JA Solar Technology Co., Ltd.

SZSE:002459 Stock Report

Market Cap: CN¥45.1b

JA Solar Technology Balance Sheet Health

Financial Health criteria checks 2/6

JA Solar Technology has a total shareholder equity of CN¥32.4B and total debt of CN¥40.8B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are CN¥116.3B and CN¥83.9B respectively. JA Solar Technology's EBIT is CN¥94.0M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥24.2B.

Key information

125.9%

Debt to equity ratio

CN¥40.77b

Debt

Interest coverage ratio0.8x
CashCN¥24.20b
EquityCN¥32.39b
Total liabilitiesCN¥83.90b
Total assetsCN¥116.29b

Recent financial health updates

Recent updates

JA Solar Technology Co., Ltd.'s (SZSE:002459) Low P/S No Reason For Excitement

Feb 07
JA Solar Technology Co., Ltd.'s (SZSE:002459) Low P/S No Reason For Excitement

Is JA Solar Technology (SZSE:002459) Using Too Much Debt?

Jan 13
Is JA Solar Technology (SZSE:002459) Using Too Much Debt?

Be Wary Of JA Solar Technology (SZSE:002459) And Its Returns On Capital

Dec 01
Be Wary Of JA Solar Technology (SZSE:002459) And Its Returns On Capital

There's No Escaping JA Solar Technology Co., Ltd.'s (SZSE:002459) Muted Revenues Despite A 37% Share Price Rise

Nov 08
There's No Escaping JA Solar Technology Co., Ltd.'s (SZSE:002459) Muted Revenues Despite A 37% Share Price Rise

JA Solar Technology Co., Ltd.'s (SZSE:002459) Shares Lagging The Industry But So Is The Business

Sep 22
JA Solar Technology Co., Ltd.'s (SZSE:002459) Shares Lagging The Industry But So Is The Business

Does JA Solar Technology (SZSE:002459) Have A Healthy Balance Sheet?

Aug 16
Does JA Solar Technology (SZSE:002459) Have A Healthy Balance Sheet?

JA Solar Technology Co., Ltd.'s (SZSE:002459) Shares Lagging The Market But So Is The Business

Jun 13
JA Solar Technology Co., Ltd.'s (SZSE:002459) Shares Lagging The Market But So Is The Business

The Returns On Capital At JA Solar Technology (SZSE:002459) Don't Inspire Confidence

May 24
The Returns On Capital At JA Solar Technology (SZSE:002459) Don't Inspire Confidence

JA Solar Technology's (SZSE:002459) Shareholders Have More To Worry About Than Only Soft Earnings

May 06
JA Solar Technology's (SZSE:002459) Shareholders Have More To Worry About Than Only Soft Earnings

Revenue Miss: JA Solar Technology Co., Ltd. Fell 7.6% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

May 02
Revenue Miss: JA Solar Technology Co., Ltd. Fell 7.6% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

JA Solar Technology (SZSE:002459) Has A Pretty Healthy Balance Sheet

Mar 19
JA Solar Technology (SZSE:002459) Has A Pretty Healthy Balance Sheet

Financial Position Analysis

Short Term Liabilities: 002459's short term assets (CN¥55.5B) exceed its short term liabilities (CN¥49.8B).

Long Term Liabilities: 002459's short term assets (CN¥55.5B) exceed its long term liabilities (CN¥34.1B).


Debt to Equity History and Analysis

Debt Level: 002459's net debt to equity ratio (51.2%) is considered high.

Reducing Debt: 002459's debt to equity ratio has increased from 117.7% to 125.9% over the past 5 years.

Debt Coverage: 002459's debt is not well covered by operating cash flow (13.5%).

Interest Coverage: 002459's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 05:18
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JA Solar Technology Co., Ltd. is covered by 27 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary TsangBofA Global Research
Christeen SoCCB International Securities Limited
Jian Xiong LimCFRA Equity Research