JKS Chart
About

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2024, it had an integrated annual capacity of 120 gigawatts (GW) for mono wafers; 95 GW for solar cells; and 130 GW for solar modules. It operates in China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, Germany, and internationally. The company was founded in 2006 and is headquartered in Guangxin, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Technology Industry Solar Market Cap 1.42B
Enterprise Value 36.98B Income -3.42B Sales 68.64B
Book/sh 47.26 Cash/sh 111.92 Dividend Yield 4.73%
Payout 3.88% Employees 33830 IPO —
P/E — Forward P/E 14.24 PEG —
P/S 0.02 P/B 0.58 P/C —
EV/EBITDA 48.68 EV/Sales 0.54 Quick Ratio 0.77
Current Ratio 1.30 Debt/Eq 138.28 LT Debt/Eq —
EPS (ttm) -9.51 EPS next Y 1.93 EPS Growth —
Revenue Growth -34.10% Earnings 2026-03-25 ROA -3.31%
ROE -16.63% ROIC — Gross Margin 3.12%
Oper. Margin -5.26% Profit Margin -4.99% Shs Outstand 51.65M
Shs Float 125.32M Short Float 5.72% Short Ratio 2.73
Short Interest — 52W High 31.88 52W Low 13.42
Beta 0.50 Avg Volume 647.47K Volume 586.34K
Target Price $34.09 Recom None Prev Close $26.23
Price $27.48 Change 4.77%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$34.09
Mean price target
2. Current target
$27.48
Latest analyst target
3. DCF / Fair value
$34.09
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$27.48
Low
$17.00
High
$66.10
Mean
$34.09

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-21 main Roth Capital Neutral → Neutral $25
2025-11-19 main Goldman Sachs Sell → Sell $20
2025-10-08 main Goldman Sachs Sell → Sell $18
2025-03-27 main Goldman Sachs Sell → Sell $18
2025-03-27 main UBS Neutral → Neutral $22
2025-01-23 main GLJ Research Sell → Sell $11
2024-12-05 main Jefferies Buy → Buy $65
2024-09-04 main Roth MKM Neutral → Neutral $20
2024-09-03 main Goldman Sachs Sell → Sell $18
2024-04-30 main Roth MKM Neutral → Neutral $25
2024-04-11 main Goldman Sachs Sell → Sell $23
2024-03-21 down Roth MKM Buy → Neutral $25
2024-03-21 main Goldman Sachs Sell → Sell $26
2024-03-21 main UBS Neutral → Neutral $30
2024-02-05 down Daiwa Capital Outperform → Neutral $25
2024-02-05 down HSBC Buy → Hold $30
2023-12-08 main GLJ Research Sell → Sell $12
2023-10-31 main Goldman Sachs Sell → Sell $30
2023-08-15 main Goldman Sachs Sell → Sell $33
2023-05-04 main HSBC — → Buy $78
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems95.15M29.34M179.94M-23.12M
TaxRateForCalcs0.270.170.310.18
NormalizedEBITDA8.87B16.68B5.23B3.86B
TotalUnusualItems356.38M174.64M587.66M-129.88M
TotalUnusualItemsExcludingGoodwill356.38M174.64M587.66M-129.88M
NetIncomeFromContinuingOperationNetMinorityInterest54.54M3.45B620.51M721.02M
ReconciledDepreciation7.82B8.19B2.76B1.80B
ReconciledCostOfRevenue82.20B99.63B70.85B34.17B
EBITDA9.22B16.85B5.82B3.73B
EBIT1.40B8.66B3.06B1.93B
NetInterestIncome-728.39M-617.61M-490.70M-624.03M
InterestExpense1.14B1.17B1.08B838.32M
InterestIncome414.69M553.53M588.71M214.29M
NormalizedIncome-206.68M3.30B212.79M827.78M
NetIncomeFromContinuingAndDiscontinuedOperation54.54M3.45B620.51M721.02M
TotalExpenses91.91B110.77B81.23B38.98B
TotalOperatingIncomeAsReported-3.34B6.09B429.25M1.10B
DilutedAverageShares52.50M56.53M50.10M51.43M
BasicAverageShares52.15M51.93M49.50M47.67M
