← JinkoSolar Holding Co., Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.1b | $4.1b | $3.6b | $4.3b | $5.4b | $6.4b | $12.1b | $16.7b | $405.2m | $9.4b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $4.3b | $5.4b | $6.4b | $12.1b | $16.7b | $12.6b | $9.4b | |
| Cost of Revenue | $2.5b | $3.6b | $0 | $19.4m | $4.4b | $5.4b | $10.3b | $14.0b | $233.6m | $7.9b | |
| Gross Profit | $557.3m | $459.8m | $511.1m | $780.2m | $945.8m | $1.0b | $1.8b | $2.7b | $1.4b | $201.7m | |
| Operating Expenses | $363.0m | $409.8m | $417.3m | $531.8m | $672.3m | $871.8m | $1.7b | $1.8b | $1.8b | $1.5b | |
| Operating Income (Loss) | $194.3m | $50.0m | $93.8m | $248.4m | $273.6m | $173.0m | $62.2m | $858.1m | ($458.2m) | ($1.3b) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $461k | $535k | $613k | $980k | $1.6m | $1.9m | $2.5m | $17.1m | $12.0m | $17.5m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | $0 | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $30.1m | ($17.6m) | $4.9m | $1.3m | ($51.6m) | ($55.8m) | $148.7m | $132.1m | $66.4m | $1.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | ($11.8b) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $0 | $0 | $5 | $1 | $4 | $3 | $17 | $0 | ($21) | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $0 | $0 | $5 | ($1) | $2 | $3 | $15 | ($1) | ($21) | |
| Income (Loss) from Equity Method Investments | $2.2m | ($316k) | $380k | ($7.0m) | ($8.1m) | $9.4m | $28.1m | $31.4m | ($24.3m) | ($21.1m) | |
| Interest and Other Income | — | $58.8m | $83.5m | $171.0m | $216.6m | $214.3m | $589.0m | $554.0m | $415.0m | $504.0m | |
| Interest Income, Other | — | $58.8m | $83.5m | $171.0m | $216.6m | $214.3m | $589.0m | $554.0m | $415.0m | $504.0m | |
| Other Income | — | $1.7m | $5.3m | — | — | — | — | $0 | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $179.7m | $22.9m | — | — | — | $171.0m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $990.7m | $141.7m | $406.5m | $898.7m | $230.4m | $721.0m | $621k | $3.4b | $54.5m | ($4.4b) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $142.6m | $21.9m | $59.0m | $924.4m | $335.3m | $955.6m | $1.6m | $6.5b | $13.5m | ($7.1b) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $144.3m | — | — | — | — | — | — | — | — | — | |
| Investment Income, Net | $706k | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $263.1m | $21.8m | $59.1m | $129.1m | $35.3m | $113.1m | $90.0m | $485.6m | $7.5m | ($635.6m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $3.7m | $16.1m | ($36.8m) | $137.0m | $423.3m | — | — | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | — | — | — | — | — | — | — | — | ($10.5m) | ($393.5m) | |
| Earnings Per Share, Basic | — | — | — | $0.76 | $0.20 | $0.59 | $0.45 | $2.34 | $0.04 | ($3.05) | |
| Earnings Per Share, Diluted | — | — | — | $0.70 | ($0.21) | $0.31 | $0.45 | $2.15 | ($0.17) | ($3.05) | |
| Weighted Average Number of Shares Outstanding, Basic | 125.9m | 128.9m | 153.8m | 169.4m | 178.9m | 190.7m | 198.0m | 207.7m | 208.6m | 208.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 130.6m | 131.7m | 154.7m | 166.6m | 171.4m | 205.7m | 200.4m | 226.1m | 210.0m | 208.4m | |
| Research and Development Expense | $26.1m | $45.2m | $53.3m | $46.6m | $59.6m | $72.4m | $105.1m | $128.4m | $126.1m | $128.3m | |
| General and Administrative Expense | $112.2m | $72.4m | $113.4m | $152.1m | $216.0m | $308.1m | $508.7m | $645.6m | $629.9m | $472.6m | |
| Other Nonoperating Income (Expense) | $8.8m | $59.6m | $25.8m | $17.9m | $2.3m | $1.9m | $1.6m | $26.1m | $308.0m | ($219.9m) | |
| Selling and Marketing Expense | $206.5m | $292.2m | $248.5m | $323.2m | $379.2m | $448.2m | $1.0b | $960.5m | $909.9m | $636.6m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $156.6m | $194.5m | |
| Interest Expense | — | $322.0m | $429.3m | $605.9m | $705.2m | $878.9m | $156.5m | $165.0m | — | — | |
| Current Income Tax Expense (Benefit) | $269.7m | $12.1m | $111.3m | ($13.6m) | $84.3m | $456.5m | $926.0m | $2.1b | $1.5b | $465.8m | |
| Interest Income (Expense), Nonoperating, Net | ($51.7m) | ($37.7m) | ($43.0m) | ($56.2m) | ($70.4m) | ($97.9m) | ($490.7m) | ($617.6m) | ($1.1b) | ($1.4b) | |
| Income Tax Expense (Benefit) | $37.1m | $711k | $641k | $39.9m | $27.3m | $30.5m | $87.8m | $177.5m | $9.5m | ($317.6m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.