JinkoSolar (JKS) Revenue & Revenue Breakdown


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JinkoSolar Revenue Highlights


Latest Revenue (Y)

$118.68B

Latest Revenue (Q)

$23.04B

Main Segment (Y)

Sales of Solar Modules

Main Geography (Y)

China

JinkoSolar Revenue by Period


JinkoSolar Revenue by Year

DateRevenueChange
2023-12-31$118.68B42.77%
2022-12-31$83.13B103.61%
2021-12-31$40.83B16.22%
2020-12-31$35.13B18.10%
2019-12-31$29.75B18.78%
2018-12-31$25.04B-5.40%
2017-12-31$26.47B23.70%
2016-12-31$21.40B38.48%
2015-12-31$15.45B58.65%
2014-12-31$9.74B37.61%
2013-12-31$7.08B47.64%
2012-12-31$4.79B-35.07%
2011-12-31$7.38B58.65%
2010-12-31$4.65B196.89%
2009-12-31$1.57B-28.20%
2008-12-31$2.18B207.92%
2007-12-31$709.15M-

JinkoSolar generated $118.68B in revenue during NA 2023, up 42.77% compared to the previous quarter, and up 473.91% compared to the same period a year ago.

JinkoSolar Revenue by Quarter

DateRevenueChange
2024-03-31$23.04B-29.81%
2023-12-31$32.83B3.13%
2023-09-30$31.83B3.75%
2023-06-30$30.69B31.53%
2023-03-31$23.33B-22.24%
2022-12-31$30.00B53.70%
2022-09-30$19.52B3.60%
2022-06-30$18.84B27.61%
2022-03-31$14.76B-9.90%
2021-12-31$16.39B91.22%
2021-09-30$8.57B8.09%
2021-06-30$7.93B-0.16%
2021-03-31$7.94B-15.75%
2020-12-31$9.42B7.46%
2020-09-30$8.77B3.78%
2020-06-30$8.45B-0.39%
2020-03-31$8.48B-10.97%
2019-12-31$9.53B27.37%
2019-09-30$7.48B8.23%
2019-06-30$6.91B18.74%
2019-03-31$5.82B-24.59%
2018-12-31$7.72B15.32%
2018-09-30$6.69B10.46%
2018-06-30$6.06B32.71%
2018-03-31$4.57B-28.11%
2017-12-31$6.35B-1.04%
2017-09-30$6.42B-18.99%
2017-06-30$7.92B37.17%
2017-03-31$5.78B12.80%
2016-12-31$5.12B-3.93%
2016-09-30$5.33B-5.92%
2016-06-30$5.67B3.66%
2016-03-31$5.47B-10.00%
2015-12-31$6.07B49.89%
2015-09-30$4.05B26.62%
2015-06-30$3.20B16.42%
2015-03-31$2.75B-7.47%
2014-12-31$2.97B16.00%
2014-09-30$2.56B5.31%
2014-06-30$2.43B20.79%
2014-03-31$2.01B-7.97%
2013-12-31$2.19B11.49%
2013-09-30$1.96B11.20%
2013-06-30$1.76B51.70%
2013-03-31$1.16B-0.32%
2012-12-31$1.17B-12.21%
2012-09-30$1.33B7.39%
2012-06-30$1.24B16.78%
2012-03-31$1.06B100.00%
2011-12-31--100.00%
2011-09-30$1.78B-21.40%
2011-06-30$2.27B5.92%
2011-03-31$2.14B-7.62%
2010-12-31$2.32B61.02%
2010-09-30$1.44B59.70%
2010-06-30$900.62M64.09%
2010-03-31$548.87M148.10%
2009-06-30$221.23M-

JinkoSolar generated $23.04B in revenue during Q1 2024, up -29.81% compared to the previous quarter, and up 76.81% compared to the same period a year ago.

JinkoSolar Revenue Breakdown


JinkoSolar Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Sales of Solar Modules$114.38B$80.22B---
Sales of Solar Cells$1.60B$1.02B---
Sales of Silicon Wafers$283.56M$466.55M---
Sales of Solar Projects$41.98M$31.40M---
Revenue From Generated Electricity-$47.00M---
Processing Service Fees-----
Sales of Other Solar Materials-$1.38B---
Sales of other solar materials--$1.04B--
Sales of silicon wafers--$1.15B--
Sales of solar modules--$37.74B--
Sales of solar projects-----
Revenue from generated electricity--$100.70M--
Sales of solar cells--$606.58M--
Processing service fees--$186.05M--
Sales Of Solar Projects---$1.20B-
Silicon Wafers---$452.14M$913.70M
Solar Cells---$344.51M$282.41M
Solar Modules---$32.56B$28.50B
Generated Electricity---$100.52M$50.05M
Other Solar Material---$478.18M-

JinkoSolar's latest annual revenue breakdown by segment (product or service), as of Dec 23: Sales of Solar Modules (98.35%), Sales of Solar Cells (1.37%), Sales of Silicon Wafers (0.24%), and Sales of Solar Projects (0.04%).

