Trina Solar Co., Ltd Logo

Trina Solar Co., Ltd

688599.SS

(3.8)
Stock Price

16,20 CNY

5.1% ROA

17.62% ROE

9.59x PER

Market Cap.

60.851.446.840,00 CNY

109.92% DER

1.7% Yield

4.52% NPM

Trina Solar Co., Ltd Stock Analysis

Trina Solar Co., Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Trina Solar Co., Ltd Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (21.85%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Net Profit Growth

The net profit of this company has steadily increased over the last five years, showcasing a favorable financial performance and making it an enticing option for investors seeking growth potential.

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past five years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

6 ROA

The stock's ROA (5.1%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 PBV

The stock's PBV ratio (2.1x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

8 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

9 Dividend

Investors can rely on the company's consistent dividend payments over the past three years, offering a steady stream of returns.

10 Buffet Intrinsic Value

The company's stock seems undervalued (661) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

11 DER

The stock is burdened with a heavy load of debt (110%), making it financially unstable and potentially risky for investors.

Trina Solar Co., Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Trina Solar Co., Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Trina Solar Co., Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Trina Solar Co., Ltd Revenue
Year Revenue Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 301.819.197 100%
2008 831.900.852 63.72%
2009 845.135.575 1.57%
2010 1.857.689.274 54.51%
2011 2.047.901.576 9.29%
2012 1.296.654.938 -57.94%
2013 1.774.970.623 26.95%
2014 2.286.119.379 22.36%
2015 3.035.511.903 24.69%
2016 22.593.888.266 86.56%
2017 26.158.576.984 13.63%
2018 25.054.037.825 -4.41%
2019 23.321.695.860 -7.43%
2020 29.417.973.429 20.72%
2021 44.480.390.072 33.86%
2022 85.051.792.849 47.7%
2023 126.943.150.018 33%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Trina Solar Co., Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 2.805.089 100%
2008 3.039.154 7.7%
2009 5.438.909 44.12%
2010 18.624.846 70.8%
2011 44.120.473 57.79%
2012 26.510.457 -66.43%
2013 19.926.288 -33.04%
2014 22.258.108 10.48%
2015 34.099.008 34.73%
2016 328.649.498 89.62%
2017 202.129.271 -62.59%
2018 221.341.624 8.68%
2019 298.435.330 25.83%
2020 363.486.753 17.9%
2021 924.819.503 60.7%
2022 1.220.849.950 24.25%
2023 1.445.599.894 15.55%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Trina Solar Co., Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 41.113.257 100%
2009 65.406.239 37.14%
2010 72.710.154 10.05%
2011 157.128.736 53.73%
2012 176.719.139 11.09%
2013 103.523.355 -70.7%
2014 108.150.293 4.28%
2015 132.438.833 18.34%
2016 349.306.469 62.09%
2017 315.191.894 -10.82%
2018 287.200.847 -9.75%
2019 298.142.991 3.67%
2020 406.736.142 26.7%
2021 664.553.416 38.8%
2022 942.038.424 29.46%
2023 6.594.650.347 85.72%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Trina Solar Co., Ltd EBITDA
Year EBITDA Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 41.730.661 100%
2008 123.070.370 66.09%
2009 171.156.727 28.09%
2010 472.218.502 63.75%
2011 103.858.896 -354.67%
2012 -138.414.445 175.03%
2013 91.362.100 251.5%
2014 238.408.140 61.68%
2015 324.105.221 26.44%
2016 2.567.192.036 87.38%
2017 3.018.004.247 14.94%
2018 2.411.712.716 -25.14%
2019 2.467.399.985 2.26%
2020 3.590.405.400 31.28%
2021 4.624.760.423 22.37%
2022 8.708.279.624 46.89%
2023 13.594.582.752 35.94%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Trina Solar Co., Ltd Gross Profit
Year Gross Profit Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 67.628.460 100%
2008 164.441.565 58.87%
2009 237.153.898 30.66%
2010 584.361.060 59.42%
2011 332.641.878 -75.67%
2012 57.243.323 -481.1%
2013 218.193.902 73.76%
2014 385.571.706 43.41%
2015 566.633.325 31.95%
2016 4.307.146.353 86.84%
