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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	26,668	27,837	19,985	18,409	16,029	13,542
Trading Asset Securities	-	103.1	119.62	223.53	313.64	17.74
Cash & Short-Term Investments	26,668	27,940	20,105	18,632	16,342	13,559
Cash Growth	-	38.97%	7.90%	14.01%	20.53%	67.26%
Accounts Receivable	23,495	26,923	23,982	11,742	7,114	8,745
Other Receivables	2,400	1,130	861.54	670.14	485.58	477.55
Receivables	25,895	28,053	24,843	12,412	7,600	9,223
Inventory	15,233	18,216	17,450	13,250	8,363	5,351
Other Current Assets	5,735	8,402	4,848	3,385	2,198	3,330
Total Current Assets	73,532	82,611	67,247	47,679	34,503	31,463
Property, Plant & Equipment	45,802	41,502	32,757	20,435	13,193	11,587
Long-Term Investments	873.46	1,077	1,145	315.1	9.48	12.23
Other Intangible Assets	2,159	2,432	1,511	1,146	796.11	634.32
Long-Term Deferred Tax Assets	2,536	1,575	671.94	215.24	248.13	152.13
Long-Term Deferred Charges	744.82	619.25	650.4	592.36	363.28	326.59
Other Long-Term Assets	552.66	2,300	1,661	2,489	1,421	965.13
Total Assets	126,199	132,117	105,643	72,871	50,535	45,141
Accounts Payable	34,985	39,090	28,651	22,922	13,746	12,414
Accrued Expenses	795.6	4,761	3,494	729.2	1,389	1,482
Short-Term Debt	5,322	6,256	10,131	12,570	7,277	8,479
Current Portion of Long-Term Debt	-	-	-	190.82	-	206.88
Current Portion of Leases	-	163.62	313.27	197.44	-	140.06
Current Income Taxes Payable	1,073	866.27	475.52	132.86	50.84	115.39
Current Unearned Revenue	4,998	6,676	8,740	5,755	2,432	4,331
Other Current Liabilities	7,209	14,029	9,983	4,306	4,653	3,556
Total Current Liabilities	54,382	71,841	61,789	46,804	29,548	30,725
Long-Term Debt	22,203	14,397	4,775	1,090	396.16	383.5
Long-Term Leases	460.84	1,304	1,992	2,118	-	1,025
Long-Term Deferred Tax Liabilities	0.89	77.28	74.71	199.06	204.55	174.55
Other Long-Term Liabilities	13,672	10,138	10,319	9,103	7,872	3,779
Total Liabilities	90,719	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	9,048	9,029	8,734	594.55	594.37	349.69
Retained Earnings	13,415	14,434	7,884	5,174	4,033	4,217
Treasury Stock	-300.09	-300.09	-	-	-	-
Comprehensive Income & Other	1,122	1,192	75.76	-216.59	-118.07	29.96
Total Common Equity	33,290	34,360	26,694	13,552	12,509	8,803
Minority Interest	2,191	-	-	5.28	5.33	251.51
Shareholders' Equity	35,480	34,360	26,694	13,557	12,514	9,054
Total Liabilities & Equity	126,199	132,117	105,643	72,871	50,535	45,141
Total Debt	27,985	22,120	17,212	16,167	7,673	10,234
Net Cash (Debt)	-1,317	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	-0.13	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	19,149	10,770	5,458	875.44	4,955	738.13
Book Value Per Share	3.33	3.43	2.67	1.69	1.56	-
Tangible Book Value	31,131	31,928	25,183	12,406	11,713	8,168
Tangible Book Value Per Share	3.11	3.19	2.52	1.55	1.46	-
Buildings	-	17,665	13,092	6,790	-	3,667
Machinery	-	30,385	23,633	15,395	-	10,649
Construction In Progress	-	3,774	1,486	2,430	-	653.71

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