JinkoSolar Holding (JKS) Debt to Equity (2009 - 2025)
JinkoSolar Holding's (JKS) quarterly Debt to Equity came in at $1.16 in Q4 2025, up 11.83% year-on-year from $1.04 in Q4 2024, and up 11.83% quarter-over-quarter from $1.04 in Q4 2024.
JinkoSolar Holding (JKS) Debt to Equity (2009 - 2025) Analysis & Trends
JinkoSolar Holding has disclosed Debt to Equity across 17 years of filings, most recently posting $1.16 for Q4 2025.
- Debt to Equity for Q4 2025 came in at $1.16, up 11.83% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.16 (up 11.83% YoY), and the FY2025 annual result was $0.69, down 33.37% from the prior year.
- Debt to Equity came in at $1.16 for Q4 2025 at JinkoSolar Holding, up from $1.04 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.16 in Q4 2025 to a low of $0.36 in Q4 2023.
- The 5-year median for Debt to Equity is $0.65 (2021), against an average of $0.72.
- Across the five-year window, Debt to Equity tumbled 30.06% in 2022 and surged 189.67% in 2024, its largest moves.
- JinkoSolar Holding's Debt to Equity stood at $0.69 in 2021, then sank by 30.06% to $0.48 in 2022, then retreated by 26.02% to $0.36 in 2023, then jumped by 189.67% to $1.04 in 2024, then grew by 11.83% to $1.16 in 2025.
- The last three Debt to Equity figures came in at $1.16 (Q4 2025), $1.04 (Q4 2024), and $0.6 (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.52 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.13 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.30 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -3.11 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.16 |
| Dec 31, 2024 | 1.04 |
| Sep 30, 2024 | 0.60 |
| Dec 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.69 |
| Dec 31, 2020 | 0.70 |
| Dec 31, 2019 | 0.13 |
| Dec 31, 2018 | 0.23 |
| Dec 31, 2017 | 0.98 |
| Dec 31, 2016 | 0.82 |
| Dec 31, 2015 | 0.33 |
| Dec 31, 2014 | 0.28 |
| Dec 31, 2013 | 0.18 |
| Jun 30, 2013 | 0.29 |
| Dec 31, 2012 | 1.40 |
| Dec 31, 2011 | 0.68 |
| Dec 31, 2010 | 0.11 |
| Dec 31, 2009 | 0.88 |