JKS Earnings Prediction
The chart below shows how JKS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JKS sees a +2.02% change in stock price 10 days leading up to the earnings, and a -1.42% change 10 days following the report. On the earnings day itself, the stock moves by +1.04%. This data can give you a slight idea of what to expect for the next quarter's release.
JKS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
24.51B
-23.01%
1.89%
Gross Margin
15.73%
-18.37%
41.33%
Operating Margin
1.22%
-87.13%
-161.62%
Net Margin
0.02%
-99.73%
-104.00%
EPS
0.11
-98.15%
-122.92%
No Data Available
JKS Earnings Analysis
JINKOSOLAR HOLDINGS CO Corporation (JKS.N) Earnings Conference Call
Positive
Gross Margin Improvement: Gross margin was 15.7% and the net income was $3.2 million, significantly improved sequentially.
China's Installation Surge: In September, the newly added installation was 20.89 gigawatts in China, up 32.4% year-over-year and 26.9% sequentially, reversing the sequential declining trends of the previous two months.
Quarterly Shipment Overview: Total shipments were 25.9 gigawatts in the third quarter with module shipments accounting for 92%, nearly flat sequentially.
N-type TOPCon Efficiency Improvement: By the end of this quarter, the mass-produced efficiency for our N-type TOPCon cells improved to approximately 26.2%.
Revenue Increase Analysis: Total revenue was about $3.5 billion, up 2% sequentially.
Negative
Gross Margin Decline: Gross margin was 5.7% compared with 11.1% in the second quarter and 19.3% in the third quarter last year.
Revenue Decline Analysis: Total revenue was about $3.5 billion, down 23% year-on-year.
Operating Expenses Increase: Total operating expenses were $539 million, up 20% year-on-year.
Net Income Analysis: Net income attributed to ordinary shareholders was $3.2 million in the third quarter, excluding the impact of a change in fair value of the convertible note.
Debt Increase Analysis: Total debt was $5.23 billion compared to $3.86 billion in the second quarter this year.
JKS FAQs
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JKS Earning Call Sentiment
JinkoSolar Holding Co., Ltd. (JKS) Q3 2024 Earnings Conference Call Transcript
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JKS.N
-1.52%Positive
The earnings call highlights several concerns: financial instability in the industry, regulatory pressures, increased debt levels, and declining gross margins. The Q&A reveals management's uncertainty about future shipments and avoidance of direct answers, further adding to investor unease. Despite a strategic partnership announcement, the weak financial metrics, particularly the significant YoY revenue drop and gross margin decline, outweigh the positives. Given the market cap of $1.09 billion, these factors suggest a negative stock price movement of -2% to -8% over the next two weeks.