Jinkosolar Hold Financials
Jinkosolar Hold (JKS) reported $9.4B in revenue for fiscal year 2025, down 25.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
JinkoSolar’s recent numbers show a manufacturing business squeezed by vanishing gross margin, where cash lasts longer than earnings.
Between FY2023 and FY2025, gross profit collapsed from$2.68B to$202M while revenue fell from$16.7B to$9.37B , pushing gross margin from16.1% to2.2% ; that means the company did not just sell less, it lost most of the spread that normally pays overhead and interest. Even in FY2025, operating cash flow stayed positive at$155M because depreciation of$1.13B cushioned cash against the EBITDA loss, so accounting losses deteriorated faster than cash generation.
The current ratio improved from 1.0x in FY2023 to 1.3x in FY2025, and cash remained
This remains a capital-intensive business: FY2024 free cash flow turned positive at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Jinkosolar Hold's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Jinkosolar Hold has an operating margin of -13.6%, meaning the company loses $14 on every $100 of revenue. This results in a profitability score of 21/100. This is down from -3.6% the prior year.
Jinkosolar Hold's revenue declined 25.9% year-over-year, from $12.6B to $9.4B. This contraction results in a growth score of 4/100.
Jinkosolar Hold has elevated debt relative to equity (D/E of 5.94), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
Jinkosolar Hold's current ratio of 1.25 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.
While Jinkosolar Hold generated $154.7M in operating cash flow, capex of $455.6M consumed most of it, leaving -$300.8M in free cash flow. This results in a low score of 31/100, reflecting heavy capital investment rather than weak cash generation.
Jinkosolar Hold posts a -28.3% return on equity (ROE), meaning it loses $28 for every $100 of shareholders' equity. This results in a returns score of 19/100. This is down from 0.3% the prior year.
Jinkosolar Hold passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Jinkosolar Hold reported a net loss of $635.6M while generating $154.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Jinkosolar Hold reported an operating loss of $1.3B against $194.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Jinkosolar Hold generated $9.4B in revenue in fiscal year 2025. This represents a decrease of 25.9% from the prior year.
Jinkosolar Hold's EBITDA was -$146.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 124.9% from the prior year.
Jinkosolar Hold reported -$635.6M in net income in fiscal year 2025. This represents a decrease of 8605.8% from the prior year.
Jinkosolar Hold earned -$3.05 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1694.1% from the prior year.
Cash & Balance Sheet
Jinkosolar Hold recorded an outflow of $300.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 128.3% from the prior year.
Jinkosolar Hold held $2.9B in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Jinkosolar Hold's gross margin was 2.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 8.8 percentage points from the prior year.
Jinkosolar Hold's operating margin was -13.6% in fiscal year 2025, reflecting core business profitability. This is down 10.0 percentage points from the prior year.
Jinkosolar Hold's net profit margin was -6.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.9 percentage points from the prior year.
Jinkosolar Hold's ROE was -28.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 28.5 percentage points from the prior year.
Capital Allocation
Jinkosolar Hold invested $128.3M in research and development in fiscal year 2025. This represents an increase of 1.7% from the prior year.
Jinkosolar Hold spent $568K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 99.5% from the prior year.
Jinkosolar Hold invested $455.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 63.4% from the prior year.
JKS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4B-25.9% | $12.6B-24.4% | $16.7B+38.7% | $12.1B+88.1% | $6.4B+19.0% | $5.4B+26.0% | $4.3B+17.3% | $3.6B-10.5% | $4.1B+32.0% | $3.1B+24.2% | $2.5B+54.3% | $1.6B+37.5% | $1.2B+51.9% | $769.6M-34.4% | $1.2B |
