Solar Storm Takes The Shine Off JinkoSolar [Seeking Alpha]
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
Check Earnings Report
US:NYSE Investor Relations:
ir.jinkosolar.com
Company Research
Source: Seeking Alpha
The company predicted consolidation in the solar sector will accelerate this year, with the top 10 producers controlling 90% of the market by year-end, up from 70% in 2023. Despite the reliance on government subsidies to stay in the black, analysts still expect JinkoSolar and most of its peers to remain profitable this year, even as they continue to build new capacity. The solar panel maker's revenue rose just 9.4% in last year's fourth quarter, far slower than its 66% jump in product shipments, as the industry suffered from tumbling prices. Thank goodness for government subsidies. Such largess appears to be an important factor that kept JinkoSolar Holding Co. Ltd. NYSE: JKS ; 688223.SH) from sinking into the red in last year's fourth quarter. The leading solar panel maker forecast more turbulence ahead in 2024, predicting consolidation would accelerate for a sector now grappling with tumbling prices caused by a huge oversupply in manufacturing capacity. Despite managing to
Show less
Read more
Impact Snapshot
Event Time:
JKS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JKS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JKS alerts
High impacting JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) news events
Weekly update
A roundup of the hottest topics
JKS
News
- JinkoSolar Once Again Tops PV Tech's 2024 Q1 ModuleTech Bankability Report with AAA Rating [Yahoo! Finance]Yahoo! Finance
- JinkoSolar Once Again Tops PV Tech's 2024 Q1 ModuleTech Bankability Report with AAA RatingPR Newswire
- JinkoSolar Files 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- JinkoSolar Files 2023 Annual Report on Form 20-FPR Newswire
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
JKS
Earnings
- 3/20/24 - Miss
JKS
Sec Filings
- 4/25/24 - Form 20-F
- 4/18/24 - Form 6-K
- 3/29/24 - Form 6-K
- JKS's page on the SEC website