Jinkosolar Holding Stock Cash And Equivalents

JKS Stock

USD 22.58 0.75 3.44%

JinkoSolar Holding fundamentals help investors to digest information that contributes to JinkoSolar Holding's financial success or failures. It also enables traders to predict the movement of JinkoSolar Stock. The fundamental analysis module provides a way to measure JinkoSolar Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to JinkoSolar Holding stock.

		Last Reported	Projected for Next Year
	Cash And Equivalents	11.9 B	6.2 B

Cash And Equivalents is likely to drop to about 6.2 B in 2024.

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JinkoSolar Holding Company Cash And Equivalents Analysis

JinkoSolar Holding's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current JinkoSolar Holding Cash And Equivalents

10.37 B

Most of JinkoSolar Holding's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JinkoSolar Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

JinkoSolar Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for JinkoSolar Holding is extremely important. It helps to project a fair market value of JinkoSolar Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since JinkoSolar Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of JinkoSolar Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of JinkoSolar Holding's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Long Term Debt	Short Term Investments	Property Plant Equipment	Good Will	Treasury Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.99	0.96	0.98	0.97	1.0	1.0	0.62	0.98	0.73	0.81	0.97	0.43	0.99	-0.29	-0.84	0.96	0.95	0.97	0.98	0.99	0.85	0.91	0.69	0.95
Total Stockholder Equity	0.99		0.98	0.98	0.97	0.96	0.99	0.99	0.66	0.96	0.78	0.78	0.94	0.42	0.98	-0.34	-0.85	0.98	0.91	0.97	0.95	0.99	0.83	0.88	0.68	0.93
Net Debt	0.99	0.98		0.95	0.95	0.95	0.99	0.99	0.71	0.96	0.78	0.74	0.99	0.36	0.99	-0.32	-0.9	0.95	0.92	0.96	0.98	0.98	0.88	0.92	0.72	0.96
Retained Earnings	0.96	0.98	0.95		0.94	0.92	0.96	0.96	0.65	0.93	0.78	0.76	0.91	0.41	0.95	-0.31	-0.86	0.97	0.85	0.96	0.91	0.97	0.81	0.84	0.61	0.91
Accounts Payable	0.98	0.97	0.95	0.94		0.98	0.98	0.98	0.52	0.98	0.68	0.85	0.92	0.41	0.96	-0.31	-0.76	0.93	0.93	0.93	0.93	0.97	0.76	0.85	0.58	0.87
Net Receivables	0.97	0.96	0.95	0.92	0.98		0.97	0.97	0.55	0.96	0.65	0.8	0.92	0.38	0.97	-0.26	-0.75	0.94	0.96	0.94	0.93	0.97	0.77	0.87	0.68	0.88
Total Liab	1.0	0.99	0.99	0.96	0.98	0.97		1.0	0.63	0.98	0.74	0.81	0.97	0.42	0.99	-0.29	-0.85	0.95	0.95	0.97	0.98	0.98	0.85	0.91	0.69	0.95
Total Current Assets	1.0	0.99	0.99	0.96	0.98	0.97	1.0		0.64	0.97	0.75	0.79	0.97	0.4	0.99	-0.29	-0.85	0.95	0.93	0.96	0.97	0.99	0.84	0.9	0.69	0.94
Short Term Debt	0.62	0.66	0.71	0.65	0.52	0.55	0.63	0.64		0.49	0.87	0.07	0.68	-0.02	0.65	-0.37	-0.84	0.69	0.44	0.65	0.64	0.66	0.77	0.69	0.71	0.7
Intangible Assets	0.98	0.96	0.96	0.93	0.98	0.96	0.98	0.97	0.49		0.65	0.88	0.94	0.5	0.97	-0.3	-0.77	0.93	0.96	0.95	0.96	0.95	0.79	0.88	0.61	0.91
Common Stock	0.73	0.78	0.78	0.78	0.68	0.65	0.74	0.75	0.87	0.65		0.35	0.72	0.24	0.72	-0.54	-0.84	0.76	0.53	0.71	0.7	0.75	0.84	0.77	0.65	0.76
Current Deferred Revenue	0.81	0.78	0.74	0.76	0.85	0.8	0.81	0.79	0.07	0.88	0.35		0.73	0.59	0.78	-0.11	-0.51	0.73	0.85	0.77	0.77	0.77	0.55	0.66	0.37	0.72
Long Term Debt	0.97	0.94	0.99	0.91	0.92	0.92	0.97	0.97	0.68	0.94	0.72	0.73		0.33	0.98	-0.22	-0.9	0.92	0.93	0.95	1.0	0.95	0.89	0.94	0.75	0.96
Short Term Investments	0.43	0.42	0.36	0.41	0.41	0.38	0.42	0.4	-0.02	0.5	0.24	0.59	0.33		0.41	-0.27	-0.18	0.42	0.48	0.45	0.38	0.38	0.36	0.34	0.25	0.48
Property Plant Equipment	0.99	0.98	0.99	0.95	0.96	0.97	0.99	0.99	0.65	0.97	0.72	0.78	0.98	0.41		-0.24	-0.86	0.97	0.95	0.98	0.98	0.99	0.87	0.92	0.72	0.96
Good Will	-0.29	-0.34	-0.32	-0.31	-0.31	-0.26	-0.29	-0.29	-0.37	-0.3	-0.54	-0.11	-0.22	-0.27	-0.24		0.28	-0.24	-0.13	-0.21	-0.2	-0.27	-0.2	-0.19	-0.14	-0.21
Treasury Stock	-0.84	-0.85	-0.9	-0.86	-0.76	-0.75	-0.85	-0.85	-0.84	-0.77	-0.84	-0.51	-0.9	-0.18	-0.86	0.28		-0.85	-0.69	-0.85	-0.88	-0.86	-0.88	-0.84	-0.76	-0.9
Net Tangible Assets	0.96	0.98	0.95	0.97	0.93	0.94	0.95	0.95	0.69	0.93	0.76	0.73	0.92	0.42	0.97	-0.24	-0.85		0.88	0.99	0.92	0.97	0.84	0.87	0.69	0.93
Long Term Investments	0.95	0.91	0.92	0.85	0.93	0.96	0.95	0.93	0.44	0.96	0.53	0.85	0.93	0.48	0.95	-0.13	-0.69	0.88		0.92	0.95	0.92	0.78	0.88	0.67	0.89
Short Long Term Debt	0.97	0.97	0.96	0.96	0.93	0.94	0.97	0.96	0.65	0.95	0.71	0.77	0.95	0.45	0.98	-0.21	-0.85	0.99	0.92		0.96	0.96	0.85	0.9	0.68	0.95
Long Term Debt Total	0.98	0.95	0.98	0.91	0.93	0.93	0.98	0.97	0.64	0.96	0.7	0.77	1.0	0.38	0.98	-0.2	-0.88	0.92	0.95	0.96		0.95	0.88	0.93	0.73	0.97
Capital Surpluse	0.99	0.99	0.98	0.97	0.97	0.97	0.98	0.99	0.66	0.95	0.75	0.77	0.95	0.38	0.99	-0.27	-0.86	0.97	0.92	0.96	0.95		0.83	0.89	0.71	0.93
Cash And Equivalents	0.85	0.83	0.88	0.81	0.76	0.77	0.85	0.84	0.77	0.79	0.84	0.55	0.89	0.36	0.87	-0.2	-0.88	0.84	0.78	0.85	0.88	0.83		0.97	0.81	0.94
Net Invested Capital	0.91	0.88	0.92	0.84	0.85	0.87	0.91	0.9	0.69	0.88	0.77	0.66	0.94	0.34	0.92	-0.19	-0.84	0.87	0.88	0.9	0.93	0.89	0.97		0.78	0.94
Net Working Capital	0.69	0.68	0.72	0.61	0.58	0.68	0.69	0.69	0.71	0.61	0.65	0.37	0.75	0.25	0.72	-0.14	-0.76	0.69	0.67	0.68	0.73	0.71	0.81	0.78		0.8
Capital Stock	0.95	0.93	0.96	0.91	0.87	0.88	0.95	0.94	0.7	0.91	0.76	0.72	0.96	0.48	0.96	-0.21	-0.9	0.93	0.89	0.95	0.97	0.93	0.94	0.94	0.8

