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Trina Solar Ltd Class A

Trina Solar Ltd Class A

SSSE:688599
10.68
CNY
+0.20
(+1.91%)
-2.07EPS
33.08BMarket Cap
Oct 30Next Earn
Trina Solar Ltd Class A
SSE:688599
(Shanghai Stock Exchange)

Recent

price

10.68

P/E

ratio

- -

div

yld

2.31%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
3.6
3.67
2.29
3.02
3.65
4.66
5.35
17.84
14.37
13.11
15.32
21.45
39.74
52.33
36.96
30.86
29.05
Revenue per Share
0.6
-0.07
-0.47
-0.12
0.09
0.12
0.11
0.37
0.32
0.36
0.64
0.87
1.72
2.55
-1.57
-3.24
-2.08
Basic EPS, GAAP
0.23
-0.61
-0.56
-0.04
-0.35
-0.73
-0.23
-0.37
1.45
0.78
-0.9
-2.6
0.53
2.32
-2.46
1.03
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
0.12
2.85
0.33
0.31
0.3
0.42
0.42
0.73
1.22
0.48
0.25
Dividend per Share
1.95
1.78
1.39
1.38
1.31
1.47
1.84
1.22
6.46
6.8
7.29
8.27
12.14
14.5
12.1
9.16
8.83
Book Value per Share
1.95
1.78
1.39
1.38
1.31
1.47
1.76
1.18
6.09
6.38
6.9
7.77
10.86
13.03
10.6
7.73
7.49
Tangible Book Value per Share
3,403
3,519
3,535
3,554
3,882
4,227
4,227
1,466
1,743
1,779
1,921
2,074
2,140
2,167
2,173
2,170
2,262
Basic Weighted Avg Shares
12,244
12,920
8,080
10,745
14,177
19,699
22,594
26,159
25,054
23,322
29,418
44,480
85,052
113,411
80,314
66,975
65,710
Sales/Revenue/Turnover
22.47
1.51
-20.43
-2.15
5.25
5.83
7.55
6.89
100
5.94
7.47
5.75
6.63
8.63
-0.3
-5.57
-4.42
Operating Margin (%)
345
441
692
707
671
876
958
1,073
98
857
1,143
1,279
2,180
3,233
5,622
6,254
- -
Depreciation Expense
2,053
-239
-1,661
-436
368
497
479
542
558
641
1,229
1,804
3,681
5,527
-3,412
-7,031
-4,698
Net Income, GAAP
13.37
- -
- -
- -
20.18
25.43
22.49
22.98
19.77
19.26
12.35
18.63
8.29
8.19
- -
- -
- -
Effective Tax Rate (%)
16.77
-1.85
-20.56
-4.06
2.6
2.52
2.12
2.07
2.23
2.75
4.18
4.06
4.33
4.87
-4.25
-10.5
-7.15
Profit Margin (%)
5,372
4,803
1,784
-114
146
-88
5,173
6,896
4,049
2,825
4,070
6,812
6,115
15,502
16,750
11,696
6,714
Working Capital
1,977
4,088
2,587
608
1,922
5,394
3,420
3,261
1,433
2,604
4,316
7,986
3,626
19,895
32,985
26,178
21,505
LT Debt
7,736
7,226
5,495
4,979
6,208
7,077
9,099
11,381
12,042
12,698
15,701
18,164
28,797
36,549
32,230
26,534
25,594
Total Equity
23.16
- -
- -
- -
5.01
5.45
2.24
2.43
2.07
3.16
5.27
6.05
9.17
11.35
- -
- -
- -
Return on Invested Capital (%)
22.16
- -
- -
- -
4.32
4.32
4.13
4.8
4.51
4.34
6.69
7.21
10.59
11.15
- -
- -
- -
Return on Capital (%)
33.22
-3.19
-26.12
-8.33
6.68
7.73
6.24
5.62
5.05
5.5
9.09
11.21
16.94
19.1
-11.79
-29.4
-20.48
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16,890
17,442
16,740
LT Borrowings
25,527
23,364
20,898
LT Finance Leases
651
650
607
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,343
2,343
2,343
Market Capitalization
38,769
38,606
33,077

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
70,599
71,316
70,883
Cash, Cash Equivalents & STI
22,569
22,521
21,547
Accounts Receivable, Net
12,986
14,000
13,588
Inventories
25,258
24,254
26,071
Total Current Liabilities
58,902
63,073
64,169
Payables & Accruals
- -
- -
- -
ST Debt
16,890
17,442
16,740
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.02%
14.33%
-17.67%
Free Cash Flow
-85.41%
17.7%
-141.79%
Net Income, GAAP
26.46%
29.05%
106.06%
Sales/Revenue/Turnover
17.54%
25.99%
-16.61%
Total Cash Common Dividend
- -
27.36%
-60.87%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,256
24,712
20,179
17,134
80,314
2025
14,335
16,721
- -
17,004
66,975
2026
16,830
15,156
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
- -
-0.64
-1.21
-1.57
2025
-0.61
-0.74
- -
-1.29
-3.24
2026
-0.12
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.77
0.25
0.08
1.22
2025
0.2
0.03
- -
0.01
0.48
2026
0.15
0.05
- -
- -
- -
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Business
Trina Solar Co., Ltd. (688599.SS) manufactures and sells photovoltaic solar modules, provides solar energy solutions, and develops utility-scale solar power projects worldwide. The company produces monocrystalline and multicrystalline silicon solar modules under the Trina Solar brand; offers solar system integration services, including engineering, procurement, and construction (EPC) for photovoltaic power plants; and develops, constructs, and operates large-scale solar power facilities. Trina Solar operates in key markets across Asia, Europe, the Americas, and other regions, with manufacturing facilities primarily in China, Thailand, and Vietnam; it was founded in 1997 and is headquartered in Changzhou, Jiangsu Province, China. In recent developments, the company expanded its n-type i-TOPCon module production capacity to over 110 GW annually by mid-2025, following strategic investments in advanced cell and module manufacturing lines; it formed partnerships with global energy firms for utility-scale projects in the US and Europe, including a 1 GW supply agreement in 2024; and launched Vertex N 700W+ series modules optimized for high-efficiency utility applications. Trina Solar serves utility-scale developers, commercial and industrial customers, and residential end-users through its integrated PV product portfolio and energy storage solutions.