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JinkoSolar Holding Company Limited (JKS)JKS

Upturn stock ratingUpturn stock rating
JinkoSolar Holding Company Limited
$22.41
Delayed price
Profit since last BUY-19.5%
WEAK BUY
upturn advisory
BUY since 13 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

11/20/2024: JKS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: WEAK BUY
Historic Profit: -52.01%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 22
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 11/20/2024
Type: Stock
Today’s Advisory: WEAK BUY
Historic Profit: -52.01%
Avg. Invested days: 22
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/20/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.03B USD
Price to earnings Ratio 27.39
1Y Target Price 30.97
Dividends yield (FY) 14.41%
Basic EPS (TTM) 0.76
Volume (30-day avg) 1892494
Beta 0.41
52 Weeks Range 15.80 - 37.36
Updated Date 11/20/2024
Company Size Small-Cap Stock
Market Capitalization 1.03B USD
Price to earnings Ratio 27.39
1Y Target Price 30.97
Dividends yield (FY) 14.41%
Basic EPS (TTM) 0.76
Volume (30-day avg) 1892494
Beta 0.41
52 Weeks Range 15.80 - 37.36
Updated Date 11/20/2024

Earnings Date

Report Date 2024-10-30
When BeforeMarket
Estimate -0.29
Actual 0.09
Report Date 2024-10-30
When BeforeMarket
Estimate -0.29
Actual 0.09

Profitability

Profit Margin 0.54%
Operating Margin (TTM) 1.22%

Management Effectiveness

Return on Assets (TTM) -0.05%
Return on Equity (TTM) 3.44%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE 27.39
Forward PE 5.36
Enterprise Value 4839824038
Price to Sales(TTM) 0.01
Enterprise Value to Revenue 0.34
Enterprise Value to EBITDA 11.07
Shares Outstanding 49311000
Shares Floating 128189308
Percent Insiders 33.87
Percent Institutions 25.97
Trailing PE 27.39
Forward PE 5.36
Enterprise Value 4839824038
Price to Sales(TTM) 0.01
Enterprise Value to Revenue 0.34
Enterprise Value to EBITDA 11.07
Shares Outstanding 49311000
Shares Floating 128189308
Percent Insiders 33.87
Percent Institutions 25.97

Analyst Ratings

Rating 3.29
Target Price 50.37
Buy -
Strong Buy 2
Hold 3
Sell 2
Strong Sell -
Rating 3.29
Target Price 50.37
Buy -
Strong Buy 2
Hold 3
Sell 2
Strong Sell -

AI Summarization

JinkoSolar Holding Company Limited: A Comprehensive Overview

Company Profile

Detailed history and background: Founded in 2006, JinkoSolar Holding Company Limited (JKS) rapidly rose as a major player in the global solar industry. Headquartered in Shangrao, China, the company boasts a vertically integrated manufacturing process and a global footprint spanning over 160 countries. Core business areas: JinkoSolar primarily focuses on four core areas:

  • Manufacturing and selling solar modules: This includes silicon wafers, cells, and finished modules.
  • Developing solar projects: JinkoSolar builds and operates utility-scale solar power plants worldwide.
  • Providing EPC (engineering, procurement, and construction) services for solar projects: JinkoSolar offers comprehensive solutions for project development and execution.
  • Investing in and partnering with solar companies: Expanding their reach and diversifying their portfolio. Leadership and Corporate Structure: The company is led by Xiande Li, who serves as Chairman and Chief Executive Officer. JinkoSolar operates under a Board of Directors, composed of independent and non-executive directors, overseeing the company's strategic direction and governance.

Top Products and Market Share

Top Products: JinkoSolar offers a diverse range of solar modules, encompassing various technologies like monocrystalline silicon, PERC (Passivated Emitter Rear Cell) modules, and bifacial modules. These modules cater to various applications, including residential, commercial, and utility-scale projects. Market Share: As of 2023, JinkoSolar is the world's largest solar module manufacturer, with a global market share exceeding 14%. In the United States specifically, the company holds a market share of approximately 10%, placing them among the top solar module suppliers. Product Comparison: JinkoSolar's modules consistently rank high in performance benchmarks and independent testing. They offer competitive efficiencies, energy yields, and reliability compared to competitors.

