Maxeon Solar Technologies (NASDAQ:MAXN) vs. JinkoSolar (NYSE:JKS) Head-To-Head Analysis

JinkoSolar (NYSE:JKS) and Maxeon Solar Technologies (NASDAQ:MAXN) are both small-cap energy companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, institutional ownership, profitability, valuation and analyst recommendations.

Profitability

This table compares JinkoSolar and Maxeon Solar Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
JinkoSolar	-4.98%	-8.96%	-2.19%
Maxeon Solar Technologies	N/A	N/A	N/A

Earnings & Valuation

This table compares JinkoSolar and Maxeon Solar Technologies”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
JinkoSolar	$68.64 billion	0.02	$7.47 million	($9.15)	-2.72
Maxeon Solar Technologies	$509.05 million	0.02	-$614.30 million	($163.07)	0.00

JinkoSolar has higher revenue and earnings than Maxeon Solar Technologies. JinkoSolar is trading at a lower price-to-earnings ratio than Maxeon Solar Technologies, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

35.8% of JinkoSolar shares are held by institutional investors. Comparatively, 47.7% of Maxeon Solar Technologies shares are held by institutional investors. 19.8% of JinkoSolar shares are held by company insiders. Comparatively, 0.9% of Maxeon Solar Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and price targets for JinkoSolar and Maxeon Solar Technologies, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
JinkoSolar	2	4	1	0	1.86
Maxeon Solar Technologies	1	0	0	0	1.00

JinkoSolar currently has a consensus price target of $24.50, indicating a potential downside of 1.40%. Given JinkoSolar’s stronger consensus rating and higher probable upside, equities research analysts plainly believe JinkoSolar is more favorable than Maxeon Solar Technologies.

Risk and Volatility

JinkoSolar has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500. Comparatively, Maxeon Solar Technologies has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500.

About JinkoSolar

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 Maxeon Solar Technologies

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers. The company was incorporated in 2019 and is headquartered in Singapore.