Jinko Solar Co., Ltd. (SHA: 688223)

Jinko Solar Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	19,523	27,837	19,985	18,409	16,029	13,542
Trading Asset Securities	122.27	103.1	119.62	223.53	313.64	17.74
Cash & Short-Term Investments	19,645	27,940	20,105	18,632	16,342	13,559
Cash Growth	-21.04%	38.97%	7.90%	14.01%	20.53%	67.26%
Accounts Receivable	24,322	26,923	23,982	11,742	7,114	8,745
Other Receivables	1,660	1,130	861.54	670.14	485.58	477.55
Receivables	25,982	28,053	24,843	12,412	7,600	9,223
Inventory	19,490	18,216	17,450	13,250	8,363	5,351
Other Current Assets	6,512	8,402	4,848	3,385	2,198	3,330
Total Current Assets	71,629	82,611	67,247	47,679	34,503	31,463
Property, Plant & Equipment	45,825	41,502	32,757	20,435	13,193	11,587
Long-Term Investments	900.25	1,077	1,145	315.1	9.48	12.23
Other Intangible Assets	2,204	2,432	1,511	1,146	796.11	634.32
Long-Term Deferred Tax Assets	2,330	1,575	671.94	215.24	248.13	152.13
Long-Term Deferred Charges	697.88	619.25	650.4	592.36	363.28	326.59
Other Long-Term Assets	941.15	2,300	1,661	2,489	1,421	965.13
Total Assets	124,528	132,117	105,643	72,871	50,535	45,141
Accounts Payable	30,894	39,090	28,651	22,922	13,746	12,414
Accrued Expenses	3,146	4,761	3,494	729.2	1,389	1,482
Short-Term Debt	3,713	6,256	10,131	12,570	7,277	8,479
Current Portion of Long-Term Debt	1,676	-	-	190.82	-	206.88
Current Portion of Leases	127.53	163.62	313.27	197.44	-	140.06
Current Income Taxes Payable	823.2	866.27	475.52	132.86	50.84	115.39
Current Unearned Revenue	6,186	6,676	8,740	5,755	2,432	4,331
Other Current Liabilities	14,104	14,029	9,983	4,306	4,653	3,556
Total Current Liabilities	60,671	71,841	61,789	46,804	29,548	30,725
Long-Term Debt	17,942	14,397	4,775	1,090	396.16	383.5
Long-Term Leases	1,886	1,304	1,992	2,118	-	1,025
Long-Term Deferred Tax Liabilities	6.62	77.28	74.71	199.06	204.55	174.55
Other Long-Term Liabilities	10,608	10,138	10,319	9,103	7,872	3,779
Total Liabilities	91,113	97,756	78,949	59,314	38,021	36,087
Common Stock	10,005	10,005	10,000	8,000	8,000	4,206
Additional Paid-In Capital	9,091	9,029	8,734	594.55	594.37	349.69
Retained Earnings	13,400	14,434	7,884	5,174	4,033	4,217
Treasury Stock	-300.09	-300.09	-	-	-	-
Comprensive Income & Other	1,219	1,192	75.76	-216.59	-118.07	29.96
Total Common Equity	33,415	34,360	26,694	13,552	12,509	8,803
Minority Interest	-	-	-	5.28	5.33	251.51
Shareholders' Equity	33,415	34,360	26,694	13,557	12,514	9,054
Total Liabilities & Equity	124,528	132,117	105,643	72,871	50,535	45,141
Total Debt	25,345	22,120	17,212	16,167	7,673	10,234
Net Cash (Debt)	-5,699	5,821	2,893	2,465	8,669	3,325
Net Cash Growth	-	101.17%	17.36%	-71.56%	160.70%	640.53%
Net Cash Per Share	-0.55	0.57	0.27	0.30	1.50	-
Filing Date Shares Outstanding	10,005	10,005	10,000	10,000	8,000	-
Total Common Shares Outstanding	10,005	10,005	10,000	8,000	8,000	-
Working Capital	10,959	10,770	5,458	875.44	4,955	738.13
Book Value Per Share	3.34	3.43	2.67	1.69	1.56	-
Tangible Book Value	31,210	31,928	25,183	12,406	11,713	8,168
Tangible Book Value Per Share	3.12	3.19	2.52	1.55	1.46	-
Buildings	20,247	17,665	13,092	6,790	-	3,667
Machinery	34,397	30,385	23,633	15,395	-	10,649
Construction In Progress	4,373	3,774	1,486	2,430	-	653.71

Source: S&P Capital IQ. Standard template. Financial Sources.