JinkoSolar Holding Co., Ltd. logo

JinkoSolar Holding Co., Ltd.

JKS

NYSEEnergySolar

Previous close

$15.92

+$0.05 · +0.32%

Aug 21, 4:00 PM ET

JKS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

65

Undervalued

Momentum

20

Strong Down

Sentiment

63

Bullish

Risk resilience

39

High Risk

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Company profile

Company website

JinkoSolar Holding Co., Ltd. and its affiliated companies are primarily involved in the creation, manufacturing, and distribution of photovoltaic goods. Their product portfolio encompasses solar panels, silicon wafers, solar cells, refurbished silicon materials, and silicon ingots. Beyond manufacturing, JinkoSolar extends its expertise to solar system integration services and the construction of commercial-scale solar power installations. Operating under the JinkoSolar brand, the company's clientele includes a diverse range of partners such as distributors, developers of solar projects, system integrators, and fellow solar product manufacturers. By March 31, 2022, JinkoSolar boasted significant annual production capacities, including 40 gigawatts (GW) for mono wafers, an equivalent 40 GW for solar cells, and an impressive 50 GW for solar modules. Its global footprint spans numerous countries, such as China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, and Germany. Established in 2006, JinkoSolar Holding Co., Ltd. maintains its headquarters in Shangrao, People's Republic of China.

Industry
Solar
Sector
Energy
Headquarters
CN
CEO
Xiande Li
Listed since
May 14, 2010
Employees
26,409

Market position

Day range

Current $15.92

52-week range

Current $15.92

Open
$16.14
Previous close
$15.87
Volume
617.05K
0.81× average
Average volume
762.25K
Average daily volume
Market cap
208.43M USD
Beta
0.5
Market reference 1
50-day average
$16.4996
-3.51% below average
200-day average
$23.1226
-31.15% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
32.55B CNY
P/E (TTM)
-0.39×
P/B (TTM)
0.09×
P/S (TTM)
0.03×
EV / EBITDA
157.42×
Earnings yield
-189.08%
Free cash flow yield
-94.37%
Dividend yield
17.46%

Profitability & efficiency

Gross margin
4.81%
Operating margin
-7.81%
Net margin
-5.86%
Return on equity
-28.25%
Return on assets
-3.67%
Return on invested capital
-5.35%

Financial health

Debt / equity
3.35×
Current ratio
1.25×
Altman Z-score
0.4
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%9%-2%-12%Gross margin, FY2021: 16.31%Gross margin, FY2022: 14.77%Gross margin, FY2023: 16.05%Gross margin, FY2024: 10.90%Gross margin, FY2025: 2.15%Operating margin, FY2021: 2.70%Operating margin, FY2022: 0.52%Operating margin, FY2023: 5.13%Operating margin, FY2024: -3.63%Operating margin, FY2025: -9.31%Net margin, FY2021: 1.77%Net margin, FY2022: 0.75%Net margin, FY2023: 2.90%Net margin, FY2024: 0.06%Net margin, FY2025: -6.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.31%. Gross margin FY2022 14.77%. Gross margin FY2023 16.05%. Gross margin FY2024 10.90%. Gross margin FY2025 2.15%. Operating margin FY2021 2.70%. Operating margin FY2022 0.52%. Operating margin FY2023 5.13%. Operating margin FY2024 -3.63%. Operating margin FY2025 -9.31%. Net margin FY2021 1.77%. Net margin FY2022 0.75%. Net margin FY2023 2.90%. Net margin FY2024 0.06%. Net margin FY2025 -6.79%.

