JinkoSolar Holding (JKS) Other Working Capital Changes (2012 - 2020)
JinkoSolar Holding (JKS) posted Other Working Capital Changes of $23.3 million for Q4 2020, up 82.86% sequentially from $12.7 million in Q4 2019, and up 82.86% YoY from $12.7 million in Q1 2020.
JinkoSolar Holding (JKS) Other Working Capital Changes (2012 - 2020) Analysis & Trends
JinkoSolar Holding has reported Other Working Capital Changes for 6 years, with the latest figure at $23.3 million in Q4 2020.
- Quarterly Other Working Capital Changes rose 82.86% year-over-year to $23.3 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was -$41.2 million (down 11.74% YoY) and the FY2021 annual result came in at $31.4 million, up 111.42% from the prior year.
- Other Working Capital Changes rose to $23.3 million in Q4 2020 per JKS's latest filing, from $12.7 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $168.3 million in Q4 2020 and troughed at -$13.3 million in Q4 2019.
- A 4-year average of $52.2 million and a median of $11.9 million in 2016 frame the typical range for Other Working Capital Changes.
- The sharpest annual moves came in 2017 and 2020: Other Working Capital Changes slumped 316.99% in 2017, then jumped 82.86% in 2020.
- Over 4 years, Other Working Capital Changes stood at $27.6 million in 2016, then plunged by 281.07% to -$50.0 million in 2017, then surged by 125.46% to $12.7 million in 2019, then soared by 82.86% to $23.3 million in 2020.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $23.3 million, $12.7 million, and -$50.0 million for Q4 2020, Q4 2019, and Q4 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 168.34 Mn |
| Dec 31, 2020 | 168.34 Mn |
| Dec 31, 2020 | 168.34 Mn |
| Dec 31, 2019 | -13.29 Mn |
| Dec 31, 2019 | -13.29 Mn |
| Dec 31, 2019 | -13.29 Mn |
| Dec 31, 2017 | 27.14 Mn |
| Dec 31, 2017 | 27.14 Mn |
| Dec 31, 2017 | 27.14 Mn |
| Sep 30, 2017 | 142.10 Mn |
| Sep 30, 2017 | 142.10 Mn |
| Sep 30, 2017 | 142.10 Mn |
| Dec 31, 2016 | -7.85 Mn |
| Dec 31, 2016 | -7.85 Mn |
| Dec 31, 2016 | -7.85 Mn |
| Sep 30, 2016 | -3.29 Mn |
| Sep 30, 2016 | -3.29 Mn |
| Sep 30, 2016 | -3.29 Mn |
| Dec 31, 2013 | 30.50 Mn |
| Dec 31, 2013 | 30.50 Mn |