JinkoSolar (NYSE:JKS) Announces Quarterly Earnings Results

JinkoSolar (NYSE:JKS) released its quarterly earnings results on Wednesday. The semiconductor company reported ($1.52) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.84) by $0.32, Zacks reports. JinkoSolar had a negative return on equity of 9.54% and a negative net margin of 5.62%.The business had revenue of $1.78 billion during the quarter, compared to analyst estimates of $2.09 billion.

Here are the key takeaways from JinkoSolar’s conference call:

• 13.7 GW module shipments in Q1 with >80% shipped overseas and the company surpassing 400 GW cumulative deliveries; guidance of 14–16 GW for Q2 and 75–85 GW for FY2026 with ~100 GW integrated capacity target by year-end signals scale and growth potential.
• Gross margin improved to 8.3% (from 0.3% in Q4) and gross profit rose ~17x sequentially, with adjusted net loss narrowing to CNY 9.6m; management expects Q2 margins to be stable and further improvement in H2 as high-efficiency Tiger Neo 3.0 ramps.
• ESS momentum—Q1 POD shipments ~1.42 GWh (520 MWh recognized revenue); company expects ESS shipments to more than double in 2026, targeting ~10 GWh with improved profitability by focusing on high-value markets (Europe, U.S.).
• Geopolitical and logistics disruptions have increased shipping costs and delivery pressure, while working capital metrics deteriorated (AR days 128, inventory days 142) and net debt rose to CNY 3.55bn, creating near-term financial and execution risks.

JinkoSolar Trading Up 3.2%

Shares of NYSE JKS traded up $0.76 during midday trading on Friday, hitting $24.11. The company’s stock had a trading volume of 451,443 shares, compared to its average volume of 677,366. The company has a current ratio of 1.25, a quick ratio of 0.99 and a debt-to-equity ratio of 1.24. The business’s 50 day moving average is $24.24 and its two-hundred day moving average is $25.63. JinkoSolar has a 12-month low of $16.80 and a 12-month high of $31.88. The firm has a market cap of $1.25 billion, a P/E ratio of -2.47 and a beta of 0.59.

Wall Street Analyst Weigh In

JKS has been the subject of a number of recent analyst reports. Wall Street Zen lowered JinkoSolar from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Weiss Ratings raised JinkoSolar from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, April 22nd. Daiwa Securities Group raised JinkoSolar from a “sell” rating to a “buy” rating and set a $28.50 price objective for the company in a research note on Tuesday, March 24th. Zacks Research lowered JinkoSolar from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Freedom Capital raised JinkoSolar from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $24.13.

Institutional Investors Weigh In On JinkoSolar

Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of JinkoSolar in the second quarter worth approximately $47,000. Federation des caisses Desjardins du Quebec raised its holdings in shares of JinkoSolar by 277.9% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 7,086 shares of the semiconductor company’s stock worth $183,000 after buying an additional 5,211 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of JinkoSolar in the fourth quarter worth approximately $209,000. Russell Investments Group Ltd. purchased a new stake in shares of JinkoSolar in the fourth quarter worth approximately $215,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of JinkoSolar by 7,759.6% in the second quarter. JPMorgan Chase & Co. now owns 11,082 shares of the semiconductor company’s stock worth $235,000 after buying an additional 10,941 shares during the period. 35.82% of the stock is currently owned by hedge funds and other institutional investors.

JinkoSolar Company Profile

JinkoSolar Holding Co, Ltd. (NYSE: JKS) is a vertically integrated solar photovoltaic (PV) manufacturer headquartered in Shanghai, China. The company specializes in the design, development and production of high-performance solar modules, silicon wafers, solar cells and related components. Since its founding in 2006, JinkoSolar has become one of the world’s largest solar module suppliers, known for delivering reliable products to utility, commercial and residential customers.

JinkoSolar’s product portfolio encompasses a broad range of monocrystalline and polycrystalline PV modules, including half-cell, bifacial and high-efficiency Tiger module series.