Income trends

Revenue

65.5B CNY-29.00%

Operating income

−6.1B CNY-82.27%

Net income

−4.45B CNY−4.5B CNY
Income trends across reported periods131.16B CNY81.25B CNY31.34B CNY−18.57B CNYRevenue, FY2021: 40.83B CNYRevenue, FY2022: 83.13B CNYRevenue, FY2023: 118.68B CNYRevenue, FY2024: 92.26B CNYRevenue, FY2025: 65.5B CNYOperating income, FY2021: 1.1B CNYOperating income, FY2022: 429.25M CNYOperating income, FY2023: 6.09B CNYOperating income, FY2024: −3.34B CNYOperating income, FY2025: −6.1B CNYNet income, FY2021: 721.02M CNYNet income, FY2022: 620.51M CNYNet income, FY2023: 3.45B CNYNet income, FY2024: 54.54M CNYNet income, FY2025: −4.45B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 40.83B CNY. Revenue FY2022 83.13B CNY. Revenue FY2023 118.68B CNY. Revenue FY2024 92.26B CNY. Revenue FY2025 65.5B CNY. Operating income FY2021 1.1B CNY. Operating income FY2022 429.25M CNY. Operating income FY2023 6.09B CNY. Operating income FY2024 −3.34B CNY. Operating income FY2025 −6.1B CNY. Net income FY2021 721.02M CNY. Net income FY2022 620.51M CNY. Net income FY2023 3.45B CNY. Net income FY2024 54.54M CNY. Net income FY2025 −4.45B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue65.5B CNY92.26B CNY118.68B CNY83.13B CNY40.83B CNY
Cost of goods sold64.09B CNY82.2B CNY99.63B CNY70.85B CNY34.17B CNY
Gross profit1.41B CNY10.06B CNY19.05B CNY12.28B CNY6.66B CNY
Research and development872.46M CNY920.54M CNY911.87M CNY724.77M CNY461.59M CNY
Selling, general, and administrative7.76B CNY11.24B CNY11.4B CNY10.75B CNY4.82B CNY
Operating expenses7.51B CNY13.4B CNY12.96B CNY11.85B CNY5.56B CNY
Interest income490.38M CNY420.56M CNY553.46M CNY599.05M CNY211.52M CNY
Interest expense1.32B CNY1.16B CNY1.17B CNY1.1B CNY827.47M CNY
Depreciation and amortization8.03B CNY7.82B CNY8.19B CNY2.76B CNY1.8B CNY
Operating income−6.1B CNY−3.34B CNY6.09B CNY429.25M CNY1.1B CNY
Net income−4.45B CNY54.54M CNY3.45B CNY620.51M CNY721.02M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
6 beats, 4 misses, 0 met estimates
Average EPS surprise
+177.74%
10 comparable reports
Latest EPS result
-1.52
Estimate -1.84 · Beat by 17.49%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.39-1.27-2.16-3.04Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Mar 26, 2025: actual -1.01, estimate -0.46, surprise -119.57%, Miss. Q2 2025, reported Apr 29, 2025: actual -2.85, estimate -1.45, surprise -96.55%, Miss. Q3 2025, reported Aug 27, 2025: actual -1.57, estimate -2.67, surprise +41.22%, Beat. Q4 2025, reported Nov 17, 2025: actual -0.999, estimate -2.01, surprise +50.42%, Beat. Q1 2026, reported Mar 25, 2026: actual -2.29, estimate -0.62, surprise -268.92%, Miss. Q2 2026, reported Apr 29, 2026: actual -1.52, estimate -1.84, surprise +17.49%, Beat. Q3 2026, reported Aug 26, 2026: actual —, estimate -0.75, surprise —, Comparison unavailable. Q4 2026, reported Nov 16, 2026: actual —, estimate -0.75, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.4B2.81B2.23B1.64BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Mar 26, 2025: actual 2.81B USD, estimate 3.22B USD, surprise -12.57%, Miss. Q2 2025, reported Apr 29, 2025: actual 1.91B USD, estimate 2.07B USD, surprise -7.71%, Miss. Q3 2025, reported Aug 27, 2025: actual 2.52B USD, estimate 2.63B USD, surprise -4.23%, Miss. Q4 2025, reported Nov 17, 2025: actual 2.26B USD, estimate 2.72B USD, surprise -16.74%, Miss. Q1 2026, reported Mar 25, 2026: actual 2.5B USD, estimate 2.71B USD, surprise -7.52%, Miss. Q2 2026, reported Apr 29, 2026: actual 1.78B USD, estimate 2.09B USD, surprise -14.95%, Miss. Q3 2026, reported Aug 26, 2026: actual —, estimate 2.17B USD, surprise —, Comparison unavailable. Q4 2026, reported Nov 16, 2026: actual —, estimate 3.27B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$24.00

50.75% upside
Past 12 months12-month forecastHigh $24.00Average $24.00Low $24.00

Rating distribution

22 ratings
Strong buy00%
Buy941%
Hold732%
Sell627%
Strong sell00%

Recent analyst actions

9 institutions
Roth CapitalmaintainNeutral
Freedom BrokermaintainHold
JefferiesmaintainBuy

JKS news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.28

2025 complete year-13.5% since 2023

2026 partial: $1.50

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 22, 2026

$1.50

Annual

Record Jun 22, 2026 · Payment Jul 9, 2026

Dividend

Ex-dividend Jul 2, 2025

$1.30

Irregular

Record Jul 2, 2025 · Payment Jul 16, 2025

Dividend

Ex-dividend Aug 15, 2024

$1.50

Irregular

Record Aug 15, 2024 · Payment Aug 30, 2024

Dividend

Ex-dividend Nov 22, 2023

$1.48

Special

Record Nov 24, 2023 · Payment Dec 13, 2023

JKS peers

ETFs holding JKS

Funds reporting this stock among their holdings, ordered by reported position size.

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