JinkoSolar Holding (JKS) Tax Rate (2010 - 2026)
JinkoSolar Holding (JKS) reported Tax Rate of 31.47% for Q1 2026, down 566.0% on a YoY basis from 6.75% in Q1 2025, and down 207.23% sequentially from 29.35% in Q4 2025.
JinkoSolar Holding (JKS) Tax Rate (2010 - 2026) Analysis & Trends
JinkoSolar Holding (JKS) has 17 years of Tax Rate data on file, last reported at 31.47% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 566.0% year-over-year to 31.47%; the trailing twelve-month figure through Mar 2026 stood at 351.97% (down 32793.0% YoY), and the FY2025 full-year result was 24.18%, down 253.0% from the prior year.
- Tax Rate retreated to 31.47% in Q1 2026, from 29.35% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 91.62% in Q2 2024 to a low of 45.02% in Q4 2024.
- A 5-year average of 12.15% and a median of 20.6% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 10431 bps in 2024 and sank 10946 bps in 2025, its largest moves.
- Tracing JKS's Tax Rate over 5 years: stood at 23.56% in 2022, then plunged by 64 bps to 38.54% in 2023, then retreated by 17 bps to 45.02% in 2024, then surged by 165 bps to 29.35% in 2025, then sank by 207 bps to 31.47% in 2026.
- Business Quant data shows JKS's Tax Rate at 31.47% in Q1 2026, 29.35% in Q4 2025, and 14.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | -16.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -31.47% |
| Mar 31, 2026 | -31.47% |
| Mar 31, 2026 | -31.47% |
| Dec 31, 2025 | 29.35% |
| Dec 31, 2025 | 29.35% |
| Dec 31, 2025 | 29.35% |
| Sep 30, 2025 | -14.66% |
| Sep 30, 2025 | -14.66% |
| Sep 30, 2025 | -14.66% |
| Jun 30, 2025 | -17.84% |
| Jun 30, 2025 | -17.84% |
| Jun 30, 2025 | -17.84% |
| Mar 31, 2025 | -25.81% |
| Mar 31, 2025 | -25.81% |
| Mar 31, 2025 | -25.81% |
| Dec 31, 2024 | -45.02% |
| Dec 31, 2024 | -45.02% |
| Dec 31, 2024 | -45.02% |
| Sep 30, 2024 | -41.81% |
| Sep 30, 2024 | -41.81% |