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Jinko Power Technology Co Ltd
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PenkeI guess you are interested in Jinko Power Technology Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Jinko Power Technology Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Jinko Power Technology Co Ltd (30 sec.)










What can you expect buying and holding a share of Jinko Power Technology Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
¥0.02
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥4.41
Expected worth in 1 year
¥5.30
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
¥1.01
Return On Investment
31.9%

For what price can you sell your share?

Current Price per Share
¥3.17
Expected price per share
¥2.65 - ¥3.44
How sure are you?
50%

1. Valuation of Jinko Power Technology Co Ltd (5 min.)




Live pricePrice per Share (EOD)

¥3.17

Intrinsic Value Per Share

¥-12.09 - ¥-14.37

Total Value Per Share

¥-7.68 - ¥-9.96

2. Growth of Jinko Power Technology Co Ltd (5 min.)




Is Jinko Power Technology Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.1b$1.7b$331.2m16.2%

How much money is Jinko Power Technology Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$10.3m$10.5m-$173.2k-1.7%
Net Profit Margin4.1%6.8%--

How much money comes from the company's main activities?

3. Financial Health of Jinko Power Technology Co Ltd (5 min.)




What can you expect buying and holding a share of Jinko Power Technology Co Ltd? (5 min.)

Welcome investor! Jinko Power Technology Co Ltd's management wants to use your money to grow the business. In return you get a share of Jinko Power Technology Co Ltd.

What can you expect buying and holding a share of Jinko Power Technology Co Ltd?

First you should know what it really means to hold a share of Jinko Power Technology Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Jinko Power Technology Co Ltd is ¥3.17. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Jinko Power Technology Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Jinko Power Technology Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥4.41. Based on the TTM, the Book Value Change Per Share is ¥0.22 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Jinko Power Technology Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.010.3%0.010.2%0.000.1%0.010.2%0.010.2%
Usd Book Value Change Per Share0.010.4%0.031.0%0.010.2%0.031.1%0.031.1%
Usd Dividend Per Share0.000.1%0.000.1%0.000.1%0.000.1%0.000.1%
Usd Total Gains Per Share0.010.5%0.041.1%0.010.3%0.041.2%0.041.2%
Usd Price Per Share0.51-0.66-0.84-0.66-0.66-
Price to Earnings Ratio13.19-33.51-272.01-76.40-76.40-
Price-to-Total Gains Ratio35.20-233.70--22.25-78.64-78.64-
Price to Book Ratio0.84-1.17-1.75-1.39-1.39-
Price-to-Total Gains Ratio35.20-233.70--22.25-78.64-78.64-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.438728
Number of shares2279
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.03
Usd Total Gains Per Share0.040.04
Gains per Quarter (2279 shares)79.8184.91
Gains per Year (2279 shares)319.24339.66
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13828230931309330
27556362861618670
3113845947929271010
41501127126612312361350
51881408158515315451690
62251690190418418542030
72631972222321521632370
83012253254224524722710
93382535286127627813050
103762817318030730903390

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%10.02.00.083.3%15.03.00.083.3%15.03.00.083.3%15.03.00.083.3%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%13.05.00.072.2%13.05.00.072.2%13.05.00.072.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%16.02.00.088.9%16.02.00.088.9%16.02.00.088.9%

Fundamentals of Jinko Power Technology Co Ltd

About Jinko Power Technology Co Ltd

Jinko Power Technology Co.,Ltd., together with its subsidiaries, operates as an clean energy supplier and service provider. The company's photovoltaic power generation business comprises centralized, industrial and commercial distributed, and household distributed photovoltaics. Its products and services include electricity transaction, energy storage, PV hydrogen production, industry decarburization, virtual power plant, and carbon trading and carbon finance. The company was incorporated in 2011 and is headquartered in Shanghai, China.

