|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.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
Oct. 22, 2016 04:30 AM EDT Reads: 791
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
Oct. 22, 2016 03:30 AM EDT Reads: 1,661
The Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source IoT framework, today announced that the two organizations’ boards have approved a merger under the OCF name and bylaws. This merger will advance interoperability between connected devices from both groups, enabling the full operating potential of IoT and representing a significant step towards a connected ecosystem.
Oct. 22, 2016 02:45 AM EDT Reads: 1,147
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Oct. 22, 2016 02:45 AM EDT Reads: 3,283
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his session at @DevOpsSummit 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will show how customers are able to achieve a level of transparency that enables everyon...
Oct. 22, 2016 02:45 AM EDT Reads: 1,242
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and microservices. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your conta...
Oct. 22, 2016 02:00 AM EDT Reads: 1,390
DevOps theory promotes a culture of continuous improvement built on collaboration, empowerment, systems thinking, and feedback loops. But how do you collaborate effectively across the traditional silos? How can you make decisions without system-wide visibility? How can you see the whole system when it is spread across teams and locations? How do you close feedback loops across teams and activities delivering complex multi-tier, cloud, container, serverless, and/or API-based services?
Oct. 22, 2016 01:45 AM EDT Reads: 942
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Oct. 22, 2016 01:30 AM EDT Reads: 9,608
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables video streaming providers to monitor and analyze QoE (Quality-of-Experience) from end-user devices in real time.
Oct. 22, 2016 01:15 AM EDT Reads: 889
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Oct. 22, 2016 01:15 AM EDT Reads: 806
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 22, 2016 01:00 AM EDT Reads: 8,147
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
Oct. 22, 2016 12:30 AM EDT Reads: 3,490
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
Oct. 22, 2016 12:30 AM EDT Reads: 514
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
Oct. 22, 2016 12:15 AM EDT Reads: 966
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Oct. 22, 2016 12:00 AM EDT Reads: 940