XML 128 R105.htm IDEA: XBRL DOCUMENT v3.24.1.u1
BORROWINGS - Long-term narrative (Details)
¥ in Thousands, € in Millions
1 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2023
CNY (¥)
Aug. 31, 2022
CNY (¥)
Jan. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Oct. 31, 2021
CNY (¥)
Sep. 30, 2021
CNY (¥)
Jul. 31, 2021
CNY (¥)
Aug. 31, 2020
Jul. 31, 2020
CNY (¥)
Apr. 30, 2020
CNY (¥)
Sep. 30, 2020
CNY (¥)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Sep. 30, 2024
EUR (€)
Dec. 31, 2023
EUR (€)
Oct. 31, 2020
CNY (¥)
BORROWINGS                                  
Long-term Debt ¥ 13,926,847                     ¥ 13,926,847          
Loans payable to bank 4,459,363                     4,459,363 ¥ 3,329,075        
Loans payable to bank, current 724,006                     724,006 969,811        
Short-term borrowings 13,583,774 [1]                     13,583,774 [1] 12,419,170        
Balance due on first year ¥ 2,688,041                     2,688,041          
Investment Company | Jinko Energy Storage Technology Co., Ltd.                                  
BORROWINGS                                  
Equity interest that will be repurchased (as a percent) 49.00%                                
JinkoSolar (Chuzhou) Co., Ltd. ("Jinko Chuzhou")                                  
BORROWINGS                                  
Term of loan agreement           5 years 5 years                    
Aggregate principal amount           ¥ 100,000 ¥ 150,000                    
Interest rate (in %)           4.35% 4.35%                    
Long-term Debt ¥ 288,000                     288,000 701,000        
Ownership interest held                   45.00%              
Fixed annual return (as a percent)               4.35%                  
Equity interest that will be repurchased (as a percent)               45.00%                  
Noncontrolling interest derecognized                     ¥ 859,000            
New loan liabilities at fair value                     846,000            
Amount repaid                       410,000          
JinkoSolar (Yiwu) Co., Ltd. ("Jinko Yiwu")                                  
BORROWINGS                                  
Long-term Debt 668,000                     668,000 ¥ 754,000        
Fixed annual return (as a percent)               6.00%                  
Equity interest that will be repurchased (as a percent)               45.00%                  
Noncontrolling interest derecognized                     779,000            
New loan liabilities at fair value                     818,000            
Amount repaid                       100,000          
JinkoSolar (Yiwu) Co., Ltd. ("Jinko Yiwu") | Government Background Companies                                  
BORROWINGS                                  
Capital injections                       765,000          
JinkoSolar (Shangrao) Co., Ltd. ("Jinko Shangrao") | Government Background Companies                                  
BORROWINGS                                  
Interest rate (in %)                         10.00%        
Net book value collateralized 1,679,000                     1,679,000 ¥ 2,059,000        
Carrying value of the loan                         0        
Capital injections         ¥ 50,000 ¥ 150,000       ¥ 4,500,000              
Fixed annual return (as a percent)         5.18% 5.18% 5.18%                    
Amount repaid                       366,000          
JinkoSolar (Sichuan) Co., Ltd. ("Jinko Sichuan")                                  
BORROWINGS                                  
Long-term Debt 1,223,000                     1,223,000 1,535,000        
Fixed annual return (as a percent)                                 6.00%
Noncontrolling interest derecognized                     ¥ 997,000            
New loan liabilities at fair value                                 ¥ 1,114,000
Amount repaid                       300,000          
JinkoSolar (Sichuan) Co., Ltd. ("Jinko Sichuan") | Government Background Companies                                  
BORROWINGS                                  
Capital injections             ¥ 100,000         1,300,000          
Financings associated with failed sale lease back transactions                                  
BORROWINGS                                  
Long-term Debt 1,222,281                     1,222,281 2,595,686        
Current portion of debt 468,195                     468,195 1,132,645        
Carrying amount of solar project sold 58,000                     58,000 1,761,000        
Cash consideration received on sale of solar project                       ¥ 75,000 ¥ 1,768,000        
Financings associated with failed sale lease back transactions | Minimum                                  
BORROWINGS                                  
Lease term                         1 year        
Financings associated with failed sale lease back transactions | Maximum                                  
BORROWINGS                                  
Lease term                         6 years        
Loan agreement with The Export-Import Bank of China                                  
BORROWINGS                                  
Term of loan agreement                       2 years          
Aggregate principal amount ¥ 200,000                     ¥ 200,000       € 28  
Interest rate (in %) 3.10%                     3.10%       3.10%  
Long-term Debt ¥ 220,000                     ¥ 220,000     € 28    
2-year loan agreement with the Export-Import Bank of China, one                                  
