Now what Accordingly, UBS feels that investors should be "cautious" about investing in Jinko today, even after the stock's recent steep slide. When I look at the company's numbers as reported by S&P Global Market Intelligence and see seven straight years of reported GAAP profits -- not one of which was backed up by actual positive free cash flow, however -- I can't help but agree.
There's something fishy about these numbers, and caution should be the order of the day. |