JinkoSolar Holding Co. (JKS) Financial Statements & Analysis

JinkoSolar Holding Co. (JKS) Income Statement

JinkoSolar Holding Co. reported revenue of CNY 65.50B in fiscal 2025 (fiscal year ended Mar 31, 2026), down 29.0% from CNY 92.26B a year earlier. JinkoSolar Holding Co. posted a net loss of CNY 4.45B, compared with net income of CNY 54.54M a year earlier. Gross margin was 2.2% and operating margin -9.3%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CNY 12.36B, down 31.3% from the same quarter a year earlier.

JinkoSolar Holding Co. Income Statement Analysis

Values in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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JinkoSolar Holding Co., Ltd. income statement - Annual data in billions CNY
Breakdown	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	65.50	65.50	92.26	118.68	83.13	40.83	35.13	35.13	29.75	25.04	26.47
Cost of Revenue	64.09	64.09	82.20	99.63	70.85	34.17	28.96	28.96	24.31	21.53	23.48
Gross Profit	1.41	1.41	10.06	19.05	12.28	6.66	6.17	6.17	5.43	3.51	2.99
Operating Expenses
Research & Development	0.90	0.90	0.92	0.91	0.72	0.46	0.39	0.39	0.32	0.37	0.29
Selling, General & Administrative	7.76	7.76	11.24	11.40	10.75	4.82	3.88	3.88	3.31	2.49	2.37
Operating Expenses	7.51	10.32	13.40	12.96	11.85	4.82	4.39	4.27	3.70	2.87	2.67
Operating Income	-6.10	-8.91	-3.34	6.09	0.43	1.84	1.78	1.90	1.73	0.64	0.33
Other Income/Expense
Interest Income	0.50	0.50	0.41	0.55	0.60	0.21	0.20	0.22	0.17	0.09	0.00
Interest Expense	1.36	-1.36	-1.14	1.17	1.10	0.84	0.64	-0.75	0.56	0.39	0.24
Other Income/Expense	-3.24	-0.43	3.43	1.62	1.74	-0.13	-1.27	0.00	-0.53	-0.23	-0.18
Income
Income Before Tax	-9.33	-9.33	0.08	7.71	2.17	1.09	0.51	0.51	1.20	0.41	0.15
Income Tax Expense	-2.22	-2.22	0.07	1.26	0.61	0.19	0.18	0.18	0.28	0.00	0.00
Net Income	-4.45	-4.45	0.05	3.45	0.62	0.72	0.23	0.23	0.90	0.41	0.14
Net Income - Continuous Operations	-4.45	-7.11	0.05	3.45	0.62	0.96	0.23	-	0.90	0.41	0.14
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-
EBITDA	0.21	0.68	5.57	16.85	5.82	3.73	2.63	3.14	2.79	1.60	1.07
EBIT	-	-7.24	-2.10	6.73	0.80	1.93	-	1.90	-	-	-
Depreciation & Amortization	8.03	7.67	7.67	8.19	2.76	1.80	1.38	1.24	0.98	0.82	0.62
Earnings Per Share
Basic EPS	-341.00	-85.00	1.00	266.00	50.00	15.00	21.00	5.00	85.00	42.00	18.00
Diluted EPS	-341.00	-85.00	-5.00	244.00	50.00	8.00	21.00	5.00	85.00	42.00	17.00
Basic Shares Outstanding	0.01	0.05	0.05	0.01	0.01	0.05	0.01	0.04	0.01	0.01	0.01
Diluted Shares Outstanding	0.01	0.05	0.05	0.01	0.01	0.05	0.01	0.04	0.01	0.01	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About JinkoSolar Holding Co. Financial Statements

What was JinkoSolar Holding Co.'s revenue in fiscal 2025?

JinkoSolar Holding Co. reported revenue of CNY 65.50B in fiscal 2025 (fiscal year ended Mar 31, 2026). That was down 29.0% from CNY 92.26B a year earlier.

Is JinkoSolar Holding Co. profitable?

No. JinkoSolar Holding Co. reported a net loss of CNY 4.45B in fiscal 2025. In fiscal 2024 it earned CNY 54.54M.

What is JinkoSolar Holding Co.'s operating margin?

JinkoSolar Holding Co.'s operating income was −CNY 6.10B on revenue of CNY 65.50B in fiscal 2025, an operating margin of -9.3%, compared with -3.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition