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 +1.64% change in stock price 10 days leading up to the earnings, and a -2.58% change 10 days following the report. On the earnings day itself, the stock moves by +0.76%. 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
20.65B
-37.10%
-15.74%
Gross Margin
3.62%
-70.95%
-76.99%
Operating Margin
-8.06%
-744.80%
-760.66%
Net Margin
-4.01%
-509.18%
-20150.00%
EPS
-2.31
-2025.00%
-2200.00%
No Data Available
JKS Earnings Analysis
JinkoSolar Holding Co Ltd Corporation (JKS.N) Earnings Conference Call
Positive
Module Shipment Growth: Annual module shipments increased by 18.3% year-over-year to about 93 gigawatts, ranking first in the industry.
Quarterly Shipment Overview: Total shipments were approximately 26.5 gigawatts in the fourth quarter, with module shipment accounting for 95%.
Cumulative Module Shipment Milestone: We were the first PV enterprise to reach the milestone of cumulative module shipment over 300 gigawatts, covering nearly 200 countries and regions.
Global Solar Module Leader: Ranked number one in the Global Solar Module Manufacturing Ranking 2025 report published by Wood Mackenzie.
Bankability Rating Achievement: Received a 100% bankability rating in the 2024 PV Module Bankability Survey by Bloomberg, recognizing our stable financial conditions and high efficiency.
N-Type Cell Efficiency: Our average mass-produced N-type cell efficiency reached nearly 26.5% by the end of the fourth quarter, with the highest-performing production lines exceeding 26.7%.
Sustainability Recognition in Solar: We were included in the S&P Global 2025 Sustainability Yearbook as the only solar module company, scoring 69 points in the Corporate Sustainability Assessments, ranking first among the top five PV module companies.
Cash Reserves Improvement: Our cash and cash equivalents increased to $3.8 billion, a significant improvement from previous quarters, enhancing our resilience to risks.
Negative
Gross Margin Decline: Gross margin dropped significantly from 16% in 2023 to 10.9% in 2024, indicating a decline in profitability.
Dramatic Net Income Decline: Net income fell by 98% year-over-year, from $7.9 million to a net loss of $64.9 million in Q4 2024, highlighting severe financial challenges.
Module Shipments and Pricing: Module shipments in Q4 2024 were 25.2 gigawatts, but the average selling price (ASP) and profits decreased due to over 50% of modules being shipped to lower-priced domestic markets.
Worsening Operational Efficiency: Operating loss margin was 9.8% in Q4 2024, compared to an operating profit margin of 0.3% in Q3 2024, indicating worsening operational efficiency.
Revenue Decline Analysis: Total revenue decreased by 37% year-over-year to $2.83 billion, reflecting a significant downturn in sales performance.
Operating Expenses Impact: Total operating expenses were about $380 million, which, despite being down sequentially, still represented a burden on the overall financial health of the company.
Debt Increase Analysis: The company faced a significant increase in total debt, rising to $5.56 billion compared to $4.38 billion at the end of Q4 2023, indicating growing financial liabilities.
Decline in Gross Profit: The average selling price of solar modules decreased, contributing to the overall decline in gross profit, which was down 47% year-over-year.
JKS FAQs
How does JKS typically perform around its earnings report dates?
Is JinkoSolar Holding Co Ltd (JKS) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
JKS Earning Call Sentiment
JinkoSolar Holding Co., Ltd. (JKS) Q4 2024 Earnings Call Transcript
JKS.N
-0.7%Positive
The earnings call reveals significant financial challenges: a 37% revenue drop, a drastic decline in net income, and increased debt levels. The gross margin and operating profit margin have sharply decreased, raising concerns about profitability. Although there are some operational efficiencies, the lack of clear guidance on U.S. shipments and management's vague responses in the Q&A add uncertainty. The absence of a current buyback plan, despite future intentions, further weighs negatively. Given the small-cap nature of the stock, these factors suggest a negative stock price reaction in the short term.