BORROWINGS                                  
Term of loan agreement                       2 years          
Aggregate principal amount ¥ 786,000                     ¥ 786,000       € 100  
Interest rate (in %) 4.80%                     4.80%       4.80%  
Long-term Debt ¥ 786,000                     ¥ 786,000       € 100  
2-year loan agreement with the Export-Import Bank of China, two                                  
BORROWINGS                                  
Term of loan agreement                       2 years          
Aggregate principal amount ¥ 100,000                     ¥ 100,000          
Interest rate (in %) 3.30%                     3.30%       3.30%  
Long-term Debt ¥ 100,000                     ¥ 100,000          
7-year loan agreement with Industrial Bank Co.,Ltd                                  
BORROWINGS                                  
Term of loan agreement                         7 years        
Aggregate principal amount                         ¥ 31,000        
Interest rate (in %)                         3.95%        
Other long term borrowings                                  
BORROWINGS                                  
Long-term Debt 8,245,203                     8,245,203 ¥ 9,200,490        
Current portion of debt 1,495,840                     1,495,840          
Rui Xu's Loan Agreement With Government Background Company                                  
BORROWINGS                                  
Term of loan agreement         5 years 5 years                      
Aggregate principal amount         ¥ 20,000 ¥ 20,000                      
Interest rate (in %)         5.05% 5.05%                      
Long-term Debt 42,000                     ¥ 42,000 40,000        
Loan Agreement With Ping An International Financial Leasing Co., Ltd                                  
BORROWINGS                                  
Term of loan agreement                 2 years     5 years          
Aggregate principal amount ¥ 157,000               ¥ 49,263,000     ¥ 157,000          
Interest rate (in %) 3.80%                     3.80%       3.80%  
Long-term Debt ¥ 157,000                     ¥ 157,000          
Jiangxi Jinko Loan Agreement With Shangrao Changxi Trade Co.,Ltd                                  
BORROWINGS                                  
Long-term Debt 200,000                     200,000          
Loan Agreement with Deutsche Bank Co.,LTD                                  
BORROWINGS                                  
Term of loan agreement                           3 years      
Loan Agreement With Haining Jinko                                  
BORROWINGS                                  
Term of loan agreement   5 years         5 years                    
Aggregate principal amount   ¥ 1,000,000         ¥ 690,000                    
Interest rate (in %)   5.06%         10.00%                    
Long-term Debt 2,591,000                     2,591,000 ¥ 2,695,000        
Loan Agreement With Anhui Jinko                                  
BORROWINGS                                  
Term of loan agreement         6 years               6 years        
Aggregate principal amount         ¥ 455,000                        
Interest rate (in %)         5.58%                        
Long-term Debt 381,000                     381,000 ¥ 680,000        
Amount repaid                       300,000          
Loan Agreement With Yushan Jinko                                  
BORROWINGS                                  
Term of loan agreement     6 years 6 years 6 years                        
Aggregate principal amount     ¥ 100,000 ¥ 100,000 ¥ 200,000                 ¥ 100,000      
Interest rate (in %)     4.90% 4.90% 4.90%                 4.90%      
Long-term Debt 375,000                     ¥ 375,000 ¥ 378,000        
5-year loan agreements with Industrial Bank Co.,LTD                                  
BORROWINGS                                  
Term of loan agreement                       5 years 5 years        
Aggregate principal amount ¥ 500,000                     ¥ 500,000 ¥ 190,000        
Interest rate (in %) 3.30%                     3.30% 4.30%     3.30%  
Long-term Debt ¥ 71,000                     ¥ 71,000 ¥ 138,000        
Net book value collateralized                         73,000        
Balance due on first year 26,000                     26,000 18,000        
Balance due on second year 24,000                     24,000          
5-year loan agreements with Industrial Bank Co.,LTD | Land Use Rights                                  
BORROWINGS                                  
Net book value collateralized 103,000                     103,000          
5-year loan agreements with Industrial Bank Co.,LTD, one                                  
BORROWINGS                                  
Term of loan agreement                           5 years      
Aggregate principal amount       ¥ 100,000                 ¥ 25,000 ¥ 100,000      
Interest rate (in %)       5.30%                 4.80% 5.30%      
Long-term Debt ¥ 500,000     ¥ 73,000               ¥ 500,000 ¥ 90,000 ¥ 73,000      
5-year loan agreements with Industrial Bank Co.,LTD, two                                  
BORROWINGS                                  
Term of loan agreement                         5 years        
Aggregate principal amount       ¥ 19,000                 ¥ 92,000 ¥ 19,000      
Interest rate (in %) 4.60%     5.30%               4.60%   5.30%   4.60%  
Long-term Debt ¥ 153,000                     ¥ 153,000 181,000        
Balance due on first year 41,000                     41,000          
