Reported Earnings • Apr 29
First quarter 2026 earnings released: CN¥0.04 loss per share (vs CN¥0.01 loss in 1Q 2025) First quarter 2026 results: CN¥0.04 loss per share (further deteriorated from CN¥0.01 loss in 1Q 2025). Revenue: CN¥582.6m (down 48% from 1Q 2025). Net loss: CN¥128.8m (loss widened 269% from 1Q 2025). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. 공시 • Apr 29
Jinko Power Technology Co., Ltd., Annual General Meeting, May 22, 2026 Jinko Power Technology Co., Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: No. 1, Lane 1466, Shenchang Road, Minhang District, Shanghai China Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥6.05, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.98, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 5.1% over the past three years. 공시 • Mar 30
Jinko Power Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Jinko Power Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥5.61, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Renewable Energy industry in China. Total returns to shareholders of 13% over the past three years. 공시 • Dec 26
Jinko Power Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Jinko Power Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥3.88, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 13x in the Renewable Energy industry in China. Total loss to shareholders of 19% over the past three years. Board Change • Dec 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jiuding Yan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.051 (vs CN¥0.026 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.051 (up from CN¥0.026 in 3Q 2024). Revenue: CN¥997.9m (down 49% from 3Q 2024). Net income: CN¥233.0m (up 77% from 3Q 2024). Profit margin: 23% (up from 6.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 공시 • Sep 30
Jinko Power Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Jinko Power Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥3.92, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Renewable Energy industry in China. Total loss to shareholders of 16% over the past three years. New Risk • Sep 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Major Estimate Revision • Sep 05
Consensus revenue estimates decrease by 15%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥5.75b to CN¥4.90b. EPS estimate increased from CN¥0.14 to CN¥0.145 per share. Net income forecast to grow 44% next year vs 20% growth forecast for Renewable Energy industry in China. Consensus price target of CN¥5.26 unchanged from last update. Share price rose 2.7% to CN¥4.60 over the past week. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥3.97, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 14x in the Renewable Energy industry in China. Total loss to shareholders of 33% over the past three years. 공시 • Jun 30
Jinko Power Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Jinko Power Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 11
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Major Estimate Revision • Apr 24
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.04b to CN¥4.72b. EPS estimate also fell from CN¥0.22 per share to CN¥0.17 per share. Net income forecast to grow 87% next year vs 14% growth forecast for Renewable Energy industry in China. Consensus price target down from CN¥3.96 to CN¥3.06. Share price was steady at CN¥2.63 over the past week. Reported Earnings • Apr 19
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.09 (down from CN¥0.11 in FY 2023). Revenue: CN¥4.77b (up 9.3% from FY 2023). Net income: CN¥324.4m (down 15% from FY 2023). Profit margin: 6.8% (down from 8.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year. 공시 • Apr 18
Jinko Power Technology Co., Ltd., Annual General Meeting, May 08, 2025 Jinko Power Technology Co., Ltd., Annual General Meeting, May 08, 2025, at 10:00 China Standard Time. Location: No. 1, Lane 1466, Shenchang Road, Minhang District, Shanghai China 공시 • Mar 28
Jinko Power Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Jinko Power Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Dec 27
Jinko Power Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Jinko Power Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.088 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.026 (down from CN¥0.088 in 3Q 2023). Revenue: CN¥1.97b (up 12% from 3Q 2023). Net income: CN¥132.0m (down 48% from 3Q 2023). Profit margin: 6.7% (down from 14% in 3Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥2.68, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 69% over the past three years. 공시 • Sep 30
Jinko Power Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Jinko Power Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥2.66, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Renewable Energy industry in China. Total loss to shareholders of 68% over the past three years. Price Target Changed • Sep 04
Price target decreased by 29% to CN¥3.40 Down from CN¥4.80, the current price target is provided by 1 analyst. New target price is 42% above last closing price of CN¥2.40. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.11 last year. Reported Earnings • Sep 04
Second quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.025 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.073 (up from CN¥0.025 in 2Q 2023). Revenue: CN¥1.15b (up 23% from 2Q 2023). Net income: CN¥186.4m (up 64% from 2Q 2023). Profit margin: 16% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. 공시 • Jun 28
