Jinko Solar (JKS)


December 3, 2024

Are the Moves in Jinko Solar’s/Canadian Solar’s Shrs on the Revealing of the U.S. Preliminary Anti-Dumping Rates Justified? And, Are Rates (Likely) Headed a Lot Higher in 2025E?

By Gordon L. Johnson II

Jinko Solar’s Stock has Surged Since the US Commerce Department’s Release of its Preliminary Anti-Dumping Rates Last Week; is it Justified? In short, when looking at both JKS’: (a) preliminary Malaysian Countervailing Duties (link) of…

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October 29, 2024

JinkoSolar 3Q24 Earnings Preview: Do Chinese Parts Suppliers Have a Q3 “Big Trouble in Little China” Problem?

By Gordon L. Johnson II

JinkoSolar Reports Q3 Earnings Before the Market Opens Tomorrow. Ahead of JKS’ 3Q24 earnings report this Wed., below, using intra-quarter movements in solar poly-Si, wafer, cell, and module prices (as well as the company’s Q3…

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March 7, 2024

While the Street’s 2024E Adj.-EPS Estimate for Jinko Solar has “Collapsed” from $9.76/shr Three Months Ago to $5.98/shr Currently, is it Enough?

By Gordon L. Johnson II

So… is Jinko Solar Still a Good Short, or Has that Train Left the Station? In the analysis that follows, we update our views on global solar wafer/cell/module bellwether Jinko Solar, to include: (a) our…

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December 8, 2023

Adjusting Our Bottom-Up Jinko Solar Model for the Recent Global Solar Module Price “Crash”, we Look to Address How Much Incremental Earnings Downside the Company Has?

By Gordon L. Johnson II

How’d Jinko Solar Fare in 3Q23? In 3Q23, JKS reported rev/GM%/non-GAAP EPS of $4.4bn/19.3%/$2.55 (Street $4.2bn/14.95%/$1.18). And, on those results 10/30/23, we’ll remind our readers that JKS’ share price surged +10.3% (while the lion’s share…

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July 18, 2023

2Q23 Earnings Preview: “Big Trouble in Little China” – Is the Buyside Missing 2H23 Problems in the World’s Largest Solar Market?

By Gordon L. Johnson II

Is 2H23E Setting Up as Among the Best Opportunities in Years to Short Solar Stocks (and Particularly the “Parts Makers”)? In the analysis that follows, we attempt to address the question posed above, as well…

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March 30, 2023

In Light of Jinko’s Sizeable Q4 Miss, What Does Our Model Point to For 2023E Rev/EPS Given the Current Global Oversupply of “Solar Parts”?

By Gordon L. Johnson II

In Light of its Sizeable Q4 adj.-GAAP EPS Miss ($0.82A vs. $1.20 est.), is the Street Still Too Optimistic? With global high-efficiency mono PERC module prices already down -8.8% YTD (vs. a full-year 2022 fall…

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