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CONSOLIDATED BALANCE SHEETS
Dec. 31, 2020
CNY (¥)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 7,481,678,114 $ 1,146,617,335 ¥ 5,653,853,691
Restricted cash 593,093,671 90,895,582 576,546,098
Restricted short-term investments 6,400,637,248 980,940,574 6,930,501,767
Short-term investments 570,000,000 87,356,322  
Accounts receivable, net - related parties 410,358,136 62,890,136 520,503,579
Accounts receivable, net - third parties 4,534,758,279 694,982,112 5,266,350,650
Notes receivable - related party 33,001,402 5,057,686 18,628,574
Notes receivable, net - third parties 1,051,561,153 161,158,797 1,529,800,657
Advances to suppliers - third parties 1,002,613,083 153,657,177 2,522,373,453
Inventories, net 8,376,935,829 1,283,821,583 5,818,788,985
Foreign exchange forward contract receivables 183,146,199 28,068,383 52,281,183
Other receivables - related parties 23,756,223 3,640,800 54,318,280
Held-for-sale assets 0 0 1,170,817,846
Prepayments and other current assets 3,020,592,138 462,925,998 1,573,481,940
Total current assets 33,682,131,475 5,162,012,485 31,688,246,703
Non-current assets:      
Restricted long-term investments 1,389,194,457 212,903,365 531,157,976
Accounts receivable, net - third parties 26,404,958 4,046,737 0
Project assets, net 645,354,723 98,904,938 798,243,129
Investments in affiliates 194,257,539 29,771,270 278,021,287
Property, plant and equipment, net 12,455,443,559 1,908,880,239 10,208,204,549
Land use rights, net 760,961,584 116,622,465 597,922,450
Intangible assets, net 35,837,648 5,492,360 36,395,056
Deferred tax assets 255,107,432 39,096,924 271,286,263
Financing lease right-of-use assets, net 829,122,192 127,068,535 1,259,713,215
Operating lease right-of-use assets, net 316,512,346 48,507,639 317,903,640
Call option related to convertible senior notes 756,929,181 116,004,472 294,177,634
Other assets - related parties 107,318,909 16,447,342 96,753,306
Other assets - third parties 1,777,798,867 272,459,596 1,466,692,145
Total non-current assets 19,550,243,395 2,996,205,882 16,156,470,650
Total assets 53,232,374,870 8,158,218,367 47,844,717,353
Current liabilities:      
Accounts payable - related parties 14,113,577 2,163,000 36,309,710
Accounts payable - third parties 4,436,495,099 679,922,621 4,952,629,856
Notes payable - third parties 9,334,876,307 1,430,632,384 7,518,569,682
Accrued payroll and welfare expenses 995,054,181 152,498,725 879,465,292
Advances from related parties 0 0 748,615
Advances from third parties 2,451,495,092 375,708,060 4,350,380,332
Income tax payable 73,720,203 11,298,115 117,422,380
Foreign exchange forward derivatives payables 17,894,719 2,742,486 3,856,561
Convertible senior notes - current 1,831,612,124 280,706,839  
Financing lease liabilities - current 272,329,554 41,736,330 227,613,208
Operating lease liabilities - current 48,244,010 7,393,718 40,043,113
Short-term borrowings, including current portion of long-term borrowings, and failed sale-leaseback financing 8,238,530,781 1,262,610,081 9,047,249,911
Other payables and accruals - third parties 3,408,395,342 522,359,435 3,055,929,756
Other payables - related parties 71,515,404 10,960,215 13,127,352
Guarantee liabilities to related parties 22,519,228 3,451,223 25,687,692
Held-for-sale liabilities 0 0 1,008,195,707
Total current liabilities 31,216,795,621 4,784,183,232 31,277,229,167
Non-current liabilities:      
Long-term borrowings 7,301,535,829 1,119,009,322 1,586,187,165
Finance lease obligations and others 0 0  
Long-term payables 97,372 14,923  
Accrued warranty costs - non-current 769,331,650 117,905,234 651,968,415
Financing lease liabilities - non-current 313,087,663 47,982,784 583,490,228
Operating lease liabilities - non-current 277,239,113 42,488,753 279,534,370
Convertible senior notes 0 0 728,215,869
Deferred tax liability 328,713,193 50,377,501 250,733,941
Guarantee liabilities to related parties - non-current 34,812,446 5,335,241 46,331,673
Total non-current liabilities 9,024,817,266 1,383,113,758 4,126,461,661
Total liabilities 40,241,612,887 6,167,296,990 35,403,690,828
Commitment and contingencies
Shareholders' equity:      
Ordinary shares (USD0.00002 par value, 500,000,000 shares authorized, 180,653,497 and 190,380,309 shares issued as of December 31, 2019 and December 31, 2020, respectively, 178,930,297 and 187,434,469 shares outstanding as of December 31, 2019 and December 31, 2020, respectively.) 26,052 3,993 24,767
Additional paid-in capital 5,251,244,630 804,788,449 4,582,849,862
Statutory reserves 692,008,508 106,054,944 689,706,737
Accumulated other comprehensive income (128,615,450) (19,711,180) 62,952,198
Treasury stock, at cost; 1,723,200 and 2,945,840 ordinary shares as of December 31, 2019 and December 31, 2020, respectively. (43,169,878) (6,616,073) (13,875,553)
Retained earnings 4,216,350,412 646,183,971 3,981,660,004
Total JinkoSolar Holding Co., Ltd. shareholders' equity 9,987,844,274 1,530,704,104 9,303,318,015
Non-controlling interests 3,002,917,709 460,217,273 3,137,708,510
Total shareholders' equity 12,990,761,983 1,990,921,377 12,441,026,525
Total liabilities, redeemable non-controlling interest and shareholders' equity ¥ 53,232,374,870 $ 8,158,218,367 ¥ 47,844,717,353