|By PR Newswire||
|August 26, 2014 09:20 AM EDT||
LONDON, August 26, 2014 /PRNewswire/ --
Investor-Edge.com has issued complimentary post-earnings coverage and notes on JA Solar Holdings Company Ltd (NASDAQ: JASO). The company was featured in the headlines on Wednesday, August 20, 2014, for reporting a 47.0% Y-o-Y surge in total shipments in Q2 2014. Furthermore, in the reported quarter JA Solar Holdings Co. Ltd'sgross margin improved 710 basis points Y-o-Y. Our freecoverage report can be accessed at:
During Q2 2014, JA Solar Holdings Co. Ltd's total shipments were 681.8 megawatts (MW), compared to 638.1 MW in Q1 2014 and 463.7 MW in Q2 2013. The company's shipments ofmodules and module tolling in Q2 2014 were recorded at 445.8 MW, up14.9% Q-o-Q and up 75.6% Y-o-Y. Meanwhile, shipments ofcells and cell tolling for Q2 2014 stood at 236.0 MW, down 5.7% Q-o-Q and up 12.5% Y-o-Y. The company reported gross profit of RMB 367.90 million ($59.30 million) in Q2 2014 as compared to RMB 380.56 million in Q1 2014 and RMB 128.66 million in Q2 2013. Gross margin improved to 15.2% from 8.1% in Q2 2013, due to improved overall market conditions. However, gross margin decreased 150 basis points Q-o-Q primarily due to a higher percentage of module shipments to China, where the module average selling price declined slightly, and an adjustment of the minimum import price in European Union. The free research on JASO can be downloaded as in PDF format at:
For the quarter ended June 30, 2014, total operating expenses increased to RMB 278.22 million ($44.85 million), compared to RMB 219.69 million, in Q1 2014 and RMB 161.93 millionin Q2 2013. The company attributed sequential increase in operating expenses to increased freight and insurance expenses associated with increased module shipments, especially to the Americas. As of June 30, 2014, the company had cash and cash equivalents of RMB 2.03 billion ($326.93 million), compared to RMB 2.12 billion as of December 31, 2013. In Q2 2014, the company completed its capacity expansion and now has annual wafer production capacity of 1.0 gigawatt (GW), annual cell production capacity of 2.8 GW, and annual module production capacity of 2.8 GW.
Mr. Baofang Jin, JA Solar Holdings Co. Ltd's Chairman and Chief Executive Officer said that the company had reported satisfactory second quarter 2014 results, with strong revenue growth, continued bottom-line profitability and progress in its transition from cells to modules as the company's main revenue stream, which has helped the company to emerge as a tier 1 module supplier in the world. He informed that the company is moving forward with its downstream business and expects both growth and profitability in the H2 2014,backed by accelerating activity in China, and continued favorable product and geographic mix. The company expects total cell and module shipments to be in the range of 730-760 MW for Q3 2014 and expects to ship between 2.9 -3.1 GW in FY 2014. Sign up and read the free analyst's notes on JASO at:
The Shanghai, China-based company reported net revenue of RMB 2.42 billion ($390.48 million) for Q2 2014, compared to RMB 2.28 billion in Q1 2014 and RMB 1.58 billion in Q2 2013. Net income in Q2 2014 stood at RMB 40.10 million ($6.46 million), compared to RMB 85.01 million, in Q1 2014 and net loss of RMB 132.43 million in Q2 2013. The company's earnings per diluted ADS were RMB 0.59 ($0.10) in Q2 2014, compared to an earnings per diluted ADS of RMB 1.41 ($0.23) in the Q1 2014 and a loss per diluted ADS of RMB 3.58 ($0.58)in Q2 2013. Meanwhile, JA Solar Holdings Co. Ltd's non-GAAP earnings per diluted ADS for Q2 2014 were RMB 0.87 ($0.14), compared to non-GAAP earnings per diluted ADS of RMB 1.99 ($0.32)in Q1 2014 and non-GAAP loss per diluted ADS of RMB 3.58 ($0.58) in Q2 2013. For Q2 2014, analysts at Bloomberg expected net income of RMB 64.99 million ($10.43 million) and earnings per diluted shareof RMB 1.31 ($0.21) on net revenue of RMB 2.43 billion ($394.0 million).
