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5.61 (1y: +14%)
Market Cap 217.85 M P/E(ttm)
Enterprise Value 638.94 M P/B 0.28
JASO- NAS (USA)
JA Solar Holdings Co., ADR
Not Rated
Top Ranked Predictable Companies
$5.61
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.539
JASO's Cash to Debt is ranked lower than
67% of the 622 Companies
in the Global Solar industry.

( Industry Median: 10000.00 vs. JASO: 0.539 )
JASO' s 10-Year Cash to Debt Range
Min: 0.54   Max: 9.74
Current: 0.54
0.54
9.74
Equity to Asset 0.372
JASO's Equity to Asset is ranked lower than
78% of the 622 Companies
in the Global Solar industry.

( Industry Median: 0.59 vs. JASO: 0.372 )
JASO' s 10-Year Equity to Asset Range
Min: 0.37   Max: 0.9
Current: 0.37
0.37
0.9
F-Score: 3
Z-Score: 0.14
M-Score: -4.61
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry		 vs
history
Operating margin (%) -21.40
JASO's Operating margin (%) is ranked lower than
63% of the 622 Companies
in the Global Solar industry.

( Industry Median: 2.60 vs. JASO: -21.40 )
JASO' s 10-Year Operating margin (%) Range
Min: -21.4   Max: 18.8
Current: -21.4
-21.4
18.8
Net-margin (%) -24.7
JASO's Net-margin (%) is ranked lower than
57% of the 622 Companies
in the Global Solar industry.

( Industry Median: 1.40 vs. JASO: -24.7 )
JASO' s 10-Year Net-margin (%) Range
Min: -24.7   Max: 18.4
Current: -24.7
-24.7
18.4
ROE (%) -34
JASO's ROE (%) is ranked lower than
58% of the 622 Companies
in the Global Solar industry.

( Industry Median: 2.00 vs. JASO: -34 )
JASO' s 10-Year ROE (%) Range
Min: -34   Max: 65.6
Current: -34
-34
65.6
ROA (%) -12.7
JASO's ROA (%) is ranked lower than
57% of the 622 Companies
in the Global Solar industry.

( Industry Median: 1.20 vs. JASO: -12.7 )
JASO' s 10-Year ROA (%) Range
Min: -12.7   Max: 26.1
Current: -12.7
-12.7
26.1
ROC (Joel Greenblatt) (%) -16.50
JASO's ROC (Joel Greenblatt) (%) is ranked lower than
57% of the 622 Companies
in the Global Solar industry.

( Industry Median: 4.80 vs. JASO: -16.50 )
JASO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -16.5   Max: 30.3
Current: -16.5
-16.5
30.3
Revenue Growth (%) 10.2
JASO's Revenue Growth (%) is ranked higher than
95% of the 622 Companies
in the Global Solar industry.

( Industry Median: 4.80 vs. JASO: 10.2 )
JASO' s 10-Year Revenue Growth (%) Range
Min: 10.2   Max: 36.7
Current: 10.2
10.2
36.7
EPS Growth (%) 80.7
JASO's EPS Growth (%) is ranked lower than
65% of the 622 Companies
in the Global Solar industry.

( Industry Median: 2.90 vs. JASO: 80.7 )
JASO' s 10-Year EPS Growth (%) Range
Min: 10   Max: 80.7
Current: 80.7
10
80.7
» JASO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

JASO Guru Trades in Q2 2012

Jim Simons 1,701,600 sh (+23.18%)
» More
Q3 2012

JASO Guru Trades in Q3 2012

Jim Simons 2,174,500 sh (+27.79%)
» More
Q4 2012

JASO Guru Trades in Q4 2012

Jim Simons 506,860 sh (-76.69%)
» More
Q1 2013

JASO Guru Trades in Q1 2013

Jim Simons 470,460 sh (-7.18%)
» More
» Details

Insider Trades

Latest Guru Trades with JASO

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Hussman 2012-03-31 Sold Out $1.32 - $2.2 $ 5.61232%0
George Soros 2011-06-30 Sold Out $5.02 - $6.94 $ 5.61-6%0
George Soros 2011-03-31 Reduce -40%0.02%$6.31 - $8.515 $ 5.61-22%300000
George Soros 2010-12-31 New Buy0.05%$6.67 - $9.845 $ 5.61-30%500000
John Hussman 2010-12-31 Add 100%$6.67 - $9.845 $ 5.61-30%20000
Mario Gabelli 2010-12-31 Sold Out $6.67 - $9.845 $ 5.61-30%0
Mario Gabelli 2010-09-30 New Buy$5.08 - $8.91 $ 5.61-13%45000
John Hussman 2010-09-30 Add 25%$5.08 - $8.91 $ 5.61-13%10000
Mario Gabelli 2010-06-30 Sold Out $4.25 - $6.92 $ 5.613%0
John Hussman 2010-03-31 New Buy$4.3 - $6.8 $ 5.619%8000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 0.28
JASO's P/B is ranked higher than
95% of the 622 Companies
in the Global Solar industry.

