Cash Flow Statement
Growth Metrics

JinkoSolar Holding (JKS) Equity Ratio (2009 - 2026)

JinkoSolar Holding recorded quarterly Equity Ratio of 0.22 in Q1 2026, little changed quarter-over-quarter from 0.22 in Q4 2025, and down 12.28% year-over-year from 0.25 in Q1 2025.

JinkoSolar Holding's Equity Ratio history runs 18 years deep, the most recent figure standing at 0.22 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 12.28% year-over-year to 0.22; the TTM figure through Mar 2026 stood at 0.22 (down 12.28% YoY), while the FY2025 annual figure was 0.22, up 34.96% from the prior year.
  • Equity Ratio came in at 0.22 for Q1 2026 at JinkoSolar Holding, roughly flat from 0.22 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.26 in Q1 2022 to a low of 0.16 in Q4 2024.
  • A 5-year average of 0.24 and a median of 0.25 in 2023 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio slumped 35.46% in 2024 and surged 34.96% in 2025, its largest moves.
  • JinkoSolar Holding's Equity Ratio stood at 0.25 in 2022, then declined by 0.66% to 0.25 in 2023, then slumped by 35.46% to 0.16 in 2024, then soared by 34.96% to 0.22 in 2025, then increased by 0.32% to 0.22 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.22, 0.22, and 0.24 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.74
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.57
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.26
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.40
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 0.18
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.15
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.58
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -0.15
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.22
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 0.55

Historic Data

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DateValue
Mar 31, 2026 0.22
Dec 31, 2025 0.22
Sep 30, 2025 0.24
Jun 30, 2025 0.23
Mar 31, 2025 0.25
Dec 31, 2024 0.16
Sep 30, 2024 0.26
Jun 30, 2024 0.26
Mar 31, 2024 0.25
Dec 31, 2023 0.25
Sep 30, 2023 0.26
Jun 30, 2023 0.25
Mar 31, 2023 0.25
Dec 31, 2022 0.25
Sep 30, 2022 0.23
Jun 30, 2022 0.24
Mar 31, 2022 0.26
Dec 31, 2021 0.20
Dec 31, 2020 0.24
Sep 30, 2020 0.25
Dec 31, 2019 0.26
Dec 31, 2018 0.24
Dec 31, 2017 0.23
Sep 30, 2017 0.22
Jun 30, 2017 0.24
Dec 31, 2016 0.25
Dec 31, 2015 0.16
Dec 31, 2014 0.19
Dec 31, 2013 0.19
Sep 30, 2013 0.18
Jun 30, 2013 0.13
Dec 31, 2012 0.16
Dec 31, 2011 0.32
Dec 31, 2010 0.45
Dec 31, 2009 0.21