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
DateValue
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