Board Change • May 20
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. Duyuru • 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 Duyuru • 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 Duyuru • 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 Duyuru • 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 Duyuru • 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 Duyuru • 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 Duyuru • 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 Duyuru • 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 31% 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. Duyuru • 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 28
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. 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. Duyuru • 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 released: EPS: CN¥0.11 (vs CN¥0.07 in FY 2022) 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 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. Duyuru • 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. Duyuru • 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). New Risk • Sep 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Shareholders have been diluted in the past year (23% 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. Duyuru • 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 50% 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. 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. 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 released: CN¥0.02 loss per share (vs CN¥0.04 loss in 1Q 2021) 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). Over the next year, revenue is forecast to grow 93%, compared to a 9.5% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥9.87, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 18x in the Renewable Energy industry in China. Valuation Update With 7 Day Price Move • Nov 06
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. Reported Earnings • Nov 03
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 20
Investor sentiment improved over the past week After last week's 17% 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. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.51, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 19x in the Renewable Energy industry in China. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 17% 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. 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. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 18% 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. 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).