DilutedEPS-5.0060.9213.288.04
BasicEPS1.1266.4013.4415.12
DilutedNIAvailtoComStockholders-265.70M3.44B620.51M412.68M
AverageDilutionEarnings-320.24M-5.57M0.00-308.34M
NetIncomeCommonStockholders54.54M3.45B620.51M721.02M
NetIncome54.54M3.45B620.51M721.02M
MinorityInterests41.05M-3.01B-944.63M-234.55M
NetIncomeIncludingNoncontrollingInterests13.49M6.45B1.57B955.57M
NetIncomeContinuousOperations13.49M6.45B1.57B955.57M
EarningsFromEquityInterestNetOfTax-177.01M222.67M193.71M59.81M
TaxProvision69.44M1.26B605.28M194.14M
PretaxIncome259.94M7.49B1.98B1.09B
OtherIncomeExpense642.11M199.65M575.00M-127.97M
OtherNonOperatingIncomeExpenses285.74M25.01M-12.66M1.91M
SpecialIncomeCharges-753.90M-640.00M-359.50M-273.71M
GainOnSaleOfPPE1.76M0.00
GainOnSaleOfBusiness488.27M0.0014.23M0.00
OtherSpecialCharges-1.91M
ImpairmentOfCapitalAssets1.24B640.00M373.73M273.71M
GainOnSaleOfSecurity1.11B814.64M947.16M143.83M
NetNonOperatingInterestIncomeExpense-728.39M-617.61M-490.70M-624.03M
InterestExpenseNonOperating1.14B1.17B1.08B838.32M
InterestIncomeNonOperating414.69M553.53M588.71M214.29M
OperatingIncome346.22M7.91B1.89B1.84B
OperatingExpense9.71B11.14B10.39B4.82B
OtherOperatingExpenses-2.45B-1.18B-1.09B-465.69M
ResearchAndDevelopment920.54M911.87M724.77M461.59M
SellingGeneralAndAdministration11.24B11.40B10.75B4.82B
SellingAndMarketingExpense6.64B6.82B7.24B2.86B
GeneralAndAdministrativeExpense4.60B4.58B3.51B1.96B
OtherGandA4.60B4.58B3.51B1.96B
GrossProfit10.06B19.05B12.28B6.66B
CostOfRevenue82.20B99.63B70.85B34.17B
TotalRevenue92.26B118.68B83.13B40.83B
OperatingRevenue92.26B118.68B83.13B40.83B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber5.57M1.36M2.95M2.95M
OrdinarySharesNumber205.51M208.56M201.19M190.82M
ShareIssued211.08M209.92M204.14M193.77M
NetDebt17.89B38.80B36.89B28.09B
TotalDebt47.85B56.79B47.78B37.29B
TangibleBookValue17.60B17.77B14.83B9.90B
InvestedCapital62.84B75.02B63.47B47.46B
WorkingCapital14.38B1.88B3.39B64.61M
NetTangibleAssets17.60B17.77B14.83B9.90B
CapitalLeaseObligations4.91B1.94B643.64M879.25M
CommonStockEquity19.90B20.16B16.34B11.05B
TotalCapitalization46.31B35.43B30.43B22.04B
TotalEquityGrossMinorityInterest34.24B33.53B27.00B14.29B
MinorityInterest14.34B13.38B10.67B3.24B
StockholdersEquity19.90B20.16B16.34B11.05B
GainsLossesNotAffectingRetainedEarnings225.14M359.58M217.56M-154.38M
OtherEquityAdjustments225.14M359.58M217.56M-154.38M
TreasuryStock216.51M79.28M43.17M43.17M
RetainedEarnings8.64B9.14B6.25B5.63B
AdditionalPaidInCapital11.25B10.74B9.91B5.62B
CapitalStock29.00K29.00K28.00K26.00K
CommonStock29.00K29.00K28.00K26.00K
TotalLiabilitiesNetMinorityInterest90.64B102.30B81.66B58.70B
TotalNonCurrentLiabilitiesNetMinorityInterest36.16B21.24B16.72B13.24B
NonCurrentAccruedExpenses2.14B2.15B1.42B858.64M
DuetoRelatedPartiesNonCurrent0.009.64M
TradeandOtherPayablesNonCurrent4.39B2.38B601.76M568.50M
NonCurrentDeferredLiabilities56.72M131.51M194.81M183.00M
NonCurrentDeferredTaxesLiabilities56.72M131.51M194.81M183.00M
LongTermDebtAndCapitalLeaseObligation29.58B16.58B14.50B11.62B
LongTermCapitalLeaseObligation3.17B1.31B409.77M621.79M
LongTermDebt26.41B15.27B14.09B11.00B
CurrentLiabilities54.48B81.06B64.94B45.46B
OtherCurrentLiabilities20.79M1.14B63.14M555.89M
CurrentDeferredLiabilities5.09B6.97B9.22B6.11B
