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Side-by-side financial comparison of JinkoSolar Holding Co., Ltd. (JKS) and NIO Inc. (NIO). Click either name above to swap in a different company.

NIO Inc. is the larger business by last-quarter revenue ($4.7B vs $2.5B, roughly 1.9× JinkoSolar Holding Co., Ltd.).

JinkoSolar Holding Co., Ltd. is a solar module manufacturer headquartered in Shanghai, China, and listed on the New York Stock Exchange since 2010. Its subsidiary Jinko Solar Co., Ltd. was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in 2022.

Nio Inc. is a Chinese electric vehicle manufacturer headquartered in Shanghai. Founded in 2014, it adopted its current name in 2016. The company designs and sells electric vehicles, including sedans and SUVs, and has expanded into smartphone development.

JKS vs NIO — Head-to-Head

Bigger by revenue
NIO
NIO
1.9× larger
NIO
$4.7B
$2.5B
JKS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
JKS
JKS
NIO
NIO
Revenue
$2.5B
$4.7B
Net Profit
$38.7M
Gross Margin
0.3%
17.5%
Operating Margin
1.5%
Net Margin
0.8%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
JKS
JKS
NIO
NIO
Q2 26
$2.5B
Q1 26
$4.7B
Q3 25
$3.0B
Q2 25
$2.3B
$2.6B
Q1 25
$1.9B
$2.7B
Q3 24
$3.5B
Q2 24
$3.3B
Q1 24
$3.2B
Net Profit
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$38.7M
Q3 25
$-505.2M
Q2 25
$-709.5M
Q1 25
$-984.2M
Q3 24
Q2 24
Q1 24
Gross Margin
JKS
JKS
NIO
NIO
Q2 26
0.3%
Q1 26
17.5%
Q3 25
13.9%
Q2 25
7.3%
10.0%
Q1 25
11.7%
Q3 24
15.7%
Q2 24
11.1%
Q1 24
11.9%
Operating Margin
JKS
JKS
NIO
NIO
Q2 26
Q1 26
1.5%
Q3 25
-16.2%
Q2 25
-25.8%
Q1 25
-30.6%
Q3 24
Q2 24
Q1 24
Net Margin
JKS
JKS
NIO
NIO
Q2 26
Q1 26
0.8%
Q3 25
-16.8%
Q2 25
-27.0%
Q1 25
-36.2%
Q3 24
Q2 24
Q1 24
EPS (diluted)
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$0.05
Q3 25
$-1.51
Q2 25
$-2.31
Q1 25
$-3.47
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JKS
JKS
NIO
NIO
Cash + ST InvestmentsLiquidity on hand
$4.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$594.8M
Total Assets
$17.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$4.4B
Q3 25
Q2 25
$2.5B
Q1 25
$4.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$594.8M
Q3 25
Q2 25
$-168.3M
Q1 25
$817.5M
Q3 24
Q2 24
Q1 24
Total Assets
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$17.8B
Q3 25
Q2 25
$14.0B
Q1 25
$14.7B
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JKS
JKS
NIO
NIO
Operating Cash FlowLast quarter
$427.9M
Free Cash FlowOCF − Capex
$-439.4M
FCF MarginFCF / Revenue
-9.3%
Capex IntensityCapex / Revenue
18.4%
Cash ConversionOCF / Net Profit
11.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$427.9M
Q3 25
Q2 25
Q1 25
$-1.1B
Q3 24
Q2 24
Q1 24
Free Cash Flow
JKS
JKS
NIO
NIO
Q2 26
Q1 26
$-439.4M
Q3 25
Q2 25
Q1 25
$-2.3B
Q3 24
Q2 24
Q1 24
FCF Margin
JKS
JKS
NIO
NIO
Q2 26
Q1 26
-9.3%
Q3 25
Q2 25
Q1 25
-85.6%
Q3 24
Q2 24
Q1 24
Capex Intensity
JKS
JKS
NIO
NIO
Q2 26
Q1 26
18.4%
Q3 25
Q2 25
Q1 25
46.1%
Q3 24
Q2 24
Q1 24
Cash Conversion
JKS
JKS
NIO
NIO
Q2 26
Q1 26
11.07×
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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