Company Analysis

Jinkosolar Holdings Co (JKS)

NYSE: JKS · Semiconductors & Related Devices · Jiangxi Province, CN · filing with the SEC since 2010
Grade3.4
◀ Past 5.6● Present 2.4▶ Future 2.1
1 est.

The grade of Jinkosolar Holdings Co

Nine metrics read from its own filings, by tense
Headline grade
3.4/10
◀ Past5.635% of the headline
● Present2.438% of the headline
▶ Future2.128% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.6/1035% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 39% of this tense · 76th percentile among 99 sector filers · read for itself

From the record

Jinkosolar Holdings Co's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.2/10

What has it actually done, year after year?

+12% a year over 9 filed years; profitable in 8 of 9.

weight 39% of this tense · 52nd percentile among 93 sector filers · read for its customers

From the record

Jinkosolar Holdings Co's 9 filed years say what it did: revenue went from CNY 26 billion in fiscal 2017 to CNY 65 billion in fiscal 2025, up 12% a year; it rose in 5 of 8 years; the deepest fall was 45% from fiscal 2023 to fiscal 2025; net income was positive in 8 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.0%top 31% of its family
  • the share of years revenue rosebottom 40% of its family
  • the share of filed years with a profittop 34% of its family
  • the deepest fall from a revenue peak44.8%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.0/10

How has it treated the people who own it?

Share count grew 1.3% a year. 0% of cash flow returned. Insiders: 4 sales, 1 purchases.

weight 22% of this tense · 30th percentile among 67 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Jinkosolar Holdings Co's diluted share count grew about 1.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $50 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 46% of its family
  • cash returned against operating cash flowbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

2.4/1038% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.9/10

Is it financially healthy right now?

ROE -17%: lost 17¢ per shareholder dollar. Leverage 78%: owes 78¢ per asset dollar.

weight 45% of this tense · 29th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Jinkosolar Holdings Co lost about 17 cents for every dollar of shareholders' money, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 78 cents per dollar of assets, and net share issuance: its share count shrank 0.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 11% of its family
  • return on equitybottom 17% of its family
  • gross profit against assetsbottom 7% of its family
  • the share count against the year beforetop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.3/10

How strong is its position in its industry?

bottom 32% of 97 in its family; net margin -6.8%.

weight 33% of this tense · 32nd percentile among 97 sector filers · read for its customers

From the record

Jinkosolar Holdings Co's standing among 97 graded names in its industry family: revenue of CNY 65 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of -6.8% ranks in the bottom 37%; revenue growth of -7.6% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

What it rests on

  • net margin-6.8%bottom 37% of its family
  • three-year revenue growth-7.6%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
0.1/10

What are the people in charge doing?

SI estimate 0.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 1st percentile among 79 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the chief executive's years under the title, which ranks in the bottom 1% of 79 in its family; it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: the chief executive's years on the record, the one part on file, ranked among 79 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Jinkosolar Holdings Co's leadership is put at 0.1 of 10 with a confidence of 35 of 100, because read from one part only, the chief executive's years under the title, which ranks in the bottom 1% of 79 in its family; it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

2.1/1028% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.7/10

How much room does it have to grow?

bottom 27% of 94 in its family for room to expand.

weight 34% of this tense · 27th percentile among 94 sector filers · read for itself

From the record

Jinkosolar Holdings Co's room to grow, from the newest filed statements (fiscal 2025): cash of CNY 20 billion against no long-term debt tagged leaves 16.5% of its assets as net cash, top 39% of its family; cash from operations less capital spending is -3.2% of revenue (bottom 36%); a gross margin of 2.2% (bottom 7%); research spending of 1.4% of revenue (bottom 3%) (its annual report).

What it rests on

  • cash less debt against assets16.5%top 39% of its family
  • cash from operations less capital spending against revenue-3.2%bottom 36% of its family
  • gross margin2.2%bottom 7% of its family
  • research spending against revenue1.4%bottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.3/10

What could actually drive growth from here?

bottom 23% of 93 in its family for growth drivers.

weight 33% of this tense · 23rd percentile among 93 sector filers · read for its customers

From the record

Jinkosolar Holdings Co's growth drivers, from the filed years to fiscal 2025: revenue grew -7.6% a year over the last three filed years against 12% over all 9, slowing (bottom 16% of its family); the newest year grew -29% (bottom 8%); research spending grew 7.4% a year (top 41%); capital spending grew -36.2% a year (bottom 9%) (its annual reports). Jinkosolar Holdings Co reported 2 product lines in fiscal 2025: Sale of Photovoltaic Products at CNY 63 billion (96%), Other Solar Material at CNY 3.0 billion (5%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-19.6 points a yearbottom 16% of its family
  • the newest year's revenue growth-29.0%bottom 8% of its family
  • three-year growth of research spending7.4%top 41% of its family
  • three-year growth of capital spending-36.2%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.3/10

Did its newest year beat what its own record pointed to?

bottom 13% of 88 in its family for expectations against reality.

weight 34% of this tense · 13th percentile among 88 sector filers · read for its shareholders

From the record

Jinkosolar Holdings Co's newest year against its own record: revenue of CNY 65 billion in fiscal 2025 came in 32.6% below the CNY 97 billion its prior three years' pace pointed to (bottom 5% of its family); net income of CNY 4.4 billion against a prior three-year average of CNY 1.4 billion (bottom 5%); a net margin of -6.8% against 1.2% before (bottom 29%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-32.6%bottom 5% of its family
  • net income against the prior three years' average-424%bottom 5% of its family
  • net margin against its prior average-8.0 pointsbottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton JKS · research, not advice