Jinko Holdings Limited (JKS) reported CN¥65.50B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 29.0% from the year before.

No. Jinko Holdings Limited reported a net loss of CN¥4.45B for fiscal 2025 (ended Dec 31, 2025).

How much cash and debt does JKS have?

Jinko Holdings Limited reported CN¥20.01B in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is JKS revenue growing?

Jinko Holdings Limited's revenue changed -29.0% in fiscal 2025, to CN¥65.50B. Its compound annual growth rate was +13.3% over 5 years and +15.5% over 10 years.

What is JKS gross margin?

Jinko Holdings Limited's gross profit was CN¥1.41B on CN¥65.50B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 2.2%.

What is JKS free cash flow?

Jinko Holdings Limited generated -CN¥2.10B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of CN¥1.08B less capital expenditures.

What is JKS earnings per share?

Diluted earnings per share were -CN¥21.33 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.

When did JKS last report financial results?

The latest statements here come from Jinko Holdings Limited's 20-F filed on Apr 29, 2026, covering the period ended Dec 31, 2025.

Where does this JKS financial data come from?

Quantisnow builds these statements from the structured XBRL data Jinko Holdings Limited files with the SEC. It is provided for information only and is not investment advice.

Financials · JKS

Jinko Holdings Limited (JKS) financials

For fiscal 2025 (ended Dec 31, 2025), Jinko Holdings Limited reported CN¥65.50B of revenue and -CN¥4.45B of net income. Figures are in CNY, the currency of its SEC filings.

Revenue, FY2025: CN¥65.50B
Revenue growth, YoY: -29.0%
Net income, FY2025: -CN¥4.45B
Net margin: -6.8%
Free cash flow, FY2025: -CN¥2.10B
EPS, diluted, FY2025: -CN¥21.33
Cash: CN¥20.01B

Annual revenueCN¥65.50B

FY2016FY2025

Annual net income-CN¥4.45B

FY2016FY2025

Annual free cash flow-CN¥2.10B

FY2016FY2025

JKS revenue and earnings growth

JKS revenueFY2025CN¥65.50B

FY YoY: -29.0%
5Y CAGR: +13.3%
10Y CAGR: +15.5%

JKS revenue was CN¥65.50B for fiscal 2025 (ended Dec 31, 2025), down 29.0% from fiscal 2024. Compound annual growth was +13.3% over 5 years and +15.5% over 10 years. It rose in 7 of the last 10 fiscal years.

JKS net incomeFY2025-CN¥4.45B

JKS net income was -CN¥4.45B for fiscal 2025 (ended Dec 31, 2025), compared with CN¥54.54M in fiscal 2024.

JKS EPSFY2025-CN¥21.33

JKS diluted EPS was -CN¥21.33 for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥1.27 in fiscal 2024.

JKS free cash flowFY2025-CN¥2.10B

JKS free cash flow was -CN¥2.10B for fiscal 2025 (ended Dec 31, 2025), compared with CN¥7.76B in fiscal 2024.

