What is JINKOSOLAR HOLDINGS CO's earnings per share (EPS)?

JINKOSOLAR HOLDINGS CO (JKS) reported diluted earnings per share of -$3.05 for fiscal year 2025. This represents a -1694.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

JINKOSOLAR HOLDINGS CO (JKS) Financials

JKS

FY2025 annual

Revenue $9.4B -25.9% YoY

Net Income -$635.6M -8605.8% YoY

EPS (Diluted) -$3.05 -1694.1% YoY

Free Cash Flow -$300.8M -128.3% YoY

Market Cap $476.0M as of Oct 6, 2026

Price / Sales 0.1x on $9.4B revenue, FY2025

Price / Earnings n/m net loss, so no earnings multiple, FY2025

Price / Book 0.2x on $2.2B equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Apr 29, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JKS SEC filings page.

JINKOSOLAR HOLDINGS CO (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).

Rhea AI JKS FY2025 2026-10-04

JinkoSolar’s recent scale contraction has collided with margin compression, leaving cash generation positive in some periods but investment still uneven.

The earnings-to-cash relationship is unusually uneven: in FY2024, near-zero net income of $7M coincided with operating cash flow of $2.3B, while FY2025’s net loss of $635.6M still accompanied operating cash flow of $154.7M. That divergence means reported profit is a poor standalone guide to cash production across these periods.

The business lost economic cushion as revenue fell from $16.7B in FY2023 to $9.4B in FY2025. Gross margin narrowed from 16.1% to 2.2%, while operating margin reached -13.6%; the lower sales base was accompanied by sharply worse unit economics.

A 1.3x current ratio alongside 5.9x debt-to-equity describes limited short-term slack relative to financial leverage. FY2025 operating cash flow of $154.7M fell short of capital expenditures, leaving negative free cash flow and showing reinvestment exceeded internally generated cash.

Financial Health Signals

Financial Health Score 17/100

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 HOLDINGS CO'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.

Profitability

JINKOSOLAR HOLDINGS CO has an operating margin of -13.6%, meaning the company loses $14 on every $100 of revenue. This results in a profitability score of 18/100. This is down from -3.6% the prior year.

Growth

JINKOSOLAR HOLDINGS CO's revenue declined 25.9% year-over-year, from $12.6B to $9.4B. This contraction results in a growth score of 3/100.

Leverage

JINKOSOLAR HOLDINGS CO 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.

Liquidity

JINKOSOLAR HOLDINGS CO'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.

Cash Flow

While JINKOSOLAR HOLDINGS CO 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 27/100, reflecting heavy capital investment rather than weak cash generation.

Returns

JINKOSOLAR HOLDINGS CO 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 16/100. This is down from 0.3% the prior year.

Piotroski F-Score Partial

2/8

JINKOSOLAR HOLDINGS CO 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.

Earnings Quality Mixed

N/A

JINKOSOLAR HOLDINGS CO 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.

Interest Coverage At Risk

N/A

JINKOSOLAR HOLDINGS CO 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

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$2.9B

YoY-16.6%

QoQ-16.6%

JINKOSOLAR HOLDINGS CO held $2.9B in cash as of Q4 2025; long-term debt is not reported for that period.

Shares Outstanding

209M

YoY+2.0%

QoQ+2.0%

JINKOSOLAR HOLDINGS CO had 209M shares outstanding in Q4 2025. This represents an increase of 2.0% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

JKS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

JKS quarterly income statement

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
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
EBITDA	-$146.2M-124.9%	$587.3M-70.4%	$2.0B+350.9%	$439.5M+3.0%	$426.5M-5.8%	$453.0M+27.5%	$355.4M+68.4%	$211.1M+47.8%	$142.8M-45.0%	$259.5M-1.9%	$264.6M+28.2%	$206.4M+28.2%	$161.0M+210.3%	-$146.0M-258.4%	$92.1M
Interest Expense	$194.5M+24.2%	$156.6M-5.1%	$165.0M+5.4%	$156.5M+59.8%	$97.9M+39.1%	$70.4M+25.1%	$56.2M+30.8%	$43.0M+14.0%	$37.7M-27.1%	$51.7M-13.1%	$59.6M+28.5%	$46.4M+25.6%	$36.9M+3.7%	$35.6M+22.7%	$29.0M
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 (Basic)	-$3.05-7725.0%	$0.04-98.3%	$2.34+420.0%	$0.45-23.7%	$0.59+195.0%	$0.20-73.7%	$0.76+100.0%	$0.38+123.5%	$0.17-85.0%	$1.13+32.9%	$0.85-3.4%	$0.88+166.7%	$0.33+111.8%	-$2.79-706.5%	$0.46
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
Diluted Shares (Avg)	208M-0.7%	210M-7.1%	226M+12.8%	200M	206M+20.0%	171M+2.9%	167M+7.7%	155M+17.5%	132M	131M	128M-16.9%	154M	96M+8.2%	89M-13.6%	103M

