Company Information

  

Address: 7/F, 36 JIANG CHANG SAN ROAD
ZHABEI 
City: SHANGHAI 
State:  
Zip Code: 200436 
Telephone: (86-21) 6095-5888 

Description of Business

Primary SIC Code: 3674
(As filed with the SEC)  

Our ultimate holding company, JA Solar, was incorporated on July 6, 2006 as an exempted company with limited liability. JA Solar is governed by the Companies Law of the Cayman Islands. We commenced our business in May 2005 through JA Hebei, a limited liability company established in China. To enable us to raise equity capital from investors outside of China, we incorporated JA BVI in the British Virgin Islands in July 2006, and established a holding company structure by restructuring JA Hebei as a wholly-owned subsidiary of JA BVI. In August 2006, we undertook a further restructuring by issuing shares of JA Solar to all existing shareholders of JA BVI in exchange for all of the shares that these shareholders held in JA BVI. As a result, JA BVI became a wholly-owned subsidiary of JA Solar. We completed our initial public offering in February 2007 and had our ADSs listed on the NASDAQ Stock Market.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.42NA11.33
12/20151.63NA5.95
12/20140.18NA45.47
12/2013-1.94NAN/E
12/2012-6.85NAN/E
12/2011-85.50NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.12Total Liab/Total Assets0.66
Net Inc/Total Assets0.04Total Liab/Inv Cap1.81
Net Inc/Inv Cap0.10Total Liab/Comm Equity2.22
Pretax Inc/Net Sales0.05Interest Coverage Ratio3.96
Net Inc/Net Sales0.04Curr Debt/Equity0.53
Cash Flow/Net Sales0.06LTD/Equity0.42
SG&A/NetSales0.08Total Debt/Equity0.95
Asset Utilization   Liquidity  
Net Receivables Turnover3.71Quick Ratio0.90
Inventory Turnover6.34Current Ratio1.19
Inventory Day Sales0.01Net Rec/Curr Assets0.37
Net Sales/Work Cap9.75Inv/Curr Assets0.24
Net Sales/PP&E3.02  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 2,264.46 2,082.88 1,820.68 1,186.47
Cost of Goods Sold 1,934.43 1,729.83 1,537.56 1,060.56
Selling & Admin Exps 173.66 191.95 153.82 126.40
Operating Income 129.96 133.21 106.79 -15.07
Interest Exp 40.91 38.40 37.02 47.18
Pretax Income 121.29 118.86 83.82 -72.93
Other Income 30.83 6.49 1.10 -17.67
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 99.80 80.40 56.38 -78.59

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 490.13 546.20 481.64 447.34
Receivables - Total 548.35 672.75 485.55 290.83
Inventories - Total 354.05 255.72 304.04 222.52
Total Current Assets 1,477.11 1,543.75 1,386.28 1,049.25
Net Property, Plant & Equipment 751.06 672.25 671.62 686.85
Total Assets 2,738.51 2,511.07 2,334.59 1,962.65
Liabilities        
Accounts Payable 750.09 719.20 673.24 487.50
Debt in Current Liabilities 494.73 385.70 387.38 345.17
Total Current Liabilities 1,244.82 1,104.91 1,060.62 832.67
Long-Term Debt 388.72 378.99 306.64 282.18
Total Liabilities 1,808.78 1,614.85 1,470.60 1,199.46
Stockholder's Equity        
Minority Interest 0.03 15.01 17.20 13.85
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 30.52 -55.28 -117.12 -185.62
Treasury Stock NA NA NA NA
Total Stockholders' Equity 929.73 896.22 863.99 763.19
Total Liabilities and Stockholders' Equity 2,738.51 2,511.07 2,334.59 1,962.65

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 146.73 193.66 84.81 241.94
Net Cash Provided by Investing Activities -444.05 -169.89 -221.27 -101.42
Net Cash Provided by Financing Activities 245.54 86.77 141.40 -292.69

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,078.45-273.78-6.85
12/20131,186.47-78.59-1.94
12/20141,820.6856.380.18
12/20152,082.8880.401.63
12/20162,264.4699.800.42
Growth Rates20.38----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/178915,4016.47




Report Date : 12/11/2017

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