JinkoSolar closed at a rise of 1.02%, with a rolling price-to-earnings ratio of 764.69 and a total market capitalization of 69.236 billion yuan.
On March 17, JinkoSolar’s stock price reached 6.92 yuan, marking a 1.02% increase. The rolling price-to-earnings (P/E) ratio, which is the ratio of the current stock price to the total earnings per share over the last four quarters, stood at 764.69, the lowest it has been in the past 13 days. The company’s total market value is 69.236 billion yuan.
In terms of industry P/E ratio rankings, JinkoSolar is positioned within the photovoltaic equipment sector, which has an average P/E ratio of 27.34 and a median of 26.50. JinkoSolar ranks 77th in this sector.
As of the third quarter report for 2024, a total of 51 institutions held shares in JinkoSolar, all of which were funds, with a cumulative holding of 72,893,820 shares, valued at 5.183 billion yuan.
JinkoSolar Co., Ltd. specializes in the research, production, and sales of photovoltaic modules, silicon wafers, and photovoltaic cells, along with the application and industrialization of photovoltaic technology. The company provides efficient and high-quality solar photovoltaic modules and energy storage products to customers worldwide, continuously delivering clean energy. Its main products include photovoltaic modules, photovoltaic cells, and silicon wafers.
The company has received several accolades, including being recognized as a “National Pilot Demonstration Enterprise for Intelligent Photovoltaics,” a “Key Enterprise for Provincial Industrial and Financial Cooperation,” and a “Provincial Gazelle Enterprise.”
According to the latest performance data from the third quarter of 2024, the company reported operating revenue of 71.770 billion yuan, a decrease of 15.66% year-on-year, and a net profit of 1.215 billion yuan, down 80.88% year-on-year, with a gross profit margin of 9.68%.
| Stock Name | P/E (TTM) | P/E (Static) | Price-to-Book Ratio | Market Capitalization (yuan) |
|---|---|---|---|---|
| JinkoSolar | 764.69 | 764.69 | 2.15 | 69.236 billion |
| Industry Average | 27.34 | 25.53 | 2.89 | 177.80 billion |
| Industry Median | 26.50 | 25.08 | 2.26 | 75.19 billion |
| Others | -824.20 | 213.40 | 1.17 | 49.31 billion |
Source: Jrj.com
