Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
JinkoSolar Holding Co., Ltd. is a vertically integrated solar photovoltaic (PV) company primarily engaged in the design, manufacture, and sale of solar modules, as well as upstream solar cells, wafers, and ingots. The company operates within the renewable energy and solar power generation equipment industries, serving utility-scale, commercial, and residential customers. Its core revenue driver is the sale of solar modules, which historically account for the majority of total revenue, with additional contributions from solar cells, wafers, and energy storage-related offerings.
Founded in 2006, JinkoSolar has evolved from a China-based solar manufacturer into one of the world’s largest PV module suppliers by shipment volume. The company’s competitive positioning is anchored in large-scale manufacturing, cost leadership, and proprietary technology development, particularly in high-efficiency N-type TOPCon solar cells. Over time, JinkoSolar has expanded its product portfolio and global customer base, aligning its strategy with global decarbonization and energy transition trends.
Business Operations
JinkoSolar operates through integrated manufacturing and sales operations encompassing ingots, wafers, solar cells, and solar modules, enabling tight control over cost, quality, and supply chain resilience. Revenue is generated primarily through module sales to project developers, utilities, distributors, and EPC contractors, with additional revenue from upstream component sales. The company also offers limited energy storage solutions and system-related products as part of broader solar deployment needs.
Operations span both domestic and international markets, with manufacturing facilities located mainly in China and additional capacity in Vietnam, Malaysia, and the United States. JinkoSolar controls advanced production technologies, including large-format wafers and N-type TOPCon cell processes, and operates through key subsidiaries such as JinkoSolar Co., Ltd., which is listed on the Shanghai Stock Exchange. The company maintains long-term relationships with global utilities and developers, supporting recurring demand.
Strategic Position & Investments
JinkoSolar’s strategy focuses on technology leadership, capacity expansion, and global market penetration. The company has made significant investments in N-type TOPCon technology, aiming to improve conversion efficiency and reduce levelized cost of electricity for customers. Capital expenditures have been directed toward expanding high-efficiency cell and module capacity and upgrading existing production lines to maintain competitiveness.
Strategically, JinkoSolar leverages its listed subsidiary JinkoSolar Co., Ltd. as a platform for domestic financing and expansion within China, while the holding company maintains global sales and international manufacturing investments. The company has also invested in research and development related to next-generation PV technologies and energy storage integration, positioning itself for long-term participation in emerging clean energy solutions.
Geographic Footprint
JinkoSolar is headquartered in Shanghai, China, and operates one of the most geographically diversified footprints in the global solar industry. Its primary markets include China, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, reflecting broad exposure to both mature and emerging solar markets.
Manufacturing and assembly facilities across Asia and North America support localized supply chains and trade compliance, while sales and service offices across multiple continents enable direct engagement with customers and project developers. This global presence allows JinkoSolar to mitigate regional policy risks and align capacity with demand growth across different markets.
Leadership & Governance
JinkoSolar was founded by Kangping Chen, who continues to play a central role in shaping the company’s long-term strategy and operational culture. Leadership emphasizes scale efficiency, technology innovation, and disciplined capital allocation to sustain global competitiveness in a cyclical industry.
Key executives include:
- Kangping Chen – Chairman of the Board and Chief Executive Officer
- Jinsheng Li – Chief Marketing Officer
- Dan Li – Chief Financial Officer
- Qiang Jin – Vice President of Manufacturing Operations
The leadership team’s strategic vision centers on maintaining global shipment leadership, advancing high-efficiency solar technologies, and supporting the transition toward low-carbon energy systems while adhering to governance standards applicable to U.S.-listed and China-listed entities.