JinkoSolar(JKS)

Search documents
JinkoSolar to Report Fourth Quarter and Full Year 2024 Results on March 26, 2025
Prnewswire· 2025-03-12 11:11
SHANGRAO, China, March 12, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2024 before the open of U.S. markets on Wednesday, March 26, 2025. JinkoSolar's management will host an earnings conference call on Wednesday, March 26, 2025 at 8:00 a.m. U.S. Easte ...
JinkoSolar Ranked as the Most Bankable Solar Module Company in BloombergNEF's 2024 PV Module Bankability Survey
Prnewswire· 2025-03-05 11:36
Core Insights - JinkoSolar has been ranked as the most bankable solar module company in the 2024 PV Module Bankability Survey by Bloomberg New Energy Finance, achieving a 100% bankability rating [1][2] Company Performance - By the end of 2024, JinkoSolar's total module shipments exceeded 300GW, with the Tiger Neo series alone surpassing 140GW in cumulative shipments [3] - The latest Tiger Neo 3.0 series features power ratings over 670W, a maximum module efficiency of 24.8%, and bifaciality up to 85%, contributing to a 3.38% increase in overall power generation [3] Financial and Technological Strength - JinkoSolar's strong financial position, technological innovations, and product reliability have been key factors in its top ranking in bankability [1][2] - The enhanced bifaciality of the Tiger Neo series reduces the Levelized Cost of Electricity (LCOE) by 3.14%, providing greater financial benefits for solar investments [3] Future Outlook - The company plans to continue investing heavily in R&D, focusing on N-type technology and integrated "solar + storage" solutions to support the global transition to sustainable energy [4]
JinkoSolar's Subsidiary, Jinko Solar Co., Ltd., Announces Certain Preliminary Unaudited Financial Results for Full Year 2024
Prnewswire· 2025-02-27 12:32
SHANGRAO, China, Feb. 27, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that its majority-owned principal operating subsidiary, JinkoSolar Co., Ltd. ("Jiangxi Jinko"), has published certain preliminary unaudited financial results under PRC GAAP for the year ended December 31, 2024. For the year ended December 31, 2024, (i) the preliminary unaudited revenues of Jiangxi Ji ...
All You Need to Know About JinkoSolar (JKS) Rating Upgrade to Buy
ZACKS· 2025-02-20 18:00
Core Viewpoint - JinkoSolar (JKS) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - Rising earnings estimates for JinkoSolar suggest an improvement in the company's underlying business, likely leading to an increase in stock price [5]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - JinkoSolar's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Earnings Estimate Revisions for JinkoSolar - For the fiscal year ending December 2024, JinkoSolar is expected to earn -$0.24 per share, reflecting a change of -102.4% from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for JinkoSolar has increased by 296.8%, indicating a significant upward revision in earnings expectations [8].
JKS Investors Have Opportunity to Join JinkoSolar Holding Co., Ltd. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-02-13 09:15
Core Viewpoint - The Schall Law Firm is investigating JinkoSolar Holding Co., Ltd. for potential violations of securities laws, particularly concerning misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether JinkoSolar issued false or misleading statements and failed to disclose critical information to investors [2]. - On January 17, 2025, JinkoSolar reported a decline of over 98% in its majority-owned subsidiary, Jinko Solar Co., Ltd., and anticipated a significant net loss for the year [2]. - Following this announcement, JinkoSolar's American depositary receipt (ADR) price dropped by 9.77% on the same day [2]. Group 2: Legal Representation - The Schall Law Firm is representing investors globally and specializes in securities class action lawsuits and shareholder rights litigation [3]. - Shareholders who have suffered losses are encouraged to contact the firm for a free discussion of their rights [3].
