Switch to:
Also traded in: Germany, Mexico, Switzerland

GuruFocus Financial Strength Rank measures how strong a company’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 0.52
JASO's Cash-to-Debt is ranked lower than
72% of the 855 Companies
in the Global Solar industry.

( Industry Median: 1.62 vs. JASO: 0.52 )
Ranked among companies with meaningful Cash-to-Debt only.
JASO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33  Med: 0.64 Max: No Debt
Current: 0.52
Equity-to-Asset 0.32
JASO's Equity-to-Asset is ranked lower than
87% of the 852 Companies
in the Global Solar industry.

( Industry Median: 0.60 vs. JASO: 0.32 )
Ranked among companies with meaningful Equity-to-Asset only.
JASO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3  Med: 0.4 Max: 0.96
Current: 0.32
0.3
0.96
Debt-to-Equity 0.94
JASO's Debt-to-Equity is ranked lower than
80% of the 647 Companies
in the Global Solar industry.

( Industry Median: 0.36 vs. JASO: 0.94 )
Ranked among companies with meaningful Debt-to-Equity only.
JASO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05  Med: 0.78 Max: 1.18
Current: 0.94
0.05
1.18
Debt-to-EBITDA 6.41
JASO's Debt-to-EBITDA is ranked lower than
82% of the 546 Companies
in the Global Solar industry.

( Industry Median: 1.78 vs. JASO: 6.41 )
Ranked among companies with meaningful Debt-to-EBITDA only.
JASO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.54  Med: 2.85 Max: 17.77
Current: 6.41
-13.54
17.77
Interest Coverage 2.62
JASO's Interest Coverage is ranked lower than
90% of the 667 Companies
in the Global Solar industry.

( Industry Median: 55.34 vs. JASO: 2.62 )
Ranked among companies with meaningful Interest Coverage only.
JASO' s Interest Coverage Range Over the Past 10 Years
Min: 0.4  Med: 3.47 Max: 67.68
Current: 2.62
0.4
67.68
Piotroski F-Score: 3
Altman Z-Score: 1.16
WACC vs ROIC
3.75%
6.27%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’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 : 5/10

vs
industry
vs
history
Operating Margin % 4.63
JASO's Operating Margin % is ranked lower than
55% of the 853 Companies
in the Global Solar industry.

( Industry Median: 5.72 vs. JASO: 4.63 )
Ranked among companies with meaningful Operating Margin % only.
JASO' s Operating Margin % Range Over the Past 10 Years
Min: -21.43  Med: 5.81 Max: 16.81
Current: 4.63
-21.43
16.81
Net Margin % 2.82
JASO's Net Margin % is ranked lower than
57% of the 853 Companies
in the Global Solar industry.

( Industry Median: 4.67 vs. JASO: 2.82 )
Ranked among companies with meaningful Net Margin % only.
JASO' s Net Margin % Range Over the Past 10 Years
Min: -24.74  Med: 4.05 Max: 14.93
Current: 2.82
-24.74
14.93
ROE % 7.85
JASO's ROE % is ranked higher than
57% of the 837 Companies
in the Global Solar industry.

( Industry Median: 5.98 vs. JASO: 7.85 )
Ranked among companies with meaningful ROE % only.
JASO' s ROE % Range Over the Past 10 Years
Min: -29.36  Med: 7.97 Max: 30.86
Current: 7.85
-29.36
30.86
ROA % 2.56
JASO's ROA % is ranked lower than
54% of the 862 Companies
in the Global Solar industry.

( Industry Median: 3.09 vs. JASO: 2.56 )
Ranked among companies with meaningful ROA % only.
JASO' s ROA % Range Over the Past 10 Years
Min: -12.05  Med: 3.47 Max: 18.59
Current: 2.56
-12.05
18.59
ROC (Joel Greenblatt) % 12.28
JASO's ROC (Joel Greenblatt) % is ranked higher than
53% of the 860 Companies
in the Global Solar industry.

( Industry Median: 10.68 vs. JASO: 12.28 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
JASO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.38  Med: 13.83 Max: 52.23
Current: 12.28
-16.38
52.23
3-Year Revenue Growth Rate 18.20
JASO's 3-Year Revenue Growth Rate is ranked higher than
84% of the 784 Companies
in the Global Solar industry.

( Industry Median: 2.80 vs. JASO: 18.20 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
JASO' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: 17.4 Max: 56.9
Current: 18.2
0
56.9
3-Year EBITDA Growth Rate 51.80
JASO's 3-Year EBITDA Growth Rate is ranked higher than
90% of the 639 Companies
in the Global Solar industry.

