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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
ProTradersNews
31 Jan 15 07:51:05
$JASO: Stocks Trending Alert - JA Solar (JASO),HONG KONG EXCH ...: http://t.co/gn9vJvzTwE
StockNewsWires
31 Jan 15 07:16:02
$JASO: Stocks in the News - JA Solar (JASO), Sumitomo Mitsui Trust ...: http://t.co/Z5qmrNtW03
Robert
31 Jan 15 06:27:47
RT @theflynews: RBC Capital upgrades and raises price targets on solar energy stocks $SPWR $JASO and $TSL. More here: http://t.co/yZl6uE3VT4
Patrick
31 Jan 15 05:33:37
RT @theflynews: RBC Capital upgrades and raises price targets on solar energy stocks $SPWR $JASO and $TSL. More here: http://t.co/yZl6uE3VT4
HotKeyTrading
31 Jan 15 05:07:21
Upgraded: $SYNA $EPAY $TSL $JASO $LRN $TGI $IVZ $ISIL $FRPT $SPIL $IIVI $WDC $ABMD $CAT $WWE http://t.co/Vv2VEnpBuv #stockpicks #trader
OTPicks.com
30 Jan 15 21:25:08
http://t.co/NYsxQOU64w clayton: JASO 8.00 JA Solar Holdings Co. $JASO added to my: clayton http://t.co/53tdF4EXCM http://t.co/NYsxQOU64w
OTPicks.com
30 Jan 15 21:25:06
http://t.co/QkCFZ8YF3c clayton: JASO 8.00 JA Solar Holdings Co. $JASO added to my: clayton http://t.co/mnensFbn2N http://t.co/QkCFZ8YF3c
iHangout
30 Jan 15 20:38:38
clayton: Cheeky's Board!: JASO 8.00 JA Solar Holdings Co. $JASO added to my http://t.co/wPNMIEJWeX
iHangout
30 Jan 15 20:38:37
clayton: $JASO Ja Solar Holdings Co.: JASO 8.00 JA Solar Holdings Co. $JASO stock added http://t.co/3atyhphzF8
Extreme Stocks
30 Jan 15 20:36:18
clayton: JASO 8.00 JA Solar Holdings Co. $JASO added to my http://t.co/jadZ9hLaau
clayton
30 Jan 15 20:28:26
JASO 8.00 JA Solar Holdings Co. $JASO added to my watch list. Right now with JASO I am watching the last price http://t.co/m0IDgJvxya
clayton
30 Jan 15 20:28:04
$JASO JASO 8.00 JA Solar Holdings Co. $JASO stock added to my watch list. Right now with JASO I am watching the last http://t.co/W4eSNlp5aB
HotKeyTrading
30 Jan 15 17:07:22
Upgraded: $SYNA $EPAY $TSL $JASO $LRN $TGI $IVZ $ISIL $FRPT $SPIL $IIVI $WDC $ABMD $CAT $WWE http://t.co/TRx9EnjwT5 #trading #wallstreet
Chris B
30 Jan 15 15:03:49
Went long $JASO common @ 7.82 today. #SolarEnergy
Scott Oles
30 Jan 15 14:47:03
Solar upgrades: $SPWR, $JASO, $TSL
Swing Trade Alert
30 Jan 15 12:18:39
THEFLYNEWS:RBC Capital upgrades and raises price targets on solar energy stocks $SPWR $JASO and $TSL. More here: http://t.co/ZNx4dCrTlZ
StockNewsWires
30 Jan 15 12:11:05
$JASO: JA Solar Holdings Co., Ltd. Upgraded by RBC Capital to ...: http://t.co/EQ1ZvKRihH
Media Sentiment
30 Jan 15 12:10:29
$JASO received a new alert. Find out why at http://t.co/5lwmDm2SCs #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 447
The Fly
30 Jan 15 12:05:28
RBC Capital upgrades and raises price targets on solar energy stocks $SPWR $JASO and $TSL. More here: http://t.co/yZl6uE3VT4
WKRB News
30 Jan 15 12:01:31
JA Solar Holdings Co., Ltd. Upgraded by RBC Capital to “Outperform” $JASO http://t.co/b5qdpDJY5V
Glen Ofsi
30 Jan 15 11:44:25
JA Solar Holdings Co., Ltd. (ADR) upgraded by RBC Capital to outperform. $13.00 PT. http://t.co/3wSwfNBWjl $JASO #JASO via @RatingsNetwork
StockSpotter
30 Jan 15 11:38:38
$JASO up 2.6% to 7.97 possible bullish reversal? #stocks #options #trading http://t.co/jqIziVrhUK
Media Sentiment
30 Jan 15 11:00:14
$JASO received a new alert. Find out why at http://t.co/5lwmDm2SCs #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 384
Live$tock
30 Jan 15 10:55:16
JA Solar Holdings Co., Ltd. (ADR) upgraded by RBC Capital to outperform. $13.00 PT. http://t.co/HacIhJ5fqL $JASO #JASO via @RatingsNetwork
Connie Lee
30 Jan 15 10:17:37
RT @WindStreamTech: $WSTI What an honor to have our technology selected by Inc. Magazine! http://t.co/G8o3uzjKA9 $SPWR $SCTY $FSLR $SOL $CS…
Wall Street Pit
30 Jan 15 09:58:22
Notable Upgrades: Groupon, Inc. (GRPN), JA Solar (JASO), QLogic Corp. (QLGC), … - http://t.co/N2vjvCKo9G $GRPN $JASO $QLGC $SPWR $RMTI
Henry R.
