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Quick understanding of JA Solar's 2023 annual report

2024/5/6 7:59:38

BEIJING, May 6, 2024 /PRNewswire/ -- With a remarkable achievement of 81.556 billion yuan in operating revenue, marking an 11.74% increase from the previous year, and a net profit attributable to shareholders of 7.039 billion yuan, soaring by 27.21%, JA Solar hit historic highs in both revenue and profit.

Its financial prowess shines through with impressive indicators: EPS at 2.14 yuan per share, up by 25.15%, net profit margin at 8.82% (up by 1.23 percentage points), and gross margin at18.13% (up by 3.35 percentage points). With a weighted average ROA of 22.52%, its profitability remains industry-leading.

As of Q1 2024, JA Solar has achieved a cumulative shipment of 201GW, and its production capacities across silicon wafers, cells, and modules are set to surpass 100GW each in 2024. With a projected shipment target of 85-95GW, its scale manufacturing advantage will further solidify.

Click to get more information about JA Solar 2023 Annual Report.

Quick understanding of JA Solar's 2023 annual report
Quick understanding of JA Solar's 2023 annual report