JA Solar Technology's H1 Debt Reaches 2.4 Million Yuan; Shares Drop 5%

MT Newswires Live07-08

JA Solar Technology's (SHE:002459) debt in the first half of the year reached 2.4 million yuan, according to the company's filing on the Shenzhen Stock Exchange.

The debt includes bank loans amounting to 2.1 million yuan and non-bank loans of 337,119.17 yuan.

The total debt accounts for 69.8% of the Chinese solar module producer's net assets in 2023, the Saturday filing added.

Shares of the company dropped less than 5% in recent trade.

Price (RMB): ¥9.99, Change: ¥-0.50, Percent Change: -4.77%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment