BLDP vs HYSR vs JKS Stock Comparison

Ballard Power Systems, Sunhydrogen and JinkoSolar Holding Prices as of Oct 29, 2026 Peers: Industry group
HYSR Sunhydrogen, Inc.
$0.02 0.0% 1M -33.3% 1Y
Market cap
$94.62M
P/E
–
Revenue (TTM)
$1.25K
Div. yield
–
Fuel Cells Industrials
2 wins

Head to Head

7 decided of 12

Ballard Power Systems leads on 3 of the 12 questions below (Ballard Power Systems 3, JinkoSolar Holding 2, Sunhydrogen 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBLDPHYSRJKSLeader
Larger companyMarket capitalisation $471.24M $94.62M $446.00M BLDP
Cheaper on earningsLower P/E, profitable companies only -5.9x -14.5x 16.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +46.4% — -22.1% BLDP
More profitableNet margin, trailing twelve months -75.7% -522,521.9% 0.3% JKS
Better return on capitalReturn on invested capital — — -5.9% –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -54.8% -33.3% -66.0% HYSR
Better 5-year returnAnnualised price return, 5 years -38.5%/yr -13.0%/yr -32.8%/yr HYSR
Less volatileAnnualised volatility, 1 year 73.5% 141.6% 60.2% JKS
Higher overall scoreMean of the five percentile scores vs peers 68/100 45/100 51/100 BLDP

Percentile Scorecard

BLDPHYSRJKS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBLDPHYSRJKS
Valuation 59 #26 of 62 34 #41 of 62 98 #2 of 62
Growth 83 #11 of 59 22 #46 of 59 19 #48 of 59
Profitability 48 #29 of 55 6 #52 of 55 59 #23 of 55
Financial Health 80 #15 of 72 97 #3 of 72 25 #54 of 72
Shareholder Returns – 64 #11 of 29 –
Overall 68 45 51
  • BLDP ranked among 72 companies in Clean Energy Equipment
  • HYSR ranked among 72 companies in Clean Energy Equipment
  • JKS ranked among 72 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBLDPHYSRJKSSPY
1 month -23.8%0.0%-14.6% +0.7%
3 months -42.7%0.0%-44.6% +3.7%
6 months -52.9%-33.3%-64.8% +7.1%
Year to date -37.0%-33.3%-68.2% +12.8%
1 year -54.8%-33.3%-66.0% +11.9%
3 years -49.8%+100.0%-72.2% +85.2%
3 years, per year -20.6%+26.0%-34.8% +22.8%
5 years -91.2%-50.0%-86.3% +67.6%
5 years, per year -38.5%-13.0%-32.8% +10.9%
10 years -22.0%0.0%-48.0% +262.0%
10 years, per year -2.4%0.0%-6.3% +13.7%

Risk

MeasureBLDPHYSRJKSSPY
Volatility, 1Y 73.5%141.6%60.2% 12.7%
Downside volatility, 1Y 68.7%620.4%61.0% 12.6%
Beta vs S&P 500, 1Y 2.781.521.73 1.00
Return / volatility, 1Y -0.75-0.24-1.10 0.94
Max drawdown, 5Y -94.7%-88.9%-89.4% -25.4%
From 52-week high -74.9%-50.0%-73.2% -1.2%
52-week high $6.38$0.04$30.58 $779.14
52-week low $1.43$0.02$8.02 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBLDPHYSRJKS
P/E now vs peer median -6.0xmedian 26.6x -16.9xmedian 26.6x 16.2xmedian 26.6x
P/S now vs peer median 4.5xmedian 2.6x 91,987xmedian 2.6x 0.1xmedian 2.6x
EV/EBITDA now vs peer median 2.0xmedian 18.9x -11.0xmedian 18.9x —median 18.9x
P/FCF now vs peer median -9.1xmedian 30.1x -22.7xmedian 30.1x —median 30.1x
P/B now vs peer median 0.9xmedian 1.9x 3.6xmedian 1.9x 0.1xmedian 1.9x
PEG now vs peer median -0.37median 0.97 0.17median 0.97 -0.26median 0.97

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBLDPHYSRJKS
Revenue $106.16M $1.25K $8.37B
Gross profit $17.41M – $397.19M
Operating income -$31.41M -$7.52M -$28.57M
Net income -$77.27M -$6.53M -$936.28M
Free cash flow -$52.66M -$5.07M –
R&D $42.19M $4.33M $137.15M
EPS (diluted) $-0.52 $0.00 $0.51
Cash & equivalents $502.10M $12.13M $2.50B
Total debt – – $22.30B
Shares (diluted) 155.19M 5.53B 52.10M
Enterprise value -$1.61B -$40.00M -$12.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBLDPHYSRJKS
P/E -6.0x -16.9x 16.2x
P/FCF -9.1x -22.7x –
P/Operating cash flow -12.2x -22.7x –
P/S 4.5x 91,987x 0.1x
P/B 0.9x 3.6x 0.1x
P/Tangible book 0.9x 3.6x 0.1x
EV/EBITDA 2.0x -11.0x –
EV/EBIT 0.8x -11.0x -6.1x
EV/Revenue -0.2x 66,339x 0.4x
EV/FCF 0.5x -16.4x –
EV/Operating cash flow 0.6x -16.4x –
PEG (3Y EPS CAGR) -0.37 0.17 -0.26

