JinkoSolar Cautious On 2025 Capacity Expansion After Q4 Loss And Market Headwinds: Details

JinkoSolar Holding Co (NYSE:JKS) stock slipped in Wednesday’s premarket trading after the company posted weaker-than-expected fourth-quarter results.

The solar module manufacturer’s revenue decreased 15.7% year-over-year to $2.83 billion, missing the analyst consensus estimate of $3.59 billion. Adjusted loss per ADS of $1.02 missed the analyst consensus loss estimate of $0.46.

Quarterly shipments totaled 26,462 MW—comprising 25,221 MW of solar modules and 1,241 MW of cells and wafers—representing a 5% decline compared to last year. Module shipments reached 92.9 GW in 2024, up 18.3% from the previous year.

Gross profit dropped to RMB747.4 million ($102.4 million), down ...