JinkoSolar's Q4 Performance and 2024 Forecast
Wednesday, 20 March 2024, 15:24
Jinko's no good, very bad Q4 earnings
Positive and Negative Points
- JinkoSolar shipped record volumes of solar modules but faced declining prices.
- Profit margins suffered due to pricing pressures, impacting earnings.
Focusing on the bright side, CEO Xiande Li emphasizes potential market growth in 2024, driven by lower module prices and increased demand.
Is Jinko stock a sell?
Long-term prospects for JinkoSolar hinge on margin improvements and market dynamics, offering a mixed outlook for investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.