5-year loan agreements with Industrial Bank Co.,LTD, three                                  
BORROWINGS                                  
Aggregate principal amount                         ¥ 21,000        
Interest rate (in %)                         4.60%        
3-year loan agreement with Industrial Bank Co. Ltd                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Interest rate (in %)                         4.10%        
Long-term Debt                         ¥ 149,000        
Revolving loan facility                                  
BORROWINGS                                  
Long-term Debt 366,000                     366,000 397,000        
Balance due on first year 58,000                     58,000 ¥ 27,000        
Maximum aggregate principal amount 2,400,000                     2,400,000          
Amount drew down                       397,000          
3-year loan agreement with Bank of Shanghai Co.,Ltd                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Aggregate principal amount                         ¥ 100,000        
Interest rate (in %)                         3.65%        
Long-term Debt 90,000                     ¥ 90,000 ¥ 100,000        
Net book value collateralized                         ¥ 10,000        
3-year loan agreement with China Construction Bank                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Aggregate principal amount                         ¥ 80,000        
Interest rate (in %)                         4.10%        
2-year loan agreement with China Construction Bank                                  
BORROWINGS                                  
Term of loan agreement                       2 years          
Aggregate principal amount ¥ 30,000                     ¥ 30,000          
Interest rate (in %) 3.10%                     3.10%       3.10%  
Long-term Debt ¥ 30,000                     ¥ 30,000          
2-year loan agreement with China Construction Bank | Land Use Rights                                  
BORROWINGS                                  
Net book value collateralized 8,000                     8,000          
2-year loan agreement with China Construction Bank | Buildings                                  
BORROWINGS                                  
Net book value collateralized 5,000                     ¥ 5,000          
13-month loan agreement with China Construction Bank                                  
BORROWINGS                                  
Term of loan agreement                       13 months          
Aggregate principal amount ¥ 100,000                     ¥ 100,000          
Interest rate (in %) 3.25%                     3.25%       3.25%  
Long-term Debt ¥ 100,000                     ¥ 100,000          
13-month loan agreement with China Construction Bank, one                                  
BORROWINGS                                  
Term of loan agreement                       3 months          
Aggregate principal amount ¥ 366,000                     ¥ 366,000          
Interest rate (in %) 3.26%                     3.26%       3.26%  
Long-term Debt ¥ 366,000                     ¥ 366,000          
Balance due on first year 12,000                     ¥ 12,000          
3-year loan agreement with Industrial and Commercial Bank of China                                  
BORROWINGS                                  
Term of loan agreement                       3 years          
Aggregate principal amount ¥ 150,000                     ¥ 150,000          
Interest rate (in %) 3.20%                     3.20%       3.20%  
Long-term Debt ¥ 145,000                     ¥ 145,000          
Balance due on first year 45,000                     ¥ 45,000          
3-year loan agreement with Industrial Bank of China                                  
BORROWINGS                                  
Term of loan agreement                       3 years          
Aggregate principal amount ¥ 80,000                     ¥ 80,000          
Interest rate (in %) 3.90%                     3.90%       3.90%  
Long-term Debt ¥ 80,000                     ¥ 80,000          
3-year loan agreement with Industrial Bank of China | Land Use Rights                                  
BORROWINGS                                  
Net book value collateralized 15,000                     15,000          
3-year loan agreement with Industrial Bank of China | Buildings                                  
BORROWINGS                                  
Net book value collateralized 77,000                     ¥ 77,000          
3-year loan agreement with Industrial Bank Co.,LTD                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Aggregate principal amount                         ¥ 150,000        
Interest rate (in %)                         4.10%        
Long-term Debt                         ¥ 38,000        
Balance due on first year                         366,000        
3-year loan agreement with Industrial Bank Co.,LTD | Land Use Rights                                  
BORROWINGS                                  
Net book value collateralized                         400,000        
3-year loan agreement with Industrial Bank Co.,LTD | Buildings                                  
BORROWINGS                                  
Net book value collateralized                         60        
3-year loan agreement with Industrial Bank Co.,LTD, one                                  
BORROWINGS                                  
Aggregate principal amount                         100,000        
