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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
Charts 123
17 Sep 14 21:17:02
Buy signals in Asia: $MOBI $TSL $DSKY $CMGE $CREG $YGE $JASO http://t.co/FAa6smKjJf #stocks
Charts 123
17 Sep 14 18:17:02
Asia buy signals: $MOBI $TSL $DSKY $CMGE $CREG $YGE $JASO http://t.co/FAa6smKjJf #stocks
Greg Candelaria
17 Sep 14 15:28:28
@cvpayne @MatthewMcCall C'mon man, updates on $JASO & $SIMO PLEASE? #askpayne
Charts 123
17 Sep 14 14:43:04
Emerging Markets buy signals: $MOBI $TSL $DSKY $CMGE $CREG $YGE $JASO http://t.co/FxJfTc6a5b #stocks
 Luke Murray
17 Sep 14 11:39:03
$JASO out 10.16 -.03 on fail of hod break
 Luke Murray
17 Sep 14 11:35:36
$JASO in 10.19
Income Traderz
17 Sep 14 11:35:23
$JASO for hod break and run
PennyStock Zone
17 Sep 14 11:15:06
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Q6vtkuSPbk $GLD $USU $JASO $SALE
Duke Rexx
17 Sep 14 10:12:57
RT @theflynews: $CSIQ $SUNE $TERP $YGE $TSL $JASO Chinese solars advance after analysts upbeat on space: Full Story http://t.co/BFA3L9I9Pk
Swing Trade Alerts
17 Sep 14 10:12:42
THEFLYNEWS:$CSIQ $SUNE $TERP $YGE $TSL $JASO Chinese solars advance after analysts upbeat on space: Full Story http://t.co/8v0aRsBzqW
The Fly
17 Sep 14 10:10:46
$CSIQ $SUNE $TERP $YGE $TSL $JASO Chinese solars advance after analysts upbeat on space: Full Story http://t.co/BFA3L9I9Pk
Tape Reader
17 Sep 14 07:37:25
Solar Sector strong today $YGE $TSL $HSOL $CSUN $JKS $CSIQ $SOL $WEST $JASO $SPWR $FSLR
Greg Candelaria
17 Sep 14 07:32:56
@cvpayne I have been busy lately, in London next week. Updates in $JASO & $SIMO please? #askpayne
Mohamud
16 Sep 14 23:38:58
$JASO recent bounce off from ten months horizontal support line may seem running out of energy next trade http://t.co/ACFV4r4Hej
PennyStock Zone
16 Sep 14 19:56:34
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
PennyStock Zone
16 Sep 14 16:11:17
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
PennyStock Zone
16 Sep 14 12:47:31
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Analyst Ratings
16 Sep 14 12:13:24
Want the latest analyst ratings on $MRVL $JASO $EBAY $CSIQ $BRCM? Get Them Delivered to Your Inbox http://t.co/nSJuDsYidj
PennyStock Zone
16 Sep 14 08:45:23
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Lea
16 Sep 14 04:03:17
On watch for me today: $RWLK, $AVNR, $VNET, $VIMC, $SINO, $JNUG, $S, $CSIQ, $KERX, $JASO, $ELON, $DNDN, $ETAK, $LPX let's go... :)
Charts 123
15 Sep 14 21:14:03
Worst losers Asia: $SCOK $WB $JRJC $CREG $CMCM $WBAI $YY $TEDU $SOL $MOBI $CBAK $HSOL $JASO $DSKY $MY http://t.co/FAa6smKjJf #stocks
Trader News Daily
15 Sep 14 18:27:01
http://t.co/PeRPkYu8Uk ranked #1 for alerts last week with 275% in gains. Related: $SMA $AUY $JASO $HALO $MHR $VVUS $VSYM $RTK $BAA $WEST
Wall St Broadcast
15 Sep 14 17:43:06
Power Mad: $CPST, $APWR and $JASO are all doing great. These are three renewables we looked at on June 24. CPS... http://t.co/5uFM5X7bWT
Rush For Land
15 Sep 14 17:43:05