| Cost of Revenue | $9.2B-18.6% | $11.3B-19.8% | $14.0B+36.6% | $10.3B+91.6% | $5.4B+20.8% | $4.4B+27.1% | $3.5B+11.5% | $3.1B-13.2% | $3.6B+42.9% | $2.5B+27.7% | $2.0B+58.5% | $1.2B+33.8% | $931.9M+27.3% | $732.3M-26.1% | $990.7M |
| Gross Profit | $201.7M-85.4% | $1.4B-48.6% | $2.7B+50.7% | $1.8B+70.4% | $1.0B+10.5% | $945.8M+21.2% | $780.2M+52.7% | $511.1M+11.1% | $459.8M-17.5% | $557.3M+10.4% | $504.8M+39.8% | $361.0M+52.1% | $237.4M+537.0% | $37.3M-79.6% | $182.7M |
| R&D Expenses | $128.3M+1.7% | $126.1M-1.8% | $128.4M+22.2% | $105.1M+45.1% | $72.4M+21.4% | $59.6M+28.0% | $46.6M-12.6% | $53.3M+17.9% | $45.2M+73.3% | $26.1M+17.6% | $22.2M+29.1% | $17.2M+58.9% | $10.8M-2.3% | $11.1M+132.3% | $4.8M |
| SG&A Expenses | $472.6M-25.0% | $629.9M-2.4% | $645.6M+26.9% | $508.7M+65.1% | $308.1M+42.7% | $216.0M+42.0% | $152.1M+34.2% | $113.4M+56.6% | $72.4M-35.5% | $112.2M+9.6% | $102.4M+49.9% | $68.3M+79.7% | $38.0M-68.9% | $122.1M+83.0% | $66.7M |
| Operating Income | -$1.3B-177.9% | -$458.2M-153.4% | $858.1M+1278.8% | $62.2M-64.0% | $173.0M-36.8% | $273.6M+10.1% | $248.4M+164.9% | $93.8M+87.6% | $50.0M-74.3% | $194.3M-4.5% | $203.5M+35.5% | $150.1M+40.8% | $106.6M+153.9% | -$198.0M-494.5% | $50.2M |
| Interest Expense | $194.5M+24.2% | $156.6M-5.1% | $165.0M+5.4% | $156.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$317.6M-3438.5% | $9.5M-94.6% | $177.5M+102.3% | $87.8M+188.1% | $30.5M+11.4% | $27.3M-31.5% | $39.9M+6125.9% | $641K-9.8% | $711K-98.1% | $37.1M+114.8% | $17.3M+179.8% | -$21.7M-807.2% | $3.1M+313.9% | -$1.4M-111.1% | $12.9M |
| Net Income | -$635.6M-8605.8% | $7.5M-98.5% | $485.6M+439.7% | $90.0M-20.5% | $113.1M+220.4% | $35.3M-72.6% | $129.1M+118.3% | $59.1M+171.4% | $21.8M-91.7% | $263.1M+149.3% | $105.6M-2.7% | $108.5M+249.3% | $31.1M+112.5% | -$247.6M-670.1% | $43.4M |
| EPS (Diluted) | -$3.05-1694.1% | -$0.17-107.9% | $2.15+377.8% | $0.45 | $0.31+247.6% | -$0.21-130.0% | $0.70+84.2% | $0.38+123.5% | $0.17 | $1.10 | $0.83+33.9% | $0.62 | $0.32+111.5% | -$2.79-1295.0% | -$0.20 |
JKS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.3B+1.2% | $17.1B-10.6% | $19.1B+21.4% | $15.8B+37.6% | $11.5B+40.4% | $8.2B+18.7% | $6.9B+31.8% | $5.2B+18.5% | $4.4B+17.1% | $3.8B-10.3% | $4.2B+36.2% | $3.1B+75.5% | $1.8B+30.4% | $1.3B-7.8% | $1.5B |
| Current Assets | $9.8B+4.3% | $9.4B-19.2% | $11.7B+17.9% | $9.9B+38.7% | $7.1B+38.4% | $5.2B+13.4% | $4.6B+36.9% | $3.3B+10.3% | $3.0B+6.2% | $2.8B+25.9% | $2.3B+34.3% | $1.7B+90.1% | $882.6M+38.0% | $639.7M-12.6% | $732.2M |
| Cash & Equivalents | $2.9B-16.6% | $3.4B+51.7% | $2.3B+52.3% | $1.5B+13.7% | $1.3B+13.9% | $1.1B+41.2% | $812.1M+79.8% | $451.6M+52.4% | $296.4M-22.9% | $384.5M+11.6% | $344.6M+25.6% | $274.3M+273.2% | $73.5M+64.1% | $44.8M-35.7% | $69.6M |
| Inventory | $2.1B+20.9% | $1.7B-33.2% | $2.6B+1.4% | $2.5B+21.7% | $2.1B+62.0% | $1.3B+53.6% | $835.8M+0.1% | $835.3M+27.2% | $656.9M+1.9% | $644.3M+30.3% | $494.5M+62.2% | $304.8M+159.1% | $117.6M+38.8% | $84.7M-33.2% | $126.8M |
| Accounts Receivable | N/A | N/A | N/A | $2.4B+106.2% | $1.2B+68.7% | $695.0M-8.1% | $756.5M-4.3% | $790.7M+14.4% | $691.3M+1.0% | $684.7M+32.1% | $518.2M+3.1% | $502.6M+84.5% | $272.4M-0.9% | $274.9M+8.1% | $254.2M |
| Total Liabilities | $13.4B+7.6% | $12.4B-13.8% | $14.4B+21.7% | $11.8B+28.5% | $9.2B+49.3% | $6.2B+21.3% | $5.1B+27.6% | $4.0B+18.1% | $3.4B+19.3% | $2.8B-13.5% | $3.3B+43.7% | $2.3B+60.4% | $1.4B+26.3% | $1.1B+12.7% | $996.4M |
| Current Liabilities | $7.9B+5.5% | $7.5B-34.6% | $11.4B+21.3% | $9.4B+32.0% | $7.1B+49.1% | $4.8B+6.5% | $4.5B+28.0% | $3.5B+14.4% | $3.1B+16.0% | $2.6B+12.5% | $2.4B+38.7% | $1.7B+41.9% | $1.2B+19.4% | $1.0B+11.7% | $896.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $284.3M+387.1% | $58.4M-17.0% | $70.4M-90.2% | $714.4M+363.4% | $154.2M+157.8% | $59.8M+123.1% | $26.8M+8.5% | $24.7M |
| Total Equity | $2.2B-17.5% | $2.7B-4.0% | $2.8B+19.9% | $2.4B+36.6% | $1.7B+13.3% | $1.5B+14.5% | $1.3B+17.2% | $1.1B+10.9% | $1.0B+10.5% | $930.5M+39.5% | $667.2M+18.0% | $565.2M+70.3% | $332.0M+51.5% | $219.1M-52.4% | $460.0M |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $74.6M+416.2% | -$23.6M+54.8% | -$52.2M-127.0% | $193.4M |
Not reported in any period shown, so not listed: Goodwill.
