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JinkoSolar Holding Co., Ltd.: 20-F filed 2021-04-28

What JinkoSolar Holding Co., Ltd. reported in its annual report (foreign private issuer) filed 2021-04-28 (fiscal FY 2020): 55 published measures, 187 facts as tagged in accession 0001104659-21-056532.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2021-04-28
Fiscal period
fiscal FY 2020
Accession
0001104659-21-056532 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All JinkoSolar Holding Co., Ltd. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2020-12-3153,232,374,870CNY
At 2019-12-3147,844,717,353CNY
At 2020-12-318,158,218,367USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2020-12-3140,241,612,887CNY
At 2019-12-3135,403,690,828CNY
At 2020-12-316,167,296,990USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2020-12-319,987,844,274CNY
At 2019-12-319,303,318,015CNY
At 2020-12-311,530,704,104USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2020-12-317,481,678,114CNY
At 2019-12-315,653,853,691CNY
At 2020-12-311,146,617,335USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-01-01 to 2020-12-31230,384,653CNY366
2019-01-01 to 2019-12-31898,662,226CNY365
2018-01-01 to 2018-12-31406,478,694CNY365
2020-01-01 to 2020-12-3135,307,993USD366

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-01-01 to 2020-12-31591,486,340CNY366
2019-01-01 to 2019-12-311,410,642,923CNY365
2018-01-01 to 2018-12-31614,545,806CNY365
2020-01-01 to 2020-12-3190,649,247USD366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-01-01 to 2020-12-314,055,059,787CNY366
2019-01-01 to 2019-12-313,297,539,820CNY365
2018-01-01 to 2018-12-312,421,517,272CNY365
2020-01-01 to 2020-12-31621,465,102USD366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2020-01-01 to 2020-12-316,297,278,555CNY366
2019-01-01 to 2019-12-317,381,818,013CNY365
2018-01-01 to 2018-12-313,972,608,274CNY365
2020-01-01 to 2020-12-31965,100,162USD366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-01-01 to 2020-12-31-4,918,689,701CNY366
2019-01-01 to 2019-12-31-6,025,288,715CNY365
2018-01-01 to 2018-12-31-3,934,825,126CNY365
2020-01-01 to 2020-12-31-753,822,176USD366

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2020-01-01 to 2020-12-31178,938,853shares366
2019-01-01 to 2019-12-31169,363,306shares365
2018-01-01 to 2018-12-31153,806,379shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2020-01-01 to 2020-12-31171,438,853shares366
2019-01-01 to 2019-12-31166,567,757shares365
2018-01-01 to 2018-12-31154,704,166shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2020-01-01 to 2020-12-311.29CNY/shares366
2019-01-01 to 2019-12-315.31CNY/shares365
2018-01-01 to 2018-12-312.64CNY/shares365
2020-01-01 to 2020-12-310.2USD/shares366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2020-01-01 to 2020-12-31-1.36CNY/shares366
2019-01-01 to 2019-12-314.85CNY/shares365
2018-01-01 to 2018-12-312.63CNY/shares365
2020-01-01 to 2020-12-31-0.21USD/shares366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-01-01 to 2020-12-31178,410,780CNY366
2019-01-01 to 2019-12-31277,979,001CNY365
2018-01-01 to 2018-12-314,409,523CNY365
2020-01-01 to 2020-12-3127,342,648USD366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2020-12-3112,455,443,559CNY
At 2019-12-3110,208,204,549CNY
At 2020-12-311,908,880,239USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2020-01-01 to 2020-12-31922,868CNY366
2019-01-01 to 2019-12-314,578,315CNY365
2018-01-01 to 2018-12-3129,307,903CNY365
2020-01-01 to 2020-12-31141,436USD366

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-12-311,784,947,362CNY366
2019-01-01 to 2019-12-311,729,626,511CNY365
2018-01-01 to 2018-12-31644,926,824CNY365
2020-01-01 to 2020-12-31273,555,151USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2020-12-3133,682,131,475CNY
At 2019-12-3131,688,246,703CNY
At 2020-12-315,162,012,485USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-01-01 to 2020-12-31705,158,872CNY366
2019-01-01 to 2019-12-31605,882,474CNY365
2018-01-01 to 2018-12-31429,347,129CNY365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2020-12-3131,216,795,621CNY
At 2019-12-3131,277,229,167CNY
At 2020-12-314,784,183,232USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2020-12-314,436,495,099CNY
At 2019-12-314,952,629,856CNY
At 2020-12-31679,922,621USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2020-12-314,534,758,279CNY
At 2019-12-315,266,350,650CNY
At 2020-12-31694,982,112USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-01-01 to 2020-12-314,386,713,170CNY366
2019-01-01 to 2019-12-313,702,059,110CNY365
2018-01-01 to 2018-12-312,868,818,098CNY365
2020-01-01 to 2020-12-31672,293,206USD366

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2020-12-318,376,935,829CNY
At 2019-12-315,818,788,985CNY
At 2020-12-311,283,821,583USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2020-01-01 to 2020-12-316,171,660,532CNY366
2019-01-01 to 2019-12-315,431,685,621CNY365
2018-01-01 to 2018-12-313,513,744,922CNY365
2020-01-01 to 2020-12-31945,848,357USD366

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2020-01-01 to 2020-12-3128,957,798,084CNY366
2019-01-01 to 2019-12-3124,314,602,138CNY365
2018-01-01 to 2018-12-3121,528,868,419CNY365
2020-01-01 to 2020-12-314,437,976,718USD366

