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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
Ben Silverberg
20 Aug 14 03:39:07
Early PreM Movers: $PETM $JASO $RH to the upside, while $HTZ $YOKU $LOW $SPLS $LNKD to the downside
China Stock Research
20 Aug 14 02:31:22
Earnings today: BMO $LITB $LEJU $JASO $EJ AMC $XNET Flash PMI out tonight, 9:30 PM
Market Monitor
20 Aug 14 01:28:01
$JASO: JA Solar Announces Results of 2014 Annual General Meeting http://t.co/3d0eV7p4mp http://t.co/Fy07aaJVT8
wes noon
20 Aug 14 01:17:55
RT @OpenOutcrier: Earnings PreMarket Tomorrow: $AEO $CNET $CTRN $EJ $GLOG $HAIN $SJM $JASO $LOW $MSG $PETM $SPLS $TGT
WallStreetsGemini
20 Aug 14 00:57:06
$JASO $TASR $SUMR $DEPO $LRAD $DSKY $AAPL $DGLY $BDR $IBM $VRNG $RBPAA. Bulls and bears.
Equity Clock
20 Aug 14 00:44:16
Seasonal charts of companies reporting earnings today $WSM $PLKI $LB $HPQ $TGT $SPLS $PETM $LOW $JASO $SJM $EV $AEO : http://t.co/hJh9TD8RPB
Charts 123
19 Aug 14 21:17:03
Watching for long entry in Asia: $CXDC $CREG $YGE $JASO http://t.co/T04D67UTeE #stocks
Kevin Kennedy
19 Aug 14 20:29:40
RT @pennies4stocks: $JASO earnings tomorrow pre market
Freefdawatchlist
19 Aug 14 20:03:32
http://t.co/KDYpeoIZEk Premarket Trading Ideas for Aug 20th: $TGT, $PETM, $DGLY, $VRNG, $JRJC, $JASO, $LITB, $HPQ, $GLD, $SLV, $UVXY, $XIV
Peter Pan
19 Aug 14 19:38:44
@bluser12 maybe just maybe if $JASO beats i can have a grand slam day playing the long last time it fucked me
Mah Bizzle
19 Aug 14 19:01:28
$YGE nice volume today - could heat up if $JASO beats tom
Forex Insight
19 Aug 14 18:31:22
RT @CliffatMIG: $JASO: JA Solar's RIECIUM Module Passes 500-Hour PID Test Conducted by TUV SUD http://t.co/0cJgLkBNmj http://t.co/VVEQlKlJNk
Stock News Headlines
19 Aug 14 18:28:09
$JASO: JA Solar's RIECIUM Module Passes 500-Hour PID Test Conducted by TUV SUD http://t.co/0cJgLkBNmj http://t.co/VVEQlKlJNk
Charts 123
19 Aug 14 18:17:02
Top Asian stocks today: $CXDC $CREG $YGE $JASO http://t.co/T04D67UTeE #stocks
Stock Market Picks
19 Aug 14 18:08:30
Earnings Releases for August 20th (before the open): $AEO $CTRN $EJ $EV $GLOG $HAIN $JASO $LEJU $LITB $LOW $MSG $SJM $SPLS
StockBreaker.net
19 Aug 14 17:12:00
8/18-8/22 See who's having Earnings This Week $URBN $YOKU $JASO $HIBB Get the full Earnings Calendar (FREE Reg):: http://t.co/0ghg43sr66
ZOZO
19 Aug 14 15:42:09
Earnings Wednesday Pre Market - TGT, $LOW, SPLS, PETM, SJM, AEO, $HAIN, $JASO, EV, AMSG, $EJ, $VVTV, CTRN, LITB, $GLOG
BNK Invest
19 Aug 14 15:40:29
JA Solar Holdings Breaks Above 200-Day Moving Average - Bullish for $JASO $TAN #stocks http://t.co/yZdLSdE6AT
US Banking News
19 Aug 14 15:29:06
JA Solar Holdings Co., Ltd. Sees Unusually Large Options Volume $JASO http://t.co/pZDgW4gdYQ
Market Updates
19 Aug 14 15:28:01
$JASO: Why Are Solar Stocks Up Today http://t.co/hLjJ22u50j http://t.co/mciYYg9Zhp
VisualStock Resource
19 Aug 14 15:14:02
$JASO - ADR Shares End Mostly Higher; BHP Billiton Shares Active http://t.co/Cit2vrpo5P
Pzaa...Guy
19 Aug 14 15:13:52
$JASO - ADR Shares End Mostly Higher; BHP Billiton Shares Active http://t.co/0XIWt9XzgY
john smith
19 Aug 14 15:13:41
