JinkoSolar (ADR) (JKS)
Makes solar modules through an integrated ingot-to-module manufacturing chain.
$10.01
vs last close−0.47 (−4.53%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,751 | 4,899 | 3,439 | 3,590 | 3,657 | 3,082 | 2,066 | 2,685 | 2,411 | 2,613 | 1,828 | 1,839 |
| Cost of revenue | 3,835 | 4,289 | 3,031 | 3,190 | 3,082 | 2,964 | 2,119 | 2,606 | 2,235 | 2,604 | 1,676 | 1,763 |
| Gross profit | 915 | 610 | 408 | 399 | 575 | 118 | −53 | 79 | 176 | 8 | 152 | 76 |
| 469 | 558 | 459 | 569 | 564 | 408 | 295 | 279 | 250 | 297 | 190 | 288 | |
| Research & development | 33 | 42 | 36 | 32 | 31 | 38 | 23 | 38 | 38 | 35 | 34 | 34 |
| 432 | 507 | 423 | 439 | 500 | 316 | 352 | 243 | 265 | 297 | 206 | 254 | |
| Selling & marketing | 260 | 277 | 219 | 268 | 324 | 180 | 171 | 183 | 149 | 161 | 135 | 140 |
| General & administrative | 173 | 230 | 204 | 170 | 175 | 136 | 181 | 60 | 116 | 136 | 71 | 115 |
| Other expenses | 4 | 9 | 0 | 99 | 33 | 53 | −80 | −2 | −54 | −36 | −50 | 0 |
| Operating income | 446 | 53 | −51 | −170 | 11 | −290 | −348 | −200 | −73 | −289 | −38 | −212 |
| −39 | 26 | 265 | 156 | 12 | 79 | −64 | −52 | −121 | −246 | −150 | 7 | |
| Interest income | 0 | 0 | 14 | 16 | 14 | 17 | 16 | 22 | 19 | 19 | 16 | 17 |
| Interest expense | 22 | 30 | 42 | 32 | 44 | 53 | 51 | 50 | 49 | 54 | 57 | 58 |
| Other non-operating income | −2 | −138 | −305 | −198 | −57 | −149 | 6 | −8 | 73 | 187 | 85 | 0 |
| Income before tax | 407 | 78 | 214 | −14 | 23 | −211 | −411 | −252 | −195 | −534 | −188 | −205 |
| Income tax expense | 60 | 30 | 71 | 4 | 22 | −87 | −104 | −43 | −29 | −155 | −57 | −24 |
| Net income from continuing operations | 347 | 48 | 143 | −18 | 1 | −124 | −307 | −209 | −166 | −379 | −131 | −181 |
| Net income | 197 | 4 | 91 | −15 | 3 | −71 | −197 | −131 | −112 | −224 | −69 | −104 |
| EPS, basic | $15.33 | $0.33 | $6.73 | −$1.15 | $0.26 | −$9.26 | −$15.27 | −$10.00 | −$8.55 | −$17.10 | −$5.28 | −$7.86 |
| EPS, diluted | $11.01 | $0.33 | $6.51 | −$1.15 | $0.26 | −$9.26 | −$15.27 | −$10.00 | −$8.55 | −$17.10 | −$5.28 | −$7.86 |
| Weighted average shares, basic | 13 | 13 | 14 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Weighted average shares, diluted | 14 | 13 | 14 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| EBITDA | 449 | 191 | 255 | 28 | 68 | −141 | −353 | 1,007 | −146 | −476 | −123 | −212 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,198 | 0 | 0 | 0 | 0 |
| EBIT | 449 | 191 | 255 | 28 | 68 | −141 | −353 | −192 | −146 | −476 | −123 | −212 |
