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Ja Solar Holdings Co Ltd

Ja Solar Holdings Co. Ltd. (JASO) is a leading manufacturer of high-performance solar power products headquartered in Shanghai, China. The company operates in the photovoltaic (PV) industry, which involves the conversion of sunlight into electricity through solar panels. JASO primarily focuses on the design, development, and manufacture of solar cells and modules.

Here is some general information about JASO, with a focus on recent financials and growth:

1. Stock Information

Symbol: JASO

Exchange: NASDAQ

Recent Price: $11.03 (March 24, 2023)

Market Capitalization: $273.41 million (March 24, 2023)

2. Financials

For the full year 2021, Ja Solar reported the following financial results:

Revenue: $2.22 billion, representing a 12.15% increase over 2020

Gross Profit: $519.4 million, an increase of 51.7% year-over-year

Net Income: $101.2 million, up from $8.4 million in 2020

3. Growth

Ja Solar has shown consistent growth over the years and has established a significant presence in the global solar power market. In 2021, the company shipped 13.7 GW of solar modules, a 28.5% increase over 2020. This increase was primarily due to solid demand in domestic and international markets and the company's commitment to innovation and technology advancement.

JASO has a robust product portfolio and offers high-efficiency modules that cater to a wide range of applications. This competitive advantage, coupled with global expansion and strategic partnerships, positions the company for continued growth in the expanding solar power market.

4. Future Outlook

Global demand for renewable energy is on the rise, and JASO is positioned to take advantage of this trend. The company's focus on R&D, expansion into emerging markets, and continuous efforts to increase manufacturing capacity contribute to its long-term growth prospects. Additionally, the ongoing global commitment to reduce carbon emissions and investment in renewable energy projects will drive demand for solar products, supporting the company's mission and vision.

However, it is essential to conduct individual research and consult financial professionals when deciding to invest in any stock, including JASO. Keep in mind that past performance does not guarantee future results. Stay updated on the company's latest developments and regulatory changes affecting the solar industry.