$JASO - ADR Shares End Mostly Higher; BHP Billiton Shares Active http://t.co/799QhXuPhT
4-traders.com
19 Aug 14 15:00:03
ADR Shares End Mostly Higher; BHP Billiton Shares Active http://t.co/SAGX923P5n $BHP $BLT $AZN $HSOL $JASO $JKS $TSL $YGE $SOLA $SOLA $ZEL
Charts 123
19 Aug 14 14:43:03
Watching for long entry in BRIC: $CXDC $CREG $YGE $JASO http://t.co/T04D67UTeE #stocks
RUCASO
19 Aug 14 13:37:18
RT @WrigleyTom: pm $LZB $PLAB $TEDU $RGSE $YOKU am $LEJU $EJ $GLOG $HAIN $SJM $JASO $LOW $PETM --- *on Cramer tonight $WPX $EXXI http://t…
Peter Pan
19 Aug 14 13:24:19
$JASO huge call buyers today 10 11 maybe this earnings report will be the one to drive this to 15
Tracey Ryniec
19 Aug 14 13:11:40
JA Solar in the morning. Has beaten 5 qtrs in a row but shares still lag. $JASO http://t.co/8bFRmbRoQ1
Peter Pan
19 Aug 14 12:50:25
$JASO earnings tomorrow pre market
Tom Wrigley
19 Aug 14 12:48:16
pm $LZB $PLAB $TEDU $RGSE $YOKU am $LEJU $EJ $GLOG $HAIN $SJM $JASO $LOW $PETM --- *on Cramer tonight $WPX $EXXI http://t.co/g6wcAG6CzB
Market Updates
19 Aug 14 12:28:15
$JASO: Recent Happenings In Solar Industry: JA Solar Holdings Co., Ltd. (ADR ... http://t.co/iW0ui7AUNl http://t.co/9CmBEoXuKY
Mitchell Warren
19 Aug 14 12:14:35
JA Solar $JASO Sep options are pricing in a $1.50 move, or 15.08%, in either direction following tomorrow's Q2 report.
Vetr
19 Aug 14 11:31:45
$JASO - JA Solar Holdings Co. - 6-mo avg price target: $15.50 (+63.67%) https://t.co/mPdCrDk54x
Trader $ BanDaviK
19 Aug 14 11:30:20
rock and roll $JASO
Bryon Franzen
19 Aug 14 11:28:22
like that $jaso move
Wu Weed
19 Aug 14 11:19:18
$JASO @ $10
charlie
19 Aug 14 11:09:55
Sold $JASO 9.95 +9.7% x3
Estimize
19 Aug 14 11:05:27
$JASO reports before the open tomorrow, Estimize Consensus +0.07 EPS and +10.94M Revs compared to WS http://t.co/jbJ2KOposU
US_proptrader
19 Aug 14 10:55:03
$AEGR $AEO $DGLY $JASO autocharts @ http://t.co/cLiki3Rz3r
Market Compass
19 Aug 14 10:28:08
$JASO: JA Solar's RIECIUM Module Passes 500-Hour PID Test Conducted by TUV SUD http://t.co/NaljUhG05y http://t.co/XN9ssJidVg
Hartley Figueroa
19 Aug 14 10:27:07
RT @a6wichigaw: What Happened To JA Solar $JASO? | Solar Feeds News
US_proptrader
19 Aug 14 09:58:09
$AMPE $CMLS $DGLY $GLUU $HK $JASO $JRJC $TASR autocharts @ http://t.co/kn4mViMgNq
Vaulty Boy
19 Aug 14 09:52:39
$JASO what a nice b/o
Craig S.
19 Aug 14 09:52:00
Liking my $JASO! Hoping earnings are as robust as the rest of the space. No cap and poised to rip
Norris Cooper
19 Aug 14 09:40:33
RT @a6wichigaw: What Happened To JA Solar $JASO? | Solar Feeds News
US_proptrader
19 Aug 14 09:40:03
$AMPE $BXE $HK $JASO $KNDI autocharts @ http://t.co/kn4mViMgNq
Jess Mccollum
19 Aug 14 09:12:00
RT @a6wichigaw: What Happened To JA Solar $JASO? | Solar Feeds News
US_proptrader
19 Aug 14 09:05:08
$BXE $DGLY $GLUU $GV $IRDM $JASO $KNDI autocharts @ http://t.co/kn4mViMgNq
Hanley Bautista
19 Aug 14 08:55:58
RT @a6wichigaw: What Happened To JA Solar $JASO? | Solar Feeds News
Myrollingstocks
19 Aug 14 08:35:06
Today we like $JASO http://t.co/hdlJ4gNwqR
				
				
By  +Follow March 17, 2014 7:32AM
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