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JA Solar Holdings Swings to Profit in Q4 and Hits 52-Week High

By  +Follow March 17, 2014 7:32AM
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JA Solar Holdings (JASO) , a small-cap Chinese company that manufactures solar panels, released a highly-anticipated Q4 2013 earnings report on Monday and didn’t disappoint, swinging to profit and reaching a new 52-week high in early trading.

JA Solar Holdings reported profits, notable for a company that hasn’t been in the black since 2010. The improvements over Q3 of 2013 were dramatic.

JA Solar reported profits of $0.16 per share, up from a $0.37 a share loss just a quarter earlier. Net revenue climbed to $357.3 million from $290.5 million in Q3. The company shipped 665.5 megawatts of capacity in the quarter, well above Q3’s 500.2 MW and the high end of previously issued guidance which was 550 MW.

"The growth from China and Japan is definitely sustainable as more than 80 percent of their revenue has come from the Asia Pacific region," S&P Capital analyst Angelo Zino said.

Shares gapped up $1.40 apiece to $12.82 with the opening bell, and kept gaining until they peaked out at $13.14 a share, the highest level they’ve reached in two years. This comes after speculation about this earnings report drove shares higher on Friday. The stock retreated from its peak, but was still trading up more than 5 percent at about $12 a share by early afternoon.

Volume was also extremely heavy on Monday, with more than 15 million shares moved by 1 pm compared to an average daily volume of just over 2.5 million shares.

"We continued to perform well in all of our key regions in the fourth quarter, notably China, which is proving to be one of the cornerstone markets of global solar demand," said CEO Baofang Jin in a statement.

JA Solar Holdings has taken full advantage of the salad days for solar that date back to the bottom of the market in late 2012. Despite the brewing trade war between the United States and China, solar has shown tremendous growth over the last 18 months. Since the start of 2013, shares in JA Solar Holdings have nearly triple in value.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for JASO
chartguy89
31 Oct 14 22:30:06
JASO 8.37 Stock Charts $JASO JA Solar Holdings Co. Ltd. ADS (NASDAQ) Last Updated: 11/01/2014 00:30:06 JASO St http://t.co/GwtDxcX5e9
stockblaster14
31 Oct 14 20:13:02
JA Solar Holdings Co. (JASO) 8.37 $JASO Shares of JASO Down 8.6% Since Downtrend Call on Shares Comtex SmarTre http://t.co/t87C2HzKOX
wininstocks2014
31 Oct 14 19:46:13
JASO 8.37 Stock Charts $JASO JA Solar Holdings Co. Ltd. ADS (NASDAQ) Last Updated: 10/31/2014 21:46:13 JASO St http://t.co/j6Pfa58zoJ
Stock Relay
31 Oct 14 14:17:57
$MHYS Investor Opinions Click Here: http://t.co/KhnE7bycSx Also See: $SSO $SLV $JASO $DRYS ~
Stock Relay
31 Oct 14 13:54:29
$MBLY Last Price Click Here: http://t.co/BBVF6qU0jT Also See: $PLUG $TNA $XLF $JASO ~
Small Cap Trader
31 Oct 14 13:11:11
$plug $trtc $monif $jrjc $jaso $gtatq market momo
Stock Relay
31 Oct 14 12:56:42
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lookn4wins
31 Oct 14 12:54:09
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IH News Desk
31 Oct 14 12:53:55
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clayton
31 Oct 14 12:51:48
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lookn4wins
31 Oct 14 12:43:17
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jim50
31 Oct 14 12:42:40
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Stock Relay
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charlie
31 Oct 14 12:36:07
Sold $JASO 8.36 +.1%
Stock Relay
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31 Oct 14 11:34:11
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Stock Relay
31 Oct 14 11:28:41
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Stock Relay
31 Oct 14 11:27:08
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IH News Desk
31 Oct 14 08:44:47
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Theneeds Stocks
31 Oct 14 08:15:18
RT @ACInvestorBlog: $FSLR $YGE $CSIQ $JKS $HSOL $JASO EU mulling anti-circumvention measures on Asia solar exports, says report http://t.co…
charlie
31 Oct 14 07:15:40
Long $JASO 8.35
lookn4wins
31 Oct 14 06:47:03
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Analyst Ratings
31 Oct 14 06:45:32
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IH News Desk
31 Oct 14 06:37:08
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Stock Relay
31 Oct 14 05:30:53
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31 Oct 14 05:02:09
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31 Oct 14 04:49:08
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Ani Anirudhan
31 Oct 14 03:44:38
RT @ACInvestorBlog: $FSLR $YGE $CSIQ $JKS $HSOL $JASO EU mulling anti-circumvention measures on Asia solar exports, says report http://t.co…
Stock Relay
31 Oct 14 03:35:15
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clayton
31 Oct 14 03:29:14
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Alex Galan
31 Oct 14 02:21:21
RT @ACInvestorBlog: $FSLR $YGE $CSIQ $JKS $HSOL $JASO EU mulling anti-circumvention measures on Asia solar exports, says report http://t.co…
Antonio Costa
31 Oct 14 02:18:45
$FSLR $YGE $CSIQ $JKS $HSOL $JASO EU mulling anti-circumvention measures on Asia solar exports, says report http://t.co/X3HRgAFFg8
jim50
31 Oct 14 02:09:15
$DRYS Day Low Click Here: http://t.co/2tZQudHuMz Also See: $JASO $EPI $ITB $KRED ~
IH News Desk
31 Oct 14 01:59:45
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Stock Relay
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31 Oct 14 01:02:51
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nasdaqfan
31 Oct 14 00:31:38
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Stock Relay
30 Oct 14 22:05:00
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IH NASDAQ OMX
30 Oct 14 21:51:00
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Stock Relay
30 Oct 14 21:40:11
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lookn4wins
30 Oct 14 21:22:53
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nasdaqfan
30 Oct 14 20:44:38
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Stock Relay
30 Oct 14 20:14:37
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Stock Relay
30 Oct 14 19:30:14
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Rosner Stocks
30 Oct 14 17:32:30
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IH NASDAQ OMX
30 Oct 14 17:28:46
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Stock Relay
30 Oct 14 14:13:36
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Stock Forums
30 Oct 14 14:08:18
$LVS Market Cap Click Here: http://t.co/MW6WwhqNHF Also See: $RIG $JASO $NM $NUGT ~
				
				
By  +Follow March 17, 2014 7:32AM
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