晶科能源2025年净利预亏59亿—69亿元，同比转亏

Core Viewpoint - JinkoSolar (688223) expects a significant decline in net profit for 2025, projecting a loss between 6.9 billion to 5.9 billion yuan, following a modest profit of approximately 98.93 million yuan in 2024, indicating a year-on-year shift to a loss in 2025 [1] Group 1: Financial Performance - The company attributes the anticipated losses to increased price volatility in the global photovoltaic industry and trade protection policies affecting overseas markets, which have pressured profitability across the integrated photovoltaic component supply chain [1] - JinkoSolar's high-power product shipment ratio remains low, and the company is conducting impairment tests on long-term assets, which will lead to asset impairment provisions affecting overall performance [1] Group 2: Strategic Moves - JinkoSolar's subsidiary, JinkoSolar (Haining) Co., Ltd., plans to introduce strategic investors for a capital increase of up to 3 billion yuan, primarily aimed at repaying financial and operational debts [1] Group 3: Market Performance - The company's stock price has seen a decline, with a cumulative drop of 13.44% over the trading period from January 13 to January 21, closing at 5.54 yuan per share, resulting in a total market capitalization of approximately 55.43 billion yuan [1]