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ja solar holdings co ltd-adr (JASO) Key Developments

JA Solar Holdings Co., Ltd. Announces Preliminary Results for the First Quarter Ended March 31, 2014

JA Solar Holdings Co., Ltd. announced preliminary results for the first quarter ended March 31, 2014. For the quarter, based on preliminary financial information, the company currently expects total shipment volume to exceed 620 MW, ahead of its previously announced guidance of 580 MW to 610 MW. The company also expects sequential gross margin improvement in the quarter. Furthermore, the company reiterates its full year cell and module shipments guidance of between 2.7 GW and 2.9 GW, which includes 200 MW of module shipments to the company's downstream projects.

JA Solar Holdings Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Production Guidance for the First Quarter and Full Year 2014

JA Solar Holdings Co., Ltd. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported net revenues of RMB 2,163,044,000 against RMB 1,670,241,000 a year ago. Income from operations was RMB 58,874,000 against loss of RMB 493,923,000 a year ago. Income before income taxes was RMB 99,512,000 against loss of RMB 576,806,000 a year ago. Net income attributable to the company was RMB 142,384,000 or RMB 0.38 per diluted share against loss of RMB 582,133,000 or RMB 3.01 per diluted share a year ago. Non-GAAP net income attributable to the company was RMB 55,125,000 or RMB 0.19 per basic and diluted share against loss of RMB 582,133,000 or RMB 3.01 per basic and diluted share a year ago. Operating cash flow was positive RMB 426.1 million compared with positive RMB 623.4 million in the third quarter of 2013. Total shipments in the fourth quarter of 2013 were 665.5 MW, exceeding the high end of the company's previously provided guidance of 500 MW to 550 MW, and representing a 33.0% increase from the 500.2 MW shipped in the third quarter of 2013, and a 33.0% increase from 500.4 MW in the fourth quarter of 2012. For the year, the company reported net revenues of RMB 7,182,789,000 against RMB 6,719,065,000 a year ago. Loss from operations was RMB 91,253,000 against RMB 1,440,221,000 a year ago. Loss before income taxes was RMB 441,519,000 against RMB 1,662,257,000 a year ago. Loss from continuing operations was RMB 1,717,978,000 against RMB 572,098,000 a year ago. Net loss attributable to the company was RMB 473,676,000 or RMB 2.35 per diluted share against RMB 1,662,257,000 or RMB 8.53 per diluted share a year ago. Non-GAAP net income attributable to the company was RMB 378,206,000 or RMB 1.88 per basic and diluted share against RMB 1,662,288,000 or RMB 8.53 per basic and diluted share a year ago. Operating cash flow was positive RMB 1.5 billion compared to operating cash flow of positive RMB 8.6 million in fiscal year 2012. Fiscal year 2013 shipments were 2.1 GW, an increase of 21.7% from 1.7 GW in fiscal year 2012. The company provided production guidance for the first quarter and full year 2014. For the first quarter of 2014, the company expects total cell and module shipments to be between 580 MW and 610 MW. For the full year 2014, the company expects total cell and module shipments to be between 2.7 GW and 2.9 GW, including 200 MW of module shipments to the Company's downstream projects.

JA Solar USA Presents at Greentech Media's Annual Solar Conference 2014, Apr-15-2014 02:15 PM

JA Solar USA Presents at Greentech Media's Annual Solar Conference 2014, Apr-15-2014 02:15 PM. Venue: The Wigwam Resort, 300 East Wigwam Boulevard, Litchfield Park, Phoenix, AZ 85340, Arizona, United States. Speakers: Jeff Dorety, Vice President of Sales.

JA Solar Holdings Co., Ltd., Q4 2013 Earnings Call, Mar 17, 2014

JA Solar Holdings Co., Ltd., Q4 2013 Earnings Call, Mar 17, 2014

JA Solar Holdings Co., Ltd. to Report Q4, 2013 Results on Mar 17, 2014

JA Solar Holdings Co., Ltd. announced that they will report Q4, 2013 results at 9:00 AM, China Standard Time on Mar 17, 2014

 

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