JinkoSolar Roic vs Payout Ratio Analysis

JKS Stock

USD 28.78 0.08 0.28%

JinkoSolar Holding financial indicator trend analysis is infinitely more than just investigating JinkoSolar Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JinkoSolar Holding is a good investment. Please check the relationship between JinkoSolar Holding Roic and its Payout Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.

Roic vs Payout Ratio

Roic vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Roic account and Payout Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between JinkoSolar Holding's Roic and Payout Ratio is -0.02. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of JinkoSolar Holding, assuming nothing else is changed. The correlation between historical values of JinkoSolar Holding's Roic and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of JinkoSolar Holding are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Roic i.e., JinkoSolar Holding's Roic and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Payout Ratio

Payout Ratio is the proportion of JinkoSolar Holding earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of JinkoSolar Holding dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating JinkoSolar Holding is paying out more in dividends than it makes in net income.

Most indicators from JinkoSolar Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JinkoSolar Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.At this time, JinkoSolar Holding's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.3 B in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.7B	12.3B	19.0B	20.0B
Total Revenue	40.8B	83.1B	118.7B	124.6B

Gross Profit Total Revenue

JinkoSolar Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.99	0.93	1.0	0.99	0.99	0.99	0.96	0.98	0.99	0.99	0.67	0.98	0.97	0.65	0.73	0.97	0.99	0.87	0.99	1.0	0.98	1.0	0.62	0.98	0.73
Short Long Term Debt Total	0.99		0.9	0.99	0.98	0.98	1.0	0.96	0.96	0.99	0.97	0.62	0.98	0.95	0.69	0.76	0.97	0.99	0.89	0.98	1.0	0.96	0.99	0.68	0.97	0.77
Other Current Liab	0.93	0.9		0.93	0.92	0.94	0.88	0.89	0.96	0.93	0.96	0.86	0.93	0.93	0.5	0.56	0.93	0.9	0.74	0.91	0.93	0.97	0.92	0.35	0.96	0.55
Total Current Liabilities	1.0	0.99	0.93		0.99	0.99	0.99	0.96	0.98	0.99	0.98	0.67	0.98	0.97	0.66	0.74	0.96	0.99	0.88	0.98	1.0	0.97	1.0	0.63	0.98	0.74
Total Stockholder Equity	0.99	0.98	0.92	0.99		0.97	0.98	0.98	0.97	0.98	0.96	0.66	0.97	0.96	0.7	0.76	0.94	0.98	0.87	0.98	0.99	0.95	0.99	0.66	0.96	0.78
Property Plant And Equipment Net	0.99	0.98	0.94	0.99	0.97		0.98	0.94	0.97	0.98	1.0	0.67	0.98	0.97	0.62	0.68	0.98	0.98	0.82	0.98	0.99	0.99	0.98	0.58	0.99	0.68
Net Debt	0.99	1.0	0.88	0.99	0.98	0.98		0.95	0.95	0.97	0.96	0.58	0.97	0.95	0.7	0.77	0.96	0.99	0.89	0.98	0.99	0.94	0.99	0.71	0.96	0.78
