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

Jinko Solar Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	28,056	27,181	30,301	27,837	19,985	18,409
Trading Asset Securities	2,118	1,302	-	-	119.62	223.53
Cash & Short-Term Investments	30,174	28,483	30,301	27,837	20,105	18,632
Cash Growth	2.02%	-6.00%	8.85%	38.46%	7.90%	14.01%
Accounts Receivable	16,396	17,496	17,402	26,923	23,982	11,742
Other Receivables	1,401	1,803	2,662	1,130	861.54	670.14
Receivables	17,797	19,299	20,065	28,053	24,843	12,412
Inventory	17,707	14,486	12,510	18,216	17,450	13,250
Other Current Assets	5,612	5,760	5,915	8,505	4,848	3,385
Total Current Assets	71,290	68,027	68,790	82,611	67,247	47,679
Property, Plant & Equipment	40,029	40,432	44,874	41,502	32,757	20,435
Long-Term Investments	964.36	800.08	819.78	1,077	1,145	315.1
Other Intangible Assets	2,537	2,568	2,290	2,432	1,511	1,146
Long-Term Deferred Tax Assets	5,607	4,946	3,214	1,575	671.94	215.24
Long-Term Deferred Charges	668.25	642.77	716.24	619.25	650.4	592.36
Other Long-Term Assets	698.53	546.75	405.15	2,300	1,661	2,489
Total Assets	121,794	117,963	121,110	132,117	105,643	72,871

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	31,777	21,315	21,043	39,090	28,651	22,922
Accrued Expenses	448.66	3,065	3,107	3,587	3,494	729.2
Short-Term Debt	2,634	1,466	2,758	6,256	10,131	12,570
Current Portion of Long-Term Debt	-	6,526	2,389	848.48	-	190.82
Current Portion of Leases	-	118.36	125.33	163.62	313.27	197.44
Current Income Taxes Payable	729.39	267.44	757.04	866.27	475.52	132.86
Current Unearned Revenue	6,754	5,041	4,966	6,676	8,740	5,755
Other Current Liabilities	13,240	14,958	14,944	14,355	9,983	4,306
Total Current Liabilities	55,583	52,757	50,090	71,841	61,789	46,804
Long-Term Debt	23,596	24,895	24,647	14,397	4,775	1,090
Long-Term Leases	4,253	6,227	3,157	1,304	1,992	2,118
Long-Term Deferred Tax Liabilities	42.12	39.29	31.05	77.28	74.71	199.06
Other Long-Term Liabilities	9,685	7,147	9,264	10,138	10,319	9,103
Total Liabilities	93,160	91,066	87,189	97,756	78,949	59,314

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	10,269	10,005	10,005	10,005	10,000	8,000
Additional Paid-In Capital	10,809	9,048	9,022	9,029	8,734	594.55
Retained Earnings	4,067	5,417	12,299	14,434	7,884	5,174
Treasury Stock	-300.09	-300.09	-300.09	-300.09	-	-
Comprehensive Income & Other	948.92	1,207	1,284	1,192	75.76	-216.59
Total Common Equity	25,794	25,377	32,310	34,360	26,694	13,552
Minority Interest	2,841	1,520	1,611	-	-	5.28
Shareholders' Equity	28,635	26,897	33,921	34,360	26,694	13,557
Total Liabilities & Equity	121,794	117,963	121,110	132,117	105,643	72,871

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	30,484	39,233	33,076	22,968	17,212	16,167
Net Cash (Debt)	-309.82	-10,750	-2,775	4,869	2,893	2,465
Net Cash Growth	-	-	-	68.28%	17.36%	-71.56%
Net Cash Per Share	-0.03	-1.08	-0.28	0.48	0.27	0.30
Filing Date Shares Outstanding	10,269	10,005	10,005	10,005	10,000	10,000
Total Common Shares Outstanding	10,269	10,005	10,005	10,005	10,000	8,000
Working Capital	15,707	15,271	18,701	10,770	5,458	875.44
Book Value Per Share	2.51	2.54	3.23	3.43	2.67	1.69
Tangible Book Value	23,257	22,810	30,019	31,928	25,183	12,406
Tangible Book Value Per Share	2.26	2.28	3.00	3.19	2.52	1.55
Buildings	-	19,800	20,560	17,665	13,092	6,790
Machinery	-	33,253	35,385	30,385	23,633	15,395
Construction In Progress	-	805.39	2,857	3,774	1,486	2,430

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error