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

Jinko Solar Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	27,837	19,985	18,409	16,029
Trading Asset Securities	-	103.1	119.62	223.53	313.64
Cash & Short-Term Investments	26,668	27,940	20,105	18,632	16,342
Cash Growth	-4.55%	38.97%	7.90%	14.01%	20.53%
Accounts Receivable	-	26,923	23,982	11,742	7,114
Other Receivables	-	1,130	861.54	670.14	485.58
Receivables	-	28,053	24,843	12,412	7,600
Inventory	-	18,216	17,450	13,250	8,363
Other Current Assets	-	8,402	4,848	3,385	2,198
Total Current Assets	-	82,611	67,247	47,679	34,503
Property, Plant & Equipment	-	41,502	32,757	20,435	13,193
Long-Term Investments	-	1,077	1,145	315.1	9.48
Other Intangible Assets	-	2,432	1,511	1,146	796.11
Long-Term Deferred Tax Assets	-	1,575	671.94	215.24	248.13
Long-Term Deferred Charges	-	619.25	650.4	592.36	363.28
Other Long-Term Assets	-	2,300	1,661	2,489	1,421
Total Assets	-	132,117	105,643	72,871	50,535
Accounts Payable	-	39,090	28,651	22,922	13,746
Accrued Expenses	-	4,761	3,494	729.2	1,389
Short-Term Debt	-	6,256	10,131	12,570	7,277
Current Portion of Long-Term Debt	-	-	-	190.82	-
Current Portion of Leases	-	163.62	313.27	197.44	-
Current Income Taxes Payable	-	866.27	475.52	132.86	50.84
Current Unearned Revenue	-	6,676	8,740	5,755	2,432
Other Current Liabilities	-	14,029	9,983	4,306	4,653
Total Current Liabilities	-	71,841	61,789	46,804	29,548
Long-Term Debt	-	14,397	4,775	1,090	396.16
Long-Term Leases	-	1,304	1,992	2,118	-
Long-Term Deferred Tax Liabilities	-	77.28	74.71	199.06	204.55
Other Long-Term Liabilities	-	10,138	10,319	9,103	7,872
Total Liabilities	-	97,756	78,949	59,314	38,021
Common Stock	-	10,005	10,000	8,000	8,000
Additional Paid-In Capital	-	9,029	8,734	594.55	594.37
Retained Earnings	-	14,434	7,884	5,174	4,033
Treasury Stock	-	-300.09	-	-	-
Comprehensive Income & Other	-	1,192	75.76	-216.59	-118.07
Total Common Equity	33,290	34,360	26,694	13,552	12,509
Minority Interest	-	-	-	5.28	5.33
Shareholders' Equity	35,480	34,360	26,694	13,557	12,514
Total Liabilities & Equity	-	132,117	105,643	72,871	50,535
Total Debt	27,985	22,120	17,212	16,167	7,673
Net Cash (Debt)	-1,317	5,821	2,893	2,465	8,669
Net Cash Growth	-	101.17%	17.36%	-71.56%	160.70%
Net Cash Per Share	-0.15	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	-	10,770	5,458	875.44	4,955
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
Tangible Book Value Per Share	3.11	3.19	2.52	1.55	1.46
Buildings	-	17,665	13,092	6,790	-
Machinery	-	30,385	23,633	15,395	-
Construction In Progress	-	3,774	1,486	2,430	-

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