JA Solar Holdings, Co., Ltd.

(NASDAQ:JASO)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 248,752 519,836 206,849 156,755
Restricted Cash — — — —
Marketable Securities 79,875 — 15,636 109,947
Accounts Receivable 67,281 25,334 27,454 7,331
Loans Receivable — — — —
Other Receivable — 193,260 — —
Receivables 67,281 218,594 27,454 7,331
Raw Materials — — — 6,101
Work in Progress — — — 3,700
Purchased Components — — — —
Finished Goods — — — 10,790
Other Inventories 52,884 23,079 20,919 948
Inventories Adjustments and Allowances — — — —
Inventories 52,884 23,079 20,919 21,539
Prepaid Expenses — — — 134
Current Deferred Income Taxes 618 — — 166
Other Current Assets 255,359 8,882 206,089 182,067
Total Current Assets 704,769 770,390 476,946 477,940
Land and Improvements — — — —
Building and Improvements — — — 19,048
Machinery Furniture and Equipment — — — 39,632
Construction in Progress — — — 20,050
Other Fixed Assets 167,286 135,531 90,673 —
Total Fixed Assets 167,286 135,531 90,673 78,731
Gross Fixed Assets 167,286 135,531 90,673 78,731
Accumulated Depreciation and Depletion 5,898 5,898 5,898 5,898
Net Fixed Assets 161,387 129,633 84,775 72,832
Intangibles 895 935 906 916
Cost in Excess — — — —
Non Current Deferred Income Taxes 1,670 1,047 425 596
Other Non Current Assets 183,668 176,714 70,699 73,424
Total Non Current Assets 347,620 308,328 156,805 147,768
Total Assets 1,052,389 1,078,718 633,751 625,708
Liabilities
Current Liabilities
Accounts Payable 6,610 3,187 8,305 1,385
Notes Payable — — — —
Short Term Debt — — — 27,380
Accrued Expenses 8,026 1,774 3,152 2,092
Accrued Liabilities — — — —
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 48,646 26,478 13,428 28,437
Total Current Liabilities 63,283 31,439 24,885 59,295
Non Current Liabilities
Long Term Debt 275,171 269,202 — —
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 40,764 88,084 163 127
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 379,218 388,725 25,048 59,422
Total Liabilities 315,935 357,285 163 127
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 673,171 689,993 608,703 566,287
Common Par 18 18 18 17
Additional Paid in Capital 552,824 549,761 528,963 500,396
Cumulative Translation Adjustment — — — —
Retained Earnings 110,087 129,788 81,527 57,115
Treasury Stock — — — —
Other Equity Adjustments 10,241 10,426 -1,805 8,758
Total Capitalization 948,342 959,195 608,703 566,287
Cash Flow 63,182 106,343 69,840 59,184
Working Capital 641,486 738,951 452,061 418,646
Free Cash Flow — — — -214,690
Invested Capital 948,342 959,195 608,703 566,287
Total Equity 673,171 689,993 608,703 566,287
Total Liabilities and Stock Equity 1,052,389 1,078,718 633,751 625,708