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JKS 1-star rating from Upturn Advisory
JinkoSolar Holding Company Limited (JKS) company logo

JinkoSolar Holding Company Limited (JKS)

JinkoSolar Holding Company Limited (JKS) 1-star rating from Upturn Advisory
$25.29
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Upturn Advisory Summary

02/27/2026: JKS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

7 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $37.42

1 Year Target Price $37.42

Analysts Price Target For last 52 week
$37.42 Target price
52w Low $12.61
Current$25.29
52w High $31.88
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Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.36B USD
Price to earnings Ratio -
1Y Target Price 37.42
Price to earnings Ratio -
1Y Target Price 37.42
Volume (30-day avg) 7
Beta 0.46
52 Weeks Range 12.61 - 31.88
Updated Date 03/1/2026
52 Weeks Range 12.61 - 31.88
Updated Date 03/1/2026
Dividends yield (FY) 4.76%
Basic EPS (TTM) -5.06

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Earnings Date

Report Date 2026-03-06
When -
Estimate -3.82
Actual -

Profitability

Profit Margin -2.26%
Operating Margin (TTM) -20.7%

Management Effectiveness

Return on Assets (TTM) -2.23%
Return on Equity (TTM) -9.06%

Valuation

Trailing PE -
Forward PE 52.36
Enterprise Value 5096222554
Price to Sales(TTM) 0.02
Enterprise Value 5096222554
Price to Sales(TTM) 0.02
Enterprise Value to Revenue 0.51
Enterprise Value to EBITDA 7.12
Shares Outstanding 51652441
Shares Floating 123419572
Shares Outstanding 51652441
Shares Floating 123419572
Percent Insiders 17.96
Percent Institutions 12.69

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

JinkoSolar Holding Company Limited

JinkoSolar Holding Company Limited(JKS) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

JinkoSolar Holding Company Limited was founded in 2006. It has grown to become a leading global solar panel manufacturer. Key milestones include its listing on the New York Stock Exchange (NYSE) in 2010 and achieving significant increases in manufacturing capacity and module shipments over the years, solidifying its position in the rapidly expanding solar energy market.

Company business area logo Core Business Areas

  • Module Manufacturing: JinkoSolar's primary business involves the research, development, manufacturing, and sales of photovoltaic (PV) modules. These modules are the core components of solar power systems, converting sunlight into electricity. The company offers a wide range of module types, including monocrystalline and polycrystalline panels, catering to residential, commercial, and utility-scale projects.
  • Cell Manufacturing: The company also manufactures solar cells, which are the fundamental units that generate electricity within a PV module. Integrated cell production allows JinkoSolar to control quality and costs throughout its manufacturing process.
  • Wafer Manufacturing: JinkoSolar has backward integrated into wafer production, further enhancing its control over the supply chain and cost structure. Wafers are the base material for solar cells.
  • Project Development and Sales: While primarily a manufacturer, JinkoSolar also engages in the development and sale of solar power projects, though this is a smaller segment compared to its manufacturing operations.

leadership logo Leadership and Structure

JinkoSolar Holding Company Limited is led by its Chairman and Chief Executive Officer, Xiande Li. The company operates with a global footprint, including manufacturing facilities and sales offices across Asia, Europe, and the Americas. Its organizational structure is designed to support its extensive manufacturing operations and international sales network.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • JinkoSolar Tiger Neo Series: This series of high-efficiency solar modules utilizes advanced N-type TOPCon technology, offering superior power output, lower degradation rates, and enhanced performance in low-light conditions. Competitors include LONGi Solar, Trina Solar, Canadian Solar, and JA Solar. Market share data for specific product lines is not publicly detailed, but JinkoSolar is a top-tier global supplier of solar modules.
  • JinkoSolar Cheetah Series: This series represents JinkoSolar's mainstream PERC (Passivated Emitter Rear Contact) solar modules, known for their cost-effectiveness and reliable performance. They are widely used across residential, commercial, and utility-scale projects. Competitors are the same as the Tiger Neo Series. JinkoSolar has historically been one of the largest module manufacturers globally by shipment volume.

Market Dynamics

industry overview logo Industry Overview

The global solar energy industry is experiencing rapid growth, driven by increasing environmental concerns, government incentives, decreasing solar technology costs, and growing demand for renewable energy sources. Key trends include advancements in solar cell efficiency (e.g., TOPCon, HJT), bifacial module technology, and the integration of energy storage solutions. The industry is characterized by intense competition and a focus on cost reduction and technological innovation.

Positioning

JinkoSolar is a leading global manufacturer of solar PV products, consistently ranking among the top tier in terms of module shipments worldwide. Its competitive advantages include its scale of operations, advanced manufacturing capabilities, vertical integration (from wafers to modules), global sales network, and commitment to technological innovation. The company benefits from its ability to produce high-efficiency modules at competitive costs.

