JinkoSolar Holding Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	34,147	65,498	92,256	118,679	83,127	40,827
Revenue Growth (YoY)	-50.66%	-29.00%	-22.26%	42.77%	103.61%	16.22%
Cost of Revenue	61,121	64,087	82,199	99,631	70,849	34,169
Gross Profit	2,782	1,411	10,057	19,048	12,278	6,658
Selling, General & Admin	6,775	7,757	11,239	11,403	10,751	4,820
Research & Development	973.58	896.9	920.54	911.87	724.77	461.59
Other Operating Expenses	1,662	1,662	1,242	640	373.73	273.71
Operating Income	-6,628	-8,905	-3,345	6,093	429.25	1,103
Interest Income	509.67	504.11	414.69	553.53	588.71	214.29
Interest Expense	-1,399	-1,360	-1,143	-1,171	-1,079	-838.32
Other Non-Operating Income (Expense)	-317.17	429.72	4,156	2,238	2,232	671.24
Total Non-Operating Income (Expense)	-1,207	-426.31	3,428	1,620	1,741	47.21
Pretax Income	-7,679	-9,184	259.94	7,490	1,977	1,090
Provision for Income Taxes	-1,901	-2,221	69.44	1,260	605.28	194.14
Net Income	-3,590	-4,445	54.54	3,447	620.51	721.02
Minority Interest in Earnings	2,345	2,666	41.05	-3,005	-944.63	-234.55
Net Income to Common	-3,590	-4,445	54.54	3,447	620.51	721.02
Net Income Growth	-	-	-98.42%	455.59%	-13.94%	212.96%
Shares Outstanding (Basic)	52	52	52	52	50	48
Shares Outstanding (Diluted)	52	52	52	57	50	51
Shares Change (YoY)	1.24%	-0.75%	-7.13%	12.83%	-2.58%	20.00%
EPS (Basic)	-68.60	-85.32	1.04	66.40	12.52	15.12
EPS (Diluted)	-68.60	-85.32	-5.08	60.92	12.40	8.04
EPS Growth	-	-	-	391.29%	54.23%	-
Shares Outstanding	52.36	52.36	51.38	52.14	50.3	47.71
Free Cash Flow	-	-2,104	7,757	-1,826	-18,052	-8,223
Free Cash Flow Per Share	-	-40.38	147.77	-32.30	-360.31	-159.89
Dividends Per Share	-	9.093	10.949	10.636	-	-
Dividend Growth	-	-16.95%	2.94%	-	-	-
Gross Margin	8.15%	2.15%	10.90%	16.05%	14.77%	16.31%
Operating Margin	-19.41%	-13.60%	-3.63%	5.13%	0.52%	2.70%
Profit Margin	-17.38%	-10.86%	0.01%	5.44%	1.88%	2.34%
FCF Margin	-	-3.21%	8.41%	-1.54%	-21.72%	-20.14%
EBITDA	-6,628	-874.9	4,474	14,282	3,189	2,905
EBITDA Margin	-19.41%	-1.34%	4.85%	12.03%	3.84%	7.11%
EBIT	-6,628	-8,905	-3,345	6,093	429.25	1,103
EBIT Margin	-19.41%	-13.60%	-3.63%	5.13%	0.52%	2.70%
Effective Tax Rate	24.75%	24.18%	26.71%	16.83%	30.62%	17.81%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.