$8.36

+0.19 (+2.33%)

Weekly Expected Move ±5.5%

$7 $8 $8 $9 $9

NYSE · Energy · Solar · Tech Score Sell · Power 36 · $109.5M mcap · 13M float · 5.79% daily turnover · Short 59% of daily vol

Credit Risk of going bust: not rated, debt is over 20 times the stock's value Debt: 98.6% of company value Bonds: none of note held by US funds details ▾

Not rated: debt is over 20 times the stock market value, where the model breaks down (deep distress or a data error). Altman Z'' 0.22.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$92.3B -22.3% ▼

5Y CAGR: +25.4%

Gross Profit

$10.1B -47.2% ▼

5Y CAGR: +13.1%

Operating Income

-$3.3B -154.9% ▼

Net Income

$55M -98.4% ▼

5Y CAGR: -42.9%

EPS (Diluted)

$-20.24 -108.3% ▼

EBITDA

$9.2B -45.3% ▼

5Y CAGR: +27.0%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$35.1B	$40.8B	$83.1B	$118.7B	$92.3B
YoY Growth	+18.1%	+16.2%	+103.6%	+42.8%	-22.3%
Cost of Revenue	$29.0B	$34.2B	$70.8B	$99.6B	$82.2B
Gross Profit	$6.2B	$6.7B	$12.3B	$19.0B	$10.1B
Gross Margin	17.6%	16.3%	14.8%	16.0%	10.9%
R&D Expenses	$389M	$462M	$725M	$912M	$921M
SG&A Expenses	$3.9B	$4.8B	$10.8B	$11.4B	$11.2B
Operating Expenses	$4.4B	$5.6B	$11.8B	$13.0B	$13.4B
Operating Income	$1.8B	$1.1B	$429M	$6.1B	-$3.3B
Operating Margin	5.1%	2.7%	0.5%	5.1%	-3.6%
Interest Expense	$639M	$827M	$1.1B	$1.2B	$1.2B
Income Before Tax	$514M	$1.1B	$2.2B	$7.7B	$83M
Tax Expense	$178M	$194M	$605M	$1.3B	$69M
Net Income	$230M	$721M	$621M	$3.4B	$55M
Net Margin	0.7%	1.8%	0.7%	2.9%	0.1%
EPS (Diluted)	$20.60	$32.16	$49.60	$243.68	$-20.24
EBITDA	$2.6B	$3.7B	$5.8B	$16.9B	$9.2B
Shares Outstanding	11M	13M	13M	14M	13M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$24.1B	$24.5B	$20.7B	$13.8B	$16.2B	$17.5B	$12.2B	$12.3B
Cost of Revenue	$21.4B	$20.7B	$19.9B	$14.2B	$15.0B	$17.5B	$11.2B	$11.8B
Gross Profit	$2.7B	$3.9B	$790M	-$353M	$1.2B	$55M	$1.0B	$512M
Gross Margin	11.1%	15.7%	3.8%	-2.5%	7.3%	0.3%	8.3%	4.2%
R&D Expenses	$215M	$209M	$256M	$152M	$256M	$234M	$228M	$231M
SG&A Expenses	$2.9B	$3.3B	$2.1B	$2.4B	$1.8B	$2.0B	$1.4B	$1.7B
Operating Expenses	$3.8B	$3.8B	$2.7B	$2.5B	$2.6B	$2.0B	$1.3B	$1.9B
Operating Income	-$1.1B	$76M	-$1.9B	-$2.9B	-$1.4B	-$1.9B	-$256M	-$1.4B
Operating Margin	-4.7%	0.3%	-9.4%	-20.7%	-8.7%	-11.0%	-2.1%	-11.5%
Interest Expense	$214M	$294M	$353M	$341M	$327M	$354M	$381M	$386M
Income Before Tax	-$95M	$154M	-$1.4B	-$2.8B	-$1.3B	-$3.6B	-$1.3B	-$1.4B
Tax Expense	$25M	$148M	-$581M	-$699M	-$192M	-$1.0B	-$379M	-$163M
Net Income	-$101M	$23M	-$477M	-$1.3B	-$750M	-$1.5B	-$464M	-$695M
Net Margin	-0.4%	0.1%	-2.3%	-9.5%	-4.6%	-8.6%	-3.8%	-5.6%
EPS (Diluted)	$-7.68	$1.76	$-62.04	$-102.32	$-57.28	$-114.60	$-35.40	$-52.68
EBITDA	$186M	$459M	-$947M	-$2.4B	-$981M	-$3.2B	-$825M	-$1.4B
Shares Outstanding	13M	13M	13M	13M	13M	13M	13M	13M

JKS NYSE