Quarterly Revenue by Product

Product/ServiceDec 20Sep 20
Generated Electricity$30.69M$69.83M
Silicon Wafers$137.68M$314.46M
Solar Cells$134.62M$209.89M
Solar Modules$8.64B$23.91B
Sales Of Solar Projects-$1.20B

JinkoSolar's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Solar Modules (96.61%), Silicon Wafers (1.54%), Solar Cells (1.50%), and Generated Electricity (0.34%).

JinkoSolar Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
North America$10.46B$3.73B$6.62B$10.10B$7.55B
Asia Pacific$19.43B$11.27B$10.24B$9.60B$7.30B
Rest of the world$21.64B$13.65B$6.35B--
China$45.42B$34.84B$10.13B--
Europe$21.73B$19.64B$7.48B$4.64B$5.20B
Rest Of World---$4.41B$4.49B
C---$6.37B$5.20B

JinkoSolar's latest annual revenue breakdown by geography, as of Dec 23: China (38.27%), Europe (18.31%), Rest of the world (18.23%), Asia Pacific (16.37%), and North America (8.82%).

Quarterly Revenue by Country

CountryDec 20Sep 20
Solar Cells$134.62M-
North America$2.02B$8.08B
Rest Of World$893.10M$3.52B
Solar Modules$8.64B-
Asia Pacific$3.84B$5.76B
C$1.72B$4.65B
Europe$947.94M$3.70B
Generated Electricity$30.69M-
Sales Of Solar Projects--
Silicon Wafers$137.68M-

JinkoSolar's latest quarterly revenue breakdown by geography, as of Dec 20: Solar Modules (47.05%), Asia Pacific (20.92%), North America (11.00%), C (9.36%), Europe (5.16%), Rest Of World (4.86%), Silicon Wafers (0.75%), Solar Cells (0.73%), and Generated Electricity (0.17%).

JinkoSolar Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JKSJinkoSolar$118.68B$23.04B
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$4.21B$887.67M
NXTNextracker$2.50B$679.36M
ENPHEnphase Energy$2.29B$356.08M
RUNSunrun$2.04B$537.17M
MAXNMaxeon Solar$1.12B$187.46M
SEDGSolarEdge$901.46M$265.40M
NOVASunnova Energy$839.92M$235.29M

JKS Revenue FAQ


What is JinkoSolar’s yearly revenue?

JinkoSolar's yearly revenue for 2023 was $118.68B, representing an increase of 42.77% compared to 2022. The company's yearly revenue for 2022 was $83.13B, representing an increase of 103.61% compared to 2021. JKS's yearly revenue for 2021 was $40.83B, representing an increase of 16.22% compared to 2020.

What is JinkoSolar’s quarterly revenue?

JinkoSolar's quarterly revenue for Q1 2024 was $23.04B, a -29.81% decrease from the previous quarter (Q4 2023), and a -1.22% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $32.83B, a 3.13% increase from the previous quarter (Q3 2023), and a 9.43% increase year-over-year (Q4 2022). JKS's quarterly revenue for Q3 2023 was $31.83B, a 3.75% increase from the previous quarter (Q2 2023), and a 63.09% increase year-over-year (Q3 2022).

What is JinkoSolar’s revenue growth rate?

JinkoSolar's revenue growth rate for the last 3 years (2021-2023) was 190.69%, and for the last 5 years (2019-2023) was 298.97%.

What are JinkoSolar’s revenue streams?

JinkoSolar's revenue streams in c 23 are Sales of Solar Modules, Sales of Solar Cells, Sales of Silicon Wafers, and Sales of Solar Projects. Sales of Solar Modules generated $114.38B in revenue, accounting 98.35% of the company's total revenue, up 42.58% year-over-year. Sales of Solar Cells generated $1.6B in revenue, accounting 1.37% of the company's total revenue, up 55.99% year-over-year. Sales of Silicon Wafers generated $283.56M in revenue, accounting 0.24% of the company's total revenue, down -39.22% year-over-year. Sales of Solar Projects generated $41.98M in revenue, accounting 0.04% of the company's total revenue, up 33.70% year-over-year.

What is JinkoSolar’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of JinkoSolar was Sales of Solar Modules. This segment made a revenue of $114.38B, representing 98.35% of the company's total revenue.