Solar Module Company JinkoSolar's Q2 Earnings: 22% Revenue Drop, Margins Hit By Lower Average Selling Price
Solar Module Company JinkoSolar's Q2 Earnings: 22% Revenue Drop, Margins Hit By Lower Average Selling Price
Gross JinkoSolar Holding Co (NYSE:JKS) stock tanked Friday premarket after the company reported second-quarter results.
晶科能源控股有限公司 (紐交所：JKS) 的股票在週五盤前大跌，因該公司發佈了二季度業績報告。
The solar module manufacturer's revenue decreased 21.6% year-over-year to $3.31 billion, missing the analyst consensus estimate of $3.91 billion. Adjusted earnings per ADS of $0.99 beat the analyst consensus estimate of $0.17.
這家太陽能模組製造商的營業收入同比下降21.6%至331億美元，低於分析師的共識預估391億美元。每股調整後的淨收益爲0.99美元，超過分析師的共識預估0.17美元。
Quarterly shipments increased 36.0% Y/Y to 25,318 MW (23,822 MW for solar modules and 1,496 MW for cells and wafers). The module shipments grew by 34.1% Y/Y.
季度出貨量同比增長36.0%至25,318 MW （太陽能模組23,822 MW，電池片和晶圓1,496 MW）。太陽能模組出貨量同比增長34.1%。
Gross margin for the quarter stood at 11.1%, compared to 15.6% a year ago, reflecting decreases in the average selling price of solar modules.
本季度的毛利率爲11.1%，相比一年前的15.6%有所下降，這反映了太陽能模組的平均售價下降。
Loss from operations was 1.14 billion Chinese Yuan or $156.6 million, compared to 1.54 billion Chinese Yuan income from operations a year ago.
運營虧損爲11.4億元人民幣，相比一年前的運營收入1540萬元人民幣有所下降。
JinkoSolar's adjusted net income was 378.5 million Chinese Yuan ($52.1 million), compared to 1.43 billion Chinese Yuan a year ago.
晶科能源的調整後淨利潤爲3.785億元人民幣（5210萬元美元），相比一年前的1.43億元人民幣有所增長。
As of June 30, 2024, JinkoSolar held $1.91 billion in cash, equivalents, and inventories were $2.68 billion.
截至2024年6月30日，晶科能源持有19.1億美元的現金，等值物和存貨總計26.8億美元。
Chair and CEO Xiande Li: "Prices in several segments of the industry chain declined slightly on a sequential basis, leading us to adjust our production scheduling strategy and utilization rates for different processes."
董事長兼首席執行官李憲德："產業鏈的多個環節價格略有下降，這導致我們調整了生產計劃策略和不同工序的利用率。"
Outlook: JinkoSolar expects its third-quarter module shipments to be around 23.0 GW-25.0 GW.
展望：晶科能源預計第三季度模塊出貨量將在23.0 GW-25.0 GW左右。
The company reiterated fiscal 2024 module shipments of 100.0 GW-110.0 GW. JinkoSolar expects its annual production capacity for mono wafers, solar cells, and solar modules to reach 120.0 GW, 110.0 GW (prior 95.0 GW), and 130.0 GW by the end of 2024.
公司重申2024財年模塊出貨量爲100.0 GW-110.0 GW。晶科能源預計到2024年底，其單晶硅片、太陽能電池和太陽能模塊的年產能將達到120.0 GW、110.0 GW（之前爲95.0 GW）和130.0 GW。
JinkoSolar Holding stock plunged 46% in the last 12 months.
晶科能源控股股票在過去的12個月中暴跌了46%。
Price Action: JKS stock traded lower by 5.19% at $17.16 premarket at the last check Friday.
股價走勢：上週五最後查詢時，JKS股票在盤前交易中下跌了5.19%，至17.16美元。