CurrentDeferredRevenue5.09B6.96B9.22B6.11B
CurrentDebtAndCapitalLeaseObligation18.27B40.21B33.28B25.67B
CurrentCapitalLeaseObligation1.73B624.13M233.87M257.45M
CurrentDebt16.54B39.59B33.04B25.41B
OtherCurrentBorrowings5.35B13.90B12.42B13.34B
CurrentNotesPayable11.19B25.69B20.62B12.07B
PayablesAndAccruedExpenses31.11B32.74B22.44B13.12B
CurrentAccruedExpenses3.48B3.70B2.94B1.87B
Payables27.63B29.04B19.49B11.25B
OtherPayable15.29B11.92B7.89B3.99B
DuetoRelatedPartiesCurrent11.07M11.60M5.96M4.73M
TotalTaxPayable1.28B1.63B1.21B447.30M
IncomeTaxPayable703.50M1.02B737.74M214.86M
AccountsPayable11.04B15.48B10.38B6.82B
TotalAssets124.88B135.83B108.66B72.98B
TotalNonCurrentAssets56.02B52.89B40.33B27.46B
OtherNonCurrentAssets1.35B1.59B1.43B1.21B
NonCurrentPrepaidAssets680.98M830.53M571.55M599.70M
NonCurrentDeferredAssets2.64B1.29B704.24M371.77M
NonCurrentDeferredTaxesAssets2.64B1.29B704.24M371.77M
NonCurrentAccountsReceivable932.17M11.85M-1.85M604.62M
FinancialAssets0.00
InvestmentsAndAdvances2.02B2.22B1.71B633.87M
OtherInvestments2.12B1.71B
InvestmentinFinancialAssets1.12B1.02B423.87M633.87M
HeldToMaturitySecurities74.40M0.00
AvailableForSaleSecurities1.05B1.02B423.87M633.87M
LongTermEquityInvestment899.36M1.20B1.29B538.87M
InvestmentsinAssociatesatCost538.87M
GoodwillAndOtherIntangibleAssets2.30B2.39B1.51B1.15B
OtherIntangibleAssets2.30B2.39B1.51B1.15B
NetPPE46.09B44.55B34.41B22.90B
AccumulatedDepreciation-14.70B-11.56B-6.46B-5.23B
GrossPPE60.80B56.11B40.87B28.13B
ConstructionInProgress3.80B6.43B2.71B4.51B
OtherProperties448.56M742.43M955.37M1.07B
MachineryFurnitureEquipment36.16B31.74B24.55B15.68B
BuildingsAndImprovements20.39B17.20B12.66B6.88B
Properties0.000.000.000.00
CurrentAssets68.87B82.95B68.33B45.52B
OtherCurrentAssets95.75M114.04M3.29B131.83M
AssetsHeldForSaleCurrent57.50M2.00B0.00684.63M
CurrentDeferredAssets5.46M16.87M
RestrictedCash5.66B10.49B9.97B9.86B
PrepaidAssets3.55B5.51B3.33B1.92B
Inventory12.51B18.22B17.45B13.25B
FinishedGoods7.22B11.57B8.71B6.87B
WorkInProcess1.95B2.10B3.24B2.62B
RawMaterials3.34B4.54B5.50B3.76B
Receivables21.01B29.50B23.94B11.20B
ReceivablesAdjustmentsAllowances-68.40M-79.58M-8.12M-5.52M
OtherReceivables1.02B447.12M119.62M295.69M
DuefromRelatedPartiesCurrent29.82M27.41M23.11M17.35M
TaxesReceivable2.63B2.04B1.37B1.71B
NotesReceivable3.33B4.09B6.98B1.69B
LoansReceivable0.0023.46M23.46M0.00
AccountsReceivable14.07B22.96B16.81B7.50B
AllowanceForDoubtfulAccountsReceivable-829.41M-685.23M-584.13M-323.07M
GrossAccountsReceivable14.89B23.64B17.40B7.82B
CashCashEquivalentsAndShortTermInvestments25.98B17.08B10.35B8.47B
OtherShortTermInvestments928.32M1.02B104.50M150.00M
CashAndCashEquivalents25.05B16.06B10.24B8.32B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow7.48B-2.02B-18.13B-8.26B
RepurchaseOfCapitalStock-874.96M-79.28M0.000.00
RepaymentOfDebt-22.79B-21.10B-27.84B-24.57B
IssuanceOfDebt28.86B25.13B29.66B35.32B
IssuanceOfCapitalStock0.000.00641.07M
CapitalExpenditure-9.37B-15.85B-12.33B-8.69B
InterestPaidSupplementalData827.10M1.12B1.07B801.87M
IncomeTaxPaidSupplementalData1.69B1.78B400.34M157.37M
EndCashPosition27.74B19.43B11.27B9.10B
BeginningCashPosition19.43B11.27B9.10B8.07B
EffectOfExchangeRateChanges630.89M848.97M227.96M-116.79M
ChangesInCash7.68B7.31B1.95B1.14B
