JinkoSolar Short Term Investments vs Net Receivables 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 Short Term Investments and its Net Receivables 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.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between JinkoSolar Holding's Short Term Investments and Net Receivables is 0.38. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables 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 Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of JinkoSolar Holding are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., JinkoSolar Holding's Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of JinkoSolar Holding balance sheet. It contains any investments JinkoSolar Holding undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that JinkoSolar Holding can easily liquidate in the marketplace.

Net Receivables

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

0.720.911.00.990.990.620.960.890.990.990.670.990.970.650.730.970.960.930.991.00.981.00.60.980.73
0.720.630.730.730.690.980.710.350.690.630.030.670.650.840.890.620.860.670.720.730.580.730.950.610.91
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

JinkoSolar Holding Investors Sentiment

The influence of JinkoSolar Holding's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JinkoSolar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to JinkoSolar Holding's public news can be used to forecast risks associated with an investment in JinkoSolar. The trend in average sentiment can be used to explain how an investor holding JinkoSolar can time the market purely based on public headlines and social activities around JinkoSolar Holding. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
JinkoSolar Holding's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for JinkoSolar Holding's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average JinkoSolar Holding's news discussions. The higher the estimated score, the more favorable is the investor's outlook on JinkoSolar Holding.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JinkoSolar Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JinkoSolar Holding's short interest history, or implied volatility extrapolated from JinkoSolar Holding options trading.

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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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.
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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.