---
title: "Jinko Solar (688223.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688223.SH/norm.md"
symbol: "688223.SH"
name: "Jinko Solar"
parent: "https://longbridge.com/en/quote/688223.SH.md"
datetime: "2026-05-20T10:34:49.848Z"
locales:
  - [en](https://longbridge.com/en/quote/688223.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688223.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688223.SH/norm.md)
---

# Jinko Solar (688223.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.1300 | -0.3041 | -0.1002 | -0.1499 | -0.1400 |
| ROE | -21.11% | -44.06% | -14.00% | -20.14% | -17.58% |
| Revenue | 12.25B | 17.51B | 16.15B | 17.99B | 13.84B |
| Net income | -1.35B | -2.96B | -1.01B | -1.52B | -1.39B |
| Operating income | -269.07M | -3.34B | 500.63M | -2.46B | -1.33B |
| Gross margin | 6.16% | -6.51% | 6.30% | -3.31% | -3.29% |
| Net margin | -11.02% | -16.92% | -6.26% | -8.44% | -10.04% |
| Profit quality | - | -99.91% | 20.26% | - | - |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 121.79B | 117.96B | 117.20B | 119.10B | 119.03B |
| Leverage | 4.25 | 4.39 | 3.92 | 3.86 | 3.67 |
| BVPS | 2.51 | 2.54 | 2.84 | 2.94 | 3.09 |
| Turnover | 0.5306 | 0.5479 | 0.5644 | 0.6325 | 0.6656 |
| Cash & STI | 30.17B | 28.48B | 27.59B | 29.85B | 29.58B |
| Inv & Rec | 17.71B | 14.49B | 14.94B | 12.89B | 13.26B |
| LT assets | 40.03B | 40.43B | 39.84B | 42.09B | 43.98B |
| Net debt | 309.82M | 10.75B | 58.97M | 9.09B | -210.98M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -831.73M | 3.34B | 2.47B | -1.19B | -2.62B |
| Investing CF | -1.85B | -2.46B | -503.94M | -694.36M | -573.37M |
| Financing CF | 3.18B | -2.20B | -3.32B | 1.03B | 3.75B |
| Free CF | 5.44B | 2.46B | 1.14B | -2.48B | -714.41M |
| OCF coverage | -22.92% | 54.94% | -90.71% | -22.99% | -36.86% |
| Repaid & issued | 4.29B | 3.25B | -5.38B | 6.04B | 10.52B |
| CapEx | -1.13B | -837.31M | -726.27M | -722.80M | -565.65M |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.223CNY | 2024-06-06 | 2024-06-07 | 2024-06-07 |
| Cash Dividend: 
0.089CNY | 2023-07-13 | 2023-07-14 | 2023-07-14 |
| Cash Dividend: 
0.023CNY | 2022-06-27 | 2022-06-28 | 2022-06-28 |