How does 601778's PE Ratio compare to its peers?

601778 is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the peer average (16.6x).

How does 601778's PE Ratio compare vs other companies in the CN Renewable Energy Industry?

601778 is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the CN Renewable Energy industry average (17.6x).

What is 601778'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.

601778 is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the estimated Fair Price-To-Earnings Ratio (25.6x).

What is the Fair Price of 601778 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

601778 (CN¥2.95) is trading above our estimate of [[fair value]] (CN¥0.13)

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

Insufficient data to show price forecast.

Jinko Power Technology (XSSC:601778) - Stock Price, News & Analysis

601778 Stock Overview

Operates as an clean energy supplier and service provider. More details

601778 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	1/6

Rewards

Earnings are forecast to grow 44.88% per year

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (4.5%) are lower than last year (7.3%)

Jinko Power Technology Co., Ltd. Competitors

GEPIC Energy Development

SZSE:000791

CN¥9.8b

Grandtop Yongxing GroupLtd

SHSE:601033

CN¥13.1b

Jiangsu New Energy Development

SHSE:603693

CN¥9.1b

NYOCOR

SHSE:600821

CN¥11.0b

Price History & Performance

Summary of all time highs, changes and price drops for Jinko Power Technology
Historical stock prices
Current Share Price	CN¥2.95
52 Week High	CN¥3.73
52 Week Low	CN¥2.10
Beta	0.61
11 Month Change	2.43%
3 Month Change	20.41%
1 Year Change	-16.67%
33 Year Change	-67.97%
5 Year Change	n/a
Change since IPO	-62.18%

Recent updates

Shareholder Returns

	601778	CN Renewable Energy	CN Market
7D	-2.0%	-3.0%	-2.6%
1Y	-16.7%	12.5%	4.2%

Return vs Industry: 601778 underperformed the CN Renewable Energy industry which returned 14% over the past year.

Return vs Market: 601778 underperformed the CN Market which returned 4.6% over the past year.

Price Volatility

Is 601778's price volatile compared to industry and market?
601778 volatility
601778 Average Weekly Movement	7.6%
Renewable Energy Industry Average Movement	5.3%
Market Average Movement	8.4%
10% most volatile stocks in CN Market	12.7%
10% least volatile stocks in CN Market	5.6%

Stable Share Price: 601778 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601778's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2011	1,630	Hong Wang	www.jinkopower.com

Jinko Power Technology Co., Ltd., together with its subsidiaries, operates as an clean energy supplier and service provider. The company's photovoltaic power generation business comprises centralized power station, industrial and commercial distributed, household distributed photovoltaics, source grid load storage integration, and other smart systems. It also offers electricity transaction, energy storage, industry decarburization, virtual power plant, PV-to-hydrogen, and carbon emission related products.

Jinko Power Technology Co., Ltd. Fundamentals Summary

How do Jinko Power Technology's earnings and revenue compare to its market cap?
601778 fundamental statistics
Market cap	CN¥10.31b
Earnings (TTM)	CN¥213.78m
Revenue (TTM)	CN¥4.76b

48.2x

P/E Ratio

2.2x

P/S Ratio

Is 601778 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601778 income statement (TTM)
Revenue	CN¥4.76b
Cost of Revenue	CN¥2.90b
Gross Profit	CN¥1.86b
Other Expenses	CN¥1.65b
Earnings	CN¥213.78m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.061
Gross Margin	39.08%
Net Profit Margin	4.49%
Debt/Equity Ratio	107.7%

How did 601778 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

20%

Payout Ratio

601778 Stock Overview

Rewards

Risk Analysis

Jinko Power Technology Co., Ltd. Competitors

SZSE:000791

CN¥9.8b

SHSE:601033

CN¥13.1b

SHSE:603693

CN¥9.1b

SHSE:600821

CN¥11.0b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.088 in 3Q 2023)

Investor sentiment deteriorates as stock falls 16%

Jinko Power Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.025 in 2Q 2023)

Jinko Power Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.088 in 3Q 2023)

Investor sentiment deteriorates as stock falls 16%

Jinko Power Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.025 in 2Q 2023)

Jinko Power Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024

First quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.01 profit in 1Q 2023)

Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.07 in FY 2022)

Jinko Power Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment deteriorates as stock falls 17%

Jinko Power Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

New major risk - Financial position

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: CN¥0.088 (vs CN¥0.089 in 3Q 2022)

Jinko Power Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 31, 2023

New major risk - Financial position

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: CN¥0.025 (vs CN¥0.043 in 2Q 2022)

Jinko Power Technology Co.,Ltd. (SHSE:601778) announces an Equity Buyback for CNY 300 million worth of its shares.

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.02 loss in 1Q 2022)

Investor sentiment improved over the past week

Insufficient new directors

Third quarter 2022 earnings released: EPS: CN¥0.089 (vs CN¥0.074 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.097 in 2Q 2021)

Jinko Power Technology Co.,Ltd. announced that it expects to receive CNY 3.45 billion in funding

Jinko Power Technology Co.,Ltd. announced that it expects to receive CNY 3.45 billion in funding

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.

Investor sentiment improved over the past week

First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.04 loss in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.074 (vs CN¥0.07 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

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).

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.097 (vs CN¥0.13 in 2Q 2020)

Jinko Power Technology Co.,Ltd. (SHSE:601778) announces an Equity Buyback for CNY 200 million worth of its shares.

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.19 (vs CN¥0.34 in FY 2019)

Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥0.34 in FY 2019)

Shareholder Returns

Price Volatility

About the Company

Jinko Power Technology Co., Ltd. Fundamentals Summary

48.2x

2.2x

Earnings & Revenue

Dividends

0.4%

20%