JinkoSolar Holding Co. Ltd (ZJS1) - Cash Flow Conversion Efficiency
Based on the latest financial reports, JinkoSolar Holding Co. Ltd (ZJS1) has a cash flow conversion efficiency ratio of 0.175x as of December 2020. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€2.28 Billion ≈ $2.66 Billion USD) by net assets (€12.99 Billion ≈ $15.19 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
JinkoSolar Holding Co. Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how JinkoSolar Holding Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of JinkoSolar Holding Co. Ltd for a breakdown of total debt and financial obligations.
JinkoSolar Holding Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of JinkoSolar Holding Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guangxi Wuzhou Zhongheng Group Co Ltd
SHG:600252
|
-0.011x |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346
|
0.039x |
|
Teladoc Inc
NYSE:TDOC
|
0.071x |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
0.002x |
|
Nuvoco Vistas Corporation Limited
NSE:NUVOCO
|
0.064x |
|
ZJMI Environmental Energy Co. Ltd.
SHG:603071
|
N/A |
|
Ningbo Henghe Mould Co Ltd
SHE:300539
|
0.017x |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
0.005x |
Annual Cash Flow Conversion Efficiency for JinkoSolar Holding Co. Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of JinkoSolar Holding Co. Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see JinkoSolar Holding Co. Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €34.24 Billion ≈ $40.03 Billion |
€16.85 Billion ≈ $19.70 Billion |
0.492x | +19.38% |
| 2023-12-31 | €33.53 Billion ≈ $39.20 Billion |
€13.83 Billion ≈ $16.16 Billion |
0.412x | +292.35% |
| 2022-12-31 | €27.06 Billion ≈ $31.64 Billion |
€-5.80 Billion ≈ $-6.78 Billion |
-0.214x | -811.14% |
| 2021-12-31 | €14.29 Billion ≈ $16.70 Billion |
€430.65 Million ≈ $503.47 Million |
0.030x | -33.80% |
| 2020-12-31 | €12.99 Billion ≈ $15.19 Billion |
€591.49 Million ≈ $691.51 Million |
0.046x | -59.84% |
| 2019-12-31 | €12.44 Billion ≈ $14.54 Billion |
€1.41 Billion ≈ $1.65 Billion |
0.113x | +55.98% |
| 2018-12-31 | €8.45 Billion ≈ $9.88 Billion |
€614.55 Million ≈ $718.47 Million |
0.073x | +374.58% |
| 2017-12-31 | €6.69 Billion ≈ $7.82 Billion |
€-177.09 Million ≈ $-207.04 Million |
-0.026x | +90.51% |
| 2016-12-31 | €6.46 Billion ≈ $7.55 Billion |
€-1.80 Billion ≈ $-2.11 Billion |
-0.279x | -- |
About JinkoSolar Holding Co. Ltd
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well a… Read more