JinkoSolar Holding (JKS) Tax Rate (2009 - 2026)
JinkoSolar Holding (JKS) posted Tax Rate of 31.47% for Q1 2026, down 207.23% sequentially from 29.35% in Q4 2025, and down 566.0% YoY from 6.75% in Q1 2025.
JinkoSolar Holding (JKS) Tax Rate (2009 - 2026) Analysis & Trends
JinkoSolar Holding has reported Tax Rate for 18 years, with the latest figure at 31.47% in Q1 2026.
- Quarterly Tax Rate fell 566.0% year-over-year to 31.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 351.97% (down 32793.0% YoY) and the FY2025 annual result came in at 24.18%, down 253.0% from the prior year.
- Tax Rate retreated to 31.47% in Q1 2026 per JKS's latest filing, from 29.35% in the prior quarter.
- Over five years, Tax Rate peaked at 91.62% in Q2 2024 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 10431 bps in 2024, then tumbled 10946 bps in 2025.
- Over 5 years, Tax Rate stood at 23.56% in 2022, then tumbled by 64 bps to 38.54% in 2023, then dropped by 17 bps to 45.02% in 2024, then surged by 165 bps to 29.35% in 2025, then plunged by 207 bps to 31.47% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 31.47%, 29.35%, and 14.66% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 23.33% |
| 10 | Toyo | 181.99 Mn | 105.35 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% |