Arctech Solar Holding Co Ltd
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 app… Read more
Arctech Solar Holding Co Ltd (688408) - Total Assets
Latest total assets as of September 2025: CN¥9.93 Billion CNY
Based on the latest financial reports, Arctech Solar Holding Co Ltd (688408) holds total assets worth CN¥9.93 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Arctech Solar Holding Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Arctech Solar Holding Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Arctech Solar Holding Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Arctech Solar Holding Co Ltd's total assets of CN¥9.93 Billion consist of 83.2% current assets and 16.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 28.8% |
| Accounts Receivable | CN¥2.67 Billion | 26.9% |
| Inventory | CN¥1.41 Billion | 14.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥144.62 Million | 1.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Arctech Solar Holding Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Arctech Solar Holding Co Ltd's current assets represent 83.2% of total assets in 2024, an increase from 73.3% in 2016.
- Cash Position: Cash and equivalents constituted 28.8% of total assets in 2024, up from 11.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 3.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 26.9% of total assets.
Arctech Solar Holding Co Ltd Competitors by Total Assets
Key competitors of Arctech Solar Holding Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Arctech Solar Holding Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Arctech Solar Holding Co Ltd generates 0.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Arctech Solar Holding Co Ltd generates $6.36 in net profit.
Arctech Solar Holding Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.71 | 1.40 | 1.98 |
| Quick Ratio | 1.35 | 0.97 | 1.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.37 Billion | CN¥ 2.33 Billion | CN¥ 2.08 Billion |
Arctech Solar Holding Co Ltd - Advanced Valuation Insights
This section examines the relationship between Arctech Solar Holding Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.43 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 21.5% |
| Total Assets | CN¥9.92 Billion |
| Market Capitalization | $770.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Arctech Solar Holding Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Arctech Solar Holding Co Ltd's assets grew by 21.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Arctech Solar Holding Co Ltd (2016–2024)
The table below shows the annual total assets of Arctech Solar Holding Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.92 Billion | +21.53% |
| 2023-12-31 | CN¥8.17 Billion | +46.01% |
| 2022-12-31 | CN¥5.59 Billion | +8.31% |
| 2021-12-31 | CN¥5.16 Billion | +10.71% |
| 2020-12-31 | CN¥4.66 Billion | +88.67% |
| 2019-12-31 | CN¥2.47 Billion | +7.41% |
| 2018-12-31 | CN¥2.30 Billion | +59.68% |
| 2017-12-31 | CN¥1.44 Billion | +48.97% |
| 2016-12-31 | CN¥967.46 Million | -- |