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Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	CN¥65.50B	CN¥92.26B	CN¥118.68B	CN¥83.13B	CN¥40.83B	CN¥35.13B	CN¥29.75B	CN¥25.04B	CN¥26.47B	CN¥21.40B
Cost of revenue	CN¥64.09B	CN¥82.20B	CN¥99.63B	CN¥70.85B	CN¥34.17B	CN¥28.96B	CN¥24.31B	CN¥21.53B	CN¥23.48B	CN¥17.53B
Gross profit	CN¥1.41B	CN¥10.06B	CN¥19.05B	CN¥12.28B	CN¥6.66B	CN¥6.17B	CN¥5.43B	CN¥3.51B	CN¥2.99B	CN¥3.87B
Research and development	CN¥896.90M	CN¥920.54M	CN¥911.87M	CN¥724.77M	CN¥461.59M	CN¥389.19M	CN¥324.43M	CN¥366.58M	CN¥294.10M	CN¥181.11M
Selling, general and admin	CN¥3.30B	CN¥4.60B	CN¥4.58B	CN¥3.51B	CN¥1.96B	CN¥1.41B	CN¥1.06B	CN¥779.42M	CN¥470.84M	CN¥778.77M
Operating income	-CN¥8.91B	-CN¥3.34B	CN¥6.09B	CN¥429.25M	CN¥1.10B	CN¥1.78B	CN¥1.73B	CN¥644.93M	CN¥325.26M	CN¥1.35B
Interest expense	CN¥1.36B	CN¥1.14B	CN¥1.17B	CN¥1.08B	CN¥838.32M	CN¥675.85M	CN¥605.88M	CN¥429.35M	CN¥322.00M	CN¥409.73M
Pre-tax income	-CN¥9.18B	CN¥259.94M	CN¥7.49B	CN¥1.98B	CN¥1.09B	CN¥566.37M	CN¥1.25B	CN¥407.38M	CN¥148.88M	CN¥1.25B
Income tax	-CN¥2.22B	CN¥69.44M	CN¥1.26B	CN¥605.28M	CN¥194.14M	CN¥178.41M	CN¥277.98M	CN¥4.41M	CN¥4.63M	CN¥257.49M
Net income	-CN¥4.45B	CN¥54.54M	CN¥3.45B	CN¥620.51M	CN¥721.02M	CN¥230.38M	CN¥898.66M	CN¥406.48M	CN¥141.71M	CN¥1.83B
EPS, basic	-CN¥21.33	CN¥0.26	CN¥16.60	CN¥3.13	CN¥3.78	CN¥1.29	CN¥5.31	CN¥2.64	CN¥1.10	CN¥7.87
EPS, diluted	-CN¥21.33	-CN¥1.27	CN¥15.23	CN¥3.10	CN¥2.01	-CN¥1.36	CN¥4.85	CN¥2.63	CN¥1.08	CN¥7.63
Diluted shares	208.4M	210.0M	226.1M	200.4M	205.7M	171.4M	166.6M	154.7M	131.7M	130.6M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	CN¥20.01B	CN¥25.05B	CN¥19.43B	CN¥11.27B	CN¥9.10B	CN¥8.07B	CN¥6.27B	CN¥3.48B	CN¥2.76B	CN¥2.82B
Short-term investments	CN¥4.19B	CN¥928.32M	CN¥1.02B	CN¥0	CN¥150.00M	CN¥570.00M	-	-	CN¥2.68M	CN¥71.30M
Receivables	-	-	-	CN¥16.67B	CN¥7.47B	CN¥4.53B	CN¥5.27B	CN¥5.44B	CN¥4.50B	CN¥4.75B
Inventory	CN¥14.48B	CN¥12.51B	CN¥18.22B	CN¥17.45B	CN¥13.25B	CN¥8.38B	CN¥5.82B	CN¥5.74B	CN¥4.27B	CN¥4.47B
Current assets	CN¥68.81B	CN¥68.87B	CN¥82.95B	CN¥68.33B	CN¥45.52B	CN¥33.68B	CN¥31.69B	CN¥22.85B	CN¥19.61B	CN¥19.70B
Total assets	CN¥121.02B	CN¥124.88B	CN¥135.83B	CN¥108.66B	CN¥72.98B	CN¥53.23B	CN¥47.84B	CN¥35.85B	CN¥28.64B	CN¥26.09B
Current liabilities	CN¥55.04B	CN¥54.48B	CN¥81.06B	CN¥64.94B	CN¥45.46B	CN¥31.22B	CN¥31.28B	CN¥24.14B	CN¥19.96B	CN¥18.36B
Short-term debt	CN¥10.66B	CN¥6.93B	CN¥13.58B	CN¥12.42B	CN¥13.34B	CN¥8.24B	CN¥9.05B	CN¥7.10B	CN¥10.26M	CN¥5.25B
Long-term debt	-	-	-	-	-	-	-	CN¥1.95B	CN¥379.79M	CN¥488.52M
Total debt	-	CN¥380.27M	CN¥277.00M	CN¥15.13B	CN¥11.27B	CN¥7.98B	CN¥2.12B	CN¥9.06B	CN¥390.05M	CN¥5.73B
Total liabilities	CN¥93.45B	CN¥90.64B	CN¥102.30B	CN¥81.66B	CN¥58.70B	CN¥40.24B	CN¥35.40B	CN¥27.40B	CN¥21.95B	CN¥19.63B
Shareholders' equity	CN¥15.73B	CN¥19.90B	CN¥33.53B	CN¥27.00B	CN¥14.29B	CN¥12.99B	CN¥12.44B	CN¥8.45B	CN¥6.69B	CN¥6.46B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	CN¥1.08B	CN¥16.85B	CN¥13.83B	-CN¥5.80B	CN¥430.65M	CN¥591.49M	CN¥1.41B	CN¥614.55M	-CN¥177.09M	-CN¥1.80B
Capital expenditures	CN¥3.19B	CN¥9.09B	CN¥15.65B	CN¥12.25B	CN¥8.65B	CN¥4.06B	CN¥3.30B	CN¥2.42B	CN¥2.18B	CN¥1.98B
Free cash flow	-CN¥2.10B	CN¥7.76B	-CN¥1.83B	-CN¥18.05B	-CN¥8.22B	-CN¥3.46B	-CN¥1.89B	-CN¥1.81B	-CN¥2.36B	-CN¥3.78B
Investing cash flow	-CN¥5.38B	-CN¥2.90B	-CN¥15.16B	-CN¥12.27B	-CN¥11.31B	-CN¥4.92B	-CN¥6.03B	-CN¥3.93B	-CN¥2.43B	-CN¥6.95B
Financing cash flow	-CN¥758.71M	-CN¥6.27B	CN¥8.64B	CN¥20.02B	CN¥12.02B	CN¥6.30B	CN¥7.38B	CN¥3.97B	CN¥2.62B	CN¥7.38B
Stock-based compensation	CN¥225.73M	CN¥365.75M	CN¥862.64M	CN¥1.00B	CN¥9.88M	CN¥923.0K	CN¥4.58M	CN¥29.31M	CN¥64.87M	CN¥203.27M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-29.0%	-22.3%	42.8%	103.6%	16.2%	18.1%	18.8%	-5.4%	23.7%	38.5%
Net income growth, YoY	-	-98.4%	455.6%	-13.9%	213.0%	-74.4%	121.1%	186.8%	-92.2%	167.2%
EPS growth, YoY	-	-	391.3%	54.2%	-	-	84.4%	143.5%	-85.8%	27.2%
Gross margin	2.2%	10.9%	16.0%	14.8%	16.3%	17.6%	18.3%	14.0%	11.3%	18.1%
Operating margin	-13.6%	-3.6%	5.1%	0.5%	2.7%	5.1%	5.8%	2.6%	1.2%	6.3%
Net margin	-6.8%	0.1%	2.9%	0.7%	1.8%	0.7%	3.0%	1.6%	0.5%	8.5%
Free cash flow margin	-3.2%	8.4%	-1.5%	-21.7%	-20.1%	-9.9%	-6.3%	-7.2%	-8.9%	-17.7%
Return on equity	-28.3%	0.3%	10.3%	2.3%	5.0%	1.8%	7.2%	4.8%	2.1%	28.3%
Return on assets	-3.7%	0.0%	2.5%	0.6%	1.0%	0.4%	1.9%	1.1%	0.5%	7.0%
Current ratio	1.25	1.26	1.02	1.05	1.00	1.08	1.01	0.95	0.98	1.07
Debt to equity	-	0.02	0.01	0.56	0.79	0.61	0.17	1.07	0.06	0.89