On the day of the earnings release, Wednesday, August 20, 2014, JA Solar Holdings Co. Ltd's shares plummeted 6.31% to end the session at $9.36. On the last close, Monday, August 25, 2014, the stock lost 2.02% further to close at $9.23. The stock vacillated between $9.17 and $9.57 during the session. A total of 2.83 million shares were traded, which was above its three months average volume of 2.46 million shares. JA Solar Holdings Co. Ltd's shares have gained 1.39% in the previous three trading sessions, 3.05% in the last one month, and 4.15 % in the last three months. The company's shares are trading below their 50-day and 200-day moving averages of $9.74 and $9.93, respectively. JA Solar Holdings Co. Ltd's stock has a Relative Strength Index (RSI) of 51.52. Visit Investor-Edge and access the latest research on JASO at:
Sneak Peek to Corporate Insider Trading
In the last one month, JA Solar Holdings Co. Ltd has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC). Complimentary in-depth research on JASO is available at:
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Sep. 1, 2015 12:15 PM EDT Reads: 247
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
Sep. 1, 2015 12:00 PM EDT Reads: 236
In 2014, the market witnessed a massive migration to the cloud as enterprises finally overcame their fears of the cloud’s viability, security, etc. Over the past 18 months, AWS, Google and Microsoft have waged an ongoing battle through a wave of price cuts and new features. For IT executives, sorting through all the noise to make the best cloud investment decisions has become daunting. Enterprises can and are moving away from a "one size fits all" cloud approach. The new competitive field has ...
Sep. 1, 2015 11:51 AM EDT
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes ab...
Sep. 1, 2015 11:45 AM EDT Reads: 671
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
Sep. 1, 2015 11:45 AM EDT Reads: 318
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
Sep. 1, 2015 11:45 AM EDT Reads: 489
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Sep. 1, 2015 11:15 AM EDT Reads: 368
eCube Systems has released NXTmonitor, a full featured application orchestration solution. NXTmonitor, which inherited the code base of NXTminder, has been extended to support multi-discipline processes and will act as a DevOps utility in a heterogeneous enterprise environment. Previously, NXTminder was packaged with NXTera middleware to configure and manage Entera and NXTera RPC servers. “Since we are widening the focus of this solution to DevOps, we felt the need to change the name to NXTmon...
Sep. 1, 2015 11:15 AM EDT
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of ...
Sep. 1, 2015 11:15 AM EDT Reads: 225
Amazon and Google have built software-defined data centers (SDDCs) that deliver massively scalable services with great efficiency. Yet, building SDDCs has proven to be a near impossibility for ‘normal’ companies without hyper-scale resources. In his session at 17th Cloud Expo, David Cauthron, founder and chief executive officer of Nimboxx, will discuss the evolution of virtualization (hardware, application, memory, storage) and how commodity / open source hyper converged infrastructure (HCI) so...
Sep. 1, 2015 10:45 AM EDT
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
Sep. 1, 2015 10:45 AM EDT Reads: 605
Enterprises can achieve rigorous IT security as well as improved DevOps practices and Cloud economics by taking a new, cloud-native approach to application delivery. Because the attack surface for cloud applications is dramatically different than for highly controlled data centers, a disciplined and multi-layered approach that spans all of your processes, staff, vendors and technologies is required. This may sound expensive and time consuming to achieve as you plan how to move selected applicati...
Sep. 1, 2015 10:29 AM EDT
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
Sep. 1, 2015 09:45 AM EDT Reads: 237
Contrary to mainstream media attention, the multiple possibilities of how consumer IoT will transform our everyday lives aren’t the only angle of this headline-gaining trend. There’s a huge opportunity for “industrial IoT” and “Smart Cities” to impact the world in the same capacity – especially during critical situations. For example, a community water dam that needs to release water can leverage embedded critical communications logic to alert the appropriate individuals, on the right device, as...
Sep. 1, 2015 09:00 AM EDT
U.S. companies are desperately trying to recruit and hire skilled software engineers and developers, but there is simply not enough quality talent to go around. Tiempo Development is a nearshore software development company. Our headquarters are in AZ, but we are a pioneer and leader in outsourcing to Mexico, based on our three software development centers there. We have a proven process and we are experts at providing our customers with powerful solutions. We transform ideas into reality.
Sep. 1, 2015 08:45 AM EDT Reads: 549