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EARNINGS/(LOSS) PER SHARE
12 Months Ended
Dec. 31, 2012
EARNINGS/(LOSS) PER SHARE [Abstract]  
EARNINGS/(LOSS) PER SHARE
18. EARNINGS/(LOSS) PER SHARE

 

Basic earnings/(loss) per share and diluted earnings/(loss) per share have been calculated as follows:

 

    2010     2011     2012  
    RMB     RMB     RMB  
Numerator:                        
Net income/(loss) attributable to JinkoSolar Holding Co., Ltd.     881,873,227       273,342,819       (1,542,422,068 )
Series A Redeemable Convertible Preferred Shares accretion     (13,433,242 )     -       -  
Series B Redeemable Convertible Preferred Shares accretion     (17,479,734 )     -       -  
Allocation to preferred shareholders     (15,156,606 )     -       -  
Net income / (loss) attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders-Basic     835,803,645       273,342,819       (1,542,422,068 )
Dilutive effect of Preferred Shares     46,069,582       -       -  
Dilutive effect of convertible senior notes interest     -       19,855,810       -  
Dilutive effect of exchange gain on convertible senior notes     -       (21,567,522 )     -  
Dilutive effect of change in fair value of convertible senior notes     -       (398,030,217 )     -  
Net income / (loss) attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders-Diluted     881,873,227       (126,399,110 )     (1,542,422,068 )
                         
Denominator:                        
Denominator for basic calculation-weighted average number of ordinary shares outstanding     74,896,543       93,966,535       88,752,706  
Dilutive effect of share options     1,131,653       1,367,900       -  
Dilutive effect of preferred shares     4,719,884       -       -  
Dilutive effect of convertible senior notes     -       7,352,536       -  
Denominator for diluted calculation-weighted average number of ordinary shares outstanding     80,748,080       102,686,971       88,752,706  
                         
Basic earnings/(loss) per share attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders     11.16       2.91       (17.38 )
Diluted earnings/(loss) per share attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders     10.92       (1.23 )     (17.38 )

 

As of December 31, 2010, there were no anti-dilutive securities.

 

As of December 31, 2011 and 2012, the Company's average stock price for the period was below the strike price of the call options; therefore the call options were not included in the computation of diluted EPS because of their anti-dilutive effect.

 

As of December 31, 2012, the Company was in the loss situation, therefore the convertible bonds and share options were not included in the computation of diluted EPS because of its anti-dilutive effect.