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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
PennyStock Zone
2 Sep 14 19:56:49
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
M. Knight
2 Sep 14 19:54:25
RT @NV223: $JASO testing highs. Inside day and up, still inside month. Through 9.60 we see $10
Business News Now
2 Sep 14 14:28:15
$JASO: JA Solar Holdings Co., LTD Earnings Call scheduled for 8:00 am ET today http://t.co/SzY5FHyiOs http://t.co/cBh6yb37VW
Stock Signaling
2 Sep 14 13:31:04
Top Stocks (By Trading Liquidity): $SINA $JASO $FCEL $ARWR $TSL $AMBA $BBRY $BLDP $ACI $MNKD $INVN $AEO $ANF $FEYE $HERO #trading #spy #dow
MoneyEmpire
2 Sep 14 11:18:23
$JASO going all day
Nate
2 Sep 14 10:22:18
$JASO testing highs. Inside day and up, still inside month. Through 9.60 we see $10
Nate
2 Sep 14 10:11:21
Dumped all of my $GOGO on today's sell-off. Long only $FB and $JASO -- exited my $BIDU trade for a small loss
kpricestox
2 Sep 14 09:12:03
Adding to my LOOONG term $jaso equity position. Chinese solars look nice too $JKS nice setup
Stock Headlines
2 Sep 14 03:28:17
$JASO: JA Solar's RIECIUM Module Passes 500-Hour PID Test Conducted by TUV SUD http://t.co/Rsbk2LTYWs http://t.co/Fgc1dUnO7O
Nick Hillebrand
1 Sep 14 17:31:57
@pennies4stocks What is your expectation for $JASO in coming months and years?
Financial Headlines
1 Sep 14 17:28:18
$JASO: Stocks Alert: JA Solar Holdings Co (ADR) (JASO), Thoratec Corporation (THOR ... http://t.co/ddXB8LEfJ8 http://t.co/z6uH9VFqwH
PennyStock Zone
1 Sep 14 16:51:15
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Josh Farkas
1 Sep 14 04:55:29
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
PennyStock Zone
31 Aug 14 05:06:47
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Q6vtkuSPbk $GLD $USU $JASO $SALE
PennyStock Zone
30 Aug 14 20:34:50
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
PennyStock Zone
30 Aug 14 17:12:47
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
PennyStock Zone
30 Aug 14 10:30:00
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Market Updater
29 Aug 14 16:28:09
$JASO: Why JA Solar (JASO) Stock Is Falling Today http://t.co/lScfLXy5tt http://t.co/TMsJiYwGmf
Stock Market Monitor
29 Aug 14 15:28:24
$JASO: Why JA Solar (JASO) Stock Is Falling Today http://t.co/GToFI4i9Do http://t.co/upcOn2nOL4
Charles V Payne
29 Aug 14 15:28:23
RT @gacman57: @cvpayne CVP are you talking to me about $JASO! $SIMO has offset and I am kicking myself on $SPLK as I am in the biz!!! #askp…
Greg Candelaria
29 Aug 14 15:26:52
@cvpayne CVP are you talking to me about $JASO! $SIMO has offset and I am kicking myself on $SPLK as I am in the biz!!! #askpayne
PennyStock Zone
29 Aug 14 11:24:03
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
China Stock Research
29 Aug 14 09:55:05
Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/vrHCYW04er $TSL $JASO $JKS $YGE $CSIQ
Albert Chitemyan
29 Aug 14 08:53:44
$TSL $YGE $JASO holding well after earnings gap. Like it, but would need more time to consolidate
PennyStock Zone
29 Aug 14 08:52:25
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Seb Henbest
29 Aug 14 08:41:45
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
Biz News Pioneer
29 Aug 14 08:28:19
$JASO: [video] Stock Pops & Drops: JBLU, CMLS, JASO, HLF http://t.co/ACqwIkNoPk http://t.co/ySSzq8ZAN3
docking
29 Aug 14 08:23:31
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
Tr8r_X
29 Aug 14 08:19:11
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
Austin Gibble
29 Aug 14 08:16:56
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
Verizon
29 Aug 14 08:13:55
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
VerizonGreen
29 Aug 14 08:12:36
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
John Columbus
29 Aug 14 08:12:36
RT @ehreng: Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $…
Ehren Goossens 戈建深
29 Aug 14 08:10:33
Solar Makers Set for Record 2014 Sales on Strong Demand http://t.co/4oyLz8UnAv via @BloombergNews $CSIQ $YGE $SPWR $TSL $HSOL $FSLR $JASO
Andrew Snow
29 Aug 14 07:38:47
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Tech Alerts
29 Aug 14 07:30:04
Trina Solar Remains Well Positioned In Spite Of Q2 Shortfall http://t.co/8SscerkLbn $CSIQ $JASO $JKS $TSL
Market Int Center
29 Aug 14 07:29:49
JA Solar $JASO Showing Bearish Technicals With Support At $8.93 ( http://t.co/3UGJQBs36D )
Gifford Rowland
29 Aug 14 05:23:35
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Clair Norris
28 Aug 14 16:01:05
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Hubert Lehman
28 Aug 14 14:20:32
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Contrarian Investor
28 Aug 14 12:47:23
The TCI Solar investing forum is growing: http://t.co/Fb8ULR6uLO $GTAT $TSL $JASO $CSIQ $JKS $HSOL $SCTY $FSLR $AAPL $SPWR $SOL #Solarpv
Casey Blue
28 Aug 14 11:24:23
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
True Contrarian
28 Aug 14 06:54:23
RT @SeekingAlpha: Trina Solar Remains Well Positioned In Spite Of Q2 Shortfall http://t.co/Vfdtuo9B52 $CSIQ $JASO $JKS $TSL
Seeking Alpha
28 Aug 14 06:53:58
Trina Solar Remains Well Positioned In Spite Of Q2 Shortfall http://t.co/Vfdtuo9B52 $CSIQ $JASO $JKS $TSL
Minh Peacock
27 Aug 14 22:17:02
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Beth House
27 Aug 14 21:04:40
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Rhett Estes
27 Aug 14 21:04:37
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Raymond Curry
27 Aug 14 20:48:23
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Chas Denton
27 Aug 14 20:48:22
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
Josef Dowdy
27 Aug 14 20:32:55
RT @sk7son: What Happened To JA Solar $JASO? | Solar Feeds News
				
				
By  +Follow March 17, 2014 7:32AM
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