JinkoSolar Holding Company Limited (JKS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, JinkoSolar Holding Company Limited (JKS) has a cash flow conversion efficiency ratio of -0.280x as of March 2023. 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 ($-8.08 Billion) by net assets ($28.88 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of JinkoSolar Holding Company Limited to measure how much of total assets are equity-financed.
JinkoSolar Holding Company Limited - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how JinkoSolar Holding Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check JinkoSolar Holding Company Limited (JKS) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
JinkoSolar Holding Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of JinkoSolar Holding Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ASRock Inc
TW:3515
|
-0.037x |
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
N/A |
|
KRN Heat Exchanger and Refrigeration
NSE:KRN
|
0.107x |
|
Hunan Tyen Machinery Co Ltd A
SHG:600698
|
-0.044x |
|
ProFrac Holding Corp.
NASDAQ:ACDC
|
0.001x |
|
IRPC Public Company Limited
BK:IRPC-R
|
0.028x |
|
Shenzhen INVT Electric Co Ltd
SHE:002334
|
0.060x |
|
Cathay Real Estate Development Co Ltd
TW:2501
|
0.003x |
Annual Cash Flow Conversion Efficiency for JinkoSolar Holding Company Limited (2007–2024)
The table below shows the annual cash flow conversion efficiency of JinkoSolar Holding Company Limited from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see JKS company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $34.24 Billion | $16.85 Billion | 0.492x | +19.38% |
| 2023-12-31 | $33.53 Billion | $13.83 Billion | 0.412x | +291.93% |
| 2022-12-31 | $27.00 Billion | $-5.80 Billion | -0.215x | -812.67% |
| 2021-12-31 | $14.29 Billion | $430.65 Million | 0.030x | -33.80% |
| 2020-12-31 | $12.99 Billion | $591.49 Million | 0.046x | -59.84% |
| 2019-12-31 | $12.44 Billion | $1.41 Billion | 0.113x | +55.98% |
| 2018-12-31 | $8.45 Billion | $614.55 Million | 0.073x | +374.58% |
| 2017-12-31 | $6.69 Billion | $-177.09 Million | -0.026x | +90.51% |
| 2016-12-31 | $6.46 Billion | $-1.80 Billion | -0.279x | -190.70% |
| 2015-12-31 | $4.35 Billion | $1.34 Billion | 0.308x | +481.10% |
| 2014-12-31 | $3.53 Billion | $187.07 Million | 0.053x | -82.88% |
| 2013-12-31 | $2.02 Billion | $625.09 Million | 0.309x | -40.66% |
| 2012-12-31 | $1.37 Billion | $716.25 Million | 0.521x | +289.77% |
| 2011-12-31 | $2.91 Billion | $-798.13 Million | -0.275x | -417.78% |
| 2010-12-31 | $2.67 Billion | $230.41 Million | 0.086x | +152.81% |
| 2009-12-31 | $466.08 Million | $-76.30 Million | -0.164x | +73.79% |
| 2008-12-31 | $390.35 Million | $-243.83 Million | -0.625x | -3392.94% |
| 2007-12-31 | $186.69 Million | $3.54 Million | 0.019x | -- |
About JinkoSolar Holding Company Limited
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