Jinko Solar Co., Ltd. Website

Jinko Solar Co., Ltd.

SHSE-688223

Income Statement
Dec '14
Dec '15
Dec '16
Jan '18
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

29,294.4

33,190.1

39,352.3

81,293.4

116,264.3

109,607.2

Other Revenues, Total

—

—

195.2

469.4

1,217.4

1,382.6

2,417.5

2,701.5

Total Revenues

29,489.6

33,659.6

40,569.6

82,676.1

118,681.8

112,308.7

Total Revenues % Chg.

20.3%

14.1%

20.5%

103.8%

43.6%

9.2%

Cost of Goods Sold, Total

23,749.6

28,904

35,606

74,668.1

102,673

99,744.5

Gross Profit

5,739.9

4,755.6

4,963.6

8,008

16,008.7

12,564.3

Selling General & Admin Expenses, Total

2,787.7

1,736.6

2,024.2

4,079.9

5,255.3

5,875.1

Provision for Bad Debts

—

—

—

—

152.6

78.3

-144.7

119.4

115.8

132.9

R&D Expenses

—

—

—

679.6

705.7

716.2

1,199.4

1,577.5

1,184.9

Other Operating Expenses

57

98.7

119.1

218.2

372.5

986.8

Other Operating Expenses, Total

3,676.9

2,619.3

2,714.9

5,617

7,321.1

8,179.7

Operating Income

2,063

2,136.3

2,248.8

2,391

8,687.6

4,384.5

Interest Expense, Total

-464.9

-697.5

-842

-1,069.9

-1,179.6

-1,114.4

Interest And Investment Income

—

122.7

177.7

405.9

310.9

334.5

963.8

Net Interest Expenses

-342.2

-519.8

-436.1

-759

-845.1

-150.6

Currency Exchange Gains (Loss)

—

—

78.1

-341.7

-334.4

1,004.6

1,006.8

111.5

Other Non Operating Income (Expenses)

-96.5

57.1

-22.3

-10.6

-176.8

-224.6

EBT, Excl. Unusual Items

1,702.3

1,332

1,456

2,626.1

8,672.5

4,120.9

Gain (Loss) On Sale Of Investments

—

—

—

—

-0.4

135.3

70.9

5.7

20.7

399.4

Gain (Loss) On Sale Of Assets

—

-68.5

-427.5

-352.1

-394.6

-113.8

-183.8

Asset Writedown

-70

-20.4

-150.3

-227.7

-642.6

-89.6

Legal Settlements

—

—

—

—

—

—

—

-30.5

—

-159.6

-175.4

Other Unusual Items

—

—

—

—

10.2

162.2

365.9

1,117.5

916.6

1,366.9

EBT, Incl. Unusual Items

1,573.7

1,181.6

1,359.9

3,127

8,693.8

5,438.5

Income Tax Expense

177.1

139.1

218.6

188.4

1,253.3

640.8

Earnings From Continuing Operations

1,396.5

1,042.5

1,141.4

2,938.6

7,440.5

4,797.7

Minority Interest

-15.7

-1

0

—

—

—

Net Income

1,380.8

1,041.6

1,141.4

2,938.6

7,440.5

4,797.7

Net Income to Common Incl Extra Items

1,380.8

1,041.6

1,141.4

2,938.6

7,440.5

4,797.7

Net Income to Common Excl. Extra Items

1,380.8

1,041.6

1,141.4

2,938.6

7,440.5

4,797.7

Total Shares Outstanding

—

8,000

8,000

10,000

10,005.2

10,005.2

Weighted Avg. Shares Outstanding

—

5,786.5

8,152.9

9,795.4

10,054.7

9,998.6

Weighted Avg. Shares Outstanding Dil

—

5,786.5

8,152.9

10,883.8

10,192.4

10,310

EPS

—

0.2

0.1

0.3

0.7

0.5

EPS Diluted

—

0.2

0.1

0.3

0.7

0.5

EBITDA

3,012.6

3,443

3,854.7

5,161.3

16,294.6

11,563.3

Effective Tax Rate

11.3%

11.8%

16.1%

6%

14.4%

11.8%