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JKS vs ARRY
Revenue, margins, valuation, and 5-year total return — side by side.
Solar
JKS vs ARRY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Solar | Solar |
| Market Cap | $306M | $1.25B |
| Revenue (TTM) | $75.16B | $1.21B |
| Net Income (TTM) | $-2.52B | $-67M |
| Gross Margin | 7.3% | 22.4% |
| Operating Margin | -8.2% | 4.5% |
| Forward P/E | — | 11.7x |
| Total Debt | $53.16B | $766M |
| Cash & Equiv. | $22.95B | $244M |
JKS vs ARRY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 20 | May 26 | Return |
|---|---|---|---|
| JinkoSolar Holding … (JKS) | 100 | 40.0 | -60.0% |
| Array Technologies,… (ARRY) | 100 | 22.3 | -77.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: JKS vs ARRY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
JKS carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 0 yrs, beta 1.39, yield 23.5%
- 40.8% 10Y total return vs ARRY's -77.5%
- Lower volatility, beta 1.39, current ratio 1.25x
ARRY is the clearest fit if your priority is growth exposure.
- Rev growth 40.2%, EPS growth 62.6%, 3Y rev CAGR -7.8%
- 40.2% revenue growth vs JKS's -30.9%
- +62.7% vs JKS's +37.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.2% revenue growth vs JKS's -30.9% | |
| Quality / Margins | -3.4% margin vs ARRY's -5.6% | |
| Stability / Safety | Beta 1.39 vs ARRY's 2.32, lower leverage | |
| Dividends | 23.5% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +62.7% vs JKS's +37.1% | |
| Efficiency (ROA) | -2.0% ROA vs ARRY's -4.4%, ROIC -9.2% vs 9.0% |
JKS vs ARRY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
JKS vs ARRY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ARRY leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
JKS is the larger business by revenue, generating $75.2B annually — 62.4x ARRY's $1.2B. Profitability is closely matched — net margins range from -3.4% (JKS) to -5.6% (ARRY). On growth, ARRY holds the edge at -26.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $75.2B | $1.2B |
| EBITDAEarnings before interest/tax | -$3.8B | $95M |
| Net IncomeAfter-tax profit | -$2.5B | -$67M |
| Free Cash FlowCash after capex | $0 | $58M |
| Gross MarginGross profit ÷ Revenue | +7.3% | +22.4% |
| Operating MarginEBIT ÷ Revenue | -8.2% | +4.5% |
| Net MarginNet income ÷ Revenue | -3.4% | -5.6% |
| FCF MarginFCF ÷ Revenue | -3.5% | +4.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | -34.1% | -26.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -33.5% | -7.0% |
Valuation Metrics
JKS leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $306M | $1.3B |
| Enterprise ValueMkt cap + debt − cash | $4.7B | $1.8B |
| Trailing P/EPrice ÷ TTM EPS | -0.48x | -11.23x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 11.75x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 13.50x |
| Price / SalesMarket cap ÷ Revenue | 0.03x | 0.98x |
| Price / BookPrice ÷ Book value/share | 0.07x | 4.80x |
| Price / FCFMarket cap ÷ FCF | — | 15.72x |
Profitability & Efficiency
ARRY leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
JKS delivers a -7.7% return on equity — every $100 of shareholder capital generates $-8 in annual profit, vs $-21 for ARRY. JKS carries lower financial leverage with a 1.93x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARRY's 2.94x. On the Piotroski fundamental quality scale (0–9), ARRY scores 5/9 vs JKS's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -7.7% | -20.6% |
| ROA (TTM)Return on assets | -2.0% | -4.4% |
| ROICReturn on invested capital | -9.2% | +9.0% |
| ROCEReturn on capital employed | -10.3% | +8.2% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 |
| Debt / EquityFinancial leverage | 1.93x | 2.94x |
| Net DebtTotal debt minus cash | $30.2B | $522M |
| Cash & Equiv.Liquid assets | $23.0B | $244M |
| Total DebtShort + long-term debt | $53.2B | $766M |
| Interest CoverageEBIT ÷ Interest expense | -2.92x | -2.42x |
Total Returns (Dividends Reinvested)
JKS leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in JKS five years ago would be worth $8,516 today (with dividends reinvested), compared to $3,233 for ARRY. Over the past 12 months, ARRY leads with a +62.7% total return vs JKS's +37.1%. The 3-year compound annual growth rate (CAGR) favors JKS at -16.5% vs ARRY's -24.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -16.5% | -15.3% |
| 1-Year ReturnPast 12 months | +37.1% | +62.7% |
| 3-Year ReturnCumulative with dividends | -41.7% | -56.1% |
