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JinkoSolar (JKS)
NYSE:JKS
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.98Last Year’s EPS
1.16Same Quarter Last Year
Moderate Sell
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: -9.95%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Negative
The earnings call presented a challenging year for JinkoSolar with significant declines in profit and gross margins due to pricing pressures and demand imbalances. However, the company maintained its leadership in module shipments and made notable achievements in sustainability and patent holdings. The outlook remains cautious with expectations for gradual improvements.Company Guidance
During the fourth quarter 2024 earnings call, JinkoSolar provided guidance for the first quarter and full-year 2025, highlighting expectations of mass-produced N-type cell efficiency reaching approximately 27% by the end of 2025. The company projected module shipments between 16 to 18 gigawatts for Q1 2025 and 85 to 100 gigawatts for the full year. JinkoSolar emphasized a cautious approach to capacity expansion, with no new additions except for TOPCon technology upgrades, aiming for production capacities of 120 gigawatts for mono wafers, 95 gigawatts for solar cells, and 130 gigawatts for solar modules by year-end. In terms of financial metrics, the company reported a gross margin of 3.6% for Q4 2024, significantly down from 15.7% in Q3, with a net loss of $64.9 million compared to a net income of $3.2 million in the previous quarter. For the full year 2024, JinkoSolar's revenue was $12.64 billion, with gross margin at 10.9%, down from 16% in 2023, and net income at $7.9 million, a 98% decrease year-over-year. The company plans to maintain a healthy cash reserve, with cash and cash equivalents of $3.8 billion at the end of Q4 2024, and aims to optimize its asset and liability structure.Record Annual Module Shipments
Annual module shipments increased by 18.3% year-over-year to 93 gigawatts, ranking first in the industry.
Sustainability Achievements
JinkoSolar was included in the S&P Global 2025 Sustainability Yearbook and received a BBB rating in the MSCI ESG ratings for the second consecutive year.
Patent Portfolio Strength
JinkoSolar holds 462 granted TOPCon patents, making it a leading holder of TOPCon-related patents globally.
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JKS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JKS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $20.70 | $20.53 | -0.82% |
| Oct 30, 2024 | $24.16 | $25.35 | +4.93% |
| Aug 30, 2024 | $18.10 | $19.14 | +5.75% |
| Apr 29, 2024 | $22.36 | $22.92 | +2.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does JinkoSolar (JKS) report earnings?
JinkoSolar (JKS) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is JinkoSolar (JKS) earnings time?
JinkoSolar (JKS) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JKS EPS forecast?
JKS EPS forecast for the fiscal quarter 2025 (Q1) is -0.98.
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