- Jinko Solar reported a net income of 1.20 billion yuan for the first half of 2024.
- This represents a 69% decrease compared to the same period last year, when net income was 3.84 billion yuan.
- The company’s revenue for the first half of 2024 was 47.25 billion yuan.
- Analysts’ ratings for the company include 23 buys, 0 holds, and 3 sells.
- Comparisons to past results are based on values from the company’s original disclosures.
A look at Jinko Solar Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Jinko Solar shows a promising long-term outlook. With a high Growth score of 5, the company is positioned for significant expansion and development in the coming years. This indicates potential for increased market share and revenue growth.
While the Resilience score of 2 suggests some vulnerability to market fluctuations, the strong Dividend score of 4 demonstrates the company’s capability to provide attractive returns to investors. Moreover, the moderate Momentum and Value scores of 3 each indicate a stable market position and fair valuation for Jinko Solar.
Summary of Jinko Solar: Jinko Solar Co., Ltd. is engaged in the manufacturing of photovoltaic products including crystalline ingots, wafers, and mono-crystalline and multi-crystalline photovoltaic panels. The company markets its products globally, indicating a strong presence in the solar energy industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