Total Addressable Market (TAM)

The total addressable market for solar energy, encompassing solar panel manufacturing, installation, and related services, is substantial and projected to grow significantly in the coming years, driven by global decarbonization efforts. While precise TAM figures fluctuate with economic conditions and policy changes, it is in the hundreds of billions of dollars annually. JinkoSolar, as a major module manufacturer, holds a significant share of the module manufacturing segment of this TAM and is well-positioned to capture further growth as the overall market expands.

Upturn SWOT Analysis

Strengths

  • Leading global market position in solar module shipments.
  • Vertically integrated supply chain (wafer, cell, module manufacturing).
  • Strong research and development capabilities, leading to advanced product offerings (e.g., N-type TOPCon).
  • Extensive global sales and distribution network.
  • Economies of scale leading to competitive pricing.
  • Brand recognition and established customer relationships.

Weaknesses

  • Susceptibility to volatile raw material prices (e.g., polysilicon).
  • Dependence on global trade policies and tariffs.
  • Intense competition leading to price pressures.
  • Capital intensive nature of manufacturing operations.
  • Potential for supply chain disruptions.

Opportunities

  • Increasing global demand for renewable energy driven by climate change initiatives.
  • Government incentives and supportive policies for solar energy adoption.
  • Advancements in solar technology leading to higher efficiency and lower costs.
  • Expansion into emerging markets with high solar potential.
  • Growth of energy storage solutions complementing solar installations.
  • Opportunities in distributed generation and rooftop solar markets.

Threats

  • Global economic downturns affecting investment in renewable energy.
  • Changes in government policies or reduction of subsidies.
  • Increasing competition from new entrants and established players.
  • Geopolitical risks affecting supply chains and market access.
  • Technological obsolescence if R&D fails to keep pace.
  • Rising interest rates impacting project financing.

Competitors and Market Share

Key competitor logo Key Competitors

  • LONGi Green Energy Technology Co., Ltd. (LONGi Solar)
  • Trina Solar Co., Ltd.
  • Canadian Solar Inc. (CSIQ)
  • JA Solar Technology Co., Ltd.

Competitive Landscape

JinkoSolar's competitive advantages lie in its scale, technological innovation (especially in N-type), and vertical integration. However, it faces intense competition from other major Chinese manufacturers like LONGi and Trina Solar, as well as established global players like Canadian Solar. Price competition is a significant factor, and staying ahead in technological advancements is crucial for maintaining market share and profitability.

Growth Trajectory and Initiatives

Historical Growth: JinkoSolar has demonstrated strong historical growth in terms of manufacturing capacity, module shipments, and revenue. This growth has been fueled by the expansion of the global solar market and the company's strategic investments in technology and production scale.

Future Projections: Future growth for JinkoSolar is projected to be strong, driven by the continued global transition to renewable energy. Analysts generally forecast continued increases in module shipments and revenue, with a focus on high-efficiency products. Growth will likely be supported by expanding manufacturing capacity and capturing market share in key regions.

Recent Initiatives: Recent initiatives by JinkoSolar include significant investments in N-type TOPCon technology to improve module efficiency and performance, expansion of its global manufacturing footprint to mitigate supply chain risks and meet regional demand, and the development of more integrated solar solutions.

Summary

JinkoSolar Holding Company Limited is a dominant player in the global solar module manufacturing industry, boasting strong production capacity, technological leadership in N-type cells, and a vast international presence. Its vertical integration provides cost advantages and supply chain control. However, the company operates in a highly competitive and price-sensitive market susceptible to raw material volatility and trade policies. Continued investment in R&D and strategic capacity expansion are crucial for maintaining its leading position and navigating future challenges.

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Sources and Disclaimers

Data Sources:

  • JinkoSolar Holding Company Limited Investor Relations
  • SEC Filings (10-K, 10-Q)
  • Industry research reports (e.g., Wood Mackenzie, BloombergNEF)
  • Financial news and data providers (e.g., Refinitiv, S&P Capital IQ)

Disclaimers:

This JSON output is for informational purposes only and does not constitute investment advice. Financial data and market share figures are estimates and subject to change. Users should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About JinkoSolar Holding Company Limited

Exchange NYSE
Headquaters -
IPO Launch date 2010-05-14
Co-Founder, CEO & Chairman of the Board Mr. Xiande Li
Sector Technology
Industry Solar
Full time employees 33830
Full time employees 33830

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2024, it had an integrated annual capacity of 120 gigawatts (GW) for mono wafers; 95 GW for solar cells; and 130 GW for solar modules. It operates in China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, Germany, and internationally. The company was founded in 2006 and is headquartered in Guangxin, the People's Republic of China.