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CONSOLIDATED BALANCE SHEETS
Dec. 31, 2019
CNY (¥)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 5,653,853,691 $ 812,125,268 ¥ 3,104,916,803
Restricted cash 576,546,098 82,815,665 377,110,770
Restricted short-term investments 6,930,501,767 995,504,290 4,058,418,999
Accounts receivable, net - related parties 520,503,579 74,765,661 675,767,723
Accounts receivable, net - third parties 5,266,350,650 756,463,939 5,436,370,691
Notes receivable - related party 18,628,574 2,675,827  
Notes receivable, net - third parties 1,529,800,657 219,742,115 1,010,468,502
Advances to suppliers - third parties 2,522,373,453 362,316,276 665,220,852
Inventories, net 5,818,788,985 835,816,741 5,743,327,938
Foreign exchange forward contract receivables 52,281,183 7,509,722 1,192,168
Other receivables - related parties 54,318,280 7,802,333 67,729,869
Derivative assets foreign exchange option     846,718
Held-for-sale assets 1,170,817,846 168,177,458  
Prepayments and other current assets 1,573,481,940 226,016,539 1,712,888,803
Total current assets 31,688,246,703 4,551,731,834 22,854,259,836
Non-current assets:      
Restricted long-term investments 531,157,976 76,296,069 921,300,096
Project assets, net 798,243,129 114,660,451 1,770,621,085
Investments in affiliates 278,021,287 39,935,259 25,531,136
Property, plant and equipment, net 10,208,204,549 1,466,316,836 8,275,899,684
Land use rights, net 597,922,450 85,886,186 574,945,186
Intangible assets, net 36,395,056 5,227,823 35,361,410
Deferred tax assets 271,286,263 38,967,833 338,069,324
Financing lease right-of-use assets, net 1,259,713,215 180,946,482  
Operating lease right-of-use assets, net 317,903,640 45,664,001  
Call option related to convertible senior notes 294,177,634 42,255,973  
Other assets - related parties 96,753,306 13,897,743 144,983,745
Other assets - third parties 1,466,692,145 210,677,145 912,210,407
Total non-current assets 16,156,470,650 2,320,731,801 12,998,922,073
Total assets 47,844,717,353 6,872,463,635 35,853,181,909
Current liabilities:      
Accounts payable - related parties 36,309,710 5,215,564 698,043
Accounts payable - third parties 4,952,629,856 711,400,766 5,327,093,953
Notes payable - related parties     35,000,000
Notes payable - third parties 7,518,569,682 1,079,974,961 6,036,576,707
Accrued payroll and welfare expenses 879,465,292 126,327,285 810,920,659
Advances from related parties 748,615 107,532 910,086
Advances from third parties 4,350,380,332 624,893,035 2,395,228,932
Income tax payable 117,422,380 16,866,670 70,240,122
Foreign exchange forward contract payables 3,856,561 553,960 9,463,728
Convertible senior notes - current     68,632
Derivative liability interest rate swap 61,271,965   12,786,001
Financing lease liabilities - current 227,613,208 32,694,592 287,441,586
Operating lease liabilities - current 40,043,113 5,751,833  
Bond payable and accrued interests     10,318,000
Short-term borrowings, including current portion of long-term bank borrowings, and failed sale-leaseback financing 9,047,249,911 1,299,556,136 7,103,399,191
Other payables and accruals - third parties 3,055,929,756 438,956,841 2,281,024,560
Other payables - related parties 13,127,352 1,885,626 20,818,596
Guarantee liabilities - related parties 25,687,692 3,689,806 26,639,131
Held-for-sale liabilities 1,008,195,707 144,818,252  
Total current liabilities 31,277,229,167 4,492,692,859 24,141,186,341
Non-current liabilities:      
Long-term borrowings 1,586,187,165 227,841,530 1,954,830,774
Finance lease obligations and others     338,412,288
Bond payables     299,475,000
Accrued warranty costs - non-current 651,968,415 93,649,403 573,641,400
Financing lease liabilities - non-current 583,490,228 83,813,127  
Operating lease liabilities - non-current 279,534,370 40,152,600  
Convertible senior notes 728,215,869 104,601,665  
Deferred tax liability 250,733,941 36,015,677 25,893,228
Guarantee liabilities - related parties - non current 46,331,673 6,655,128 65,764,938
Total non-current liabilities 4,126,461,661 592,729,130 3,258,017,628
Total liabilities 35,403,690,828 5,085,421,989 27,399,203,969
Commitment and contingencies
Shareholders' equity:      
Ordinary shares (US$0.00002 par value, 500,000,000 shares authorized, 158,587,937 and 180,653,497 shares issued as of December 31, 2018 and December 31, 2019, respectively, 156,864,737 and 178,930,297 shares outstanding as of December 31, 2018 and December 31, 2019, respectively.) 24,767 3,558 21,727
Additional paid-in capital 4,582,849,862 658,285,194 4,010,739,727
Statutory reserves 689,706,737 99,070,174 570,176,203
Accumulated other comprehensive income 62,952,198 9,042,517 70,300,898
Treasury stock, at cost; 1,723,200 ordinary shares as of December 31, 2018 and December 31, 2019 (13,875,553) (1,993,098) (13,875,553)
Retained earnings 3,981,660,004 571,929,674 3,202,528,312
Total JinkoSolar Holding Co., Ltd. shareholders' equity 9,303,318,015 1,336,338,019 7,839,891,314
Non-controlling interests 3,137,708,510 450,703,627 614,086,626
Total shareholders' equity 12,441,026,525 1,787,041,646 8,453,977,940
Total liabilities, redeemable non-controlling interest and shareholders' equity ¥ 47,844,717,353 $ 6,872,463,635 ¥ 35,853,181,909