JinkoSolar Holding Co., Ltd. (JKS) quarterly balance sheet — complete assets, liabilities & equity history
JinkoSolar Holding Co., Ltd. (JKS) balance sheet — 20-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 62.08B | 63.75B | 72.69B | 68.86B | 69.96B | 68.37B | 67.32B | 68.87B | 74.31B | 72.61B | 82.19B | 82.95B | 80.81B | 80.83B | 70.36B | 68.33B | 72.58B | 68.47B | 62.23B | 45.52B |
| Cash & Short-Term Investments | 22.22B | 25.72B | 22.81B | 30.45B | 23.44B | 29.96B | 27.38B | 25.98B | 22.37B | 13.87B | 17.63B | 17.08B | 13.62B | 14.78B | 8.88B | 10.35B | 14.41B | 13.39B | 15.4B | 8.47B |
| Cash Only | 15.55B | 16.95B | 22.81B | 22.95B | 23.44B | 24.31B | 27.38B | 25.05B | 22.37B | 13.87B | 17.63B | 16.06B | 13.56B | 14.7B | 8.72B | 10.24B | 14.31B | 13.28B | 15.4B | 8.32B |
| Short-Term Investments | 6.67B | 8.77B | 0 | 7.49B | 0 | 5.65B | 0 | 928.32M | 0 | 0 | 0 | 1.02B | 51.92M | 80.99M | 156.22M | 104.5M | 103.78M | 100.75M | 0 | 150M |
| Accounts Receivable | 14.76B | 14.49B | 16.58B | 17.33B | 18.25B | 18.52B | 15.87B | 21.01B | 23.58B | 22.79B | 24.68B | 29.5B | 29.92B | 26.19B | 23.89B | 23.94B | 14.61B | 14.08B | 10.63B | 11.2B |
| Days Sales Outstanding | 98.8 | 114.73 | 124.59 | 93.5 | 104.66 | 87.92 | 118.54 | 99.34 | 87.05 | 89.79 | 106.97 | 83.26 | 81.09 | 74.27 | 92.26 | 59.1 | 67.61 | 59.69 | 66.56 | 48.11 |
| Inventory | 19.28B | 17.8B | 17.71B | 15.82B | 14.94B | 13.82B | 13.26B | 12.51B | 15.25B | 19.49B | 20.13B | 18.22B | 19.15B | 20.09B | 21.44B | 17.45B | 21.43B | 18.5B | 15.95B | 13.25B |
| Days Inventory Outstanding | 142.77 | 136.81 | 134.35 | 81.08 | 88.34 | 71.34 | 80.77 | 64.29 | 77.37 | 84.34 | 85.92 | 59.81 | 70.23 | 72.95 | 90.74 | 69.34 | 111.67 | 97.54 | 104.82 | 89.45 |
| Other Current Assets | 5.82B | 5.74B | 14.32B | 5.26B | 11.91B | 6.07B | 8.91B | 5.82B | 10.1B | 12.68B | 15.2B | 12.63B | 14.14B | 16.03B | 11.93B | 13.26B | 15.46B | 19.24B | 17.15B | 10.68B |
| Total Non-Current Assets | 53.81B | 54.81B | 52.81B | 52.24B | 50.89B | 53.23B | 54.93B | 56.02B | 55.9B | 56.04B | 54.89B | 52.89B | 46.53B | 44.24B | 43.18B | 40.33B | 38.48B | 34.77B | 30.2B | 27.46B |
| Property, Plant & Equipment | 38.65B | 39.39B | 39.91B | 40.29B | 40.01B | 42.38B | 44.29B | 46.09B | 46.2B | 46.18B | 44.08B | 44.55B | 36.74B | 34.83B | 34.55B | 34.41B | 31.18B | 27.25B | 24.45B | 22.9B |
| Fixed Asset Turnover | 0.35x | 0.31x | 0.31x | 0.44x | 0.39x | 0.42x | 0.31x | 0.45x | 0.53x | 0.53x | 0.52x | 0.81x | 0.89x | 0.88x | 0.68x | 0.91x | 0.67x | 0.73x | 0.62x | 0.78x |
| Goodwill | 0 | 0 | 0 | 446.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 384.81M | 397.39M | 2.55B | 0 | 2.28B | 489.04M | 2.29B | 2.3B | 2.17B | 2.21B | 2.18B | 2.39B | 1.8B | 1.64B | 1.55B | 1.51B | 1.82B | 1.27B | 1.19B | 1.15B |
| Long-Term Investments | 5.8B | 5.65B | 2.07B | 1.91B | 1.95B | 3.19B | 1.9B | 2.02B | 1.85B | 1.87B | 2.19B | 2.22B | 2.35B | 2.63B | 2.54B | 1.71B | 862.22M | 727.65M | 650.77M | 633.87M |
| Other Non-Current Assets | 4.55B | 4.94B | 3.7B | 5.01B | 3.89B | 4.36B | 3.57B | 2.96B | 4.1B | 4.16B | 5.14B | 2.43B | 4.94B | 4.44B | 3.83B | 2B | 4.25B | 5.15B | 3.54B | 2.41B |
