JinkoSolar Holding Co., Ltd. (JKS)

JinkoSolar Holding Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	22,371	16,061	10,244	8,321	7,482	5,654
Short-Term Investments	-	1,024	104.5	150	570	-
Cash & Short-Term Investments	22,371	17,084	10,348	8,471	8,052	5,654
Cash Growth	64.31%	65.10%	22.15%	5.21%	42.41%	82.09%
Accounts Receivable	23,511	27,049	23,795	9,190	6,030	7,335
Other Receivables	-	279.22	1,193	222.86	772.88	125.62
Receivables	23,511	27,351	25,011	9,412	6,878	7,552
Inventory	18,261	22,781	20,778	14,789	9,380	8,341
Prepaid Expenses	-	237.06	205.97	98.32	211.85	210.37
Restricted Cash	-	3,008	1,027	602.04	593.09	576.55
Other Current Assets	10,169	12,483	10,957	12,151	8,567	9,354
Total Current Assets	74,312	82,945	68,327	45,524	33,682	31,688
Property, Plant & Equipment	46,203	42,010	33,245	21,037	13,601	11,786
Long-Term Investments	1,849	2,222	1,711	633.87	194.26	278.02
Other Intangible Assets	2,168	2,390	1,511	1,146	796.8	634.32
Long-Term Deferred Tax Assets	1,580	1,290	704.24	371.77	255.11	271.29
Other Long-Term Assets	4,103	4,975	3,163	4,271	4,703	3,187
Total Assets	130,216	135,832	108,662	72,983	53,232	47,845
Accounts Payable	24,799	41,166	31,002	6,816	4,451	4,989
Accrued Expenses	2,606	5,430	4,572	2,832	2,261	1,898
Short-Term Debt	8,961	10,896	10,317	24,040	16,892	16,036
Current Portion of Long-Term Debt	-	3,471	2,102	1,372	2,513	529.86
Current Portion of Leases	120.3	155.93	233.87	257.45	320.85	278.44
Current Income Taxes Payable	347.52	1,016	737.74	214.86	73.72	117.42
Current Unearned Revenue	6,467	6,965	9,224	6,114	2,451	4,351
Other Current Liabilities	17,689	11,961	6,747	3,814	2,254	3,078
Total Current Liabilities	60,990	81,061	64,936	45,459	31,217	31,277
Long-Term Debt	27,167	16,024	14,093	10,995	7,302	2,314
Long-Term Leases	470.71	557.14	409.77	621.79	590.33	863.02
Long-Term Deferred Tax Liabilities	138.39	131.51	194.81	183	328.71	250.73
Other Long-Term Liabilities	8,113	4,524	2,024	1,437	804.24	698.3
Total Liabilities	96,879	102,298	81,658	58,696	40,242	35,404
Common Stock	20,118	0.03	0.03	0.03	0.03	0.02
Additional Paid-In Capital	-	10,738	9,913	5,618	5,251	4,583
Retained Earnings	-	9,138	6,250	5,629	4,908	4,671
Treasury Stock	-	-79.28	-43.17	-43.17	-43.17	-13.88
Comprehensive Income & Other	-	359.58	217.56	-154.38	-128.62	62.95
Total Common Equity	20,118	20,156	16,337	11,050	9,988	9,303
Minority Interest	13,219	13,378	10,667	3,237	3,003	3,138
Shareholders' Equity	33,337	33,534	27,004	14,287	12,991	12,441
Total Liabilities & Equity	130,216	135,832	108,662	72,983	53,232	47,845
Total Debt	36,719	31,104	27,156	37,286	27,618	20,022
Net Cash (Debt)	-14,348	-14,020	-16,808	-28,815	-19,566	-14,368
Net Cash Per Share	-261.81	-248.01	-335.48	-560.27	-437.38	-339.34
Filing Date Shares Outstanding	51.23	53.15	50.3	47.71	46.86	44.73
Total Common Shares Outstanding	51.23	52.14	50.3	47.71	46.86	44.73
Working Capital	13,321	1,885	3,391	64.61	2,465	411.02
Book Value Per Share	392.72	386.58	324.81	231.62	213.15	207.98
Tangible Book Value	17,949	17,766	14,826	9,904	9,191	8,669
Tangible Book Value Per Share	350.39	340.74	294.77	207.61	196.14	193.80
Buildings	-	17,196	12,656	6,875	4,396	3,568
Machinery	-	31,739	24,546	15,680	11,215	9,332
Construction In Progress	-	3,890	1,551	2,647	708.06	806.05

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