Saturday 17 October 2026 Export JKS’s income statement to Excel — free account

JinkoSolar Holding Company Limited

JinkoSolar Holding Company Limited’s revenue for fiscal 2025 (year ended December 2025) was $9.4 billion, down 25.9% from fiscal 2024. In the quarter to June 2026, revenue fell 27.5%, EPS grew 17.5%, free cash flow grew 78.7% and total debt fell 20.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

8.12 0.24 −2.87%

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Market cap: $420.2M
P/E: 0.0×
Fwd P/E: −7.0×
Dividend yield: 18.5%
F-score: 3/9
Altman Z: 0.54
Beneish M: −0.40
Dividend safety: 0/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.05

Total sells 33.41

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	—	—	—	—	—	—	3	1	—	—	—	—

Insider Ownership 4.92%

Capital & Financial Ratios $m

Market Cap 420.17

Revenue 8,544.13

Net Income (1,016.81)

Free Cash Flow (2,974.37)

Net Debt 307.28

Current Ratio 1.13

Debt/Equity 1.10

P/E ratio 0.00

Fwd P/E (7.01)

P/S ratio 0.05

P/B ratio 0.12

Past 5Y EPS Growth —

This Y EPS Growth 45.98%

Next Y EPS Growth 98.40%

Next Y revenue growth (7.06%)

Next 5Y EPS Growth 15.01%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.04%

10-year low 10-year high

P/B against its own 10 years 0.04%

10-year low 10-year high

EV/Sales against its own 10 years 20.25%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 1.50

Annual Dividend Yield 18.47%

	total	individual payouts
2026	0.10	1.50
2025	0.10	1.30
2024	0.00	1.50
2023	1.50	1.50
2022	Powerpack
2021	Powerpack
2020	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3,884	4,335	4,351	3,789
Receivables	3,252	1,943	1,951	1,873
Inventory	2,566	1,714	2,071	2,428
Other	925	371	239	214
	11,683	9,434	9,840	9,393

	2023	2024	2025	Q'26
Payables	2,180	1,512	1,960	1,968
ST’ Debt	110	—	1,524	—
Other	1,142	700	760	934
	11,417	7,464	7,871	8,298

Compound Annual Growth %

	10y	5y	3y
Sales	14.20%	11.71%	(8.06%)
Cash Flow	(2.86%)	11.28%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	18.67%	13.33%	(1.68%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,776	1,821	—	—	—
’25	1,908	2,511	2,270	2,677	9,366
’24	3,192	3,310	3,492	2,645	12,639
’23	3,397	4,232	4,363	4,724	16,716
’22	2,329	2,813	2,744	4,166	12,052
’21	1,212	1,228	1,330	2,637	6,407
’20	1,198	1,196	1,292	1,698	5,384

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	155	155
’24	—	—	—	2,308	2,308
’23	—	—	—	—	1,947
’22	—	—	—	—	(841)
’21	—	—	—	—	68
’20	—	—	(248)	339	91

