logo
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

 


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

By  +Follow March 17, 2014 7:32AM
Share:
Tickers Mentioned:

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. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Signup for our daily newsletter and get our best articles emailed right to you!

Results for JASO
Thomas Collins
22 May 15 15:22:38
$JASO JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) missed analysts' estimates ... http://t.co/QOJGUXLYpk
dailystockplays.com
22 May 15 14:53:41
ADX Downtrend http://t.co/9gH9hrRovW $AVB $FDO $BAX $BANR $HCI $LUV $NTAP $BRC $HRTG $THQ $ATTO $VGM $VIXY $AWF $CDI $AFFX $JASO $BONT
jarmo friman
22 May 15 09:04:57
$JASO alkaa olla halpa, P/E15 taitaa olla alle 8. Loppuvuosi on alkuvuotta parempi. Kolme muskettisoturia: JKS, TSL ja JASO!
Breaking News
22 May 15 05:11:04
$TJX $JASO: Bearish runners - TJX Companies (TJX), JA Solar (JASO), ConAgra ...: http://t.co/lwraos3pRg
Pennys Tomillions
21 May 15 19:21:01
$UCHC still much more to go 300%+ coming our way! $FEGR $HIMR $INOL $INTC $JASO $JDST $JNUG $KDKN $MDIN $MEDT $MMMW http://t.co/CffjCWSwE9
FinSentS NASDAQ
21 May 15 15:43:05
$JASO:US JA Solar Holdings Co. Downgraded to "Neutral" at Roth Capital (JASO) #JA SOLAR HOLDINGS CO LTD http://t.co/4wEaV9ysxd #NASDAQ
Forex News & Tips
21 May 15 10:07:42
RT @SAlphaTech: JA Solar's Fundamentals Remain Strong http://t.co/EhYM94weRW $JASO
Tech Stocks SA
21 May 15 10:00:03
JA Solar's Fundamentals Remain Strong http://t.co/EhYM94weRW $JASO
WKRB News
21 May 15 09:54:33
JA Solar Holdings Co. Downgraded to “Neutral” at Roth Capital $JASO http://t.co/1J6tjC0buY
ProTradersNews
21 May 15 09:48:04
$JASO: JA Solar Holdings Co. Downgraded to “Neutral” at Roth Capital ...: http://t.co/FEIpMxUJFy
Media Sentiment
21 May 15 09:21:03
$JASO received a new alert. Find out why at http://t.co/nZwqReM0tj #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 261
US Banking News
21 May 15 09:17:30
JA Solar Holdings Co. Downgraded by Roth Capital to “Neutral” $JASO http://t.co/bL2dplWyfY
WKRB News
21 May 15 08:35:23
JA Solar Holdings Co. Downgraded by Wolfe Research $JASO http://t.co/RQAmEyjrhh
US Banking News
21 May 15 08:15:34
JA Solar Holdings Co. Receives Average Rating of “Hold” from Analysts $JASO http://t.co/s4dotdGkEn
WKRB News
21 May 15 08:05:03
JA Solar Holdings Co. Receives Average Rating of “Hold” from Analysts $JASO http://t.co/yaUylL1kXY
Briefing.com
21 May 15 08:03:06
See the latest #Equity #ratings changes direct from #brokerage firms http://t.co/OCPRWKgfok $CRM $NTAP $JASO $FEIC $VEC $SAGE $CEMP
ProTradersNews
21 May 15 08:01:02
$JASO: JA Solar Holdings Co. Receives Average Rating of "Hold" from ...: http://t.co/tYs1XMKbLq
smart-ticker.com
21 May 15 07:41:24
Top stocks bear trade ideas: $BRKR $NTAP $EZPW $OTEX $LL $ACXM $BKE $BKCC $JASO $PBY more http://t.co/afLVqGEPgY
Lucretia
21 May 15 07:33:48
$JASO Benzinga's Top Downgrades http://t.co/OUMrrTX618
James P Worthy
21 May 15 07:33:41
$JASO Analyst Downgrades: NetApp, Inc., Rexnord Corporation, and JA Solar Holdings ... http://t.co/9xcZSJrxvh
TV_Trading Ideas
21 May 15 07:31:07
Looks like it's forming a tweezer\u2026 $JASO http://t.co/VGhqh7JnKE
FinSentS NASDAQ
21 May 15 07:28:35
$JASO:US JA Solar Holdings Co. Downgraded to "Neutral" at Roth Capital (JASO) #JA SOLAR HOLDINGS CO LTD http://t.co/7GE8oaLYvi #NASDAQ
US_proptrader
21 May 15 07:22:28
$BBRY $CMCM $ICLD $JASO $LL $SDRL $SFUN $SGEN $XNET autocharts @ http://t.co/cLiki3R0GR
stocktargetprices
21 May 15 07:19:12
$JASO Roth Capital drops target to $9 from $18. Downgrades to Neutral from Buy.
The Fly
21 May 15 06:59:00
On The Fly: Analyst Downgrade Summary $DDD $BRKR $EQIX $JASO $MELR $NTAP $OCR $RXN $SRPT $SFUN $STCK $VOD: Full Story http://t.co/7GvuHSuEFQ
