晶科能源11月4日获融资买入4851.46万元，融资余额7.80亿元

Core Insights - JinkoSolar's stock declined by 2.78% on November 4, with a trading volume of 706 million yuan, indicating a negative market sentiment towards the company [1] - The company experienced a net financing outflow of 2.02 million yuan on the same day, suggesting reduced investor confidence [1] - As of November 4, the total margin balance for JinkoSolar was 784 million yuan, which is high compared to historical levels [1] Financing and Margin Trading - On November 4, JinkoSolar had a financing buy-in of 48.51 million yuan, while the financing balance stood at 780 million yuan, accounting for 1.31% of its market capitalization [1] - The financing balance is above the 80th percentile of the past year, indicating a high level of leverage [1] - In terms of short selling, JinkoSolar repaid 96,300 shares and sold 44,700 shares on November 4, with a short selling amount of 265,500 yuan [1] Company Performance - As of September 30, JinkoSolar had 77,300 shareholders, an increase of 4.14% from the previous period, while the average number of circulating shares per shareholder decreased by 3.97% [2] - For the period from January to September 2025, JinkoSolar reported a revenue of 47.986 billion yuan, a year-on-year decrease of 33.14%, and a net profit attributable to shareholders of -3.92 billion yuan, a significant decline of 422.67% [2] Dividend and Shareholding Structure - Since its A-share listing, JinkoSolar has distributed a total of 3.355 billion yuan in dividends, with 3.125 billion yuan distributed over the last three years [3] - As of September 30, 2025, the second-largest circulating shareholder was Hong Kong Central Clearing Limited, holding 306 million shares, a decrease of 132 million shares from the previous period [3] - Other significant shareholders, such as E Fund and Huaxia, also reduced their holdings, indicating a trend of decreasing institutional investment [3]