Jinko Solar(SH:688223) Xin Lang Cai Jing·2025-10-13 03:42Core Viewpoint - JinkoSolar's stock experienced a decline of 2.59% on October 10, with a trading volume of 716 million yuan, indicating a challenging market environment for the company [1] Financing Summary - On October 10, JinkoSolar had a financing buy-in amount of 105 million yuan, with a net financing purchase of 16.03 million yuan after repayments [1] - The total financing balance reached 909 million yuan, accounting for 1.60% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high financing level [1] - In terms of securities lending, JinkoSolar had a repayment of 30,100 shares and a sell-out of 126,000 shares, with a sell-out amount of 711,900 yuan, and a remaining securities lending balance of 3.63 million yuan, also above the 80th percentile level over the past year [1] Financial Performance - For the first half of 2025, JinkoSolar reported a revenue of 31.83 billion yuan, a year-on-year decrease of 32.63%, and a net profit attributable to shareholders of -2.91 billion yuan, a significant decline of 342.38% [2] - Cumulatively, JinkoSolar has distributed a total of 3.355 billion yuan in dividends since its A-share listing, with 3.125 billion yuan distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, JinkoSolar had 74,200 shareholders, an increase of 0.89% from the previous period, with an average of 134,811 circulating shares per shareholder, a decrease of 0.88% [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 438 million shares, an increase of 57.21 million shares from the previous period [3] - The fourth-largest circulating shareholder is Huaxia SSE STAR 50 ETF, holding 220 million shares, a decrease of 5.7367 million shares from the previous period [3]