| Total Assets | 115.89B | 118.56B | 125.5B | 121.1B | 120.84B | 121.59B | 122.25B | 124.88B | 130.22B | 128.65B | 137.08B | 135.83B | 127.35B | 125.07B | 113.53B | 108.66B | 111.06B | 103.24B | 92.43B | 72.98B |
| Asset Turnover | 0.12x | 0.10x | 0.10x | 0.14x | 0.13x | 0.15x | 0.11x | 0.16x | 0.19x | 0.18x | 0.17x | 0.25x | 0.25x | 0.26x | 0.21x | 0.27x | 0.18x | 0.19x | 0.18x | 0.24x |
| Asset Growth % | -4.1% | -2.5% | 2.66% | -3.03% | -7.2% | -5.48% | -10.82% | -8.06% | 2.25% | 2.86% | 20.74% | 25% | 14.67% | 21.14% | 22.83% | 48.89% | 73.54% | 80% | 68.66% | 37.1% |
| Total Current Liabilities | 55.25B | 56.32B | 57.85B | 55.08B | 53.93B | 52.79B | 50.73B | 54.48B | 60.99B | 67.47B | 80.16B | 81.06B | 73.33B | 72.78B | 66.26B | 64.94B | 66.72B | 62.93B | 53.5B | 45.46B |
| Accounts Payable | 13.17B | 13.36B | 14.14B | 13.72B | 14.08B | 13.1B | 11.41B | 11.04B | 11.55B | 13.95B | 15.03B | 15.48B | 14.16B | 11.7B | 12.65B | 10.38B | 7.55B | 7.58B | 6.71B | 6.82B |
| Days Payables Outstanding | 102.12 | 105.92 | 111.6 | 73.26 | 83.46 | 64.55 | 70.36 | 52.32 | 56.8 | 61.68 | 68.34 | 47.43 | 46.28 | 42.77 | 53.73 | 31.97 | 42.31 | 40.46 | 48.53 | 39.56 |
| Short-Term Debt | 21.74B | 21.92B | 21.52B | 20.78B | 18.52B | 17.39B | 15.05B | 16.54B | 22.21B | 26.36B | 36.21B | 39.59B | 35.77B | 38.38B | 32.41B | 33.04B | 40.75B | 38.77B | 33.2B | 25.41B |
| Deferred Revenue (Current) | 7.01B | 6.34B | 7.26B | 5.32B | 4.68B | 4.29B | 5.46B | 5.09B | 6.47B | 7.55B | 8.05B | 6.96B | 7.94B | 7.68B | 9.02B | 9.22B | 8.82B | 7.44B | 5.01B | 6.11B |
| Other Current Liabilities | 11.24B | 12.52B | 0 | 12.43B | 0 | 15.03B | 0 | 20.79M | 0 | 0 | 0 | 1.15B | 1.52B | 1.64B | 0 | 3.83M | 0 | 0 | 563.97M | 555.89M |
| Current Ratio | 1.12x | 1.13x | 1.26x | 1.25x | 1.30x | 1.30x | 1.33x | 1.26x | 1.22x | 1.08x | 1.03x | 1.02x | 1.10x | 1.11x | 1.06x | 1.05x | 1.09x | 1.09x | 1.16x | 1.00x |
| Quick Ratio | 0.77x | 0.82x | 0.95x | 0.96x | 1.02x | 1.03x | 1.07x | 1.03x | 0.97x | 0.79x | 0.77x | 0.80x | 0.84x | 0.83x | 0.74x | 0.78x | 0.77x | 0.79x | 0.86x | 0.71x |
| Cash Conversion Cycle | 139.45 | 145.62 | 147.33 | 101.32 | 109.54 | 94.71 | 128.96 | 111.31 | 107.61 | 112.45 | 124.55 | 95.64 | 105.04 | 104.45 | 129.27 | 96.48 | 136.97 | 116.77 | 122.85 | 98 |
| Total Non-Current Liabilities | 32.1B | 33.4B | 37.51B | 38.43B | 36.8B | 39.09B | 39.9B | 36.16B | 34.37B | 27.72B | 22.22B | 21.24B | 20.93B | 20.85B | 18.4B | 16.72B | 18.48B | 15.61B | 14.48B | 13.24B |
| Long-Term Debt | 22.64B | 24.02B | 27.93B | 28.82B | 30.52B | 32.93B | 33.1B | 26.41B | 27.17B | 20.64B | 16.59B | 15.27B | 17.58B | 17.82B | 15.59B | 14.09B | 16.12B | 13.32B | 12.25B | 11B |
| Capital Lease Obligations | 3.83B | 3.78B | 3.57B | 3.55B | 243.92M | 329.67M | 356.85M | 3.17B | 470.71M | 475.93M | 526.41M | 1.31B | 316.19M | 376.65M | 425.94M | 409.77M | 426.48M | 489.93M | 568.88M | 621.79M |
| Deferred Tax Liabilities | 57.27M | 114.11M | 29.97M | 29.99M | 57.56M | 56.7M | 56.72M | 56.72M | 138.39M | 138.97M | 139.02M | 131.51M | 202.39M | 269.85M | 221.27M | 194.81M | 183M | 183M | 183M | 183M |
