Subscribe

Trina Solar Co., Ltd (688599.SS)

CNY12.09 +0.07 (+0.58%)
CN SHH Energy Solar
Address No.2 Tianhe Road 213031
Changzhou, CN
CEO Jifan Gao
Website trinasolar.com
IPO 2020-06-10
ISIN CNE100003ZR0

Explore sections of this company profile

Description

Trina Solar Co., Ltd. is a comprehensive solar energy enterprise, functioning as both an integrated manufacturer of solar power products and a developer of solar systems. Its operations span China, Europe, the United States, and various other Asia Pacific regions. The company's core business involves the design, development, manufacture, and sale of photovoltaic (PV) modules. These range from monocrystalline to multicrystalline types, offered in a variety of power outputs suitable for residential, commercial, industrial, and other large-scale solar power generation applications. Beyond finished modules, Trina Solar also supplies essential raw materials, including mono- and multi-crystalline silicon ingots, wafers, and cells, along with related components. Additionally, the company undertakes the design, construction, sale, and operation of complete solar power projects. Its diverse clientele includes power plant developers and operators, distributors, wholesalers, PV system integrators, and both regional and national grid operators. Established in 1997, Trina Solar is headquartered in Changzhou, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CNY12.09 +0.07 (+0.58%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
45M
Beta
0.39
Float Shares
1.27B
Free Float %
54.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.05% -9.08% -11.18% -19.22% -14.76% -6.83% +15.07% -61.17% -16.15% -10.40% -10.40%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
12.09
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.72
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Solar: +18.1%
    -16.2% Q1'26: +17.1% (vs Q1'25)
  • ✗
    EPS growth Solar: +43.7%
    -100.0% Q1'26: +80.3% (vs Q1'25)
  • ✗
    FCF margin FCF growth · Solar: +87.8%
    -7.0% Q1'26: +17.9% (vs Q1'25)
  • ✗
    EBIT margin Solar: +4.0%
    -12.3% Q1'26: -7.0% (vs Q1'25)
  • ✗
    ROIC Solar: +1.3%
    -15.8% Q1'26: -6.1% (vs Q1'25)
  • ✓
    Share dilution Solar: 0.0%
    +0.0% ★ Q1'26: +9.0% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Solar: 0.12×
    -17.45× Q1'26: -9.82× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.49) × ERP
WACC = 41% × Ke + 59% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Current price: 12.09
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
5 Rev. Ana.
4 EPS Ana. 		Dec 2027
6 Rev. Ana.
5 EPS Ana. 		Dec 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
19.69B
est: 121.70B (-83.8%)
22.59B
est: 130.35B (-82.7%)
26.49B
est: 150.59B (-82.4%)
23.85B
est: 145.29B (-83.6%)
23.08B
est: 157.34B (-85.3%)
29.41B
est: 196.43B (-85.0%)
44.56B
est: 317.06B (-85.9%)
84.50B
est: 596.16B (-85.8%)
113.19B
est: 106.98B (+5.8%)
80.28B
est: 88.97B (-9.8%)
67.27B
est: 69.36B (-3.0%)
78.29B
68.94B – 85.64B
+12.9% YoY
90.95B
79.67B – 101.37B
+16.2% YoY
106.58B
93.60B – 117.79B
+17.2% YoY
EBITDA
1.67B
est: 9.43B (-82.3%)
2.21B
est: 10.10B (-78.1%)
1.76B
est: 11.67B (-84.9%)
1.42B
est: 11.26B (-87.4%)
2.19B
est: 12.19B (-82.0%)
3.05B
est: 15.22B (-80.0%)
4.18B
est: 24.57B (-83.0%)
6.89B
est: 46.19B (-85.1%)
11.20B