Fundamental data was last updated by Penke on 2024-03-27 11:52:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Jinko Power Technology Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Jinko Power Technology Co Ltd earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • A Net Profit Margin of 14.4% means that ¥0.14 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Jinko Power Technology Co Ltd:

  • The MRQ is 14.4%. The company is making a huge profit. +2
  • The TTM is 4.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ14.4%TTM4.1%+10.2%
TTM4.1%YOY6.8%-2.7%
TTM4.1%5Y9.7%-5.6%
5Y9.7%10Y9.7%0.0%
1.1.2. Return on Assets

Shows how efficient Jinko Power Technology Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • 0.6% Return on Assets means that Jinko Power Technology Co Ltd generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Jinko Power Technology Co Ltd:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.2%+0.4%
TTM0.2%YOY0.2%0.0%
TTM0.2%5Y0.4%-0.2%
5Y0.4%10Y0.4%0.0%
1.1.3. Return on Equity

Shows how efficient Jinko Power Technology Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • 1.6% Return on Equity means Jinko Power Technology Co Ltd generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Jinko Power Technology Co Ltd:

  • The MRQ is 1.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM0.4%+1.2%
TTM0.4%YOY0.6%-0.2%
TTM0.4%5Y1.2%-0.7%
5Y1.2%10Y1.2%0.0%

1.2. Operating Efficiency of Jinko Power Technology Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jinko Power Technology Co Ltd is operating .

  • Measures how much profit Jinko Power Technology Co Ltd makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Jinko Power Technology Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM10.8%-10.8%
TTM10.8%YOY36.1%-25.3%
TTM10.8%5Y31.2%-20.4%
5Y31.2%10Y31.2%0.0%
1.2.2. Operating Ratio

Measures how efficient Jinko Power Technology Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 1.44 means that the operating costs are ¥1.44 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Jinko Power Technology Co Ltd:

  • The MRQ is 1.441. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.288. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.441TTM1.288+0.152
TTM1.288YOY1.175+0.113
TTM1.2885Y1.225+0.063
5Y1.22510Y1.2250.000

1.3. Liquidity of Jinko Power Technology Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Jinko Power Technology Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 1.86 means the company has ¥1.86 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Jinko Power Technology Co Ltd:

  • The MRQ is 1.862. The company is able to pay all its short-term debts. +1
  • The TTM is 1.750. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.862TTM1.750+0.112
TTM1.750YOY1.832-0.082
TTM1.7505Y1.486+0.264
5Y1.48610Y1.4860.000
1.3.2. Quick Ratio

Measures if Jinko Power Technology Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • A Quick Ratio of 0.60 means the company can pay off ¥0.60 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Jinko Power Technology Co Ltd:

  • The MRQ is 0.595. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.567. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.595TTM0.567+0.028
TTM0.567YOY0.961-0.395
TTM0.5675Y0.742-0.175
5Y0.74210Y0.7420.000

1.4. Solvency of Jinko Power Technology Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Jinko Power Technology Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Jinko Power Technology Co Ltd to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.62 means that Jinko Power Technology Co Ltd assets are financed with 62.3% credit (debt) and the remaining percentage (100% - 62.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Jinko Power Technology Co Ltd:

  • The MRQ is 0.623. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.635. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.623TTM0.635-0.012
TTM0.635YOY0.619+0.016
TTM0.6355Y0.650-0.016
5Y0.65010Y0.6500.000
1.4.2. Debt to Equity Ratio

Measures if Jinko Power Technology Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 166.3% means that company has ¥1.66 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Jinko Power Technology Co Ltd:

  • The MRQ is 1.663. The company is just able to pay all its debts with equity.
  • The TTM is 1.759. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.663TTM1.759-0.096
TTM1.759YOY1.654+0.104
TTM1.7595Y1.931-0.172
5Y1.93110Y1.9310.000

2. Market Valuation of Jinko Power Technology Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Jinko Power Technology Co Ltd generates.

