Jinko Solar Co., Ltd., a majority‑owned subsidiary of JinkoSolar Holding Co., Ltd., announced on Thursday, October 30 2025 that it had completed its unaudited consolidated financial reporting for the third quarter ended September 30 2025.
The subsidiary reported total operating revenue of 16.15 billion RMB, a 34.11% decline year‑over‑year, and a loss before income taxes of 1.29 billion RMB. Net profit attributable to owners of the parent company was 1.01 billion RMB, and the basic and diluted earnings per share were both –0.10 RMB.
Research and development spending rose to 4.17% of operating revenue, up 0.58 percentage points from the prior year, reflecting continued investment in new technology. The subsidiary holds a 55.59% equity stake in Jiangxi Jinko, and its results differ from JinkoSolar’s consolidated figures due to differences in consolidation scope and accounting standards.
The Q3 results underscore ongoing profitability pressure for the group, while the higher R&D expense signals a sustained focus on advancing high‑efficiency products that could support future revenue growth.
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