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CONSOLIDATED BALANCE SHEETS
Dec. 31, 2016
CNY (¥)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 2,501,417,491 $ 360,279,057 ¥ 2,392,591,132
Restricted cash 318,784,923 45,914,579 555,723,874
Restricted short-term investments 3,333,450,365 480,116,717 1,160,518,067
Short-term investments 71,301,081 10,269,492 29,427,066
Accounts receivable, net - related parties 1,414,084,059 203,670,468 60,973,795
Accounts receivable, net - third parties 4,753,715,319 684,677,419 2,690,519,049
Notes receivable, net - related parties 610,200,000 87,887,081
Notes receivable, net - third parties 915,314,761 131,832,747 515,441,932
Advances to suppliers - related parties 661,788 95,317 1,021,128
Advances to suppliers - third parties 325,766,259 46,920,101 251,389,853
Inventories, net 4,473,514,697 644,320,135 3,203,325,042
Forward contract receivables 640,876 92,305 7,038,537
Other receivables - related parties 79,124,874 11,396,352
Capped call options 17,490,323
Deferred tax assets - current 130,675,655 18,821,209 79,100,567
Prepayments and other current assets 766,644,253 110,419,740 715,448,906
Held-for-sale assets 10,814,794,855
Total current assets 19,695,296,401 2,836,712,719 22,494,804,126
Non-current assets:      
Restricted cash - non-current 197,214,485 28,404,794 160,218,100
Project assets, net 55,063,496 7,930,793
Investments in affiliates 7,200,000 1,037,016 7,200,000
Property, plant and equipment, net 4,738,681,353 682,512,077 3,766,435,564
Land use rights, net 450,940,595 64,948,955 349,914,140
Intangible assets, net 20,296,727 2,923,337 20,472,447
Deferred tax assets - non-current 134,791,362 19,413,994 117,802,910
Other assets - related parties 173,375,586 24,971,278
Other assets - third parties 617,779,748 88,978,791 227,701,217
Total non-current assets 6,395,343,352 921,121,035 4,649,744,378
Total assets 26,090,639,753 3,757,833,754 27,144,548,504
Current liabilities:      
Accounts payable - related parties 1,478,529
Accounts payable - third parties 4,290,070,506 617,898,676 3,783,304,934
Notes payable - third parties 4,796,766,263 690,878,045 1,924,495,767
Accrued payroll and welfare expenses 582,275,670 83,865,140 454,210,855
Advances from related parties 60,541,490 8,719,788
Advances from third parties 1,376,919,487 198,317,656 1,299,491,407
Income tax payable 168,111,676 24,213,118 106,001,988
Forward contract payables 4,295,737
Convertible senior notes - current 423,739,708 61,031,212 650,916,976
Deferred tax liabilities - current 17,074,064 2,459,177 9,266,399
Derivative liability - current 10,364,075 1,492,737
Bond payable and accrued interests 866,725,777
Short-term borrowings, including current portion of long-term bank borrowings 5,488,629,040 790,527,011 2,589,864,128
Other payables and accruals 1,019,420,371 146,827,075 898,173,587
Other payables - related parties 76,033,573 10,951,112 4,992,975
Guarantee liabilities to related parties 52,710,970 7,591,959
Held-for-sale liabilities 6,029,222,824
Total current liabilities 18,362,656,893 2,644,772,706 18,622,441,883
Non-current liabilities:      
Long-term borrowings 488,519,559 70,361,452 1,308,679,827
Long-term payables 44,015,631 6,339,569
Warrant liability 68,377,608
Accrued warranty costs - non-current 511,208,557 73,629,347 329,236,560
Convertible senior notes 856,064,385
Deferred tax liability - non current 50,650,530 7,295,194 25,220
Guarantee liabilities to related parties - non current 173,375,586 24,971,278
Total non-current liabilities 1,267,769,863 182,596,840 2,562,383,600
Total liabilities 19,630,426,756 2,827,369,546 21,184,825,483
Commitment and contingencies
Redeemable non-controlling interests 1,607,925,732
Shareholders' equity:      
Ordinary shares (US$0.00002 par value, 500,000,000 shares authorized, 127,197,130 and 128,456,466 shares issued as of December 31, 2015 and December 31, 2016, respectively, 125,473,930 and 126,733,266 shares outstanding as of December 31, 2015 and December 31,2016, respectively.) 17,881 2,575 17,711
Additional paid-in capital 3,145,262,253 453,011,991 2,924,336,179
Statutory reserves 466,252,857 67,154,380 351,763,271
Accumulated other comprehensive income 104,784,173 15,092,060 12,582,041
Treasury stock, at cost: 1,723,200 shares of ordinary shares as of December 31, 2015 and 2016, respectively (13,875,553) (1,998,495) (13,875,553)
Retained earnings 2,758,267,275 397,273,120 1,047,044,597
Total JinkoSolar Holding Co., Ltd. Shareholders' equity 6,460,708,886 930,535,631 4,321,868,246
Non-controlling interests (495,889) (71,423) 29,929,043
Total shareholders' equity 6,460,212,997 930,464,208 4,351,797,289
Total liabilities, redeemable non-controlling interest and shareholders' equity ¥ 26,090,639,753 $ 3,757,833,754 ¥ 27,144,548,504