  • Above 15 is considered overpriced but always compare Jinko Power Technology Co Ltd to the Utilities - Renewable industry mean.
  • A PE ratio of 13.19 means the investor is paying ¥13.19 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Jinko Power Technology Co Ltd:

  • The EOD is 11.241. Based on the earnings, the company is underpriced. +1
  • The MRQ is 13.191. Based on the earnings, the company is underpriced. +1
  • The TTM is 33.509. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD11.241MRQ13.191-1.950
MRQ13.191TTM33.509-20.318
TTM33.509YOY272.010-238.501
TTM33.5095Y76.403-42.894
5Y76.40310Y76.4030.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Jinko Power Technology Co Ltd:

  • The EOD is 17.100. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.067. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 5.869. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD17.100MRQ20.067-2.967
MRQ20.067TTM5.869+14.198
TTM5.869YOY418.457-412.588
TTM5.8695Y97.278-91.410
5Y97.27810Y97.2780.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Jinko Power Technology Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 0.84 means the investor is paying ¥0.84 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Jinko Power Technology Co Ltd:

  • The EOD is 0.719. Based on the equity, the company is cheap. +2
  • The MRQ is 0.844. Based on the equity, the company is cheap. +2
  • The TTM is 1.171. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.719MRQ0.844-0.125
MRQ0.844TTM1.171-0.327
TTM1.171YOY1.750-0.579
TTM1.1715Y1.393-0.222
5Y1.39310Y1.3930.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Jinko Power Technology Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0820.223-63%0.042+93%0.245-67%0.245-67%
Book Value Per Share--4.4084.147+6%3.477+27%3.260+35%3.260+35%
Current Ratio--1.8621.750+6%1.832+2%1.486+25%1.486+25%
Debt To Asset Ratio--0.6230.635-2%0.619+1%0.650-4%0.650-4%
Debt To Equity Ratio--1.6631.759-5%1.654+1%1.931-14%1.931-14%
Dividend Per Share--0.0240.030-19%0.024+1%0.024-1%0.024-1%
Eps--0.0710.041+70%0.021+230%0.039+79%0.039+79%
Free Cash Flow Per Share--0.046-0.189+507%-0.092+299%-0.077+265%-0.077+265%
Free Cash Flow To Equity Per Share--0.046-0.291+729%-0.034+173%-0.057+222%-0.057+222%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---14.366--------
Intrinsic Value_10Y_min---12.088--------
Intrinsic Value_1Y_max---0.595--------
Intrinsic Value_1Y_min---0.584--------
Intrinsic Value_3Y_max---2.431--------
Intrinsic Value_3Y_min---2.307--------
Intrinsic Value_5Y_max---5.043--------
Intrinsic Value_5Y_min---4.625--------
Market Cap11319911144.960-17%13283936347.32017024504282.030-22%21711375319.040-39%17005657064.629-22%17005657064.629-22%
Net Profit Margin--0.1440.041+248%0.068+111%0.097+48%0.097+48%
Operating Margin---0.108-100%0.361-100%0.312-100%0.312-100%
Operating Ratio--1.4411.288+12%1.175+23%1.225+18%1.225+18%
Pb Ratio0.719-17%0.8441.171-28%1.750-52%1.393-39%1.393-39%
Pe Ratio11.241-17%13.19133.509-61%272.010-95%76.403-83%76.403-83%
Price Per Share3.170-17%3.7204.768-22%6.080-39%4.762-22%4.762-22%
Price To Free Cash Flow Ratio17.100-17%20.0675.869+242%418.457-95%97.278-79%97.278-79%
Price To Total Gains Ratio29.996-17%35.201233.698-85%-22.252+163%78.640-55%78.640-55%
Quick Ratio--0.5950.567+5%0.961-38%0.742-20%0.742-20%
Return On Assets--0.0060.002+247%0.002+189%0.004+58%0.004+58%
Return On Equity--0.0160.004+260%0.006+162%0.012+35%0.012+35%
Total Gains Per Share--0.1060.253-58%0.066+60%0.269-61%0.269-61%
Usd Book Value--2178740576.7622049603442.756+6%1718402640.904+27%1610922136.065+35%1610922136.065+35%
Usd Book Value Change Per Share--0.0110.031-63%0.006+93%0.034-67%0.034-67%
Usd Book Value Per Share--0.6100.574+6%0.481+27%0.451+35%0.451+35%
Usd Dividend Per Share--0.0030.004-19%0.003+1%0.003-1%0.003-1%
Usd Eps--0.0100.006+70%0.003+230%0.005+79%0.005+79%
Usd Free Cash Flow--22904373.436-93169834.791+507%-45548376.614+299%-37830259.741+265%-37830259.741+265%
Usd Free Cash Flow Per Share--0.006-0.026+507%-0.013+299%-0.011+265%-0.011+265%
Usd Free Cash Flow To Equity Per Share--0.006-0.040+729%-0.005+173%-0.008+222%-0.008+222%
Usd Market Cap1566675702.462-17%1838496790.4692356191392.633-22%3004854344.155-39%2353582937.745-22%2353582937.745-22%
Usd Price Per Share0.439-17%0.5150.660-22%0.841-39%0.659-22%0.659-22%
Usd Profit--34844072.56610387267.947+235%10560507.342+230%17215331.937+102%17215331.937+102%
Usd Revenue--242538513.875145019722.541+67%118308748.186+105%143484574.048+69%143484574.048+69%
Usd Total Gains Per Share--0.0150.035-58%0.009+60%0.037-61%0.037-61%
 EOD+4 -4MRQTTM+22 -13YOY+27 -85Y+22 -1310Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of Jinko Power Technology Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.241
Price to Book Ratio (EOD)Between0-10.719
Net Profit Margin (MRQ)Greater than00.144
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.595
Current Ratio (MRQ)Greater than11.862
Debt to Asset Ratio (MRQ)Less than10.623
Debt to Equity Ratio (MRQ)Less than11.663
Return on Equity (MRQ)Greater than0.150.016
Return on Assets (MRQ)Greater than0.050.006
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Jinko Power Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.611
Ma 20Greater thanMa 503.314
Ma 50Greater thanMa 1003.283
Ma 100Greater thanMa 2003.416
OpenGreater thanClose3.160
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets41,720,248
Total Liabilities25,977,903
Total Stockholder Equity15,618,952
 As reported
Total Liabilities 25,977,903
Total Stockholder Equity+ 15,618,952
Total Assets = 41,720,248