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JinkoSolar Cash And Equivalents Historical Pattern

Today, most investors in JinkoSolar Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various JinkoSolar Holding's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of JinkoSolar Holding cash and equivalents as a starting point in their analysis.

JinkoSolar Holding Cash And Equivalents

Timeline

Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

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Cash And Equivalents Over Time

In accordance with the recently published financial statements, JinkoSolar Holding has 10.37 B in Cash And Equivalents. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The cash and equivalents for all United States stocks is significantly lower than that of the firm.

JinkoSolar Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JinkoSolar Holding's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of JinkoSolar Holding could also be used in its relative valuation, which is a method of valuing JinkoSolar Holding by comparing valuation metrics of similar companies.

JinkoSolar Holding is currently under evaluation in cash and equivalents category among its peers.

JinkoSolar Holding Current Valuation Drivers

We derive many important indicators used in calculating different scores of JinkoSolar Holding from analyzing JinkoSolar Holding's financial statements. These drivers represent accounts that assess JinkoSolar Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of JinkoSolar Holding's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	6.6B	18.1B	15.0B	14.0B	14.8B	15.6B
Enterprise Value	21.0B	38.2B	44.0B	51.5B	55.6B	58.4B

JinkoSolar Holding ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, JinkoSolar Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to JinkoSolar Holding's managers, analysts, and investors.

Environmental

Governance

Social

JinkoSolar Fundamentals

	Return On Equity	0.0344
	Return On Asset	-5.0E-4
	Profit Margin	0.01 %
	Operating Margin	0.01 %
	Current Valuation	4.92 B
	Shares Outstanding	49.31 M
	Shares Owned By Insiders	33.87 %
	Shares Owned By Institutions	25.90 %
	Number Of Shares Shorted	5.11 M
	Price To Earning	106.24 X
	Price To Book	0.40 X
	Price To Sales	0.01 X
	Revenue	118.68 B
	Gross Profit	12.35 B
	EBITDA	16.85 B
	Net Income	6.45 B
	Cash And Equivalents	10.37 B
	Cash Per Share	287.48 X
	Total Debt	56.79 B
	Debt To Equity	2.23 %
	Current Ratio	1.09 X
	Book Value Per Share	392.72 X
	Cash Flow From Operations	13.83 B
	Short Ratio	2.50 X
	Earnings Per Share	0.76 X
	Price To Earnings To Growth	0.26 X
	Target Price	30.97
	Number Of Employees	57.4 K
	Beta	0.41
	Market Capitalization	1.11 B
	Total Asset	135.83 B
	Retained Earnings	9.14 B
	Working Capital	1.88 B
	Current Asset	14.59 B
	Current Liabilities	15.23 B
	Annual Yield	0.13 %
	Net Asset	135.83 B

About JinkoSolar Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze JinkoSolar Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JinkoSolar Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JinkoSolar Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for JinkoSolar Stock Analysis

When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.

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