(JKS) JinkoSolar Holding - Ratings and Ratios

JinkoSolar Holding Co., Ltd. is a leading global solar energy solutions provider, specializing in the design, development, and distribution of high-efficiency photovoltaic (PV) products and services. The company offers a comprehensive portfolio of solar modules, silicon wafers, solar cells, and recovered silicon materials, catering to a diverse range of customers worldwide. JinkoSolars integrated business model extends beyond manufacturing, encompassing solar system integration, energy storage solutions, and engineering, procurement, and construction (EPC) services for solar power projects. This end-to-end approach positions the company as a key player in the global renewable energy transition.

As of December 31, 2024, JinkoSolar boasts an annual production capacity of 120 GW for mono wafers, 95 GW for solar cells, and 130 GW for solar modules, underscoring its significant manufacturing scale. The company operates a global network of facilities and offices across 14 countries, including China, the United States, Australia, Germany, and the United Arab Emirates. This strategic presence allows JinkoSolar to efficiently serve international markets while maintaining a strong foothold in its home market. Founded in 2006 and headquartered in Shangrao, China, JinkoSolar has established itself as one of the largest solar module manufacturers globally, with a strong focus on innovation and sustainability.

From a technical perspective, JinkoSolars stock (NYSE:JKS) is currently trading at $17.94, below its 20-day simple moving average (SMA) of $16.29 but above its 50-day SMA of $19.51. The stocks 200-day SMA stands at $21.48, indicating a potential long-term downtrend. The average true range (ATR) of 1.38 suggests moderate volatility. On the fundamental side, the companys market cap is $881.19 million, with a forward P/E ratio of 4.61, signaling expectations of future earnings growth despite a current P/B ratio of 0.31 and a negative return on equity (RoE) of -1.25.

Based on the provided data, JinkoSolars stock may face near-term resistance at its 50-day SMA of $19.51. A breakout above this level could signal a trend reversal, supported by the companys strong production capacity and global market reach. However, the negative RoE and low P/S ratio of 0.01 highlight operational challenges that could weigh on the stock in the short term. Longer-term, JinkoSolars position in the growing solar energy sector and its focus on innovation could drive growth, especially if the company improves profitability and addresses its current financial inefficiencies.