30 Jan 15 09:50:07
RT @theflynews: Several solar stocks rise following RBC upgrades $SPWR $JASO $TSL $FSLR $CSIQ $YGE: Full Story http://t.co/Kzp6XE8osk
Swing Trade Alert
30 Jan 15 09:21:46
THEFLYNEWS:Several solar stocks rise following RBC upgrades $SPWR $JASO $TSL $FSLR $CSIQ $YGE: Full Story http://t.co/Ta3jP7vE3r
ProTradersNews
30 Jan 15 09:21:05
$JASO $TSL: 3 Solar Stocks Get Day In Sun: Upgrades, Price Target Hikes: http://t.co/zRJQK9GXBx
The Fly
30 Jan 15 09:12:51
Several solar stocks rise following RBC upgrades $SPWR $JASO $TSL $FSLR $CSIQ $YGE: Full Story http://t.co/Kzp6XE8osk
Hieu Nguyen
30 Jan 15 08:08:56
$FSLR $SCTY $SPWR $JASO So far in the shake of oil price is plunging, Solar market did not have any bad news yet! They still doing well.
SWINGSTOCKTRADERS
30 Jan 15 07:20:40
BUY $JASO at Price: 8.00 Stop: 7.74, Loss: 3.2% Target T1: 8.66, Profit: 8.2% http://t.co/qqctz3DXHn
Bilo Selhi
30 Jan 15 07:08:45
If you don't consistently find trades like $CUBA +18%, then http://t.co/T9zutL79nE http://t.co/8nHbWMKinw $HLIT $RMTI $PER $TSL $JASO
The Fly
30 Jan 15 07:00:49
On The Fly: Analyst Upgrade Summary $ABT $BAESY $BSX $EPAY $CBF $CPYYY $CHS $DVN $COHR $FMNB $FL $GRPN $JASO $... http://t.co/hrREiL1Rgz
Pin Point Trades
30 Jan 15 06:48:27
Sold 1/2 $JASO from yesterday's afternoon buy.
afha
30 Jan 15 06:46:48
RT @ACInvestorBlog: Eyes on solars $FSLR $YGE $JASO $TSL
Antonio Costa
30 Jan 15 06:45:54
Eyes on solars $FSLR $YGE $JASO $TSL
FonsieTrader
30 Jan 15 06:45:50
$JASO Crossed above its 50EMA! Large room to climb now http://t.co/N607Z0887M
Media Sentiment
30 Jan 15 06:26:09
$JASO received a new alert. Find out why at http://t.co/5lwmDm2SCs #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 185
Big Options
30 Jan 15 06:24:27
Notable morning upgrades 1/30 - $BSX, $DVN, $FL, $JASO, $SPWR & Downgrades - $BRCM, $CAM, $DGX, $TER, $V
Quantpost Technology
30 Jan 15 06:21:13
$SPWR News: "SPWR, JASO, TSL higher on RBC upgrades #premarket $SPWR $JASO …" http://t.co/N7BMTnwemQ Board view: https://t.co/EkJQ6RTDyd
SA Breaking News
30 Jan 15 06:21:13
SPWR, JASO, TSL higher on RBC upgrades http://t.co/U66FJETqIf #premarket $SPWR $JASO $TSL
Marlen
30 Jan 15 05:49:21
01/30/15 UPGRADES: JA Solar $JASO RBC Capital Mkts Sector Perform > Outperform $12 > $13 Chico's FAS $CHS Janney Neutral > Buy
SpideyTrader
30 Jan 15 05:43:44
Watching Closely:$SQQQ, $TLT, $GLD, $NUGT, $TVIX. $VIP, $OPK, $XLE, $USO, $JASO,
Media Sentiment
30 Jan 15 05:35:27
$JASO received a new alert. Find out why at http://t.co/5lwmDm2SCs #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 154
Stock Market Picks
30 Jan 15 05:34:33
$TSL $SPWR $JASO upgraded by RBC Capital Mkts from Sector Perform to Outperform. http://t.co/MRiqtFOnHe $SPY $DIA $QQQ #stocks #NYSE #nasdaq
ProTradersNews
30 Jan 15 05:31:02
$TSL $JASO: Solar Stocks to Watch: Trina Solar Limited (NYSE:TSL), JA Solar ...: http://t.co/r7NCz6iNov
Jon Ogg
30 Jan 15 05:27:20
Friday top analyst Upgrades & Downgrades (part 2) $JASO $PHM $DGX $SGI $SWK $SPWR $TXT $TSL $VLP $V $YHOO http://t.co/du75fx6wf5
Analyst Ratings
30 Jan 15 05:07:42
RBC Capital Thinks JA Solar’s Stock is Going to Recover $JASO $RBC http://t.co/Br76llyVoX
ProVesting
30 Jan 15 04:46:06
$ABT $JASO: Equities Research Analysts' Upgrades for January, 30th (ABT, AIP ...: http://t.co/lOf7Ghv2N7
				
				
By  +Follow March 17, 2014 7:32AM
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