Jinko Power Technology vs Canadian Solar Which Is More Profitable?
Jinko Power Technology and Canadian Solar are two major players in the renewable energy sector, particularly in the solar power industry. Both companies are renowned for their high-quality products, advanced technology, and strong track records of success. Investors interested in the green energy market often consider these stocks due to their potential for growth and profitability. In this comparison, we will explore the similarities and differences between Jinko Power Technology and Canadian Solar, analyzing key factors such as financial performance, market share, and sustainability practices.
Jinko Power Technology or Canadian Solar?
When comparing Jinko Power Technology and Canadian Solar, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Jinko Power Technology and Canadian Solar.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Jinko Power Technology has a dividend yield of 0.34%, while Canadian Solar has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Jinko Power Technology reports a 5-year dividend growth of 0.00% year and a payout ratio of 153.01%. On the other hand, Canadian Solar reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Jinko Power Technology P/E ratio at 53.48 and Canadian Solar's P/E ratio at 22.78. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Jinko Power Technology P/B ratio is 0.73 while Canadian Solar's P/B ratio is 0.31.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Jinko Power Technology has seen a 5-year revenue growth of -0.66%, while Canadian Solar's is 0.90%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Jinko Power Technology's ROE at 1.37% and Canadian Solar's ROE at 1.43%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ¥3.21 for Jinko Power Technology and $11.90 for Canadian Solar. Over the past year, Jinko Power Technology's prices ranged from ¥2.10 to ¥3.75, with a yearly change of 78.57%. Canadian Solar's prices fluctuated between $11.41 and $26.85, with a yearly change of 135.32%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.