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JinkoSolar (JKS) earnings
JinkoSolar earnings: last reported Wed, 26 Aug 2026, for the quarter ended Jun 2026.
JinkoSolar earnings callsJinkoSolar earnings calls (JKS)
Latest concall · Q2 2026 · call held call held 26 Aug 2026
JinkoSolar Q2 FY26 — Profitability Pressures Amidst Market Shifts and Strategic Investments
What went well
- Module shipments increased sequentially to approximately 16 GW in Q2 FY26.
- ESS shipments in H1 FY26 were 3.1 GWh, significantly up year-over-year, with over 1 GWh recognized in Q2 FY26.
- TOPCon 3.0 series continued to command a premium of approximately $0.01 per watt.
What to watch
- Gross margin decreased sequentially to 4.2% in Q2 FY26 (from 8.3% in Q1 FY26) due to lower ASP and high-efficiency product ramp-up costs.
- Net loss expanded sequentially in Q2 FY26.
Performance −60.3% 1Y
1Y: $23.95 on 29 Sept 2025 → $9.51. High $30.58 (17 Nov 2025), low $9.2 (28 Sept 2026).
Balance sheet
| Year ending | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Equity capital | $4.0K | $4.2K | $4.0K | $4.0K | $4.0K | $4.0K |
| Total liabilities | $6.17B | $9.21B | $11.84B | $14.41B | $12.42B | $13.36B |
| Fixed assets | $1.91B | $3.13B | $4.68B | $5.81B | $41.85B | $35.80B |
| Investments | $87.36M | $23.54M | $0 | $144.18M | $127.18M | $598.50M |
| Total assets | $8.16B | $11.45B | $15.75B | $19.13B | $17.11B | $17.31B |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
10 filings between May 1, 2026 and Jul 1, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$33.41M
4 sales by 3 insiders
Compensation
not trading decisions- 6
- Award — granted as compensation
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| LI XIANHUA | — | $32.68M | May 13, 2026 |
| Siew Wing Keong | — | $681.6K | Jun 30, 2026 |
| Markscheid Stephen | — | $50.0K | May 13, 2026 |
Latest filings (10)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 1, 2026 | Markscheid Stephen Director | Award | 10,000 | $0 |
| Jul 1, 2026 | Siew Wing Keong Director | Award | 10,000 | $0 |
| Jun 30, 2026 | Siew Wing Keong Director | Sale | 16,000 | $263.8K |
| May 13, 2026 | Markscheid Stephen Director | Sale | 2,000 | $50.0K |
| May 13, 2026 | Siew Wing Keong Director | Sale | 16,000 | $417.8K |
| May 13, 2026 | LI XIANHUA Director | Sale | 1,280,000 | $32.68M |
| May 1, 2026 | LI XIANDE Chief Executive Officer | Award | 1,777,142 | $0 |
| May 1, 2026 | LI XIANHUA Director | Award | 771,428 | $0 |
| May 1, 2026 | Cao Haiyun Director | Award | 354,285 | $0 |
| May 1, 2026 | Li Mengmeng Chief Financial Officer | Award | 2,856 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.