JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026)
JinkoSolar Holding (JKS) posted Asset Utilization Ratio of 0.51 for Q1 2026, down 4.84% sequentially from 0.54 in Q4 2025, and down 51.8% YoY from 1.07 in Q1 2025.
JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
JinkoSolar Holding has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.51 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 51.8% year-over-year to 0.51 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.51 (down 51.8% YoY) and the FY2025 annual result came in at 0.55, down 24.4% from the prior year.
- Asset Utilization Ratio eased to 0.51 in Q1 2026 per JKS's latest filing, from 0.54 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.34 in Q3 2023 and troughed at 0.51 in Q1 2026.
- A 5-year average of 0.91 and a median of 0.86 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio surged 99.51% in 2023, then plunged 52.26% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.79 in 2022, then soared by 66.96% to 1.32 in 2023, then slipped by 17.81% to 1.09 in 2024, then tumbled by 50.31% to 0.54 in 2025, then decreased by 4.84% to 0.51 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.51, 0.54, and 0.56 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.15 Bn | 21.42 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 13.00 Bn | 11.79 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 5.09 Bn | 4.15 Bn | 175.01 Mn | 0.47 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.15 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 0.56 |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 982.23 Mn | -606.06 Mn | 124.40 Mn | 0.74 |
| 8 | JinkoSolar Holding | 837.92 Mn | -2.47 Bn | 147.66 Mn | 0.51 |
| 9 | Array Technologies | 730.09 Mn | 422.79 Mn | 99.60 Mn | 0.79 |
| 10 | Toyo | 179.54 Mn | 102.90 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.34 |
| Jun 30, 2023 | 0.86 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.79 |
| 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 |
| Jun 30, 2021 | 0.59 |