Power Mad: $CPST, $APWR and $JASO are all doing great. These are three renewables we looked at on June 24. CPS... http://t.co/t9g1QOosev
Yeti Corp
15 Sep 14 17:43:05
Power Mad: $CPST, $APWR and $JASO are all doing great. These are three renewables we looked at on June 24. CPS... http://t.co/DwItdIrrPL
AmericanEnergyFields
15 Sep 14 17:43:04
Power Mad: $CPST, $APWR and $JASO are all doing great. These are three renewables we looked at on June 24. CPS... http://t.co/docJHFY3XU
Clear Skies Solar
15 Sep 14 17:43:04
Power Mad: $CPST, $APWR and $JASO are all doing great. These are three renewables we looked at on June 24. CPS... http://t.co/CG2PvZiHEb
NW Exec
15 Sep 14 17:43:01
Power Mad: $CPST, $APWR and $JASO are all doing great. These are three renewables we looked at on June 24. CPS... http://t.co/OllwdwBBsS
PennyStock Zone
15 Sep 14 11:55:47
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
PennyStock Zone
15 Sep 14 05:08:21
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Q6vtkuSPbk $GLD $USU $JASO $SALE
monestsignalen
15 Sep 14 04:19:03
#aandelen enkele bull flags http://t.co/TRh8enkcGB $HSOL $JASO $RIOM
Kenneth Wright
14 Sep 14 23:21:13
RT @swymorrisz What Happened To JA Solar $JASO? | Solar Feeds #RIPNannyS
David Jackson
14 Sep 14 22:56:19
Solar stocks sizzle after Trina says it can't keep... $TSL $CSIQ $CSUN $YGE $FSLR $SPWR $JASO $SOL $TAN $KWT http://t.co/BV73mMFs4z
Dr.Boblin
14 Sep 14 21:38:54
Watchlist Monday Sept 15 $HSOL $HPJ $JASO $DQ $GALT $YHOO http://t.co/JJiVFdyYNa
PennyStock Zone
14 Sep 14 17:22:42
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Q6vtkuSPbk $GLD $USU $JASO $SALE
Rusterzinho
14 Sep 14 15:24:32
RT @zozotrader: $JASO daily chart http://t.co/nZXupkiBAh
ZOZO
14 Sep 14 12:55:44
$JASO daily chart http://t.co/nZXupkiBAh
gordon gekko is god
14 Sep 14 12:29:19
Trina Solar CEO: We can't meet demand http://t.co/acq1TKkwSO $TSL, $JKS, $JASO
Gilly
14 Sep 14 12:25:44
solars on watch but so volatile $SOL $HSOL $YGE $CSUN $JASO < 10.00 started small positions early sept 100-200 shares each.
PennyStock Zone
14 Sep 14 09:25:13
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
monestsignalen
14 Sep 14 03:15:02
bull flag signalen #aandelen http://t.co/ZkTHv8Q8wC $HSOL $JASO $RIOM
gordon gekko is god
13 Sep 14 17:57:07
Solar stocks sizzle after Trina says it can't keep up with demand http://t.co/3yzyuHsnpU $TSL, $CSIQ, $CSUN, $YGE, $FSLR, $SPWR, $JASO,
PennyStock Zone
13 Sep 14 09:52:23
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
PennyStock Zone
13 Sep 14 07:50:46
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Hudson Eldridge
13 Sep 14 07:16:45
$JASO showing strength, over 10.50 could be a deal. ">
ChartMill
13 Sep 14 05:16:03
new bull flags #stocks http://t.co/LJusHjkLsw $HSOL $JASO $RIOM
monestsignalen
13 Sep 14 02:04:03
bull flag signalen #aandelen http://t.co/TRh8enkcGB $HSOL $JASO $RIOM
Kym L
12 Sep 14 21:01:37
$JASO Daily Potential Gartley https://t.co/jGIvLKl6MY
				
				
By  +Follow March 17, 2014 7:32AM
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