Jinko Solar 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	-	30,301	27,837	19,985	18,409
Trading Asset Securities	-	-	-	119.62	223.53
Cash & Short-Term Investments	27,591	30,301	27,837	20,105	18,632
Cash Growth	-8.94%	8.85%	38.46%	7.90%	14.01%
Accounts Receivable	-	17,402	26,923	23,982	11,742
Other Receivables	-	2,662	1,130	861.54	670.14
Receivables	-	20,065	28,053	24,843	12,412
Inventory	-	12,510	18,216	17,450	13,250
Other Current Assets	-	5,915	8,505	4,848	3,385
Total Current Assets	-	68,790	82,611	67,247	47,679
Property, Plant & Equipment	-	44,874	41,502	32,757	20,435
Long-Term Investments	-	819.78	1,077	1,145	315.1
Other Intangible Assets	-	2,290	2,432	1,511	1,146
Long-Term Deferred Tax Assets	-	3,214	1,575	671.94	215.24
Long-Term Deferred Charges	-	716.24	619.25	650.4	592.36
Other Long-Term Assets	-	405.15	2,300	1,661	2,489
Total Assets	-	121,110	132,117	105,643	72,871
Accounts Payable	-	21,043	39,090	28,651	22,922
Accrued Expenses	-	3,107	3,587	3,494	729.2
Short-Term Debt	-	2,758	6,256	10,131	12,570
Current Portion of Long-Term Debt	-	2,389	848.48	-	190.82
Current Portion of Leases	-	125.33	163.62	313.27	197.44
Current Income Taxes Payable	-	757.04	866.27	475.52	132.86
Current Unearned Revenue	-	4,966	6,676	8,740	5,755
Other Current Liabilities	-	14,944	14,355	9,983	4,306
Total Current Liabilities	-	50,090	71,841	61,789	46,804
Long-Term Debt	-	24,647	14,397	4,775	1,090
Long-Term Leases	-	3,157	1,304	1,992	2,118
Long-Term Deferred Tax Liabilities	-	31.05	77.28	74.71	199.06
Other Long-Term Liabilities	-	9,264	10,138	10,319	9,103
Total Liabilities	-	87,189	97,756	78,949	59,314
Common Stock	-	10,005	10,005	10,000	8,000
Additional Paid-In Capital	-	9,022	9,029	8,734	594.55
Retained Earnings	-	12,299	14,434	7,884	5,174
Treasury Stock	-	-300.09	-300.09	-	-
Comprehensive Income & Other	-	1,284	1,192	75.76	-216.59
Total Common Equity	28,388	32,310	34,360	26,694	13,552
Minority Interest	-	1,611	-	-	5.28
Shareholders' Equity	29,905	33,921	34,360	26,694	13,557
Total Liabilities & Equity	-	121,110	132,117	105,643	72,871
Total Debt	27,650	33,076	22,968	17,212	16,167
Net Cash (Debt)	-58.97	-2,775	4,869	2,893	2,465
Net Cash Growth	-	-	68.28%	17.36%	-71.56%
Net Cash Per Share	-0.01	-0.28	0.48	0.27	0.30
Filing Date Shares Outstanding	10,005	10,005	10,005	10,000	10,000
Total Common Shares Outstanding	10,005	10,005	10,005	10,000	8,000
Working Capital	-	18,701	10,770	5,458	875.44
Book Value Per Share	2.84	3.23	3.43	2.67	1.69
Tangible Book Value	26,137	30,019	31,928	25,183	12,406
Tangible Book Value Per Share	2.61	3.00	3.19	2.52	1.55
Buildings	-	20,560	17,665	13,092	6,790
Machinery	-	35,385	30,385	23,633	15,395
Construction In Progress	-	2,857	3,774	1,486	2,430

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.