JinkoSolar Holding Co., Ltd. (NYSE:JKS) is a global company that produces solar products like modules, cells, and wafers. On April 29, 2026, the company reported its unaudited financial results for the first quarter of the year. The announcement was made before the U.S. markets opened for trading.
JKS announced an earnings per share (EPS) of -$1.77. This result surpassed the analyst consensus estimate, which had predicted a larger loss of -$2.32 per share. EPS is a measure of a company's profit divided by its number of common shares, with a negative value indicating a net loss.
Despite the better-than-expected EPS, the company's revenue did not meet expectations. JKS reported revenue of $1.72 billion, falling short of the estimated $2.03 billion. This performance follows a difficult prior quarter, where the company reported a GAAP loss of $214.50 million for Q4 2025.
The company's financial metrics reflect its recent struggles. It has a negative trailing price-to-earnings (P/E) ratio of -0.45, which occurs when a company has negative earnings over the past year. This is supported by a negative earnings yield of -2.21 over the same period.
These results come as the company faces a securities fraud investigation by the law firm Levi & Korsinsky, as highlighted by GlobeNewswire. The investigation questions whether executives misled investors. The company also operates with significant debt, shown by a high debt-to-equity ratio of 3.38.
