Jinko Solar Co (SHSE:688223) 3-Year ROIIC % : -110.73% (As of Dec. 2025)

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SHSE:688223 Jinko Solar Co Ltd SHSE:688223
79 GF Score
Price ¥4.49
GF Value ¥5.03
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Jinko Solar Co 3-Year ROIIC %?

Jinko Solar Co SHSE:688223 +1.13% 79 3-Year ROIIC % is -110.73 as of Dec. 2025. GuruFocus rates SHSE:688223 with a GF Score™ of 79/100 and a GF Value™ of ¥5.03 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 995 Semiconductors companies, Jinko Solar Co ranks worse than 91.46% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Jinko Solar Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -110.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Jinko Solar Co's 3-Year ROIIC % or its related term are showing as below:

SHSE:688223's 3-Year ROIIC % is ranked worse than
91.46% of 995 companies
in the Semiconductors industry
Industry Median: -0.18 vs SHSE:688223: -110.73

Jinko Solar Co  (SHSE:688223) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Jinko Solar Co 3-Year ROIIC % Related Terms


Jinko Solar Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Jinko Solar Co's 3-Year ROIIC % 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 Solar Co 3-Year ROIIC % Chart

Jinko Solar Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.54 5.54 16.30 0.00 -110.73

Jinko Solar Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 -110.73 0.00

SHSE:688223 vs FSLR, NXT, ENPH: 3-Year ROIIC % Comparison

For the Solar subindustry, Jinko Solar Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 Solar Co 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Jinko Solar Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Jinko Solar Co's 3-Year ROIIC % falls into.


SHSE:688223
79GF Score
Jinko Solar Co Ltd SHSE:688223
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinko Solar Co 3-Year ROIIC % Calculation

Jinko Solar Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -3502.3876221 (Dec. 2025) - 3975.6707126 (Dec. 2022) )/( 69289.395 (Dec. 2025) - 62536.117 (Dec. 2022) )
=-7478.0583347/6753.278
=-110.73%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -110.73 mean?
Jinko Solar Co (SHSE:688223) has a 3-Year ROIIC % of -110.73 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Jinko Solar Co and its competitors. According to the industry distribution chart, Jinko Solar Co ranks #910 out of 995 companies in the Semiconductors industry, placing it in the top 91.5%.
Is Jinko Solar Co's 3-Year ROIIC % too high?
Jinko Solar Co's current 3-Year ROIIC % is -110.73. Based on the distribution chart, Jinko Solar Co ranks #910 out of 995 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Jinko Solar Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinko Solar Co's 3-Year ROIIC % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Jinko Solar Co ranks #910 out of 995 companies for 3-Year ROIIC %. This places Jinko Solar Co in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Jinko Solar Co and its competitors. Jinko Solar Co's current 3-Year ROIIC % is -110.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinko Solar Co stock overvalued right now?
Based on GuruFocus' analysis, Jinko Solar Co (SHSE:688223) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.03, compared to a current price of ¥4.49 — trading 10.7% below its estimated fair value. The current 3-Year ROIIC % is -110.73. Jinko Solar Co's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Jinko Solar Co (SHSE:688223), the current 3-Year ROIIC % is -110.73 as of Dec. 2025. 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 Solar Co (SHSE:688223) Overvalued in 2026?

Based on GuruFocus' analysis, Jinko Solar Co stock appears to be undervalued. The current stock price of ¥4.49 is trading 10.7% below its estimated GF Value™ of ¥5.03. GuruFocus considers Jinko Solar Co to be Modestly Undervalued.

Key valuation signals for SHSE:688223:

  • 3-Year ROIIC %: -110.73
  • GF Value™: ¥5.03 vs. price of ¥4.49 (10.7% below fair value)
  • GF Score™: 79/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinko Solar Co Business Description

Address No. 1, Lane 1466, Shenchang Road, Jinko Center, Minhang District, Shanghai, CHN, 201106
Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2025. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.
79GF Score

Get the complete analysis for SHSE:688223

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

¥4.49
Price
¥5.03
GF Value