Jinko Power Technology Co (SHSE:601778) Gross Margin %: 23.78% (As of Mar. 2026) — 40% Below Median

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SHSE:601778 Jinko Power Technology Co Ltd SHSE:601778
69 GF Score
Price ¥3.35
GF Value ¥2.73
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Jinko Power Technology Co Gross Margin %?

Jinko Power Technology Co SHSE:601778 -4.83% 69 Gross Margin % is 23.78% as of Mar. 2026, which is 40% below its 10-year median of 39.81. GuruFocus rates SHSE:601778 with a GF Score™ of 69/100 and a GF Value™ of ¥2.73 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, Jinko Power Technology Co ranks better than 63.12% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Jinko Power Technology Co's Gross Profit for the three months ended in Mar. 2026 was ¥139 Mil. Jinko Power Technology Co's Revenue for the three months ended in Mar. 2026 was ¥583 Mil. Therefore, Jinko Power Technology Co's Gross Margin % for the quarter that ended in Mar. 2026 was 23.78%.

Warning Sign:

Jinko Power Technology Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


The historical rank and industry rank for Jinko Power Technology Co's Gross Margin % or its related term are showing as below:

SHSE:601778' s Gross Margin % Range Over the Past 10 Years
Min: 32.83   Med: 39.81   Max: 48.28
Current: 42.65


During the past 11 years, the highest Gross Margin % of Jinko Power Technology Co was 48.28%. The lowest was 32.83%. And the median was 39.81%.

SHSE:601778's Gross Margin % is ranked better than
63.12% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs SHSE:601778: 42.65

Jinko Power Technology Co had a gross margin of 23.78% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jinko Power Technology Co was -2.20% per year.


Jinko Power Technology Co  (SHSE:601778) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Jinko Power Technology Co had a gross margin of 23.78% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Jinko Power Technology Co Gross Margin % Related Terms


Jinko Power Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Jinko Power Technology Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jinko Power Technology Co Gross Margin % Chart

Jinko Power Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.13 48.28 40.37 39.24 41.82

Jinko Power Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.87 48.43 51.91 37.37 23.78

Jinko Power Technology Co Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Jinko Power Technology Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jinko Power Technology Co Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jinko Power Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jinko Power Technology Co's Gross Margin % falls into.


SHSE:601778
69GF Score
Jinko Power Technology Co Ltd SHSE:601778
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jinko Power Technology Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Jinko Power Technology Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1631.1 / 3900.143
=(Revenue - Cost of Goods Sold) / Revenue
=(3900.143 - 2269.008) / 3900.143
=41.82 %

Jinko Power Technology Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=138.5 / 582.633
=(Revenue - Cost of Goods Sold) / Revenue
=(582.633 - 444.088) / 582.633
=23.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 23.78% mean?
Jinko Power Technology Co (SHSE:601778) has a Gross Margin % of 23.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jinko Power Technology Co and its competitors. This is 40% below median its historical median of 39.81. Over the past decade, Jinko Power Technology Co's Gross Margin % has ranged from 32.83 to 48.28. According to the industry distribution chart, Jinko Power Technology Co ranks #149 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 36.9%.
Is Jinko Power Technology Co's Gross Margin % too high?
Jinko Power Technology Co's current Gross Margin % of 23.78% is 40% below median its 10-year median of 39.81. Over the past 10 years, this metric has ranged from a low of 32.83 to a high of 48.28. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. Jinko Power Technology Co's value of 23.78% is 24.1% below this industry median. Based on the distribution chart, Jinko Power Technology Co ranks #149 out of 404 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Jinko Power Technology Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinko Power Technology Co's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Jinko Power Technology Co ranks #149 out of 404 companies for Gross Margin %. This puts Jinko Power Technology Co in the upper half of its industry. The industry median Gross Margin % is 31.32. Jinko Power Technology Co's value of 23.78% is 24.1% below this benchmark. Historically, Jinko Power Technology Co's own Gross Margin % has ranged from 32.83 to 48.28 over the past decade. While the company's 10-year median is 39.81 vs. the industry median of 31.32, Jinko Power Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jinko Power Technology Co's current Gross Margin % of 23.78% is 24.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Jinko Power Technology Co and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinko Power Technology Co's current Gross Margin % is 23.78%, which is 40% below median its own 10-year median of 39.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinko Power Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jinko Power Technology Co (SHSE:601778) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.73, compared to a current price of ¥3.35 — trading 22.7% above its estimated fair value. The current Gross Margin % is 23.78%, which is 40% below median its 10-year median of 39.81 and 24.1% below the Utilities - Independent Power Producers industry median of 31.32. Jinko Power Technology Co's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Jinko Power Technology Co (SHSE:601778), the current Gross Margin % is 23.78% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jinko Power Technology Co (SHSE:601778) Overvalued in 2026?

Based on GuruFocus' analysis, Jinko Power Technology Co stock appears to be overvalued. The current stock price of ¥3.35 is trading 22.7% above its estimated GF Value™ of ¥2.73. GuruFocus considers Jinko Power Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:601778:

  • Gross Margin %: 23.78% (40% below median its 10-year median of 39.81)
  • GF Value™: ¥2.73 vs. price of ¥3.35 (22.7% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 24.1% below the Utilities - Independent Power Producers median (#149 of 404)

No single metric tells the full story. See the SHSE:601778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinko Power Technology Co Business Description

Address 106 Xing\'an Avenue, 2nd Floor, Management Committee, Hengfeng County Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334300
Jinko Power Technology Co Ltd is a clean energy company specializing in the development, construction, operation and financing of solar power plants. The company designs, consults, integrates, manufactures, engineers, installs, and commissions solar photovoltaic power generation and its application system engineering; power generation system electronic products, solar building decoration materials, and solar lighting equipment service.
69GF Score

Get the complete analysis for SHSE:601778

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.35
Price
¥2.73
GF Value