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2020-01-01 to 2020-12-31389,192,056CNY366
2019-01-01 to 2019-12-31324,434,526CNY365
2018-01-01 to 2018-12-31366,576,571CNY365
2020-01-01 to 2020-12-3159,646,292USD366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2020-12-31187,434,469shares
At 2019-12-31178,930,297shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2020-12-318,074,771,785CNY
At 2019-12-316,273,958,429CNY
At 2018-12-313,482,027,573CNY
At 2017-12-312,761,374,804CNY
At 2020-12-311,237,512,917USD
At 2019-12-31961,526,196USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2020-12-315,251,244,630CNY
At 2019-12-314,582,849,862CNY
At 2020-12-31804,788,449USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2020-12-31-128,615,450CNY
At 2019-12-3162,952,198CNY
At 2020-12-31-19,711,180USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2020-12-3112,990,761,983CNY
At 2019-12-3112,441,026,525CNY
At 2018-12-318,453,977,940CNY
At 2017-12-316,689,263,042CNY
At 2020-12-311,990,921,377USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-12-31316,512,346CNY
At 2019-12-31317,903,640CNY
At 2020-12-3148,507,639USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2020-12-31325,483,123CNY
At 2019-12-31319,577,483CNY

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2020-12-317,983,127,817CNY

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2020-12-3115,611,103,021CNY
At 2019-12-3112,899,352,492CNY

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2020-12-313,863,719,503CNY
At 2019-12-313,497,199,736CNY

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2020-12-3135,837,648CNY
At 2019-12-3136,395,056CNY
At 2020-12-315,492,360USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2020-12-311,777,798,867CNY
At 2019-12-311,466,692,145CNY
At 2020-12-31272,459,596USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2020-12-313,020,592,138CNY
At 2019-12-311,573,481,940CNY
At 2020-12-31462,925,998USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2020-12-312,451,495,092CNY
At 2019-12-314,350,380,332CNY
At 2020-12-31375,708,060USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2020-12-31328,713,193CNY
At 2019-12-31250,733,941CNY
At 2020-12-3150,377,501USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2020-01-01 to 2020-12-31335,255,274CNY366
2019-01-01 to 2019-12-31924,352,495CNY365
2018-01-01 to 2018-12-31405,575,533CNY365
2020-01-01 to 2020-12-3151,380,119USD366

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2020-01-01 to 2020-12-3138,817,005CNY366
2019-01-01 to 2019-12-31891,313,526CNY365
2018-01-01 to 2018-12-31453,483,594CNY365
2020-01-01 to 2020-12-315,948,966USD366

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2020-01-01 to 2020-12-311,409,371,207CNY366
2019-01-01 to 2019-12-311,059,026,633CNY365
2018-01-01 to 2018-12-31779,423,027CNY365
2020-01-01 to 2020-12-31215,995,587USD366

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2020-01-01 to 2020-12-311,160,851,059CNY366
2019-01-01 to 2019-12-31737,584,653CNY365
2018-01-01 to 2018-12-31802,022,200CNY365
2020-01-01 to 2020-12-31177,908,208USD366

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2020-01-01 to 2020-12-3110,176,591CNY366
2019-01-01 to 2019-12-316,822,339CNY365
2018-01-01 to 2018-12-314,212,569CNY365
2020-01-01 to 2020-12-311,559,631USD366

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2020-01-01 to 2020-12-312,292,191CNY366
2019-01-01 to 2019-12-3117,873,433CNY365
2018-01-01 to 2018-12-3125,817,059CNY365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2020-01-01 to 2020-12-3184,252,697CNY366
2019-01-01 to 2019-12-31-13,644,773CNY365
2018-01-01 to 2018-12-31111,335,455CNY365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2020-01-01 to 2020-12-3194,158,083CNY366
2019-01-01 to 2019-12-31291,623,774CNY365
2018-01-01 to 2018-12-31-106,925,932CNY365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2020-01-01 to 2020-12-31670,159,522CNY366
2019-01-01 to 2019-12-31575,397,291CNY365
2018-01-01 to 2018-12-31370,697,228CNY365
2020-01-01 to 2020-12-31102,706,440USD366

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2019-01-01 to 2019-12-31488,950,795CNY365
2019-05-01 to 2019-05-31488,950,000CNY31
2018-01-01 to 2018-12-31663,235,987CNY365
2019-05-01 to 2019-05-3170,900,000USD31
2018-02-01 to 2018-02-2871,100,000USD28

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2020-01-01 to 2020-12-3150,403,567CNY366
2019-01-01 to 2019-12-3150,758,114CNY365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-12-31-362,086,656CNY366
2019-01-01 to 2019-12-31-168,487,767CNY365
2018-01-01 to 2018-12-31905,161,935CNY365
2020-01-01 to 2020-12-31-55,492,208USD366

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-12-312,822,713,480CNY366
2019-01-01 to 2019-12-31209,819,715CNY365
2018-01-01 to 2018-12-311,690,466,292CNY365
2020-01-01 to 2020-12-31432,599,767USD366

Inspect the source

Entity
JinkoSolar Holding Co., Ltd. / CIK 0001481513
Captured
2026-09-20T09:09:00.181Z
SEC response SHA-256
e025e5ef586dc18ef889fb7cd958a87ad6c0b79696ec740ff7ab5389d22adbd2

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001481513.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))