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

Jinko Solar Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	27,591	30,301	27,837	19,985	18,409	16,029
Trading Asset Securities	-	-	-	119.62	223.53	313.64
Cash & Short-Term Investments	27,591	30,301	27,837	20,105	18,632	16,342
Cash Growth	3.46%	8.85%	38.46%	7.90%	14.01%	20.52%
Accounts Receivable	17,914	17,402	26,923	23,982	11,742	7,114
Other Receivables	2,773	2,662	1,130	861.54	670.14	485.58
Receivables	20,687	20,065	28,053	24,843	12,412	7,600
Inventory	14,939	12,510	18,216	17,450	13,250	8,363
Other Current Assets	5,161	5,915	8,505	4,848	3,385	2,198
Total Current Assets	68,379	68,790	82,611	67,247	47,679	34,503
Property, Plant & Equipment	39,839	44,874	41,502	32,757	20,435	13,193
Long-Term Investments	730.8	819.78	1,077	1,145	315.1	9.48
Other Intangible Assets	2,250	2,290	2,432	1,511	1,146	796.11
Long-Term Deferred Tax Assets	4,817	3,214	1,575	671.94	215.24	248.13
Long-Term Deferred Charges	673.55	716.24	619.25	650.4	592.36	363.28
Other Long-Term Assets	508.54	405.15	2,300	1,661	2,489	1,421
Total Assets	117,198	121,110	132,117	105,643	72,871	50,535
Accounts Payable	30,697	21,043	39,090	28,651	22,922	13,746
Accrued Expenses	414.7	3,107	3,587	3,494	729.2	1,389
Short-Term Debt	2,066	2,758	6,256	10,131	12,570	7,277
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	1,289	757.04	866.27	475.52	132.86	50.84
Current Unearned Revenue	4,430	4,966	6,676	8,740	5,755	2,432
Other Current Liabilities	12,300	14,944	14,355	9,983	4,306	4,653
Total Current Liabilities	51,197	50,090	71,841	61,789	46,804	29,548
Long-Term Debt	25,345	24,647	14,397	4,775	1,090	396.16
Long-Term Leases	240.1	3,157	1,304	1,992	2,118	-
Long-Term Deferred Tax Liabilities	19.16	31.05	77.28	74.71	199.06	204.55
Other Long-Term Liabilities	10,492	9,264	10,138	10,319	9,103	7,872
Total Liabilities	87,293	87,189	97,756	78,949	59,314	38,021
Common Stock	10,005	10,005	10,005	10,000	8,000	8,000
Additional Paid-In Capital	9,042	9,022	9,029	8,734	594.55	594.37
Retained Earnings	8,378	12,299	14,434	7,884	5,174	4,033
Treasury Stock	-300.09	-300.09	-300.09	-	-	-
Comprehensive Income & Other	1,262	1,284	1,192	75.76	-216.59	-118.07
Total Common Equity	28,388	32,310	34,360	26,694	13,552	12,509
Minority Interest	1,517	1,611	-	-	5.28	5.33
Shareholders' Equity	29,905	33,921	34,360	26,694	13,557	12,514
Total Liabilities & Equity	117,198	121,110	132,117	105,643	72,871	50,535
Total Debt	27,650	33,076	22,968	17,212	16,167	7,673
Net Cash (Debt)	-58.97	-2,775	4,869	2,893	2,465	8,669
Net Cash Growth	-	-	68.28%	17.36%	-71.56%	160.70%
Net Cash Per Share	-0.01	-0.28	0.48	0.27	0.30	1.50
Filing Date Shares Outstanding	10,005	10,005	10,005	10,000	10,000	8,000
Total Common Shares Outstanding	10,005	10,005	10,005	10,000	8,000	8,000
Working Capital	17,182	18,701	10,770	5,458	875.44	4,955
Book Value Per Share	2.84	3.23	3.43	2.67	1.69	1.56
Tangible Book Value	26,137	30,019	31,928	25,183	12,406	11,713
Tangible Book Value Per Share	2.61	3.00	3.19	2.52	1.55	1.46
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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.