explo

JinkoSolar (JKS)

2,842 posts in this topic

6 hours ago, spinvestor said:

Just got an email back from Investor Relations:  

" The head of our Finance department said that we're expected to release our Q1 Earnings on May 26th. It should appear on our website under Investor Relations."

Thanks. That's good news. Hopefully they should announce the date any day now

0

Share this post


Link to post
Share on other sites

Looking at the average ASP it seems like $0.40 per watt.

0

Share this post


Link to post
Share on other sites

Income made on exchange essentially. Not putting a lot of good vibes for CSIQ tomorrow.

0

Share this post


Link to post
Share on other sites
16 minutes ago, odyd said:

lower than JASO at 11.8%

Yes. Jinko's margin tends to repond to poly price changes quicker. Q1 had a poly price peak between lower prices in Q4 and so far in Q2. Jinko should get back ahead of JASO in Q2 again.

0

Share this post


Link to post
Share on other sites
7 minutes ago, odyd said:

Income made on exchange essentially. Not putting a lot of good vibes for CSIQ tomorrow.

On subsidy actually.

0

Share this post


Link to post
Share on other sites

I see that cash is dramatically down. in two quarters, Jinko spent around $300M.  $224M added in accounts receivable

0

Share this post


Link to post
Share on other sites
3 minutes ago, explo said:

On subsidy actually.

Yes, sorry, eyes are not the same. LOL

0

Share this post


Link to post
Share on other sites
11 minutes ago, odyd said:

Looking at the average ASP it seems like $0.40 per watt.

To cover 36 cents in cost of revenue, 3 cents selling expenses and 1 cents G&A and R&D. That leaves 0.5 cent in operating income. Good for them to have the 0.5 cent interest expense covered by the subside income to still end up with 0.5 cents per watt in net income.

0

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.