Jinkosolar Holding Stock Z Score

JKS Stock

USD 22.58 0.75 3.44%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out JinkoSolar Holding Piotroski F Score and JinkoSolar Holding Valuation analysis.

For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.

At this time, JinkoSolar Holding's Capital Surpluse is comparatively stable compared to the past year. Capital Expenditures is likely to gain to about 16.6 B in 2024, whereas Net Invested Capital is likely to drop slightly above 46.3 B in 2024. At this time, JinkoSolar Holding's Research Development is comparatively stable compared to the past year. EBITDA is likely to gain to about 17.7 B in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 458.6 M in 2024.

JinkoSolar Holding Company Z Score Analysis

JinkoSolar Holding's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

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Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

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Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

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Total Liabilities )

Fifth Factor

0.99 * (

Revenue

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Total Assets )

JinkoSolar Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for JinkoSolar Holding is extremely important. It helps to project a fair market value of JinkoSolar Stock properly, considering its historical fundamentals such as Z Score. Since JinkoSolar Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of JinkoSolar Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of JinkoSolar Holding's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Long Term Debt	Short Term Investments	Property Plant Equipment	Good Will	Treasury Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.99	0.96	0.98	0.97	1.0	1.0	0.62	0.98	0.73	0.81	0.97	0.43	0.99	-0.29	-0.84	0.96	0.95	0.97	0.98	0.99	0.85	0.91	0.69	0.95
Total Stockholder Equity	0.99		0.98	0.98	0.97	0.96	0.99	0.99	0.66	0.96	0.78	0.78	0.94	0.42	0.98	-0.34	-0.85	0.98	0.91	0.97	0.95	0.99	0.83	0.88	0.68	0.93
Net Debt	0.99	0.98		0.95	0.95	0.95	0.99	0.99	0.71	0.96	0.78	0.74	0.99	0.36	0.99	-0.32	-0.9	0.95	0.92	0.96	0.98	0.98	0.88	0.92	0.72	0.96
Retained Earnings	0.96	0.98	0.95		0.94	0.92	0.96	0.96	0.65	0.93	0.78	0.76	0.91	0.41	0.95	-0.31	-0.86	0.97	0.85	0.96	0.91	0.97	0.81	0.84	0.61	0.91
Accounts Payable	0.98	0.97	0.95	0.94		0.98	0.98	0.98	0.52	0.98	0.68	0.85	0.92	0.41	0.96	-0.31	-0.76	0.93	0.93	0.93	0.93	0.97	0.76	0.85	0.58	0.87
Net Receivables	0.97	0.96	0.95	0.92	0.98		0.97	0.97	0.55	0.96	0.65	0.8	0.92	0.38	0.97	-0.26	-0.75	0.94	0.96	0.94	0.93	0.97	0.77	0.87	0.68	0.88
Total Liab	1.0	0.99	0.99	0.96	0.98	0.97		1.0	0.63	0.98	0.74	0.81	0.97	0.42	0.99	-0.29	-0.85	0.95	0.95	0.97	0.98	0.98	0.85	0.91	0.69	0.95
