JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products.
JinkoSolar Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.04|
|52 Week High||US$28.39|
|52 Week Low||US$90.20|
|1 Month Change||-0.92%|
|3 Month Change||-23.49%|
|1 Year Change||16.60%|
|3 Year Change||312.75%|
|5 Year Change||176.46%|
|Change since IPO||300.00%|
Recent News & Updates
|JKS||US Semiconductor||US Market|
Return vs Industry: JKS underperformed the US Semiconductor industry which returned 49.5% over the past year.
Return vs Market: JKS underperformed the US Market which returned 32.8% over the past year.
Stable Share Price: JKS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: JKS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
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; and develops commercial solar power projects.
JinkoSolar Holding Fundamentals Summary
|JKS fundamental statistics|
Is JKS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JKS income statement (TTM)|
|Cost of Revenue||CN¥28.34b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.74|
|Net Profit Margin||-0.24%|
How did JKS perform over the long term?See historical performance and comparison
Is JinkoSolar Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JKS ($44.04) is trading below our estimate of fair value ($110.36)
Significantly Below Fair Value: JKS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JKS is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: JKS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JKS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JKS is good value based on its PB Ratio (1.3x) compared to the US Semiconductor industry average (4.6x).
How is JinkoSolar Holding forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JKS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: JKS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: JKS's is expected to become profitable in the next 3 years.
Revenue vs Market: JKS's revenue (18.9% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: JKS's revenue (18.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JKS's Return on Equity is forecast to be low in 3 years time (10.6%).
How has JinkoSolar Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JKS is currently unprofitable.
Growing Profit Margin: JKS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JKS is unprofitable, and losses have increased over the past 5 years at a rate of 10.9% per year.
Accelerating Growth: Unable to compare JKS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JKS is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (70.6%).
Return on Equity
High ROE: JKS has a negative Return on Equity (0.94%), as it is currently unprofitable.
How is JinkoSolar Holding's financial position?
Financial Position Analysis
Short Term Liabilities: JKS's short term assets (CN¥34.5B) exceed its short term liabilities (CN¥31.9B).
Long Term Liabilities: JKS's short term assets (CN¥34.5B) exceed its long term liabilities (CN¥11.7B).
Debt to Equity History and Analysis
Debt Level: JKS's debt to equity ratio (206.4%) is considered high.
Reducing Debt: JKS's debt to equity ratio has reduced from 223.3% to 206.4% over the past 5 years.
Debt Coverage: JKS's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: JKS's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is JinkoSolar Holding current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JKS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JKS'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 JKS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JKS'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 JKS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Xiande Li (45 yo)
Mr. Xiande Li co-founded JinkoSolar Holding Co., Ltd. and serves as its Chairman of the Board. He serves as Chief Executive Officer of JinkoSolar Holding Co., Ltd.since December 15, 2020. Mr. Li served as...
Experienced Board: JKS's board of directors are considered experienced (9.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.
JinkoSolar Holding Co., Ltd.'s employee growth, exchange listings and data sources
- Name: JinkoSolar Holding Co., Ltd.
- Ticker: JKS
- Exchange: NYSE
- Founded: 2006
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$2.100b
- Shares outstanding: 47.69m
- Website: https://www.jinkosolar.com
Number of Employees
- JinkoSolar Holding Co., Ltd.
- 1 Jingke Road
- Shangrao Economic Development Zone
- Jiangxi Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 23:04|
|End of Day Share Price||2021/09/27 00:00|
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.