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JinkoSolar Holding Co (JinkoSolar Holding Co) Pretax Margin % : 6.18% (As of Mar. 2024)


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What is JinkoSolar Holding Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JinkoSolar Holding Co's Pre-Tax Income for the three months ended in Mar. 2024 was $198 Mil. JinkoSolar Holding Co's Revenue for the three months ended in Mar. 2024 was $3,200 Mil. Therefore, JinkoSolar Holding Co's pretax margin for the quarter that ended in Mar. 2024 was 6.18%.

The historical rank and industry rank for JinkoSolar Holding Co's Pretax Margin % or its related term are showing as below:

JKS' s Pretax Margin % Range Over the Past 10 Years
Min: 0.56   Med: 3.44   Max: 6.31
Current: 6.22


JKS's Pretax Margin % is ranked better than
53.14% of 986 companies
in the Semiconductors industry
Industry Median: 5.315 vs JKS: 6.22

JinkoSolar Holding Co Pretax Margin % Historical Data

The historical data trend for JinkoSolar Holding Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JinkoSolar Holding Co Pretax Margin % Chart

JinkoSolar Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 1.61 2.67 2.38 6.31

JinkoSolar Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.55 8.76 8.64 1.59 6.18

Competitive Comparison of JinkoSolar Holding Co's Pretax Margin %

For the Solar subindustry, JinkoSolar Holding Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JinkoSolar Holding Co's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where JinkoSolar Holding Co's Pretax Margin % falls into.



JinkoSolar Holding Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

JinkoSolar Holding Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1049.013/16621.186
=6.31 %

JinkoSolar Holding Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=197.731/3199.928
=6.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JinkoSolar Holding Co  (NYSE:JKS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


JinkoSolar Holding Co Pretax Margin % Related Terms

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JinkoSolar Holding Co (JinkoSolar Holding Co) Business Description

Address
1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.