Source: XBRL data Jinko Holdings Limited files with the SEC, latest filing dated Apr 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

JKS peers

Company	Revenue	Growth	Net income	Net margin	Market cap
JKS	CN¥65.50B	-29.0%	-CN¥4.45B	-6.8%	$565.1M
NVDANVIDIA Corporation	$302.97B	+83.4%	$192.88B	63.7%	$4.31T
TSMTaiwan Semiconductor Manufacturing Company Ltd.	NT$3.81T	+31.6%	NT$1.70T	44.6%	$2.02T
AVGOBroadcom Inc.	$89.10B	+48.7%	$38.27B	42.9%	$1.53T
AMDAdvanced Micro Devices Inc.	$45.44B	+41.9%	$7.62B	16.8%	$834.12B
MUMicron Technology Inc.	$133.19B	+256.3%	$84.97B	63.8%	$829.50B
INTCIntel Corporation	$59.89B	+12.1%	-$12.03B	-20.1%	$315.55B
AMATApplied Materials Inc.	$30.84B	+7.8%	$9.27B	30.1%	$294.06B

JKS FAQ

9 questions

What is JKS revenue?
Jinko Holdings Limited (JKS) reported CN¥65.50B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 29.0% from the year before.
Is JKS profitable?
No. Jinko Holdings Limited reported a net loss of CN¥4.45B for fiscal 2025 (ended Dec 31, 2025).
How much cash and debt does JKS have?
Jinko Holdings Limited reported CN¥20.01B in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is JKS revenue growing?
Jinko Holdings Limited's revenue changed -29.0% in fiscal 2025, to CN¥65.50B. Its compound annual growth rate was +13.3% over 5 years and +15.5% over 10 years.
What is JKS gross margin?
Jinko Holdings Limited's gross profit was CN¥1.41B on CN¥65.50B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 2.2%.
What is JKS free cash flow?
Jinko Holdings Limited generated -CN¥2.10B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of CN¥1.08B less capital expenditures.
What is JKS earnings per share?
Diluted earnings per share were -CN¥21.33 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
When did JKS last report financial results?
The latest statements here come from Jinko Holdings Limited's 20-F filed on Apr 29, 2026, covering the period ended Dec 31, 2025.
Where does this JKS financial data come from?
Quantisnow builds these statements from the structured XBRL data Jinko Holdings Limited files with the SEC. It is provided for information only and is not investment advice.