Jinko Solar Co., Ltd. (SHA:688223)
China · Delayed Price · Currency is CNY 3.860
-0.040 (-1.03%)
Sep 14, 2026, 3:00 PM CST
Jinko Solar Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | -7,049 | -6,882 | 98.93 | 7,440 | 2,939 | 1,141 |
Depreciation & Amortization | 7,847 | 8,147 | 7,744 | 7,860 | 2,895 | 1,718 |
Other Amortization | 538.83 | 452.09 | 283.21 | 309.47 | 201.9 | 135.93 |
Loss (Gain) From Sale of Assets | -16.67 | 12.31 | 459.38 | 113.76 | 394.65 | 352.09 |
Asset Writedown & Restructuring Costs | 1,652 | 1,665 | 589.57 | 642.64 | 227.7 | 459.6 |
Loss (Gain) From Sale of Investments | -307.22 | 34.61 | -947.51 | -22.15 | -22.16 | -308.46 |
Provision & Write-off of Bad Debts | 224.6 | 169.35 | 205.67 | 115.84 | 119.44 | - |
Other Operating Activities | 4,657 | 2,945 | 2,308 | 850.76 | 521.96 | 1,249 |
Change in Accounts Receivable | 3,117 | 58.51 | 14,417 | -3,532 | -13,633 | -8,687 |
Change in Inventory | -4,642 | -2,761 | 4,864 | -1,425 | -4,831 | -5,258 |
Change in Accounts Payable | 1,619 | -144.51 | -20,520 | 13,108 | 15,436 | 12,399 |
Change in Other Net Operating Assets | 22.6 | 27.61 | 50.12 | 254.34 | 415.6 | - |
Operating Cash Flow | 6,494 | 2,000 | 7,867 | 24,816 | 4,084 | 3,229 |
Operating Cash Flow Growth | 14.45% | -74.57% | -68.30% | 507.62% | 26.50% | 28.74% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -4,278 | -2,852 | -9,185 | -20,358 | -14,905 | -9,168 |
Sale of Property, Plant & Equipment | 547.72 | 197.98 | 291.98 | 405.2 | 669.5 | 23.12 |
Divestitures | 221.78 | 221.78 | 1,195 | 36.4 | - | - |
Investment in Securities | -6,992 | -1,400 | -5.5 | - | -465 | -465 |
Other Investing Activities | -650.65 | -402.87 | -33.04 | -211.38 | -143.55 | 417.12 |
Investing Cash Flow | -11,151 | -4,236 | -7,737 | -20,128 | -14,844 | -9,131 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 14,428 | 35,964 | 34,638 | 27,374 | 30,252 |
Long-Term Debt Repaid | - | -12,024 | -25,221 | -29,114 | -26,487 | -24,436 |
Lease Payments | -1,581 | -1,877 | -1,385 | -2,054 | -2,409 | -1,088 |
Net Debt Issued (Repaid) | -2,960 | 2,404 | 10,743 | 5,524 | 886.45 | 5,817 |
Issuance of Common Stock | - | - | - | 45.29 | 9,770 | - |
Repurchase of Common Stock | - | - | - | -300.09 | - | - |
Common Dividends Paid | -654.1 | -778.18 | -2,601 | -1,200 | -655.58 | -387.76 |
Other Financing Activities | -608.29 | -2,370 | -2,340 | -635.93 | 1,684 | 254.56 |
Financing Cash Flow | -4,222 | -744.49 | 5,803 | 3,434 | 11,685 | 5,684 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -747.11 | -143.91 | 699.52 | 570.21 | 227.96 | -33.3 |
Net Cash Flow | -9,626 | -3,124 | 6,632 | 8,692 | 1,153 | -251.57 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 2,216 | -851.62 | -1,318 | 4,458 | -10,821 | -5,939 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 3.79% | -1.30% | -1.43% | 3.76% | -13.09% | -14.64% |
Free Cash Flow Per Share | 0.22 | -0.09 | -0.13 | 0.44 | -0.99 | -0.73 |
Levered Free Cash Flow | 965.22 | -658.2 | -5,554 | -1,908 | -11,185 | -5,746 |
Unlevered Free Cash Flow | 2,082 | 409.19 | -4,687 | -1,170 | -10,516 | -5,220 |
Free Cash Flow After Leases | 635.24 | -2,729 | -2,703 | 2,405 | -13,229 | -7,027 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Income Tax Paid | - | -900.86 | -2,045 | -2,725 | -3,139 | -2,314 |
Change in Working Capital | -1,052 | -4,543 | -2,874 | 7,505 | -3,193 | -1,519 |