JinkoSolar Holding (JKS) Exchange Rate Effect (2011 - 2023)
JinkoSolar Holding's (JKS) quarterly Exchange Rate Effect came in at -$4.4 million in Q3 2023, down 116.73% year-on-year from $26.0 million in Q3 2022, and down 110.81% quarter-over-quarter from $40.3 million in Q2 2023.
JinkoSolar Holding (JKS) Exchange Rate Effect (2011 - 2023) Analysis & Trends
JinkoSolar Holding has disclosed Exchange Rate Effect across 13 years of filings, most recently posting -$4.4 million for Q3 2023.
- Exchange Rate Effect for Q3 2023 came in at -$4.4 million, down 116.73% year-over-year; the trailing twelve-month figure through Sep 2023 was $66.9 million (up 50.1% YoY), and the FY2025 annual result was $36.4 million, down 57.88% from the prior year.
- Exchange Rate Effect came in at -$4.4 million for Q3 2023 at JinkoSolar Holding, down from $40.3 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $40.3 million in Q2 2023 to a low of -$28.3 million in Q4 2020.
- The 5-year median for Exchange Rate Effect is $2.4 million (2021), against an average of $3.5 million.
- Across the five-year window, Exchange Rate Effect soared 93893.98% in 2019 and slumped 21169.42% in 2020, its largest moves.
- JinkoSolar Holding's Exchange Rate Effect stood at -$132988.4 in 2019, then slumped by 21169.42% to -$28.3 million in 2020, then surged by 40.47% to -$16.8 million in 2021, then soared by 129.21% to $4.9 million in 2022, then slumped by 188.51% to -$4.4 million in 2023.
- The last three Exchange Rate Effect figures came in at -$4.4 million (Q3 2023), $40.3 million (Q2 2023), and $4.9 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -2.05 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -4.84 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -1.15 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 553,000.00 |
| 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 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -4.35 Mn |
| Sep 30, 2023 | -4.35 Mn |
| Jun 30, 2023 | 40.27 Mn |
| Jun 30, 2023 | 40.27 Mn |
| Dec 31, 2022 | 4.92 Mn |
| Dec 31, 2022 | 4.92 Mn |
| Sep 30, 2022 | 26.03 Mn |
| Sep 30, 2022 | 26.03 Mn |
| Jun 30, 2022 | 32.99 Mn |
| Jun 30, 2022 | 32.99 Mn |
| Dec 31, 2021 | -16.84 Mn |
| Dec 31, 2021 | -16.84 Mn |
| Sep 30, 2021 | 2.36 Mn |
| Sep 30, 2021 | 2.36 Mn |
| Jun 30, 2021 | -9.97 Mn |
| Jun 30, 2021 | -9.97 Mn |
| Mar 31, 2021 | 13.58 Mn |
| Mar 31, 2021 | 13.58 Mn |
| Dec 31, 2020 | -28.29 Mn |
| Dec 31, 2020 | -28.29 Mn |