JinkoSolar Intangible Assets vs Net Invested Capital Analysis
JKS Stock | USD 24.12 0.63 2.55% |
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 Intangible Assets and its Net Invested Capital 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 tightly coupled 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.
Intangible Assets vs Net Invested Capital
Intangible Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between JinkoSolar Holding's Intangible Assets and Net Invested Capital is 0.88. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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 Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of JinkoSolar Holding are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., JinkoSolar Holding's Intangible Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 tightly coupled 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 Enterprise Value Over EBITDA is likely to drop 3.10 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 |
JinkoSolar Holding fundamental ratios Correlations
Click cells to compare fundamentals
JinkoSolar Holding Account Relationship Matchups
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 | 37.3B | 47.8B | 30.9B | 15.6B | |
Other Current Liab | 9.5B | 2.5B | 12.8B | 21.3B | 25.5B | 26.8B | |
Total Current Liabilities | 31.3B | 31.2B | 45.5B | 64.9B | 79.6B | 83.5B | |
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 | 15.4B | 11.6B | |
Retained Earnings | 4.7B | 4.9B | 5.6B | 6.2B | 9.1B | 9.6B | |
Accounts Payable | 5.0B | 4.5B | 6.8B | 10.4B | 41.2B | 43.2B | |
Cash | 5.7B | 7.5B | 8.3B | 10.2B | 15.6B | 16.4B | |
Non Current Assets Total | 12.7B | 14.6B | 22.8B | 36.5B | 52.8B | 55.5B | |
Non Currrent Assets Other | (271.3M) | (255.1M) | (371.8M) | (704.2M) | 6.2B | 6.5B | |
Cash And Short Term Investments | 5.7B | 8.1B | 8.5B | 10.3B | 16.6B | 17.4B | |
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 | 22.7B | 23.9B | |
Inventory | 8.3B | 9.4B | 14.8B | 20.8B | 18.2B | 19.1B | |
Other Current Assets | 10.4B | 10.2B | 13.1B | 13.4B | 21.2B | 22.2B | |
Other Stockholder Equity | 3.9B | 4.5B | 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 | 83.0B | 87.2B | |
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 | 12.9B | 11.0B | |
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 | 733.1M | 696.4M | |
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 | |
Capital Surpluse | 4.6B | 5.3B | 5.6B | 9.9B | 11.4B | 12.0B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled 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.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary 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.
Stocks Directory Find actively traded stocks across global markets | |
Transaction History View history of all your transactions and understand their impact on performance | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is JinkoSolar Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JinkoSolar Holding. If investors know JinkoSolar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JinkoSolar Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 10.636 | Earnings Share 10.03 | Revenue Per Share 2.3 K | Quarterly Revenue Growth 0.094 |
The market value of JinkoSolar Holding is measured differently than its book value, which is the value of JinkoSolar that is recorded on the company's balance sheet. Investors also form their own opinion of JinkoSolar Holding's value that differs from its market value or its book value, called intrinsic value, which is JinkoSolar Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JinkoSolar Holding's market value can be influenced by many factors that don't directly affect JinkoSolar Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JinkoSolar Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if JinkoSolar Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JinkoSolar Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.