Stock Market Watch

JA Solar Holdings performance relatively well

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JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO). Last Market Price: 1.54, Change: +0.02, % Change: (1.32%). Shares trade in the range of 1.40 – 1.54 dollars. It has a market capitalization of 263.34M dollars, making it a Small Cap Stock and has 171.00M outstanding shares. The company has a beta of 3.09, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.31; P/E of 1.18 indicating that the stock may be undervalued. It operates in Technology sector and belongs to Semiconductors industry. Percentage shares held by institutional investors is 26%. The company has a 52 week Price range (low – high) of $ 1.40 – 8.57. Average volumes of shares traded daily are 4,690,000. Volume traded in the last session was at 1,770,000, 0.38 times the average volume.

For Q2 (Jun ’11), It had a Net profit margin of -8.58%, an Operating margin of -7.57%. Other Key stats and ratios are : Return on average assets of -6.63%, Return on average equity of -12.99%. The organization has an employee strength of 10,725

  • States: While ongoing macro-economic and industry volatility continued to restrain demand, overall product shipments were at the low end of our guidance at 445MW. With the European debt crisis limiting the amount of financing available for solar power projects, we did not see the anticipated demand recovery in major European markets during the month of Sept.
  • However, JA Solar performed relatively well as customers increasingly relied on top tier suppliers with strong liquidity. In the current market environment, where customers have more choices of products and suppliers, we have seen customers shifting more of their orders to suppliers who can deliver high power products together with a strong brand, a reputation for quality, and a healthy balance sheet. JA Solar’s suite of industry-leading high-performance products gives us a clear advantage and this is particularly evident in our module shipments for the third quarter, which grew by more than 45% sequentially. Our gross margin for the quarter has been impacted by an inventory provision of US$21.7 million. Excluding this inventory provision, gross margin would have been positive

Sales for Quarter Ending Mar-09 was estimated at 81.73 million dollars, however the actual sales figure stood at 25.13 million dollars, 56.6 million dollars less than estimates.


Sales for Quarter Ending Dec-08 was estimated at 93.57 million dollars, however the actual sales figure stood at 113.56 million dollars, 20 million dollars more than estimates.

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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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