JinkoSolar Holding Co., Ltd.
JKS NYSE· Semiconductors & Related Devices
KIRA · Stoqly’s AI analyst, in plain words
- JinkoSolar Holding Co., Ltd. had $9.1B of revenue in fiscal 2025, up 16,083.7% on the year before. Over five years, revenue changed +12.4% a year on average.
- Its operating margin was −13.6%, up 811.8 pts: of every 100 in sales, about −14 is left after running the business.
- JinkoSolar Holding Co., Ltd. lost $618M in fiscal 2025.
- Free cash flow was −$293M in fiscal 2025, −3.2% of revenue.
- JinkoSolar Holding Co., Ltd. has $1.5B more cash than debt.
Market cap
—
P/E
—
Revenue
$9.1B
Net income
−$618M
Free cash flow
−$293M
Operating margin
−13.6%
JinkoSolar Holding Co., Ltd. in 30 seconds · fiscal 2025
Are sales growing?
+16,083.7%
Yes. Sales grew 16,083.7% last year.
Does it make a profit?
−6.8%
No. It lost money last year.
Does profit turn into cash?
−3.2%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
What JinkoSolar Holding Co., Ltd. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 29, 2026
- Legal name
- JinkoSolar Holding Co., Ltd.
- CIK
- 0001481513
JinkoSolar Holding Co., Ltd. · JKS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $6.3B | $49.5M | $52.1M | $56.3M | $9.1B |
| Revenue growth | 24.4% | −99.2% | 5.3% | 8.1% | 16,083.7% |
| Gross margin | 16.3% | 3,685.0% | 5,162.8% | 2,481.9% | 2.2% |
| Operating margin | 2.7% | 128.8% | 1,651.4% | −825.4% | −13.6% |
| Net income | $112M | $92.2M | $487M | $7.6M | −$618M |
| Net margin | 1.8% | 186.2% | 934.4% | 13.5% | −6.8% |
| Diluted EPS | $1.25 | $1.84 | $8.60 | −$0.71 | −$11.87 |
| Cash | |||||
| Cash from operations | $66.8M | −$862M | $2.0B | $2.3B | $151M |
| Capital expenditure | $1.3B | $1.8B | $2.2B | $1.3B | $443M |
| Free cash flow | −$1.3B | −$2.7B | −$258M | $1.1B | −$293M |
| FCF margin | −20.1% | −5,417.9% | −494.9% | 1,914.3% | −3.2% |
| Share count change | 20.0% | −2.6% | 12.8% | −7.1% | −0.7% |
| Debt and strength | |||||
| Cash and short-term investments | $1.3B | $1.5B | $2.4B | $3.6B | $3.5B |
| Debt incl. finance leases | $3.9B | $4.0B | $3.9B | $950M | $2.0B |
| Shareholders' equity | $1.7B | $2.4B | $2.8B | $2.7B | $2.2B |
| Net debt / EBITDA | 6.2x | 5.7x | 0.7x | −4.5x | — |
| Current ratio | 1.0x | 1.1x | 1.0x | 1.3x | 1.3x |
| Interest coverage | 1.3x | 0.4x | 5.2x | −2.9x | −6.5x |
| Returns and quality | |||||
| Return on capital | 3.3% | 0.9% | 16.6% | −292.2% | −313.2% |
| Return on equity | 6.8% | 4.5% | 18.7% | 0.3% | −24.9% |
| Return on tangible equity | 6.5% | 3.9% | 17.7% | 0.3% | −28.3% |
| Piotroski F-score | 3 | 5 | 6 | 7 | 4 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$33.4M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
JinkoSolar Holding Co., Ltd. · JKS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001481513). Data updated October 24, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.