JinkoSolar Posts Deep 2025 Losses Despite Record Shipments and Technology Gains
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JinkoSolar ( (JKS) ) has issued an update.
On April 16, 2026, JinkoSolar reported unaudited results for the fourth quarter and full year ended December 31, 2025, highlighting 86 GW of module shipments in 2025, the highest in the industry and its seventh time leading global rankings. The company became the first module maker to exceed 390 GW in cumulative deliveries, with its Tiger Neo series surpassing 220 GW, while it advanced N‑type TOPCon and perovskite tandem cell efficiencies and secured more than 700 TOPCon patents, reinforcing its technology leadership.
Despite these operational milestones, JinkoSolar’s financial performance deteriorated sharply in 2025 amid volatile global photovoltaic markets, structural imbalances, and persistently low module prices. Quarterly gross margin slumped to 0.3% in the fourth quarter and full‑year gross margin fell to 2.2%, driving a net loss attributable to shareholders of RMB4.45 billion for 2025 and deeper losses in the final quarter, even as its energy storage business grew strongly and the company positioned itself for more stable pricing and higher-margin, integrated solar-plus-storage solutions as policy support and market dynamics evolve.
The most recent analyst rating on (JKS) stock is a Buy with a $28.50 price target. To see the full list of analyst forecasts on JinkoSolar stock, see the JKS Stock Forecast page.
Spark’s Take on JKS Stock
According to Spark, TipRanks’ AI Analyst, JKS is a Neutral.
JinkoSolar’s overall stock score reflects a cautious outlook. The most significant factor is the financial performance, which shows declining profitability and high leverage. Technical analysis provides a slightly positive outlook, while the valuation is concerning due to a negative P/E ratio. The earnings call offers some optimism with strategic shifts and operational achievements, but challenges remain.
To see Spark’s full report on JKS stock, click here.
More about JinkoSolar
JinkoSolar Holding Co., Ltd. is a China-based global leader in clean energy technology, specializing in the manufacture and sale of high-efficiency solar modules and related photovoltaic solutions. The company is also expanding rapidly in energy storage systems and integrated solar-plus-storage offerings, with a growing footprint in overseas and U.S. markets.
Average Trading Volume: 586,601
Technical Sentiment Signal: Sell
Current Market Cap: $1.22B
Find detailed analytics on JKS stock on TipRanks’ Stock Analysis page.
