# JinkoSolar Subsidiary Estimates Nine-Month Net Loss of Up to RMB3.58 Billion

- URL: https://stocks.freetheai.org/news/jinkosolar-subsidiary-estimates-nine-month-net-loss-of-up-to-rmb3-58-billion-6c66cf
- Published: 2026-10-16T10:00:00Z
- Category: earnings; sentiment: bearish; impact: medium
- Symbols: [NYSE:JKS](https://stocks.freetheai.org/symbols/NYSE-JKS), [SSE:688223](https://stocks.freetheai.org/symbols/SSE-688223)
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JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. (SSE:688223), published preliminary financial estimates for the nine months ended September 30, 2026. The subsidiary expects an estimated net loss attributable to shareholders between RMB2,976.33 million and RMB3,576.33 million. Excluding extraordinary gains and losses, the estimated net loss ranges from RMB3,811.12 million to RMB4,411.12 million.

JinkoSolar holds an equity interest of approximately 54.32% in the Shanghai-listed subsidiary, which serves as its primary operating arm. However, the subsidiary's standalone numbers differ from JinkoSolar's overall consolidated financial statements. The subsidiary prepares its figures using PRC GAAP, whereas JinkoSolar reports consolidated results using U.S. GAAP and includes financial performance from additional subsidiaries.

Investors should exercise caution when evaluating these preliminary figures, as standalone numbers for the subsidiary do not directly reflect JinkoSolar's full financial position. Market participants will be watching for JinkoSolar's upcoming consolidated earnings report under U.S. GAAP to gauge the holding company's total performance across all global operations.

## Key points

- Jinko Solar Co., Ltd. estimates a nine-month net loss attributable to shareholders of RMB2,976.33 million to RMB3,576.33 million.
- Excluding extraordinary items, the subsidiary's net loss estimate ranges between RMB3,811.12 million and RMB4,411.12 million.
- JinkoSolar Holding Co., Ltd. owns approximately 54.32% of the principal operating subsidiary.
- Results for the subsidiary use PRC GAAP, while JinkoSolar reports consolidated figures under U.S. GAAP.

## Questions and answers

### What net loss did JinkoSolar's subsidiary report for the first nine months of 2026?

Jinko Solar Co., Ltd. estimated a net loss attributable to shareholders between RMB2,976.33 million and RMB3,576.33 million for the nine months ended September 30, 2026.

### How much of Jinko Solar Co., Ltd. does JinkoSolar Holding Co., Ltd. own?

JinkoSolar Holding Co., Ltd. holds an equity interest of approximately 54.32% in its subsidiary Jinko Solar Co., Ltd.

### Why do the subsidiary's financial results differ from JinkoSolar's consolidated results?

The subsidiary's results cover only its own scope under PRC GAAP, while JinkoSolar's consolidated results include all global subsidiaries and follow U.S. GAAP accounting principles.