3-year loan agreement with Industrial Bank Co.,LTD, two                                  
BORROWINGS                                  
Aggregate principal amount                         100,000        
3-year loan agreement with Industrial Bank Co.,LTD, three                                  
BORROWINGS                                  
Aggregate principal amount                         ¥ 200,000        
10-year loan agreement with Industrial Bank Co.,LTD                                  
BORROWINGS                                  
Term of loan agreement                       10 years          
Aggregate principal amount ¥ 319,000                     ¥ 319,000          
Interest rate (in %) 3.80%                     3.80%       3.80%  
Long-term Debt ¥ 319,000                     ¥ 319,000          
10-year loan agreement with Industrial Bank Co.,LTD | Buildings                                  
BORROWINGS                                  
Net book value collateralized 721,000                     721,000          
3-year loan agreement with China Everbright Bank                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Aggregate principal amount                         ¥ 50,000        
Interest rate (in %)                         3.65%        
Long-term Debt 48,000                     48,000 ¥ 50,000        
Balance due on first year                         ¥ 500        
3-year loan agreement with China Everbright bank Co., ltd                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Aggregate principal amount                         ¥ 240,000        
Interest rate (in %)                         4.00%        
Long-term Debt                         ¥ 240,000        
3-year loan agreement with Hua Xia Bank                                  
BORROWINGS                                  
Term of loan agreement                         3 years        
Aggregate principal amount                         ¥ 70,000        
Interest rate (in %)                         3.40%        
Long-term Debt 1,000                     1,000 ¥ 70,000        
Balance due on first year                         ¥ 10,000        
5-year loan agreement with Fudian Bank                                  
BORROWINGS                                  
Term of loan agreement                         5 years        
Aggregate principal amount                         ¥ 17,000        
Interest rate (in %)                         5.10%        
Long-term Debt                         ¥ 16,000        
Balance due on first year                         ¥ 3,000        
2-year loan agreement with China Everbright Bank                                  
BORROWINGS                                  
Term of loan agreement                         2 years        
Aggregate principal amount                         ¥ 50,000        
Interest rate (in %)                         3.50%        
4-year loan agreement with China CITIC Bank                                  
BORROWINGS                                  
Term of loan agreement                         4 years        
Aggregate principal amount                         ¥ 164,000        
Interest rate (in %)                         3.65%        
Long-term Debt 157,000                     157,000 ¥ 160,000        
Net book value collateralized                         159,000        
Balance due on first year 48,000                     ¥ 48,000 ¥ 4,000        
2-year loan agreement with Bank of Communications                                  
BORROWINGS                                  
Term of loan agreement                       2 years 2 years        
Aggregate principal amount ¥ 50,000                     ¥ 50,000 ¥ 100,000        
Interest rate (in %) 3.30%                     3.30% 3.65%     3.30%  
Long-term Debt ¥ 49,500                     ¥ 49,500          
Net book value collateralized                         ¥ 110,000        
3-year loan agreement with Minsheng Bank                                  
BORROWINGS                                  
Term of loan agreement                       3 years          
Aggregate principal amount ¥ 200,000                     ¥ 200,000          
Interest rate (in %) 3.30%                     3.30%       3.30%  
Long-term Debt ¥ 200,000                     ¥ 200,000          
5-year loan agreement with Minsheng Bank                                  
BORROWINGS                                  
Term of loan agreement                       5 years          
Aggregate principal amount ¥ 93,000                     ¥ 93,000          
Interest rate (in %) 3.30%                     3.30%       3.30%  
Long-term Debt ¥ 89,000                     ¥ 89,000          
Balance due on first year 10,000                     ¥ 10,000          
5-year loan agreement with Minsheng Bank, One                                  
BORROWINGS                                  
Term of loan agreement                       5 years          
Aggregate principal amount ¥ 242,000                     ¥ 242,000          
Interest rate (in %) 3.30%                     3.30%       3.30%  
Long-term Debt ¥ 232,000                     ¥ 232,000          
Balance due on first year ¥ 27,000                     ¥ 27,000          
[1] RMB175 million collateralized on certain inventories of the Group, RMB257 million collateralized on certain inventiories and account receivables of the Group, RMB160 million collateralized on the Group’s certain building and land use right, RMB359 million collateralized on the Group’s certain equipment.