Retained Earnings	0.96	0.96	0.89	0.96	0.98	0.94	0.95		0.94	0.96	0.93	0.65	0.96	0.92	0.7	0.76	0.9	0.96	0.86	0.93	0.96	0.92	0.96	0.65	0.93	0.78
Accounts Payable	0.98	0.96	0.96	0.98	0.97	0.97	0.95	0.94		0.96	0.97	0.77	0.96	0.98	0.6	0.69	0.95	0.96	0.85	0.97	0.98	0.97	0.98	0.52	0.98	0.68
Cash	0.99	0.99	0.93	0.99	0.98	0.98	0.97	0.96	0.96		0.98	0.69	1.0	0.94	0.65	0.72	0.97	0.98	0.87	0.97	0.99	0.97	0.98	0.58	0.98	0.72
Non Current Assets Total	0.99	0.97	0.96	0.98	0.96	1.0	0.96	0.93	0.97	0.98		0.73	0.98	0.97	0.59	0.65	0.98	0.97	0.81	0.97	0.99	1.0	0.98	0.52	0.99	0.64
Non Currrent Assets Other	0.67	0.62	0.86	0.67	0.66	0.67	0.58	0.65	0.77	0.69	0.73		0.71	0.7	0.18	0.25	0.7	0.6	0.51	0.64	0.66	0.78	0.66	-0.1	0.76	0.21
Cash And Short Term Investments	0.98	0.98	0.93	0.98	0.97	0.98	0.97	0.96	0.96	1.0	0.98	0.71		0.94	0.64	0.71	0.98	0.97	0.86	0.97	0.98	0.98	0.98	0.55	0.98	0.71
Net Receivables	0.97	0.95	0.93	0.97	0.96	0.97	0.95	0.92	0.98	0.94	0.97	0.7	0.94		0.56	0.64	0.94	0.96	0.79	0.98	0.97	0.96	0.97	0.55	0.96	0.65
Common Stock Total Equity	0.65	0.69	0.5	0.66	0.7	0.62	0.7	0.7	0.6	0.65	0.59	0.18	0.64	0.56		0.94	0.58	0.68	0.69	0.66	0.66	0.56	0.66	0.79	0.6	0.96
Common Stock Shares Outstanding	0.73	0.76	0.56	0.74	0.76	0.68	0.77	0.76	0.69	0.72	0.65	0.25	0.71	0.64	0.94		0.66	0.76	0.77	0.73	0.74	0.63	0.74	0.83	0.66	0.97
Non Current Liabilities Total	0.97	0.97	0.93	0.96	0.94	0.98	0.96	0.9	0.95	0.97	0.98	0.7	0.98	0.94	0.58	0.66		0.96	0.8	0.96	0.97	0.98	0.96	0.52	0.98	0.64
Inventory	0.99	0.99	0.9	0.99	0.98	0.98	0.99	0.96	0.96	0.98	0.97	0.6	0.97	0.96	0.68	0.76	0.96		0.87	0.98	0.99	0.95	0.99	0.7	0.96	0.76
Other Current Assets	0.87	0.89	0.74	0.88	0.87	0.82	0.89	0.86	0.85	0.87	0.81	0.51	0.86	0.79	0.69	0.77	0.8	0.87		0.85	0.88	0.79	0.9	0.67	0.81	0.79
Other Stockholder Equity	0.99	0.98	0.91	0.98	0.98	0.98	0.98	0.93	0.97	0.97	0.97	0.64	0.97	0.98	0.66	0.73	0.96	0.98	0.85		0.99	0.96	0.99	0.63	0.97	0.74
Total Liab	1.0	1.0	0.93	1.0	0.99	0.99	0.99	0.96	0.98	0.99	0.99	0.66	0.98	0.97	0.66	0.74	0.97	0.99	0.88	0.99		0.97	1.0	0.63	0.98	0.74
Property Plant And Equipment Gross	0.98	0.96	0.97	0.97	0.95	0.99	0.94	0.92	0.97	0.97	1.0	0.78	0.98	0.96	0.56	0.63	0.98	0.95	0.79	0.96	0.97		0.96	0.45	1.0	0.61
Total Current Assets	1.0	0.99	0.92	1.0	0.99	0.98	0.99	0.96	0.98	0.98	0.98	0.66	0.98	0.97	0.66	0.74	0.96	0.99	0.9	0.99	1.0	0.96		0.64	0.97	0.75
Short Term Debt	0.62	0.68	0.35	0.63	0.66	0.58	0.71	0.65	0.52	0.58	0.52	-0.1	0.55	0.55	0.79	0.83	0.52	0.7	0.67	0.63	0.63	0.45	0.64		0.49	0.87
Intangible Assets	0.98	0.97	0.96	0.98	0.96	0.99	0.96	0.93	0.98	0.98	0.99	0.76	0.98	0.96	0.6	0.66	0.98	0.96	0.81	0.97	0.98	1.0	0.97	0.49		0.65
Common Stock	0.73	0.77	0.55	0.74	0.78	0.68	0.78	0.78	0.68	0.72	0.64	0.21	0.71	0.65	0.96	0.97	0.64	0.76	0.79	0.74	0.74	0.61	0.75	0.87	0.65

