Jinko Solar Earnings: Fair Value Estimate Cut 11% on Weaker Shipments; Shares Remain Undervalued
Jinko Solar's revenue fell 31% year on year in the second quarter. The company remained deeply loss-making, reporting a negative 14% net margin.
Jinko Solar Co Ltd Class A 688223
Bulls Say, Bears Say
Bulls
Jinko is poised to gain market share as smaller players exit the industry during the current downturn.
Bears
Jinko’s aggressive pursuit of market share weighs on its profitability.
News
Trading Information
- Previous Close Price
- CN¥3.74
- Day Range
- CN¥3.75–3.87
- 52-Week Range
- CN¥3.64–9.66
- Bid/Ask
- CN¥3.83 / CN¥3.84
- Shares Outstanding
- 10.24B
- Market Cap
- CN¥39.22B
- Volume/Avg
- 78M / 89M
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.66
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2025. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.
- Sector
- Technology
- Industry
- Solar
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 26,388
- Website
- https://www.jinkosolar.com
Competitors
Valuation
|
Metric
|
688223
|
601012
|
002459
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | — |
Price/Book Value | 1.63 | 1.75 | 1.13 |
Price/Sales | 0.66 | 1.31 | 0.52 |
Price/Cash Flow | 5.10 | 14.56 | 6.03 |
Price/Earnings
688223
601012
002459
Financial Strength
|
Metric
|
688223
|
601012
|
002459
|
|---|---|---|---|
Quick Ratio | 0.77 | 0.91 | 0.68 |
Current Ratio | 1.17 | 1.28 | 1.13 |
Interest Coverage | −4.18 | −7.77 | −3.04 |
Quick Ratio
688223
601012
002459
Profitability
|
Metric
|
688223
|
601012
|
002459
|
|---|---|---|---|
Return on Assets (Normalized) | −3.75% | −5.38% | −5.57% |
Return on Equity (Normalized) | −16.71% | −15.06% | −25.84% |
Return on Invested Capital (Normalized) | −4.89% | −8.46% | −7.35% |
Return on Assets
688223
601012
002459
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United States