(JKS) JinkoSolar Holding Limited - Ratings and Ratios

JinkoSolar Holding Co., Ltd. is a leading global solar energy company specializing in the design, development, and distribution of photovoltaic (PV) products. The company offers a wide range of solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides comprehensive solar system integration services, solar power generation, and engineering, procurement, and construction (EPC) services. Additionally, JinkoSolar delivers energy storage systems and undertakes large-scale solar power projects.

With a strong global presence, JinkoSolar operates in over 20 countries, including China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, and Germany. As of December 31, 2023, the company boasts an integrated annual production capacity of 85 GW for mono wafers, 90 GW for solar cells, and 110 GW for solar modules. This scale underscores its position as one of the largest solar manufacturers globally.

Founded in 2006 and headquartered in Shangrao, China, JinkoSolar has established itself as a key player in the renewable energy sector. Its products are sold under the JinkoSolar brand to distributors, project developers, system integrators, and manufacturers of solar power products. The company’s focus on innovation, efficiency, and sustainability has made it a preferred partner for solar projects worldwide.

As of the latest data, JinkoSolar’s market capitalization stands at approximately $1.13 billion USD. The company’s price-to-earnings (P/E) ratio is 30.60, with a forward P/E of 5.42, indicating expectations of future growth. Its price-to-book (P/B) ratio is 0.41, and the price-to-sales (P/S) ratio is 0.01, reflecting its valuation relative to its financial fundamentals.

JinkoSolar’s commitment to advancing solar technology is evident through its high-efficiency solar panels, such as the Tiger series, which have become industry benchmarks. The company’s vertically integrated business model, coupled with its global distribution network, positions it as a critical enabler of the global transition to renewable energy.