( Industry Median: 5.60 vs. JASO: 51.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
JASO' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -45.6  Med: 19.4 Max: 73
Current: 51.8
-45.6
73
GuruFocus has detected 3 Warning Signs with JA Solar Holdings Co Ltd JASO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» JASO's 30-Y Financials

Financials (Next Earnings Date: 2017-11-17)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2016

JASO Guru Trades in Q3 2016

Sarah Ketterer 196,760 sh (-85.07%)
» More
Q4 2016

JASO Guru Trades in Q4 2016

Jim Simons 188,271 sh (New)
Sarah Ketterer 172,200 sh (-12.48%)
» More
Q1 2017

JASO Guru Trades in Q1 2017

Jim Simons Sold Out
Sarah Ketterer 128,300 sh (-25.49%)
» More
Q2 2017

JASO Guru Trades in Q2 2017

Sarah Ketterer 118,700 sh (-7.48%)
» More
» Details

Insider Trades

Latest Guru Trades with JASO

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Semiconductors » Solar    NAICS: 334413 
Compare:NYSE:VSLR, ROCO:6244, TPE:3514, HKSE:00750, ROCO:3691, TPE:3576, ROCO:3452, SZSE:300125, HKSE:01165, SZSE:300105, XKRX:103130, TPE:3561, XMCE:SLR, TPE:4934, TPE:6443, XKRX:067630, NAS:RUN, KAR:DLL, TSX:CMH, TSE:3150 » details
Traded in other countries:YI2A.Germany, JASON.Mexico, JASO.Switzerland,
Headquarter Location:China
JA Solar Holdings Co Ltd designs, manufactures, and markets solar cells and modules. The company is organized into two segments: Manufacturing of PV Products and Solar Projects.

JA Solar Holdings Co Ltd designs, manufactures, and markets solar cells and modules, which are made from solar wafers that employ crystalline silicon technology. During 2010, the company entered into both wafer and module production. JA Solar intends to get into the downstream business and construct 200 MW of its own solar plants in China.

Ratios

vs
industry
vs
history
PE Ratio 4.82
JASO's PE Ratio is ranked higher than
97% of the 595 Companies
in the Global Solar industry.

( Industry Median: 22.64 vs. JASO: 4.82 )
Ranked among companies with meaningful PE Ratio only.
JASO' s PE Ratio Range Over the Past 10 Years
Min: 2.38  Med: 6.68 Max: 212.69
Current: 4.82
2.38
212.69
Forward PE Ratio 16.50
JASO's Forward PE Ratio is ranked higher than
55% of the 121 Companies
in the Global Solar industry.

( Industry Median: 17.73 vs. JASO: 16.50 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 4.82
JASO's PE Ratio without NRI is ranked higher than
97% of the 592 Companies
in the Global Solar industry.

( Industry Median: 22.86 vs. JASO: 4.82 )
Ranked among companies with meaningful PE Ratio without NRI only.
JASO' s PE Ratio without NRI Range Over the Past 10 Years
Min: 2.38  Med: 6.68 Max: 212.69
Current: 4.82
2.38
212.69
Price-to-Owner-Earnings 25.08
JASO's Price-to-Owner-Earnings is ranked lower than
57% of the 377 Companies
in the Global Solar industry.

( Industry Median: 22.39 vs. JASO: 25.08 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
JASO' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 11.92  Med: 21.44 Max: 1062
Current: 25.08
11.92
1062
PB Ratio 0.36
JASO's PB Ratio is ranked higher than
98% of the 835 Companies
in the Global Solar industry.

( Industry Median: 2.02 vs. JASO: 0.36 )
Ranked among companies with meaningful PB Ratio only.
JASO' s PB Ratio Range Over the Past 10 Years
Min: 0.14  Med: 0.56 Max: 6.65
Current: 0.36
0.14
6.65
PS Ratio 0.13
JASO's PS Ratio is ranked higher than
97% of the 838 Companies
in the Global Solar industry.

( Industry Median: 1.79 vs. JASO: 0.13 )
Ranked among companies with meaningful PS Ratio only.
JASO' s PS Ratio Range Over the Past 10 Years
Min: 0.09  Med: 0.31 Max: 9.41
Current: 0.13
0.09
9.41
EV-to-EBIT 5.60
JASO's EV-to-EBIT is ranked higher than
92% of the 597 Companies
in the Global Solar industry.

( Industry Median: 17.61 vs. JASO: 5.60 )
Ranked among companies with meaningful EV-to-EBIT only.
JASO' s EV-to-EBIT Range Over the Past 10 Years
Min: -41.6  Med: 5.8 Max: 1962.6
Current: 5.6
-41.6
1962.6
EV-to-EBITDA 5.60
JASO's EV-to-EBITDA is ranked higher than
84% of the 661 Companies
in the Global Solar industry.

( Industry Median: 12.96 vs. JASO: 5.60 )
Ranked among companies with meaningful EV-to-EBITDA only.
JASO' s EV-to-EBITDA Range Over the Past 10 Years
Min: -903.1  Med: 5.8 Max: 1962.6
Current: 5.6
-903.1
1962.6
EV-to-Revenue 0.30
JASO's EV-to-Revenue is ranked higher than
95% of the 843 Companies
in the Global Solar industry.

( Industry Median: 1.80 vs. JASO: 0.30 )
Ranked among companies with meaningful EV-to-Revenue only.
JASO' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.2  Med: 0.6 Max: 10.3
Current: 0.3
0.2
10.3
Shiller PE Ratio 64.23
JASO's Shiller PE Ratio is ranked lower than
69% of the 148 Companies
in the Global Solar industry.

