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CONSOLIDATED STATEMENTS OF OPERATIONS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Total revenues ¥ 118,678,591 $ 16,715,530 ¥ 83,127,296 ¥ 40,826,521
Cost of revenues (99,630,956) (14,032,727) (70,848,983) (34,168,686)
Gross profit 19,047,635 2,682,803 12,278,313 6,657,835
Selling and marketing (6,819,305) (960,479) (7,241,888) (2,856,465)
General and administrative (4,583,837) (645,620) (3,508,678) (1,963,562)
Impairment of long-lived assets (640,004) (90,143) (373,732) (273,713)
Research and development (911,869) (128,434) (724,769) (461,590)
Total operating expenses (12,955,015) (1,824,676) (11,849,067) (5,555,330)
Income from operations 6,092,620 858,127 429,246 1,102,505
Interest expenses (1,171,136) (164,952) (1,079,409) (838,320)
Interest income 553,531 77,962 588,706 214,291
Subsidy income 1,175,000 165,565 1,089,435 465,685
Exchange gain/(loss), net 938,092 132,127 1,025,891 (355,499)
Other income, net 26,134 3,681 1,571 1,911
Income before income taxes 7,490,165 1,054,966 1,976,709 1,089,903
Income tax expenses (1,260,285) (177,507) (605,278) (194,140)
Equity in income of affiliated companies 222,674 31,363 193,708 59,809
Net income 6,452,554 908,822 1,565,139 955,572
Less: Net income attributable to the non-controlling interests (3,005,111) (423,261) (944,633) (234,554)
Net income attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders ¥ 3,447,443 $ 485,561 ¥ 620,506 ¥ 721,018
Net income attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders per share-        
Basic | (per share) ¥ 16.60 $ 2.34 ¥ 3.13 ¥ 3.78
Diluted | (per share) 15.23 2.15 3.10 2.01
Net income attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders per ADS-        
Basic | (per share) ¥ 66.39 $ 9.35 ¥ 12.54 ¥ 15.12
Diluted 60.90 8.58 12.38 8.02
Weighted average ordinary shares outstanding        
Basic 207,705,476 207,705,476 198,004,260 190,672,869
Diluted 226,113,084 226,113,084 200,408,494 205,719,772
Number of ordinary shares per ADS 4 4    
Third parties        
Total revenues ¥ 118,309,650 $ 16,663,566 ¥ 82,794,101 ¥ 40,794,758
Related parties        
Total revenues 368,941 51,964 333,195 31,763
Foreign exchange forward contracts        
Change in fair value of foreign exchange options (389,166) (54,813) (164,356) 288,880
Foreign exchange option        
Change in fair value of foreign exchange options 74,307 10,466 (4,163) 18,809
long-term investment        
Change in fair value of foreign exchange options 221,473 31,194 101,871  
Convertible senior notes and call option        
Change in fair value of foreign exchange options ¥ (31,188) $ (4,393) ¥ (12,083) ¥ 191,641