JinkoSolar Holding EBITDA vs. Cash Per Share

ZJS1 Stock  EUR 23.20  1.20  4.92%   
Considering the key profitability indicators obtained from JinkoSolar Holding's historical financial statements, JinkoSolar Holding Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess JinkoSolar Holding's ability to earn profits and add value for shareholders.
For JinkoSolar Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JinkoSolar Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JinkoSolar Holding Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JinkoSolar Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JinkoSolar Holding Co over time as well as its relative position and ranking within its peers.
  
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For more detail on how to invest in JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.
Please note, there is a significant difference between JinkoSolar Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if JinkoSolar Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JinkoSolar Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

JinkoSolar Holding Cash Per Share vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining JinkoSolar Holding's current stock value. Our valuation model uses many indicators to compare JinkoSolar Holding value to that of its competitors to determine the firm's financial worth.
JinkoSolar Holding Co is rated first in ebitda category among its peers. It is rated first in cash per share category among its peers . The ratio of EBITDA to Cash Per Share for JinkoSolar Holding Co is about  169,361,067 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the JinkoSolar Holding's earnings, one of the primary drivers of an investment's value.

JinkoSolar Cash Per Share vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

JinkoSolar Holding

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
1.71 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

JinkoSolar Holding

Cash Per Share

 = 

Total Cash

Average Shares

 = 
10.12 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

JinkoSolar Cash Per Share Comparison

JinkoSolar Holding is currently under evaluation in cash per share category among its peers.

JinkoSolar Holding Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in JinkoSolar Holding, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JinkoSolar Holding will eventually generate negative long term returns. The profitability progress is the general direction of JinkoSolar Holding's change in net profit over the period of time. It can combine multiple indicators of JinkoSolar Holding, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the Peoples Republic of China and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the Peoples Republic of China. JinkoSolar Holding operates under Solar classification in Germany and traded on Frankfurt Stock Exchange. It employs 12000 people.

JinkoSolar Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on JinkoSolar Holding. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of JinkoSolar Holding position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the JinkoSolar Holding's important profitability drivers and their relationship over time.

Use JinkoSolar Holding in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JinkoSolar Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JinkoSolar Holding will appreciate offsetting losses from the drop in the long position's value.

JinkoSolar Holding Pair Trading

JinkoSolar Holding Co Pair Trading Analysis

The ability to find closely correlated positions to JinkoSolar Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JinkoSolar Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JinkoSolar Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JinkoSolar Holding Co to buy it.
The correlation of JinkoSolar Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JinkoSolar Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JinkoSolar Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JinkoSolar Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your JinkoSolar Holding position

In addition to having JinkoSolar Holding in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in JinkoSolar Stock

To fully project JinkoSolar Holding's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JinkoSolar Holding at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include JinkoSolar Holding's income statement, its balance sheet, and the statement of cash flows.
Potential JinkoSolar Holding investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although JinkoSolar Holding investors may work on each financial statement separately, they are all related. The changes in JinkoSolar Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JinkoSolar Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.