Welcome!

News Feed Item

Post-Earnings Coverage and Notes -JA Solar Holdings

Editor Note: For more information about this release, please scroll to bottom.

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:

http://www.investor-edge.com/register

Earnings Overview  

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:

http://www.Investor-Edge.com/JASOFreeReport

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:

http://www.Investor-Edge.com/JASO-26082014

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).

Stock Performance    

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:

http://www.Investor-Edge.com/JASOEarningsCoverage

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:

http://www.Investor-Edge.com/JASOInsiderTrading

About Investor-Edge.com 

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.

===============

EDITOR'S NOTES:

===============

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.

COMPLIANCE PROCEDURE

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.

http://www.Investor-Edge.com

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
IT organizations are moving to the cloud in hopes to approve efficiency, increase agility and save money. Migrating workloads might seem like a simple task, but what many businesses don’t realize is that application migration criteria differs across organizations, making it difficult for architects to arrive at an accurate TCO number. In his session at 21st Cloud Expo, Joe Kinsella, CTO of CloudHealth Technologies, will offer a systematic approach to understanding the TCO of a cloud application...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Secure Channels, a cybersecurity firm, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Secure Channels, Inc. offers several products and solutions to its many clients, helping them protect critical data from being compromised and access to computer networks from the unauthorized. The company develops comprehensive data encryption security strategie...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics ...
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyer belt between the Software Factory and production stages. Artifacts are m...
Cloud resources, although available in abundance, are inherently volatile. For transactional computing, like ERP and most enterprise software, this is a challenge as transactional integrity and data fidelity is paramount – making it a challenge to create cloud native applications while relying on RDBMS. In his session at 21st Cloud Expo, Claus Jepsen, Chief Architect and Head of Innovation Labs at Unit4, will explore that in order to create distributed and scalable solutions ensuring high availa...
Cloud adoption is often driven by a desire to increase efficiency, boost agility and save money. All too often, however, the reality involves unpredictable cost spikes and lack of oversight due to resource limitations. In his session at 20th Cloud Expo, Joe Kinsella, CTO and Founder of CloudHealth Technologies, tackled the question: “How do you build a fully optimized cloud?” He will examine: Why TCO is critical to achieving cloud success – and why attendees should be thinking holistically abo...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...