Jinko Solar
- Customers1.4 KFY, 2019
- Revenue¥40.8 BFY, 2021
- Market Capitalization$2.7 B2022-05-26
OverviewSuggest Edit
JinkoSolar is a company that manufactures solar panels. It offers silicon wafers, solar cells, and solar modules. It operates as a vertically integrated manufacturer and leverages a production capacity for various panel manufacturing stages.
| Type | Public | |
| Founded | 2006 | |
| HQ | Shangrao, CN | Map |
| Website | jinkosolar.com | |
| Employee Ratings | ||
| Overall Culture | C | More |
Recent NewsAll News
- JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Announces Certain Preliminary Unaudited Financial Results for First Quarter 2022
- JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Proposes 2021 Cash Dividend Plan to Its Annual Shareholders' Meeting For Approval
- JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Signs Investment Framework Agreement for High-efficiency Solar Module and PV Module Aluminum Frame Project in Jiangxi, China
- JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Announces Certain Preliminary Unaudited Financial Results for Full Year 2021
Key People/Management at Jinko Solar
Xiande Li
Chairman of the Board of Directors and Chief Execute Officer
Charlie Cao
Chief Financial Officer
Gener Miao
Chief Marketing Officer
Hao Jin
Chief Technology Officer
Zhiqun Xu
Chief Operating Officer
Kangping Chen
Director
Jinko Solar Office Locations
Jinko Solar has offices in Shangrao, Beijing, Shanghai, Taizhou and in 18 other locations
Shangrao, CN (HQ)
No.1 Jingke Road,Shangrao Economic Development Zone
Beijing, CN
Car Museum W Rd, Fengtai Qu
Shanghai, CN
Shen Chang Lu, Minhang Qu
Taizhou, CN
Section 3 of Yuhuan economic development Zone
Xingjiang, CN
Xinyuan County Industrial Park A District
Zhejiang, CN
No.58 Yuanxi Road, Yuanhua Industrial Park
Jinko Solar Financials and Metrics
Jinko Solar Revenue
Jinko Solar's revenue was reported to be ¥40.83 b in FY, 2021
| CNY | |
|---|---|
Revenue (FY, 2021) | 40.8b |
Gross profit (FY, 2021) | 8.5b |
Net income (FY, 2021) | 895.8m |
EBITDA (FY, 2021) | 3.2b |
EBIT (FY, 2021) | 2.0b |
Market capitalization (26-May-2022) | 2.7b |
Closing stock price (26-May-2022) | 60.2 |
Cash (31-Dec-2021) | 8.3b |
EV | 31.2b |
Jinko Solar's current market capitalization is $2.7 b.
Annual
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 25.0b | 29.7b | 35.1b | 40.8b |
Cost of goods sold | (20.7b) | (23.3b) | (27.6b) | (32.4b) |
Gross profit | 4.3b | 6.4b | 7.6b | 8.5b |
R&D expense | (366.6m) | (324.4m) | (389.2m) | (461.6m) |
Quarterly
| CNY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.8b | 6.9b | 7.5b | 8.5b | 8.5b | 8.8b | 7.9b | 7.9b | 8.6b |
Cost of goods sold | (4.9b) | (5.8b) | (5.9b) | (6.8b) | (6.9b) | (7.3b) | (6.6b) | (6.6b) | (7.3b) |
Gross profit | 964.3m | 1.1b | 1.6b | 1.7b | 1.5b | 1.5b | 1.4b | 1.4b | 1.3b |
R&D expense | (77.4m) | (73.3m) | (82.1m) | (71.8m) | (74.6m) | (105.4m) | (107.1m) | (114.8m) | (125.1m) |
Annual
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 3.1b | 5.7b | 7.5b | 8.3b |
Accounts Receivable | 5.4b | 5.3b | 4.5b | 7.5b |
Prepaid Expenses | 829.3m | 2.8b | 1.5b | 1.8b |
Inventories | 5.7b | 5.8b | 8.4b | 13.3b |
Quarterly
| CNY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 3.3b | 3.7b | 3.7b | 3.9b | 6.3b | 5.8b | 6.1b | 5.7b | 6.6b |
Accounts Receivable | 5.9b | 4.9b | 4.4b | 5.3b | 5.9b | 5.1b | 4.6b | 3.9b | 4.3b |
Prepaid Expenses | 1.2b | 4.1b | 3.7b | 4.1b | 3.7b | 4.0b | 4.2b | 4.7b | 5.1b |
Inventories | 6.5b | 6.6b | 6.1b | 7.1b | 6.9b | 7.7b | 9.1b | 9.9b | 13.5b |
Annual
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 405.6m | 924.4m | 335.3m | 955.6m |
Depreciation and Amortization | 817.3m | 833.4m | 1.2b | 1.7b |
Inventories | (1.7b) | (209.8m) | (2.8b) | (5.7b) |
Accounts Payable | 647.0m | 381.7m | (389.2m) | 3.2b |
Quarterly
| CNY | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|
| CNY | FY, 2018 |
|---|---|
Revenue/Employee | 2.0m |
Jinko Solar Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Canton Best Limited | ||
