---
title: "JA SOLAR (002459.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002459.SZ/norm.md"
symbol: "002459.SZ"
name: "JA SOLAR"
parent: "https://longbridge.com/en/quote/002459.SZ.md"
datetime: "2026-03-11T17:03:16.620Z"
locales:
  - [en](https://longbridge.com/en/quote/002459.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002459.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002459.SZ/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/002459.SZ/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/002459.SZ/norm.md)


# JA SOLAR (002459.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.2915 | -0.2893 | -0.5000 | -1.22 | 0.1214 |
| ROE | -16.22% | -14.77% | -24.23% | -55.97% | 4.86% |
| Revenue | 12.90B | 13.23B | 10.67B | 15.77B | 16.99B |
| Net income | -972.95M | -941.55M | -1.64B | -4.17B | 389.84M |
| Operating income | -514.09M | -1.41B | -1.62B | -879.40M | 909.00M |
| Gross margin | 1.59% | -3.37% | -6.71% | 0.53% | 11.23% |
| Net margin | -7.54% | -7.12% | -15.35% | -26.45% | 2.29% |
| Profit quality | -274.54% | -37.82% | -206.36% | -28.24% | 43.45% |

## Balance Sheet (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 105.38B | 105.60B | 113.49B | 112.96B | 116.29B |
| Leverage | 4.53 | 4.15 | 4.22 | 3.96 | 3.59 |
| BVPS | 7.09 | 7.55 | 7.98 | 8.50 | 9.67 |
| Turnover | 0.4744 | 0.5024 | 0.5808 | 0.6388 | 0.6893 |
| Cash & STI | 24.24B | 27.27B | 25.55B | 25.09B | 24.20B |
| Inv & Rec | 11.04B | 9.98B | 12.16B | 10.57B | 12.02B |
| LT assets | 41.89B | 42.51B | 45.00B | 47.07B | 50.47B |
| Net debt | 22.30B | 15.84B | 20.32B | 16.24B | 18.17B |

## Cash Flow Statement (CNY)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 187.25M | 3.72B | 787.07M | 3.11B | 2.09B |
| Investing CF | -2.01B | 1.94B | -1.07B | 2.90B | -7.90B |
| Financing CF | -512.76M | -2.24B | 3.85B | -2.51B | -2.72B |
| Free CF | -10.30B | 3.80B | -7.48B | 8.72B | -4.11B |
| OCF coverage | 14.66% | 49.15% | 12.26% | 82.97% | 34.54% |
| Repaid & issued | 2.53B | 3.82B | 8.72B | 4.02B | 626.15M |
| CapEx | -1.70B | -420.03M | -1.69B | -429.70M | -3.10B |

## Distribution Plan

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.558836CNY | 2024-05-29 | 2024-05-30 | 2024-05-30 |
| Cash Dividend: 
0.24CNY. 
Share conversation: 0.4 for 1 | 2023-04-24 | 2023-04-25 | 2023-04-25 |
| Cash Dividend: 
0.15CNY. 
Share conversation: 0.4 for 1 | 2022-06-16 | 2022-06-17 | 2022-06-17 |