JinkoSolar Holding Company Limited 4 is in the semiconductors industry and technology sector. The company CEO is Kangping Chen. JinkoSolar Holding Co is a producer of solar energy monocrystalline silicon. It has built a vertically-integrated solar power product value chain from recovered silicon materials to solar modules with the solar module as its product.



Previous Intraday Performance:

The JKS shares had a previous change of 1.78% which opened at 18.15 and closed at 17.69. It moved to an intraday high of 18.29 and a low of 17.40.

SeekingAlpha:  JinkoSolar -6.2% as it proposes 43.75M-share offering of ADS

Historical Performance:

Over the last five trading days, JKS shares returned -4.58% and in the past 30 trading days it returned -8.34%. Over three months, it changed 7.73%. In one year it has changed -7.91% and within that year its 52-week high was 21.80 and its 52-week low was 7.11. JKS stock is 148.80% above its 52 Week Low.

Our calculations result in a 200 day moving average of 14.01 and a 50 day moving average of 18.80. Right now, JKS stock is trading 26.30% above its 200 day moving average.

SeekingAlpha:  A, ACB, EGHT and TLRY among notable after hour movers

Liquidity:

The company has a market cap of $693.7m with 39.2m shares outstanding and a float of 39.2m shares. Trading volume was 761,353 shares and has experienced an average volume of 811,688 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for JinkoSolar Holding Company Limited 4 was 1.53 which ended on 31st of December 2018, which according to the previous close, that is a PE of 11.56. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.72.

Base on our calculations, the intrinsic value per share is 40.73, which means it might be undervalued and has a margin of safety of 56.57%

The next earnings report will be: 05-28-2019

The long-term trend of the EPS is a vital number as it helps understand the future potential of JinkoSolar Holding Company Limited 4; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been -22.90% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 30.20% of institutional ownership. Short-interest was 8,667,701, which was 22.10% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.15. This stock has a high level of short interest and may fall in value in the near term.

I calculated the beta to be 2.32

PR Newswire:  JinkoSolar Announces Proposed Follow-on Offering of 3,750,000 American Depositary Shares and Concurrent Private Placement of Up to US$85 Million Convertible Senior Notes

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 5.57%, return on assets is 1.26%, profit margin is 1.97%, price-to-sales is 0.23 and price-to-book is 0.59.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 2  : Past Performance Result
 5  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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