JA Solar Holdings (JASO) reported earnings Tue 17 Nov 2015 (before open)

** charts before earnings **

** charts after earnings **

JA Solar misses by $0.10, beats on revs  :

• Reports Q3 (Sep) earnings of $0.14 per share, $0.10 worse than the Capital IQ Consensus of $0.24; revenues rose 22.1% year/year to $600.96 mln vs the $512.37 mln Capital IQ Consensus. 
• Total shipments were 1,126.8 megawatts, an increase of 43.5% y/y and 42.5% sequentially;
• Shipments of modules and module tolling were 1,073.8 MW, an increase of 54.8% y/y and 49.7% sequentially;
• Shipments of cells and cell tolling were 53.0 MW, a decrease of 42.3% y/y and 27.8% sequentially.
• Gross margin was 17.7%, an increase of 270 basis points y/y and 130 basis points sequentially.
• "Strong demand in China continued to drive shipment growth, as China represented 53% of our total shipments during the quarter".