JinkoSolar Holding Co., Ltd.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.07B | $3.08B | $2.48B | $1.61B | $1.17B | $769.6M | $1.17B |
| Cost of Revenue | $3.61B | $2.53B | $1.98B | $1.25B | $931.9M | $732.3M | $990.7M |
| Gross Profit | $459.8M | $557.3M | $504.8M | $361.0M | $237.4M | $37.3M | $182.7M |
| Gross Margin | 11.3% | 18.1% | 20.3% | 22.4% | 20.3% | 4.8% | 15.6% |
| Operating Expenses | |||||||
| Research & Development | $45.2M | $26.1M | $22.2M | $17.2M | $10.8M | $11.1M | $4.8M |
| SG&A Expense | $72.4M | $112.2M | $102.4M | $68.3M | $38.0M | $122.1M | $66.7M |
| Operating Income | $50.0M | $194.3M | $203.5M | $150.1M | $106.6M | $-198.0M | $50.2M |
| Operating Margin | 1.2% | 6.3% | 8.2% | 9.3% | 9.1% | -25.7% | 4.3% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $22.9M | $179.7M | $148.0M | $93.9M | $38.6M | $-249.2M | $56.3M |
| Income Tax Expense | $711.3K | $37.1M | $17.3M | $-21.7M | $3.1M | $-1.4M | $12.9M |
| Net Income | $21.8M | $263.1M | $105.6M | $108.5M | $31.1M | $-247.6M | $43.4M |
| Net Margin | 0.5% | 8.5% | 4.3% | 6.7% | 2.7% | -32.2% | 3.7% |
| EPS (Basic) | $0.17 | $1.13 | $0.85 | $0.88 | $0.33 | $-2.79 | $0.46 |
| EPS (Diluted) | $0.17 | $1.10 | $0.83 | $0.62 | $0.32 | $-2.79 | $-0.20 |
| Shares Outstanding (Basic) | 128.9M | 125.9M | 124.6M | 123.0M | 94.0M | 88.8M | 94.0M |
| Shares Outstanding (Diluted) | 131.7M | 130.6M | 127.8M | 153.8M | 96.0M | 88.8M | 102.7M |
| Dividends Per Share | — | — | — | — | — | — | — |