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Producer Manufacturing

JinkoSolar Holding Co., Ltd.

Business Summary

JinkoSolar Holding Co., Ltd. engages in the design, development, production and marketing of photovoltaic products, and solar system integration services. It focuses on vertically integrated solar power products manufacturing business from silicon ingots, wafers, and cells to solar modules. The company was founded by Xiande Li, Kangping Chen, and Xianhua Li on August 3, 2007 and is headquartered in Shangrao, China.

Financial Highlights

Dec 2020 USD
Revenue5,089.57M5,089.57M
Gross Profit894.15M894.15M
Operating income275.14M275.14M
Income before tax82.05M82.05M
Net income33.37M33.37M
EBITDA----
Diluted EPS0.740.74
Dividends Per Share----
Total Assets8,139.75M8,139.75M
Total liabilities6,153.33M6,153.33M
Total equity1,527.24M1,527.24M
Operating cash flow----
Currency in USDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,221.26M 3,917.14M 3,784.58M 4,304.90M 5,089.57M
Gross Profit 582.41M 442.65M 531.01M 786.07M 894.15M
Operating income 221.96M 48.12M 99.66M 260.19M 275.14M
Income before tax 187.80M 22.02M 61.56M 181.07M 82.05M
Net income 149.11M 20.96M 61.42M 130.05M 33.37M
EBITDA 339.44M 137.96M 221.50M 388.98M --
Diluted EPS 3.80 0.63 1.58 3.07 0.74
Dividends Per Share 0 0 0 0 --
Total Assets 3,754.31M 4,397.48M 5,222.07M 6,868.61M 8,139.75M
Total liabilities 2,824.72M 3,370.26M 3,990.73M 5,082.57M 6,153.33M
Total equity 929.66M 1,027.22M 1,141.89M 1,335.58M 1,527.24M
Operating cash flow -271.38M -26.20M 92.87M 204.14M --
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,221.26M 3,917.14M 3,784.58M 4,304.90M 5,089.57M
Gross Profit 582.41M 442.65M 531.01M 786.07M 894.15M
Operating income 221.96M 48.12M 99.66M 260.19M 275.14M
Income before tax 187.80M 22.02M 61.56M 181.07M 82.05M
Net income 149.11M 20.96M 61.42M 130.05M 33.37M
EBITDA 339.44M 137.96M 221.50M 388.98M --
Diluted EPS 3.80 0.63 1.58 3.07 0.74
Dividends Per Share 0 0 0 0 --
Total Assets 3,754.31M 4,397.48M 5,222.07M 6,868.61M 8,139.75M
Total liabilities 2,824.72M 3,370.26M 3,990.73M 5,082.57M 6,153.33M
Total equity 929.66M 1,027.22M 1,141.89M 1,335.58M 1,527.24M
Operating cash flow -271.38M -26.20M 92.87M 204.14M --

Valuation Measures

Dec 2020
PER82.92
ROA0.44%
ROE2.33%
Operating margin5.40%
Profit margin0.65%

Key executives

  • Chairman & Chief Executive Officer: Xian De Li
  • Chief Financial Officer & Director: Hai Yun Cao
  • Director & Vice President: Xian Hua Li
  • Head-Investor Relations: Ripple Zhang

Shareholders

  • Invesco Capital Management LLC (5.9%)
  • D. E. Shaw & Co. LP (4.8%)
  • Dimensional Fund Advisors LP (2.9%)
  • Susquehanna Financial Group LLLP (2.8%)
  • Nomura Securities Co., Ltd. (Private Banking) (2.8%)
  • Handelsbanken Fonder AB (2.6%)
  • JPMorgan Securities LLC (Investment Management) (2.5%)
  • The Vanguard Group, Inc. (2.2%)
  • Citigroup Global Markets, Inc. (Investment Management) (1.8%)
  • Storebrand Asset Management AS (1.8%)

Contact Details

  • Website:http://www.jinkosolar.com
  • Address: 1 Jingke Road, Shangrao Economic Development Zone, Shangrao, 334100, China
  • Phone: +86.793.846.9699

Related Companies

  • JinkoSolar Investment Pte Ltd.
  • Jinkosolar Middle East DMCC
  • Jinko Solar Australia Holdings Co. Pty Ltd.
  • Jinko Solar (US) Industries, Inc.
  • Jinko Solar Pty Ltd.
  • Jinko Solar Technology Sdn. Bhd.
  • JinkoSolar GmbH
  • JinkoSolar (U.S.), Inc.
  • Jinko Solar Japan KK
  • JinkoSolar Power Co. Ltd.
  • JinkoSolar Power Engineering Group Ltd.
  • GT Solar Equipment Trading (Shanghai) Co. Ltd.
  • Zhejiang Jinko Solar Co. Ltd.
  • Jinko Solar Co., Ltd.

Competitors

  • Canadian Solar Inc.
  • LONGi Green Energy Technology Co Ltd Class A
  • JA Solar Technology Co., Ltd. Class A
  • Trina Solar Ltd Class A
  • Yingli Green Energy Holding Co. Ltd. Sponsored ADR
  • China Sunergy Co., Ltd. Sponsored ADR
  • Maxeon Solar Technologies, Ltd.
  • Motech Industries, Inc.
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • Meyer Burger Technology AG
  • Genie Energy Ltd. Class B
Last Updated on 21 Apr, 2021

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