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.
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. Read JinkoSolar Holding Company Limited total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Eit Environmental Development Group
SHE:300815
|
0.034x |
|
PT Bank SMBC Indonesia Tbk
JK:BTPN
|
-0.083x |
|
Bio-Thera Solutions Ltd
SHG:688177
|
-0.124x |
|
Bilia AB (publ)
ST:BILI-A
|
0.122x |
|
RES.MINING UNSP.ADR/10
F:RSM0
|
N/A |
|
Taysha Gene Therapies Inc
NASDAQ:TSHA
|
-0.110x |
|
Guild Holdings Co
NYSE:GHLD
|
0.064x |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
0.029x |
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 how much is JinkoSolar Holding Company Limited 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