688408.SS
Price:
$43.33
Market Cap:
$9.36B
Arctech Solar Holding Co., Ltd. provides solar tracking and racking systems for utilities, commercial, industrial, and residential projects worldwide. The company offers solar trackers, such as horizontal single axis trackers, horizontal single axis trackers with tilted modules, and tilt single axis trackers that improve the amount of the electricity through orientation of the PV panels towards the sun; and seasonal tilt, and dual and single pole mounting structures. As of December 31, 2018, it had a cumulatively installed capacity of approximately 19 GW; and had completed approximately 700 projects in 24 countries. The company is headquartered in Kunshan, China.
Industry
Solar
IPO Date
2020-08-28
Stock Exchange
SHH
Ticker
688408.SS
According to Arctech Solar Holding Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -0.44% compared to the average of 1.72 of the last 4 quarters.
The mean historical Current Ratio of Arctech Solar Holding Co., Ltd. over the last ten years is 1.56. The current 1.71 Current Ratio has changed 10.86% with respect to the historical average. Over the past ten years (40 quarters), 688408.SS's Current Ratio was at its highest in in the March 2021 quarter at 2.18. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
1.56
Median
1.57
Minimum
1.30
Maximum
1.98
Discovering the peaks and valleys of Arctech Solar Holding Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 47.51%
Maximum Annual Current Ratio = 1.98
Minimum Annual Increase = -21.42%
Minimum Annual Current Ratio = 1.30
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.67 | 24.64% |
| 2023 | 1.34 | -11.27% |
| 2022 | 1.51 | -3.78% |
| 2021 | 1.57 | -20.89% |
| 2020 | 1.98 | 47.51% |
| 2019 | 1.34 | 3.14% |
| 2018 | 1.30 | -21.42% |
| 2017 | 1.66 | -0.80% |
The current Current Ratio of Arctech Solar Holding Co., Ltd. (688408.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.50
5-year avg
1.61
10-year avg
1.56
Arctech Solar Holding Co., Ltd.’s Current Ratio is greater than Solareast Holdings Co., Ltd. (0.95), greater than Shanghai Datun Energy Resources Co., Ltd. (1.24), greater than Kailuan Energy Chemical Co.,Ltd. (1.13), greater than Shaanxi Provincial Natural Gas Co.,Ltd (0.29), greater than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (1.07), greater than Risen Energy Co.,Ltd. (0.61), less than Geo-Jade Petroleum Corporation (1.81), less than Zhejiang Sunflower Great Health Limited Liability Company (7.27), greater than Jiangsu Lopal Tech. Co., Ltd. (0.91), greater than Zhejiang Sunoren Solar Technology Co.,Ltd. (1.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.95 | $7.76B | |
| 1.24 | $8.98B | |
| 1.13 | $9.78B | |
| 0.29 | $8.89B | |
| 1.07 | $10.31B | |
| 0.61 | $11.40B | |
| 1.81 | $11.20B | |
| 7.27 | $9.40B | |
| 0.91 | $11.95B | |
| 1.20 | $4.65B |
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