Jinko Power Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Jinko Power Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.01 profit in 1Q 2023) First quarter 2024 results: CN¥0.03 loss per share (down from CN¥0.01 profit in 1Q 2023). Revenue: CN¥777.7m (down 4.9% from 1Q 2023). Net loss: CN¥98.6m (down CN¥122.9m from profit in 1Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year. Reported Earnings • Mar 30
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.11 (up from CN¥0.07 in FY 2022). Revenue: CN¥4.37b (up 37% from FY 2022). Net income: CN¥383.4m (up 83% from FY 2022). Profit margin: 8.8% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 22% per year. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥2.76, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Renewable Energy industry in China. Total loss to shareholders of 51% over the past three years. 공시 • Dec 29
Jinko Power Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Jinko Power Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 New Risk • Nov 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). New Risk • Nov 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (24% increase in shares outstanding). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.088 (vs CN¥0.089 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.088. Revenue: CN¥1.75b (up 77% from 3Q 2022). Net income: CN¥251.8m (up 28% from 3Q 2022). Profit margin: 14% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in China. 공시 • Sep 30
Jinko Power Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Jinko Power Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Sep 05
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Reported Earnings • Sep 01
Second quarter 2023 earnings released: EPS: CN¥0.025 (vs CN¥0.043 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.025 (down from CN¥0.043 in 2Q 2022). Revenue: CN¥932.6m (down 1.0% from 2Q 2022). Net income: CN¥113.4m (down 30% from 2Q 2022). Profit margin: 12% (down from 17% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. 공시 • Aug 24
Jinko Power Technology Co.,Ltd. (SHSE:601778) announces an Equity Buyback for CNY 300 million worth of its shares. Jinko Power Technology Co.,Ltd. (SHSE:601778) announces a share repurchase program. Under the program, the company will repurchase CNY 300 million worth of its shares. The program is valid for 6 months. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥3.90, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Renewable Energy industry in China. Total loss to shareholders of 46% over the past three years. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.02 loss in 1Q 2022). Revenue: CN¥818.1m (up 43% from 1Q 2022). Net income: CN¥24.3m (up CN¥84.1m from 1Q 2022). Profit margin: 3.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Renewable Energy industry in China. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥5.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Renewable Energy industry in China. Total loss to shareholders of 35% over the past year. Price Target Changed • Nov 16
Price target decreased to CN¥6.30 Down from CN¥7.57, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥4.98. Stock is down 43% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.13 last year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.089 (vs CN¥0.074 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.089 (up from CN¥0.074 in 3Q 2021). Revenue: CN¥992.6m (flat on 3Q 2021). Net income: CN¥197.5m (up 7.4% from 3Q 2021). Profit margin: 20% (up from 19% in 3Q 2021). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Renewable Energy industry in China. Reported Earnings • Sep 01
Second quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.097 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.043 (down from CN¥0.097 in 2Q 2021). Revenue: CN¥942.5m (down 12% from 2Q 2021). Net income: CN¥160.8m (down 43% from 2Q 2021). Profit margin: 17% (down from 26% in 2Q 2021). Over the next year, revenue is forecast to grow 134%, compared to a 14% growth forecast for the Renewable Energy industry in China. 공시 • Jul 22
Jinko Power Technology Co.,Ltd. announced that it expects to receive CNY 3.45 billion in funding Jinko Power Technology Co.,Ltd. announced a private placement to issue not more than 30% of A common shares for an aggregate gross proceeds of not more than CNY 3,450,000,000 on July 20, 2022. The transaction will include participation from not more than 35 investors. The price will not be not less than 80% of the average price in the 20 trading days before the pricing reference date. The shares will have a hold period of 6 months from the issuance closing date. The transaction has been approved in the 35th meeting of the company’s 2nd directorate and is subject to its shareholders approval and the China Securities Regulatory Commission. 공시 • Jul 21
Jinko Power Technology Co.,Ltd. announced a financing transaction Jinko Power Technology Co.,Ltd. announced that it has received a round of funding on July 20, 2022. The company will issue A shares in the transaction. The transaction has been approved in the 35th meeting of the 2nd directorate and the 23rd meeting of the 2nd supervisory board. 공시 • Jun 18