Metric	Q4'2520-F	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q3'2010-Q	Q4'1910-K
EPS (Basic)	N/A	N/A	N/A	N/A	N/A	-$0.30	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	-$0.55	N/A	N/A

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, Diluted Shares (Avg).

JKS Balance Sheet

JKS quarterly balance sheet

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
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
Short-Term Investments	$598.5M+370.6%	$127.2M-11.8%	$144.2M	$0-100.0%	$23.5M-73.1%	$87.4M	$0	$0-100.0%	$413K-96.0%	$10.3M+126.1%	$4.5M-74.8%	$18.1M-85.1%	$121.3M+4.6%	$116.0M+47.7%	$78.5M
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
Long-Term Investments	$34.1M+64.9%	$20.7M+41.0%	$14.7M-94.1%	$248.1M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
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
Non-Current Liabilities	$5.5B+10.9%	$5.0B+65.6%	$3.0B+23.4%	$2.4B+16.7%	$2.1B+50.2%	$1.4B+133.3%	$592.7M+25.1%	$473.9M+55.3%	$305.0M+67.1%	$182.6M-80.1%	$918.5M+58.5%	$579.5M+159.2%	$223.6M+83.3%	$122.0M+22.1%	$99.9M
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

Metric	Q4'2520-F	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q3'2010-Q	Q4'1910-K
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%	$7.4B	$6.9B+31.8%
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%	$4.8B	$4.6B+36.9%
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%	$850.5M	$812.1M+79.8%
Short-Term Investments	$598.5M+370.6%	$127.2M-11.8%	$144.2M	$0-100.0%	$23.5M-73.1%	$87.4M	$0	$0
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%	$1.1B	$835.8M+0.1%
Accounts Receivable	N/A	N/A	N/A	$2.4B+106.2%	$1.2B+68.7%	$695.0M-8.1%	$758.1M	$756.5M-4.3%
Long-Term Investments	$34.1M+64.9%	$20.7M+41.0%	$14.7M-94.1%	$248.1M	$0	$0	$0	$0
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%	$5.6B	$5.1B+27.6%
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%	$4.6B	$4.5B+28.0%
Non-Current Liabilities	$5.5B+10.9%	$5.0B+65.6%	$3.0B+23.4%	$2.4B+16.7%	$2.1B+50.2%	$1.4B+133.3%	$975.6M	$592.7M+25.1%
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%	$1.5B	$1.3B+17.2%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt, Retained Earnings.

JKS Cash Flow Statement

JKS quarterly cash flow statement

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
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
Depreciation & Amortization	$1.1B+7.8%	$1.0B-7.0%	$1.1B+197.8%	$377.3M+48.8%	$253.5M+41.3%	$179.5M+67.8%	$106.9M-8.8%	$117.3M+26.3%	$92.8M+42.5%	$65.1M+6.7%	$61.0M+8.5%	$56.3M+3.5%	$54.4M+4.6%	$52.0M+23.9%	$42.0M
Stock-Based Compensation	$32.3M-35.6%	$50.1M-58.8%	$121.5M-16.3%	$145.1M+9255.9%	$1.6M+996.6%	$141K-78.5%	$658K-84.6%	$4.3M-57.2%	$10.0M-65.9%	$29.3M+68.3%	$17.4M+152.9%	$6.9M+131.5%	$3.0M+6.8%	$2.8M+77.4%	$1.6M
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

Metric	Q4'2520-F	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q3'2010-Q	Q4'1910-K
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	$338.8M	N/A	N/A
Depreciation & Amortization	N/A	N/A	N/A	N/A	N/A	$56.2M	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$298.8M	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	$40.0M	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	-$435.3M	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	$374.1M	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$175K	N/A	N/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.

