Which companies are Arctech Solar's closest peers?

The cockpit's peer set: Center International (603098.SS), Samhyun (437730.KS), Zhejiang Southeast Space Frame (002135.SZ), James Halstead (JHD.L), Arrow Home (001322.SZ), Nanjing Kangni Mechanical & Electrical (603111.SS), Yimikang Tech (300249.SZ), NPK International (NPKI).

Is Arctech Solar expensive compared with its peers?

On forward p/e it trades at 34.8× against a peer median of 18.1×, 6th most expensive of 17 in its peer set.

How has Arctech Solar stock performed?

Over six months to 6 Nov 2026 the shares returned -38.4% against -15.3% for the median peer; over one year -42.6%.

← CockpitCompetitor Analysis › 688408.SS Arctech Solar Holding Co., Ltd. Class AOpen in the cockpit ↗

Arctech Solar Holding Co., Ltd. Class A688408.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Building Products

Momentum neutral 45

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$820M

US dollars, full cap

Free float

55%

of shares outstanding

$/day

$17.3M

20-day average traded

Fwd P/E

34.8×

forward earnings

ROIC−WACC

-6.9 pp

WACC 6.9%

Hurdle

n/a

no reverse DCF

Next earnings

174 days

29 Apr 2027

Close · CNYCN¥24.96

1D-3.4%

1W+15.7%

1M+10.5%

3M-10.9%

6M-38.4%

YTD-40.7%

1Y-42.6%

ATR %5.4%

52w lowhigh55.1% off high

What Arctech Solar does

Employees: 2,135

Arctech Solar at a glance

Size Arctech Solar (688408.SS) is a China Industrials company (Building Products) with a market value of $820M, the 2698th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.96 on 6 Nov 2026.

Performance Over six months the shares fell 38.4%, against -15.3% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue fell 19.1% over the last twelve months (peer median +0.8%); the operating margin is -1.5% (peer median 5.1%).

Valuation It trades at 34.8× forward earnings against a peer median of 18.1× (6th most expensive of 17).

Capital Return on invested capital runs 6.9 points below its cost of capital (6.9% WACC).

Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Arctech Solar against the median of its 20 peers (local-currency closes).

Arctech Solar financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥6.82B	CN¥6.87B	CN¥9.01B	CN¥6.39B	CN¥3.69B
Revenue growth	—	-24%	+41%	+73%	—
Gross profit	CN¥952M	CN¥1.13B	CN¥1.63B	CN¥1.12B	CN¥420M
EBITDA	n/a	CN¥244M	CN¥888M	CN¥493M	CN¥83.9M
Net income	-CN¥321M	-CN¥10.1M	CN¥632M	CN¥345M	CN¥44.4M
Free cash flow	-CN¥680M	-CN¥1.56B	-CN¥242M	CN¥525M	-CN¥554M
Capital expenditure	CN¥321M	CN¥444M	CN¥287M	CN¥285M	CN¥314M
Total debt	CN¥4.68B	CN¥3.93B	CN¥3.65B	CN¥2.96B	CN¥1.83B

Quarterly statements and history in the cockpit →

Arctech Solar competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Arctech Solar is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Arctech Solar is the large dot.

Arctech Solar competitors and peer comparison

How Arctech Solar compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Arctech Solar against its 20 peers (data as of 6 Nov 2026)
Measure	688408.SS	Peer median	Rank in peer set
1-month return	+10.5%	-6.8%	3rd highest of 21
6-month return	-38.4%	-15.3%	3rd lowest of 21
Distance from 52-week high	-55.1%	-37.0%	2nd lowest of 21
Revenue growth (TTM)	-19.1%	+0.8%	3rd lowest of 21
Operating margin	-1.5%	5.1%	4th lowest of 21
Forward P/E	34.8×	18.1×	6th most expensive of 17
ROIC minus cost of capital	-6.9 pp	-2.0 pp	5th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Arctech Solar 688408.SS	China	$820M	-38%	-19%	-1%	34.8×	n/a	n/a
Center International 603098.SS	China	$847M	-26%	-30%	4%	n/a	n/a	n/a
Samhyun 437730.KS	South Korea	$860M	-31%	-18%	-17%	n/a	n/a	n/a
Zhejiang Southeast Space Frame 002135.SZ	China	$764M	-46%	-4%	2%	25.7×	-12.0%	+0.3%
James Halstead JHD.L	United Kingdom	$762M	+4%	-1%	18%	15.1×	-4.7%	-0.5%
Arrow Home 001322.SZ	China	$887M	-14%	-12%	-2%	280.0×	15.8%	-0.1%
Nanjing Kangni Mechanical & Electrical 603111.SS	China	$749M	-16%	-1%	8%	n/a	-7.1%	+4.8%
Yimikang Tech 300249.SZ	China	$739M	-38%	+29%	2%	77.5×	n/a	n/a
NPK International NPKI	United States	$725M	-42%	+19%	18%	16.4×	15.5%	-10.9%
Jiangsu Seagull Cooling Tower 603269.SS	China	$943M	+40%	+8%	11%	38.4×	n/a	n/a
Zhenjiang Dongfang Electric Heating Technology 300217.SZ	China	$944M	-17%	-23%	0%	26.6×	22.5%	+6.5%
Quanex Building Products NX	United States	$949M	+2%	+1%	6%	10.7×	6.0%	+16.6%
Guangzhou Guangri Stock 600894.SS	China	$956M	-20%	+2%	0%	9.6×	7.2%	+1.4%
Apogee Enterprises APOG	United States	$956M	+25%	+3%	9%	13.6×	-0.3%	+2.7%
ERA 002641.SZ	China	$690M	-11%	-2%	0%	42.0×	-1.8%	-2.5%
Zehnder ZEHN.SW	Switzerland	$983M	+10%	+2%	8%	17.5×	2.5%	+1.5%
Suzhou Huaya Intelligence Technology 003043.SZ	China	$990M	-20%	+2%	11%	78.3×	27.6%	+22.3%
IFE Elevators 002774.SZ	China	$677M	+10%	+3%	2%	n/a	30.1%	+9.3%
LSI Industries LYTS	United States	$642M	-30%	+20%	7%	14.3×	7.7%	+16.9%
Elegant Home-Tech 603221.SS	China	$635M	+53%	-9%	-6%	18.8×	n/a	n/a
Janus International JBI	United States	$633M	-11%	0%	11%	7.0×	2.9%	-4.6%

Questions

Which companies are Arctech Solar's closest peers?: The cockpit's peer set: Center International (603098.SS), Samhyun (437730.KS), Zhejiang Southeast Space Frame (002135.SZ), James Halstead (JHD.L), Arrow Home (001322.SZ), Nanjing Kangni Mechanical & Electrical (603111.SS), Yimikang Tech (300249.SZ), NPK International (NPKI).
Is Arctech Solar expensive compared with its peers?: On forward p/e it trades at 34.8× against a peer median of 18.1×, 6th most expensive of 17 in its peer set.
How has Arctech Solar stock performed?: Over six months to 6 Nov 2026 the shares returned -38.4% against -15.3% for the median peer; over one year -42.6%.