Jintai Jingchu (Tianjin) New Energy Investment Partnership Enterprise (Limited Partnership) entered into an agreement to acquire Luquan Huadian New Energy Development Co., Ltd. from Jinko Power Technology Co.,Ltd. (SHSE:601778) for CNY 19.4 million. Jintai Jingchu (Tianjin) New Energy Investment Partnership Enterprise (Limited Partnership) entered into an agreement to acquire Luquan Huadian New Energy Development Co., Ltd. from Jinko Power Technology Co.,Ltd. (SHSE:601778) for CNY 19.4 million on June 15, 2022. The transaction has been approved by board of Jinko Power. As of March 31, 2022, Total Assets were of CNY 784 million and Net Assets were of CNY 0 million. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.47, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Renewable Energy industry in China. Total loss to shareholders of 1.4% over the past year. Reported Earnings • May 02
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CN¥0.02 loss per share (up from CN¥0.04 loss in 1Q 2021). Revenue: CN¥573.2m (down 19% from 1Q 2021). Net loss: CN¥59.8m (loss narrowed 46% from 1Q 2021). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 93%, compared to a 9.5% growth forecast for the industry in China. Price Target Changed • Apr 27
Price target increased to CN¥11.35 Up from CN¥7.57, the current price target is an average from 2 analysts. New target price is 141% above last closing price of CN¥4.71. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.19 last year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.87, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 41% over the past year. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥8.04, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 13% over the past year. Reported Earnings • Nov 02
Third quarter 2021 earnings released: EPS CN¥0.074 (vs CN¥0.07 in 3Q 2020) The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥983.4m (up 9.6% from 3Q 2020). Net income: CN¥183.9m (flat on 3Q 2020). Profit margin: 19% (down from 20% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥8.78, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 18x in the Renewable Energy industry in China. Total returns to shareholders of 25% over the past year. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.33, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 19x in the Renewable Energy industry in China. Total returns to shareholders of 27% over the past year. 공시 • Sep 10
Hubei Energy Group New Energy Development Co., Ltd. completed the acquisition of Suzhou Shengbu Photovoltaic Power Co., Ltd. from Jinko Power Technology Co.,Ltd. (SHSE:601778). Hubei Energy Group New Energy Development Co., Ltd. agreed to acquire Suzhou Shengbu Photovoltaic Power Co., Ltd. from Jinko Power Technology Co.,Ltd. (SHSE:601778) on July 7, 2021. In a related transaction, Hubei Energy Group New Energy Development Co., Ltd. will acquire Yixing Pinhe Photovoltaic Technology Co., Ltd. and Suzhou Jinghai Photovoltaic Power Co., Ltd. Hubei Energy Group New Energy Development Co., Ltd. will pay consideration of CNY 130 million for all the three transactions together. Yixing Pinhe Photovoltaic Technology Co., Ltd., Suzhou Shengbu Photovoltaic Power Co., Ltd. and Suzhou Jinghai Photovoltaic Power Co., Ltd reported total assets of approximately CNY 970 million and net assets of approximately CNY110 million as at January 31, 2021. Board of Directors of Jinko Power Technology approved the transaction.
Hubei Energy Group New Energy Development Co., Ltd. completed the acquisition of Suzhou Shengbu Photovoltaic Power Co., Ltd. from Jinko Power Technology Co.,Ltd. (SHSE:601778) on September 8, 2021. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥10.18, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 17x in the Renewable Energy industry in China. Total returns to shareholders of 45% over the past year. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.097 (vs CN¥0.13 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.07b (up 5.1% from 2Q 2020). Net income: CN¥281.2m (up 16% from 2Q 2020). Profit margin: 26% (up from 24% in 2Q 2020). The increase in margin was driven by higher revenue. 공시 • Aug 20
Jinko Power Technology Co.,Ltd. (SHSE:601778) announces an Equity Buyback for CNY 200 million worth of its shares. Jinko Power Technology Co.,Ltd. (SHSE:601778) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 9.2 per share. The shares purchased will be used for the company's equity incentive plan and ESOP. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.32, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Renewable Energy industry in China. Total loss to shareholders of 2.2% over the past year. Reported Earnings • Apr 29
Full year 2020 earnings released: EPS CN¥0.19 (vs CN¥0.34 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥3.59b (down 33% from FY 2019). Net income: CN¥475.8m (down 35% from FY 2019). Profit margin: 13% (in line with FY 2019). Reported Earnings • Mar 21
Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥0.34 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥3.59b (down 33% from FY 2019). Net income: CN¥523.5m (down 28% from FY 2019). Profit margin: 15% (in line with FY 2019). Is New 90 Day High Low • Feb 02
New 90-day low: CN¥6.37 The company is down 5.0% from its price of CN¥6.69 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is flat over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥7.44 The company is up 17% from its price of CN¥6.36 on 22 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 1.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥632.6m, down 20% from the prior year. Total revenue was CN¥4.53b over the last 12 months, down 29% from the prior year. 공시 • Oct 28
Jinko Power Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Jinko Power Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 공시 • Jul 10
Jinko Power Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Jinko Power Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020