JA Solar Technology Ratios and Metrics

Market cap in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Market Capitalization	35,941	37,411	45,138	68,713	141,536	148,239
Market Cap Growth	-1.98%	-17.12%	-34.31%	-51.45%	-4.52%	128.19%
Enterprise Value	64,132	59,826	63,966	71,088	142,626	153,537
Last Close Price	10.91	11.45	13.75	20.00	41.23	45.37
PE Ratio	-	-	-	9.76	25.58	72.72
Forward PE	-	-	17.58	6.72	21.71	53.84
PS Ratio	0.75	0.76	0.64	0.84	1.94	3.59
PB Ratio	1.68	1.67	1.58	1.81	4.69	8.87
P/TBV Ratio	1.87	1.85	1.75	2.09	5.41	9.60
P/FCF Ratio	-	-	-	-	339.15	-
P/OCF Ratio	9.72	8.74	13.49	5.54	17.30	39.53
PEG Ratio	-	4.67	9.60	0.19	-	-
EV/Sales Ratio	1.35	1.22	0.91	0.87	1.95	3.72
EV/EBITDA Ratio	38.82	87.56	14.12	5.94	15.65	28.77
EV/EBIT Ratio	-	-	-	8.34	20.87	44.57
EV/FCF Ratio	-112.42	-	-	-	341.76	-
Debt / Equity Ratio	2.40	2.14	1.45	0.44	0.26	0.76
Debt / EBITDA Ratio	31.11	53.92	8.62	1.38	0.82	2.26
Debt / FCF Ratio	-	-	-	-	18.42	-
Net Debt / Equity Ratio	1.31	1.02	0.57	0.02	-0.15	-0.03
Net Debt / EBITDA Ratio	19.47	33.47	3.59	0.07	-0.49	-0.09
Net Debt / FCF Ratio	-49.24	-29.93	-1.91	-0.15	-10.77	0.28
Asset Turnover	0.44	0.45	0.64	0.91	1.13	0.88
Inventory Turnover	4.07	4.87	5.36	5.17	6.29	5.45
Quick Ratio	0.73	0.82	0.73	0.54	0.63	0.63
Current Ratio	1.13	1.21	1.10	0.98	1.09	0.97
Return on Equity (ROE)	-16.97%	-18.34%	-15.32%	21.09%	23.62%	13.23%
Return on Assets (ROA)	-2.38%	-2.83%	-0.75%	5.95%	6.60%	4.57%
Return on Invested Capital (ROIC)	-8.68%	-10.95%	-3.14%	23.65%	28.58%	21.41%
Return on Capital Employed (ROCE)	-7.50%	-8.30%	-2.10%	15.10%	18.30%	14.20%
Earnings Yield	-11.23%	-12.32%	-10.32%	10.24%	3.91%	1.38%
FCF Yield	-1.59%	-2.04%	-18.79%	-7.95%	0.29%	-1.13%
Dividend Yield	-	-	-	2.82%	0.42%	0.17%
Payout Ratio	-	-	-	10.02%	8.65%	32.02%
Buyback Yield / Dilution	1.10%	0.32%	2.19%	-2.98%	-3.79%	-14.70%
Total Shareholder Return	1.10%	0.32%	2.19%	-0.16%	-3.37%	-14.54%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.