JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026)
JinkoSolar Holding's (JKS) Asset Utilization Ratio came in at 0.47 for Q2 2026, down 54.5% from 1.03 a year earlier and down 8.7% from the prior quarter.
JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, JinkoSolar Holding's Asset Utilization Ratio stood at 0.55, down 24.4% from FY2024.
- In prior years, JinkoSolar Holding's Asset Utilization Ratio was 0.73 in FY2024 (-21.0%), 0.92 in FY2023 (+19.7%), 0.77 in FY2022 (+17.5%) and 0.65 in FY2021 (-8.8%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio in data going back to Q1 2010.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last three quarters, with an average decline of 37.9% over the last five quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q4 2023, with growth of 66.2%; the weakest was Q2 2026, with a decline of 54.5%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.51 (Q1 2026), 0.54 (Q4 2025) and 0.56 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 249.83 Bn | 209.74 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 68.98 Bn | 60.77 Bn | 355.57 Mn | 0.60 |
| 3 | First Solar | 18.60 Bn | 9.55 Bn | 605.00 Mn | 0.40 |
| 4 | BWX Technologies | 12.45 Bn | 10.75 Bn | 202.31 Mn | 0.80 |
| 5 | Nextpower | 12.33 Bn | 8.22 Bn | 335.85 Mn | 0.87 |
| 6 | Generac Holdings | 11.94 Bn | 10.77 Bn | 521.81 Mn | 0.78 |
| 7 | EnerSys | 6.39 Bn | 4.59 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.23 Bn | -624.43 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.77 Bn | 1.61 Bn | 133.10 Mn | 0.29 |
| 10 | JinkoSolar Holding | 417.87 Mn | -12.13 Bn | 75.62 Mn | 0.47 |
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 | 0.64 |
| Mar 31, 2025 | 0.68 |
| Dec 31, 2024 | 0.72 |
| Sep 30, 2024 | 0.81 |
| Jun 30, 2024 | 0.84 |
| Mar 31, 2024 | 0.86 |
| Dec 31, 2023 | 0.91 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 0.88 |
| Mar 31, 2023 | 0.83 |
| 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 |
JinkoSolar Holding Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=JKS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "JKS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=JKS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();