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CONSOLIDATED BALANCE SHEETS
Dec. 31, 2017
CNY (¥)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 1,928,302,849 $ 296,374,721 ¥ 2,501,417,491
Restricted cash 833,071,955 128,040,815 318,784,923
Restricted short-term investments 3,237,772,923 497,636,587 3,333,450,365
Short-term investments 2,684,530 412,605 71,301,081
Accounts receivable, net - related parties 2,113,042,060 324,768,618 1,414,084,059
Accounts receivable, net - third parties 4,497,634,528 691,273,770 4,753,715,319
Notes receivable, net - related parties 610,200,000
Notes receivable, net - third parties 571,231,826 87,796,724 915,314,761
Advances to suppliers - related parties 661,788
Advances to suppliers - third parties 397,076,248 61,029,502 325,766,259
Inventories, net 4,273,729,991 656,860,273 4,473,514,697
Forward contract receivables 640,876
Other receivables - related parties 46,592,198 7,161,090 79,124,874
Deferred tax assets - current 130,675,655
Prepayments and other current assets 1,706,717,271 262,317,640 766,644,253
Total current assets 19,607,856,379 3,013,672,345 19,695,296,401
Non-current assets:      
Restricted cash - non-current 248,672,003 38,220,187 197,214,485
Project assets, net 473,731,224 72,811,156 55,063,496
Investments in affiliates 22,321,863 3,430,808 7,200,000
Property, plant and equipment, net 6,680,187,156 1,026,725,967 4,738,681,353
Land use rights, net 443,269,172 68,129,224 450,940,595
Intangible assets, net 25,742,411 3,956,536 20,296,727
Deferred tax assets - non-current 275,372,108 42,323,918 134,791,362
Other assets - related parties 146,025,979 22,443,782 173,375,586
Other assets - third parties 713,226,373 109,620,886 617,779,748
Total non-current assets 9,028,548,289 1,387,662,464 6,395,343,352
Total assets 28,636,404,668 4,401,334,809 26,090,639,753
Current liabilities:      
Accounts payable - related parties 5,328,896 819,036
Accounts payable - third parties 4,658,202,091 715,952,552 4,290,070,506
Notes payable - third parties 5,672,496,637 871,846,770 4,796,766,263
Accrued payroll and welfare expenses 721,380,096 110,874,091 582,275,670
Advances from related parties 37,399,944 5,748,266 60,541,490
Advances from third parties 748,958,838 115,112,866 1,376,919,487
Income tax payable 27,779,845 4,269,684 168,111,676
Forward contract payables 4,520,619 694,806
Convertible senior notes - current 423,739,708
Deferred tax liabilities - current 17,074,064
Derivative liability - current 26,486,388 4,070,883 10,364,075
Bond payable and accrued interests 10,256,583 1,576,408
Short-term borrowings, including current portion of long-term bank borrowings 6,204,440,312 953,605,015 5,488,629,040
Other payables and accruals 1,804,799,594 277,392,618 1,019,420,371
Other payables - related parties 12,333,484 1,895,622 76,033,573
Guarantee liabilities to related parties 28,033,530 4,308,675 52,710,970
Total current liabilities 19,962,416,857 3,068,167,292 18,362,656,893
Non-current liabilities:      
Long-term borrowings 379,788,937 58,372,491 488,519,559
Accrued income tax - non-current 6,041,195 928,515
Long-term payables 538,410,044 82,752,109 44,015,631
Bond payables 298,425,000 45,867,083
Accrued warranty costs - non-current 571,718,223 87,871,482 511,208,557
Convertible senior notes 65,342 10,043
Deferred tax liability - non current 70,121,943 10,777,545 50,650,530
Guarantee liabilities to related parties - non current 120,154,085 18,476,345 173,375,586
Total non-current liabilities 1,984,724,769 305,046,613 1,267,769,863
Total liabilities 21,947,141,626 3,373,213,905 19,630,426,756
Commitment and contingencies
Redeemable non-controlling interests
Shareholders' equity:      
Ordinary shares (US$0.00002 par value, 500,000,000 shares authorized, 128,456,466 and 133,869,274 shares issued as of December 31, 2016 and December 31, 2017, respectively, 126,733,266 and 132,146,074 shares outstanding as of December 31, 2016 and December 31, 2017, respectively.) 18,604 2,859 17,881
Additional paid-in capital 3,313,608,385 509,292,284 3,145,262,253
Statutory reserves 516,885,853 79,443,901 466,252,857
Accumulated other comprehensive income 23,295,998 3,580,529 104,784,173
Treasury stock, at cost; 1,723,200 ordinary shares as of December 31, 2016 and December 31, 2017 (13,875,553) (2,132,633) (13,875,553)
Retained earnings 2,849,339,968 437,935,534 2,758,267,275
Total JinkoSolar Holding Co., Ltd. Shareholders' equity 6,689,273,255 1,028,122,474 6,460,708,886
Non-controlling interests (10,213) (1,570) (495,889)
Total shareholders' equity 6,689,263,042 1,028,120,904 6,460,212,997
Total liabilities, redeemable non-controlling interest and shareholders' equity ¥ 28,636,404,668 $ 4,401,334,809 ¥ 26,090,639,753