JinkoSolar Historical Income Statement

JKS Stock  USD 21.67  0.74  3.30%   
Historical analysis of JinkoSolar Holding income statement accounts such as Selling General Administrative of 4.8 B or Selling And Marketing Expenses of 7.2 B can show how well JinkoSolar Holding performed in making a profits. Evaluating JinkoSolar Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of JinkoSolar Holding's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining JinkoSolar Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether JinkoSolar Holding is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.

About JinkoSolar Income Statement Analysis

JinkoSolar Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to JinkoSolar Holding shareholders. The income statement also shows JinkoSolar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

JinkoSolar Holding Income Statement Chart

At this time, JinkoSolar Holding's Research Development is comparatively stable compared to the past year. EBITDA is likely to gain to about 17.7 B in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 458.6 M in 2024.

Total Revenue

Total revenue comprises all receipts JinkoSolar Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of JinkoSolar Holding minus its cost of goods sold. It is profit before JinkoSolar Holding operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on JinkoSolar Holding income statement and is an important metric when analyzing JinkoSolar Holding profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from JinkoSolar Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into JinkoSolar Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.At this time, JinkoSolar Holding's Research Development is comparatively stable compared to the past year. EBITDA is likely to gain to about 17.7 B in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 458.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.7B12.3B19.0B20.0B
Total Revenue40.8B83.1B118.7B124.6B

JinkoSolar Holding income statement Correlations

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-0.13-0.17-0.23-0.2-0.2-0.2-0.16-0.2-0.27-0.17-0.2-0.21-0.120.05-0.1-0.130.0-0.13-0.13-0.120.13-0.13
0.94-0.170.970.990.980.990.850.830.960.910.990.990.90.820.790.95-0.640.920.950.26-0.860.94
0.86-0.230.970.970.960.970.760.750.970.820.970.970.840.830.750.9-0.560.830.870.25-0.760.85
0.94-0.20.990.971.01.00.880.870.980.931.00.990.930.820.850.96-0.630.930.950.26-0.80.95
0.95-0.20.980.961.00.990.910.90.970.950.990.990.950.80.870.97-0.610.940.960.28-0.830.96
0.94-0.20.990.971.00.990.870.870.980.921.00.990.930.820.840.96-0.630.930.940.26-0.80.94
0.93-0.160.850.760.880.910.870.990.830.980.880.860.970.630.960.93-0.550.950.930.3-0.770.94
0.91-0.20.830.750.870.90.870.990.820.980.870.850.970.630.950.93-0.570.960.920.22-0.70.94
0.88-0.270.960.970.980.970.980.830.820.870.980.980.870.750.790.9-0.530.860.880.31-0.790.89
0.98-0.170.910.820.930.950.920.980.980.870.920.910.990.730.930.97-0.660.990.970.23-0.780.99
0.94-0.20.990.971.00.991.00.880.870.980.920.990.930.830.840.96-0.630.930.940.25-0.80.95
0.94-0.210.990.970.990.990.990.860.850.980.910.990.90.790.80.95-0.580.910.940.32-0.820.94
0.96-0.120.90.840.930.950.930.970.970.870.990.930.90.80.970.98-0.690.980.970.15-0.770.97
0.790.050.820.830.820.80.820.630.630.750.730.830.790.80.710.82-0.830.780.82-0.2-0.580.79
0.87-0.10.790.750.850.870.840.960.950.790.930.840.80.970.710.9-0.60.90.880.12-0.70.89
0.97-0.130.950.90.960.970.960.930.930.90.970.960.950.980.820.9-0.670.981.00.19-0.80.98
-0.730.0-0.64-0.56-0.63-0.61-0.63-0.55-0.57-0.53-0.66-0.63-0.58-0.69-0.83-0.6-0.67-0.71-0.690.390.48-0.71
0.98-0.130.920.830.930.940.930.950.960.860.990.930.910.980.780.90.98-0.710.980.14-0.780.99
0.97-0.130.950.870.950.960.940.930.920.880.970.940.940.970.820.881.0-0.690.980.18-0.80.98
0.23-0.120.260.250.260.280.260.30.220.310.230.250.320.15-0.20.120.190.390.140.18-0.350.21
-0.830.13-0.86-0.76-0.8-0.83-0.8-0.77-0.7-0.79-0.78-0.8-0.82-0.77-0.58-0.7-0.80.48-0.78-0.8-0.35-0.8
0.99-0.130.940.850.950.960.940.940.940.890.990.950.940.970.790.890.98-0.710.990.980.21-0.8
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JinkoSolar Holding Account Relationship Matchups

JinkoSolar Holding income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K1.4B1.8B2.8B8.2B8.6B
Interest Expense391.6M459.2M624.0M490.7M1.2B1.1B
Selling General Administrative1.0B1.4B1.9B3.5B4.6B4.8B
Selling And Marketing Expenses2.3B2.5B2.9B7.2B6.8B7.2B
Total Revenue29.7B35.1B40.8B83.1B118.7B124.6B
Gross Profit5.4B6.2B6.7B12.3B19.0B20.0B
Other Operating Expenses28.1B34.1B39.1B80.5B112.6B118.2B
Operating Income1.8B1.9B1.4B803.0M6.1B6.4B
Ebit2.6B1.8B1.2B673.1M8.7B9.1B
Research Development324.4M389.2M461.6M724.8M911.9M957.5M
Ebitda2.6B3.1B3.0B3.4B16.9B17.7B
Cost Of Revenue24.3B29.0B34.2B70.8B99.6B104.6B
Total Operating Expenses3.7B5.1B4.9B9.6B13.0B13.6B
Income Before Tax1.2B513.7M1.1B2.2B7.7B8.1B
Total Other Income Expense Net(595.6M)(1.3B)(226.5M)1.7B1.6B1.7B
Net Income898.7M230.4M721.0M620.5M3.4B3.6B
Income Tax Expense278.0M178.4M194.1M605.3M1.3B1.3B
Net Income Applicable To Common Shares898.7M230.4M721.0M665.2M764.9M458.6M
Minority Interest3.1B3.0B(234.6M)(957.8M)(3.0B)(2.9B)
Net Income From Continuing Ops924.4M335.3M955.6M1.6B6.5B6.8B
Tax Provision278.0M178.4M194.1M579.2M1.3B1.3B
Interest Income560.6M1.4B480.2M450.6M553.5M585.4M
Net Interest Income(410.2M)(459.2M)(624.0M)(490.7M)(617.6M)(648.5M)
Reconciled Depreciation978.9M1.4B1.8B2.8B8.2B8.6B

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Additional Tools for JinkoSolar Stock Analysis

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