JINKOSOLAR HOLDING CO-ADR (JKS) Stock Fundamental Analysis
USA - NYSE:JKS - US47759T1007 - ADR
24.1 USD
-1.29 (-5.08%)
24.2 USD
+0.1 (+0.41%)
Taking everything into account, JKS scores 3 out of 10 in our fundamental rating. JKS was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. JKS may be in some trouble as it scores bad on both profitability and health. JKS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
JKS had positive earnings in the past year.
In the past 5 years JKS has always been profitable.
Of the past 5 years JKS 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of JKS (-1.53%) is comparable to the rest of the industry.
JKS's Return On Equity of -10.18% is on the low side compared to the rest of the industry. JKS is outperformed by 66.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.53% | ||
| ROE | -10.18% | ||
| ROIC | N/A |
ROA(3y)1.06%
ROA(5y)0.92%
ROE(3y)7.15%
ROE(5y)6.05%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of JKS has declined.
JKS has a Gross Margin of 8.39%. This is amonst the worse of the industry: JKS underperforms 89.29% of its industry peers.
JKS's Gross Margin has declined in the last couple of years.
JKS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.39% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-67.68%
PM growth 5Y-54.4%
GM growth 3Y-12.56%
GM growth 5Y-9.8%
2. Health
2.1 Basic Checks
JKS does not have a ROIC to compare to the WACC, probably because it is not profitable.
JKS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, JKS has more shares outstanding
Compared to 1 year ago, JKS has a worse debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 1.80 is on the high side and indicates that JKS has dependencies on debt financing.
JKS has a worse Debt to Equity ratio (1.80) than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC2.39%
2.3 Liquidity
JKS has a Current Ratio of 1.33. This is a normal value and indicates that JKS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.33, JKS is doing worse than 86.61% of the companies in the same industry.
JKS has a Quick Ratio of 1.07. This is a normal value and indicates that JKS is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.07, JKS is not doing good in the industry: 86.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The earnings per share for JKS have decreased strongly by -99.77% in the last year.
The Earnings Per Share has been decreasing by -2.87% on average over the past years.
JKS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -29.85%.
Measured over the past years, JKS shows a very strong growth in Revenue. The Revenue has been growing by 25.40% on average per year.
EPS 1Y (TTM)-99.77%
EPS 3Y13.84%
EPS 5Y-2.87%
EPS Q2Q%-464.91%
Revenue 1Y (TTM)-29.85%
Revenue growth 3Y31.23%
Revenue growth 5Y25.4%
Sales Q2Q%-40.23%
3.2 Future
JKS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.24% yearly.
The Revenue is expected to grow by 5.54% on average over the next years.
EPS Next Y-339.75%
EPS Next 2Y-27.67%
EPS Next 3Y41.24%
EPS Next 5YN/A
Revenue Next Year-24.38%
Revenue Next 2Y-0.39%
Revenue Next 3Y5.54%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
JKS is valuated quite expensively with a Price/Earnings ratio of 1205.00.
Compared to the rest of the industry, the Price/Earnings ratio of JKS indicates a slightly more expensive valuation: JKS is more expensive than 61.61% of the companies listed in the same industry.
JKS's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.32.
Based on the Price/Forward Earnings ratio of 17.25, the valuation of JKS can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JKS indicates a rather cheap valuation: JKS is cheaper than 83.93% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.89, JKS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1205 | ||
| Fwd PE | 17.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JKS is valued a bit cheaper than 76.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.79 |
4.3 Compensation for Growth
A more expensive valuation may be justified as JKS's earnings are expected to grow with 41.24% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.67%
EPS Next 3Y41.24%
5. Dividend
5.1 Amount
JKS has a Yearly Dividend Yield of 10.82%, which is a nice return.
Compared to an average industry Dividend Yield of 2.23, JKS pays a better dividend. On top of this JKS pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, JKS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.82% |
5.2 History
JKS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y-27.67%
EPS Next 3Y41.24%
24.1
-1.29 (-5.08%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners30.64%
Inst Owner Change-0.61%
Ins Owners4.9%
Ins Owner ChangeN/A
Market Cap1.24B
Analysts50.77
Price Target24.79 (2.86%)
Short Float %35.38%
Short Ratio4.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.82% |
Yearly Dividend1.48
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)146.1%
Min EPS beat(2)-49.23%
Max EPS beat(2)341.42%
EPS beat(4)3
Avg EPS beat(4)228.1%
Min EPS beat(4)-49.23%
Max EPS beat(4)488.11%
EPS beat(8)6
Avg EPS beat(8)159.23%
EPS beat(12)8
Avg EPS beat(12)116.31%
EPS beat(16)10
Avg EPS beat(16)129.53%
Revenue beat(2)0
Avg Revenue beat(2)-86.88%
Min Revenue beat(2)-87.83%
Max Revenue beat(2)-85.94%
Revenue beat(4)0
Avg Revenue beat(4)-86.71%
Min Revenue beat(4)-88.24%
Max Revenue beat(4)-84.83%
Revenue beat(8)0
Avg Revenue beat(8)-86.12%
Revenue beat(12)3
Avg Revenue beat(12)-54.49%
Revenue beat(16)4
Avg Revenue beat(16)-42.2%
PT rev (1m)0%
PT rev (3m)1.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.48%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1205 | ||
| Fwd PE | 17.25 | ||
| P/S | 0.11 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.48 | ||
| P/tB | 0.55 | ||
| EV/EBITDA | 16.79 |
EPS(TTM)0.02
EY0.08%
EPS(NY)1.4
Fwd EY5.8%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS225.71
BVpS50.01
TBVpS43.79
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.53% | ||
| ROE | -10.18% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.39% | ||
| FCFM | N/A |
ROA(3y)1.06%
ROA(5y)0.92%
ROE(3y)7.15%
ROE(5y)6.05%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-67.68%
PM growth 5Y-54.4%
GM growth 3Y-12.56%
GM growth 5Y-9.8%
F-ScoreN/A
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.8 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC2.39%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-99.77%
EPS 3Y13.84%
EPS 5Y-2.87%
EPS Q2Q%-464.91%
EPS Next Y-339.75%
EPS Next 2Y-27.67%
EPS Next 3Y41.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-29.85%
Revenue growth 3Y31.23%
Revenue growth 5Y25.4%
Sales Q2Q%-40.23%
Revenue Next Year-24.38%
Revenue Next 2Y-0.39%
Revenue Next 3Y5.54%
Revenue Next 5YN/A
EBIT growth 1Y-189.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year204.26%
EBIT Next 3Y124.49%
EBIT Next 5YN/A
FCF growth 1Y-45.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y21.87%
OCF growth 3Y239.49%
OCF growth 5Y64.22%