2017 4.482.080.533 3.9%
2018 3.831.893.411 -16.97%
2019 4.054.779.900 5.5%
2020 4.698.984.520 13.71%
2021 6.289.734.221 25.29%
2022 11.419.094.016 44.92%
2023 21.194.126.740 46.12%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Trina Solar Co., Ltd Net Profit
Year Net Profit Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 35.729.938 100%
2008 61.360.272 41.77%
2009 97.584.250 37.12%
2010 311.452.980 68.67%
2011 -37.820.093 923.51%
2012 -266.555.392 85.81%
2013 -72.025.935 -270.08%
2014 59.337.685 221.38%
2015 76.514.935 22.45%
2016 479.106.771 84.03%
2017 542.437.731 11.68%
2018 557.908.907 2.77%
2019 640.595.151 12.91%
2020 1.229.276.756 47.89%
2021 1.804.231.712 31.87%
2022 3.680.021.834 50.97%
2023 6.148.107.672 40.14%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Trina Solar Co., Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2022 2 100%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Trina Solar Co., Ltd Free Cashflow
Year Free Cashflow Growth
2007 -186.735.670
2008 -219.178.335 14.8%
2009 -35.839.260 -511.56%
2010 119.804.856 129.91%
2011 -338.958.957 135.34%
2012 -319.307.861 -6.15%
2013 -25.608.799 -1146.87%
2014 -220.695.427 88.4%
2015 -474.316.898 53.47%
2016 -969.785.587 51.09%
2017 -549.683.463 -76.43%
2018 2.530.353.061 121.72%
2019 1.385.589.195 -82.62%
2020 -1.734.447.232 179.89%
2021 -5.394.080.791 67.85%
2022 1.128.823.493 577.85%
2023 2.260.115.729 50.05%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Trina Solar Co., Ltd Operating Cashflow
Year Operating Cashflow Growth
2007 -59.477.038
2008 -32.082.326 -85.39%
2009 101.150.490 131.72%
2010 263.929.128 61.68%
2011 21.927.274 -1103.66%
2012 -178.198.886 112.3%
2013 46.531.200 482.97%
2014 183.959.589 74.71%
2015 188.193.808 2.25%
2016 434.144.388 56.65%
2017 1.041.658.964 58.32%
2018 4.079.092.805 74.46%
2019 5.241.303.610 22.17%
2020 2.997.545.320 -74.85%
2021 1.098.092.297 -172.98%
2022 9.237.091.543 88.11%
2023 7.449.892.060 -23.99%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Trina Solar Co., Ltd Capital Expenditure
Year Capital Expenditure Growth
2007 127.258.632
2008 187.096.009 31.98%
2009 136.989.750 -36.58%
2010 144.124.272 4.95%
2011 360.886.231 60.06%
2012 141.108.975 -155.75%
2013 72.139.999 -95.6%
2014 404.655.016 82.17%
2015 662.510.706 38.92%
2016 1.403.929.975 52.81%
2017 1.591.342.427 11.78%
2018 1.548.739.745 -2.75%
2019 3.855.714.415 59.83%
2020 4.731.992.552 18.52%
2021 6.492.173.088 27.11%
2022 8.108.268.050 19.93%
2023 5.189.776.331 -56.24%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Trina Solar Co., Ltd Equity
Year Equity Growth
2007 367.488.805
2008 433.056.511 15.14%
2009 677.225.113 36.05%
2010 1.173.647.092 42.3%
2011 1.145.125.397 -2.49%
2012 881.584.992 -29.89%
2013 822.196.104 -7.22%
2014 972.843.969 15.49%
2015 1.050.736.203 7.41%
2016 8.537.242.433 87.69%
2017 10.750.458.026 20.59%
2018 12.042.193.831 10.73%
2019 12.698.422.966 5.17%
2020 15.700.778.506 19.12%
2021 18.163.597.460 13.56%
2022 28.795.550.405 36.92%
2023 36.350.731.422 20.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Trina Solar Co., Ltd Assets
Year Assets Growth
2007 600.674.101
2008 940.115.827 36.11%
2009 1.548.698.085 39.3%
2010 2.132.089.432 27.36%
2011 2.877.448.179 25.9%
2012 2.864.856.899 -0.44%
2013 2.567.229.160 -11.59%
2014 3.199.565.810 19.76%
2015 4.693.954.407 31.84%
2016 37.231.712.524 87.39%
2017 36.944.031.985 -0.78%
2018 29.607.611.439 -24.78%
2019 36.491.234.671 18.86%
2020 45.592.461.351 19.96%
2021 63.539.881.859 28.25%
2022 89.976.063.882 29.38%
2023 128.033.638.356 29.72%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Trina Solar Co., Ltd Liabilities
Year Liabilities Growth
2007 233.185.296
2008 507.059.316 54.01%
2009 871.472.972 41.82%
2010 958.442.340 9.07%
2011 1.732.122.930 44.67%
2012 1.983.072.190 12.65%
2013 1.744.750.391 -13.66%
2014 2.198.487.190 20.64%
2015 3.603.391.349 38.99%
2016 28.132.711.666 87.19%
2017 25.562.539.022 -10.05%
2018 17.565.417.608 -45.53%
2019 23.792.811.704 26.17%
2020 29.891.682.845 20.4%
2021 45.376.284.399 34.12%
2022 61.180.513.477 25.83%
2023 91.682.906.934 33.27%