JKS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

JKS quarterly financial ratios

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
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
Asset Turnover	0.54-0.2x	0.74-0.1x	0.87+0.1x	0.77+0.2x	0.56-0.1x	0.660.0x	0.62-0.1x	0.70-0.2x	0.92+0.1x	0.82+0.2x	0.59+0.1x	0.52-0.1x	0.67+0.1x	0.57-0.2x	0.80
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%

Metric	Q4'2520-F	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q3'2010-Q	Q4'1910-K
Current Ratio	1.250.0x	1.26+0.2x	1.020.0x	1.05+0.1x	1.00-0.1x	1.08+0.1x	1.04	1.01+0.1x
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	3.82	3.81+3.6x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
JINKOSOLAR HOLDINGS CO JKS	FY2025	$9.4B	-$635.6M	-6.8%	$476.0M	17/100
Canadian Solar Inc. CSIQ	FY2025	$5.6B	-$104.1M	-1.9%	$759.4M	19/100
Shoals Technologies Group, Inc. SHLS	FY2025	$475.3M	$33.6M	7.1%	$1.4B	57/100
SolarEdge Technologies, Inc. SEDG	FY2025	$1.2B	-$405.4M	-34.2%	$2.1B	18/100
TOYO Co., Ltd TOYO	FY2025	$427.4M	$39.7M	9.3%	$187.1M	47/100
Array Technologies, Inc. ARRY	FY2025	$1.3B	-$52.2M	-4.1%	$600.6M	34/100

Where JINKOSOLAR HOLDINGS CO Ranks

Frequently Asked Questions

What is JINKOSOLAR HOLDINGS CO's annual revenue?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's revenue growing?

JINKOSOLAR HOLDINGS CO (JKS) revenue declined by 25.9% year-over-year, from $12.6B to $9.4B in fiscal year 2025.

Is JINKOSOLAR HOLDINGS CO profitable?

No, JINKOSOLAR HOLDINGS CO (JKS) reported a net income of -$635.6M in fiscal year 2025, with a net profit margin of -6.8%.

What is JINKOSOLAR HOLDINGS CO's EBITDA?

JINKOSOLAR HOLDINGS CO (JKS) had EBITDA of -$146.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is JINKOSOLAR HOLDINGS CO's gross margin?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's operating margin?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's net profit margin?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's return on equity (ROE)?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's free cash flow?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's operating cash flow?

JINKOSOLAR HOLDINGS CO (JKS) generated $154.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are JINKOSOLAR HOLDINGS CO's total assets?

JINKOSOLAR HOLDINGS CO (JKS) had $17.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are JINKOSOLAR HOLDINGS CO's capital expenditures?

JINKOSOLAR HOLDINGS CO (JKS) invested $455.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does JINKOSOLAR HOLDINGS CO spend on research and development?

JINKOSOLAR HOLDINGS CO (JKS) invested $128.3M in research and development during fiscal year 2025.

Does JINKOSOLAR HOLDINGS CO buy back shares?

Yes, JINKOSOLAR HOLDINGS CO (JKS) spent $568K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does JINKOSOLAR HOLDINGS CO have outstanding?

JINKOSOLAR HOLDINGS CO (JKS) had 209M shares outstanding as of fiscal year 2025.

What is JINKOSOLAR HOLDINGS CO's current ratio?

JINKOSOLAR HOLDINGS CO (JKS) had a current ratio of 1.25 as of fiscal year 2025, which is considered adequate.

What is JINKOSOLAR HOLDINGS CO's debt-to-equity ratio?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's return on assets (ROA)?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's P/E ratio?

JINKOSOLAR HOLDINGS CO (JKS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $476.0M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is JINKOSOLAR HOLDINGS CO's price-to-sales ratio?

JINKOSOLAR HOLDINGS CO (JKS) trades at 0.1x sales, its market capitalization divided by revenue of $9.4B revenue, FY2025. The market capitalization is $476.0M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is JINKOSOLAR HOLDINGS CO's Piotroski F-Score?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO's earnings high quality?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO cover its interest payments?

JINKOSOLAR HOLDINGS CO (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 HOLDINGS CO?

JINKOSOLAR HOLDINGS CO (JKS) scores 17 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.