Total Current Assets	1.0	0.99	0.99	0.96	0.98	0.97	1.0		0.64	0.97	0.75	0.79	0.97	0.4	0.99	-0.29	-0.85	0.95	0.93	0.96	0.97	0.99	0.84	0.9	0.69	0.94
Short Term Debt	0.62	0.66	0.71	0.65	0.52	0.55	0.63	0.64		0.49	0.87	0.07	0.68	-0.02	0.65	-0.37	-0.84	0.69	0.44	0.65	0.64	0.66	0.77	0.69	0.71	0.7
Intangible Assets	0.98	0.96	0.96	0.93	0.98	0.96	0.98	0.97	0.49		0.65	0.88	0.94	0.5	0.97	-0.3	-0.77	0.93	0.96	0.95	0.96	0.95	0.79	0.88	0.61	0.91
Common Stock	0.73	0.78	0.78	0.78	0.68	0.65	0.74	0.75	0.87	0.65		0.35	0.72	0.24	0.72	-0.54	-0.84	0.76	0.53	0.71	0.7	0.75	0.84	0.77	0.65	0.76
Current Deferred Revenue	0.81	0.78	0.74	0.76	0.85	0.8	0.81	0.79	0.07	0.88	0.35		0.73	0.59	0.78	-0.11	-0.51	0.73	0.85	0.77	0.77	0.77	0.55	0.66	0.37	0.72
Long Term Debt	0.97	0.94	0.99	0.91	0.92	0.92	0.97	0.97	0.68	0.94	0.72	0.73		0.33	0.98	-0.22	-0.9	0.92	0.93	0.95	1.0	0.95	0.89	0.94	0.75	0.96
Short Term Investments	0.43	0.42	0.36	0.41	0.41	0.38	0.42	0.4	-0.02	0.5	0.24	0.59	0.33		0.41	-0.27	-0.18	0.42	0.48	0.45	0.38	0.38	0.36	0.34	0.25	0.48
Property Plant Equipment	0.99	0.98	0.99	0.95	0.96	0.97	0.99	0.99	0.65	0.97	0.72	0.78	0.98	0.41		-0.24	-0.86	0.97	0.95	0.98	0.98	0.99	0.87	0.92	0.72	0.96
Good Will	-0.29	-0.34	-0.32	-0.31	-0.31	-0.26	-0.29	-0.29	-0.37	-0.3	-0.54	-0.11	-0.22	-0.27	-0.24		0.28	-0.24	-0.13	-0.21	-0.2	-0.27	-0.2	-0.19	-0.14	-0.21
Treasury Stock	-0.84	-0.85	-0.9	-0.86	-0.76	-0.75	-0.85	-0.85	-0.84	-0.77	-0.84	-0.51	-0.9	-0.18	-0.86	0.28		-0.85	-0.69	-0.85	-0.88	-0.86	-0.88	-0.84	-0.76	-0.9
Net Tangible Assets	0.96	0.98	0.95	0.97	0.93	0.94	0.95	0.95	0.69	0.93	0.76	0.73	0.92	0.42	0.97	-0.24	-0.85		0.88	0.99	0.92	0.97	0.84	0.87	0.69	0.93
Long Term Investments	0.95	0.91	0.92	0.85	0.93	0.96	0.95	0.93	0.44	0.96	0.53	0.85	0.93	0.48	0.95	-0.13	-0.69	0.88		0.92	0.95	0.92	0.78	0.88	0.67	0.89
Short Long Term Debt	0.97	0.97	0.96	0.96	0.93	0.94	0.97	0.96	0.65	0.95	0.71	0.77	0.95	0.45	0.98	-0.21	-0.85	0.99	0.92		0.96	0.96	0.85	0.9	0.68	0.95
Long Term Debt Total	0.98	0.95	0.98	0.91	0.93	0.93	0.98	0.97	0.64	0.96	0.7	0.77	1.0	0.38	0.98	-0.2	-0.88	0.92	0.95	0.96		0.95	0.88	0.93	0.73	0.97
Capital Surpluse	0.99	0.99	0.98	0.97	0.97	0.97	0.98	0.99	0.66	0.95	0.75	0.77	0.95	0.38	0.99	-0.27	-0.86	0.97	0.92	0.96	0.95		0.83	0.89	0.71	0.93
Cash And Equivalents	0.85	0.83	0.88	0.81	0.76	0.77	0.85	0.84	0.77	0.79	0.84	0.55	0.89	0.36	0.87	-0.2	-0.88	0.84	0.78	0.85	0.88	0.83		0.97	0.81	0.94
Net Invested Capital	0.91	0.88	0.92	0.84	0.85	0.87	0.91	0.9	0.69	0.88	0.77	0.66	0.94	0.34	0.92	-0.19	-0.84	0.87	0.88	0.9	0.93	0.89	0.97		0.78	0.94
Net Working Capital	0.69	0.68	0.72	0.61	0.58	0.68	0.69	0.69	0.71	0.61	0.65	0.37	0.75	0.25	0.72	-0.14	-0.76	0.69	0.67	0.68	0.73	0.71	0.81	0.78		0.8
Capital Stock	0.95	0.93	0.96	0.91	0.87	0.88	0.95	0.94	0.7	0.91	0.76	0.72	0.96	0.48	0.96	-0.21	-0.9	0.93	0.89	0.95	0.97	0.93	0.94	0.94	0.8

