JinkoSolar Holding Co., Ltd. (JKS) — Financial statements
Income statement, balance sheet, and cash flow for JinkoSolar Holding Co., Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 63,713↓30.9% | 92,256↓22.3% | 118,679↑42.8% | 83,127↑103.6% | 40,827 | |
| Cost of Revenue | 62,341↓24.2% | 82,199↓17.5% | 99,631↑40.6% | 70,849↑107.4% | 34,169 | |
| Gross Profit | 1,372↓86.4% | 10,057↓47.2% | 19,048↑55.1% | 12,278↑84.4% | 6,658 | |
| Operating Expenses | ||||||
| R&D Expenses | 872↓5.2% | 921↑1.0% | 912↑25.8% | 725↑57.0% | 462 | |
| General & Administrative Expenses | 0.00↓100.0% | 4,598↑0.3% | 4,584↑30.6% | 3,509↑78.7% | 1,964 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 6,641↓2.6% | 6,819↓5.8% | 7,242↑153.5% | 2,856 | |
| SG&A Expenses | 7,546↓32.9% | 11,239↓1.4% | 11,403↑6.1% | 10,751↑123.0% | 4,820 | |
| Other Expenses | 0.00↓100.0% | 1,242↑94.1% | 640↑71.2% | 374↑36.5% | 274 | |
| Operating Expenses | 8,418↓37.2% | 13,402↑3.4% | 12,955↑9.3% | 11,849↑113.3% | 5,555 | |
| Total Costs & Expenses | 70,759↓26.0% | 95,601↓15.1% | 112,586↑36.1% | 82,698↑108.2% | 39,724 | |
| Operating Results | ||||||
| Operating Income | -7,046↓110.7% | -3,345↓154.9% | 6,093↑1319.4% | 429↓61.1% | 1,103 | |
| Depreciation & Amortization | 0.00↓100.0% | 7,818↓4.5% | 8,189↑196.8% | 2,760↑53.1% | 1,802 | |
| EBITDA | -7,046↓176.4% | 9,221↓45.3% | 16,851↑189.7% | 5,816↑55.9% | 3,730 | |
| EBIT | -7,046↓602.2% | 1,403↓83.8% | 8,661↑183.4% | 3,056↑58.5% | 1,928 | |
| Interest & Other Income | ||||||
| Net Interest Income | -833↓12.7% | -739↓19.6% | -618↓23.7% | -499↑18.9% | -616 | |
| Interest Income | 490↑16.6% | 421↓24.0% | 553↓7.6% | 599↑183.2% | 212 | |
| Interest Expense | 1,323↑14.1% | 1,159↓1.0% | 1,171↑6.6% | 1,098↑32.7% | 827 | |
| Non-Operating Income | 0.00↑100.0% | -4,748↓84.8% | -2,569↑2.2% | -2,627↓218.1% | -826 | |
| Other Income / Expenses | -2,031↓159.3% | 3,428↑111.6% | 1,620↓6.9% | 1,741↑3588.4% | 47 | |
| Income Before Tax | -9,077↓11046.1% | 83↓98.9% | 7,713↑255.4% | 2,170↑88.8% | 1,150 | |
| Income Tax Expense | -2,160↓3211.2% | 69↓94.5% | 1,260↑108.2% | 605↑211.8% | 194 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -6,917↓51386.1% | 13↓99.8% | 6,453↑312.3% | 1,565↑63.8% | 956 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -4,324↓8028.1% | 55↓98.4% | 3,447↑455.6% | 621↓13.9% | 721 | |
| Bottom-Line Net Income | -4,324↓1527.4% | -266↓107.7% | 3,442↑454.7% | 621↓13.9% | 721 | |
| EPS (Basic) | -332.00↓1530.6% | -20.36↓107.7% | 265.60↑430.4% | 50.08↓17.2% | 60.48 | |
| EPS (Diluted) | -332.00↓1540.3% | -20.24↓108.3% | 243.68↑391.3% | 49.60↑54.2% | 32.16 | |
| Weighted Average Shares | 13↓0.1% | 13↑0.4% | 13↑4.9% | 12↑3.8% | 12 | |
| Weighted Average Diluted Shares | 13↓0.7% | 13↓7.1% | 14↑12.8% | 13↓2.6% | 13 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.