JKS vs. GSM
JKS (JinkoSolar Holding Co., Ltd.) and GSM (Ferroglobe PLC) are both stocks. JKS operates in Solar (Technology), while GSM operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, JKS returned 0.41%/yr vs -9.35%/yr for GSM. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
JKS vs. GSM - Performance Comparison
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Returns By Period
In the year-to-date period, JKS achieves a -36.43% return, which is significantly lower than GSM's -30.92% return. Over the past 10 years, JKS has outperformed GSM with an annualized return of 0.41%, while GSM has yielded a comparatively lower -9.35% annualized return.
JKS
- 1D
- 2.02%
- 1M
- -4.42%
- 6M
- -35.98%
- YTD
- -36.43%
- 1Y
- -23.76%
- 3Y*
- -21.68%
- 5Y*
- -18.21%
- 10Y*
- 0.41%
- ALL TIME*
- 3.67%
GSM
- 1D
- -0.93%
- 1M
- -2.75%
- 6M
- -32.52%
- YTD
- -30.92%
- 1Y
- -18.75%
- 3Y*
- -15.21%
- 5Y*
- -11.46%
- 10Y*
- -9.35%
- ALL TIME*
- -3.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.85M | $5.29M | $6.02M | |
| $9.45M | $9.86M | $15.11M |
JKS vs. GSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JKS JinkoSolar Holding Co., Ltd. | -36.43% | 10.30% | -27.15% | -5.56% | -11.05% | -25.72% | 175.10% | 127.40% | -58.88% | 57.91% |
GSM Ferroglobe PLC | -30.92% | 23.75% | -40.95% | 69.09% | -38.00% | 278.66% | 74.47% | -40.88% | -90.06% | 49.58% |
Correlation
The correlation between JKS and GSM is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 14, 2010 | 0.28 |
Fundamentals
JKS:
$198.22M
GSM:
$594.22M
JKS:
-CN¥272.00
GSM:
-$0.59
JKS:
0.02
GSM:
0.44
JKS:
0.08
GSM:
0.89
JKS:
CN¥63.49B
GSM:
$1.38B
JKS:
CN¥2.78B
GSM:
$38.19M
JKS:
-CN¥5.29B
GSM:
-$97.86M
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Return for Risk
JKS vs. GSM — Risk / Return Rank
JKS
GSM
JKS vs. GSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JinkoSolar Holding Co., Ltd. (JKS) and Ferroglobe PLC (GSM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JKS | GSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.96 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | -0.56 | +0.03 |
| Martin ratioReturn relative to average drawdown | -1.16 | -1.13 | -0.03 |
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Drawdowns
JKS vs. GSM - Drawdown Comparison
The maximum JKS drawdown since its inception was -94.84%, roughly equal to the maximum GSM drawdown of -98.30%. Use the drawdown chart below to compare losses from any high point for JKS and GSM.
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Drawdown Indicators
| JKS | GSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.84% | -98.30% | +3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -48.33% | -42.91% | -5.42% |
Max Drawdown (3Y)Largest decline over 3 years | -59.91% | -53.69% | -6.22% |
Max Drawdown (5Y)Largest decline over 5 years | -79.24% | -67.30% | -11.94% |
Max Drawdown (10Y)Largest decline over 10 years | -82.09% | -97.84% | +15.75% |
Current DrawdownCurrent decline from peak | -77.47% | -84.88% | +7.41% |
Average DrawdownAverage peak-to-trough decline | -52.10% | -55.18% | +3.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.75% | 21.11% | +0.64% |
Volatility
JKS vs. GSM - Volatility Comparison
JinkoSolar Holding Co., Ltd. (JKS) has a higher volatility of 11.89% compared to Ferroglobe PLC (GSM) at 10.93%. This indicates that JKS's price experiences larger fluctuations and is considered to be riskier than GSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JKS | GSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.89% | 10.93% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 40.46% | 40.22% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.63% | 55.22% | +5.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.93% | 56.67% | +11.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.98% | 74.60% | -3.62% |
Dividends
JKS vs. GSM - Dividend Comparison
JKS's dividend yield for the trailing twelve months is around 9.91%, more than GSM's 1.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSM Ferroglobe PLC | 1.82% | 1.21% | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.55% | 0.00% | 2.95% | 2.98% |
JKS JinkoSolar Holding Co., Ltd. | 9.91% | 5.04% | 6.02% | 4.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
JKS vs. GSM - Financials Comparison
This section allows you to compare key financial metrics between JinkoSolar Holding Co., Ltd. and Ferroglobe PLC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
JKS vs. GSM - Profitability Comparison
JKS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, JinkoSolar Holding Co., Ltd. reported a gross profit of 1.02B and revenue of 12.25B. Therefore, the gross margin over that period was 8.3%.
GSM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Ferroglobe PLC reported a gross profit of 43.52M and revenue of 347.75M. Therefore, the gross margin over that period was 12.5%.
JKS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, JinkoSolar Holding Co., Ltd. reported an operating income of -256.25M and revenue of 12.25B, resulting in an operating margin of -2.1%.
GSM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Ferroglobe PLC reported an operating income of -28.21M and revenue of 347.75M, resulting in an operating margin of -8.1%.
JKS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, JinkoSolar Holding Co., Ltd. reported a net income of -463.51M and revenue of 12.25B, resulting in a net margin of -3.8%.
GSM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Ferroglobe PLC reported a net income of -7.05M and revenue of 347.75M, resulting in a net margin of -2.0%.
Frequently Asked Questions
JKS and GSM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JKS has higher volatility (11.89%) compared to GSM (10.93%). In terms of maximum drawdown, JKS dropped -94.84% vs GSM's -98.30%.
JKS currently has the higher Sharpe Ratio (-0.42 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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