JinkoSolar Common Stock vs Treasury Stock Analysis

JKS Stock  USD 24.12  0.63  2.55%   
JinkoSolar Holding financial indicator trend analysis is infinitely more than just investigating JinkoSolar Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JinkoSolar Holding is a good investment. Please check the relationship between JinkoSolar Holding Common Stock and its Treasury Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.

Common Stock vs Treasury Stock

Common Stock vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Common Stock account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between JinkoSolar Holding's Common Stock and Treasury Stock is -0.84. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of JinkoSolar Holding, assuming nothing else is changed. The correlation between historical values of JinkoSolar Holding's Common Stock and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of JinkoSolar Holding are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Common Stock i.e., JinkoSolar Holding's Common Stock and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock

Treasury Stock

Most indicators from JinkoSolar Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JinkoSolar Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.At this time, JinkoSolar Holding's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.3 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 3.10 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.7B12.3B19.0B20.0B
Total Revenue40.8B83.1B118.7B124.6B

JinkoSolar Holding fundamental ratios Correlations

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0.910.630.920.910.910.550.880.820.880.90.680.870.920.580.660.860.890.810.910.910.90.910.530.90.66
1.00.730.920.990.990.640.960.880.990.980.660.980.970.670.740.960.970.930.991.00.971.00.620.980.75
0.990.730.910.990.970.640.980.870.980.960.660.980.960.70.760.940.960.920.980.990.950.990.630.960.78
0.990.690.910.990.970.590.940.90.981.00.670.980.970.620.680.980.950.890.980.990.990.980.560.990.68
0.620.980.550.640.640.590.610.210.590.53-0.110.560.550.760.810.510.80.570.630.630.460.640.980.50.84
0.960.710.880.960.980.940.610.840.960.930.650.960.920.70.760.90.940.90.930.960.920.960.630.930.78
0.890.350.820.880.870.90.210.840.90.930.920.910.90.40.470.920.750.840.870.890.960.880.180.950.45
0.990.690.880.990.980.980.590.960.90.980.681.00.940.660.730.970.940.930.970.990.970.990.570.970.73
0.990.630.90.980.961.00.530.930.930.980.730.980.970.590.650.990.930.890.980.991.00.980.490.990.64
0.670.030.680.660.660.67-0.110.650.920.680.730.690.70.180.240.720.470.660.650.660.780.66-0.130.760.2
0.990.670.870.980.980.980.560.960.911.00.980.690.940.650.720.980.930.930.960.990.970.980.540.980.72
0.970.650.920.970.960.970.550.920.90.940.970.70.940.560.640.940.930.860.980.970.960.970.530.960.65
0.650.840.580.670.70.620.760.70.40.660.590.180.650.560.940.560.720.640.650.660.560.660.770.60.96
0.730.890.660.740.760.680.810.760.470.730.650.240.720.640.940.650.80.720.720.740.630.740.80.660.97
0.970.620.860.960.940.980.510.90.920.970.990.720.980.940.560.650.90.870.960.970.990.960.460.980.62
0.960.860.890.970.960.950.80.940.750.940.930.470.930.930.720.80.90.880.950.970.890.970.780.910.81
0.930.670.810.930.920.890.570.90.840.930.890.660.930.860.640.720.870.880.890.930.880.940.540.890.73
0.990.720.910.990.980.980.630.930.870.970.980.650.960.980.650.720.960.950.890.990.970.990.60.970.73
1.00.730.911.00.990.990.630.960.890.990.990.660.990.970.660.740.970.970.930.990.971.00.60.980.74
0.980.580.90.970.950.990.460.920.960.971.00.780.970.960.560.630.990.890.880.970.970.960.421.00.61
1.00.730.911.00.990.980.640.960.880.990.980.660.980.970.660.740.960.970.940.991.00.960.620.970.75
0.60.950.530.620.630.560.980.630.180.570.49-0.130.540.530.770.80.460.780.540.60.60.420.620.460.86
0.980.610.90.980.960.990.50.930.950.970.990.760.980.960.60.660.980.910.890.970.981.00.970.460.65
0.730.910.660.750.780.680.840.780.450.730.640.20.720.650.960.970.620.810.730.730.740.610.750.860.65
Click cells to compare fundamentals

