China's Solar Panel Giants Say Prices Are Near the Bottom [BNN Bloomberg (Canada)]
JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (JKS)
Last jinkosolar holding company limited american depositary shares (each representing 4 common shares) earnings: 3/13 06:43 am
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Source: BNN Bloomberg
The current slump is “irrational” and there's only a small probability it will continue, Jinko Solar Co. Chairman Li Xiande said in a joint presentation hosted by the Shanghai Stock Exchange. Li answered written questions from investors at the event on Tuesday along with executives from other firms, including Trina Solar Co. and CSI Solar Co. The companies are trying to turn a corner after solar manufacturers saw profits vanish as a wave of new factories that were aimed at capturing a growing market came online in the past year. Instead, the new supply has overwhelmed demand, sending panel prices to record lows and annihilating margins. “The price of photovoltaic modules is currently at a low level, and there's limited room for further decline,” Trina Chairman Gao Jifan said at the presentation. Solar module prices are at about half the level they were in March 2023, BloombergNEF data show. China, by far the world's largest solar market, is facing grid constraints that may slow
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News
- Biden Seeks to Bolster Solar Manufacturers With Tax and Trade Moves [Yahoo! Finance Canada]Yahoo! Finance Canada
- JinkoSolar Delivers More than 1.1 Million Tiger Neo Modules to One of The Largest PV Projects in Germany and Europe [Yahoo! Finance]Yahoo! Finance
- JinkoSolar Delivers More than 1.1 Million Tiger Neo Modules to One of The Largest PV Projects in Germany and EuropePR Newswire
- China's Solar Panel Giants Say Prices Are Near the Bottom [Yahoo! Finance Canada]Yahoo! Finance Canada
- China's Solar Panel Giants Say Prices Are Near the Bottom [Financial Post (Toronto, Ontario, Canada)]Financial Post
JKS
Earnings
- 4/29/24 - Beat
JKS
Sec Filings
- 4/29/24 - Form 6-K
- 4/25/24 - Form 20-F
- 4/18/24 - Form 6-K
- JKS's page on the SEC website