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CONSOLIDATED STATEMENTS OF CASH FLOWS
12 Months Ended
Dec. 31, 2017
CNY (¥)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
CNY (¥)
Dec. 31, 2015
CNY (¥)
Cash flows from operating activities:        
Net income ¥ 142,191,365 $ 21,854,412 ¥ 1,991,799,815 ¥ 860,299,088
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:        
Change in fair value of derivative liability _ rate cap 16,122,313 2,477,954 10,364,075 0
Change in fair value of derivative liability _ warrant liability 0 0 (34,937,341) 2,096,024
Share-based compensation charge 64,867,902 9,970,014 203,269,631 112,714,385
Deferred income taxes (7,507,742) (1,153,919) 22,048,774 (6,554,493)
Depreciation of property, plant and equipment 600,541,219 92,301,495 449,079,007 393,162,784
Depreciation of project assets 3,094,909 475,679 328,213,389 228,972,745
Amortization of land use rights 8,935,579 1,373,373 7,895,001 6,300,488
Amortization of intangible assets 3,481,991 535,172 3,202,787 2,223,458
Amortization for guarantee liability (65,935,450) (10,134,094) (9,641,685) 0
Inventories provision 313,711,534 48,216,580 439,000,231 98,791,960
Provision/(reversal of provision) for allowance of doubtful accounts (111,917,157) (17,201,352) 82,676,843 (54,356,588)
Provision/(reversal of provision) for other receivables 0 0 (11,666,061) 21,923,756
Provision for advance to suppliers 799,899
Loss/(Gain) on disposal of property, plant and equipment (82,411,232) (12,666,374) 33,072,876 12,476,763
Amortization of deferred losses related to sales leaseback transactions 14,714,339 2,261,552 0 0
Gain on disposal of land use right 0 0 (3,727,161) (3,013,258)
Loss on disposal of intangible assets 1,936,959 297,705 1,159,217 614,295
Impairment of long-lived assets 0 0 125,524,021 0
Equity in income of affiliated companies 2,055,669 315,951 (15,265,937) (13,669,112)
Gain on disposal of investment in Jiangxi Jinko Engineering 0 0 (1,007,884,060) 0
Gain on disposal of investment in subsidiaries-others (257,070) (39,511) (5,017,888) 0
Investment income (4,902,527) 0
Exchange loss/(gain), net 114,344,622 17,574,447 (183,370,195) 117,731,731
Changes in operating assets and liabilities (net of impact of disposition):        
(Increase)/decrease in accounts receivable - third parties 226,217,542 34,769,000 (2,859,160,553) (63,566,502)
(Increase)/decrease in accounts receivable - related parties (698,958,001) (107,427,877) (180,834,464) 113,560,001
(Increase)/decrease in notes receivable - third parties 181,406,314 27,881,640 (426,101,401) (440,110,991)
Decrease in notes receivable - related parties 0 0 141,000,000 0
Increase in advances to suppliers - third parties (74,386,502) (11,432,996) (82,394,136) (169,276,751)
Decrease in advances to suppliers - related party 661,788 101,715 359,340 162,640
Increase in inventories (114,224,770) (17,556,026) (2,001,046,682) (1,410,968,951)
Decrease in other receivables - related parties 54,876,832 8,434,415 168,593,218 163,499
Increase in prepayments and other current assets (695,828,766) (106,946,923) (7,621,260) (52,933,157)
Increase in other assets-third parties (1,276,503) (196,195) (182,430,305) (304,202,544)
Increase in other assets-related parties 0 0 (173,375,586) 0
Increase in accounts payable - third parties 390,360,108 59,997,250 885,107,922 591,977,556
Increase/ (decrease) in accounts payable - related parties 5,328,896 819,036 (89,639,759) 0
Increase in accrued payroll and welfare expenses 139,104,426 21,379,959 142,568,241 163,166,447
Increase/(decrease) in advances from - third parties (622,123,401) (95,618,616) 170,803,277 873,434,523
Increase/(decrease) in advances from - related parties (23,141,546) (3,556,790) 60,541,490 0
Increase/(decrease) in income tax payables (140,331,831) (21,568,608) 62,620,224 30,252,380
Increase in accrued income tax - non - current 6,041,195 928,515 0 0
Increase/(decrease) in other payables and accruals - third parties 230,391,245 35,410,486 (9,666,219) 201,251,124
Increase/(decrease) in other payables and accruals - related parties (63,700,089) (9,790,524) 50,870,317 (2,584,341)
Net cash provided by/(used in) operating activities (177,092,694) (27,218,649) (1,802,967,740) 1,339,049,528
Cash flows from investing activities:        
Maturity of restricted short-term investments 5,901,412,560 907,030,503 2,289,203,055 2,480,496,062
Maturity of short-term investments 260,263,302 40,001,737 45,332,883 114,248,971
Proceeds from disposal of property, plant and equipment 49,391,037 7,591,263 8,999,454 7,138,759
Proceeds from disposal of land use right 8,600,520 1,321,876 36,095,570 0
Cash received from call spread 0 0 16,941,535 0
Cash disposed of, net of cash received from related party, for disposal of Jiangxi Jinko Engineering 0 0 (606,102,556) 0