FinancingCashFlow-6.27B8.64B20.02B12.02B
CashFlowFromContinuingFinancingActivities-6.27B8.64B20.02B12.02B
NetOtherFinancingCharges3.58B140.58M9.64B
ProceedsFromStockOptionExercised3.69M45.29M5.02M631.24M
CashDividendsPaid-547.69M-559.60M0.000.00
CommonStockDividendPaid-547.69M-559.60M0.000.00
NetCommonStockIssuance-874.96M-79.28M0.00641.07M
CommonStockPayments-874.96M-79.28M0.000.00
CommonStockIssuance0.000.00641.07M
NetIssuancePaymentsOfDebt-8.43B9.09B10.37B10.75B
NetShortTermDebtIssuance-14.50B5.07B8.55B
NetLongTermDebtIssuance6.07B4.03B1.82B10.75B
LongTermDebtPayments-22.79B-21.10B-27.84B-24.57B
LongTermDebtIssuance28.86B25.13B29.66B35.32B
InvestingCashFlow-2.90B-15.16B-12.27B-11.31B
CashFlowFromContinuingInvestingActivities-2.90B-15.16B-12.27B-11.31B
NetOtherInvestingChanges4.74B1.30B119.20M-2.68B
DividendsReceivedCFI127.07M127.36M0.0023.21M
NetInvestmentPurchaseAndSale165.44M-1.25B-67.72M325.00M
SaleOfInvestment1.23B115.55M259.28M723.00M
PurchaseOfInvestment-1.06B-1.36B-327.00M-398.00M
NetBusinessPurchaseAndSale1.11B36.40M-706.43M-315.00M
SaleOfBusiness1.16B36.40M0.000.00
PurchaseOfBusiness-54.31M0.00-706.43M-315.00M
NetIntangiblesPurchaseAndSale-275.82M-198.68M-42.41M-32.26M
PurchaseOfIntangibles-275.82M-198.68M-42.41M-32.26M
NetPPEPurchaseAndSale-8.77B-15.18B-11.58B-8.63B
SaleOfPPE322.60M471.57M714.18M20.46M
PurchaseOfPPE-9.09B-15.65B-12.29B-8.65B
OperatingCashFlow16.85B13.83B-5.80B430.65M
CashFlowFromContinuingOperatingActivities16.85B13.83B-5.80B430.65M
ChangeInWorkingCapital6.29B-3.14B-12.23B-3.80B
ChangeInOtherWorkingCapital-1.72B-1.55B3.29B3.73B
ChangeInOtherCurrentLiabilities-141.71M21.47M-22.36M-50.43M
ChangeInOtherCurrentAssets20.75M62.73M151.49M-382.98M
ChangeInPayablesAndAccruedExpense-4.76B8.29B6.47B3.56B
ChangeInAccruedExpense-19.77M821.99M795.14M245.74M
ChangeInPayable-4.74B7.47B5.67B3.32B
ChangeInAccountPayable-4.48B5.56B3.57B2.65B
ChangeInTaxPayable-312.54M343.85M522.88M141.14M
ChangeInIncomeTaxPayable-312.54M343.85M522.88M141.14M
ChangeInPrepaidAssets1.85B-1.95B-2.05B-1.06B
ChangeInInventory2.39B-3.84B-6.05B-5.70B
ChangeInReceivables8.65B-4.19B-14.02B-3.90B
ChangesInAccountReceivables8.26B-6.97B-8.73B-3.30B
OtherNonCashItems-333.18M-18.60M12.08M-320.70M
StockBasedCompensation365.75M862.64M1.00B9.88M
UnrealizedGainLossOnInvestmentSecurities-185.78M-220.35M-101.87M0.00
ProvisionandWriteOffofAssets138.81M182.78M285.39M82.43M
AssetImpairmentCharge4.56B3.50B2.19B1.10B
DeferredTax-1.43B-845.40M-320.67M-262.37M
DeferredIncomeTax-1.43B-845.40M-320.67M-262.37M
DepreciationAmortizationDepletion7.82B8.19B2.76B1.80B
DepreciationAndAmortization7.82B8.19B2.76B1.80B
AmortizationCashFlow127.76M160.40M44.68M29.93M
AmortizationOfIntangibles127.76M160.40M44.68M29.93M
Depreciation7.69B8.03B2.71B1.77B
OperatingGainsLosses-388.27M-1.13B-967.35M867.98M
EarningsLossesFromEquityInvestments177.01M-222.67M-193.71M-59.81M
GainLossOnInvestmentSecurities-30.41M-92.39M17.98M221.96M
NetForeignCurrencyExchangeGainLoss-484.36M-938.09M-1.03B355.50M
GainLossOnSaleOfPPE437.76M121.73M248.50M350.34M
GainLossOnSaleOfBusiness-488.27M0.00-14.23M0.00
NetIncomeFromContinuingOperations13.49M6.45B1.57B955.57M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for JKS
Date User Asset Broker Type Position Size Entry Price Patterns