Assets

Total Assets41,720,248
Total Current Assets18,357,354
Long-term Assets23,362,895
Total Current Assets
Cash And Cash Equivalents 6,885,171
Short-term Investments 79,538
Net Receivables 5,786,237
Inventory 3,162,210
Other Current Assets 1,071,165
Total Current Assets  (as reported)18,357,354
Total Current Assets  (calculated)16,984,321
+/- 1,373,033
Long-term Assets
Property Plant Equipment 21,441,149
Intangible Assets 202,918
Long-term Assets Other 128,765
Long-term Assets  (as reported)23,362,895
Long-term Assets  (calculated)21,772,832
+/- 1,590,063

Liabilities & Shareholders' Equity

Total Current Liabilities9,856,815
Long-term Liabilities16,121,088
Total Stockholder Equity15,618,952
Total Current Liabilities
Short Long Term Debt 1,784,142
Accounts payable 5,385,963
Other Current Liabilities 10,124
Total Current Liabilities  (as reported)9,856,815
Total Current Liabilities  (calculated)7,180,229
+/- 2,676,586
Long-term Liabilities
Long term Debt 9,496,044
Capital Lease Obligations Min Short Term Debt1,500,144
Long-term Liabilities Other 1,955
Long-term Liabilities  (as reported)16,121,088
Long-term Liabilities  (calculated)10,998,143
+/- 5,122,945
Total Stockholder Equity
Retained Earnings 3,311,196
Total Stockholder Equity (as reported)15,618,952
Total Stockholder Equity (calculated)3,311,196
+/- 12,307,756
Other
Capital Stock3,570,951
Common Stock Shares Outstanding 3,570,951
Net Debt 4,395,015
Net Invested Capital 26,899,138
Net Working Capital 8,500,539
Property Plant and Equipment Gross 21,441,149



