Jinko Power Technology Co., Ltd.

SHSE:601778 Stock Report

Market Cap: CN¥9.5b

Jinko Power Technology Balance Sheet Health

Financial Health criteria checks 2/6

Jinko Power Technology has a total shareholder equity of CN¥15.8B and total debt of CN¥17.0B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are CN¥43.2B and CN¥27.4B respectively. Jinko Power Technology's EBIT is CN¥1.1B making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥4.8B.

Key information

107.7%

Debt to equity ratio

CN¥17.03b

Debt

Interest coverage ratio1.9x
CashCN¥4.82b
EquityCN¥15.82b
Total liabilitiesCN¥27.42b
Total assetsCN¥43.25b

Recent financial health updates

Is Jinko Power Technology (SHSE:601778) Using Too Much Debt?

Oct 01
Is Jinko Power Technology (SHSE:601778) Using Too Much Debt?

These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Jun 27
These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Mar 01
These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Recent updates

Jinko Power Technology (SHSE:601778) Is Reinvesting At Lower Rates Of Return

Dec 03
Jinko Power Technology (SHSE:601778) Is Reinvesting At Lower Rates Of Return

Jinko Power Technology's (SHSE:601778) Conservative Accounting Might Explain Soft Earnings

Nov 07
Jinko Power Technology's (SHSE:601778) Conservative Accounting Might Explain Soft Earnings

Investors Still Aren't Entirely Convinced By Jinko Power Technology Co., Ltd.'s (SHSE:601778) Earnings Despite 36% Price Jump

Oct 09
Investors Still Aren't Entirely Convinced By Jinko Power Technology Co., Ltd.'s (SHSE:601778) Earnings Despite 36% Price Jump

Is Jinko Power Technology (SHSE:601778) Using Too Much Debt?

Oct 01
Is Jinko Power Technology (SHSE:601778) Using Too Much Debt?

Investors Could Be Concerned With Jinko Power Technology's (SHSE:601778) Returns On Capital

Aug 01
Investors Could Be Concerned With Jinko Power Technology's (SHSE:601778) Returns On Capital

These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Jun 27
These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Market Participants Recognise Jinko Power Technology Co., Ltd.'s (SHSE:601778) Earnings

May 31
Market Participants Recognise Jinko Power Technology Co., Ltd.'s (SHSE:601778) Earnings

Shareholders Will Be Pleased With The Quality of Jinko Power Technology's (SHSE:601778) Earnings

Apr 04
Shareholders Will Be Pleased With The Quality of Jinko Power Technology's (SHSE:601778) Earnings

These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Mar 01
These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way

Financial Position Analysis

Short Term Liabilities: 601778's short term assets (CN¥18.4B) exceed its short term liabilities (CN¥9.9B).

Long Term Liabilities: 601778's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥17.5B).

Debt to Equity History and Analysis

Debt Level: 601778's net debt to equity ratio (77.2%) is considered high.

Reducing Debt: 601778's debt to equity ratio has increased from 91.3% to 107.7% over the past 5 years.

Debt Coverage: 601778's debt is not well covered by operating cash flow (4.1%).

Interest Coverage: 601778's interest payments on its debt are not well covered by EBIT (1.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 09:21
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jinko Power Technology Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Weijia WangHuatai Research
Lei WangZhongtai Securities Co. Ltd.