Jinkosolar holding co., ltd. (JKS)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Total revenues

4,068,816

3,082,333

2,481,781

1,608,246

1,169,340

769,613

1,173,350

Cost of revenues

3,609,021

2,525,032

1,977,010

1,247,217

931,907

732,336

990,657

Gross profit

459,795

557,300

504,770

361,028

237,433

37,276

182,692

Selling and marketing

292,233

206,544

176,689

123,942

81,375

55,120

53,763

General and administrative

72,367

112,165

102,384

68,316

38,014

122,117

66,722

Provision for advance to suppliers

0

115

0

434

0

36,447

-

Impairment of long-lived assets

0

18,079

0

1,002

590

10,509

-

Research and development

45,202

26,084

22,178

17,185

10,816

11,068

4,765

Goodwill impairment

-

-

-

-

0

0

7,252

Total operating expenses

409,803

362,989

301,252

210,880

130,797

235,264

132,503

Income from operations

49,991

194,311

203,517

150,148

106,636

-197,988

50,189

Interest expenses, net

-37,737

-51,749

-59,579

-46,363

-36,899

-35,588

-28,996

Convertible senior notes issuance costs

-

0

0

4,198

0

0

-

Subsidy income

22,734

24,290

15,989

8,023

1,252

6,565

4,060

Exchange (loss)/gain, net

-17,574

30,075

-18,174

-23,701

-6,354

-5,854

-22,083

Other income, net

9,167

1,262

53

-272

1,135

684

4,489

Investment gain/(loss)

-

-

-

-

-

0

-

Investment income

0

706

-

-

-

-

-

Gain on disposal of subsidiaries

39

722

-

-

-

-

-

Income from continuing operations before income taxes

22,881

179,709

-

-

-

-

-

Income before income taxes and equity in (loss)/income of affiliated companies

-

-

147,965

93,851

38,594

-249,228

56,308

Income tax expenses

711

37,085

17,268

-21,650

3,061

-1,431

12,881

Equity in loss of affiliated companies

-315

-

2,110

1,539

-4,231

-2

-

Income from continuing operations, net of tax

21,854

142,623

-

-

-

-

-

Discontinued operations
Gain on disposal of discontinued operations before income taxes

0

145,165

-

-

-

-

-

Income from discontinued operations before income taxes

0

6,934

-

-

-

-

-

Income tax expense, net

0

7,844

-

-

-

-

-

Income from discontinued operations, net of tax

0

144,255

-

-

-

-

-

Net income

21,854

286,878

132,807

117,041

31,301

-247,799

43,427

Less: Net income/(loss) attributable to the non-controlling interests from continuing operations

74

-62

-

-

-

-

-

Less: Net income attributable to the non-controlling interests from discontinued operations

0

870

-

-

-

-

-

Deemed dividend to a preferred shareholder

-

-

-

-

-

0

-

Less: Allocation of net income to participating preferred shares issued by discontinued operations

-

-

-

-

-

0

-

Less: Net income attributable to the non-controlling interests

-

-

649

137

244

-223

-2

Less: Accretion to redemption value of redeemable non-controlling interests of discontinued operations

0

22,969

26,604

-

-

-

-

Less: Accretion to redemption value of redeemable non-controlling interests

-

-

-

8,432

-

-

-

Net income attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders

21,779

263,100

105,553

108,471

31,057

-247,575

43,429

Net income attributable to JinkoSolar Holding Co., Ltd.s ordinary shareholders per share from continuing operations -
Net income attributable to JinkoSolar Holding Co., Ltd.s ordinary shareholders per share from continuing operations -
Basic

0.17

1.13

-

-

-

-

-

Diluted

0.17

1.10

-

-

-

-

-

Net income attributable to JinkoSolar Holding Co., Ltd.s ordinary shareholders per ADS from continuing operations -
Basic

0.68

4.52

-

-

-

-

-

Diluted

0.68

4.40

-

-

-

-

-

Net income attributable to JinkoSolar Holding Co., Ltd.s ordinary shareholders per share from discontinued operations -
Basic

0.00

0.96

-

-

-

-

-

Diluted

0.00

0.92

-

-

-

-

-

Net income attributable to JinkoSolar Holding Co., Ltd.s ordinary shareholders per ADS from discontinued operations -
Basic

0.00

3.84

-

-

-

-

-

Diluted

0.00

3.68

-

-

-

-

-

Net income/(loss) attributable to JinkoSolar Holding Co., Ltd.'s ordinary shareholders

-

-

-

-

-

-247,575

43,429

Basic

-

-

0.85

0.88

0.33

-2.79

0.46

Diluted

-

-

0.83

0.62

0.32

-2.79

-0.20

Basic

-

-

3.40

3.52

1.32

-11.16

1.85

Diluted

-

-

3.32

2.48

1.28

-11.16

-0.78

Weighted average ordinary shares outstanding
Basic

128,944

125,870

124,618

122,980

94,018

88,752

93,966

Diluted

131,687

130,590

127,802

153,786

96,035

88,752

102,686