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JinkoSolar Shares Rise 5.28% to $22.95, Market Cap Reaches $1.22 Billion

JinkoSolar

JinkoSolar saw an increase of 5.28%, reaching $22.95 per share, with a total market capitalization of $1.22 billion.

As of March 17, at 21:35, JinkoSolar (JKS) had risen 5.28%, with trading volume amounting to $820,200. Financial data indicates that by September 30, 2024, JinkoSolar’s total revenue was 71.606 billion RMB, reflecting a 16.59% decline year-on-year. The net profit attributable to the parent company was 531 million RMB, which represents an 84.46% decrease compared to the previous year.

A significant event to note: JinkoSolar is scheduled to release its 2024 fiscal year annual report before the market opens on March 26 (Eastern Time). The actual disclosure date will be confirmed by the company’s announcement.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) provides solar products, solutions, and technical services to ground power stations, commercial, and residential customers in various regions, including China, the USA, Japan, Germany, the UK, Chile, South Africa, India, Mexico, Brazil, the UAE, Italy, Spain, France, Belgium, and others.

JinkoSolar boasts a vertically integrated production capacity. As of June 30, 2018, its silicon ingot and wafer capacity was approximately 9 GW, while its cell capacity was around 5 GW, and module capacity reached about 9 GW.

Source: JinkoSolar