YouTube · Q2 2026 · 2026-08-29
JKS · NYSE
JinkoSolar Holding Co., Ltd.
Solar · China
USD 9.419.0% daily changeQuote 2026-11-02 · USD
- Market cap (USD)
- US$492.80M
- Trailing P/E
- —
- Forward P/E
- 40.74x
- Quarterly revenue growth
- -15.7%
- Trailing net margin
- -5.1%
- Indicated dividend yield
- 15.9%
Snapshot 2026-11-03 · Latest financial period 2026-09-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Company background
Jinko Holdings Limited, together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company provides solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It offers 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, 2025, 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, India, Saudi Arabia, Australia, Pakistan, Brazil, Poland, Japan, Spain, and Germany. Jinko Holdings Limited was formerly known as JinkoSolar Holding Co., Ltd. and changed its name to Jinko Holdings Limited in October 2026. The company was founded in 2006 and is headquartered in Guangxin, the People's Republic of China.
Company websiteQ2 2026
Go beyond the headline.
JinkoSolar (JKS): The $212M Operating Loss That Was Reported As $103M
Published 2026-08-29
Comparable businesses
JKS peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | JKSJinko Holdings LimitedSnapshot 2026-11-03Financial period: 2026-09-30 | CSIQCanadian Solar Inc.Snapshot 2026-11-03Financial period: 2026-06-30 | SEDGSolarEdge Technologies, Inc.Snapshot 2026-11-03Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$492.80M | US$638.91M | US$1.86B |
| Forward P/EProvider forward earnings estimate | 40.74x | — | 37.82x |
| EV / EBITDAEnterprise value / trailing EBITDA | — | 12.71x | — |
| Revenue growthLatest quarter vs prior-year quarter | -15.7% | -28.7% | 19.6% |
| Operating marginLatest reported quarter | -0.6% | -5.9% | -6.5% |
| Free cash flow yieldTrailing cash flow / market cap | — | -201.6% | 6.1% |
| Net debt / EBITDANet debt / trailing EBITDA | 6.82x | 9.32x | — |
| Debt / equityTotal debt / positive book equity | 1.46x | 1.72x | 0.99x |
| Trailing P/ETrailing twelve-month earnings | — | — | — |
| Price / bookPrice / positive book equity per share | 0.23x | 0.23x | 4.51x |
| EV / salesEnterprise value / trailing revenue | — | 1.60x | 1.29x |
| Earnings growthLatest quarter vs prior-year quarter | — | — | — |
| Gross marginTrailing twelve months | 5.8% | 17.6% | 21.3% |
| Net marginTrailing twelve months | -5.1% | -3.7% | -20.3% |
| Return on equityProvider trailing return; positive equity only | -16.3% | -6.0% | -58.4% |
| Free cash flow marginTrailing free cash flow / revenue | — | -25.8% | 8.5% |
| Dividend yieldIndicated annual dividend / price | 15.9% | — | — |
| Earnings payoutProvider trailing dividend payout | 390.3% | 0.0% | 0.0% |
| Current ratioCurrent assets / current liabilities | 1.12x | 1.02x | 2.03x |
| BetaProvider historical market sensitivity | 0.34 | 1.49 | 1.30 |
YouTube · Q2 2026 · 2026-08-29
YouTube · Q1 2026 · 2026-05-07
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Revenue
Reported figures
Financial data & calculation notes
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Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-11-03. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for JKS
Q2 20262026-08-29
JinkoSolar (JKS): The $212M Operating Loss That Was Reported As $103M
Presentation · 2026-08-29 · YouTube