JKS vs NA
JinkoSolar Holding Co. Ltd. and Nano Labs Ltd., side by side — 6 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | JKS | NA |
|---|---|---|
| Revenue | CNY 65.5B | CNY 27.0M |
| Net income | CNY -4.4B | CNY 135.5M |
| Gross margin | 2.2% | −147.3% |
| Net margin | −10.9% | 466.4% |
| Return on equity | −25.0% | 27.7% |
| Diluted EPS | −CNY 21.33 | CNY 6.82 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | CNY -2.1B | CNY -108.3M |
| Equity | CNY 15.7B | CNY 748.3M |
| Net debt / equity | −0.59× | 0.23× |
| Current ratio | 1.25× | 2.09× |
| Revenue CAGR 5y | 13.3% | 66.2% |
| Profit CAGR 5y | · | · |
JKS bills 2425.2× the revenue of NA, and JKS closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | JKS | NA |
|---|---|---|
| FY2025 | CNY 65.5B | CNY 27.0M |
| FY2024 | CNY 92.3B | CNY 40.6M |
| FY2023 | CNY 118.7B | CNY 78.3M |
| FY2022 | CNY 83.1B | CNY 983.2M |
| FY2021 | CNY 40.8B | CNY 39.4M |
| FY2020 | CNY 35.1B | CNY 2.1M |
Bottom line
| Fiscal year | JKS | NA |
|---|---|---|
| FY2025 | CNY -4.4B | CNY 135.5M |
| FY2024 | CNY 54.5M | CNY -113.2M |
| FY2023 | CNY 3.4B | CNY -252.8M |
| FY2022 | CNY 620.5M | CNY 31.1M |
| FY2021 | CNY 721.0M | CNY -174.9M |
| FY2020 | CNY 230.4M | CNY -37.7M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 65,470,639,256 | JKS |
| FY2024 | +CNY 92,215,706,084 | JKS |
| FY2023 | +CNY 118,600,255,624 | JKS |
| FY2022 | +CNY 82,144,127,102 | JKS |
| FY2021 | +CNY 40,787,080,103 | JKS |
| FY2020 | +CNY 35,127,332,324 | JKS |
JKS has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −477.2 pp | NA |
| FY2024 | +294.5 pp | JKS |
| FY2023 | +330.1 pp | JKS |
| FY2022 | −1.3 pp | NA |
| FY2021 | +445.9 pp | JKS |
The higher net margin has changed hands between JKS and NA over this period.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NA's net margin has been more volatile than JKS's over the 5 comparable fiscal years — 327.4 percentage points of standard deviation against 5.6.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between JKS and NA over these 5 fiscal years — JKS led in 3 and NA in 2.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.