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-06-30
> Total Assets 
0
0
30,123,989
29,611,311
29,616,889
30,017,291
32,051,958
30,649,719
29,306,833
29,721,980
32,138,165
30,544,607
29,484,083
30,634,584
34,847,720
36,217,938
37,400,026
40,878,443
41,822,817
41,720,248
41,720,24841,822,81740,878,44337,400,02636,217,93834,847,72030,634,58429,484,08330,544,60732,138,16529,721,98029,306,83330,649,71932,051,95830,017,29129,616,88929,611,31130,123,98900
   > Total Current Assets 
0
0
10,196,944
10,235,035
9,945,668
10,285,643
12,573,361
11,091,053
10,361,714
10,483,186
13,659,698
12,911,884
11,562,012
12,622,872
15,410,070
14,810,828
15,018,789
18,468,800
18,706,737
18,357,354
18,357,35418,706,73718,468,80015,018,78914,810,82815,410,07012,622,87211,562,01212,911,88413,659,69810,483,18610,361,71411,091,05312,573,36110,285,6439,945,66810,235,03510,196,94400
       Cash And Cash Equivalents 
0
0
1,208,533
1,582,255
1,489,572
1,410,521
3,498,973
2,879,988
2,434,873
2,682,291
5,423,518
4,470,008
4,149,451
4,843,934
7,121,667
6,330,018
6,199,175
8,204,282
7,400,523
6,885,171
6,885,1717,400,5238,204,2826,199,1756,330,0187,121,6674,843,9344,149,4514,470,0085,423,5182,682,2912,434,8732,879,9883,498,9731,410,5211,489,5721,582,2551,208,53300
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
78
1,070
22,882
29,088
25,693
33,801
84,242
79,538
79,53884,24233,80125,69329,08822,8821,07078000000000000
       Net Receivables 
0
0
6,104,728
5,612,578
7,128,403
6,898,868
7,460,262
7,019,227
6,182,609
6,519,340
6,392,467
6,495,928
6,520,254
6,769,969
7,545,938
7,449,475
4,780,025
5,262,753
6,827,135
5,786,237
5,786,2376,827,1355,262,7534,780,0257,449,4757,545,9386,769,9696,520,2546,495,9286,392,4676,519,3406,182,6097,019,2277,460,2626,898,8687,128,4035,612,5786,104,72800
       Other Current Assets 
0
0
1,030,504
987,361
1,288,944
1,822,823
1,527,349
1,087,542
1,570,453
1,115,096
1,676,750
1,793,330
739,139
821,858
431,705
599,825
527,738
851,006
1,237,525
1,071,165
1,071,1651,237,525851,006527,738599,825431,705821,858739,1391,793,3301,676,7501,115,0961,570,4531,087,5421,527,3491,822,8231,288,944987,3611,030,50400
   > Long-term Assets 
0
0
19,927,045
19,376,275
19,671,220
19,731,648
19,478,598
19,558,666
18,945,119
19,238,794
18,478,467
17,632,723
17,922,071
18,011,712
19,437,650
21,407,110
22,381,237
22,409,642
23,116,080
23,362,895
23,362,89523,116,08022,409,64222,381,23721,407,11019,437,65018,011,71217,922,07117,632,72318,478,46719,238,79418,945,11919,558,66619,478,59819,731,64819,671,22019,376,27519,927,04500
       Property Plant Equipment 
19,834,252
0
0
0
17,807,191
17,406,553
17,529,655
17,557,918
16,858,872
17,275,412
16,527,309
15,803,050
16,208,702
16,274,474
17,606,858
19,107,531
20,707,480
20,451,732
21,146,062
21,441,149
21,441,14921,146,06220,451,73220,707,48019,107,53117,606,85816,274,47416,208,70215,803,05016,527,30917,275,41216,858,87217,557,91817,529,65517,406,55317,807,19100019,834,252
       Intangible Assets 
0
0
232,680
231,360
212,454
212,714
205,071
202,843
182,428
178,585
174,500
160,688
159,216
156,651
157,628
157,778
157,952
150,346
166,608
202,918
202,918166,608150,346157,952157,778157,628156,651159,216160,688174,500178,585182,428202,843205,071212,714212,454231,360232,68000
       Long-term Assets Other 
0
0
27,887
47,072
49,303
49,262
50,224
17,607,180
215,619
199,907
153,559
97,301
107,662
150,448
304,212
773,329
166,874
294,857
238,715
128,765
128,765238,715294,857166,874773,329304,212150,448107,66297,301153,559199,907215,61917,607,18050,22449,26249,30347,07227,88700
> Total Liabilities 
0
0
22,152,607
21,374,109
21,290,855
21,728,255
21,155,967