est: 6.04B (+85.3%)
3.99B
est: 5.03B (-20.6%)
-2.79B
est: 3.92B (-171.2%)
4.42B
3.90B – 4.84B
+12.9% YoY
5.14B
4.50B – 5.73B
+16.2% YoY
6.02B
5.29B – 6.66B
+17.2% YoY
EBIT
803.50M
est: 4.81B (-83.3%)
1.25B
est: 5.15B (-75.7%)
1.63B
est: 5.96B (-72.6%)
1.30B
est: 5.75B (-77.4%)
1.34B
est: 6.22B (-78.4%)
1.91B
est: 7.77B (-75.5%)
2.91B
est: 12.54B (-76.8%)
4.74B
est: 23.58B (-79.9%)
8.00B
est: 1.07B (+651.0%)
-1.52B
est: 885.85M (-271.6%)
-8.30B
est: 690.57M (-1,301.7%)
779.44M
686.43M – 852.64M
+12.9% YoY
905.49M
793.21M – 1.01B
+16.2% YoY
1.06B
931.88M – 1.17B
+17.2% YoY
Net Income
496.42M
est: 78.92B (-99.4%)
479.11M
est: 84.53B (-99.4%)
549.24M
est: 102.32B (-99.5%)
531.10M
est: 65.13B (-99.2%)
634.00M
est: 51.15B (-98.8%)
1.23B
est: 8.41B (-85.4%)
1.81B
est: 12.65B (-85.7%)
3.66B
est: 24.42B (-85.0%)
5.52B
est: 2.52B (+119.1%)
-3.44B
est: -934.15M (-268.6%)
-6.99B
est: -5.99B (-16.7%)
-197.71M
-278.07M – -117.35M
+96.7% YoY
1.74B
685.91M – 3.67B
+977.9% YoY
4.10B
3.60B – 4.61B
+136.4% YoY
SGA
2.01B
est: 7.63B (-73.6%)
1.58B
est: 8.17B (-80.7%)
2.34B
est: 9.44B (-75.2%)
1.89B
est: 9.11B (-79.2%)
2.24B
est: 9.86B (-77.3%)
2.07B
est: 12.31B (-83.2%)
2.82B
est: 19.88B (-85.8%)
4.44B
est: 37.38B (-88.1%)
5.34B
est: 6.91B (-22.7%)
6.42B
est: 5.74B (+11.9%)
5.37B
est: 4.48B (+19.8%)
5.05B
4.45B – 5.53B
+12.9% YoY
5.87B
5.14B – 6.54B
+16.2% YoY
6.88B
6.04B – 7.60B
+17.2% YoY
EPS
0.59
est: 36.44 (-98.4%)
0.11
est: 39.03 (-99.7%)
0.37
est: 47.25 (-99.2%)
0.30
est: 30.08 (-99.0%)
0.36
est: 23.62 (-98.5%)
0.64
est: 3.88 (-83.5%)
0.89
est: 5.84 (-84.8%)
1.71
est: 11.76 (-85.5%)
2.55
est: 1.16 (+120.8%)
-1.61
est: -0.44 (-269.2%)
-3.22
est: -2.53 (-27.3%)
-0.09
-0.13 – -0.05
+96.5% YoY
0.88
0.32 – 1.69
+1,084.7% YoY
1.90
1.66 – 2.13
+116.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-26 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-25 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-19 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-18 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-15 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-14 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-13 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-12 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-11 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-08 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-07 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-06 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.67B
OE per share TTM
0.61
Owner's Yield
4.60%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
32.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-276.9K
Shares Outstanding
2.32B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chen Chung Yu Senior Vice President of Operations — male
Franck Zhang Head of Product Strategy & Value Management — —
Helena Li Executive President & President of Global Solar Product Business — female
Huazhang Ding Deputy General Manager — male
Jifan Gao CEO, Chairman, GM & Founder — male
Jiqing Gao Deputy GM & Vice-chairman — male
Qiangsheng Wu Accounting Supervisor — —
Qun Wu Board Secretary — male
Sen Wu Deputy GM & Financial Officer — male
Yifeng Chen Deputy General Manager — male
Yu Zhu Chief Executive Officer of North America — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Solar