Shares of JinkoSolar (JKS) plummeted 5.05% in Monday's trading session, significantly underperforming the broader market for Asian equities traded in the US. The sharp decline comes just days before the company is set to release its quarterly earnings report, with analysts projecting disappointing results.

According to the latest estimates, JinkoSolar is expected to report a loss of 42 cents per share when it announces its results on March 26 for the quarter ending December 31, 2024. This gloomy outlook is compounded by projections of a substantial 30.1% year-over-year decrease in revenue to $3.231 billion, down from $4.62 billion in the same period last year.

The anticipated weak performance stands in stark contrast to the overall positive sentiment in the market. While the S&P Asia 50 ADR Index rose 0.48%, JinkoSolar was among the notable decliners from North Asia. Investors appear to be positioning themselves ahead of what could be a challenging earnings report, with the current average analyst rating on JinkoSolar shares being a "hold". The market's reaction suggests growing concerns about the company's financial health and its ability to navigate the current economic landscape in the solar energy sector.