Jinkosolar Holding Co., Ltd. income statement
In fiscal 2025, Jinkosolar Holding Co., Ltd. reported revenue of $9.11bn, down 28.9% on the year before, operating income of −$1.24bn (a -13.6% margin) and net income of −$619m, or −$11.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.2 | 0.7 | 1.1 | 0.8 | 1.2 | 1.6 | 2.5 | 3.2 | 3.9 | 3.8 | 4.3 | 5.1 | 6.3 | 12.4 | 16.8 | 12.8 | 9.1 |
| Cost of revenue | 0.2 | 0.5 | 1.0 | 0.7 | 0.9 | 1.2 | 2.0 | 2.6 | 3.5 | 3.3 | 3.5 | 4.2 | 5.3 | 10.6 | 14.1 | 11.4 | 8.9 |
| Gross profit | 0.0 | 0.2 | 0.2 | 0.0 | 0.2 | 0.3 | 0.5 | 0.6 | 0.4 | 0.5 | 0.8 | 0.9 | 1.0 | 1.8 | 2.7 | 1.4 | 0.2 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling and marketing | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 1.1 | 1.0 | 0.9 | 0.6 |
| General and administrative | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.5 | 0.6 | 0.6 | 0.5 |
| Operating income | 0.0 | 0.1 | 0.0 | −0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.0 | 0.1 | 0.3 | 0.3 | 0.2 | 0.1 | 0.9 | −0.5 | −1.2 |
| Interest expense | — | — | — | — | — | — | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 |
| Income before tax | 0.0 | 0.2 | 0.1 | −0.2 | 0.0 | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | 0.2 | 0.1 | 0.2 | 0.3 | 1.1 | 0.0 | −1.3 |
| Income tax | −0.0 | 0.0 | 0.0 | −0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.0 | −0.3 |
| Net income | 0.0 | 0.1 | 0.0 | −0.2 | 0.0 | 0.1 | 0.1 | 0.3 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.5 | 0.0 | −0.6 |
| Diluted EPS | — | $6.45 | — | −$11.02 | $1.28 | — | $3.41 | — | $0.64 | $1.59 | — | — | — | $1.85 | $8.61 | — | −$11.87 |
| Diluted shares (average) | 13m | 20m | 26m | 22m | 24m | 38m | 32m | 33m | 33m | 39m | 42m | 43m | 51m | 50m | 57m | 52m | 52m |
| EBITDA | 0.0 | 0.2 | 0.1 | −0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.1 | 0.2 | 0.4 | 0.4 | 0.4 | 0.4 | 2.0 | 0.6 | −0.2 |
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