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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
Phillip J Harris
1 Oct 14 13:03:39
@AjTrader7 how much longer are we giving $JASO to make a move?
AwesomeCalls
1 Oct 14 12:56:12
Added a few more $JASO just now on my swing at $8.98 have decent size now with a 9.19 avg. on a swing. My adds help, even though down a bit.
PennyStock Zone
1 Oct 14 10:50:03
Multimillionaire trader SUPERTRADES and his EASY to replicate strategy can make you money! http://t.co/Ho9ydXHTWl $GLD $USU $JASO $SALE
Semiconductors Feed
1 Oct 14 10:03:28
Dougherty & Co Initiates Coverage on JA Solar Holdings Co., Ltd. (JASO) $jaso http://t.co/WGz3qEqpJE http://t.co/zb4oAJEhvx
Tech Industry Feed
1 Oct 14 10:03:20
Dougherty & Co Initiates Coverage on JA Solar Holdings Co., Ltd... $jaso #TechIndustry http://t.co/u8cpSDar6V http://t.co/UA3rktPs5N
Ticker Report
1 Oct 14 10:01:35
Dougherty & Co Initiates Coverage on JA Solar Holdings Co., Ltd. $JASO http://t.co/6FsjSxCk7b
SolarEnergyMaps
1 Oct 14 08:01:04
RT @derekpietro: IPO Vivint Solar $VSLR solid buy with healthy revenue and improving govt regulations. should price in the midpoint tonight…
AwesomeCalls
1 Oct 14 06:39:13
added a few more $JASO $8.96 on that pull. Average now 9.2122 Decent size. Stops at $8.50 gonna give it room But like my average here!
AwesomeCalls
1 Oct 14 06:32:32
added a few more $JASO at $9.13 have a nice average now.
AwesomeCalls
1 Oct 14 06:01:07
$JASO I have a $9.38 average with all of my adds yesterday. So if it drops at the open I will look to add more & simply hold it till $9.50+
China Stock Research
30 Sep 14 16:25:15
#Evergrade Group invests 90 billion in #China PV industry (Chinese) http://t.co/aNutVvK6Vl $TSL $YGE $JKS $JASO $DQ $CSIQ $SOL $HSOL
Kevin
30 Sep 14 14:35:38
@AjTrader7 $JASO was always a price of crap IMO! Hope it runs so i can at least break even here! I have a small position only thank god!
Derek Pietro
30 Sep 14 13:58:10
IPO Vivint Solar $VSLR solid buy with healthy revenue and improving govt regulations. should price in the midpoint tonight $FSLR $JASO $SCTY
nxtmill
30 Sep 14 13:45:19
$JASO what price is this ah???
AwesomeCalls
30 Sep 14 13:35:23
We had a nice day today. We started in Pre-Market with $GPRO and never looked back! $JASO just needs to get some footing then back in green!
WallStreetConsensus
30 Sep 14 13:09:38
Initiaitons 9/30: $DQ, $NXTD, $EGY, $ORBC, $JASO, $MOKO, $RRC, $STJ, $SCMP, $MDT, $IBM, $ORB, $CTSH http://t.co/iX3AnhW2bD
nxtmill
30 Sep 14 13:06:35
$JASO support hope for the best
AwesomeCalls
30 Sep 14 12:35:34
Added a few more $JASO at $9.26 moving stops to $8.75. I'm looking forward to this gaining ground and moving back up for a nice Swing Payday
Kevin
30 Sep 14 12:16:28
@AjTrader7 You gonna hold $JASO over night? Swing?
Nightcloud
30 Sep 14 11:48:35
$ASTI hod of $2.24, I think this Solar is similiar to $JASO in the beginning.
AwesomeCalls
30 Sep 14 11:40:13
@luciono86 For me Phillip. I'm ok to swing $JASO I have played it many times an it always does this when an u/g comes. I have more tolerence
Phillip J Harris
30 Sep 14 11:39:00
@AjTrader7 what about $JASO swing or day trade?
Large Void Bot
30 Sep 14 10:00:35
Popular: $CYBR, $SLV, $WYNN, $LVS, $NUAN, $AMT, $TK, $JASO, $LEN, $STRZA, $USLV, $OIL, $GDP, $KATE
Kevin
30 Sep 14 09:22:17
@wsduckk Your right $JASO has always been a POS IMO..
Kevin
30 Sep 14 09:17:08
@AjTrader7 Are you still holding this here $JASO. I got only a small position because i know it's always been a POS.
