JinkoSolar Balance Sheet - Annual (NYSE:JKS)

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$12.19 $0.18 (1.46%) JKS stock closing price Jun 15, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our JinkoSolar stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate JinkoSolar stock analysis. Annual results are typically accompanied with the company releasing financial statements. The JinkoSolar balance sheet for 2017 shows total assets of $4.4B. The company has a asset turnover ratio of 0.88. Also see: JinkoSolar revenue and JinkoSolar operating cash flow for the same year.

View latest 10 year balance sheet data to check JinkoSolar financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec20172016201520142013201220112010
Cash424.41M406.19M654.44M369.73M141.16M67.39M92.15M142.12M
Marketable Securities498.04M490.38M276.17M275.81M121.26M115.96M78.52M5.25M
Receivables1.02B899.83M528.68M530.7M319.29M291.84M254.24M87.4M
Inventory656.86M644.32M494.5M304.79M117.61M84.74M126.8M124.16M
Raw Materials--------
Work In Progress--------
Finished Goods--------
Notes Receivable87.79M219.71M85.53M-49.17M-2.74M-
Other Current Assets323.34M176.25M213.66M196.29M134.04M79.55M177.73M124.15M
Total Current Assets
3.01B2.84B2.25B1.68B882.55M639.73M732.21M483.11M
Property Plant & Equipment--------
Accumulated Depreciation--------
Net Property Plant & Equipment
1.03B682.51M582.21M499.91M526.45M620.57M610.24M293.78M
Investment & Advances3.43M1.03M18.02M16.62M20.43M5.64M--
Other Non-Current Assets--------
Deferred Charges42.32M19.41M19.42M16.45M----
Intangibles72.08M67.87M57.29M61.55M60.38M59.73M59.05M46.73M
Deposits & Other Assets243.09M150.28M1.26B804.46M262.85M18.16M56.47M66.43M
Total Assets
4.4B3.76B4.19B3.08B1.75B1.34B1.46B890.06M
Notes Payable1.83B1.48B895.96M815.41M570.44M184.44M494.03M264.13M
Accounts Payable716.77M617.89M584.26M507.56M292M22.1M54.17M53.79M
Current Portion Long-Term Debt-61.03M100.48M-127.27M360.44M165.18M-
Current Portion Capital Leases--------
Accrued Expenses110.87M83.86M73.41M50.35M39.42M33.13M28.06M14.67M
Income Taxes Payable4.26M26.67M17.8M12.21M2.58M-5.22M13.97M
Other Current Liabilities410.8M373.9M679.92M310.51M163.75M401.19M149.82M98.27M
Total Current Liabilities
3.07B2.64B2.35B1.7B1.2B1B896.51M444.84M
Mortgages--------
Deferred Taxes/Income10.77M7.29M1.75M-----
Convertible Debt--132.15M248.26M-77.62M61.61M-
Long-Term Debt186.99M70.36M723.21M283.09M197.3M26.8M24.7M40.79M
Non-Current Capital Leases--------
Other Long-Term Liabilities107.27M104.94M309.6M47.77M26.28M17.57M13.56M-
Total Liabilities
3.37B2.83B3.52B2.28B1.42B1.12B996.39M486.24M
Minority Interest--------
Preferred Stock--------
Common Stock Net--------
Capital Surplus509.29M453.01M451.43M450.31M325.2M244.73M239.47M233.65M
Retained Earnings437.93M397.27M161.63M74.64M-23.6M-52.17M193.43M145.22M
Treasury Stock2.13M1.99M2.14M2.23M2.29M2.22M1.32M-
Other Liabilities83.02M82.17M60.86M278.03M34.47M30.17M30M24.93M
Shareholders Equity1.03B930.46M671.8M800.76M333.78M220.51M461.58M403.81M
Total Liabilities & Shareholders Equity4.4B3.76B4.19B3.08B1.75B1.34B1.46B890.06M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest JinkoSolar stock price, and JinkoSolar historical stock prices show the stock price movement over time, and the JinkoSolar PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like JinkoSolar owns and has monetary significance. JKS assets grew from $3.76B in 2016 to $4.4B in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for JinkoSolar is $3.37B. Shareholders' equity comes under liabilities as it is money the company owes the holders of JKS stock.

JinkoSolar Balance Sheet - Key Ratios

Current ratio
0.98
Debt to equity ratio
1.62
Asset turnover ratio
0.88
Receivables turnover
3.9
Price to book ratio
0.41