JinkoSolar: Deep Value Opportunity, Despite Balance Sheet Concerns
JinkoSolar(JKS) Seeking Alpha·2024-07-16 08:35
xijian JinkoSolar (NYSE:JKS) may look unattractive at the moment based on its balance sheet and a lack of enthusiasm for the stock in the market, but I think there is potentially a deep value opportunity here that could make for a highly successful investment over the long term. Many of its valuation multiples are significantly contracted compared to historical levels, and its price-to-book ratio is currently under 0.5. Furthermore, management has expressed that it is actively working to improve its deb ...