JinkoSolar's Subsidiary, Jinko Solar Co., Ltd., Announces Certain Preliminary Unaudited Financial Results for Full Year 2025
Summary
JinkoSolar's majority-owned subsidiary, Jinko Solar Co., Ltd., announced preliminary unaudited financial results for full year 2025, reporting a significant net loss attributable to shareholders of RMB6.79 billion (approximately $991.56 million) and a 29.18% year-over-year decrease in revenues to RMB65.49 billion. The loss is primarily due to a decline in the selling prices of photovoltaic products. While a similar loss figure was reported earlier by Reuters, this official announcement provides crucial context, clarifying that these are subsidiary-level results prepared under PRC GAAP and differ from JinkoSolar's consolidated financials. This distinction is vital for investors to accurately assess the parent company's financial health and the full impact of the challenging market conditions on its operations. Investors will now closely monitor the upcoming consolidated financial results for JinkoSolar.
At the time of this announcement, JKS was trading at $26.41 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $13.42 to $31.88. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.