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	(289)	(289)
’24	—	—	—	1,069	1,069
’23	—	—	—	(2,166)	(219)
’22	—	—	—	(1,679)	(2,520)
’22	—	—	—	—	(861)
’21	—	—	—	(1,360)	(1,292)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(1.28)	(1.94)	—	—	—
’25	(3.53)	(2.35)	(2.01)	(4.10)	(12.20)
’24	0.74	(0.29)	0.06	(1.26)	(0.69)
’23	2.18	3.06	2.53	0.08	8.58
’22	0.10	(1.88)	0.90	0.85	1.93
’21	0.80	0.21	0.59	0.65	1.26
’20	0.84	0.93	(0.91)	(0.98)	(0.83)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	12.72	13.70	7.11	9.52	11.42	28.39	35.41	25.15	16.70	13.42	Analyst estimates 2026–2028 Powerpack
	High	27.43	30.50	25.56	24.84	90.20	76.53	76.92	61.27	37.36	31.88
People
People	Employees	16,920	12,696	12,565	15,195	24,361	31,030	46,511	57,397	33,830	26,409
	Revenue/emp, $m	0.18	0.32	0.29	0.28	0.22	0.21	0.26	0.29	0.37	0.35
Income, $m
Income, $m	Revenue	3,082	4,069	3,642	4,273	5,384	6,407	12,052	16,716	12,639	9,366
	Gross margin, %	18.08	11.30	14.03	18.26	17.57	16.31	14.77	16.05	10.90	2.15
	EBT	180	23	59	180	87	171	287	1,055	36	(1,313)
	EBT margin, %	5.83	0.56	1.63	4.21	1.61	2.67	2.38	6.31	0.28	(14.02)
	Net income	287	22	59	133	51	150	227	909	2	(1,017)
	Depreciation	114	97	124	145	210	285	400	1,153	1,071	1,148
Per share, $
Per share, $	Revenue	97.95	126.22	94.72	100.91	120.35	134.40	243.48	321.91	242.35	179.76
	Earnings	8.36	0.68	1.52	3.05	0.79	2.37	1.95	9.35	0.15	(12.20)
	Cash flow	(8.25)	(0.84)	2.32	4.79	2.03	1.42	(16.99)	37.50	44.26	2.97
	Capex	(9.36)	(10.29)	(9.17)	(10.65)	(13.64)	(28.53)	(33.92)	(41.71)	(23.76)	(8.52)
	Free cash flow	(17.61)	(11.14)	(6.85)	(5.86)	(11.61)	(27.11)	(50.91)	(4.21)	20.50	(5.55)
	Book value	29.57	31.89	31.98	42.21	44.51	47.03	79.09	90.96	85.90	71.43
	Shares, m	31	32	38	42	45	48	50	52	52	52
Valuation, ×
Valuation, ×	P/E	1.83	39.16	6.36	7.65	95.18	19.56	22.82	3.72	276.67	0.00
	P/S	0.16	0.20	0.10	0.22	0.51	0.34	0.17	0.11	0.10	0.14
	P/B	0.53	0.79	0.31	0.53	1.39	0.98	0.52	0.38	0.29	0.36
	EV/Sales	(0.09)	0.03	(0.09)	0.44	0.36	0.80	0.25	0.02	0.13	0.17
	EV/FCF	0.54	(0.15)	0.31	(1.33)	(1.89)	(2.48)	(0.70)	(0.08)	(0.41)	(0.55)
Cash, $m
Cash, $m	Operating cash flow	(260)	(27)	89	203	91	68	(841)	1,947	2,308	155
	Capex	(294)	(332)	(353)	(451)	(610)	(1,360)	(1,679)	(2,166)	(1,239)	(444)
	Free cash flow	(554)	(359)	(263)	(248)	(519)	(1,292)	(2,520)	(219)	1,069	(289)
Balance, $m
Balance, $m	Working capital	192	(54)	(187)	59	378	10	492	265	1,970	1,969
	Total debt	131	187	377	416	1,490	1,762	3,941	2,367	4,608	6,150
	Net debt	(765)	(735)	(720)	(1,474)	(816)	(1,115)	995	(1,517)	274	1,799
	Shareholders’ equity	930	1,028	1,230	1,787	1,991	2,242	3,915	4,723	4,480	3,722
Returns, %
Returns, %	ROA	6.62	0.53	1.23	2.14	0.47	1.15	0.66	2.78	0.04	(3.69)
	ROIC	73.52	10.68	11.50	49.63	14.55	9.59	0.79	16.73	(6.02)	(14.42)
	ROE	32.84	2.22	5.24	8.56	1.87	5.35	2.92	11.24	0.16	(15.50)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SEDG SolarEdge Technologies, Inc.	$1.9B	— (loss-making)	— (loss-making)	+19.63% (above 0%: growing)	n/m	+196.82% (above 0%: growing)	27.48%	(4.63%)	Compare
RUN Sunrun Inc.	$1.8B	4.3×	10.8×	+52.81% (above 0%: growing)	−60.66% (below 0%: shrinking)	+37.10% (above 0%: growing)	37.73%	4.00%	Compare
SHLS Shoals Technologies Group, Inc.	$1.3B	38.1×	42.0×	+47.39% (above 0%: growing)	−12.50% (below 0%: shrinking)	+99.01% (above 0%: growing)	30.31%	11.46%	Compare
DQ DAQO New Energy Corp.	$720.7M	— (loss-making)	— (loss-making)	−16.67% (below 0%: shrinking)	n/m	−60.43% (below 0%: shrinking)	(132.00%)	(156.53%)	Compare
ARRY Array Technologies, Inc.	$549.8M	— (loss-making)	43.9×	−5.57% (below 0%: shrinking)	−73.68% (below 0%: shrinking)	+205.42% (above 0%: growing)	29.12%	10.16%	Compare
JKS JinkoSolar Holding Company Limited	$420.2M	— (loss-making)	— (loss-making)	−27.48% (below 0%: shrinking)	n/m	+78.73% (above 0%: growing)	4.15%	(11.62%)
TOYO TOYO Co., Ltd.	$176.0M	3.5×	6.7×	—	+666.67% (above 0%: growing)	+139.07% (above 0%: growing)	31.28%	19.08%	Compare
SPWR CSLM Acquisition Corp.	$84.2M	— (loss-making)	— (loss-making)	−17.03% (below 0%: shrinking)	n/m	−499.66% (below 0%: shrinking)	45.50%	(42.76%)	Compare
TYGO Tigo Energy, Inc.	$64.2M	5.5×	75.9×	+5.62% (above 0%: growing)	n/m	−81.15% (below 0%: shrinking)	39.35%	(6.61%)	Compare
Median of peers	$635.3M	4.9×	42.0×	+5.62%	−36.58%	+68.06%	30.80%	(0.31%)

All 26 Solar stocks →

JinkoSolar Holding Company Limited (JKS) key facts

Concern: JinkoSolar Holding Company Limited’s revenue for fiscal 2025 (year ended December 2025) was $9.4 billion, down 25.9% from fiscal 2024.
JinkoSolar Holding Company Limited (JKS) is a Solar company in the Technology sector, traded in the US as an ADR.
As of October 16, 2026, JKS traded at $8.12, a market capitalization of $420.2 million.
JinkoSolar Holding Company Limited pays an annual dividend of $1.50 per share, a yield of 18.5%.
Return on equity was −15.5% and debt-to-equity 1.10.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.54 (distress zone) for fiscal 2025.