Thread regarding Jinko Solar (JKS)

Would you buy JKS based on this?

  • Annual shipments were 46,580 MW (including 44,520 MW for solar modules, and 2,060 MW for cells and wafers), up 84.5% year over year.
  • Total revenues were RMB83.53 billion (US$12.11 billion), up 104.6% year over year. The year-over-year increases were mainly attributable to an increase in the shipment of solar modules.
  • Gross profit was RMB12.35 billion (US$1.79 billion), up 85.4% year over year.
  • Gross margin of 14.8%, compared with 16.3% in full year of 2021. The decrease was mainly due to an increase in the cost of silicon.
  • Income from operations of RMB461.0 million (US$66.8 million), down 58.2% year over year.
  • Net income attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders was RMB665.2 million (US$96.4 million), down 7.7% year over year.
  • Adjusted net income attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders, which excludes the impact from (i) a change in fair value of the "Notes", (ii)a change in fair value of long-term investment and (iii)the share based compensation expenses, was RMB1.44 billion (US$208.3 million), up 1.7 times year over year.
  • Basic and diluted earnings per ordinary share were RMB3.36 (US$0.49) and RMB3.32 (US$0.48), respectively. This translates into basic and diluted earnings per ADS of RMB13.44 (US$1.95) and RMB13.28 (US$1.93), respectively.
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| 159 views | | 1 reply (January 22)
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