JinkoSolar Technology closed down by 1.81% today, with the latest price-to-book ratio at 1.04 and a total market capitalization of 32.369 billion yuan.
As of the third quarter report for 2024, a total of 488 institutions held shares in JinkoSolar, with all of them being funds. The total number of shares held amounted to 58,105.21 million shares, with a market value of 7.989 billion yuan.
JinkoSolar Technology Co., Ltd. specializes in the research, development, production, and sales of solar silicon wafers, cells, and modules, as well as the development, construction, and operation of solar photovoltaic power stations. The company also engages in the research, production, and sale of photovoltaic materials and equipment. Its main products include silicon rods, silicon wafers, solar cells, solar modules, and photovoltaic power stations.
As one of the leading companies in the global photovoltaic industry, JinkoSolar continuously advances automation and intelligence in production. The company ensures product quality through technological innovations and optimized production layouts. The conversion efficiency of its monocrystalline and polycrystalline solar cells, along with the output power of its modules, remains at the forefront within the global photovoltaic manufacturing sector. The quality of its products has garnered widespread recognition in the global market, establishing the company as a benchmark in the industry.
The latest performance report indicates that in the third quarter of 2024, JinkoSolar achieved an operating revenue of 54.348 billion yuan, a year-on-year decrease of 9.39%. The net profit stood at -484,363,610.59 yuan, reflecting a year-on-year decline of 107.16%, with a gross profit margin of 5.40%.
| Stock Name | PE (TTM) | PE (Static) | Price-to-Book Ratio | Market Capitalization (Yuan) |
|---|---|---|---|---|
| JinkoSolar | -154.36 | 4.60 | 1.04 | 32.369 billion |
| TouRui Energy | -722.65 | 187.11 | 1.03 | 4.324 billion |
| GoodWe | -169.03 | -169.03 | 3.69 | 10.674 billion |
| ST Tianlong | -155.61 | -107.47 | 56.48 | 9.22 billion |
| Aerospace Electromechanical | -126.37 | -126.37 | 1.85 | 8.993 billion |
| Gaomei Technology | -97.78 | -97.78 | 1.24 | 4.724 billion |
| Yamaton | -96.74 | 32.06 | 0.86 | 2.677 billion |
| Siwu Technology | -53.23 | 39.65 | 1.43 | 4.108 billion |
| Mingguan New Materials | -35.37 | -35.37 | 0.87 | 2.422 billion |
| Jiawei New Energy | -35.29 | 174.75 | 1.54 | 2.781 billion |
| Tianyang New Materials | -28.98 | -30.91 | 1.69 | 2.912 billion |
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/jinko-solar-shares-fall-1-81-with-market-value-at-32-369-billion-yuan-and-p-b-ratio-of-1-04/
