JinkoSolar Holding Co., Ltd. financials
Source: EDGAR filings · Built 2026-06-19T01:07:01Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.10B | 7.72B | -2.11B | -18.27B | -8.51B | -3.72B |
| EBITDA | -1.02B | 4.29B | 14.07B | 3.03B | 2.72B | 2.96B |
| Working Capital | 13.77B | 14.38B | 1.88B | 3.39B | 64.61M | 2.47B |
| Net Debt | 10.13B | -4.65B | 12.16B | 38.15B | 29.24B | 18.99B |
| Gross Margin | 2.15% | 2481.89% | 5162.79% | 3685.02% | 16.31% | 17.57% |
| Operating Margin | -13.60% | -825.41% | 1651.38% | 128.83% | 2.70% | 5.08% |
| Net Margin | -6.79% | 13.46% | 934.42% | 186.23% | 1.77% | 0.66% |
| Return on Equity (ROE) | -28.27% | 0.27% | 17.10% | 3.80% | 6.53% | 2.31% |
| Return on Assets (ROA) | -3.67% | 0.04% | 2.54% | 0.57% | 0.99% | 0.43% |
| Current Ratio | 1.25× | 1.26× | 1.02× | 1.05× | 1.00× | 1.08× |
| Debt-to-Equity | 1.92× | 1.03× | 1.40× | 2.96× | 3.40× | 2.65× |
| Effective Tax Rate | 24.18% | 26.71% | 16.83% | 30.62% | 17.81% | 31.50% |
| Cash Conversion Ratio | -0.24× | 308.95× | 4.01× | -9.35× | 0.60× | 2.57× |
| Accruals Ratio | -0.05× | -0.13× | -0.08× | 0.06× | 0.00× | -0.01× |
| SBC % of Revenue | 0.34% | 90.26% | 233.82% | 300.39% | 0.02% | 0.00% |
| CapEx Coverage | 0.34× | 1.85× | 0.87× | -0.47× | 0.05× | 0.14× |
| Free Cash Flow Per Share | ¥-10.09 | ¥36.77 | ¥-9.32 | ¥-91.16 | ¥-41.36 | ¥-21.68 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | — | 405.22M | 368.94M | 333.19M | — | — |
| Cost of Revenue | 9.16B | 11.26B | 14.03B | 10.27B | 5.36B | 4.44B |
| Gross Profit | 201.71M | 1.38B | 2.68B | 1.78B | 1.04B | 945.85M |
| Research and Development Expense | 128.25M | 126.11M | 128.43M | 105.08M | 72.43M | 59.65M |
| Operating Expenses | 1.48B | 1.84B | 1.82B | 1.72B | 871.75M | 672.29M |
| Operating Income (Loss) | -1.27B | -458.22M | 858.13M | 62.23M | 173.01M | 273.56M |
| Income Tax Expense (Benefit) | -317.59M | 9.51M | 177.51M | 87.76M | 30.46M | 27.34M |
| Net Income (Loss) Attributable to Parent | -635.64M | 7.47M | 485.56M | 89.97M | 113.14M | 35.31M |
| Earnings Per Share, Basic | $-3.05 | $0.04 | $2.34 | $0.45 | $0.59 | $0.20 |
| Weighted Average Number of Shares Outstanding, Basic | 208.41M | 208.61M | 207.71M | 198.00M | 190.67M | 178.94M |
| Earnings Per Share, Diluted | $-3.05 | $-0.17 | $2.15 | $0.45 | $0.31 | $-0.21 |
| Weighted Average Number of Shares Outstanding, Diluted | 208.41M | 209.98M | 226.11M | 200.41M | 205.72M | 171.44M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 2.86B | 3.43B | 2.26B | 1.49B | 1.31B | 1.15B |
| Assets, Current | 9.84B | 9.43B | 11.68B | 9.91B | 7.14B | 5.16B |
| Assets | 17.31B | 17.11B | 19.13B | 15.75B | 11.45B | 8.16B |
| Long-term Debt | — | — | 13.93B | 15.13B | 11.27B | 7.98B |
| Liabilities, Current | 7.87B | 7.46B | 11.42B | 9.41B | 7.13B | 4.78B |
| Liabilities | 13.36B | 12.42B | 14.41B | 11.84B | 9.21B | 6.17B |
| Stockholders' Equity Attributable to Parent | 2.25B | 2.73B | 2.84B | 2.37B | 1.73B | 1.53B |
| Common Stock, Shares, Outstanding | 209.43M | 205.51M | 208.56M | 201.19M | 190.82M | 187.43M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 154.71M | 2.31B | 1.95B | -841.03M | 67.58M | 90.65M |