JKS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $154.7M-93.3% | $2.3B+18.5% | $1.9B+331.5% | -$841.0M-1344.5% | $67.6M-25.5% | $90.6M-55.3% | $202.6M+126.7% | $89.4M+428.4% | -$27.2M+89.5% | -$259.7M-225.6% | $206.7M+585.6% | $30.1M-70.8% | $103.3M-10.2% | $115.0M+190.7% | -$126.8M |
| Capital Expenditures | $455.6M-63.4% | $1.2B-42.2% | $2.2B+21.2% | $1.8B+30.8% | $1.4B+118.5% | $621.5M+31.2% | $473.7M+34.5% | $352.2M+5.2% | $334.8M+17.7% | $284.5M+114.2% | $132.9M+68.2% | $79.0M+3.2% | $76.5M+292.9% | $19.5M-93.9% | $320.2M |
| Free Cash Flow | -$300.8M-128.3% | $1.1B+615.5% | -$206.2M+92.1% | -$2.6B-102.8% | -$1.3B-143.1% | -$530.8M-95.8% | -$271.0M-3.1% | -$262.8M+27.4% | -$362.0M+33.5% | -$544.2M-836.8% | $73.9M+251.3% | -$48.8M-282.6% | $26.7M-72.0% | $95.5M+121.4% | -$447.0M |
| Investing Cash Flow | -$769.0M-93.4% | -$397.6M+81.4% | -$2.1B-20.0% | -$1.8B-0.3% | -$1.8B-135.4% | -$753.8M+12.9% | -$865.5M-51.2% | -$572.3M-53.0% | -$374.0M | N/A | N/A | N/A | N/A | -$80.4M+79.2% | -$386.7M |
| Financing Cash Flow | -$108.5M+87.4% | -$858.8M-170.6% | $1.2B-58.1% | $2.9B+53.9% | $1.9B+95.4% | $965.1M-9.0% | $1.1B+83.5% | $577.8M+78.2% | $324.3M | N/A | N/A | N/A | N/A | -$59.5M-111.9% | $500.9M |
| Share Buybacks | $568K-99.5% | $119.9M+973.4% | $11.2M | N/A | N/A | $4.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.0M |
Not reported in any period shown, so not listed: Dividends Paid.
