Jinko Solar Holding (JKS)

[realfast95]

credit suisse
Jinko Solar remains the lowest cost Tier 1 manufacturer, with cost/watt now approaching $0.45/w and targets of $0.40 - 0.41/w by YE2015
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Mid-point of 2015 volume guidance (3.2-3.8 GW) was above our expectations. We revise our 2015/2016 EPS to $4.13/$5.81 from $4.01/$6.18
to reflect higher than expected shipments in 2015 and
moderately higher opex in 2016. We introduce 2017 EPS of $ 5.94