2 weeks Ago By ABMN Staff
JinkoSolar ( NYSE:JKS – Get Free Report ) and ASE Technology ( NYSE:ASX – Get Free Report ) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, valuation, profitability and analyst recommendations. Analyst Ratings This is a breakdown of recent recommendations for JinkoSolar and ASE Technology, as provided by MarketBeat.com.
JinkoSolar currently has a consensus target price of $24.60, suggesting a potential upside of 5.99%.
Given JinkoSolar’s higher possible upside, equities analysts plainly believe JinkoSolar is more favorable than ASE Technology. Dividends Risk & Volatility JinkoSolar has a beta of 0.4, indicating that its stock price is 60% less volatile than the S&P 500.
Comparatively, ASE Technology has a beta of 1.22, indicating that its stock price is 22% more volatile than the S&P 500. Valuation & Earnings This table compares JinkoSolar and ASE Technology”s gross revenue, earnings per share (EPS) and valuation.
ASE Technology has higher revenue and earnings than JinkoSolar. JinkoSolar is trading at a lower price-to-earnings ratio than ASE Technology, indicating that it is currently the more affordable of the two stocks. Profitability This table compares JinkoSolar and ASE Technology’s net margins, return on equity and return on assets.
Insider & Institutional Ownership 35.8% of JinkoSolar shares are held by institutional investors. Comparatively, 6.
8% of ASE Technology shares are held by institutional investors. 19.8% of JinkoSolar shares are held by insiders.
Comparatively, 22.9% of ASE Technology shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary ASE Technology beats JinkoSolar on 11 of the 16 factors compared between the two stocks. About JinkoSolar ( Get Free Report ) JinkoSolar Holding Co., Ltd.
, together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects.
The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2023, it had an integrated annual capacity of 85 gigawatts (GW) for mono wafers; 90 GW for solar cells; and 110 GW for solar modules. It operates in China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, Germany, and internationally.
JinkoSolar Holding Co., Ltd. was founded in 2006 and is headquartered in Shangrao, the People's Republic of China.
About ASE Technology ( Get Free Report ) ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.
It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. ASE Technology Holding Co., Ltd.
was founded in 1984 and is based in Kaohsiung, Taiwan. Receive News & Ratings for JinkoSolar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JinkoSolar and related companies with MarketBeat.com's FREE daily email newsletter .
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