Trina Solar Limited (ADR) (TSL), LDK Solar Co., Ltd (ADR) (LDK): JA Solar Holdings Co., Ltd. (ADR) (JASO) Earnings Should Look a Little Less Ugly

More recently, earnings reports from competitors have pushed JA Solar’s stock in both directions. Last week’s positive news from Trina Solar Limited (ADR) (NYSE:TSL) featured rising module prices and substantial shipment growth, and more favorable conditions could make the company profitable by the end of this year. Yet today’s report from LDK Solar Co., Ltd (ADR) (NYSE:LDK) showed that it continues to face substantial losses, and a drop in available cash by more than half raised further concerns about its financial stability going forward. JA Solar has almost $450 million in debt net of cash on its balance sheet and faces some similar balance-sheet issues as many of its peers.

In the JA Solar earnings report, watch for the company to discuss the source of its sales and which regions are performing the best. In particular, with China having boosted its commitment to solar with a 35-gigawatt solar installation initiative by 2015, JA Solar needs to stake its claim to the domestic boondoggle to make sure it can take maximum advantage while the Chinese government’s support lasts.

The article JA Solar Earnings Should Look a Little Less Ugly originally appeared on Fool.com is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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