JinkoSolar Net Profit Margin from 2010 to 2024
| JKS Stock | USD 27.69 0.30 1.10% |
Net Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.02904857 | Current Value 0.0306 | Quarterly Volatility 0.09580164 |
Check JinkoSolar Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JinkoSolar Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.6 B, Interest Expense of 1.1 B or Selling General Administrative of 4.8 B, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0329 or PTB Ratio of 0.64. JinkoSolar financial statements analysis is a perfect complement when working with JinkoSolar Holding Valuation or Volatility modules.
JinkoSolar | Net Profit Margin |
Latest JinkoSolar Holding's Net Profit Margin Growth Pattern
Below is the plot of the Net Profit Margin of JinkoSolar Holding over the last few years. It is the percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue. JinkoSolar Holding's Net Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JinkoSolar Holding's overall financial position and show how it may be relating to other accounts over time.
| Net Profit Margin | 10 Years Trend |
|
Net Profit Margin |
| Timeline |
JinkoSolar Net Profit Margin Regression Statistics
| Arithmetic Mean | 0.01 | |
| Coefficient Of Variation | 899.19 | |
| Mean Deviation | 0.05 | |
| Median | 0.03 | |
| Standard Deviation | 0.1 | |
| Sample Variance | 0.01 | |
| Range | 0.4289 | |
| R-Value | 0.13 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.02 | |
| Significance | 0.65 | |
| Slope | 0 | |
| Total Sum of Squares | 0.13 |
JinkoSolar Net Profit Margin History
About JinkoSolar Holding Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include JinkoSolar Holding income statement, its balance sheet, and the statement of cash flows. JinkoSolar Holding investors use historical funamental indicators, such as JinkoSolar Holding's Net Profit Margin, to determine how well the company is positioned to perform in the future. Although JinkoSolar Holding investors may use each financial statement separately, they are all related. The changes in JinkoSolar Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JinkoSolar Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JinkoSolar Holding Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JinkoSolar Holding. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Profit Margin | 0.03 | 0.03 |
Pair Trading with JinkoSolar Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JinkoSolar Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JinkoSolar Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with JinkoSolar Stock
The ability to find closely correlated positions to JinkoSolar Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JinkoSolar Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JinkoSolar Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JinkoSolar Holding to buy it.
The correlation of JinkoSolar Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JinkoSolar Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JinkoSolar Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JinkoSolar Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for JinkoSolar Stock Analysis
When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.