| Payments to Acquire Property, Plant, and Equipment | 455.56M | 1.25B | 2.15B | 1.78B | 1.36B | 621.47M |
| Net Cash Provided by (Used in) Investing Activities | -768.95M | -397.60M | -2.14B | -1.78B | -1.77B | -753.82M |
| Net Cash Provided by (Used in) Financing Activities | -108.50M | -858.76M | 1.22B | 2.90B | 1.89B | 965.10M |
Derived Metrics
| Concept | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | — | — | 356.65M |
| EBITDA | — | — | — | — | — | 405.65M |
| Working Capital | 13.77B | 14.38B | 1.88B | 3.39B | 64.61M | 2.47B |
| Net Debt | 10.13B | -4.65B | 12.16B | 38.15B | 29.24B | 18.99B |
| Gross Margin | — | — | — | — | — | 15.99% |
| Operating Margin | — | — | — | — | — | 0.76% |
| Net Margin | — | — | — | — | — | -4.00% |
| Return on Equity (ROE) | — | — | — | — | — | -3.77% |
| Return on Assets (ROA) | — | — | — | — | — | -0.71% |
| Current Ratio | 1.25× | 1.26× | 1.02× | 1.05× | 1.00× | 1.08× |
| Debt-to-Equity | 1.92× | 1.03× | 1.40× | 2.96× | 3.40× | 2.65× |
| Effective Tax Rate | — | — | — | — | — | 5.69% |
| Cash Conversion Ratio | — | — | — | — | — | -6.04× |
| Accruals Ratio | — | — | — | — | — | -0.05× |
| SBC % of Revenue | — | — | — | — | — | 0.00% |
| CapEx Coverage | — | — | — | — | — | 1.19× |
| Free Cash Flow Per Share | — | — | — | — | — | ¥2.08 |
Income Statement
| Concept | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|
| Cost of Revenue | — | — | — | — | — | 1.34B |
| Gross Profit | — | — | — | — | — | 258.81M |
| Research and Development Expense | — | — | — | — | — | 22.55M |
| Operating Expenses | — | — | — | — | — | 237.60M |
| Operating Income (Loss) | — | — | — | — | — | 21.20M |
| Income Tax Expense (Benefit) | — | — | — | — | — | -2.34M |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | -54.14M |
| Earnings Per Share, Basic | — | — | — | — | — | $-0.30 |
| Weighted Average Number of Shares Outstanding, Basic | 208.41M | 208.61M | 207.71M | 198.00M | 190.67M | 178.94M |
| Earnings Per Share, Diluted | — | — | — | — | — | $-0.55 |
| Weighted Average Number of Shares Outstanding, Diluted | 208.41M | 209.98M | 226.11M | 200.41M | 205.72M | 171.44M |
Balance Sheet
| Concept | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 2.86B | 3.43B | 2.26B | 1.49B | 1.31B | 1.15B |
| Assets, Current | 9.84B | 9.43B | 11.68B | 9.91B | 7.14B | 5.16B |
| Assets | 17.31B | 17.11B | 19.13B | 15.75B | 11.45B | 8.16B |
| Long-term Debt | — | — | 13.93B | 15.13B | 11.27B | 7.98B |
| Liabilities, Current | 7.87B | 7.46B | 11.42B | 9.41B | 7.13B | 4.78B |
| Liabilities | 13.36B | 12.42B | 14.41B | 11.84B | 9.21B | 6.17B |
| Stockholders' Equity Attributable to Parent | 2.25B | 2.73B | 2.84B | 2.37B | 1.73B | 1.53B |
| Common Stock, Shares, Outstanding | 209.43M | 205.51M | 208.56M | 201.19M | 190.82M | 187.43M |
Cash Flow Statement
| Concept | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | — | — | — | — | — | 338.79M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | 298.84M |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | — | — | -435.25M |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | — | — | 374.10M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (JKS CIK 0001481513),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.