JinkoSolar Holding (JKS) Debt Ratio (2009 - 2026)
JinkoSolar Holding (JKS) reported Debt Ratio of 0.15 for Q1 2026, down 18.35% on a YoY basis from 0.19 in Q1 2025, and down 36.59% sequentially from 0.24 in Q4 2025.
JinkoSolar Holding (JKS) Debt Ratio (2009 - 2026) Analysis & Trends
JinkoSolar Holding (JKS) has 18 years of Debt Ratio data on file, last reported at 0.15 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 18.35% year-over-year to 0.15; the trailing twelve-month figure through Mar 2026 stood at 0.15 (down 18.35% YoY), and the FY2025 full-year result was 0.24, up 41.31% from the prior year.
- Debt Ratio slipped to 0.15 in Q1 2026, from 0.24 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.27 in Q1 2022 to a low of 0.01 in Q4 2022.
- A 5-year average of 0.14 and a median of 0.14 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio plunged 96.7% in 2022 and surged 2029.42% in 2024, its largest moves.
- Tracing JKS's Debt Ratio over 5 years: stood at 0.01 in 2022, then surged by 30.08% to 0.01 in 2023, then surged by 2029.42% to 0.17 in 2024, then surged by 42.04% to 0.24 in 2025, then plunged by 36.59% to 0.15 in 2026.
- Business Quant data shows JKS's Debt Ratio at 0.15 in Q1 2026, 0.24 in Q4 2025, and 0.16 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 0.03 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 0.21 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 0.15 |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 0.02 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 0.18 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 0.55 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.45 |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.15 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.16 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.34 |
| Jun 30, 2021 | 0.31 |