DB:ZJS1

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Executive Summary

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. More Details


Snowflake Analysis

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

How has JinkoSolar Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ZJS1 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: ZJS1's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

14.2%

ZJS1

6.7%

DE Semiconductor

0.7%

DE Market


1 Year Return

232.2%

ZJS1

37.5%

DE Semiconductor

0.6%

DE Market

Return vs Industry: ZJS1 exceeded the German Semiconductor industry which returned 37.5% over the past year.

Return vs Market: ZJS1 exceeded the German Market which returned 0.6% over the past year.


Shareholder returns

ZJS1IndustryMarket
7 Day14.2%6.7%0.7%
30 Day13.9%10.5%7.8%
90 Day193.3%21.2%1.7%
1 Year232.2%232.2%39.1%37.5%3.9%0.6%
3 Year183.6%183.6%24.0%19.1%4.0%-5.0%
5 Year149.0%149.0%103.3%91.9%21.4%4.2%

Long-Term Price Volatility Vs. Market

How volatile is JinkoSolar Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is JinkoSolar Holding undervalued compared to its fair value and its price relative to the market?

15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ZJS1 (€57.2) is trading above our estimate of fair value (€38.51)

Significantly Below Fair Value: ZJS1 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ZJS1 is good value based on its PE Ratio (15x) compared to the DE Semiconductor industry average (59.6x).

PE vs Market: ZJS1 is good value based on its PE Ratio (15x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: ZJS1's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ZJS1 is good value based on its PB Ratio (2x) compared to the DE Semiconductor industry average (2.7x).


Next Steps

Future Growth

How is JinkoSolar Holding forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-0.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZJS1's earnings are forecast to decline over the next 3 years (-0.4% per year).

Earnings vs Market: ZJS1's earnings are forecast to decline over the next 3 years (-0.4% per year).

High Growth Earnings: ZJS1's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ZJS1's revenue (11% per year) is forecast to grow faster than the German market (5.8% per year).

High Growth Revenue: ZJS1's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZJS1's Return on Equity is forecast to be low in 3 years time (10.7%).


Next Steps

Past Performance

How has JinkoSolar Holding performed over the past 5 years?

-2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZJS1 has high quality earnings.

Growing Profit Margin: ZJS1's current net profit margins (3.9%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: ZJS1's earnings have declined by 2.7% per year over the past 5 years.

Accelerating Growth: ZJS1's earnings growth over the past year (182.9%) exceeds its 5-year average (-2.7% per year).

Earnings vs Industry: ZJS1 earnings growth over the past year (182.9%) exceeded the Semiconductor industry -58.1%.


Return on Equity

High ROE: ZJS1's Return on Equity (10%) is considered low.


Next Steps

Financial Health

How is JinkoSolar Holding's financial position?


Financial Position Analysis

Short Term Liabilities: ZJS1's short term assets (CN¥32.3B) exceed its short term liabilities (CN¥31.1B).

Long Term Liabilities: ZJS1's short term assets (CN¥32.3B) exceed its long term liabilities (CN¥4.5B).


Debt to Equity History and Analysis

Debt Level: ZJS1's debt to equity ratio (160.1%) is considered high.

Reducing Debt: ZJS1's debt to equity ratio has reduced from 199.5% to 160.1% over the past 5 years.

Debt Coverage: ZJS1's debt is not well covered by operating cash flow (6.3%).

Interest Coverage: ZJS1's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


Next Steps

Dividend

What is JinkoSolar Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ZJS1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ZJS1's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ZJS1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZJS1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZJS1's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Kangping Chen (47 yo)

no data

Tenure

Mr. Chen Kangping is a Co-Founder of JinkoSolar Holding Co. Ltd. and serves as its Chief Executive Officer and Director. Prior to founding Jinko, Mr. Kangping served as the Chief Financial Officer of Zheji...


Leadership Team

NamePositionTenureCompensationOwnership
Xiande Li
Co-Founder & Chairman of the Boardno datano data9.32%
CN¥ 238.4m
Kangping Chen
Co-Founderno datano data7.21%
CN¥ 184.4m
Xianhua Li
Co-Founder & Directorno datano data3.5%
CN¥ 89.4m
Haiyun Cao
Chief Financial Officer6.17yrsno datano data
Jiun-Hua Guo
Chief Operating Officerno datano datano data
Hao Jin
Chief Technology Officer0.83yrno datano data
Sebastian Liu
Director of IRno datano datano data
Gener Miao
Chief Marketing Officer1.75yrsno datano data
Shao Guo Ji
Chief Human Resources Officer0.42yrno datano data
Ripple Zhang
IR Managerno datano datano data

1.3yrs

Average Tenure

43.5yo

Average Age

Experienced Management: ZJS1's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Xiande Li
Co-Founder & Chairman of the Boardno datano data9.32%
CN¥ 238.4m
Kangping Chen
Co-Founderno datano data7.21%
CN¥ 184.4m
Xianhua Li
Co-Founder & Directorno datano data3.5%
CN¥ 89.4m
Stephen Markscheid
Independent Director11.17yrsno datano data
Longgen Zhang
Director6.5yrsno datano data
Wing Keong Siew
Independent Director12.5yrsno datano data
Yingqiu Liu
Independent Director5.58yrsno datano data

8.8yrs

Average Tenure

55yo

Average Age

Experienced Board: ZJS1's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JinkoSolar Holding Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JinkoSolar Holding Co., Ltd.
  • Ticker: ZJS1
  • Exchange: DB
  • Founded: 2006
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$3.047b
  • Listing Market Cap: US$2.559b
  • Shares outstanding: 44.47m
  • Website: https://www.jinkosolar.com

Number of Employees


Location

  • JinkoSolar Holding Co., Ltd.
  • 1 Jingke Road
  • Shangrao Economic Development Zone
  • Shangrao
  • Jiangxi Province
  • 334100
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JKSNYSE (New York Stock Exchange)YesADS EACH REPR 4 ORD SHSUSUSDMay 2010
ZJS1DB (Deutsche Boerse AG)YesADS EACH REPR 4 ORD SHSDEEURMay 2010
JKS NBMV (Bolsa Mexicana de Valores)YesADS EACH REPR 4 ORD SHSMXMXNMay 2010
JKSSWX (SIX Swiss Exchange)YesADS EACH REPR 4 ORD SHSCHCHFMay 2010
0JOXLSE (London Stock Exchange)YesADS EACH REPR 4 ORD SHSGBUSDMay 2010
JKSWBAG (Wiener Boerse AG)YesADS EACH REPR 4 ORD SHSATEURMay 2010

Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 18:34
End of Day Share Price2020/11/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.