Information
SHANGRAO, China, Jan. 21, 2026 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world,
Original sourceAI Summary
JinkoSolar announced preliminary 2025 losses estimated between RMB5.9B to RMB6.9B for its subsidiary, Jiangxi Jinko. Investors should be cautious, given the substantial losses and differentiation in accounting standards, which may affect the company's consolidated financial performance and outlook.
Sentiment Rationale
Historical performances show substantial stock price drops following similar announcements of net losses by publicly traded solar companies, as seen with First Solar in earlier years. Significant preliminary losses and investor caution likely to trigger sell-offs.
Trading Thesis
Sell JKS shares due to anticipated negative market reaction following loss announcement within the next few weeks.
Market-Moving
- Significant losses may lead analysts to downgrade JKS, affecting stock price.
- Concerns over accounting differences could increase market skepticism around JKS's financial health.
- Investors may seek safer investments, reducing demand for JKS shares.
- Market volatility may increase as investors digest loss figures and future outlook.
Key Facts
- JinkoSolar reports significant preliminary losses for 2025.
- Net loss for Jiangxi Jinko estimated between RMB5.9B to RMB6.9B.
- Investors advised to approach financial results with caution and analyze consolidated figures.
- JinkoSolar holds 55.59% equity interest in Jiangxi Jinko.
- Consolidation accounting differences exist between subsidiary and consolidated results.
Companies Mentioned
- Trina Solar Limited (TSL): Similar market pressures may affect Trina's share price due to industry trends.
- First Solar, Inc. (FSLR): Could see heightened investor interest as a safer alternative amidst Jinko's losses.
Corporate Developments
This report falls under 'Corporate Developments' as it outlines significant financial results impacting JinkoSolar's market position. The losses can evoke a negative response from investors, leading to potential instability in stock performance.
SHANGRAO, China, Jan. 21, 2026 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), published estimates for certain preliminary unaudited financial results for the full year ended December 31, 2025.
For the year ended December 31, 2025, (i) preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko is estimated to be in the range of RMB5,900 million to RMB6,900 million, and (ii) preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko excluding extraordinary gains and losses is estimated to be in the range of RMB6,700 million to RMB7,800 million.
The preliminary unaudited financial results for Jiangxi Jinko for full year 2025 included in this press release (the "Jiangxi Jinko Preliminary Unaudited Financial Results") differ from JinkoSolar's consolidated financial results (the "Consolidated Financials"), due to (i) the consolidation scope of the Jiangxi Jinko Preliminary Unaudited Financial Results differing from that of the Consolidated Financials as the former are prepared solely for Jiangxi Jinko, whereas the Consolidated Financials also include financial statements from JinkoSolar and its other subsidiaries, and (ii) differences in accounting standards and principles used to prepare the Jiangxi Jinko Preliminary Unaudited Financial Results and the Consolidated Financials. Specifically, the Jiangxi Jinko Preliminary Unaudited Financial Results are prepared in accordance with PRC GAAP, whereas the Consolidated Financials are prepared in accordance with accounting principles generally accepted in the United States. As such, investors in JinkoSolar should exercise caution when reviewing the Jiangxi Jinko Preliminary Unaudited Financial Results included in this press release and are advised not to base their investment decisions solely on such preliminary unaudited financial results.
JinkoSolar currently owns approximately 55.59% equity interest in Jiangxi Jinko.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE:JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.
JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2025.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Christian Arnell
Christensen
Tel: +852 2117 0861
Email: christian.arnell@christensencomms.com
In the U.S.:
Email: jinko@christensencomms.com
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SOURCE JinkoSolar Holding Co., Ltd.