Jinko Solar(SH:688223) Xin Lang Cai Jing·2025-11-21 01:26Core Viewpoint - JinkoSolar's stock experienced a decline of 4.71% on November 20, with a trading volume of 749 million yuan, indicating market volatility and investor sentiment concerns [1] Financing Summary - On November 20, JinkoSolar had a financing buy-in amount of 76.08 million yuan, with a net financing buy of 3.38 million yuan after repayments [1] - The total financing balance reached 921 million yuan, accounting for 1.57% of the circulating market value, which is above the 90th percentile of the past year, indicating a high level of financing activity [1] - In terms of securities lending, JinkoSolar had a repayment of 48,700 shares and a sell-out of 128,700 shares, with a sell-out amount of 755,500 yuan, while the securities lending balance was 3.60 million yuan, also above the 80th percentile of the past year [1] Company Performance - As of September 30, JinkoSolar reported a total of 77,300 shareholders, an increase of 4.14% from the previous period, while the average circulating shares per person decreased by 3.97% to 129,456 shares [2] - For the period from January to September 2025, JinkoSolar achieved operating 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 year-on-year decrease of 422.67% [2] Dividend and Shareholding Summary - 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 past 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] - The sixth-largest circulating shareholder, E Fund SSE STAR 50 ETF, held 147 million shares, down by 18.24 million shares, while the eighth-largest shareholder, Huaxia SSE STAR 50 Index ETF, held 141 million shares, a decrease of 78.89 million shares [3]