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
DateValue
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