JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026)
JinkoSolar Holding (JKS) reported Asset Utilization Ratio of 0.51 for Q1 2026, down 51.8% on a YoY basis from 1.07 in Q1 2025, and down 4.84% sequentially from 0.54 in Q4 2025.
JinkoSolar Holding (JKS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
JinkoSolar Holding (JKS) has 17 years of Asset Utilization Ratio data on file, last reported at 0.51 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 51.8% year-over-year to 0.51; the trailing twelve-month figure through Mar 2026 stood at 0.51 (down 51.8% YoY), and the FY2025 full-year result was 0.55, down 24.4% from the prior year.
- Asset Utilization Ratio eased to 0.51 in Q1 2026, from 0.54 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.34 in Q3 2023 to a low of 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.
- Across the five-year window, Asset Utilization Ratio soared 99.51% in 2023 and slumped 52.26% in 2025, its largest moves.
- Tracing JKS's Asset Utilization Ratio over 5 years: stood at 0.79 in 2022, then soared by 66.96% to 1.32 in 2023, then fell by 17.81% to 1.09 in 2024, then plunged by 50.31% to 0.54 in 2025, then declined by 4.84% to 0.51 in 2026.
- Business Quant data shows JKS's Asset Utilization Ratio at 0.51 in Q1 2026, 0.54 in Q4 2025, and 0.56 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 0.45 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 0.51 |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 0.14 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 0.55 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 0.74 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.82 |
| 10 | Toyo | 182.74 Mn | 106.10 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 |