19,568,456
18,154,435
18,774,099
20,377,944
18,594,931
17,078,246
18,334,931
22,441,956
23,664,375
24,890,962
25,343,489
26,372,086
25,977,903
25,977,90326,372,08625,343,48924,890,96223,664,37522,441,95618,334,93117,078,24618,594,93120,377,94418,774,09918,154,43519,568,45621,155,96721,728,25521,290,85521,374,10922,152,60700
   > Total Current Liabilities 
0
0
9,910,433
9,487,799
10,540,512
11,472,770
10,456,587
8,900,584
8,234,080
7,890,885
8,415,373
7,081,366
5,957,045
6,821,117
8,105,639
9,066,952
10,071,894
10,004,361
10,391,516
9,856,815
9,856,81510,391,51610,004,36110,071,8949,066,9528,105,6396,821,1175,957,0457,081,3668,415,3737,890,8858,234,0808,900,58410,456,58711,472,77010,540,5129,487,7999,910,43300
       Short Long Term Debt 
0
0
1,308,268
1,856,200
2,304,440
3,183,187
2,342,057
1,073,879
1,009,399
1,065,562
1,722,018
832,092
729,042
1,472,178
1,942,723
1,492,709
1,258,517
1,626,579
1,431,577
1,784,142
1,784,1421,431,5771,626,5791,258,5171,492,7091,942,7231,472,178729,042832,0921,722,0181,065,5621,009,3991,073,8792,342,0573,183,1872,304,4401,856,2001,308,26800
       Accounts payable 
0
0
5,761,843
5,146,010
5,572,315
4,999,318
5,161,662
4,938,038
4,154,364
3,793,116
3,231,490
2,757,768
2,754,051
2,706,607
3,362,345
4,419,694
5,383,734
5,111,074
6,009,819
5,385,963
5,385,9636,009,8195,111,0745,383,7344,419,6943,362,3452,706,6072,754,0512,757,7683,231,4903,793,1164,154,3644,938,0385,161,6624,999,3185,572,3155,146,0105,761,84300
       Other Current Liabilities 
0
0
1,901,922
1,535,160
573,428
3,243,704
1,017,827
1,095,710
1,366,582
1,110,287
1,130,258
1,384,301
358,005
348,901
400,679
554,642
18,867
20,488
786,590
10,124
10,124786,59020,48818,867554,642400,679348,901358,0051,384,3011,130,2581,110,2871,366,5821,095,7101,017,8273,243,704573,4281,535,1601,901,92200
   > Long-term Liabilities 
0
0
12,242,174
11,886,310
10,750,343
10,255,485
10,699,380
10,667,872
9,920,355
10,883,214
11,962,570
11,513,564
11,121,201
11,513,814
14,336,317
14,597,423
14,819,068
15,339,128
15,980,570
16,121,088
16,121,08815,980,57015,339,12814,819,06814,597,42314,336,31711,513,81411,121,20111,513,56411,962,57010,883,2149,920,35510,667,87210,699,38010,255,48510,750,34311,886,31012,242,17400
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
990,797
895,920
892,499
855,828
816,454
839,942
1,064,078
1,448,869
1,481,345
1,461,658
1,500,144
1,500,1441,461,6581,481,3451,448,8691,064,078839,942816,454855,828892,499895,920990,797000000000
       Other Liabilities 
28,692
0
0
0
105,695
7,085,859
102,230
100,497
100,275
98,687
128,053
88,670
5,800,815
5,662,971
87,239
82,678
0
0
192,058
0
0192,0580082,67887,2395,662,9715,800,81588,670128,05398,687100,275100,497102,2307,085,859105,69500028,692
> Total Stockholder Equity
0
0
7,835,276
8,098,513
8,255,697
8,217,302
10,820,753
11,000,546
11,069,714
10,862,892
11,670,983
11,855,777
12,307,578
12,196,847
12,297,830
12,440,173
12,393,197
15,419,559
15,332,313
15,618,952
15,618,95215,332,31315,419,55912,393,19712,440,17312,297,83012,196,84712,307,57811,855,77711,670,98310,862,89211,069,71411,000,54610,820,7538,217,3028,255,6978,098,5137,835,27600
   Retained Earnings 
1,111,375
0
1,845,616
2,106,975
2,369,740
2,326,781
2,513,703
2,696,888
2,760,366
2,551,064
2,832,267
3,016,216
2,949,256
2,889,408
2,861,733
3,059,244
2,924,524
2,970,538
3,101,428
3,311,196
3,311,1963,101,4282,970,5382,924,5243,059,2442,861,7332,889,4082,949,2563,016,2162,832,2672,551,0642,760,3662,696,8882,513,7032,326,7812,369,7402,106,9751,845,61601,111,375
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue4,191,321
Cost of Revenue-2,451,633
Gross Profit1,739,6891,739,689
 