JinkoSolar Holding Account Relationship Matchups

JinkoSolar Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.8B53.2B73.0B108.7B135.8B142.6B
Short Long Term Debt Total20.0B27.6B37.3B47.8B30.9B15.6B
Other Current Liab9.5B2.5B12.8B21.3B25.5B26.8B
Total Current Liabilities31.3B31.2B45.5B64.9B79.6B83.5B
Total Stockholder Equity9.3B10.0B11.0B16.3B20.2B21.2B
Property Plant And Equipment Net11.8B13.6B21.0B33.2B42.0B44.1B
Net Debt14.4B20.1B29.0B37.5B15.4B11.6B
Retained Earnings4.7B4.9B5.6B6.2B9.1B9.6B
Accounts Payable5.0B4.5B6.8B10.4B41.2B43.2B
Cash5.7B7.5B8.3B10.2B15.6B16.4B
Non Current Assets Total12.7B14.6B22.8B36.5B52.8B55.5B
Non Currrent Assets Other(271.3M)(255.1M)(371.8M)(704.2M)6.2B6.5B
Cash And Short Term Investments5.7B8.1B8.5B10.3B16.6B17.4B
Net Receivables7.3B6.0B9.2B23.8B27.0B28.4B
Common Stock Total Equity18.6K21.7K24.8K26K29.9K18.6K
Common Stock Shares Outstanding42.3M44.7M51.4M50.1M56.5M35.7M
Liabilities And Stockholders Equity47.8B53.2B73.0B108.7B135.8B142.6B
Non Current Liabilities Total2.3B7.3B11.0B14.1B22.7B23.9B
Inventory8.3B9.4B14.8B20.8B18.2B19.1B
Other Current Assets10.4B10.2B13.1B13.4B21.2B22.2B
Other Stockholder Equity3.9B4.5B4.9B9.9B10.7B11.2B
Total Liab35.4B40.2B58.7B81.7B102.3B107.4B
Property Plant And Equipment Gross12.6B14.2B21.0B33.2B56.1B58.9B
Total Current Assets31.7B33.7B45.5B68.3B83.0B87.2B
Accumulated Other Comprehensive Income752.7M563.4M545.9M217.7M359.6M321.8M
Short Term Debt16.8B19.7B25.7B32.5B12.9B11.0B
Intangible Assets634.3M796.8M1.1B1.5B2.4B2.5B
Common Stock24.8K26.1K26K28K29K19.9K
Current Deferred Revenue749K4.6B200M814.5M733.1M696.4M
Other Assets3.5B5.0B4.6B3.9B4.4B4.7B
Long Term Debt2.3B7.3B11.6B15.5B16.0B16.8B
Short Term Investments1.2B570M150M104.5M1.0B1.1B
Property Plant Equipment11.8B13.6B21.0B33.2B38.2B40.1B
Other Liab949.0M1.1B1.6B2.2B2.5B2.6B
Net Tangible Assets8.7B9.2B9.9B14.9B17.1B18.0B
Long Term Investments278.0M194.3M633.9M1.7B2.2B2.3B
Short Long Term Debt16.6B19.4B25.4B32.2B40.1B42.1B
Long Term Debt Total2.9B7.6B11.8B15.6B17.9B18.8B
Capital Surpluse4.6B5.3B5.6B9.9B11.4B12.0B

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When determining whether JinkoSolar Holding is a strong investment it is important to analyze JinkoSolar Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JinkoSolar Holding's future performance. For an informed investment choice regarding JinkoSolar Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Is JinkoSolar Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JinkoSolar Holding. If investors know JinkoSolar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JinkoSolar Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Dividend Share
10.636
Earnings Share
10.03
Revenue Per Share
2.3 K
Quarterly Revenue Growth
0.094
The market value of JinkoSolar Holding is measured differently than its book value, which is the value of JinkoSolar that is recorded on the company's balance sheet. Investors also form their own opinion of JinkoSolar Holding's value that differs from its market value or its book value, called intrinsic value, which is JinkoSolar Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JinkoSolar Holding's market value can be influenced by many factors that don't directly affect JinkoSolar Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JinkoSolar Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if JinkoSolar Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JinkoSolar Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.