Growth

14 metrics
MetricBLDPHYSRJKS
Revenue growth (1Y) 46.4% – -22.1%
Revenue CAGR (3Y) 15.8% – -17.3%
Gross profit growth (1Y) 272.0% – -41.3%
Gross profit CAGR (3Y) 48.9% – -44.3%
Operating income growth (1Y) 81.6% -29.3% 96.7%
Operating income CAGR (3Y) 39.2% 6.7% -27.2%
Net income growth (1Y) 74.0% 20.6% 1.3%
Net income CAGR (3Y) 18.2% -105.7% -46.7%
EPS growth (1Y) 73.0% 23.7% 104.6%
EPS CAGR (3Y) 16.3% -98.1% -62.8%
Operating cash flow growth (1Y) -107.5% -38.9% –
Operating cash flow CAGR (3Y) 13.1% -5.9% –
Free cash flow growth (1Y) -110.5% -38.9% –
Free cash flow CAGR (3Y) 13.0% -5.6% –

Profitability

14 metrics
MetricBLDPHYSRJKS
Gross margin 16.4% – 4.7%
EBITDA margin -11.0% -600,651% –
Operating margin -29.6% -601,652% -0.3%
Pretax margin -11.8% -502,370% -0.5%
Net margin -75.7% -522,522% 0.3%
FCF margin -49.6% -405,229% –
Operating cash flow margin -37.3% -405,229% –
Return on equity -14.0% -19.4% -24.5%
Return on assets -12.2% -18.8% -5.3%
Return on invested capital – – -5.9%
Return on capital employed -5.2% -23.1% -5.9%
Asset turnover 0.2x 0.0x 0.5x
Cash conversion (OCF / net income) 0.5x 0.8x –
Stock comp / revenue 18.7% 93,359% –

Financial Health

11 metrics
MetricBLDPHYSRJKS
Debt / assets – – 31.2%
Debt / equity – – 1.5x
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 13.1% 3.6% 78.7%
Equity / assets 86.9% 96.4% 21.3%
Interest coverage -36.4x – -4.8x
Current ratio 11.2x 37.9x 1.1x
Quick ratio 10.3x 37.6x 0.5x
Cash ratio 9.9x 37.2x 0.3x
Altman Z-score -0.35 54.19 –

Shareholder Returns

7 metrics
MetricBLDPHYSRJKS
Dividend yield – – 18.3%
Net buyback yield – -0.1% –
Shareholder yield – -0.1% 18.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBLDPHYSRJKS
EPS, next fiscal year $-0.18FY2026 – $-5.57FY2026
Revenue, next fiscal year $115.35MFY2026 – $9.09BFY2026
Revenue growth, next FY +17.0%FY2026 – -2.9%FY2026
Revenue growth, the year after +40.4% – +29.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBLDPHYSRJKS
Held by institutions 34.7% – 32.8%
Institutions holding 171 – 111
Change in shares held, QoQ +16.3% – +8.7%
Institutions buying 101 – 61
Institutions selling 40 – 30
Buyers to sellers 2.53 – 2.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BLDPHYSRJKS
BLDP 1.00 0.07 0.29
HYSR 0.07 1.00 0.18
JKS 0.29 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BLDP, HYSR and JKS?

Ballard Power Systems (BLDP) is the largest by market capitalisation: Ballard Power Systems (BLDP) $471.24M, Sunhydrogen (HYSR) $94.62M, JinkoSolar Holding (JKS) $446.00M.

Which company is growing faster?

Ballard Power Systems (BLDP) grew revenue fastest over the trailing twelve months: Ballard Power Systems (BLDP) +46.4%, JinkoSolar Holding (JKS) -22.1%.

Which company is more profitable?

JinkoSolar Holding (JKS) has the highest net margin (Ballard Power Systems (BLDP) -75.7%, Sunhydrogen (HYSR) -522,521.9%, JinkoSolar Holding (JKS) 0.3%).

Which stock has performed better?

Over the past year Sunhydrogen (HYSR) returned the most: Ballard Power Systems (BLDP) -54.8%, Sunhydrogen (HYSR) -33.3%, JinkoSolar Holding (JKS) -66.0%. Over five years, Sunhydrogen (HYSR) compounded fastest (Ballard Power Systems (BLDP) -38.5%/yr, Sunhydrogen (HYSR) -13.0%/yr, JinkoSolar Holding (JKS) -32.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, JinkoSolar Holding (JKS) has been the steadiest (Ballard Power Systems (BLDP) 73.5%, Sunhydrogen (HYSR) 141.6%, JinkoSolar Holding (JKS) 60.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BLDP, HYSR and JKS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ballard Power Systems (BLDP) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.