JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026)
JinkoSolar Holding's (JKS) quarterly Asset Utilization Ratio came in at 0.47 in Q2 2026, down 54.51% year-over-year from 1.03 in Q2 2025, and down 8.66% quarter-over-quarter from 0.51 in Q1 2026.
Analysis
JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
JinkoSolar Holding has disclosed Asset Utilization Ratio across 17 years of filings, most recently posting 0.47 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 54.51% year-over-year to 0.47; the TTM figure through Jun 2026 stood at 0.47 (down 54.51% YoY), while the FY2025 annual figure was 0.55, down 24.4% from the prior year.
- Asset Utilization Ratio came in at 0.47 for Q2 2026 at JinkoSolar Holding, down from 0.51 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.35 in Q3 2023 to a low of 0.47 in Q2 2026.
- Average Asset Utilization Ratio over 5 years is 0.89, with a median of 0.85 recorded in 2023.
- Year-over-year, Asset Utilization Ratio surged 99.99% in 2023 and sank 54.51% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.8 in 2022, then soared by 66.17% to 1.32 in 2023, then retreated by 17.81% to 1.09 in 2024, then sank by 50.31% to 0.54 in 2025, then dropped by 13.09% to 0.47 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.47 in Q2 2026, 0.51 in Q1 2026, and 0.54 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 0.47 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 0.56 |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 0.67 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 0.32 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 0.79 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 0.47 |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 0.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.54 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 1.03 |
| Mar 31, 2025 | 1.07 |
| Dec 31, 2024 | 1.09 |
| Sep 30, 2024 | 1.17 |
| Jun 30, 2024 | 1.25 |
| Mar 31, 2024 | 1.26 |
| Dec 31, 2023 | 1.32 |
| Sep 30, 2023 | 1.35 |
| Jun 30, 2023 | 0.86 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.80 |
| Sep 30, 2022 | 0.67 |
| Jun 30, 2022 | 0.60 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.59 |
| Sep 30, 2021 | 0.55 |