Jinko Holdings Ltd (JKS) Form 6-K — Oct 30, 2026
Jinko Holdings (NYSE: JKS) reported Q3 2026 revenue of RMB13.62 billion (US$2.03 billion), down 15.7% year-over-year but up 10.2% sequentially, with module shipments of 15.0 GW. Gross margin surged to 12.3% from 4.2% in Q2, and net loss attributable to shareholders narrowed sharply to RMB170.0 million from RMB697.3 million the prior quarter, with adjusted net loss nearly at breakeven at RMB7.9 million. The company guided Q4 2026 module shipments to 16-18 GW and full-year 2026 energy storage shipments of approximately 10 GWh, after recognizing 1.75 GWh of ESS shipments as revenue in the quarter, matching all of 2025.
Key figures
- Eps
- RMB0.80 loss per ordinary share (US$0.12); RMB3.20 (US$0.48) loss per ADS
- Revenue
- RMB13.62 billion (US$2.03 billion)
- Guidance
- Q4 2026 module shipments of 16-18 GW; FY2026 ESS shipments of approximately 10 GWh on a proof-of-delivery basis
- Net Income
- Net loss attributable to shareholders of RMB170.0 million (US$25.4 million)
- Total Debt
- RMB45.15 billion (US$6.73 billion) total interest-bearing debt
- Total Assets
- RMB115.90 billion (US$17.29 billion)
- Cash Position
- RMB15.56 billion (US$2.32 billion) in cash, cash equivalents, and restricted cash
- Gross margin
- 12.3% vs 4.2% in Q2 2026 and 7.3% in Q3 2025
- Gross profit
- RMB1.67 billion (US$249.3 million), up 225.7% sequentially and 41.4% YoY
- Operating loss
- RMB80.0 million (US$11.9 million)
- Module shipments
- 15,003 MW, down 25.0% YoY
- Adjusted net loss
- RMB7.9 million (US$1.2 million) vs RMB906.2 million in Q2 2026
- Ess shipments recognized
- 1.75 GWh
- Q3 strategic investments
- RMB330 million total (RMB254 million company capital)
- Strategic portfolio fair value
- RMB2.05 billion (US$305.1 million)
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