JinkoSolar vs Canadian Solar Which Is More Favorable?

JinkoSolar and Canadian Solar are two of the leading solar energy companies in the world. Both companies specialize in the design, development, and manufacturing of solar panels and related products. While JinkoSolar has a strong presence in the global market with a focus on high-efficiency modules, Canadian Solar is known for its diversified portfolio and strong project development capabilities. Investors often compare these two stocks to determine which company offers better growth potential and returns in the burgeoning renewable energy sector.

JinkoSolar or Canadian Solar?

When comparing JinkoSolar 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 JinkoSolar 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. JinkoSolar has a dividend yield of 0.73%, while Canadian Solar has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. JinkoSolar reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. 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 JinkoSolar P/E ratio at 18.56 and Canadian Solar's P/E ratio at 1114.67. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. JinkoSolar P/B ratio is 0.52 while Canadian Solar's P/B ratio is 0.30.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, JinkoSolar has seen a 5-year revenue growth of 2.22%, while Canadian Solar's is 0.90%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with JinkoSolar's ROE at 2.74% and Canadian Solar's ROE at 0.03%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $27.05 for JinkoSolar and $12.49 for Canadian Solar. Over the past year, JinkoSolar's prices ranged from $16.70 to $38.37, with a yearly change of 129.76%. Canadian Solar's prices fluctuated between $10.91 and $26.85, with a yearly change of 146.10%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.