Percentage of ja solar s energy storage business

How profitable is JA Solar?

With a weighted average ROA of 22.52%, the company’s profitability remains industry-leading. As of Q1 2024, JA Solar has achieved cumulative shipments of 201GW, with production capacities across silicon wafers, cells and modules each set to surpass 100GW in 2024.

How has JA Solar performed in the past year?

With an impressive 81.556 billion yuan in operating revenue, an 11.74% increase on the previous year, and a net profit attributable to shareholders of 7.039 billion yuan, a year-on-year increase of 27.21%, JA Solar has achieved record highs in both revenue and profit.

Why did JA Solar's annual profit surge 171 percent last year?

JA Solar’s Annual Profit Soars, Topping Previous Three Years Combined (Yicai Global) March 23 -- JA Solar Technology, a leading Chinese photovoltaic equipment maker, said profit surged 171 percent last year to surpass the combined total of the previous three years, as demand for solar panels climbed.

How many solar modules did JA Solar sell in 2022?

JA Solar sold 39.75 gigawatts of solar battery modules in 2022, with overseas sales accounting for about 58 percent of the total. Its module output capacity was about 50 GW by the end of the year, while its wafer and battery capacity were both roughly 80 percent of its module capacity.

Will JA Solar sell 60 GW of solar modules this year?

Module capacity is likely to exceed 80 GW by the end of this year, with the firm’s wafer and battery capacity both increasing to 90 percent of its module capacity, the JA Solar predicted. The company aims to sell 60 GW to 65 GW of modules this year, up about 50 percent from last year.

How did JA Solar perform in 2022?

Thanks to relatively balanced production capacities along the whole industry chain, gross profit margin at JA Solar’s module business edged up 0.2 point to 14.3 percent, despite silicon prices jumping to a decade high. JA Solar sold 39.75 gigawatts of solar battery modules in 2022, with overseas sales accounting for about 58 percent of the total.