Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
601778.SS
SELLREMOVEJinko Power Technology Co., Ltd. · Utilities · China · $3.3B · Avg Vol: $253M/d
Jinko Power is a solar power producer facing high debt levels and low return on capital. It operates in a highly regulated utility framework that limits its ability to capture asymmetric upside from global energy shifts.
COMPANY DESCRIPTION
Jinko Power Technology Co., Ltd. is a leading independent clean energy producer specializing in the development, construction, and operation of photovoltaic (PV) power plants. The company manages a vast portfolio of utility-scale and distributed solar projects across China, supported by strong EPC (engineering, procurement, and construction) capabilities. It benefits from favorable national decarbonization policies and long-term grid-connection agreements that ensure stable utility revenues.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 472M | 646M | 706M | 576M | 6.9% |
| EPS | 0.01 | 0.02 | 0.01 | 0.01 | 4.0% |
| Shares | 2.9B | 3.6B | 3.6B | 3.6B | +23.4% |
| Debt | 1.9B | 2.2B | 2.5B | 2.7B | 11.4% |
| Equity | 1.8B | 2.3B | 2.3B | 2.4B | 9.1% |
| Op CF | 265M | -88M | 154M | 572M | 29.3% |
| Inv CF | -358M | -377M | -176M | -260M | — |
| Fin CF | 128M | 424M | 152M | -208M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 601778.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 601778.SS | Jinko Power Technology Co., Ltd.(you) | $3.3B | 28 | SELL |
| 600131.SS | State Grid Information & Communication Co., Ltd. | $3.1B | 34 | SELL |
| 000537.SZ | Green Development Electricity Group of Tianjin Co., Ltd. | $3.3B | 18 | STRONG SELL |
| 600821.SS | NYOCOR Co., Ltd. | $2.4B | 33 | SELL |
| 600032.SS | Zhejiang Provincial New Energy Investment Group Co., Ltd. | $3.8B | 16 | STRONG SELL |
| 2655.HK | Guoxia Technology Co., Ltd. | $1.4B | 29 | SELL |
| 000539.SZ | Guangdong Electric Power Development Co., Ltd. | $6.9B | 24 | SELL |
| 601619.SS | Jiaze Renewables Corporation Limited | $2.4B | 41 | HOLD |
| 000591.SZ | CECEP Solar Energy Co.,Ltd. | $3.5B | 48 | HOLD |
| 600116.SS | Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. | $2.0B | 39 | HOLD |
Peer medians: ROE 7.7% · P/E 22.3x · Gross margin 24.8%