JinkoSolar Tops Wood Mackenzie's Global Solar Module Manufacturers Ranking 2025
Prnewswire· 2025-02-10 10:19
SHANGRAO, China, Feb. 10, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it ranked No.1 in the Global Solar Module Manufacturers Ranking 2025 report recently published by Wood Mackenzie, thanks to its outstanding technological capabilities and highly efficient module performance. This achievement not only reflects the Company's commitment to high-quality develo ...
Jinko Solar: Thrived Against All Odds Showing Solar Market Resilience
Seeking Alpha· 2025-02-07 22:28
In my previous article, I rated JinkoSolar Holding Co, Ltd (NYSE: NYSE: JKS ) as a buy based on its strong operational efficiency. In this article, I am reiterating my buy rating driven by the company's resiliency amidFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enabling me to uncov ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JinkoSolar Holding Co., Ltd. - JKS
Prnewswire· 2025-02-04 20:55
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving JinkoSolar and its officers or directors [1] Group 1: Financial Performance - JinkoSolar reported preliminary unaudited financial results for 2024, estimating a net income between 80 million yuan and 120 million yuan ($10.92 million to $16.37 million), indicating a decline of over 98% [2] - The company anticipates a full-year preliminary unaudited net loss attributable to shareholders, excluding extraordinary gains and losses, ranging from 750 million yuan to 1.05 billion yuan, representing a decrease of 100.8% to 115.2% [2] - Following the announcement of these results, JinkoSolar's American depositary receipt (ADR) price dropped by $2.30 per ADR, or 9.77%, closing at $21.24 per ADR on January 17, 2025 [2] Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [3]
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JinkoSolar Holding Co., Ltd. - JKS
Prnewswire· 2025-01-21 22:40
Group 1 - JinkoSolar is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - On January 17, 2025, JinkoSolar reported preliminary unaudited financial results for 2024, estimating a net income decline of over 98%, with figures ranging from 80 million yuan to 120 million yuan ($10.92 million to $16.37 million) [2] - The company anticipates a full-year preliminary unaudited net loss attributable to shareholders between 750 million yuan and 1.05 billion yuan, indicating a decrease of 100.8% to 115.2% [2] - Following the financial news, JinkoSolar's American depositary receipt (ADR) price dropped by $2.30, or 9.77%, closing at $21.24 per ADR on January 17, 2025 [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering billions in damages for victims of securities fraud and corporate misconduct [3]
JinkoSolar's Subsidiary, Jinko Solar Co., Ltd., Announces Estimates of Certain Preliminary Unaudited Financial Results for Full Year 2024
Prnewswire· 2025-01-17 13:12
Core Viewpoint - JinkoSolar's majority-owned subsidiary, Jiangxi Jinko, reported significant declines in preliminary unaudited financial results for the year ended December 31, 2024, indicating a challenging financial environment for the company [1][2]. Financial Performance - Preliminary unaudited net income attributable to shareholders of Jiangxi Jinko is estimated to be between RMB80 million to RMB120 million, representing a decrease of 98.39% to 98.92% compared to the previous year, which was RMB7,320.48 million to RMB7,360.48 million [2]. - Preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko, excluding extraordinary gains and losses, is estimated to be in the range of RMB750 million to RMB1,050 million, a decrease of 110.86% to 115.21% from the previous year's loss of RMB7,654.04 million to RMB7,954.04 million [2]. Accounting and Reporting Differences - The preliminary unaudited financial results for Jiangxi Jinko differ from JinkoSolar's consolidated financial results due to differences in consolidation scope and accounting standards, with Jiangxi Jinko's results prepared in accordance with PRC GAAP and the consolidated results prepared under U.S. GAAP [3]. Company Ownership - JinkoSolar currently holds approximately 58.59% equity interest in Jiangxi Jinko, indicating a majority ownership stake [4]. Company Overview - JinkoSolar is recognized as one of the largest and most innovative solar module manufacturers globally, with a diverse customer base across multiple countries [5]. - The company operates over 10 production facilities and has more than 20 overseas subsidiaries, showcasing its extensive global presence [6].