What is a balance sheet?

A balance sheet shows a company's financial position at a specific point in time. It lists total assets (what the company owns), total liabilities (what it owes), and stockholders' equity (the difference). The fundamental equation: Assets = Liabilities + Equity.

What is stockholders' equity?

Stockholders' equity represents the net value belonging to shareholders — total assets minus total liabilities. It includes retained earnings, common stock, and additional paid-in capital. Growing equity over time typically indicates a healthy, profitable business.

What is working capital?

Working capital is current assets minus current liabilities. It measures a company's ability to pay short-term obligations with short-term assets. Positive working capital indicates the company can cover its near-term debts; negative may signal liquidity risk.

What is JKS's debt level?

Review JinkoSolar Holding Co.'s total long-term debt and short-term borrowings in the balance sheet table above. Compare debt to equity and total assets to assess leverage and financial risk.

What is book value per share?

Book value per share is total stockholders' equity divided by shares outstanding. It represents the accounting value per share if the company were liquidated. Comparing market price to book value gives the price-to-book (P/B) ratio — a key valuation metric.

JinkoSolar Holding Co. (JKS) Balance Sheet: Assets & Liabilities

JinkoSolar Holding Co. Balance Sheet Analysis

Assets, liabilities, and stockholders equity in billions CNY

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for JinkoSolar Holding Co., Ltd. (JKS) - 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
Current Assets
Cash and Cash Equivalents	22.95	20.01	25.05	16.06	10.24	8.32	7.48	7.48	5.65	3.10	1.93
Short-Term Investments	7.49	7.49	0.93	1.02	0.10	0.15	0.57	0.57	0.00	0.00	0.00
Cash & Short-Term Investments	30.45	27.50	25.98	17.08	10.35	8.47	8.05	8.05	5.65	3.10	1.93
Accounts Receivable	17.33	17.26	21.01	22.96	23.94	7.50	8.31	6.88	8.35	8.52	8.43
Inventory	15.82	14.48	12.51	18.22	17.45	13.25	8.38	9.38	5.82	5.74	4.27
Other Current Assets	5.26	9.57	9.36	0.11	16.59	0.13	8.94	0.21	11.86	5.48	4.98
Total Current Assets	68.86	68.81	68.87	82.95	68.33	45.52	33.68	33.68	31.69	22.85	19.61
Non-Current Assets
Property, Plant & Equipment (Net)	40.29	40.26	46.09	44.55	34.41	22.90	15.13	13.60	13.14	10.51	7.40
Long-Term Investments	1.91	1.68	2.02	1.20	1.71	0.54	0.19	0.19	0.28	0.03	0.02
Goodwill	0.45	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	2.59	2.30	2.39	1.51	1.15	0.80	0.80	0.63	0.61	0.50
Other Non-Current Assets	5.01	7.68	2.96	1.59	2.00	1.21	3.17	4.70	1.83	1.51	0.84
Total Non-Current Assets	52.24	52.21	56.02	52.89	40.33	27.46	19.55	0.00	16.16	13.00	9.03
Total Assets	121.10	121.02	124.88	135.83	108.66	72.98	53.23	53.23	47.84	35.85	28.64
Current Liabilities
Accounts Payable	13.72	23.70	11.04	15.48	10.38	6.82	4.45	4.45	4.99	5.33	4.66
Short-Term Debt	20.78	10.66	18.27	39.59	33.28	25.41	19.73	2.51	16.83	13.19	11.89
Current Portion of Long-Term Debt	0.00	0.00	4.01	0.78	2.10	1.37	0.00	2.51	0.00	0.00	0.00
Accrued Liabilities	0.00	15.02	19.36	3.70	2.94	1.87	0.00	2.26	0.00	0.00	0.00
Deferred Revenue	5.32	5.32	5.09	6.96	9.22	6.11	2.45	2.45	4.35	2.40	0.75
Other Current Liabilities	15.26	0.23	20.09	1.14	11.32	0.56	4.52	2.25	4.99	3.16	2.63
Total Current Liabilities	55.08	55.04	54.48	81.06	64.94	45.46	31.22	31.22	31.28	24.14	19.96
Non-Current Liabilities
Long-Term Debt	32.37	28.80	29.58	15.27	14.50	11.00	7.89	7.30	3.18	2.59	1.22
Deferred Tax Liabilities	0.03	0.03	0.06	0.13	0.19	0.18	0.33	0.33	0.25	0.03	0.07
Other Non-Current Liabilities	6.03	6.06	6.52	4.66	2.02	1.62	0.80	0.80	0.70	0.64	0.70
Total Non-Current Liabilities	38.43	38.41	36.16	21.24	16.72	13.24	9.02	0.00	4.13	3.26	1.98
Total Liabilities	93.51	93.45	90.64	102.30	81.66	58.70	40.24	40.24	35.40	27.40	21.95
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	0.00	3.71	8.64	9.14	6.25	5.63	4.22	4.91	3.98	3.20	2.85
Accumulated Other Comprehensive Income	0.00	0.18	0.23	0.36	0.22	-0.15	0.56	-0.13	0.75	0.64	0.54
Treasury Stock	0.00	0.00	0.22	0.08	0.04	0.04	0.00	0.00	0.00	0.00	0.00
Additional Paid-in Capital	15.74	11.83	11.03	10.74	9.87	5.62	5.21	0.00	4.57	4.00	3.30
Minority Interest	11.85	11.84	14.34	13.38	10.67	3.24	3.00	0.00	3.14	0.61	0.00
Shares Outstanding	0.00	0.21	0.21	0.21	0.20	0.19	0.00	0.00	0.00	0.00	0.00
Total Stockholders' Equity	15.74	27.57	19.90	20.16	16.34	11.05	9.99	12.99	9.30	7.84	6.69
Total Liabilities & Equity	121.10	121.02	124.88	135.83	108.66	72.98	53.23	0.00	47.84	35.85	28.64

JinkoSolar Holding Co. (JKS) Balance Sheet

JinkoSolar Holding Co. Balance Sheet Analysis

Frequently Asked Questions About JinkoSolar Holding Co. Balance Sheet

Current Ratio

Quick Ratio

Debt to Equity (D/E)

Book Value Per Share

Return on Assets (ROA)

Return on Equity (ROE)

JinkoSolar Holding Co. Balance Sheet Analysis

Frequently Asked Questions About JinkoSolar Holding Co. Balance Sheet

Metrics Derived from the Balance Sheet

Current Ratio

Quick Ratio

Debt to Equity (D/E)

Book Value Per Share

Return on Assets (ROA)

Return on Equity (ROE)