vs

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

Royal Caribbean Group is the larger business by last-quarter revenue ($4.5B vs $2.5B, roughly 1.8× JinkoSolar Holding Co., Ltd.). Over the past eight quarters, Royal Caribbean Group's revenue compounded faster (4.1% CAGR vs -23.1%).

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.

Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...

JKS vs RCL — Head-to-Head

Bigger by revenue
RCL
RCL
1.8× larger
RCL
$4.5B
$2.5B
JKS
Faster 2-yr revenue CAGR
RCL
RCL
Annualised
RCL
4.1%
-23.1%
JKS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
JKS
JKS
RCL
RCL
Revenue
$2.5B
$4.5B
Net Profit
$950.0M
Gross Margin
0.3%
Operating Margin
26.1%
Net Margin
21.3%
Revenue YoY
11.3%
Net Profit YoY
29.1%
EPS (diluted)
$3.48

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
RCL
RCL
Q2 26
$2.5B
Q1 26
$4.5B
Q4 25
$4.3B
Q3 25
$5.1B
Q2 25
$2.3B
$4.5B
Q1 25
$1.9B
$4.0B
Q4 24
$3.8B
Q3 24
$3.5B
$4.9B
Net Profit
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$950.0M
Q4 25
$753.0M
Q3 25
$1.6B
Q2 25
$1.2B
Q1 25
$730.0M
Q4 24
$552.0M
Q3 24
$1.1B
Gross Margin
JKS
JKS
RCL
RCL
Q2 26
0.3%
Q1 26
Q4 25
47.4%
Q3 25
51.8%
Q2 25
7.3%
49.7%
Q1 25
48.0%
Q4 24
45.4%
Q3 24
15.7%
51.1%
Operating Margin
JKS
JKS
RCL
RCL
Q2 26
Q1 26
26.1%
Q4 25
21.9%
Q3 25
33.1%
Q2 25
29.3%
Q1 25
23.6%
Q4 24
16.6%
Q3 24
33.4%
Net Margin
JKS
JKS
RCL
RCL
Q2 26
Q1 26
21.3%
Q4 25
17.7%
Q3 25
30.6%
Q2 25
26.7%
Q1 25
18.3%
Q4 24
14.7%
Q3 24
22.7%
EPS (diluted)
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$3.48
Q4 25
$2.76
Q3 25
$5.74
Q2 25
$4.41
Q1 25
$2.70
Q4 24
$2.27
Q3 24
$4.21

Balance Sheet & Financial Strength

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

Metric
JKS
JKS
RCL
RCL
Cash + ST InvestmentsLiquidity on hand
$512.0M
Total DebtLower is stronger
$21.1B
Stockholders' EquityBook value
$10.0B
Total Assets
$42.0B
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$512.0M
Q4 25
$825.0M
Q3 25
$432.0M
Q2 25
$735.0M
Q1 25
$386.0M
Q4 24
$388.0M
Q3 24
$418.0M
Total Debt
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$21.1B
Q4 25
$18.2B
Q3 25
$17.2B
Q2 25
$17.6B
Q1 25
$18.0B
Q4 24
$18.5B
Q3 24
$19.0B
Stockholders' Equity
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$10.0B
Q4 25
$10.0B
Q3 25
$10.1B
Q2 25
$9.2B
Q1 25
$8.0B
Q4 24
$7.6B
Q3 24
$7.0B
Total Assets
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$42.0B
Q4 25
$41.6B
Q3 25
$40.1B
Q2 25
$38.5B
Q1 25
$37.5B
Q4 24
$37.1B
Q3 24
$37.1B
Debt / Equity
JKS
JKS
RCL
RCL
Q2 26
Q1 26
2.11×
Q4 25
1.81×
Q3 25
1.70×
Q2 25
1.92×
Q1 25
2.26×
Q4 24
2.44×
Q3 24
2.69×

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
RCL
RCL
Operating Cash FlowLast quarter
$1.8B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JKS
JKS
RCL
RCL
Q2 26
Q1 26
$1.8B
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$897.0M
Free Cash Flow
JKS
JKS
RCL
RCL
Q2 26
Q1 26
Q4 25
$116.0M
Q3 25
$-989.0M
Q2 25
$910.0M
Q1 25
$1.2B
Q4 24
$915.0M
Q3 24
$563.0M
FCF Margin
JKS
JKS
RCL
RCL
Q2 26
Q1 26
Q4 25
2.7%
Q3 25
-19.2%
Q2 25
20.1%
Q1 25
30.0%
Q4 24
24.3%
Q3 24
11.5%
Capex Intensity
JKS
JKS
RCL
RCL
Q2 26
Q1 26
Q4 25
35.4%
Q3 25
47.8%
Q2 25
18.4%
Q1 25
10.7%
Q4 24
14.7%
Q3 24
6.8%
Cash Conversion
JKS
JKS
RCL
RCL
Q2 26
Q1 26
1.93×
Q4 25
2.16×
Q3 25
0.93×
Q2 25
1.44×
Q1 25
2.23×
Q4 24
2.66×
Q3 24
0.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JKS
JKS

Segment breakdown not available.

RCL
RCL

Passenger ticket revenues$3.0B68%
Onboard and other revenues$1.4B32%

Related Comparisons