JinkoSolar Holding Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	22,938	25,054	16,061	10,244	8,321
Short-Term Investments	-	928.32	1,024	104.5	150
Cash & Short-Term Investments	22,938	25,982	17,084	10,348	8,471
Cash Growth	-11.71%	52.08%	65.10%	22.15%	5.21%
Accounts Receivable	17,265	17,399	27,049	23,795	9,190
Other Receivables	-	864.08	279.22	1,193	222.86
Receivables	17,265	18,263	27,351	25,011	9,412
Inventory	15,810	15,164	22,781	20,778	14,789
Prepaid Expenses	-	306.84	237.06	205.97	98.32
Restricted Cash	-	2,684	3,008	1,027	602.04
Other Current Assets	12,801	6,465	12,483	10,957	12,151
Total Current Assets	68,814	68,865	82,945	68,327	45,524
Property, Plant & Equipment	40,263	45,249	42,010	33,245	21,037
Long-Term Investments	1,680	2,021	2,222	1,711	633.87
Other Intangible Assets	2,587	2,300	2,390	1,511	1,146
Long-Term Deferred Tax Assets	4,576	2,641	1,290	704.24	371.77
Other Long-Term Assets	3,104	3,804	4,975	3,163	4,271
Total Assets	121,024	124,880	135,832	108,662	72,983
Accounts Payable	23,704	22,228	41,166	31,002	6,816
Accrued Expenses	2,645	5,083	5,430	4,572	2,832
Short-Term Debt	10,655	2,919	10,896	10,317	24,040
Current Portion of Long-Term Debt	-	4,015	3,471	2,102	1,372
Current Portion of Leases	118.36	145.66	155.93	233.87	257.45
Current Income Taxes Payable	177.58	703.5	1,016	737.74	214.86
Current Unearned Revenue	5,317	5,089	6,965	9,224	6,114
Other Current Liabilities	12,427	14,300	11,961	6,747	3,814
Total Current Liabilities	55,044	54,484	81,061	64,936	45,459
Long-Term Debt	28,802	29,249	16,024	14,093	10,995
Long-Term Leases	3,551	330.74	557.14	409.77	621.79
Long-Term Deferred Tax Liabilities	29.97	56.72	131.51	194.81	183
Other Long-Term Liabilities	6,027	6,524	4,524	2,024	1,437
Total Liabilities	93,453	90,644	102,298	81,658	58,696
Common Stock	15,726	0.03	0.03	0.03	0.03
Additional Paid-In Capital	-	11,246	10,738	9,913	5,618
Retained Earnings	-	8,645	9,138	6,250	5,629
Treasury Stock	-	-216.51	-79.28	-43.17	-43.17
Comprehensive Income & Other	-	225.14	359.58	217.56	-154.38
Total Common Equity	15,726	19,899	20,156	16,337	11,050
Minority Interest	11,845	14,337	13,378	10,667	3,237
Shareholders' Equity	27,571	34,236	33,534	27,004	14,287
Total Liabilities & Equity	121,024	124,880	135,832	108,662	72,983
Total Debt	43,126	36,659	31,104	27,156	37,286
Net Cash (Debt)	-20,187	-10,677	-14,020	-16,808	-28,815
Net Cash Per Share	-387.45	-203.39	-248.01	-335.48	-560.27
Filing Date Shares Outstanding	52.36	51.65	53.15	50.3	47.71
Total Common Shares Outstanding	52.36	51.38	52.14	50.3	47.71
Working Capital	13,770	14,381	1,885	3,391	64.61
Book Value Per Share	300.36	387.31	386.58	324.81	231.62
Tangible Book Value	13,139	17,599	17,766	14,826	9,904
Tangible Book Value Per Share	250.95	342.54	340.74	294.77	207.61
Buildings	-	20,391	17,196	12,656	6,875
Machinery	-	36,156	31,739	24,546	15,680
Construction In Progress	-	2,954	3,890	1,551	2,647

Source: S&P Global Market Intelligence. Standard template. Financial Sources.