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 -2.55% 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 Milestone: 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.
Net Income Decline: Net income fell drastically by 98% year-over-year to $7.9 million, highlighting severe financial pressure.
Gross Margin Decline: In the fourth quarter, gross margin plummeted to 3.6% from 15.7% in the previous quarter, reflecting ongoing pricing pressures.
Quarterly Net Loss: The company reported a net loss of $64.9 million in the fourth quarter, a stark contrast to the net income of $3.2 million in the third quarter.
Revenue Decline Analysis: Total revenue decreased by 37% year-over-year to $2.83 billion, indicating a significant drop in sales performance.
Operating Loss Margin Shift: Operating loss margin was reported at 9.8% in the fourth quarter, compared to a slight profit margin of 0.3% in the third quarter.
Revenue Decline Analysis: Total revenues for the full year 2024 were down 22% year-over-year, further emphasizing the decline in financial performance.
Decline in Gross Profit: The average selling price of solar modules decreased, contributing to the overall decline in gross profit, which fell by 47% year-over-year.
Operating Expenses Increase: Operating expenses increased by 4% year-over-year, primarily due to write-offs related to a fire accident, indicating operational challenges.
Financial Losses and Industry Adjustment: The company is facing significant financial losses, suggesting that the industry may be entering a deep adjustment period, which could impact future performance.
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
0.32%Positive
The earnings call reveals a significant decline in financial performance, with a 37% drop in Q4 revenue and a net loss. Margins are expected to decline further in Q1, and there's uncertainty around U.S. shipments due to tariffs. The Q&A session highlighted management's unclear responses regarding future expectations, especially in the U.S. market. Despite plans for shareholder returns, the market may react negatively to the weak financials and guidance, particularly given the small-cap nature of the company.
