No Data
Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Arctech Solar Holding (688408.SH): From January 2025 to now, the newly signed Order is approximately 1.029 billion yuan.
On January 22, Gelonghui reported that Arctech Solar Holding (688408.SH) announced that the Global photovoltaic market continues to maintain a good growth trend, with strong demand for overseas photovoltaic ground power station installations. The rise of Emerging Markets such as the Middle East and Latin America is driving the continuous growth of the company's overseas photovoltaic Brackets Business. Coupled with the company's proactive expansion in overseas markets and strategic measures around the horizontal and vertical integration layout of photovoltaic Bracket systems, the company's Business scale is growing rapidly, especially the scale of the tracking Bracket system, which maintains continuous growth with sufficient Order volume. From January 2025 to the present, the company has signed new Orders totaling approximately 1.029 billion yuan.
CITIC Expo: CITIC Expo 2024 Annual Results Pre-Increase Announcement
CITIC Expo 2024 Annual Results Advance Announcement
The overseas photovoltaic Brackets Business continues to grow, with Arctech Solar Holding expecting a net profit increase of over 80% in 2024.
① The company expects a Net income of 0.208 billion yuan in the fourth quarter of 2024, an increase of approximately 10.69% year-on-year and about 6.02% quarter-on-quarter. It stated that the strong demand for overseas photovoltaic ground power stations and the rise of Emerging Markets such as the Middle East and Latin America have driven the continuous growth of the company's overseas photovoltaic Brackets Business; ② As of December 31, 2024, the company has a total Order of approximately 4.65 billion yuan.
Sealand: Emerging Markets and capacity going abroad have become the core increments of the photovoltaic market, seizing the opportunities of technological iteration.
Sealand expects that by 2025, the growth rate of the photovoltaic Industry will continue to decline, with a Global growth estimate of +10%, and the Emerging Markets and capacity going overseas will be the core increments.