JA Solar Technology Third Quarter 2024 Earnings: EPS: CN¥0.12 (vs CN¥0.59 in 3Q 2023)

JA Solar Technology (SZSE:002459) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥17.0b (down 11% from 3Q 2023).
• Net income: CN¥389.8m (down 80% from 3Q 2023).
• Profit margin: 2.3% (down from 10% in 3Q 2023).
• EPS: CN¥0.12 (down from CN¥0.59 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

JA Solar Technology Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.

Performance of the Chinese Semiconductor industry.

The company's shares are up 19% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for JA Solar Technology (1 can't be ignored!) that you should be aware of.

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