10.65
Other Long-Term Assets	44.18	39.68	5.93	10.75	4.24	33.37
Total Assets	11,898	10,287	9,923	8,165	5,592	5,163

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,838	3,020	3,369	3,356	2,070	2,024
Accrued Expenses	60.49	230.62	156.04	91.33	56.38	32.03
Short-Term Debt	1,279	1,055	955.55	609.33	364.06	182.19
Current Portion of Long-Term Debt	286.33	176.95	48.09	-	-	-
Current Portion of Leases	-	5.64	10.63	6.17	4.56	4.07
Current Income Taxes Payable	81.28	24.93	85.47	54.94	13.75	8.07
Current Unearned Revenue	1,317	725.92	224.98	770.99	284.18	245.69
Other Current Liabilities	87.72	42.37	97.86	155.71	72.34	138.85
Total Current Liabilities	6,950	5,282	4,948	5,045	2,865	2,635
Long-Term Debt	858.29	754.76	376.17	140.48	100.82	-
Long-Term Leases	24.31	20.97	66.99	60.71	24.45	11.32
Long-Term Unearned Revenue	88.96	91.3	90.37	96.24	99.57	73.6
Long-Term Deferred Tax Liabilities	2.82	1.01	0.84	-	-	0.44
Other Long-Term Liabilities	61.59	13.27	14.17	8.58	2.96	0.58
Total Liabilities	7,986	6,163	5,496	5,351	3,093	2,720

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	219.07	219.07	218.52	135.82	135.72	135.72
Additional Paid-In Capital	2,819	2,819	2,802	1,779	1,754	1,740
Retained Earnings	1,018	1,222	1,449	936.63	605.17	564.81
Treasury Stock	-184.39	-184.39	-87.02	-64.42	-	-
Comprehensive Income & Other	14.13	28.91	27.29	15.13	0.3	0.02
Total Common Equity	3,886	4,104	4,410	2,802	2,495	2,440
Minority Interest	26.42	19.8	16.53	12.14	3.88	2.44
Shareholders' Equity	3,912	4,124	4,427	2,815	2,499	2,443
Total Liabilities & Equity	11,898	10,287	9,923	8,165	5,592	5,163

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,448	2,014	1,457	816.68	493.89	197.59
Net Cash (Debt)	168.47	810.45	2,256	1,657	1,237	1,836
Net Cash Growth	-78.95%	-64.08%	36.18%	33.93%	-32.62%	-24.81%
Net Cash Per Share	0.83	4.01	11.11	8.21	6.17	9.01
Filing Date Shares Outstanding	213.3	216.99	217.26	200.49	202.22	202.22
Total Common Shares Outstanding	213.3	216.99	217.26	200.49	202.22	202.22
Working Capital	2,921	3,060	3,304	1,705	1,455	1,494
Book Value Per Share	18.22	18.92	20.30	13.98	12.34	12.07
Tangible Book Value	3,706	3,963	4,266	2,656	2,344	2,291
Tangible Book Value Per Share	17.38	18.26	19.63	13.25	11.59	11.33
Buildings	-	975.15	748.58	576.32	491.81	227.83
Machinery	-	870.32	728.99	548.44	509.74	278.56
Construction In Progress	-	63.83	83.29	130.69	105.68	326.23
Order Backlog	-	9,100	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

Data Sources Report a data error