---
title: "Arctech Solar Holding Co., Ltd. (688408.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688408.SH.md"
symbol: "688408.SH"
name: "Arctech Solar Holding Co., Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T12:40:12.807Z"
locales:
  - [en](https://longbridge.com/en/quote/688408.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688408.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688408.SH.md)
---

# Arctech Solar Holding Co., Ltd. (688408.SH)

## Company Overview

Arctech Solar Holding Co., Ltd. manufactures and supplies solar trackers, fixed-tilt structures, cleaning robots, and energy storage solutions worldwide. The company offers solar tracking and racking systems; Mounting System, Tracking System; Cleaning Robot; photovoltaic tracking bracket systems, fixed bracket systems, flexible, Support systems, BIPV solutions. It has a production capacity of approximately 6.4GW in China; 2.8GW production capacity in trial operation; a capacity of 3GW from the Indian manufacturing base; 3 GW Saudi and  Brazil facility.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.arctechsolar.cn](https://www.arctechsolar.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:11.000Z

**Overall: D (0.61)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 246 / 261 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -23.06% |  |
| Net Profit YoY | -128.72% |  |
| P/B Ratio | 2.07 |  |
| Dividend Ratio | 2.58% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 8424898169.06 |  |
| Revenue | 6759989466.30 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -3.93% | D |
| Profit Margin | -2.50% | D |
| Gross Margin | 15.47% | D |
| Revenue YoY | -23.06% | E |
| Net Profit YoY | -128.72% | E |
| Total Assets YoY | 8.84% | B |
| Net Assets YoY | -10.12% | D |
| Cash Flow Margin | 515.91% | A |
| OCF YoY | -23.06% | E |
| Turnover | 0.64 | B |
| Gearing Ratio | 62.80% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Arctech Solar Holding Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-23.06%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-128.72%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.07",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.58%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "8424898169.06",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "6759989466.30",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-3.93%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-2.50%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "15.47%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-23.06%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-128.72%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "8.84%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-10.12%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "515.91%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-23.06%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.64",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "62.80%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -49.83 | 240/261 | 30.53 | 24.00 | 17.78 |
| PB | 2.07 | 29/261 | 2.44 | 2.31 | 2.17 |
| PS (TTM) | 1.25 | 28/261 | 1.25 | 1.15 | 1.07 |
| Dividend Yield | 2.58% | 19/261 | 2.35% | 2.16% | 1.96% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-17T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 2 | 67% |
| Overweight | 1 | 33% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 39.94 |
| Highest Target | 56.00 |
| Lowest Target | 48.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688408.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688408.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688408.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688408.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**