Arctech (SSE-STAR: 688408) is a leading manufacturer and supplier of intelligent solar trackers, fixed-tilt structures and BIPV systems for utility-scale and commercial solar PV projects worldwide. As of the end of 2020, the company had supplied over 32GW of tracking and racking systems to nearly 1,100 PV plants in 40 countries, thanks to its extensive marketing networks including its offices in China, Japan, India, the U.S., Spain, Australia, UAE, Mexico, Chile, Brazil, Vietnam and Argentina.
With innovation and a customer-first philosophy in its DNA, Arctech is committed to offering industry-leading solar trackers and best-in-class services to boost energy yield for solar power plants and maximize returns for investors. For more information, please visit www.arctechsolar.com.
| Full name | Arctech Solar Holding Co., Ltd. |
|---|---|
| Abbreviations | Arctech |
| Code | 688408 |
| Founded | 2009-11-20 |
| Listing | 2020-08-28 |
| Domicile | Suzhou, Jiangsu |
| investor.list@arctechsolar.com | |
| STAR Theme | New Energy |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 2.52 | 1.59 | 0.96 |
| R&D expenditure as a % of operating revenue | 3.61% | 3.57% | 3.10% |
| Operating Revenue | 3,128.60 | 2,281.77 | 2,073.50 |
| Net Income | 285.49 | 162.25 | 97.24 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 3,128.60 | 2,281.77 | 2,073.50 |
| Operating Costs | 2,477.04 | 1,730.06 | 1,647.61 |
| Operating Income | 341.24 | 127.70 | 93.99 |
| Pretax Income | 336.39 | 189.80 | 117.45 |
| Income Tax | 50.90 | 27.54 | 20.20 |
| Net Income | 285.49 | 162.26 | 97.25 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 4,203.95 | 2,063.17 | 2,002.63 |
| Non-current Assets-Total | 459.65 | 408.64 | 298.68 |
| Total Assets | 4,663.60 | 2,471.81 | 2,301.31 |
| Liabilities | |||
| Current Liabilities-Total | 2,122.21 | 1,536.38 | 1,538.16 |
| Non-current Liabilities-Total | 59.10 | 45.60 | 6.28 |
| Total Liabilities | 2,181.31 | 1,581.98 | 1,544.44 |
| Stockholder's Equity | |||
| Share Capital | 1874.25 | 567.20 | 566.40 |
| Retained Profits | 608.02 | 322.61 | 190.46 |
| Minority Interests | 0.01 | 0.01 | 0.01 |
| Total Owners' Equity | 2,482.28 | 889.82 | 756.87 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 407.84 | 253.02 | 100.02 |
| Net Cash Flows-Investing | -802.45 | -20.31 | -247.35 |
| Net Cash Flows-Financing | 1,277.92 | -36.91 | 34.59 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| 蔡浩 | 50.89 | 37.50% |
| 苏州融博投资管理合伙企业（有限合伙） | 8.43 | 6.21% |
| 姜绪荣 | 6.39 | 4.71% |
| 深圳市达晨财智创业投资管理有限公司－深圳市达晨创坤股权投资企业（有限合伙） | 4.57 | 3.37% |
| 陈耀民 | 4.22 | 3.11% |
| 苏州中智万博投资管理合伙企业（有限合伙） | 3.35 | 2.47% |
| 宁波梅山保税港区绿沺投资有限公司 | 3.11 | 2.29% |
| 吴俊保 | 2.04 | 1.50% |
| 上海萃竹股权投资管理中心（有限合伙） | 2.04 | 1.50% |
| 安徽高新金通安益二期创业投资基金（有限合伙） | 1.96 | 1.44% |
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