Semiconductors Feed
30 Sep 14 09:06:55
Dougherty & Co Initiates Coverage on JA Solar Holdings Co., Ltd. (JASO) $jaso http://t.co/74qzwuKfK6 http://t.co/1cYa68KGwi
Tech Industry Feed
30 Sep 14 09:06:55
Dougherty & Co Initiates Coverage on JA Solar Holdings Co., Ltd... $jaso #TechIndustry http://t.co/eULUr8krvi http://t.co/YHMgcIDUuN
WKRB News
30 Sep 14 09:06:15
Dougherty & Co Initiates Coverage on JA Solar Holdings Co., Ltd. $JASO http://t.co/x5zaWe5adN
AwesomeCalls
30 Sep 14 08:09:47
Were having ANOTHER incredible morning w/ $CPRX $GPRO & few others $JASO were still working on But WE do this EVERYDAY WE ALL trade together
AwesomeCalls
30 Sep 14 07:47:04
I'm in the GREEN now on $JASO with all my adds $9.49 I will still add if it drops to $9.25 Looking to exit today $9.60-$9.70+ on a DayTrade
AwesomeCalls
30 Sep 14 07:42:53
@wsduckk I've traded $JASO a lot this year, I got this stock down. Once you get a decent reading on a stock, you take the emotion out of it!
AwesomeCalls
30 Sep 14 07:41:19
@wsduckk I trade $JASO for what it is, simply a trading vehicle. I will continue to add to $9 area. I have a $9.49 average. #TradeNOemotion
RUCASO
30 Sep 14 07:30:46
RT @ConsumerFeed: JA Solar Holdings Co., Ltd. (ADR) initiated by Dougherty & Co at buy. http://t.co/4Nut2pmPcn $JASO #JASO
RUCASO
30 Sep 14 07:30:41
RT @AjTrader7: $JASO JA Solar: Hearing Dougherty initiating JASO with a By, $14 tgt (9.64 -0.03)
RUCASO
30 Sep 14 07:30:35
RT @markflowchatter: $JASO initiated with a $14 tgt at Dougherty also
AwesomeCalls
30 Sep 14 07:10:43
Added a few more $JASO at $9.41 to my $9.57 average. This $JASO did this last time to me and I ended up winning on each trade I took.
wsduckk
30 Sep 14 07:09:30
@AjTrader7 $JASO is bigtime turd...news/upgrade it spikes but fades faster. i lost ton on tesla/jaso news
AwesomeCalls
30 Sep 14 07:07:44
Funny EVERYTIME $JASO gets an upgrade or NEW PT to $14-$20 from an analyst First thing it does is sell-off I always end up scaling in 2 win
The Fly
30 Sep 14 07:03:57
$ACN $AAP $ANGI $AAPL $AZO $BSX $CDW $CTSH $EPAM $JASO $KEX $MOKO $MDT $NXTD $ORBC $PPL $RRC $STJ $TUES $ECOL ... http://t.co/T6C5BVA1xt
Jim
30 Sep 14 06:51:42
Picked up a small amount of $JASO for a day trade possible short swing$$$
Analyst Ratings
30 Sep 14 06:50:30
JA Solar Holdings Co., Ltd. (ADR) initiated by Dougherty & Co at buy. http://t.co/tPn3NHXdKK $JASO #JASO
US Consumer News
30 Sep 14 06:50:22
JA Solar Holdings Co., Ltd. (ADR) initiated by Dougherty & Co at buy. http://t.co/4Nut2pmPcn $JASO #JASO
AwesomeCalls
30 Sep 14 06:46:40
Added a few more $JASO $9.51 on that pull to lod. Noticed 5 day chart $9.50 was the low/base. Think $9.50 is bottom. Stops at $9 firm
AwesomeCalls
30 Sep 14 06:40:21
Taking a few LONG $JASO at $9.57 on that DOUGHERTY call see if we get some bounce on it. Yesterday it closed at $9.67 so we have some room
AwesomeCalls
30 Sep 14 06:37:39
$JASO JA Solar: Hearing Dougherty initiating JASO with a By, $14 tgt (9.64 -0.03)
Marc Lehman
30 Sep 14 06:36:03
$JASO initiated with a $14 tgt at Dougherty also
4-traders.com
30 Sep 14 06:35:11
JA Solar : Largest Solar Farm of its Kind in North America Completed http://t.co/wLqtPoZ8vY $JASO
PV Energy Stocks
30 Sep 14 03:48:27
RT @SeekingAlpha: JA Solar - A Great Company, But A Miserable Stock http://t.co/2ogsdP0VcQ $JASO
Brklyn Solar Consult
30 Sep 14 03:47:49
“@SeekingAlpha: JA Solar - A Great Company, But A Miserable Stock http://t.co/k9vQIcudWD $JASO”
Seeking Alpha
30 Sep 14 02:36:41
JA Solar - A Great Company, But A Miserable Stock http://t.co/2ogsdP0VcQ $JASO
				
				
By  +Follow March 17, 2014 7:32AM
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