Jinko Solar .... a 10-Bagger in Front?

9 set

JKS

In my Eyes Jinko Solar could be one of the next 10-Baggers (not an investment advice):

Positive:
Sales up 420% in 6 years, but stock ist down 81% (!)
Profit pretax 2023 was higher than Market Cap now (!...!)
Dividend 2023 was 4%
Price to sales only 0.06 ..... (!)
Price near IPO of 2010 (!)
Almost always proftable!
Return on Equity and ROIC always positive!
Worldmarket Leader Solar WITH 16B sales
Several Factories around the world, also in US (in case of more Import taxes in US).
Solar will boom extremly in coming years as there is no cheaper Source of energy now!
With Solar and Wind you need NO Fuels(!) All other source of energy will need something like Gas, Uran, Oil, Coal etc. PERMANENTLY and Solar Panels last min 25 years with almost NO maintenance costs!
All drivers of EV dream of having own Solar on Roof to drive free without paying for Gas!
And EV will be the major share vehicles on the streets in comming Years WHICH WILL BOOST SOLAR IN TANDEM!

Negative:
Not much loved Chinese Stock
Closely held by management is only 0.48%
Net Dept 3.75B
FCF negativ past years (!)
Very competitive Solar Rooftop Market with maybe toooo many suppliers

12 set

Trade attivo

Short Time Wedge breakout was yesterday ........

15 set

Trade attivo

Bullish Engulving weekly last week after Hammer weekly two week ago (!)

VERY BULLISH NOW

15 set

Trade attivo

and MACD makes BIG bullish Divergence sind many weeks!