JinkoSolar Holding Co., Ltd. (FRA:ZJS1)
Germany · Delayed Price · Currency is EUR 11.78
-1.52 (-11.43%)
At close: Aug 26, 2026
JinkoSolar Holding Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | -4,445 | 54.54 | 3,447 | 620.51 | 721.02 |
Depreciation & Amortization | 8,030 | 7,818 | 8,189 | 2,760 | 1,802 |
Loss (Gain) From Sale of Assets | -38.68 | -707.41 | 121.73 | 234.27 | 363.76 |
Asset Writedown & Restructuring Costs | 1,662 | 1,242 | 640 | 373.73 | 273.71 |
Loss (Gain) From Sale of Investments | 218.16 | -220.76 | -219.56 | -101.87 | - |
Loss (Gain) on Equity Investments | 147.86 | 177.01 | -222.67 | -193.71 | -59.81 |
Stock-Based Compensation | 225.73 | 365.75 | 862.64 | 1,001 | 9.88 |
Provision & Write-off of Bad Debts | 261.98 | 138.81 | 182.78 | 285.39 | 82.43 |
Other Operating Activities | -1,025 | 1,692 | 3,969 | 1,447 | 1,039 |
Change in Accounts Receivable | 86.39 | 8,257 | -6,973 | -8,726 | -3,302 |
Change in Inventory | -4,169 | 4,407 | -5,556 | -7,817 | -6,555 |
Change in Accounts Payable | 2,863 | -4,484 | 5,564 | 3,573 | 2,646 |
Change in Unearned Revenue | - | -3.41 | -0.42 | 3,293 | 3,733 |
Change in Income Taxes | -525.92 | -312.54 | 343.85 | 522.88 | 141.14 |
Change in Other Net Operating Assets | -2,210 | -1,574 | 3,478 | -3,073 | -464.45 |
Operating Cash Flow | 1,082 | 16,850 | 13,826 | -5,801 | 430.65 |
Operating Cash Flow Growth | -93.58% | 21.87% | - | - | -27.19% |
Investing Activities
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 |
Capital Expenditures | -3,186 | -9,093 | -15,652 | -12,251 | -8,654 |
Sale of Property, Plant & Equipment | 195.96 | 322.6 | 471.57 | 714.18 | 20.46 |
Cash Acquisitions | - | -36.6 | 36.4 | - | - |
Divestitures | 226.59 | 1,162 | - | -91.33 | - |
Sale (Purchase) of Intangibles | -114.58 | -275.82 | -198.68 | -42.42 | -32.26 |
Investment in Securities | -3,168 | 165.45 | -1,247 | -720.67 | 10 |
Other Investing Activities | 739.52 | 4,830 | 1,430 | 142.66 | -2,654 |
Investing Cash Flow | -5,377 | -2,902 | -15,160 | -12,272 | -11,309 |
Financing Activities
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 |
Short-Term Debt Issued | - | 103.27 | 5,209 | 8,552 | 2,737 |
Long-Term Debt Issued | 16,695 | 31,260 | 25,961 | 29,664 | 32,579 |
Total Debt Issued | 16,695 | 31,364 | 31,170 | 38,215 | 35,317 |
Short-Term Debt Repaid | -1,193 | -14,604 | -142.5 | - | - |
Long-Term Debt Repaid | -16,541 | -22,788 | -21,135 | -27,841 | -24,567 |
Total Debt Repaid | -17,734 | -37,392 | -21,278 | -27,841 | -24,567 |
Net Debt Issued (Repaid) | -1,039 | -6,028 | 9,893 | 10,374 | 10,750 |
Issuance of Common Stock | - | 3.69 | 45.29 | 5.02 | 651.25 |
Repurchase of Common Stock | -3.97 | -874.96 | -79.28 | - | - |
Common Dividends Paid | -486.83 | -547.69 | -559.6 | - | - |
Other Financing Activities | 771.4 | 1,179 | -658.07 | 9,639 | 616.8 |
Financing Cash Flow | -758.71 | -6,268 | 8,641 | 20,019 | 12,018 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 254.61 | 630.89 | 848.97 | 227.96 | -116.79 |
Net Cash Flow | -4,800 | 8,311 | 8,156 | 2,174 | 1,022 |
Free Cash Flow
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 |
Free Cash Flow | -2,104 | 7,757 | -1,826 | -18,052 | -8,223 |
Free Cash Flow Growth | - | - | - | - | - |
Free Cash Flow Margin | -3.21% | 8.41% | -1.54% | -21.72% | -20.14% |
Free Cash Flow Per Share | -40.38 | 147.77 | -32.30 | -360.31 | -159.89 |
Levered Free Cash Flow | -5,293 | 630.87 | 3,051 | 2,860 | -9,661 |
Unlevered Free Cash Flow | -4,443 | 1,345 | 3,782 | 3,535 | -9,137 |
Additional Metrics
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 Interest Paid | 1,580 | 827.1 | 1,118 | 1,073 | 801.87 |
Cash Income Tax Paid | 1,044 | 1,688 | 1,784 | 400.34 | 157.37 |
Change in Working Capital | -3,955 | 6,290 | -3,144 | -12,227 | -3,801 |