JinkoSolar Net Tangible Assets vs Current Deferred Revenue 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 Net Tangible Assets and its Current Deferred Revenue 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.
Net Tangible Assets vs Current Deferred Revenue
Net Tangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Net Tangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between JinkoSolar Holding's Net Tangible Assets and Current Deferred Revenue is 0.18. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Current Deferred Revenue 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 Net Tangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of JinkoSolar Holding are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Tangible Assets i.e., JinkoSolar Holding's Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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
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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 |
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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.