GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JA Solar Holdings Co Ltd (NAS:JASO) » Definitions » EBITDA

JA Solar Holdings Co (JA Solar Holdings Co) EBITDA : $108 Mil (TTM As of Dec. 2017)


View and export this data going back to 2007. Start your Free Trial

What is JA Solar Holdings Co EBITDA?

JA Solar Holdings Co's EBITDA for the three months ended in Dec. 2017 was $33 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Dec. 2017 was $108 Mil.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

JA Solar Holdings Co's EBITDA per Share for the three months ended in Dec. 2017 was $0.70. Its EBITDA per share for the trailing twelve months (TTM) ended in Dec. 2017 was $2.30.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.


JA Solar Holdings Co EBITDA Historical Data

The historical data trend for JA Solar Holdings Co's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JA Solar Holdings Co EBITDA Chart

JA Solar Holdings Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.42 231.89 282.03 294.80 268.02

JA Solar Holdings Co Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.36 14.87 39.49 20.44 32.99

Competitive Comparison of JA Solar Holdings Co's EBITDA

For the Solar subindustry, JA Solar Holdings Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JA Solar Holdings Co's EV-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JA Solar Holdings Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where JA Solar Holdings Co's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

JA Solar Holdings Co's EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

JA Solar Holdings Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2017, JA Solar Holdings Co's EBITDA was $268 Mil.

JA Solar Holdings Co's EBITDA for the quarter that ended in Dec. 2017 is calculated as

JA Solar Holdings Co's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Dec. 2017, JA Solar Holdings Co's EBITDA was $33 Mil.

EBITDA for the trailing twelve months (TTM) ended in Dec. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $108 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

JA Solar Holdings Co  (NAS:JASO) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


JA Solar Holdings Co EBITDA Related Terms

Thank you for viewing the detailed overview of JA Solar Holdings Co's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


JA Solar Holdings Co (JA Solar Holdings Co) Business Description

Traded in Other Exchanges
N/A
Address
JA Solar Holdings Co Ltd is a holding company. The primary business is to design, develop, manufacture and sell solar power products which convert sunlight into electricity for a variety of uses. The company acts as an integrated manufacturer of PV products and its products include monocrystalline and multicrystalline solar modules and solar cells in a variety of standards and specialties. It operates through two segments namely Manufacturing segment which includes design, development, and manufacture of PV products; and Solar projects segment which includes downstream solar projects. The company sells its products under JA Solar brand.

JA Solar Holdings Co (JA Solar Holdings Co) Headlines

From GuruFocus

JA Solar Announces Resignation of Chief Financial Officer

By Marketwired Marketwired 03-27-2018