Operating Income (+$)
Gross Profit1,739,689
Operating Expense-3,055,741
Operating Income1,135,580-1,316,053
 
Operating Expense (+$)
Research Development5,359
Selling General Administrative356,654
Selling And Marketing Expenses-
Operating Expense3,055,741362,012
 
Net Interest Income (+$)
Interest Income47,151
Interest Expense-775,480
Other Finance Cost-1,252
Net Interest Income-727,076
 
Pretax Income (+$)
Operating Income1,135,580
Net Interest Income-727,076
Other Non-Operating Income Expenses-
Income Before Tax (EBT)402,4061,135,580
EBIT - interestExpense = -775,480
298,824
1,074,304
Interest Expense775,480
Earnings Before Interest and Taxes (EBIT)-1,177,886
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax402,406
Tax Provision-91,682
Net Income From Continuing Ops310,724310,724
Net Income298,824
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-727,076
 

Technical Analysis of Jinko Power Technology Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Jinko Power Technology Co Ltd. The general trend of Jinko Power Technology Co Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Jinko Power Technology Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Jinko Power Technology Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 3.41 < 3.44 < 3.44.

The bearish price targets are: 2.65.

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Jinko Power Technology Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Jinko Power Technology Co Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Jinko Power Technology Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Jinko Power Technology Co Ltd. The current macd is -0.02715863.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Jinko Power Technology Co Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Jinko Power Technology Co Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Jinko Power Technology Co Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Jinko Power Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartJinko Power Technology Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Jinko Power Technology Co Ltd. The current adx is 16.83.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Jinko Power Technology Co Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Jinko Power Technology Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Jinko Power Technology Co Ltd. The current sar is 3.4538.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Jinko Power Technology Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Jinko Power Technology Co Ltd. The current rsi is 40.61. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Jinko Power Technology Co Ltd Daily Relative Strength Index (RSI) ChartJinko Power Technology Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Jinko Power Technology Co Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Jinko Power Technology Co Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Jinko Power Technology Co Ltd Daily Stochastic Oscillator ChartJinko Power Technology Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Jinko Power Technology Co Ltd. The current cci is -159.38303342.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Jinko Power Technology Co Ltd Daily Commodity Channel Index (CCI) ChartJinko Power Technology Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Jinko Power Technology Co Ltd. The current cmo is -28.93414191.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Jinko Power Technology Co Ltd Daily Chande Momentum Oscillator (CMO) ChartJinko Power Technology Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Jinko Power Technology Co Ltd. The current willr is -90.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Jinko Power Technology Co Ltd Daily Williams %R ChartJinko Power Technology Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Jinko Power Technology Co Ltd.

Jinko Power Technology Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Jinko Power Technology Co Ltd. The current atr is 0.08195937.

Jinko Power Technology Co Ltd Daily Average True Range (ATR) ChartJinko Power Technology Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Jinko Power Technology Co Ltd. The current obv is -69,449,624.

Jinko Power Technology Co Ltd Daily On-Balance Volume (OBV) ChartJinko Power Technology Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Jinko Power Technology Co Ltd. The current mfi is 21.87.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Jinko Power Technology Co Ltd Daily Money Flow Index (MFI) ChartJinko Power Technology Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Jinko Power Technology Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-29STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Jinko Power Technology Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Jinko Power Technology Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.611
Ma 20Greater thanMa 503.314
Ma 50Greater thanMa 1003.283
Ma 100Greater thanMa 2003.416
OpenGreater thanClose3.160
Total1/5 (20.0%)
Penke

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