Trina Solar Co., Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
49.8
Net Income per Share
2.93
Price to Earning Ratio
9.59x
Price To Sales Ratio
0.56x
POCF Ratio
4.29
PFCF Ratio
-39.7
Price to Book Ratio
1.94
EV to Sales
0.63
EV Over EBITDA
5.92
EV to Operating CashFlow
4.81
EV to FreeCashFlow
-44.56
Earnings Yield
0.1
FreeCashFlow Yield
-0.03
Market Cap
60,85 Bil.
Enterprise Value
68,31 Bil.
Graham Number
30.89
Graham NetNet
-12.63

Income Statement Metrics

Net Income per Share
2.93
Income Quality
4.66
ROE
0.22
Return On Assets
0.04
Return On Capital Employed
0.12
Net Income per EBT
0.78
EBT Per Ebit
0.94
Ebit per Revenue
0.06
Effective Tax Rate
0.16

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.41
Operating Profit Margin
0.06
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0.02
Dividend Yield %
1.7
Payout Ratio
0.29
Dividend Per Share
0.48

Operating Metrics

Operating Cashflow per Share
6.55
Free CashFlow per Share
-0.71
Capex to Operating CashFlow
-1.11
Capex to Revenue
-0.15
Capex to Depreciation
0
Return on Invested Capital
0.11
Return on Tangible Assets
0.05
Days Sales Outstanding
107.1
Days Payables Outstanding
155.53
Days of Inventory on Hand
108.28
Receivables Turnover
3.41
Payables Turnover
2.35
Inventory Turnover
3.37
Capex per Share
-7.25

Balance Sheet

Cash per Share
12,49
Book Value per Share
14,47
Tangible Book Value per Share
15.21
Shareholders Equity per Share
14.47
Interest Debt per Share
16.41
Debt to Equity
1.1
Debt to Assets
0.27
Net Debt to EBITDA
0.65
Current Ratio
1.24
Tangible Asset Value
32,97 Bil.
Net Current Asset Value
-3,19 Bil.
Invested Capital
1.1
Working Capital
17,07 Bil.
Intangibles to Total Assets
0.03
Average Receivables
29,67 Bil.
Average Payables
36,51 Bil.
Average Inventory
26649856966.39
Debt to Market Cap
0.57

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Trina Solar Co., Ltd Dividends
Year Dividends Growth
2020 0
2021 0 0%
2022 0 0%
2023 0 0%

Trina Solar Co., Ltd Profile

About Trina Solar Co., Ltd

Trina Solar Co., Ltd. operates as an integrated solar power products manufacturer and solar system developer in China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems. It also provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. In addition, the company designs, constructs, sells, and/or operates solar power projects. It sells its products to power plant developers and operators, distributors, wholesalers, PV system integrators, and regional and national grid operators. Trina Solar Co., Ltd. was founded in 1997 and is headquartered in Changzhou, China.

CEO
Mr. Yu Zhu
Employee
23.077
Address
No.2 Tianhe Road
Changzhou, 213031

Trina Solar Co., Ltd Executives & BODs

Trina Solar Co., Ltd Executives & BODs
# Name Age
1 Mr. Chen Chung Yu
Senior Vice President of Operations
70
2 Mr. Yu Zhu
Chief Executive Officer of North America
70
3 Mr. Sen Wu
Chief Financial Officer
70
4 Mr. Qun Wu
Board Secretary
70
5 Mr. Huazhang Ding
Deputy General Manager
70
6 Mr. Chan Shui On
Vice President of Legal Affairs and Board Secretary
70
7 Mr. Jiqing Gao
Deputy GM & Director
70
8 Mr. Zhiqiang Feng
Deputy General Manager
70
9 Mr. Yvonne Young
Investor Relations Director
70
10 Mr. Jifan Gao
Founder, Chairman & GM
70

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