Jinko Power Technology vs Thai Solar Energy: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Jinko Power Technology Co Ltd (601778.CG)

Q3 202614 Jul – 3 Sep 2026

▲2▼1

Jinko Power swings to H1 loss as weak sun and low power prices bite

First-half loss on weak solar resources and falling power prices Jinko Power expects a first-half 2026 net loss of 177-246 million yuan, versus a 123 million yuan profit a year earlier. Weaker sunshine, lower settlement prices for new-energy power and worsening grid consumption limits cut generation and revenue. This is the core reason the stock is under pressure.
It is the company's own profit warning and the main fundamental driver of the stock.
Record summer power demand lifts the whole power sector China's national maximum electricity load hit a record 1.551 billion kilowatts in July, with Jiangsu and Zhejiang grids also at peaks. Rising demand from data services and high-tech manufacturing pulled power stocks, including Jinko Power, higher. More electricity use supports power producers' revenue.
It explains the sector-wide buying that lifted Jinko Power shares despite weak company results.
New power-system plan and anti-price-war rules support the sector Beijing's 15th Five-Year Plan for new power systems targets non-fossil generation at 50% of output by 2030. Separately, mandatory solar standards and price-compliance guidance aim to end cutthroat competition. These policies improve the long-term backdrop for solar operators like Jinko Power.
Policy support is a key force behind the sector's re-rating and Jinko Power's medium-term outlook.
Green computing pivot and energy storage growth offset weak solar Jinko Power's interim report showed revenue down 33.94% and a 187 million yuan net loss, but it is pivoting to green computing with data-center deals and a SenseTime partnership, and building a large energy-storage pipeline. These new businesses may become future profit drivers, though they are not yet proven.
It shows the company's strategic response to the solar downturn, a real counterweight to the loss.

August 202614 Jul – 3 Sep 2026

▲2▼1

Jinko Power swings to H1 loss as weak sun and low power prices bite

First-half loss on weak solar resources and falling power prices Jinko Power expects a first-half 2026 net loss of 177-246 million yuan, versus a 123 million yuan profit a year earlier. Weaker sunshine, lower settlement prices for new-energy power and worsening grid consumption limits cut generation and revenue. This is the core reason the stock is under pressure.
It is the company's own profit warning and the main fundamental driver of the stock.
Record summer power demand lifts the whole power sector China's national maximum electricity load hit a record 1.551 billion kilowatts in July, with Jiangsu and Zhejiang grids also at peaks. Rising demand from data services and high-tech manufacturing pulled power stocks, including Jinko Power, higher. More electricity use supports power producers' revenue.
It explains the sector-wide buying that lifted Jinko Power shares despite weak company results.
New power-system plan and anti-price-war rules support the sector Beijing's 15th Five-Year Plan for new power systems targets non-fossil generation at 50% of output by 2030. Separately, mandatory solar standards and price-compliance guidance aim to end cutthroat competition. These policies improve the long-term backdrop for solar operators like Jinko Power.
Policy support is a key force behind the sector's re-rating and Jinko Power's medium-term outlook.
Green computing pivot and energy storage growth offset weak solar Jinko Power's interim report showed revenue down 33.94% and a 187 million yuan net loss, but it is pivoting to green computing with data-center deals and a SenseTime partnership, and building a large energy-storage pipeline. These new businesses may become future profit drivers, though they are not yet proven.
It shows the company's strategic response to the solar downturn, a real counterweight to the loss.

Latest14 Jul – 3 Sep 2026

▲2▼1

Jinko Power swings to H1 loss as weak sun and low power prices bite

First-half loss on weak solar resources and falling power prices Jinko Power expects a first-half 2026 net loss of 177-246 million yuan, versus a 123 million yuan profit a year earlier. Weaker sunshine, lower settlement prices for new-energy power and worsening grid consumption limits cut generation and revenue. This is the core reason the stock is under pressure.
It is the company's own profit warning and the main fundamental driver of the stock.
Record summer power demand lifts the whole power sector China's national maximum electricity load hit a record 1.551 billion kilowatts in July, with Jiangsu and Zhejiang grids also at peaks. Rising demand from data services and high-tech manufacturing pulled power stocks, including Jinko Power, higher. More electricity use supports power producers' revenue.
It explains the sector-wide buying that lifted Jinko Power shares despite weak company results.
New power-system plan and anti-price-war rules support the sector Beijing's 15th Five-Year Plan for new power systems targets non-fossil generation at 50% of output by 2030. Separately, mandatory solar standards and price-compliance guidance aim to end cutthroat competition. These policies improve the long-term backdrop for solar operators like Jinko Power.
Policy support is a key force behind the sector's re-rating and Jinko Power's medium-term outlook.
Green computing pivot and energy storage growth offset weak solar Jinko Power's interim report showed revenue down 33.94% and a 187 million yuan net loss, but it is pivoting to green computing with data-center deals and a SenseTime partnership, and building a large energy-storage pipeline. These new businesses may become future profit drivers, though they are not yet proven.
It shows the company's strategic response to the solar downturn, a real counterweight to the loss.

