JinkoSolar posted a sales beat in Q4, but the company's net loss expanded in the period.
Jinko's solar module shipments declined on an annual basis in Q4, and the company's adjusted net loss more than doubled.
JinkoSolar's (NYSE: JKS) American Depositary Receipts are getting hit with big sell-offs in Thursday's trading. The Chinese solar-technologies company's share price was down 11.3% as of 12 p.m. ET.
Before the market opened today, JinkoSolar published results for last year's fourth quarter. The company reported sales that beat expectations, but the business recorded another substantial loss in the period.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
JinkoSolar recorded a non-GAAP (adjusted) loss of 837.7 million Chinese renminbi (roughly $119.8 million) in the fourth quarter on sales of 17.51 billion renminbi -- or $2.5 billion after currency conversions. Revenue for the period came in roughly $140 million higher than the average analyst estimate. On the other hand, revenue was still down roughly 15% year over year even with performance coming in ahead of the consensus estimate.
JinkoSolar's solar module shipments increased 20.9% on a sequential quarterly basis in last year's fourth quarter, but shipments were still down 4% on an annual basis. With the company reporting that its adjusted net loss in the period expanded substantially over the loss of 373.1 million renminbi recorded in the prior-year quarter, the near-term performance outlook may have become significantly weaker. While performance in the solar space can be somewhat lumpy, the business's year-over-year sales decline and weakening margins look concerning.
Before you buy stock in JinkoSolar, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and JinkoSolar wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $580,872!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,219,180!*
Now, it’s worth noting Stock Advisor’s total average return is 1,017% — a market-crushing outperformance compared to 197% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of April 16, 2026.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.