- Jinko Solar’s net income for the financial year was 7.44 billion yuan, which unfortunately fell short of the projected estimate of 7.86 billion yuan.
- The company’s revenue surpassed expectations, coming in at 118.68 billion yuan, with the initial estimate being 111.28 billion yuan.
- The overall market sentiment towards the company was largely positive, with 24 buy recommendations, only 1 hold recommendation and 2 sell recommendations.
A look at Jinko Solar Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Jinko Solar’s long-term outlook seems promising. With a high Growth score of 5, the company is positioned for potential expansion and development in the solar energy sector. Additionally, scoring a solid 3 in both Value and Momentum, Jinko Solar demonstrates a balanced mix of perceived worth and market traction.
However, the company’s lower Resilience score of 2 may indicate some vulnerability to economic fluctuations or industry challenges. This suggests that while Jinko Solar shows strong potential for growth, it may need to focus on enhancing its resilience to external factors. Overall, Jinko Solar’s Smart Scores paint a picture of a company with strong growth prospects and market appeal, albeit with some room for improvement in terms of resilience.
### Jinko Solar Co., Ltd. manufactures photovoltaic products. The Company develops, manufactures, and markets crystalline ingots, wafers, mono-crystalline photovoltaic panels, and multi-crystalline photovoltaic panels. Jinko Solar markets its products worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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