Trina Solar (SHSE:688599) - Stock Price, News & Analysis

688599 Stock Overview

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.

688599 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	6/6
Past Performance	4/6
Financial Health	6/6
Dividends	1/6

Rewards

Price-To-Earnings ratio (50.4x) is below the Semiconductor industry average (55.4x)

Earnings are forecast to grow 36.53% per year

Earnings grew by 96.3% over the past year

Risk Analysis

Volatile share price over the past 3 months

Large one-off items impacting financial results

Shareholders have been diluted in the past year

My Notes

New

Notes are coming soon

Trina Solar Co., Ltd Competitors

JA Solar Technology

SZSE:002459

CN¥157.6b

Jinko Solar

SHSE:688223

CN¥153.0b

GigaDevice Semiconductor (Beijing)

SHSE:603986

CN¥80.9b

Unigroup Guoxin Microelectronics

SZSE:002049

CN¥109.8b

Price History & Performance

Summary of all time highs, changes and price drops for Trina Solar
Historical stock prices
Current Share Price	CN¥70.83
52 Week High	CN¥88.33
52 Week Low	CN¥42.82
Beta	0.35
1 Month Change	11.09%
3 Month Change	0.81%
1 Year Change	6.40%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	311.56%

Recent updates

Shareholder Returns

	688599	CN Semiconductor	CN Market
7D	-0.2%	-0.01%	0.7%
1Y	6.4%	-7.6%	-5.1%

Return vs Industry: 688599 exceeded the CN Semiconductor industry which returned -7.7% over the past year.

Return vs Market: 688599 exceeded the CN Market which returned -5.7% over the past year.

Price Volatility

Is 688599's price volatile compared to industry and market?
688599 volatility
688599 Average Weekly Movement	7.2%
Semiconductor Industry Average Movement	6.2%
Market Average Movement	5.0%
10% most volatile stocks in CN Market	8.3%
10% least volatile stocks in CN Market	3.0%

Stable Share Price: 688599 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 688599's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
1997	18,093	Jifan Gao	https://www.trinasolar.com

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.

Trina Solar Co., Ltd Fundamentals Summary

How do Trina Solar's earnings and revenue compare to its market cap?
688599 fundamental statistics
Market Cap	CN¥153.65b
Earnings (TTM)	CN¥3.05b
Revenue (TTM)	CN¥71.41b

50.4x

P/E Ratio

2.2x

P/S Ratio

Is 688599 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
688599 income statement (TTM)
Revenue	CN¥71.41b
Cost of Revenue	CN¥61.66b
Gross Profit	CN¥9.75b
Other Expenses	CN¥6.70b
Earnings	CN¥3.05b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.41
Gross Margin	13.65%
Net Profit Margin	4.27%
Debt/Equity Ratio	63.3%

How did 688599 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

16%

Payout Ratio

688599 Stock Overview

Rewards

Risk Analysis

Trina Solar Co., Ltd Competitors

SZSE:002459

CN¥157.6b

SHSE:688223

CN¥153.0b

SHSE:603986

CN¥80.9b

SZSE:002049

CN¥109.8b

Price History & Performance

Recent News & Updates

Price target increased to CN¥90.55

Trina Solar's 210mm n-type i-TOPCon Cells Roll Off Production Line

Investor sentiment improved over the past week

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.22 in 3Q 2021)

Standard Solar, Inc. acquired 6.2 Megawatt Rhode Island Community Solar Portfolio from Trina Solar Co., Ltd (SHSE:688599).

Recent updates

Price target increased to CN¥90.55

Trina Solar's 210mm n-type i-TOPCon Cells Roll Off Production Line

Investor sentiment improved over the past week

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.22 in 3Q 2021)

Standard Solar, Inc. acquired 6.2 Megawatt Rhode Island Community Solar Portfolio from Trina Solar Co., Ltd (SHSE:688599).

Price target increased to CN¥85.95

First half 2022 earnings released: EPS: CN¥0.60 (vs CN¥0.34 in 1H 2021)

Price target increased to CN¥82.89

Trina Solar Co., Ltd Announces Mass Production of New-Generation 430W Vertex S Begins, Trina Solar Is Delivering the Ultra-High Performance Modules for All Rooftops

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Trina Solar to Present Global Launches of Smart Solar PV Products and Solutions

Consensus forecasts updated

Price target decreased to CN¥70.42

Full year 2021 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Investor sentiment deteriorated over the past week

Trina Solar Announces 210×210MM i-TOPCon Cell Achieves Maximum Efficiency of 25.5%

Price target increased to CN¥77.93

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Price target increased to CN¥69.50

Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.19 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Trina Solar's 210 Vertex P-Type PERC Module Achieves 23.03% Aperture Efficiency

Trina Solar Commences 112MW Shipments of 670W Ultra-High-Power Modules

Investor sentiment improved over the past week

Trina Solar to Deliver 210Mm 550W High-Power Vertex Modules in North America, Newly Produced from Its Vietnam Factory

First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.09 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.64 (vs CN¥0.36 in FY 2019)

Trina Solar Co. Ltd. Introduces the 670W Vertex Module

New 90-day low: CN¥18.79

Tigo Names Jing Tian as Chief Growth Officer

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: CN¥24.11

New 90-day high: CN¥20.40

Market bids up stock over the past week

Trina Solar Announces a Joint Venture Agreement with Tongwei

Trina Solar Launches 405W+ Vertex S Module Series with an Expected Capacity of 15GW in 2023

New 90-day high: CN¥17.92

Trina Solar's Vertex 600W+ Series Modules Obtains Industry's Worldwide Recognized IEC Certifications

Trina Solar Signs Contract to Work on 35 Solar Projects with A Total Generation Capacity of 970 Mw

Trina Solar Co., Ltd.'s Vertex 600W/550W Series Ultra-High Power Modules Pass TÜV Rheinland's Comprehensive Reliability Test

New 90-day low - CN¥14.84

Trina Solar Co., Ltd (SHSE:688599) agreed to acquire remaining 49% stake in NCLAVE Renewable, S.L. for €42.7 million.

First half earnings released

TPG The Rise Fund managed by TPG Growth acquired 1 gigawatt (GW) of solar PV projects from Trina Solar Co., Ltd (SHSE:688599).

Trina Solar Co., Ltd to Report First Half, 2020 Results on Aug 28, 2020

Shareholder Returns

Price Volatility

About the Company

Trina Solar Co., Ltd Fundamentals Summary

50.4x

2.2x