As of December 31, 2024, JinkoSolar had an integrated annual capacity of 120 gigawatts (GW) for mono wafers; 95 GW for solar cells; and 130 GW for solar modules. JinkoSolar is a member of the Silicon Module Super League alongside Canadian Solar, Hanwha Q CELLS, JA Solar, and Trina Solar. The company operates globally with manufacturing facilities in multiple countries and a distributed international customer base.
Cyborg Score Rationale
JinkoSolar achieved revenues of approximately $10 billion (TTM) but reported significant losses with -7.53% net margin and negative earnings of -9.27 per share (TTM). The company faces challenging industry conditions with compressed margins amid global solar module price declines, yet maintains leading global manufacturing capacity and supply chain resilience.
Top Insights
Vertically integrated from silicon wafers through solar modules with industry-leading production capacity
Major revenue scale (~$10B) but currently unprofitable due to industry margin compression
Supply chain compliance issues resolved; benefit from enforcement against smaller competitors
Recent technology milestones in high-efficiency TOPCon and perovskite-silicon tandem cells
Named Competitors
Solar Modules — Vertically integrated solar manufacturer
Solar Modules — High-efficiency module manufacturer
Solar Modules — Global solar technology manufacturer
Solar Modules — Integrated PV manufacturer
Recent Developments
(Feb 2026) Subsidiary Jiangxi Jinko reports heavy 2025 losses on PV price declines
(Feb 2026) Nextpower enters multi-year supply agreement with JinkoSolar
(Nov 2025) Tiger Neo III module commences mass production with 15GW pre-orders
(Nov 2025) Achieves 27.79% efficiency for TOPCon solar cells (world record)
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