| 5-Year ReturnCumulative with dividends | -14.8% | -67.7% |
| 10-Year ReturnCumulative with dividends | +40.8% | -77.5% |
| CAGR (3Y)Annualised 3-year return | -16.5% | -24.0% |
Risk & Volatility
JKS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
JKS is the less volatile stock with a 1.39 beta — it tends to amplify market swings less than ARRY's 2.32 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. JKS currently trades 73.2% from its 52-week high vs ARRY's 67.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 2.32x |
| 52-Week HighHighest price in past year | $31.88 | $12.23 |
| 52-Week LowLowest price in past year | $17.41 | $4.92 |
| % of 52W HighCurrent price vs 52-week peak | +73.2% | +67.0% |
| RSI (14)Momentum oscillator 0–100 | 51.4 | 56.4 |
| Avg Volume (50D)Average daily shares traded | 597K | 6.0M |
Analyst Outlook
ARRY leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates JKS as "Buy" and ARRY as "Buy". Consensus price targets imply 11.8% upside for ARRY (target: $9) vs 2.8% for JKS (target: $24). JKS is the only dividend payer here at 23.53% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $24.00 | $9.17 |
| # AnalystsCovering analysts | 22 | 28 |
| Dividend YieldAnnual dividend ÷ price | +23.5% | — |
| Dividend StreakConsecutive years of raises | 0 | 1 |
| Dividend / ShareAnnual DPS | $37.37 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | 0.0% |
ARRY leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). JKS leads in 3 (Valuation Metrics, Total Returns).
JKS vs ARRY: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is JKS or ARRY a better buy right now?
For growth investors, Array Technologies, Inc.
(ARRY) is the stronger pick with 40. 2% revenue growth year-over-year, versus -30. 9% for JinkoSolar Holding Co. , Ltd. (JKS). Analysts rate JinkoSolar Holding Co. , Ltd. (JKS) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — JKS or ARRY?
Over the past 5 years, JinkoSolar Holding Co.
, Ltd. (JKS) delivered a total return of -14. 8%, compared to -67. 7% for Array Technologies, Inc. (ARRY). Over 10 years, the gap is even starker: JKS returned +40. 8% versus ARRY's -77. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — JKS or ARRY?
By beta (market sensitivity over 5 years), JinkoSolar Holding Co.
, Ltd. (JKS) is the lower-risk stock at 1. 39β versus Array Technologies, Inc. 's 2. 32β — meaning ARRY is approximately 67% more volatile than JKS relative to the S&P 500. On balance sheet safety, JinkoSolar Holding Co. , Ltd. (JKS) carries a lower debt/equity ratio of 193% versus 3% for Array Technologies, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — JKS or ARRY?
By revenue growth (latest reported year), Array Technologies, Inc.
(ARRY) is pulling ahead at 40. 2% versus -30. 9% for JinkoSolar Holding Co. , Ltd. (JKS). On earnings-per-share growth, the picture is similar: Array Technologies, Inc. grew EPS 62. 6% year-over-year, compared to -1540. 3% for JinkoSolar Holding Co. , Ltd.. Over a 3-year CAGR, ARRY leads at -7. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — JKS or ARRY?
Array Technologies, Inc.
(ARRY) is the more profitable company, earning -4. 1% net margin versus -6. 8% for JinkoSolar Holding Co. , Ltd. — meaning it keeps -4. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ARRY leads at 6. 6% versus -11. 1% for JKS. At the gross margin level — before operating expenses — ARRY leads at 21. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is JKS or ARRY more undervalued right now?
Analyst consensus price targets imply the most upside for ARRY: 11.
8% to $9. 17.
07Which pays a better dividend — JKS or ARRY?
In this comparison, JKS (23.
5% yield) pays a dividend. ARRY does not pay a meaningful dividend and should not be held primarily for income.
08Is JKS or ARRY better for a retirement portfolio?
For long-horizon retirement investors, JinkoSolar Holding Co.
, Ltd. (JKS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (23. 5% yield). Array Technologies, Inc. (ARRY) carries a higher beta of 2. 32 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (JKS: +40. 8%, ARRY: -77. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between JKS and ARRY?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: JKS is a small-cap income-oriented stock; ARRY is a small-cap high-growth stock. JKS pays a dividend while ARRY does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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