- Jinko Solar’s preliminary net income for the fiscal year was significantly lower than analysts’ expectations.
- The preliminary net income ranged from 80 million yuan to 120 million yuan.
- The market had estimated a much higher net income of 1.48 billion yuan.
- This represents a dramatic decrease of approximately 98% to 99% from the expected income.
- Despite the earnings miss, there are 22 buy recommendations for Jinko Solar shares.
- Currently, there are no hold recommendations for the stock.
- There are 3 sell recommendations for Jinko Solar shares.
A look at Jinko Solar Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts at Smartkarma have given Jinko Solar a positive long-term outlook based on their Smart Scores. With high scores in Dividend and Growth aspects, Jinko Solar is positioned well for the future. The company’s strong focus on dividends and potential for growth are key factors contributing to its favorable rating.
However, Jinko Solar scored lower in Resilience and Momentum, indicating some potential areas of improvement. While the company may face challenges in these areas, its solid performance in Dividend and Growth bodes well for its overall outlook in the long run.
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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