JinkoSolar Holding Co., Ltd.

NYSE:JKS Stock Report

Market Cap: US$1.3b

JinkoSolar Holding Balance Sheet Health

Financial Health criteria checks 4/6

JinkoSolar Holding has a total shareholder equity of CN¥33.1B and total debt of CN¥53.3B, which brings its debt-to-equity ratio to 161.2%. Its total assets and total liabilities are CN¥127.3B and CN¥94.3B respectively. JinkoSolar Holding's EBIT is CN¥7.1B making its interest coverage ratio 13.7. It has cash and short-term investments of CN¥13.6B.

Key information

161.2%

Debt to equity ratio

CN¥53.35b

Debt

Interest coverage ratio13.7x
CashCN¥13.62b
EquityCN¥33.09b
Total liabilitiesCN¥94.26b
Total assetsCN¥127.35b

Recent financial health updates

Recent updates

Solar Storm Takes The Shine Off JinkoSolar

Mar 22

Returns Are Gaining Momentum At JinkoSolar Holding (NYSE:JKS)

Mar 07
Returns Are Gaining Momentum At JinkoSolar Holding (NYSE:JKS)

JinkoSolar: Deep Value In Solar Awaiting Consolidation

Feb 21

Is JinkoSolar Holding (NYSE:JKS) Using Too Much Debt?

Jan 31
Is JinkoSolar Holding (NYSE:JKS) Using Too Much Debt?

JinkoSolar: Green Growth At A Bargain Price

Jan 22

JinkoSolar: Strong Demand But Module Prices Are A Headwind

Dec 18

JinkoSolar Holding (NYSE:JKS) Might Have The Makings Of A Multi-Bagger

Dec 05
JinkoSolar Holding (NYSE:JKS) Might Have The Makings Of A Multi-Bagger

JinkoSolar: A Dominant Solar Player With Deep Value

Nov 29

JinkoSolar: A Very Strong Quarter In A Very Difficult Environment

Nov 15

Estimating The Fair Value Of JinkoSolar Holding Co., Ltd. (NYSE:JKS)

Nov 14
Estimating The Fair Value Of JinkoSolar Holding Co., Ltd. (NYSE:JKS)

Sun Shines On JinkoSolar, But Clouds Loom On The Horizon

Oct 31

JinkoSolar Holding (NYSE:JKS) Has A Somewhat Strained Balance Sheet

Oct 23
JinkoSolar Holding (NYSE:JKS) Has A Somewhat Strained Balance Sheet

JinkoSolar: No Slowdown For This Dividend Paying Solar Panel Maker

Oct 19

JinkoSolar Holding (NYSE:JKS) Is Doing The Right Things To Multiply Its Share Price

Sep 03
JinkoSolar Holding (NYSE:JKS) Is Doing The Right Things To Multiply Its Share Price

JinkoSolar Holding In The Grip Of China And Solar Fears

Aug 22

Should You Think About Buying JinkoSolar Holding Co., Ltd. (NYSE:JKS) Now?

Jul 04
Should You Think About Buying JinkoSolar Holding Co., Ltd. (NYSE:JKS) Now?

JinkoSolar Holding: Well Positioned For Growth In Upcoming Quarters

Jun 30

European Battery Announcement Lights Up JinkoSolar Stock

Jun 20

Slowing Rates Of Return At JinkoSolar Holding (NYSE:JKS) Leave Little Room For Excitement

May 28
Slowing Rates Of Return At JinkoSolar Holding (NYSE:JKS) Leave Little Room For Excitement

At US$50.07, Is It Time To Put JinkoSolar Holding Co., Ltd. (NYSE:JKS) On Your Watch List?

Mar 30
At US$50.07, Is It Time To Put JinkoSolar Holding Co., Ltd. (NYSE:JKS) On Your Watch List?

JinkoSolar Holding (NYSE:JKS) Could Be Struggling To Allocate Capital

Feb 16
JinkoSolar Holding (NYSE:JKS) Could Be Struggling To Allocate Capital

JinkoSolar Profits Soar, But Company Still Lacks Investor Respect

Jan 26

Here's Why JinkoSolar Holding (NYSE:JKS) Is Weighed Down By Its Debt Load

Jan 19
Here's Why JinkoSolar Holding (NYSE:JKS) Is Weighed Down By Its Debt Load

JinkoSolar Is Growing Rapidly With A Good Margin Of Safety

Dec 29

JinkoSolar Holding: Good GARP Gambit

Nov 16

Bullish: Analysts Just Made A Meaningful Upgrade To Their JinkoSolar Holding Co., Ltd. (NYSE:JKS) Forecasts

Nov 01
Bullish: Analysts Just Made A Meaningful Upgrade To Their JinkoSolar Holding Co., Ltd. (NYSE:JKS) Forecasts

JinkoSolar Holding Q3 2022 Earnings Preview

Oct 27

Does JinkoSolar Holding (NYSE:JKS) Have A Healthy Balance Sheet?

Oct 09
Does JinkoSolar Holding (NYSE:JKS) Have A Healthy Balance Sheet?

JinkoSolar: Bullish Into 'Booming' Global Solar Demand

Sep 20

JinkoSolar Holding Q2 2022 Earnings Preview

Aug 25

Some Investors May Be Worried About JinkoSolar Holding's (NYSE:JKS) Returns On Capital

Aug 22
Some Investors May Be Worried About JinkoSolar Holding's (NYSE:JKS) Returns On Capital

Estimating The Fair Value Of JinkoSolar Holding Co., Ltd. (NYSE:JKS)

Aug 06
Estimating The Fair Value Of JinkoSolar Holding Co., Ltd. (NYSE:JKS)

JinkoSolar Taps China Unit To Raise $1.5 Billion For New Projects

Aug 01

JinkoSolar approves up to $200M share repurchase program

Jul 06

At US$60.70, Is JinkoSolar Holding Co., Ltd. (NYSE:JKS) Worth Looking At Closely?

Jun 23
At US$60.70, Is JinkoSolar Holding Co., Ltd. (NYSE:JKS) Worth Looking At Closely?

Is JinkoSolar Holding (NYSE:JKS) Using Too Much Debt?

Jun 08
Is JinkoSolar Holding (NYSE:JKS) Using Too Much Debt?

JinkoSolar Pushes Into Power Storage With New European Tie-Up

May 18

JinkoSolar Holding (NYSE:JKS) Is Reinvesting At Lower Rates Of Return

May 10
JinkoSolar Holding (NYSE:JKS) Is Reinvesting At Lower Rates Of Return

JinkoSolar Stumbles On Covid Challenges, But Longer-Term Future Remains Bright

Apr 30

Is There An Opportunity With JinkoSolar Holding Co., Ltd.'s (NYSE:JKS) 25% Undervaluation?

Apr 24
Is There An Opportunity With JinkoSolar Holding Co., Ltd.'s (NYSE:JKS) 25% Undervaluation?

Financial Position Analysis

Short Term Liabilities: JKS's short term assets (CN¥80.8B) exceed its short term liabilities (CN¥73.3B).

Long Term Liabilities: JKS's short term assets (CN¥80.8B) exceed its long term liabilities (CN¥20.9B).


Debt to Equity History and Analysis

Debt Level: JKS's net debt to equity ratio (120.1%) is considered high.

Reducing Debt: JKS's debt to equity ratio has reduced from 176.1% to 161.2% over the past 5 years.

Debt Coverage: JKS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: JKS's interest payments on its debt are well covered by EBIT (13.7x coverage).


Balance Sheet


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