US_proptrader
21 May 15 06:50:26
$AVEO $CALA $GERN $JASO $LL $SHAK $SRPT $WBAI autocharts @ http://t.co/cLiki3R0GR
Rag Time Gal
21 May 15 06:35:37
RT @bored2tears: JA #Solar downgraded to neutral from hold at ROTH Capital. Price target cut in half to $9. $JASO 5/20 close: 8.90 #stocks
dailystockplays.com
21 May 15 06:19:51
Analyst Downgrades and Price Target Decreases http://t.co/6MBcPyGXh2 $VOD $NTAP $EQIX $JASO $DDD
DayTrading Ninja
21 May 15 06:10:12
Analyst Upgrades: $VOD $SSYS $WWD $DRH $CHTR Analyst Downgrades: $OCR $NTAP $SRPT $JASO $SFUN $RXN $BRKR $EQIX 09:10AM EST
Jon Ogg
21 May 15 06:05:57
Thursday Top Analyst Upgrades & Downgrades (Pt. 2) $EQIX $EXPE $ESPR $ICPT $JASO $DDD $TNAV $TRVN $VOD $WSM http://t.co/YPqvAJbekc
FirstToMarkets
21 May 15 06:01:03
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 58th) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZxvru Capital
FirstToMarkets
21 May 15 05:45:43
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 58th) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZxvru Capital
StockNewsWires
21 May 15 05:33:02
$JASO $PGR: 4 Stocks in Focus - JA Solar (JASO), Progressive (PGR), Coach ...: http://t.co/ReYLvRofYE
FirstToMarkets
21 May 15 05:30:46
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 58th) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZfUzW Capital
binaryoptionsocial
21 May 15 05:26:35
mediasentiment: $JASO received a new alert. Find out why at http://t.co/rRtKVALqb5 #stocks #daytrading #trading … http://t.co/i8HJt85krl
Media Sentiment
21 May 15 05:19:43
$JASO received a new alert. Find out why at http://t.co/nZwqReM0tj #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 128
bored2tears
21 May 15 05:19:00
JA #Solar downgraded to neutral from hold at ROTH Capital. Price target cut in half to $9. $JASO 5/20 close: 8.90 #stocks
FirstToMarkets
21 May 15 05:15:49
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 61st) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZxvru Capital
ProTradersNews
21 May 15 05:12:14
$JASO: Roth Capital Downgrades JA Solar Holdings To Neutral: http://t.co/aBmtIKk0YG
Marlen
21 May 15 05:02:53
05/21/15 DOWNGRADES: Equinix $EQIX Stifel Buy > Hold JA Solar $JASO ROTH Capital Buy > Neutral $18 > $9
FirstToMarkets
21 May 15 05:00:47
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 61st) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZxvru Capital
FirstToMarkets
21 May 15 04:45:30
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 61st) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZfUzW Capital
Felipe Montes
21 May 15 04:31:07
RT @SeekingAlpha: What Do Yingli's Reassurances Mean To ADS Holders? http://t.co/jav3qJTsuv $CSIQ $JASO $JKS $TSL $YGE
Felipe Montes
21 May 15 04:30:29
RT @SeekingAlpha: 3 Cheap Stocks Too Good To Pass Up http://t.co/HuPjis39pB $JASO $NSR $SANM
FirstToMarkets
21 May 15 04:30:25
JA Solar Holdings Co., Ltd. Downgrade by Roth Capital (Ranked 61st) to Neutral with 9 PT $JASO #JASO http://t.co/r8xgVZxvru Capital
The Legacy News
21 May 15 04:27:52
JA Solar Holdings Co. Downgraded to “Neutral” at Roth Capital $JASO http://t.co/XjrT9RrV9v
Media Sentiment
21 May 15 04:18:43
$JASO received a new alert. Find out why at http://t.co/nZwqReM0tj #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 49
Breaking News
21 May 15 04:18:03
$JASO: JA Solar Holdings Co. Downgraded to “Neutral” at Roth Capital ...: http://t.co/Ui4RzeDZBH
Analyst Ratings
21 May 15 04:16:56
JA Solar Holdings Co. downgraded by Roth Capital to neutral. $9.00 PT. http://t.co/itVtF2IYNb $JASO #JASO
US Consumer News
21 May 15 04:15:52
JA Solar Holdings Co. downgraded by Roth Capital to neutral. $9.00 PT. http://t.co/OaFl5AmShh $JASO #JASO
				
				
By  +Follow March 17, 2014 7:32AM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.

Login or Register

LOG IN