Jinkosolar Hold Stock Price, News & Analysis

JinkoSolar reported challenging Q1 2025 financial results, with module shipments reaching 17.5 GW and revenues of US$1.91 billion. The company experienced significant declines, posting a net loss of US$181.7 million amid lower module prices and trade policy disruptions.

Key highlights:

• Total shipments: 19,130 MW (17,504 MW modules, 1,626 MW cells/wafers)
• Revenue decreased 33.0% quarterly and 39.9% yearly
• Gross loss margin: 2.5%, down from 3.8% profit in Q4 2024
• Order book visibility: 60-70% for 2025

Notable achievements include becoming the first manufacturer to deliver over 320 GW solar modules globally and setting a new record 34.22% conversion efficiency for N-type TOPCon-based perovskite tandem solar cells. The company expects 2025 module shipments between 85.0-100.0 GW and plans to expand production capacity for mono wafers to 120.0 GW, solar cells to 95.0 GW, and modules to 130.0 GW by year-end.

JinkoSolar, a leading global solar module manufacturer, has announced the filing of its 2024 annual report on Form 20-F with the Securities and Exchange Commission (SEC) on April 29, 2025.

The annual report includes the company's audited consolidated financial statements and is now accessible through two main channels:

• JinkoSolar's investor relations website: http://ir.jinkosolar.com
• SEC's official website: www.sec.gov

The company has also confirmed that shareholders and American depositary shares holders can request a complimentary hard copy of the annual report containing complete audited financial statements.

JinkoSolar (NYSE: JKS), a leading global solar module manufacturer, has scheduled the release of its first quarter 2025 unaudited financial results for Tuesday, April 29, 2025, before U.S. markets open. The company will host an earnings conference call on the same day at 8:30 a.m. U.S. Eastern Time (8:30 p.m. Beijing/Hong Kong time).

Interested participants must pre-register for the conference call through the provided online registration link. A replay of the call will be available for approximately one week, ending May 6, 2025, with both international and U.S. dial-in numbers provided. Additionally, investors can access a live and archived webcast of the conference call through JinkoSolar's Investor Relations website.

JinkoSolar (NYSE: JKS) reported its Q4 and full year 2024 financial results, showing mixed performance. Module shipments for 2024 increased 18.3% year-over-year to 92.9 GW, maintaining industry leadership. However, financial metrics declined significantly due to market challenges.

Q4 2024 highlights: Revenue decreased 37.1% YoY to US$2.83 billion, with gross margin falling to 3.6% from 12.5% in Q4 2023. The company reported a net loss of US$64.9 million, compared to net income in previous quarters.

Full year 2024 performance: Total revenue declined 22.3% to US$12.64 billion, with gross margin dropping to 10.9% from 16.0% in 2023. Net income fell 98.3% to US$7.9 million.

Technology achievements include reaching 26.5% mass production efficiency for N-type TOPCon cells and securing 462 TOPCon patents. The company expects 2025 module shipments between 85.0-100.0 GW and plans to reach production capacities of 120.0 GW for mono wafers, 95.0 GW for cells, and 130.0 GW for modules by year-end.

JinkoSolar (NYSE: JKS), a leading global solar module manufacturer, has scheduled the release of its unaudited financial results for Q4 and full year 2024 before U.S. markets open on March 26, 2025.

The company will host an earnings conference call on the same day at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong time). A replay of the call will be available for one week until April 2, 2025. Interested participants can pre-register through the provided online registration link, and a webcast will be accessible through JinkoSolar's Investor Relations website.

JinkoSolar (NYSE: JKS) has achieved a significant milestone by becoming the most bankable solar module company in BloombergNEF's 2024 PV Module Bankability Survey, securing a perfect 100% bankability rating. This recognition stems from the company's robust financial position, technological innovations, and proven product reliability.

The company's achievements include:

• Total module shipments exceeding 300GW by end of 2024
• Tiger Neo series modules reaching 140GW in cumulative shipments
• Presence in nearly 200 countries and regions

The latest Tiger Neo 3.0 series, utilizing N-type TOPCon technology, showcases impressive specifications:

• Power ratings over 670W
• Maximum module efficiency of 24.8%
• Bifaciality up to 85%
• 3.38% increase in power generation from high bifaciality
• 3.14% reduction in Levelized Cost of Electricity (LCOE)

JinkoSolar's subsidiary Jiangxi Jinko released preliminary unaudited financial results for 2024, showing significant declines in performance. Revenue decreased by 21.96% year-on-year to RMB92.62 billion, while net income attributable to shareholders fell 98.78% to RMB90.54 million. The company reported a net loss of RMB1,011.98 million excluding extraordinary items, a 114.66% decrease year-on-year.

The decline was primarily due to reduced selling prices of photovoltaic products amid supply-demand mismatches in the industry. Despite maintaining leading position in module shipments and implementing efficiency improvements, Jiangxi Jinko's performance was affected by prolonged pricing pressure, obsolete capacity elimination, and a fire accident. JinkoSolar currently owns 58.59% equity interest in Jiangxi Jinko.

JinkoSolar (NYSE: JKS) has secured the top position in Wood Mackenzie's Global Solar Module Manufacturers Ranking 2025, based on data from H1 2024. The ranking evaluated 40 manufacturers across nine criteria, including manufacturing experience, vertical integration, capacity utilization, and technological maturity.

The company's cumulative module shipments exceeded 300 GW by end-2024, maintaining its global leadership in shipments for five years. Their Tiger Neo N-type TOPCon modules achieved 140 GW in shipments since launch, with quarterly sales exceeding 20 GW in 2024, leading sales for six consecutive quarters.

JinkoSolar has launched its third-generation N-type TOPCon Tiger Neo 3.0 solar modules, featuring power outputs up to 670W and introducing the industry's first 495W residential module with 24.8% conversion efficiency.

JinkoSolar's subsidiary Jiangxi Jinko has released preliminary unaudited financial estimates for full year 2024. The company projects a significant decline in performance, with preliminary unaudited net income attributable to shareholders estimated between RMB80 million to RMB120 million, representing a decrease of 98.39% to 98.92% year-over-year.

Additionally, preliminary unaudited net loss attributable to shareholders, excluding extraordinary gains and losses, is estimated between RMB750 million to RMB1,050 million, marking a decrease of 110.86% to 115.21% year-over-year.

JinkoSolar currently maintains a 58.59% equity interest in Jiangxi Jinko. The company notes that these preliminary results differ from JinkoSolar's consolidated financial results due to different consolidation scopes and accounting standards (PRC GAAP vs US GAAP).