Trina Solar Co Ltd

Trina Solar Co Ltd

688599 · SHG · Technology / Solar

10.13CNY-0.31 (-2.97%)

Price History

Full chart

Market Stats

Previous Close10.44
Open10.41
Day Range10.09 – 10.49
52-Week Range10.54 – 24.26
Volume27.42M
Market Cap25.74B
P/E (TTM)0.00
Forward P/E370.37
EPS-2.02
Dividend Yield0.00%
Beta0.69
50-Day Avg12.33
200-Day Avg15.81

About

Trina Solar Co., Ltd. engages in the research and development, production, and sales of photovoltaic (PV) modules in China, Europe, North and Latin America, the United States, Japan, the Asia Pacific, the Middle East, and Africa. It offers silicon photovoltaic modules and monocrystalline silicon solar cells. The company also provides solutions, such as solar modules, energy storage products, photovoltaic brackets, and other products, and inverters. In addition, it offers photovoltaic power generation, photovoltaic power station operation and maintenance, and photovoltaic power station project construction management services, as well as smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. The company was founded in 1997 and is headquartered in Changzhou, China.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Jifan Gao
  • Employees22.30K
  • HeadquartersNo.2 Tianhe Road, Changzhou, China, 213031, China
  • Websitehttps://www.trinasolar.com/us

Leadership

  • Mr. Jifan GaoCEO, Chairman, GM & Founder · b. 1965
  • Mr. Jiqing GaoDeputy GM & Vice-chairman · b. 1968
  • Mr. Sen WuDeputy GM & Financial Officer · b. 1980
  • Mr. Qun WuBoard Secretary · b. 1974
  • Mr. Yifeng ChenDeputy General Manager · b. 1985
  • Ms. Helena LiExecutive President & President of Global Solar Product Business
  • Mr. Chen Chung YuSenior Vice President of Operations · b. 1964
  • Qiangsheng WuAccounting Supervisor
  • Mr. Yu ZhuCEO of North America · b. 1974
  • Franck ZhangHead of Product Strategy & Value Management

Financials

Income Statement

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue301.82M831.90M845.14M1.86B2.05B1.30B10.97B13.98B19.69B22.59B26.49B23.85B23.08B29.41B44.56B84.50B113.19B80.28B67.27B
Growth (%)-+175.63%+1.59%+119.81%+10.24%-36.68%+746.05%+27.41%+40.90%+14.72%+17.23%-9.95%-3.22%+27.41%+51.51%+89.64%+33.96%-29.08%-16.20%
Cost of Revenue234.19M667.46M607.98M1.27B1.72B1.24B9.62B11.62B16.02B18.29B22.06B20.27B19.12B24.87B38.38B73.65B97.85B74.12B75.30B
Gross Profit67.63M164.44M237.15M584.36M332.64M57.24M1.35B2.36B3.68B4.31B4.42B3.58B3.96B4.53B6.18B10.85B15.34B6.16B-8.02B
Gross Margin22.41%19.77%28.06%31.46%16.24%4.41%12.29%16.87%18.67%19.06%16.69%15.01%17.17%15.42%13.86%12.84%13.55%7.68%-11.92%
Operating Expense31.64M64.45M101.78M167.01M301.68M322.11M1.58B1.62B2.53B3.70B3.67B3.03B3.14B3.10B3.91B6.80B8.40B9.91B0
Operating Income35.99M99.99M135.37M417.35M30.97M-264.87M-235.36M734.31M1.15B607.11M755.89M545.96M828.67M1.43B2.26B4.05B6.94B-3.75B-8.02B
Operating Margin11.92%12.02%16.02%22.47%1.51%-20.43%-2.15%5.25%5.83%2.69%2.85%2.29%3.59%4.87%5.08%4.79%6.13%-4.67%-11.92%
EBITDA42.14M764.67M182.14M3.02B74.35M-129.85M238.18M1.16B1.67B2.21B1.76B1.42B2.19B3.05B4.18B6.89B11.20B3.99B-2.79B
EBITDA Margin13.96%91.92%21.55%162.40%3.63%-10.01%2.17%8.30%8.49%9.78%6.64%5.97%9.49%10.36%9.38%8.16%9.89%4.97%-4.14%
Net Income35.73M61.36M97.58M311.45M-37.82M-266.56M-445.16M362.79M496.42M479.11M549.24M531.10M634.00M1.23B1.81B3.66B5.52B-3.44B-6.99B
Net Income Margin11.84%7.38%11.55%16.77%-1.85%-20.56%-4.06%2.60%2.52%2.12%2.07%2.23%2.75%4.18%4.06%4.33%4.87%-4.29%-10.40%
R&D2.81M3.04M5.44M18.62M44.12M26.85M123.16M136.09M221.23M328.65M204.66M210.71M290.75M363.36M926.40M1.21B1.54B1.85B1.88B
R&D as % of Total Revenue0.93%0.37%0.64%1.00%2.15%2.07%1.12%0.97%1.12%1.45%0.77%0.88%1.26%1.24%2.08%1.44%1.36%2.30%2.80%
Interest Expense57.43M23.94M25.74M33.95M35.02M51.89M48.44M34.89M52.25M567.89M860.91M620.04M482.90M498.82M633.86M779.70M1.48B2.14B1.58B
Interest Expense % of Total Revenue19.03%2.88%3.05%1.83%1.71%4.00%0.44%0.25%0.27%2.51%3.25%2.60%2.09%1.70%1.42%0.92%1.31%2.66%2.35%

