No Data
No Data
Why Jinko Solar's (SHSE:688223) Shaky Earnings Are Just The Beginning Of Its Problems
Jefferies Adjusts Jinko Solar's Price Target to 8.28 Yuan From 10.68 Yuan, Keeps at Buy
Here's What's Concerning About Jinko Solar's (SHSE:688223) Returns On Capital
The solar market competition is still fierce, with both longi green energy technology and jinkosolar reporting a turnaround from profitability to loss. | Financial report insights
Facing the challenges of intensified competition and price fluctuations in the global photovoltaic industry, both photovoltaic giants Longi Green Energy and JinkoSolar have reported a loss in profit. According to Longi Green Energy's half-yearly report for 2024, the company's performance has been poor in the first half of the year, with revenue falling by more than 40% year-on-year, and the company's profit turning into a loss compared to the same period last year. JinkoSolar's second-quarter revenue also declined by 22% year-on-year, and similarly turned into a loss compared to the same period last year.
JinkoEnergy 2024 Semi-Annual Report
JinkoSolar 2024 Semi-Annual Report Summary
No Data
100 billion : Same company