Jinko Solar Co (SHSE:688223) Quick Ratio: 0.96 (As of Mar. 2026) — 12% Above Median


SHSE:688223 Jinko Solar Co Ltd SHSE:688223
79 GF Score
Price ¥4.46
GF Value ¥5.00
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Jinko Solar Co Quick Ratio?

Jinko Solar Co SHSE:688223 +0.45% 79 Quick Ratio is 0.96 as of Mar. 2026, which is 12% above its 10-year median of 0.86. GuruFocus rates SHSE:688223 with a GF Score™ of 79/100 and a GF Value™ of ¥5.00 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,027 Semiconductors companies, Jinko Solar Co ranks worse than 78.09% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Jinko Solar Co's quick ratio for the quarter that ended in Mar. 2026 was 0.96.

Jinko Solar Co has a quick ratio of 0.96. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Jinko Solar Co's Quick Ratio or its related term are showing as below:

SHSE:688223' s Quick Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.86   Max: 1.13
Current: 0.96

During the past 13 years, Jinko Solar Co's highest Quick Ratio was 1.13. The lowest was 0.72. And the median was 0.86.

SHSE:688223's Quick Ratio is ranked worse than
78.09% of 1027 companies
in the Semiconductors industry
Industry Median: 1.85 vs SHSE:688223: 0.96

Jinko Solar Co  (SHSE:688223) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Jinko Solar Co Quick Ratio Related Terms


Jinko Solar Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Jinko Solar Co's Quick Ratio 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.

Jinko Solar Co Quick Ratio Chart

Jinko Solar Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.81 0.90 1.12 1.01

Jinko Solar Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 1.13 1.11 1.04 1.01 0.96

SHSE:688223 vs FSLR, NXT, ENPH: Quick Ratio Comparison

For the Solar subindustry, Jinko Solar Co's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.


Jinko Solar Co Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Jinko Solar Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Jinko Solar Co's Quick Ratio falls into.


SHSE:688223
79GF Score
Jinko Solar Co Ltd SHSE:688223
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinko Solar Co Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Jinko Solar Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(68027.297-14485.548)/52756.739
=1.01

Jinko Solar Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(71290.045-17706.785)/55583.252
=0.96

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.96 mean?
Jinko Solar Co (SHSE:688223) has a Quick Ratio of 0.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jinko Solar Co and its competitors. This is 12% above median its historical median of 0.86. Over the past decade, Jinko Solar Co's Quick Ratio has ranged from 0.72 to 1.13. According to the industry distribution chart, Jinko Solar Co ranks #802 out of 1027 companies in the Semiconductors industry, placing it in the top 78.1%.
Is Jinko Solar Co's Quick Ratio too high?
Jinko Solar Co's current Quick Ratio of 0.96 is 12% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.13. The Semiconductors industry median Quick Ratio is 1.85. Jinko Solar Co's value of 0.96 is 48.1% below this industry median. Based on the distribution chart, Jinko Solar Co ranks #802 out of 1027 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Jinko Solar Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinko Solar Co's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Jinko Solar Co ranks #802 out of 1027 companies for Quick Ratio. This places Jinko Solar Co in the lower half of its industry. The industry median Quick Ratio is 1.85. Jinko Solar Co's value of 0.96 is 48.1% below this benchmark. Historically, Jinko Solar Co's own Quick Ratio has ranged from 0.72 to 1.13 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.85, Jinko Solar Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jinko Solar Co's current Quick Ratio of 0.96 is 48.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jinko Solar Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinko Solar Co's current Quick Ratio is 0.96, which is 12% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinko Solar Co stock overvalued right now?
Based on GuruFocus' analysis, Jinko Solar Co (SHSE:688223) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.00, compared to a current price of ¥4.46 — trading 10.8% below its estimated fair value. The current Quick Ratio is 0.96, which is 12% above median its 10-year median of 0.86 and 48.1% below the Semiconductors industry median of 1.85. Jinko Solar Co's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Jinko Solar Co (SHSE:688223), the current Quick Ratio is 0.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jinko Solar Co (SHSE:688223) Overvalued in 2026?

Based on GuruFocus' analysis, Jinko Solar Co stock appears to be undervalued. The current stock price of ¥4.46 is trading 10.8% below its estimated GF Value™ of ¥5.00. GuruFocus considers Jinko Solar Co to be Modestly Undervalued.

Key valuation signals for SHSE:688223:

  • Quick Ratio: 0.96 (12% above median its 10-year median of 0.86)
  • GF Value™: ¥5.00 vs. price of ¥4.46 (10.8% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 48.1% below the Semiconductors median (#802 of 1027)

No single metric tells the full story. See the SHSE:688223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jinko Solar Co Business Description

Address No. 1, Lane 1466, Shenchang Road, Jinko Center, Minhang District, Shanghai, CHN, 201106
Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2025. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.
79GF Score

Get the complete analysis for SHSE:688223

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.46
Price
¥5.00
GF Value