Balance Sheet

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets600.67M940.12M1.55B2.13B2.88B2.86B2.57B3.20B4.69B37.23B36.94B29.61B36.49B45.59B63.54B89.98B120.31B123.93B115.01B
Total Liabilities233.19M507.06M871.47M958.44M1.73B1.98B1.74B2.20B3.60B28.13B25.56B17.57B23.79B29.89B45.38B61.18B83.77B91.69B88.48B
Total Equity367.49M433.06M677.23M1.17B1.15B881.58M822.20M972.84M1.05B8.54B10.75B11.35B11.96B15.08B17.11B26.34B31.53B26.38B21.46B
Cash59.70M132.22M406.06M752.75M816.78M807.28M486.69M392.89M465.39M7.93B4.43B4.36B5.83B9.43B10.69B19.14B24.35B22.50B22.55B
Total Debt171.78M396.44M585.07M594.89M1.04B1.37B1.04B1.13B1.76B14.41B12.58B8.93B9.46B9.79B16.99B17.30B29.39B39.40B-
Net Debt112.08M264.21M179.01M-157.86M220.60M567.28M549.41M737.29M1.29B6.49B8.16B4.57B3.63B357.03M6.30B-1.84B5.04B16.89B10.36B

Cash Flow

Currency: CNY2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-59.48M-32.08M101.15M263.93M21.93M-178.20M46.53M183.96M188.19M434.14M1.04B4.08B5.24B3.00B1.10B9.24B25.28B8.01B6.90B
Investing Cash Flow-225.28M-118.52M-156.38M-102.85M-402.53M-170.59M-36.21M-487.79M-702.70M-1.45B-2.47B-1.82B-5.20B-3.99B-6.85B-8.97B-17.29B-11.93B-
Financing Cash Flow249.90M222.95M329.04M186.05M443.45M342.27M-337.11M207.66M595.12M2.26B-436.72M-2.52B1.11B1.66B8.71B6.17B-3.92B3.92B-
Capital Expenditure127.26M187.10M136.99M144.12M360.89M141.11M72.14M404.66M662.51M1.40B1.59B1.55B3.86B4.73B6.49B8.11B18.96B13.29B4.67B
Free Cash Flow-186.74M-219.18M-35.84M119.80M-338.96M-319.31M-25.61M-220.70M-474.32M-969.79M-549.68M2.53B1.39B-1.73B-5.39B1.13B5.04B-5.28B2.23B
Dividends Paid---------507.33M4.18B568.87M543.91M206.80M372.24M498.55M1.04B2.65B1.04B
FCF to OCF313.96%683.17%-35.43%45.39%-1545.83%179.19%-55.04%-119.97%-252.04%-223.38%-52.77%62.03%26.44%-57.86%-491.22%12.22%19.93%-65.92%32.35%
Dividend Paid to FCF----------52.31%-761.21%22.48%39.25%-11.92%-6.90%44.17%20.62%-50.21%46.44%

Earnings

Report DateJul 24, 2020Oct 13, 2020Apr 28, 2021Aug 24, 2021Oct 27, 2021Apr 27, 2022Aug 25, 2022Oct 30, 2022Apr 26, 2023Aug 29, 2023Apr 25, 2024Aug 30, 2024Oct 30, 2024Feb 27, 2025Apr 29, 2025
EPS Estimate--------0.320.560.540.450.400.010.19
EPS Actual0.160.160.110.230.220.270.330.530.800.870.21-0.03-0.67-1.89-0.63
Surprise--------150.00%55.36%-61.11%-106.67%-267.50%-19000.00%-431.58%
TimingPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap25.74B
Enterprise Value42.94B
Trailing P/E0.00
Forward P/E370.37
PEG Ratio3.47
Price / Sales0.38
Price / Book1.27
EPS-2.02
Book Value9.67
Revenue (TTM)67.90B
Gross Profit (TTM)2.99B
EBITDA760.16M
Profit Margin-6.45%
Operating Margin-8.69%
Return on Equity-16.05%
Return on Assets-2.60%
Shares Outstanding2.34B
Shares Float1.22B
Beta0.69
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.48Jun 27, 2023
20221×
0.23Jun 9, 2022
20211×
0.18Jun 1, 2021
20201×
0.10Jul 31, 2020