Click cells to compare fundamentals

JinkoSolar Holding Account Relationship Matchups

High Positive Relationship

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities

High Negative Relationship

Short Term Debt

- 0.1

Non Currrent Assets Other

JinkoSolar Holding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	47.8B	53.2B	73.0B	108.7B	135.8B	142.6B
Short Long Term Debt Total	20.0B	27.6B	37.5B	48.0B	56.8B	59.6B
Other Current Liab	9.5B	6.8B	12.8B	21.3B	49.4B	51.9B
Total Current Liabilities	31.3B	31.2B	45.5B	64.9B	81.1B	85.1B
Total Stockholder Equity	9.3B	10.0B	11.0B	16.3B	20.2B	21.2B
Property Plant And Equipment Net	11.8B	13.6B	21.0B	33.2B	42.0B	44.1B
Net Debt	14.4B	20.1B	29.0B	37.5B	40.7B	42.8B
Retained Earnings	4.7B	4.9B	5.6B	6.2B	9.1B	9.6B
Accounts Payable	5.0B	4.5B	6.8B	10.4B	15.5B	16.2B
Cash	5.7B	7.5B	8.3B	10.2B	16.1B	16.9B
Non Current Assets Total	12.7B	14.6B	22.8B	36.5B	52.9B	55.5B
Non Currrent Assets Other	(271.3M)	(255.1M)	(371.8M)	(704.2M)	6.3B	6.6B
Cash And Short Term Investments	5.7B	8.1B	8.5B	10.3B	17.1B	17.9B
Net Receivables	7.3B	6.0B	9.2B	23.8B	27.0B	28.4B
Common Stock Total Equity	18.6K	21.7K	24.8K	26K	29.9K	18.6K
Common Stock Shares Outstanding	42.3M	44.7M	51.4M	50.1M	56.5M	35.7M
Liabilities And Stockholders Equity	47.8B	53.2B	73.0B	108.7B	135.8B	142.6B
Non Current Liabilities Total	2.3B	7.3B	11.0B	14.1B	21.2B	22.3B
Inventory	8.3B	9.4B	14.8B	20.8B	22.8B	23.9B
Other Current Assets	10.4B	10.2B	13.1B	13.4B	16.0B	16.8B
Other Stockholder Equity	3.9B	5.2B	4.9B	9.9B	10.7B	11.2B
Total Liab	35.4B	40.2B	58.7B	81.7B	102.3B	107.4B
Property Plant And Equipment Gross	12.6B	14.2B	21.0B	33.2B	56.1B	58.9B
Total Current Assets	31.7B	33.7B	45.5B	68.3B	82.9B	87.1B
Accumulated Other Comprehensive Income	752.7M	563.4M	545.9M	217.7M	359.6M	321.8M
Short Term Debt	16.8B	19.7B	25.7B	32.5B	14.5B	11.1B
Intangible Assets	634.3M	796.8M	1.1B	1.5B	2.4B	2.5B
Common Stock	24.8K	26.1K	26K	28K	29K	19.9K
Current Deferred Revenue	749K	4.6B	200M	814.5M	24.3B	25.5B
Other Assets	3.5B	5.0B	4.6B	3.9B	4.4B	4.7B
Long Term Debt	2.3B	7.3B	11.6B	15.5B	16.0B	16.8B
Short Term Investments	1.2B	570M	150M	104.5M	1.0B	1.1B
Property Plant Equipment	11.8B	13.6B	21.0B	33.2B	38.2B	40.1B
Other Liab	949.0M	1.1B	1.6B	2.2B	2.5B	2.6B
Net Tangible Assets	8.7B	9.2B	9.9B	14.9B	17.1B	18.0B
Long Term Investments	278.0M	194.3M	633.9M	1.7B	2.2B	2.3B
Short Long Term Debt	16.6B	19.4B	25.4B	32.2B	40.1B	42.1B
Long Term Debt Total	2.9B	7.6B	11.8B	15.6B	17.9B	18.8B

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