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict JinkoSolar Holding

According to the company's disclosures, JinkoSolar Holding has a Z Score of 0.0. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

JinkoSolar Holding Current Valuation Drivers

We derive many important indicators used in calculating different scores of JinkoSolar Holding from analyzing JinkoSolar Holding's financial statements. These drivers represent accounts that assess JinkoSolar Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of JinkoSolar Holding's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	6.6B	18.1B	15.0B	14.0B	14.8B	15.6B
Enterprise Value	21.0B	38.2B	44.0B	51.5B	55.6B	58.4B

JinkoSolar Holding ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, JinkoSolar Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to JinkoSolar Holding's managers, analysts, and investors.

Environmental

Governance

Social

JinkoSolar Holding Institutional Holders

Institutional Holdings refers to the ownership stake in JinkoSolar Holding that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of JinkoSolar Holding's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing JinkoSolar Holding's value.

		Shares
Millennium Management Llc	2024-06-30	168.9 K
Causeway Capital Management Llc	2024-09-30	127.6 K
Citigroup Inc	2024-09-30	103.6 K
Point72 Europe (london) Llp	2024-09-30	87.9 K
Trexquant Investment Lp	2024-06-30	75.3 K
Bnp Paribas Arbitrage, Sa	2024-06-30	72.1 K
Green Alpha Advisors, Llc	2024-09-30	71.5 K
Vontobel Holding Ltd.	2024-06-30	69 K
California Public Employees Retrmnt Sys	2024-09-30	67 K
Mackenzie Investments	2024-09-30	2.9 M
Morgan Stanley - Brokerage Accounts	2024-06-30	2.5 M

JinkoSolar Fundamentals

	Return On Equity	0.0344
	Return On Asset	-5.0E-4
	Profit Margin	0.01 %
	Operating Margin	0.01 %
	Current Valuation	4.92 B
	Shares Outstanding	49.31 M
	Shares Owned By Insiders	33.87 %
	Shares Owned By Institutions	25.90 %
	Number Of Shares Shorted	5.11 M
	Price To Earning	106.24 X
	Price To Book	0.40 X
	Price To Sales	0.01 X
	Revenue	118.68 B
	Gross Profit	12.35 B
	EBITDA	16.85 B
	Net Income	6.45 B
	Cash And Equivalents	10.37 B
	Cash Per Share	287.48 X
	Total Debt	56.79 B
	Debt To Equity	2.23 %
	Current Ratio	1.09 X
	Book Value Per Share	392.72 X
	Cash Flow From Operations	13.83 B
	Short Ratio	2.50 X
	Earnings Per Share	0.76 X
	Price To Earnings To Growth	0.26 X
	Target Price	30.97
	Number Of Employees	57.4 K
	Beta	0.41
	Market Capitalization	1.11 B
	Total Asset	135.83 B
	Retained Earnings	9.14 B
	Working Capital	1.88 B
	Current Asset	14.59 B
	Current Liabilities	15.23 B
	Annual Yield	0.13 %
	Net Asset	135.83 B

About JinkoSolar Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze JinkoSolar Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JinkoSolar Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JinkoSolar Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for JinkoSolar Stock Analysis

When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.

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Jinkosolar Holding Stock Z Score

JinkoSolar Holding Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

JinkoSolar Z Score Driver Correlations

JinkoSolar Holding Current Valuation Drivers

JinkoSolar Holding ESG Sustainability

JinkoSolar Holding Institutional Holders

JinkoSolar Fundamentals

About JinkoSolar Holding Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for JinkoSolar Stock Analysis

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