( Industry Median: 1.28 vs. JASO: 0.28 )
JASO' s 10-Year P/B Range
Min: 0.13   Max: 6.84
Current: 0.28
0.13
6.84
P/S 0.20
JASO's P/S is ranked higher than
93% of the 622 Companies
in the Global Solar industry.

( Industry Median: 1.10 vs. JASO: 0.20 )
JASO' s 10-Year P/S Range
Min: 0.1   Max: 7.57
Current: 0.2
0.1
7.57
EV-to-EBIT -2.72
JASO's EV-to-EBIT is ranked higher than
98% of the 622 Companies
in the Global Solar industry.

( Industry Median: 14.70 vs. JASO: -2.72 )
JASO' s 10-Year EV-to-EBIT Range
Min: 1.9   Max: 413.3
Current: -2.72
1.9
413.3
Shiller P/E 8.1
JASO's Shiller P/E is ranked higher than
92% of the 622 Companies
in the Global Solar industry.

( Industry Median: 14.80 vs. JASO: 8.1 )
JASO' s 10-Year Shiller P/E Range
Min: 9.57   Max: 21.43
Current: 8.1
9.57
21.43

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 0.8
JASO's Price/Net Cash is ranked lower than
57% of the 622 Companies
in the Global Solar industry.

( Industry Median: 5.30 vs. JASO: 0.8 )
JASO' s 10-Year Price/Net Cash Range
Min: 0.5   Max: 10.4
Current: 0.8
0.5
10.4
Price/Net Current Asset Value 0.5
JASO's Price/Net Current Asset Value is ranked higher than
67% of the 622 Companies
in the Global Solar industry.

( Industry Median: 6.80 vs. JASO: 0.5 )
JASO' s 10-Year Price/Net Current Asset Value Range
Min: 0.4   Max: 103.9
Current: 0.5
0.4
103.9
Price/Tangible Book 0.3
JASO's Price/Tangible Book is ranked lower than
63% of the 622 Companies
in the Global Solar industry.

( Industry Median: 1.40 vs. JASO: 0.3 )
JASO' s 10-Year Price/Tangible Book Range
Min: 0.2   Max: 4.7
Current: 0.3
0.2
4.7
Price/Median PS Value 0.3
JASO's Price/Median PS Value is ranked higher than
69% of the 622 Companies
in the Global Solar industry.

( Industry Median: 0.80 vs. JASO: 0.3 )
JASO' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 8.7
Current: 0.3
0.2
8.7
Earnings Yield (Greenblatt) 70.30
JASO's Earnings Yield (Greenblatt) is ranked higher than
99% of the 622 Companies
in the Global Solar industry.

( Industry Median: 5.60 vs. JASO: 70.30 )
JASO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 52.1
Current: 70.3
0.2
52.1
Forward Rate of Return (Yacktman) -83.07
JASO's Forward Rate of Return (Yacktman) is ranked higher than
63% of the 622 Companies
in the Global Solar industry.

( Industry Median: 2.30 vs. JASO: -83.07 )
JASO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -5.1   Max: -1.3
Current: -83.07
-5.1
-1.3

Business Description

JA Solar Holdings Co., Ltd is a China-based manufacturer of high-performance solar cells. It is focused on solar cell design and manufacturing, a stage in the solar power industry value chain. JA Solar designs, manufactures and markets high-performance solar cells, which are made from specially processed silicon wafers. The company's solar cells are assembled and integrated into solar modules and systems that convert sunlight into electricity through a process known as the photovoltaic effect. Solar cells are the key components of solar modules. In 2008, it sold solar cells with a total power output of approximately 271 MW. The company also provides cell processing services to some of its customers who supply it with their own wafers and it process these wafers into solar cells that are sold back to them. In 2008, the company produced approximately 33 MW of solar cells under this arrangement. Solar modules and systems that incorporate its products are distributed globally, including to end-customers in China, Germany, Spain, South Korea and the United States. In the global market, the Company's competitors include photovoltaic divisions of conglomerates, such as Sharp Corporation and Sanyo Electric Co., Ltd., specialized cell and module manufacturers such as Motech Industries, Inc. and Q-Cells AG, as well as integrated manufacturers of photovoltaic products such as SolarWorld AG.
Company Website
Industry: Solar
Compare:FSLR, SPWR, SOL, CSSXF, TSL
Traded in other countries:YI2A.Germany

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