Jinko Solar Co., Ltd.

SHSE:688223 Stock Report

Market Cap: CN¥86.5b

Jinko Solar Valuation

Is 688223 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 688223 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 688223 (CN¥8.67) is trading below our estimate of fair value (CN¥10.44)

Significantly Below Fair Value: 688223 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 688223?

Key metric: As 688223 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 688223. This is calculated by dividing 688223's market cap by their current earnings.
What is 688223's PE Ratio?
PE Ratio37.7x
EarningsCN¥2.30b
Market CapCN¥86.54b

Price to Earnings Ratio vs Peers

How does 688223's PE Ratio compare to its peers?

The above table shows the PE ratio for 688223 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average74.8x
600584 JCET Group
47.3x36.0%CN¥75.1b
688008 Montage Technology
65x38.9%CN¥77.9b
600703 Sanan OptoelectronicsLtd
149.3x56.0%CN¥65.8b
002049 Unigroup Guoxin Microelectronics
37.7x27.9%CN¥57.1b
688223 Jinko Solar
37.7x39.3%CN¥86.5b

Price-To-Earnings vs Peers: 688223 is good value based on its Price-To-Earnings Ratio (37.7x) compared to the peer average (74.6x).

Price to Earnings Ratio vs Industry

How does 688223's PE Ratio compare vs other companies in the CN Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
688223 37.7xIndustry Avg. 63.0xNo. of Companies15PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 688223 is good value based on its Price-To-Earnings Ratio (37.7x) compared to the CN Semiconductor industry average (63x).

Price to Earnings Ratio vs Fair Ratio

What is 688223's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688223 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.7x
Fair PE Ratio57.7x

Price-To-Earnings vs Fair Ratio: 688223 is good value based on its Price-To-Earnings Ratio (37.7x) compared to the estimated Fair Price-To-Earnings Ratio (57.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 688223 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥8.67
CN¥8.96
+3.4%
30.3%CN¥13.42CN¥4.11n/a8
Nov ’25CN¥9.20
CN¥8.41
-8.5%
30.7%CN¥13.42CN¥4.11n/a8
Oct ’25CN¥8.81
CN¥8.16
-7.3%
30.1%CN¥13.42CN¥4.11n/a8
Sep ’25CN¥7.19
CN¥8.59
+19.5%
29.3%CN¥13.42CN¥4.11n/a9
Aug ’25CN¥7.16
CN¥8.81
+23.1%
25.7%CN¥13.42CN¥5.00n/a9
Jul ’25CN¥7.27
CN¥8.81
+21.2%
25.7%CN¥13.42CN¥5.00n/a9
Jun ’25CN¥8.15
CN¥8.95
+9.8%
24.6%CN¥13.42CN¥5.00n/a9
May ’25CN¥7.57
CN¥9.19
+21.4%
26.3%CN¥13.42CN¥5.00n/a9
Apr ’25CN¥8.38
CN¥10.59
+26.4%
22.9%CN¥13.42CN¥6.30n/a9
Mar ’25CN¥8.82
CN¥10.59
+20.1%
22.9%CN¥13.42CN¥6.30n/a9
Feb ’25CN¥8.00
CN¥10.81
+35.2%
20.2%CN¥13.42CN¥6.30n/a9
Jan ’25CN¥8.86
CN¥13.92
+57.1%
16.1%CN¥17.65CN¥11.36n/a6
Dec ’24CN¥8.88
CN¥13.92
+56.8%
16.1%CN¥17.65CN¥11.36n/a6
Nov ’24CN¥9.20
CN¥13.92
+51.3%
16.1%CN¥17.65CN¥11.36CN¥9.206
Oct ’24CN¥10.10
CN¥14.98
+48.3%
10.8%CN¥17.65CN¥13.00CN¥8.816
Sep ’24CN¥10.77
CN¥16.18
+50.3%
15.3%CN¥20.64CN¥13.00CN¥7.196
Aug ’24CN¥12.14
CN¥16.77
+38.1%
12.4%CN¥20.64CN¥14.20CN¥7.166
Jul ’24CN¥14.06
CN¥17.28
+22.9%
11.0%CN¥20.64CN¥15.00CN¥7.275
Jun ’24CN¥12.23
CN¥17.28
+41.3%
11.0%CN¥20.64CN¥15.00CN¥8.155
May ’24CN¥12.52
CN¥19.45
+55.3%
5.5%CN¥20.64CN¥17.65CN¥7.575
Apr ’24CN¥13.93
CN¥20.58
+47.7%
12.3%CN¥25.63CN¥17.65CN¥8.386
Mar ’24CN¥15.04
CN¥20.89
+38.9%
12.7%CN¥25.63CN¥17.65CN¥8.825
Feb ’24CN¥15.80
CN¥20.89
+32.2%
12.7%CN¥25.63CN¥17.65CN¥8.005
Jan ’24CN¥14.65
CN¥19.90
+35.8%
18.5%CN¥25.63CN¥14.59CN¥8.865
Dec ’23CN¥15.36
CN¥19.90
+29.6%
18.5%CN¥25.63CN¥14.59CN¥8.885
Nov ’23CN¥16.70
CN¥19.90
+19.2%
18.5%CN¥25.63CN¥14.59CN¥9.205

Analyst Forecast: Target price is less than 20% higher than the current share price.

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