--- 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: "2026-05-20T15:58:00.780Z" 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 |