JinkoSolar Holding Company Limited (JKS) — Tangible Net Worth Ratio
JinkoSolar Holding Company Limited (JKS) has a Tangible Net Worth Ratio of 92.4% as of September 2025. This metric is calculated by deducting intangible assets ($2.28 Billion) from net assets ($30.12 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore JinkoSolar Holding Company Limited annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
JinkoSolar Holding Company Limited Tangible Net Worth Ratio (2007–2024)
This chart shows how JinkoSolar Holding Company Limited's Tangible Net Worth Ratio has changed across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 92.4%, reflecting net assets of $30.12 Billion with intangible assets of $2.28 Billion USD. For live market cap and overall valuation, see JKS market cap.
Annual Tangible Net Worth Ratio for JinkoSolar Holding Company Limited (2007–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for JinkoSolar Holding Company Limited from 2007 to 2024, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore JKS capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.3% | $34.24 Billion | $2.30 Billion | $124.88 Billion | ▲ +0.4 pp |
| 2023 | 92.9% | $33.53 Billion | $2.39 Billion | $135.83 Billion | ▼ -1.5 pp |
| 2022 | 94.4% | $27.00 Billion | $1.51 Billion | $108.66 Billion | ▲ +2.4 pp |
| 2021 | 92.0% | $14.29 Billion | $1.15 Billion | $72.98 Billion | ▼ -1.9 pp |
| 2020 | 93.9% | $12.99 Billion | $796.80 Million | $53.23 Billion | ▼ -1.0 pp |
| 2019 | 94.9% | $12.44 Billion | $634.32 Million | $47.84 Billion | ▲ +2.1 pp |
| 2018 | 92.8% | $8.45 Billion | $610.31 Million | $35.85 Billion | ▲ +0.2 pp |
| 2017 | 92.6% | $6.69 Billion | $495.01 Million | $28.64 Billion | ▼ -0.1 pp |
| 2016 | 92.7% | $6.46 Billion | $471.24 Million | $26.09 Billion | ▲ +1.2 pp |
| 2015 | 91.5% | $4.35 Billion | $370.39 Million | $27.14 Billion | ▲ +2.9 pp |
| 2014 | 88.6% | $3.53 Billion | $404.27 Million | $19.08 Billion | ▲ +7.3 pp |
| 2013 | 81.3% | $2.02 Billion | $377.85 Million | $10.61 Billion | ▲ +8.4 pp |
| 2012 | 72.9% | $1.37 Billion | $372.12 Million | $8.37 Billion | ▼ -14.1 pp |
| 2011 | 87.1% | $2.91 Billion | $375.94 Million | $9.18 Billion | ▼ -3.1 pp |
| 2010 | 90.1% | $2.67 Billion | $262.81 Million | $5.88 Billion | ▲ +39.2 pp |
| 2009 | 50.9% | $466.08 Million | $228.66 Million | $2.24 Billion | ▼ -6.7 pp |
| 2008 | 57.6% | $390.35 Million | $165.51 Million | $1.28 Billion | ▼ -38.7 pp |
| 2007 | 96.3% | $186.69 Million | $6.96 Million | $559.28 Million | — |