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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
DailyStockPicks
24 Oct 14 06:07:58
During this #Ebola outbreak, $JASO investors will also want to buy $SMED. They handle medical and hazardous waste http://t.co/LCSGeFDxqQ
Greg Candelaria
24 Oct 14 05:54:28
@cvpayne @HithaPrabhakar CVP: I know I am pushy & I appreciate your time. Do I add more $JASO, $SIMO? Have $ to invest burning a hole!
FonsieTrader
24 Oct 14 04:47:04
Bullish MACD Crossovers 2/3 $GGB $HAL $HES $HZNP $IDTI $ING $JASO $JCP $LGF $LPI $MACK $MS $NFX $NOK $ONNN $PQ $PTEN http://t.co/qVDoY7yvof
US_proptrader
23 Oct 14 12:49:41
$CLVS $GOL $ISIS $JASO $NG $NPSP $OREX $SGMS $SQNM autocharts @ http://t.co/cLiki48C5r
Penny Stock Secret
23 Oct 14 12:39:17
The Hottest Way to Make Millions From Stock Market.Click HERE http://t.co/AJZWTGD3tb .. $RDNT $CASM $JASO
Greg Candelaria
23 Oct 14 09:41:40
@cvpayne Brother Payne, what do I do about $AAPL, $JASO, $SIMO. Where would you spread $130k?
Lee Renrut
23 Oct 14 07:18:45
o little $jaso
China Stock Research
22 Oct 14 16:50:11
China Solar: Beijing’s Policy Being Implemented, Says J.P. Morgan http://t.co/LNX2IklnOZ $YGE $TSL $JKS $JASO $DQ $CSIQ $SOL
Wu Weed
22 Oct 14 09:46:51
$jaso @ $7.88 lil dip
Greg Candelaria
22 Oct 14 07:52:58
@cvpayne @MatthewMcCall CVP: ok, down 26% on $JASO, $avg? $AAPL a buy? #askpayne
ZOZO
22 Oct 14 02:38:22
$JASO $CSIQ UBS to hold meetings at Solar Power International are being held in Las Vegas on October 21-23.
China Stock Research
21 Oct 14 17:55:13
LDK Files Bankruptcy in U.S. Court on China Solar Glut http://t.co/Zv5YVQcx0Z $LDKSY $TSL $YGE $JASO $JKS $SOL $CSIQ $DQ etc
Ticker Report
20 Oct 14 10:58:52
JA Solar Holdings Co., Ltd. Downgraded by Zacks to “Underperform” $JASO http://t.co/LV0r7T1AU8
Bullbusters steven
20 Oct 14 09:04:47
RT @EliteDayTraders: $JASO in 7.94 Greenlight’s Einhorn Said to Back Solar Stocks at Robin Hood
 Luke Murray
20 Oct 14 09:04:33
$JASO in 7.94 Greenlight’s Einhorn Said to Back Solar Stocks at Robin Hood
FonsieTrader
18 Oct 14 06:14:36
Parabolic Sar Buy Signals 4/4 $HOV $HRB $HST $IM $IR $ITT $JASO $JD $K $KMX $L $MAR $MPEL $MSI $NOC $NOW $ONNN $RTN http://t.co/npp5hzhrBI
Fahd El
17 Oct 14 14:45:01
$JASO shorted for the $8 crack but didn’t go much..shorted later for the crack of that sideways action..bummer http://t.co/Jzy8IW0bY2
Fahd El
17 Oct 14 14:25:43
Just came back from the pool. Hello p&L $BAS $CSIQ $ESI $GPRO $JASO $LAKE $MBLY $MU $NVAX $TWTR $VSR http://t.co/suGzfdAHmT
InterCooler
17 Oct 14 11:49:29
Zacks Downgrades JA Solar Holdings Co., Ltd. to Underperform $JASO http://t.co/kkxIigPVA0
Kristjan Kullamägi
17 Oct 14 11:32:09
$CP $JASO no juice
Kristjan Kullamägi
17 Oct 14 11:11:21
Covering $CP $JASO on the way down
Kristjan Kullamägi
17 Oct 14 11:02:31
Same thing with $JASO versus $CSIQ $SCTY etc, low risk entry here, can catch up to the others
US Consumer News
17 Oct 14 09:33:44
JA Solar Holdings Co., Ltd. (ADR) downgraded by Zacks to underperform. $7.00 PT. http://t.co/NkMZL5lr69 $JASO #JASO
Media Sentiment
17 Oct 14 09:27:49
$JASO received a new alert. Find out why at http://t.co/5udYd0Ofs6 #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 299
Analyst Ratings
17 Oct 14 09:26:57
JA Solar Holdings Co., Ltd. (ADR) downgraded by Zacks to underperform. $7.00 PT. http://t.co/IPsIKCYbwe $JASO #JASO
US Banking News
17 Oct 14 09:25:31
JA Solar Holdings Co., Ltd. Lowered to Underperform at Zacks $JASO http://t.co/n9w3roYS5H
US_proptrader
17 Oct 14 07:12:38
$AKS $CLF $IBIO $JASO $OREX $PDLI $PGH $PPC $STLD autocharts @ http://t.co/hj7PGeTQk3
Don Fishback
17 Oct 14 04:35:53
Negative Implied Borrow Rate $FSL, $SNCR, $RPRX, $OAS, $JASO http://t.co/tQoqGkpGOI
OptionApps
17 Oct 14 04:35:53
Negative Implied Borrow Rate $FSL, $SNCR, $RPRX, $OAS, $JASO http://t.co/6cgx6NfxZA
kenstaff
17 Oct 14 02:59:13
RT @arkur72: 14.10.2014 part2 $CZR $REXX $HIMX $PDS $PVA $GDP $JASO $SFY $ONNN $AMKR $VLCCF $FOLD $CPE $NM $HIVE $MHR $WRES $GST $AXAS $HOV…
Ariel Silahian
16 Oct 14 12:58:02
Algorithmic trading: OPEN Oct/16 SELL: $TRN $SRPT $ROSE $CIEN $PH $SGMS $RLGY $ACM $ST $SNSS $MRO $REXX $WRES $PMCS $MGM $JASO $MAS $MUR
US_proptrader
16 Oct 14 12:55:56
$BBG $CAR $FSL $GPOR $JASO $JKS $LINE $NBG $PSEC autocharts @ http://t.co/hj7PGeTQk3
US_proptrader
16 Oct 14 11:53:56
$CSIQ $EGY $FEYE $JASO $MSTX $PNNT $SSE $TSL $WPX autocharts @ http://t.co/hj7PGeTQk3
US_proptrader
16 Oct 14 11:21:13
$ARWR $CMRX $EXAS $GOL $ISIS $JASO $NPSP $PGNX $SLCA autocharts @ http://t.co/hj7PGeTQk3
Gilly
16 Oct 14 08:26:38
solar bounce in progress $SOL $YGE $JASO $TSL etc. they were at 1 year los this week
Emil
16 Oct 14 06:55:19
eyeing $JASO for shorting on pops
Large Void Bot
16 Oct 14 06:45:15
Daily Reversals: $WPX, $HUN, $SYRG, $JASO, $WPRT, $SGY, $MTZ, $MSCC, $SMTC
Seeking Alpha
16 Oct 14 05:23:51
Riding The Solar S Curve With A Balanced Stock Portfolio http://t.co/qgAvI0htCJ $CSIQ $DQ $FSLR $JASO $JKS $KWT $SUNE $TAN $TSL
				
				
By  +Follow March 17, 2014 7:32AM
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