JinkoSolar Holdings Co. (NYSE: JKS) reported third quarter 2020 earnings results today.
Total revenues rose 17.2% year-over-year to RMB8.77 billion, or $1.29 billion, helped by higher shipments of solar modules.
Net income attributable to ordinary shareholders was RMB6.9 million, or $1 million, compared to RMB 363.6 million in the prior-year period. Diluted loss per ADS was RMB6.20, or $0.91.
Adjusted net income was RMB321.4 million, or $47.3 million, compared to RMB301.2 million last year. Adjusted diluted earnings per ADS was RMB7.22, or $1.06.
Total solar module shipments during the quarter totaled 5,117 MW.
For the fourth quarter of 2020, JinkoSolar expects total solar module shipments to be 5.5 GW to 6.0 GW. Total revenue is expected to range between $1.31 billion and $1.43 billion.
For full year 2020, the company estimates total solar module shipments to be 18.5 GW to 19 GW.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