Thai Solar Energy Public Company Limited (TSE.BK)

Q3 20263 Aug – 24 Sep 2026

▲4

TSE's 229MW Solar Big Lot and Q2 Profit Surge Drive Growth

Solar Big Lot Project Advances TSE is pushing its 229MW Solar Big Lot project, with first 30MW set for commercial operation in early 2027. This will boost long-term revenue and reduce debt, strengthening the company's position.
This is the core growth driver, directly increasing future revenue and improving financial health.
Q2 Profit Surges 84% TSE reported Q2 2026 net profit of 26 million baht, up 84% from last year, with lower costs and finance expenses. This shows improving profitability and supports the stock price.
Strong earnings growth signals better financial performance, which can attract investors.
New Community Solar Scheme Opens Bids Thailand's 1,500MW community solar program opens for bids this year, with TSE named a top pick by Yuanta. TSE aims to add at least 100MW, tapping into demand from data centers and industry.
New regulation creates expansion opportunity, potentially increasing future revenue and market position.
PDP2026 Targets 60% Clean Energy Thailand's new power plan aims for over 60% clean energy, boosting demand for renewables. TSE plans to bid for Direct PPA and Solar Community projects, targeting at least 100MW more capacity.
Favorable government policy supports long-term growth and investment in renewable energy.

August 20263 Aug – 24 Sep 2026

▲4

TSE's 229MW Solar Big Lot and Q2 Profit Surge Drive Growth

Solar Big Lot Project Advances TSE is pushing its 229MW Solar Big Lot project, with first 30MW set for commercial operation in early 2027. This will boost long-term revenue and reduce debt, strengthening the company's position.
This is the core growth driver, directly increasing future revenue and improving financial health.
Q2 Profit Surges 84% TSE reported Q2 2026 net profit of 26 million baht, up 84% from last year, with lower costs and finance expenses. This shows improving profitability and supports the stock price.
Strong earnings growth signals better financial performance, which can attract investors.
New Community Solar Scheme Opens Bids Thailand's 1,500MW community solar program opens for bids this year, with TSE named a top pick by Yuanta. TSE aims to add at least 100MW, tapping into demand from data centers and industry.
New regulation creates expansion opportunity, potentially increasing future revenue and market position.
PDP2026 Targets 60% Clean Energy Thailand's new power plan aims for over 60% clean energy, boosting demand for renewables. TSE plans to bid for Direct PPA and Solar Community projects, targeting at least 100MW more capacity.
Favorable government policy supports long-term growth and investment in renewable energy.

Latest3 Aug – 24 Sep 2026

▲4

TSE's 229MW Solar Big Lot and Q2 Profit Surge Drive Growth

Solar Big Lot Project Advances TSE is pushing its 229MW Solar Big Lot project, with first 30MW set for commercial operation in early 2027. This will boost long-term revenue and reduce debt, strengthening the company's position.
This is the core growth driver, directly increasing future revenue and improving financial health.
Q2 Profit Surges 84% TSE reported Q2 2026 net profit of 26 million baht, up 84% from last year, with lower costs and finance expenses. This shows improving profitability and supports the stock price.
Strong earnings growth signals better financial performance, which can attract investors.
New Community Solar Scheme Opens Bids Thailand's 1,500MW community solar program opens for bids this year, with TSE named a top pick by Yuanta. TSE aims to add at least 100MW, tapping into demand from data centers and industry.
New regulation creates expansion opportunity, potentially increasing future revenue and market position.
PDP2026 Targets 60% Clean Energy Thailand's new power plan aims for over 60% clean energy, boosting demand for renewables. TSE plans to bid for Direct PPA and Solar Community projects, targeting at least 100MW more capacity.
Favorable government policy supports long-term growth and investment in renewable energy.