Cash received from disposal of JinkoSolar Thailand 2,380,069 365,810 0 0
(Increase)/ decrease in restricted cash (51,147,446) (7,861,219) 179,371,409 (120,202,572)
Purchase of property, plant and equipment (2,178,471,031) (334,824,867) (1,975,362,827) (860,606,902)
Cash paid for project assets (386,300,595) (59,373,314) (1,956,477,672) (2,129,264,757)
Cash paid for deposits related to construction of solar projects 0 0 (161,972,465) (3,505,573)
Cash paid for investment in affiliates (16,879,589) (2,594,345) 0 0
Refund of deposit for acquisition of subsidiaries 0 0 0 10,000,000
Cash paid for land use rights (27,264,156) (4,190,424) (106,971,456) (44,158,932)
Purchase of intangible assets (10,864,634) (1,669,864) (7,474,367) (13,462,651)
Purchase of restricted short-term investments (5,805,735,118) (892,325,149) (4,462,135,353) (2,640,760,590)
Purchase of short-term investments (191,646,751) (29,455,566) (166,559,593) (31,676,037)
Cash paid for call spread 0 0 (4,761,603) (7,647,843)
Cash disposed of, net of cash received from third parties, for disposal of investment in subsidiaries 0 0 (106,712,599) 0
Cash acquired, net of cash paid to third parties, for the acquisition of subsidiaries 0 0 69,606,835 (75,235,668)
Cash collected for disposal of Zhejiang Leasing 13,068,400 2,008,576 0 0
Net cash used in investing activities (2,433,193,432) (373,974,983) (6,908,979,750) (3,314,637,733)
Cash flows from financing activities:        
Cash received from borrowings from sales lease back 600,000,000 92,218,311 0 0
Repayment of borrowings from sales lease back (168,267,236) (25,862,201) 0 0
Proceeds from exercise of share options 69,929,453 10,747,960 21,730,663 7,613,965
Proceeds from issuance of Bonds 297,900,000 45,786,392 0 0
Payment of deposit for lease (64,920,000) (9,978,021) 0 0
Cash received from borrowings with embedded warrants 0 0 0 862,138,360
Proceeds from bank borrowings 18,288,363,067 2,810,869,937 21,182,867,659 10,140,339,042
Repayment of bank borrowings (16,851,550,800) (2,590,035,934) (13,345,699,597) (7,030,645,681)
Increase in notes payable 875,730,374 134,597,294 2,477,804,347 61,318,108
Repurchase of convertible senior notes (422,829,295) (64,987,673) (1,218,706,405) (113,025,510)
Repayment of borrowings with embedded warrants 0 0 (902,949,503) 0
Repurchase of warrant 0 0 (35,696,581) 0
Repayment of bonds payable 0 0 (800,000,000) 0
Change in restricted cash for notes payable (514,597,104) (79,092,127) 75,710,650 (77,105,818)
Net cash provided by financing activities 2,109,758,459 324,263,938 7,455,061,233 3,850,632,466
Effect of foreign exchange rate changes on cash and cash equivalents (72,586,975) (11,156,414) 74,639,667 31,599,153
Net increase/(decrease) in cash and cash equivalents (573,114,642) (88,086,108) (1,182,246,590) 1,906,643,414
Cash balance recorded in held-for-sale assets 0 0 1,291,072,949 0
Cash and cash equivalents, beginning of year 2,501,417,491 384,460,829 2,392,591,132 1,777,020,667
Cash and cash equivalents, end of year 1,928,302,849 296,374,721 2,501,417,491 2,392,591,132
Supplemental disclosure of cash flow information        
Cash paid for income tax 189,477,968 29,122,230 250,150,235 115,062,404
Cash paid for interest expenses (net of amounts capitalized) 283,965,214 43,644,654 670,525,723 412,040,750
Supplemental disclosure of non-cash investing and financing cash flow information        
Purchases of property, plant and equipment included in other payables 793,515,334 121,961,074 385,399,199 309,342,683
Purchases of project assets included in other payables 77,809,001 11,959,024 0 1,185,512,052
Utilization of prior year’s prepayment for the repurchase of convertible senior notes 0 0 0 25,471,153
Proceeds from exercise of share options received in subsequent period 39,685,283 6,184,495 6,135,783 10,210,003
Other receivables related to disposition of subsidiaries - related parties 28,634 4,401 0 0
Other receivables related to disposition of subsidiaries - third party 169,931,600 26,118,009 185,380,069 0
Other receivables related to disposal of property, plant and equipment - third party 111,500,000 17,137,236 0 0
Change in fair value of derivative forward contracts        
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:        
Change in fair value 4,520,619 694,806 (5,096,607) 14,068,932
Convertible Senior Notes [Member]        
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:        
Change in fair value 0 0 92,015,957 8,400,918
Capped Call Options [Member]        
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:        
Change in fair value 0 0 18,226,535 6,170,282
Call spread options [Member]        
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:        
Change in fair value ¥ 0 $ 0 ¥ 0 ¥ 370,437