DALLAS, May 25, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring JA Solar Holdings Co., Ltd. (Nasdaq:JASO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/JASO
JA Solar Holdings Co., Ltd. (JASO) is engaged in the development, production and marketing of photovoltaic (PV) solar cells, which convert sunlight into electricity, in the People's Republic of China (PRC). Its solar cells are assembled and integrated into solar modules and systems that convert sunlight into electricity through a process known as the photovoltaic effect. Substantially all of the Company's business is conducted through the operating subsidiaries, JingAo Solar Co., Ltd. (JA Hebei), Shanghai JA Solar PV Technology Co., Ltd. (JA Zhabei) and JA Solar Technology Yangzhou Co., Ltd. (JA Yangzhou), in which the Company indirectly holds a 100% interest. JA Solar also produces and sells monocrystalline and multicrystalline solar cells.
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In the report, the analyst notes:
"Total shipments in the first quarter of 2010 were a record 272MW, compared with fourth quarter 2009 shipments of 231MW, representing sequential growth of 17.7%. Tolling business was 26% of total shipments. Shipments to international customers expanded substantially during the quarter, representing 36% of total shipments and increased 700bps from the previous quarter.
"Based on robust customer demand for JASO's products, the Company is raising its outlook for the full year of 2010. The Company currently expects shipments to exceed 1GW for 2010, compared with prior guidance of 900MW. Shipments in the second quarter of 2010 are expected to be approximately 275MW."
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