XML 13 R4.htm IDEA: XBRL DOCUMENT v3.20.4
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
Sep. 30, 2020
CNY (¥)
Sep. 30, 2020
USD ($)
Dec. 31, 2019
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 5,774,669,007 $ 850,516,821 ¥ 5,653,853,691
Restricted cash 630,173,155 92,814,474 576,546,098
Restricted short-term investments 6,378,335,977 939,427,356 6,930,501,767
Accounts receivable, net - related parties 444,109,311 65,410,232 520,503,579
Accounts receivable, net - third parties 5,147,037,819 758,076,738 5,266,350,650
Notes receivable - related party 38,628,574 5,689,374 18,628,574
Notes receivable, net - third parties 2,132,748,933 314,119,968 1,529,800,657
Advances to suppliers - third parties 2,025,943,616 298,389,245 2,522,373,453
Inventories, net 7,722,268,860 1,137,367,276 5,818,788,985
Foreign exchange forward contract receivables 38,962,477 5,738,553 52,281,183
Other receivables - related parties 51,403,428 7,570,906 54,318,280
Prepayments and other current assets 1,933,857,025 284,826,356 1,573,481,940
Held-for-sale assets     1,170,817,846
Total current assets 32,318,138,182 4,759,947,299 31,688,246,703
Non-current assets:      
Restricted long-term investments 966,780,081 142,391,316 531,157,976
Project assets, net 773,051,037 113,858,112 798,243,129
Investments in affiliates 173,381,915 25,536,396 278,021,287
Property, plant and equipment, net 11,718,901,678 1,726,007,670 10,208,204,549
Land use rights, net 717,477,403 105,673,000 597,922,450
Intangible assets, net 36,746,443 5,412,166 36,395,056
Deferred tax assets 271,286,263 39,956,148 271,286,263
Financing lease right-of-use assets, net 941,833,495 138,717,081 1,259,713,215
Operating lease right-of-use assets, net 261,659,530 38,538,284 317,903,640
Call option related to convertible senior notes 507,692,955 74,775,091 294,177,634
Accounts Receivable- third parties - non-current 27,277,803 4,017,586  
Other assets - related parties 100,368,996 14,782,755 96,753,306
Other assets - third parties 1,198,296,318 176,489,973 1,466,692,145
Total non-current assets 17,694,753,917 2,606,155,578 16,156,470,650
Total assets 50,012,892,099 7,366,102,877 47,844,717,353
Current liabilities:      
Accounts payable - related parties 33,192,027 4,888,657 36,309,710
Accounts payable - third parties 4,855,246,188 715,100,475 4,952,629,856
Notes payable - third parties 8,043,194,149 1,184,634,463 7,518,569,682
Accrued payroll and welfare expenses 839,161,480 123,595,128 879,465,292
Advances from related parties     748,615
Advances from third parties 2,349,283,535 346,012,068 4,350,380,332
Income tax payable 87,393,655 12,871,694 117,422,380
Foreign exchange forward contract payables 596,988 87,927 3,856,561
Convertible senior notes - current 1,241,767,766 182,892,625  
Financing lease liabilities - current 209,446,925 30,848,198 227,613,208
Operating lease liabilities - current 37,858,162 5,575,905 40,043,113
Short-term borrowings, including current portion of long-term bank borrowings, and failed sale-leaseback financing 10,145,388,468 1,494,254,222 9,047,249,911
Other payables and accruals - third parties 3,201,157,150 471,479,489 3,055,929,756
Other payables - related parties 12,909,139 1,901,311 13,127,352
Guarantee liabilities - related parties 22,945,516 3,379,509 25,687,692
Held-for-sale liabilities     1,008,195,707
Total current liabilities 31,079,541,148 4,577,521,671 31,277,229,167
Non-current liabilities:      
Long-term borrowings 4,906,231,888 722,609,857 1,586,187,165
Accrued warranty costs - non-current 762,778,838 112,345,181 651,968,415
Financing lease liabilities - non-current 441,948,958 65,092,046 583,490,228
Operating lease liabilities - non-current 224,397,739 33,050,215 279,534,370
Convertible senior notes     728,215,869
Deferred tax liability 250,733,941 36,929,118 250,733,941
Guarantee liabilities - related parties - non current 37,891,377 5,580,797 46,331,673
Total non-current liabilities 6,623,982,741 975,607,214 4,126,461,661
Total liabilities 37,703,523,889 5,553,128,885 35,403,690,828
Shareholders' equity:      
Ordinary shares (US$0.00002 par value, 500,000,000 shares authorized, 180,653,497 and 183,993,437 shares issued as of December 31, 2019 and September 30, 2020, respectively, 178,930,297 and 181,047,597 shares outstanding as of December 31, 2019 and September 30, 2020, respectively.) 25,220 3,715 24,767
Additional paid-in capital 4,641,660,555 683,642,712 4,582,849,862
Statutory reserves 689,706,737 101,582,823 689,706,737
Accumulated other comprehensive income (12,489,839) (1,839,554) 62,952,198
Treasury stock, at cost; 1,723,200 and 2,945,840 ordinary shares as of December 31, 2019 and September 30, 2020, respectively (43,169,878) (6,358,236) (13,875,553)
Retained earnings 4,595,602,579 676,859,105 3,981,660,004
Total JinkoSolar Holding Co., Ltd. shareholders' equity 9,871,335,374 1,453,890,565 9,303,318,015
Non-controlling interests 2,438,032,836 359,083,427 3,137,708,510
Total shareholders' equity 12,309,368,210 1,812,973,992 12,441,026,525
Total liabilities, redeemable non-controlling interest and shareholders' equity ¥ 50,012,892,099 $ 7,366,102,877 ¥ 47,844,717,353