JinkoSolar analysis: an undervalued player in the solar energy field

Another solar company is JinkoSolar. Compared to its peers, it is relatively inconspicuous. But it could have so much more potential! Couldn't it? Let's take a look at it together.

JKS is another company focusing on solar energy

Basic overview

JinkoSolar Holding Co., Ltd $JKS is one of the largest solar panel manufacturers in the world, based in China. The company focuses on manufacturing and selling solar panels, solar systems and solar energy solutions in China and abroad. JKS has high annual sales of more than US$5 billion. In recent years, the company has seen an increase in sales and profits due to the growing demand for renewable energy.

As usual in this sector - valuations are quite high

In 2020, the company achieved revenues of USD 5.1 billion and net income of USD 213 million. That's an 18% increase in revenue and a 135% increase in net income from the previous year. In the first quarter of 2021, the company achieved sales of $1.2 billion and net income of $38.2 million, an…