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 under the laws 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
12/20170.98NA7.61
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 2017 Leverage 2017
Net Inc/Comm Equity0.05Total Liab/Total Assets0.68
Net Inc/Total Assets0.01Total Liab/Inv Cap2.02
Net Inc/Inv Cap0.04Total Liab/Comm Equity2.49
Pretax Inc/Net Sales0.02Interest Coverage Ratio2.23
Net Inc/Net Sales0.02Curr Debt/Equity0.58
Cash Flow/Net Sales0.09LTD/Equity0.30
SG&A/NetSales0.08Total Debt/Equity0.88
Asset Utilization   Liquidity  
Net Receivables Turnover5.81Quick Ratio0.65
Inventory Turnover5.96Current Ratio1.00
Inventory Day Sales0.01Net Rec/Curr Assets0.32
Net Sales/Work Cap1561.80Inv/Curr Assets0.35
Net Sales/PP&E3.01  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 3,018.96 2,264.46 2,082.88 1,820.68
Cost of Goods Sold 2,648.98 1,934.43 1,729.83 1,537.56
Selling & Admin Exps 235.02 173.66 191.95 153.82
Operating Income 109.90 129.96 133.21 106.79
Interest Exp 49.82 40.91 38.40 37.02
Pretax Income 61.21 121.29 118.86 83.82
Other Income -0.29 30.83 6.49 1.10
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 47.51 99.80 80.40 56.38

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 380.79 490.13 546.20 481.64
Receivables - Total 490.69 548.35 672.75 485.55
Inventories - Total 534.57 354.05 255.72 304.04
Total Current Assets 1,532.24 1,477.11 1,543.75 1,386.28
Net Property, Plant & Equipment 1,004.18 751.06 672.25 671.62
Total Assets 3,198.99 2,738.51 2,511.07 2,334.59
Liabilities        
Accounts Payable 930.36 750.09 719.20 673.24
Debt in Current Liabilities 599.95 494.73 385.70 387.38
Total Current Liabilities 1,530.31 1,244.82 1,104.91 1,060.62
Long-Term Debt 316.55 388.72 378.99 306.64
Total Liabilities 2,160.00 1,808.78 1,614.85 1,470.60
Stockholder's Equity        
Minority Interest 0.03 0.03 15.01 17.20
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 64.84 30.52 -55.28 -117.12
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,038.99 929.73 896.22 863.99
Total Liabilities and Stockholders' Equity 3,198.99 2,738.51 2,511.07 2,334.59

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 277.04 146.73 193.66 84.81
Net Cash Provided by Investing Activities -503.59 -444.05 -169.89 -221.27
Net Cash Provided by Financing Activities 69.88 245.54 86.77 141.40

Annual Summary Data (Millions)

Year Sales Net Income EPS
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
12/20173,018.9647.510.98
Growth Rates26.30----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/188711,5834.94




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.