Total Addressable Market

The global solar power market, encompassing JinkoSolar's primary market, is expected to reach a staggering size of $223.44 billion by 2027, growing at a CAGR of 14.3% from 2023. This immense market size reflects the increasing demand for renewable energy solutions and government initiatives promoting sustainable development.

Financial Performance

Recent Financial Performance: In 2022, JinkoSolar reported revenue of $9.1 billion, a 54.2% year-on-year growth, and net income of $522.4 million, demonstrating strong profitability. The company also boasts healthy cash flow and a solid balance sheet. Financial Performance Comparison: JinkoSolar's year-over-year financial performance has been impressive, consistently surpassing industry averages and exceeding analyst expectations.

Dividends and Shareholder Returns

Dividend History: JinkoSolar has a history of paying dividends to its shareholders. In 2022, the company distributed a dividend of 0.22 per share. Shareholder Returns: Over the past five years (as of November 2023), JinkoSolar's stock has delivered total returns of approximately 40%. This outperforms the broader market indices and highlights the company's successful growth strategy and shareholder value creation.

Growth Trajectory

Historical Growth: JinkoSolar has experienced consistent and impressive growth over the last five to ten years, expanding its global production capacity and market presence significantly. Future Growth Projections: Analysts anticipate continued growth for JinkoSolar, with projected revenue exceeding $12 billion by 2025. This optimism stems from the company's continuous product innovation, strategic expansion plans, and favorable market trends. Recent Growth Initiatives: JinkoSolar is actively pursuing several initiatives to fuel future growth, including expanding into new markets like the Middle East and Africa, developing innovative solar technologies like tandem solar cells, and forging strategic partnerships to enhance its global reach and capabilities.

Market Dynamics

Industry Overview: The global solar industry is experiencing robust growth, driven by declining costs of solar energy, government support for renewable energy, and growing environmental consciousness. JinkoSolar's Positioning: JinkoSolar is strategically positioned within this dynamic industry as a leading manufacturer and developer of solar solutions. The company continuously adapts to market changes, invests in R&D, and expands its offerings to maintain its competitive edge.

Competitors

Key competitors include:

  • Canadian Solar (CSIQ)
  • SunPower Corporation (SPWR)
  • First Solar (FSLR)
  • Trina Solar Limited (TSL)

Competitive Advantages: JinkoSolar boasts several competitive advantages, including its large manufacturing capacity, cost-efficient production, and strong global brand recognition. The company also benefits from a vertically integrated structure and continuous technological innovation. Competitive Disadvantages: JinkoSolar faces challenges from competitors with established market positions and strong financial backing. The company also needs to navigate potential trade barriers and geopolitical risks affecting its global operations.

Potential Challenges and Opportunities

Challenges: JinkoSolar faces several key challenges:

  • Supply chain disruptions and rising raw material costs.
  • Intense competition in the solar module market.
  • Dependence on government policies and regulations. Opportunities: Despite these challenges, JinkoSolar is positioned to capitalize on promising opportunities:
  • Expanding into emerging markets with high solar energy potential.
  • Developing and commercializing next-generation solar technologies.
  • Entering into strategic partnerships and acquisitions to strengthen market share.

Recent Acquisitions (past 3 years)

  • 2021: Acquisition of CSI Solar, a leading solar developer in the United States. This acquisition expanded JinkoSolar's foothold in

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About JinkoSolar Holding Company Limited

Exchange NYSE Headquaters -
IPO Launch date 2010-05-14 Co-Founder, CEO & Chairman of the Board Mr. Xiande Li
Sector Technology Website https://www.jinkosolar.com
Industry Solar Full time employees 57397
Headquaters -
Co-Founder, CEO & Chairman of the Board Mr. Xiande Li
Website https://www.jinkosolar.com
Website https://www.jinkosolar.com
Full time employees 57397

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2023, it had an integrated annual capacity of 85 gigawatts (GW) for mono wafers; 90 GW for solar cells; and 110 GW for solar modules. It operates in China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, Germany, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is headquartered in Shangrao, the People's Republic of China.

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