( Industry Median: 44.35 vs. JASO: 64.23 )
Ranked among companies with meaningful Shiller PE Ratio only.
JASO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.2  Med: 57.09 Max: 327.67
Current: 64.23
31.2
327.67
Current Ratio 1.08
JASO's Current Ratio is ranked lower than
86% of the 855 Companies
in the Global Solar industry.

( Industry Median: 2.23 vs. JASO: 1.08 )
Ranked among companies with meaningful Current Ratio only.
JASO' s Current Ratio Range Over the Past 10 Years
Min: 1.04  Med: 1.67 Max: 24.5
Current: 1.08
1.04
24.5
Quick Ratio 0.85
JASO's Quick Ratio is ranked lower than
82% of the 855 Companies
in the Global Solar industry.

( Industry Median: 1.70 vs. JASO: 0.85 )
Ranked among companies with meaningful Quick Ratio only.
JASO' s Quick Ratio Range Over the Past 10 Years
Min: 0.76  Med: 1.16 Max: 23.77
Current: 0.85
0.76
23.77
Days Inventory 65.80
JASO's Days Inventory is ranked higher than
62% of the 827 Companies
in the Global Solar industry.

( Industry Median: 79.77 vs. JASO: 65.80 )
Ranked among companies with meaningful Days Inventory only.
JASO' s Days Inventory Range Over the Past 10 Years
Min: 26.97  Med: 50.99 Max: 68.14
Current: 65.8
26.97
68.14
Days Sales Outstanding 62.92
JASO's Days Sales Outstanding is ranked higher than
52% of the 779 Companies
in the Global Solar industry.

( Industry Median: 64.24 vs. JASO: 62.92 )
Ranked among companies with meaningful Days Sales Outstanding only.
JASO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.56  Med: 40.57 Max: 92.58
Current: 62.92
7.56
92.58
Days Payable 80.32
JASO's Days Payable is ranked higher than
75% of the 758 Companies
in the Global Solar industry.

( Industry Median: 53.42 vs. JASO: 80.32 )
Ranked among companies with meaningful Days Payable only.
JASO' s Days Payable Range Over the Past 10 Years
Min: 1.85  Med: 47.93 Max: 93.33
Current: 80.32
1.85
93.33

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -1.50
JASO's 3-Year Average Share Buyback Ratio is ranked higher than
62% of the 616 Companies
in the Global Solar industry.

( Industry Median: -3.70 vs. JASO: -1.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
JASO' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -49  Med: -6.4 Max: 11.2
Current: -1.5
-49
11.2

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.36
JASO's Price-to-Tangible-Book is ranked higher than
99% of the 802 Companies
in the Global Solar industry.

( Industry Median: 2.16 vs. JASO: 0.36 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
JASO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19  Med: 0.55 Max: 5.22
Current: 0.36
0.19
5.22
Price-to-Intrinsic-Value-Projected-FCF 0.50
JASO's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
96% of the 465 Companies
in the Global Solar industry.

( Industry Median: 1.62 vs. JASO: 0.50 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
JASO' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.26  Med: 0.56 Max: 1.68
Current: 0.5
0.26
1.68
Price-to-Median-PS-Value 0.43
JASO's Price-to-Median-PS-Value is ranked higher than
95% of the 763 Companies
in the Global Solar industry.

( Industry Median: 1.18 vs. JASO: 0.43 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
JASO' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.31  Med: 1.06 Max: 27.25
Current: 0.43
0.31
27.25
Price-to-Graham-Number 0.28
JASO's Price-to-Graham-Number is ranked higher than
99% of the 546 Companies
in the Global Solar industry.

( Industry Median: 1.56 vs. JASO: 0.28 )
Ranked among companies with meaningful Price-to-Graham-Number only.
JASO' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.16  Med: 0.46 Max: 4.1
Current: 0.28
0.16
4.1
Earnings Yield (Greenblatt) % 17.95
JASO's Earnings Yield (Greenblatt) % is ranked higher than
94% of the 860 Companies
in the Global Solar industry.

( Industry Median: 3.46 vs. JASO: 17.95 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
JASO' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -38.7  Med: 8 Max: 38.9
Current: 17.95
-38.7
38.9

More Statistics

Revenue (TTM) (Mil) $2,611.03
EPS (TTM) $ 1.55
Beta0.16
Short Percentage of Float0.00%
52-Week Range $4.42 - 8.48
Shares Outstanding (Mil)47.57 (ADR)

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 2,310 2,147 2,065
EPS ($) 0.51 0.45 0.42
EPS without NRI ($) 0.51 0.45 0.42
EPS Growth Rate
(Future 3Y To 5Y Estimate)
-26.00%
Dividends per Share ($)

Piotroski F-Score Details

Piotroski F-Score: 33
Positive ROAY
Positive CFROAN
Higher ROA yoyN
CFROA > ROAN
Lower Leverage yoyY
Higher Current Ratio yoyN
Less Shares Outstanding yoyY
Higher Gross Margin yoyN
Higher Asset Turnover yoyN

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}