JinkoSolar Holding Company Limited Cash Flow Conversion Efficiency
JinkoSolar Holding Company Limited 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.
Cash Flow Conversion Efficiency of JinkoSolar Holding Company Limited (2007–2024)
Cash flow conversion efficiency of JinkoSolar Holding Company Limited from 2007 to 2024. This chart illustrates how JinkoSolar Holding Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View JinkoSolar Holding Company Limited stock price for real-time trading data and today's change.
JinkoSolar Holding Company Limited Cash Flow Conversion Ratio Explained
JinkoSolar Holding Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see how much is JinkoSolar Holding Company Limited worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Northern United Publishing & Media Group Co Ltd
SHG:601999
|
-0.032x |
|
RaySearch Laboratories AB (publ)
ST:RAY-B
|
0.169x |
|
MERSEN UNSP.ADR 1/5 EO 2
F:CBE0
|
N/A |
|
Indointernet Tbk PT
JK:EDGE
|
0.095x |
|
Hebei Jianxin Chemical Co Ltd
SHE:300107
|
0.002x |
|
Orthopediatrics Corp
NASDAQ:KIDS
|
0.003x |
|
Tuas Ltd
AU:TUA
|
0.088x |
|
Rio2 Ltd
V:RIO
|
-0.051x |
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. Review JinkoSolar Holding Company Limited free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| 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