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ADDITIONAL INFORMATION-CONDENSED FINANCIAL STATEMENTS OF THE PARENT COMPANY (Tables)
12 Months Ended
Dec. 31, 2012
ADDITIONAL INFORMATION-CONDENSED FINANCIAL STATEMENTS OF THE PARENT COMPANY [Abstract]  
Condensed Balance Sheets

Condensed balance sheets:

 

    December 31, 2011     December 31, 2012     December 31, 2012  
    RMB     RMB     USD  
                (Note 2 (aj))  
ASSETS                  
Current assets:                        
Cash and cash equivalents     17,279,974       2,260,713       362,869  
Due from subsidiaries     583,271,399       545,695,322       87,590,139  
Other current assets     33,681,614       27,551,909       4,422,386  
Total current assets     634,232,987       575,507,944       92,375,394  
Investments in subsidiaries     2,703,338,634       1,325,667,558       212,784,315  
Capped call option     16,408,445       16,131,208       2,589,237  
Total assets     3,353,980,066       1,917,306,710       307,748,946  
                         
LIABILITIES                        
Current liabilities:                        
Due to subsidiaries     65,331,777       61,197,969       9,822,952  
Other current liabilities     5,680,539       7,404,779       1,188,549  
Total current liabilities     71,012,316       68,602,748       11,011,501  
Convertible senior notes     387,777,235       483,581,668       77,620,210  
Total liabilities     458,789,551       552,184,416       88,631,711  
Shareholders' Equity                        
Ordinary shares (US$0.00002 par value, 500,000,000 shares authorized, 89,435,058 and 88,758,778 shares issued and outstanding as of December 31, 2011and 2012, respectively)     13,200       13,202       2,119  
Additional paid-in capital     1,507,224,827       1,524,728,796       244,735,846  
Treasury stock, at cost; 1,028,920 and 1,723,200 shares of ordinary shares as of December 31, 2011 and 2012, respectively     (8,354,423 )     (13,875,553 )     (2,227,180 )
Retained earnings/(accumulated losses)     1,396,441,522       145,980,546       23,431,494  
Accumulated other comprehensive loss     (134,611 )     236,395       37,944  
Total Shareholders' Equity     2,895,190,515       1,365,122,294       219,117,235  
                         
Total liabilities and shareholders' equity     3,353,980,066       1,917,306,710       307,748,946  

 

Condensed Statements of Operations

Condensed statements of operations:

 

    Year ended December 31,  
    2010     2011     2012     2012  
    RMB     RMB     RMB     USD  
                      (Note 2 (aj))  
Net revenues     -       -       -       -  
Cost of revenues     -       -       -       -  
                                 
Gross profit     -       -       -       -  
                                 
Total operating expenses     (5,867,589 )     (7,319,613 )     (8,459,461 )     (1,357,838 )
                                 
Loss from operations     (5,867,589 )     (7,319,613 )     (8,459,461 )     (1, 357,838 )
Convertible senior notes issuance costs     -       (24,463,052 )     -       -  
Share of income /(loss) from subsidiaries and affiliates     884,060,266       26,457,224       (1,405,807,872 )     (225,647,722 )
Interest income/(expense), net     1,342       (19,844,874 )     (31,043,624 )     (4,982,847 )
Exchange gain/(loss)     291,950       (1,204,936 )     49,615       7,964  
Other expense     3,332,320       (29,637 )     -       -  
Change in fair value of embedded derivative     54,938       -       -       -  
Change in fair value of convertible senior notes and capped call option     -       299,747,707       (97,160,726 )     (15,595,372 )
Income before income tax expenses     881,873,227       273,342,819       (1,542,422,068 )     (247,575,815 )
Income tax expenses     -       -       -       -  
Net income for the year     881,873,227       273,342,819       (1,542,422,068 )     (247,575,815 )
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     835,803,645       273,342,819       (1,542,422,068 )     (247,575,815 )

 

Condensed Statements of Cash Flows

Condensed statements of cash flows:

 

    For the years ended  
    2010     2011     2012     2012  
    RMB     RMB     RMB     USD  
                      (Note 2 (al))  
Cash flows from operating activities:                                
Net income     881,873,227       273,342,819       (1,542,422,068 )     (247,575,815 )
Adjustments to reconcile net income to net cash provided by (used in) operating activities:                                
Change in fair value of embedded derivatives     (54,938 )     -       -       -  
Change in fair value of convertible senior notes     -       (398,030,217 )     96,851,674       15,545,766  
Change in fair value of capped call option     -       98,282,510       309,052       49,606  
Share of (income)/loss from subsidiaries     (884,060,266 )     (26,457,224 )     1,405,807,872       225,647,722  
Exchange (gain)/loss     (291,950 )     1,204,936       (49,615 )     (7,964 )
Changes in operating assets and liabilities:                                
(Increase)/decrease in due from subsidiaries     (1,662,280 )     (571,729,995 )     27,696,952       4,445,668  
Decrease/(increase) in other current assets     2,795,634       2,567,600       769,436       123,503  
Increase in due to a subsidiary     16,417,507       44,435,210       (4,133,808 )     (663,522 )
(Decrease)/increase in other current liabilities     (886,756 )     (19,959,953 )     647,916       104,000  
Net cash from/(used in) operating activities     14,130,178       (596,344,314 )     (14,522,589 )     (2,331,036 )
                                 
Cash flows from investing activities:                                
Investments in subsidiaries     (821,266,865 )     -       (543,555 )     (87,247 )
Net cash used in investing activities     (821,266,865 )     -       (543,555 )     (87,247 )
                                 
Cash flows from financing activities:                                
Proceeds from issuance of ordinary shares     814,286,284       -       -       -  
Proceeds from exercise of share options     2,076,090       3,759,081       -       -  
Proceeds from issuance of convertible senior notes     -       812,525,000       -       -  
Repurchase of convertible senior notes     -       (5,222,773 )     -       -  
Cash paid for capped call option     -       (117,003,600 )     -       -  
Prepayment for share repurchase     -       (31,924,842 )     -       -  
Repurchase of common stock     -       (56,857,774 )     -       -  
Net cash provided by financing activities     816,362,374       605,275,092       -       -  
Effect of foreign exchange rate changes on cash     (141,556 )     (734,935 )     46,883       7,525  
Net increase in cash     9,084,131       8,195,843       (15,019,261 )     (2,410,758 )
Cash and cash equivalents, beginning of year     -       9,084,131       17,279,974       2,773,627  
Cash and cash equivalents, end of year     9,084,131       17,279,974       2,260,713       362,869  
                                 
Supplemental disclosure of non-cash investing and financing cash flow information                                
Shares repurchase utilized prepayment made in prior year     -       -       5,521,130       886,202  
Proceeds from exercise of share options received in subsequent year     -       -       160,861       25,820