JKS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 2.1%-8.8pp | 10.9%-5.2pp | 16.1%+1.3pp | 14.8%-1.5pp | 16.3%-1.3pp | 17.6%-0.7pp | 18.3%+4.2pp | 14.0%+2.7pp | 11.3%-6.8pp | 18.1%-2.3pp | 20.3%-2.1pp | 22.4%+2.1pp | 20.3%+15.5pp | 4.8%-10.7pp | 15.6% |
| Operating Margin | -13.6%-10.0pp | -3.6%-8.8pp | 5.1%+4.6pp | 0.5%-2.2pp | 2.7%-2.4pp | 5.1%-0.7pp | 5.8%+3.2pp | 2.6%+1.4pp | 1.2%-5.1pp | 6.3%-1.9pp | 8.2%-1.1pp | 9.3%+0.2pp | 9.1%+34.8pp | -25.7%-30.0pp | 4.3% |
| Net Margin | -6.8%-6.9pp | 0.1%-2.8pp | 2.9%+2.2pp | 0.8%-1.0pp | 1.8%+1.1pp | 0.7%-2.4pp | 3.0%+1.4pp | 1.6%+1.1pp | 0.5%-8.0pp | 8.5%+4.3pp | 4.3%-2.5pp | 6.7%+4.1pp | 2.7%+34.8pp | -32.2%-35.9pp | 3.7% |
| Return on Equity | -28.3%-28.5pp | 0.3%-16.8pp | 17.1%+13.3pp | 3.8%-2.7pp | 6.5%+4.2pp | 2.3%-7.4pp | 9.7%+4.5pp | 5.2%+3.1pp | 2.1%-26.2pp | 28.3%+12.4pp | 15.8%-3.4pp | 19.2%+9.8pp | 9.4%+122.3pp | -113.0%-122.4pp | 9.4% |
| Return on Assets | -3.7%-3.7pp | 0.0%-2.5pp | 2.5%+2.0pp | 0.6%-0.4pp | 1.0%+0.6pp | 0.4%-1.5pp | 1.9%+0.8pp | 1.1%+0.6pp | 0.5%-6.5pp | 7.0%+4.5pp | 2.5%-1.0pp | 3.5%+1.8pp | 1.8%+20.2pp | -18.4%-21.4pp | 3.0% |
| Current Ratio | 1.250.0x | 1.26+0.2x | 1.020.0x | 1.05+0.1x | 1.00-0.1x | 1.08+0.1x | 1.01+0.1x | 0.950.0x | 0.98-0.1x | 1.07+0.1x | 0.960.0x | 0.99+0.3x | 0.74+0.1x | 0.64-0.2x | 0.82 |
| Debt-to-Equity | 5.94+1.4x | 4.56-0.5x | 5.08+0.1x | 5.00-0.3x | 5.31+1.3x | 4.03+0.2x | 3.81+3.6x | 0.25+0.2x | 0.060.0x | 0.08-1.0x | 1.07+0.8x | 0.27+0.1x | 0.18+0.1x | 0.12+0.1x | 0.05 |
| FCF Margin | -3.2%-11.6pp | 8.4%+9.6pp | -1.2%+20.5pp | -21.7%-1.6pp | -20.1%-10.3pp | -9.9%-3.5pp | -6.3%+0.9pp | -7.2%+1.7pp | -8.9%+8.8pp | -17.7%-20.6pp | 3.0%+6.0pp | -3.0%-5.3pp | 2.3%-10.1pp | 12.4%+50.5pp | -38.1% |
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Where Jinkosolar Hold Ranks
Frequently Asked Questions
What is Jinkosolar Hold's annual revenue?
Jinkosolar Hold (JKS) reported $9.4B in total revenue for fiscal year 2025. This represents a -25.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Jinkosolar Hold's revenue growing?
Jinkosolar Hold (JKS) revenue declined by 25.9% year-over-year, from $12.6B to $9.4B in fiscal year 2025.
Is Jinkosolar Hold profitable?
No, Jinkosolar Hold (JKS) reported a net income of -$635.6M in fiscal year 2025, with a net profit margin of -6.8%.
What is Jinkosolar Hold's EBITDA?
Jinkosolar Hold (JKS) had EBITDA of -$146.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Jinkosolar Hold's gross margin?
Jinkosolar Hold (JKS) had a gross margin of 2.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Jinkosolar Hold's operating margin?
Jinkosolar Hold (JKS) had an operating margin of -13.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Jinkosolar Hold's net profit margin?
Jinkosolar Hold (JKS) had a net profit margin of -6.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Jinkosolar Hold's return on equity (ROE)?
Jinkosolar Hold (JKS) has a return on equity of -28.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Jinkosolar Hold's free cash flow?
Jinkosolar Hold (JKS) recorded an outflow of $300.8M in free cash flow during fiscal year 2025. This represents a -128.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Jinkosolar Hold's operating cash flow?
Jinkosolar Hold (JKS) generated $154.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Jinkosolar Hold's total assets?
Jinkosolar Hold (JKS) had $17.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Jinkosolar Hold's capital expenditures?
Jinkosolar Hold (JKS) invested $455.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Jinkosolar Hold spend on research and development?
Jinkosolar Hold (JKS) invested $128.3M in research and development during fiscal year 2025.
What is Jinkosolar Hold's current ratio?
Jinkosolar Hold (JKS) had a current ratio of 1.25 as of fiscal year 2025, which is considered adequate.
What is Jinkosolar Hold's debt-to-equity ratio?
Jinkosolar Hold (JKS) had a debt-to-equity ratio of 5.94 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Jinkosolar Hold's return on assets (ROA)?
Jinkosolar Hold (JKS) had a return on assets of -3.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Jinkosolar Hold's Piotroski F-Score?
Jinkosolar Hold (JKS) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Jinkosolar Hold's earnings high quality?
Jinkosolar Hold (JKS) reported a net loss of $635.6M while generating $154.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Jinkosolar Hold cover its interest payments?
Jinkosolar Hold (JKS) reported an operating loss of $1.3B against $194.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Jinkosolar Hold?
Jinkosolar Hold (JKS) scores 19 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.