| Jiangxi Photovoltaic Materials Co., Ltd. | ||
| Jinko PV Material Supply Sdn. Bhd. | ||
| Jinko Solar Australia Holdings Co. Pty Ltd. | ||
| Jinko Solar Canada Co., Ltd. | ||
| JinkoSolar (Chuxiong) Co., Ltd. | ||
| JinkoSolar (Chuzhou) Co., Ltd. | ||
| Jinko Solar Co., Ltd. | ||
| Jinko Solar Denmark ApS | ||
| JinkoSolar GmbH |
Jinko Solar Revenue Breakdown
Jinko Solar revenue breakdown by business segment: 92.4% from SALES OF SOLAR MODULES and 7.6% from Other
Jinko Solar Cybersecurity Score
Jinko Solar Environment, Social & Governance (ESG) Ratings
Jinko Solar Online and Social Media Presence
340 Twitter followers
Jinko Solar has 340 Twitter Followers. The number of followers has increased 8.9% month over month and increased 17.8% quarter over quarter
Jinko Solar's Trends
Twitter Engagement Stats for @jinko_solar
371
Tweets
5
Following
340
Followers
29
Tweets last 30 days
2.8
Avg. likes per Tweet
100%
Tweets with engagement
Jinko Solar Company Culture
Overall Culture
C
66/100
CEO Rating
B
70/100
Compensation
C-
61/100
Jinko Solar News and Updates
April 22, 2022
JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Announces Certain Preliminary Unaudited Financial Results for First Quarter 2022
SHANGRAO, China, April 22, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced certain preliminary unaudited financial results for the three months...
April 22, 2022
JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Proposes 2021 Cash Dividend Plan to Its Annual Shareholders' Meeting For Approval
SHANGRAO, China, April 22, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that on April 22, 2022, its subsidiary Jinko Solar Co., Ltd. ("Jiangxi...
March 18, 2022
JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Signs Investment Framework Agreement for High-efficiency Solar Module and PV Module Aluminum Frame Project in Jiangxi, China
SHANGRAO, China, March 18, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its principal operating subsidiary, Jinko Solar Co., Ltd....
February 25, 2022
JinkoSolar's Subsidiary Jinko Solar Co., Ltd. Announces Certain Preliminary Unaudited Financial Results for Full Year 2021
SHANGRAO, China, Feb. 25, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that its principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi...
February 15, 2022
The World's Most Powerful Commercial Rooftop Panel Tiger Neo 605W to be Installed in Hainan
JinkoSolar Holding Co., Ltd. (the “Company”, or “JinkoSolar”) (NYSE: JKS) one of the largest and most innovative solar module manufacturers in the world, today announced that its 10MW of the newest, advanced Tiger Neo 605W solar panel, featuring the company’s innovative N-type cells, will be install…
February 10, 2022
JinkoSolar's Tiger Neo Bifacial Modules Reach Competitive Carbon Footprint Value for Tenders in France
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its Tiger Neo Bifacial BDV 570 (144 cells) and Tiger Neo Bifacial BDV 610 (156 cells) modules, have been officially certified…
Jinko Solar Frequently Asked Questions
When was Jinko Solar founded?
Jinko Solar was founded in 2006.
Who are Jinko Solar key executives?
Jinko Solar's key executives are Xiande Li, Charlie Cao and Gener Miao.
How many employees does Jinko Solar have?
Jinko Solar has 24,361 employees.
What is Jinko Solar revenue?
Latest Jinko Solar annual revenue is ¥40.8 b.
What is Jinko Solar revenue per employee?
Latest Jinko Solar revenue per employee is ¥1.7 m.
Who are Jinko Solar competitors?
Competitors of Jinko Solar include Trina Solar, GCL System Integration Technology and Canadian Solar.
Where is Jinko Solar headquarters?
Jinko Solar headquarters is located at No.1 Jingke Road,Shangrao Economic Development Zone, Shangrao.
Where are Jinko Solar offices?
Jinko Solar has offices in Shangrao, Beijing, Shanghai, Taizhou and in 18 other locations.
How many offices does Jinko Solar have?
Jinko Solar has 22 offices.
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