JinkoSolar Files 2023 Annual Report on Form 20-F

Rhea-AI Summary

JinkoSolar, a leading solar module manufacturer, has filed its 2023 annual report on Form 20-F with the SEC. The report includes audited financial statements and is accessible online. Shareholders can request a free hard copy.

Insights

Financial Analyst

The filing of JinkoSolar's annual report on Form 20-F is a transparency measure providing investors with a comprehensive view of the company's financial health. Key elements to scrutinize include revenue growth, profit margins and cash flow. The solar industry is capital-intensive, so assessing the level of capital expenditures will indicate the company's growth strategy. Another focal point is the debt-to-equity ratio, which highlights financial stability. For a retail investor, these figures can help determine JinkoSolar's market position and its ability to generate shareholder value in a competitive sector.

Energy Sector Analyst

JinkoSolar operates in a highly dynamic industry driven by government policies, technological advancements and global energy demands. As a solar module manufacturer, assessing their research and development investment is important for maintaining a competitive edge. Moreover, the report should reflect the company's ability to navigate raw material costs, tariffs and international trade tensions. Understanding these factors can provide a retail investor with a nuanced view of the company's potential to capitalize on the global shift towards renewable energy.

Market Research Analyst

An examination of the annual report could reveal insights into JinkoSolar's market share and sales volumes across different geographic regions. It's essential to understand the company's performance in key markets such as Europe, the Americas and Asia. Market penetration and diversification strategies can significantly impact revenue streams. An investor should note whether JinkoSolar is expanding into emerging markets or consolidating in mature ones, as this strategic direction will influence long-term growth prospects.

SHANGRAO, China, April 25, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024.

The Company's annual report on Form 20-F contains its audited consolidated financial statements and is available on the Company's website at http://ir.jinkosolar.com or on the SEC's website at www.sec.gov. The Company will provide a hard copy of its annual report, which contains the complete audited financial statements, free of charge to its shareholders and holders of American depositary shares representing its ordinary shares upon request.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to utility-scale, commercial and residential customers in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had 14 productions facilities globally, 26 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of December 31, 2023.

To find out more, please see: www.jinkosolar.com

For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com  

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com

In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-files-2023-annual-report-on-form-20-f-302127557.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

When did JinkoSolar file its 2023 annual report?

JinkoSolar filed its 2023 annual report on Form 20-F on April 25, 2024.

Where can I access JinkoSolar's annual report on Form 20-F?

JinkoSolar's annual report on Form 20-F for the fiscal year ended December 31, 2023, is available on the Company's website at http://ir.jinkosolar.com or on the SEC's website at www.sec.gov.

How can shareholders obtain a hard copy of JinkoSolar's annual report?

Shareholders and holders of American depositary shares representing JinkoSolar's ordinary shares can request a free hard copy of the annual report.

What type of financial statements are included in JinkoSolar's annual report?

JinkoSolar's annual report on Form 20-F contains audited consolidated financial statements.

What is JinkoSolar's ticker symbol?

JinkoSolar's ticker symbol is JKS.