JinkoSolar Holding (JKS) Capital Leases (2010 - 2023)

JinkoSolar Holding (JKS) reported Capital Leases of $5.8 million for Q2 2023, down 72.48% on a YoY basis from $21.0 million in Q2 2022, and down 30.1% sequentially from $8.3 million in Q1 2023.

JinkoSolar Holding (JKS) Capital Leases (2010 - 2023) Analysis & Trends

JinkoSolar Holding (JKS) has 7 years of Capital Leases data on file, last reported at $5.8 million in Q2 2023.

  • For the quarter ending Q2 2023, Capital Leases fell 72.48% year-over-year to $5.8 million; the trailing twelve-month figure through Jun 2023 stood at $5.8 million (down 72.48% YoY), and the FY2023 full-year result was $5.6 million, down 73.83% from the prior year.
  • Capital Leases eased to $5.8 million in Q2 2023, from $8.3 million in the prior quarter.
  • In the past five years, Capital Leases ranged from a high of $82.8 million in Q4 2019 to a low of $5.8 million in Q2 2023.
  • A 5-year average of $38.7 million and a median of $39.0 million in 2019 frame the typical range for Capital Leases.
  • Across the five-year window, Capital Leases soared 115.33% in 2020 and tumbled 74.23% in 2023, its largest moves.
  • Tracing JKS's Capital Leases over 5 years: stood at $82.8 million in 2019, then sank by 42.93% to $47.2 million in 2020, then retreated by 21.74% to $37.0 million in 2021, then tumbled by 73.42% to $9.8 million in 2022, then sank by 41.24% to $5.8 million in 2023.
  • Business Quant data shows JKS's Capital Leases at $5.8 million in Q2 2023, $8.3 million in Q1 2023, and $9.8 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 5.77 Mn
Mar 31, 2023 8.26 Mn
Dec 31, 2022 9.83 Mn
Sep 30, 2022 12.33 Mn
Jun 30, 2022 20.98 Mn
Mar 31, 2022 32.05 Mn
Dec 31, 2021 36.97 Mn
Sep 30, 2021 46.48 Mn
Jun 30, 2021 36.80 Mn
Mar 31, 2021 41.38 Mn
Dec 31, 2020 47.24 Mn
Sep 30, 2020 65.09 Mn
Jun 30, 2020 66.69 Mn
Mar 31, 2020 70.94 Mn
Dec 31, 2019 82.79 Mn
Sep 30, 2019 41.16 Mn
Jun 30, 2019 30.97 Mn
Mar 31, 2019 40.99 Mn
Mar 31, 2011 1.53 Mn
Dec 31, 2010 1.50 Mn