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| Date | Value |
|---|---|
| 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 |