| Other Non-Current Liabilities | 5.57B | 5.48B | 5.97B | 6.03B | 5.97B | 5.77B | 6.39B | 6.52B | 6.59B | 6.46B | 4.97B | 4.52B | 2.83B | 2.38B | 2.16B | 2.02B | 1.75B | 1.62B | 1.47B | 1.44B |
| Total Liabilities | 87.34B | 89.72B | 95.35B | 93.51B | 90.73B | 91.88B | 90.63B | 90.64B | 95.36B | 95.19B | 102.38B | 102.3B | 94.26B | 93.62B | 84.65B | 81.66B | 85.21B | 78.53B | 67.98B | 58.7B |
| Total Debt | 48.21B | 49.72B | 53.15B | 53.16B | 49.37B | 50.65B | 48.62B | 47.85B | 49.97B | 47.59B | 53.47B | 56.79B | 53.82B | 56.74B | 48.64B | 47.78B | 57.57B | 52.85B | 46.29B | 37.29B |
| Net Debt | 32.66B | 32.78B | 30.34B | 30.2B | 25.93B | 26.34B | 21.24B | 22.8B | 27.6B | 33.72B | 35.84B | 40.73B | 40.25B | 42.04B | 39.92B | 37.54B | 43.26B | 39.56B | 30.89B | 28.96B |
| Debt / Equity | 1.69x | 1.72x | 1.76x | 1.93x | 1.64x | 1.70x | 1.54x | 1.40x | 1.43x | 1.42x | 1.54x | 1.69x | 1.63x | 1.80x | 1.68x | 1.77x | 2.23x | 2.14x | 1.89x | 2.61x |
| Debt / EBITDA | - | - | - | - | - | 7.57x | - | - | 108.97x | 256.08x | 31.35x | 44.37x | 17.90x | 18.78x | 26.73x | 16.27x | 55.45x | - | 139.83x | 0.02x |
| Net Debt / EBITDA | - | - | - | - | - | 3.94x | - | - | 60.18x | 181.45x | 21.01x | 31.82x | 13.39x | 13.91x | 21.94x | 12.78x | 41.67x | - | 93.32x | 0.02x |
| Interest Coverage | -0.25x | -3.68x | -2.17x | -8.88x | -3.00x | -3.86x | -6.93x | -2.68x | 1.56x | 0.87x | 6.02x | 6.35x | 20.13x | 14.05x | 32.70x | 16.99x | 7.74x | -1.57x | 2.04x | 4.11x |
| Total Equity | 28.55B | 28.84B | 30.15B | 27.59B | 30.12B | 29.71B | 31.62B | 34.24B | 34.86B | 33.46B | 34.7B | 33.53B | 33.09B | 31.45B | 28.88B | 27B | 25.85B | 24.71B | 24.44B | 14.29B |
| Equity Growth % | -5.21% | -2.94% | -4.64% | -19.42% | -13.6% | -11.2% | -8.89% | 2.09% | 5.34% | 6.41% | 20.18% | 24.18% | 28% | 27.27% | 18.14% | 89.01% | 83.59% | 78.36% | 78.07% | 9.98% |
| Book Value per Share | 2150.56 | 2182.46 | 2302.96 | 2107.69 | 2300.86 | 2270.14 | 2452.78 | 2665.70 | 2721.19 | 2550.98 | 2482.73 | 2492.47 | 2372.25 | 2249.64 | 2190.21 | 1970.73 | 1888.41 | 1997.74 | 2030.81 | 1110.56 |
| Total Shareholders' Equity | 14.38B | 14.61B | 15.88B | 15.74B | 17.1B | 17.1B | 18.4B | 19.9B | 20.12B | 20.62B | 20.95B | 20.16B | 20.03B | 19.35B | 17.6B | 16.34B | 15.53B | 14.62B | 14.75B | 11.05B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29K | 0 | 0 | 0 | 29K | 29K | 29K | 28K | 28K | 28K | 28K | 27K | 26K |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.64B | 0 | 0 | 0 | 9.14B | 9.11B | 8.34B | 7.04B | 6.25B | 4.88B | 4.33B | 4.96B | 5.63B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -216.51M | 0 | 0 | 0 | -79.28M | -43.17M | -43.17M | -43.17M | -43.17M | -43.17M | -43.17M | -43.17M | -43.17M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 225.14M | 0 | 0 | 0 | 359.58M | 390.77M | 408.57M | 169.61M | 217.56M | 874.2M | 730.39M | 552.9M | -154.38M |
| Minority Interest | 14.16B | 14.23B | 14.28B | 11.85B | 13.02B | 12.62B | 13.21B | 14.34B | 14.74B | 12.84B | 13.75B | 13.38B | 13.06B | 12.1B | 11.27B | 10.67B | 10.32B | 10.09B | 9.69B | 3.24B |