JinkoSolar Releases 2024 Semi-Annual Report: Revenue Down, N-Type Modules Surge to 80% of Shipments

SMM News on August 30: "#Leading Photovoltaic Company Releases Its Semi-Annual Report for 2024#

In the first half of 2024, JinkoSolar achieved an operating revenue of RMB 47.251 billion, a year-on-year decrease of 11.88%, and a net profit attributable to shareholders of the listed company of RMB 1.2 billion, a year-on-year decrease of 68.77%.

During the first half of 2024, JinkoSolar sold approximately 43.8GW of photovoltaic module products globally, with N-type modules accounting for approximately 35.9GW (over 80% of the total). During the reporting period, approximately 65% of the company's module shipments were destined for overseas markets, contributing to approximately 71% of its overseas revenue. As of the second quarter of 2024, JinkoSolar's cumulative module shipments reached approximately 260GW. According to its production capacity planning, by the end of 2024, JinkoSolar's production capacity for monocrystalline silicon wafers, cells, and modules will reach approximately 120GW, 95GW, and 130GW, respectively.