Trina Solar
Market Cap
CN¥48.1b
Last Updated
2021/01/23 09:23 UTC
Data Sources
Company Financials
Executive Summary
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. More Details
Snowflake Analysis
Excellent balance sheet with proven track record.
Similar Companies
Share Price & News
How has Trina Solar's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 688599 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 688599's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
8.8%
688599
4.8%
CN Semiconductor
2.9%
CN Market
1 Year Return
n/a
688599
47.0%
CN Semiconductor
31.8%
CN Market
Return vs Industry: Insufficient data to determine how 688599 performed against the CN Semiconductor industry.
Return vs Market: Insufficient data to determine how 688599 performed against the CN Market.
Shareholder returns
| 688599 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.8% | 4.8% | 2.9% |
| 30 Day | -5.9% | 10.6% | 7.2% |
| 90 Day | 48.3% | 29.2% | 11.5% |
| 1 Year | n/a | 47.4%47.0% | 34.0%31.8% |
| 3 Year | n/a | 145.7%135.6% | 23.1%17.0% |
| 5 Year | n/a | 201.7%191.0% | 51.6%41.1% |
Long-Term Price Volatility Vs. Market
How volatile is Trina Solar's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Trina Solar undervalued compared to its fair value and its price relative to the market?
39.85x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 688599's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 688599's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 688599 is good value based on its PE Ratio (39.8x) compared to the CN Semiconductor industry average (78.6x).
PE vs Market: 688599 is poor value based on its PE Ratio (39.8x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 688599's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 688599 is good value based on its PB Ratio (3.3x) compared to the CN Semiconductor industry average (6.8x).
Next Steps
Future Growth
How is Trina Solar forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.2%
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Trina Solar has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Trina Solar's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Semiconductors industry.
Past Performance
How has Trina Solar performed over the past 5 years?
12.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 688599 has a high level of non-cash earnings.
Growing Profit Margin: 688599's current net profit margins (4.1%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: 688599's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: 688599's earnings growth over the past year (76.2%) exceeds its 5-year average (12.9% per year).
Earnings vs Industry: 688599 earnings growth over the past year (76.2%) exceeded the Semiconductor industry 27.4%.
Return on Equity
High ROE: 688599's Return on Equity (7.4%) is considered low.
Next Steps
Financial Health
How is Trina Solar's financial position?
Financial Position Analysis
Short Term Liabilities: 688599's short term assets (CN¥25.7B) exceed its short term liabilities (CN¥22.5B).
Long Term Liabilities: 688599's short term assets (CN¥25.7B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 688599's debt to equity ratio (68.3%) is considered high.
Reducing Debt: 688599's debt to equity ratio has reduced from 139.2% to 68.3% over the past 5 years.
Debt Coverage: 688599's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 688599's interest payments on its debt are well covered by EBIT (32.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Trina Solar current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 688599's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 688599's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 688599's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 688599's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 688599's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Jifan Gao (55 yo)
0.33
Tenure
Mr. Jifan Gao founded Trina Solar Co., Ltd and its subsidiary, Changzhou Trina Solar Energy Co., Ltd. in 1998. He is Chairman of Trina Solar Co., Ltd since January 1998. Mr. Gao serves as General Manager o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 0.33yr | no data | 32.3% CN¥ 15.5b | |
| Senior Vice President of Operations | 10.5yrs | no data | no data | |
| Investor Relations Director | no data | no data | no data | |
| Vice President of Legal Affairs and Board Secretary | no data | no data | no data | |
| Deputy GM & Chief Human Resources Officer | 10.33yrs | no data | no data | |
| Deputy General Manager | 5.08yrs | no data | no data | |
| Regional Head of Module Business Unit for Europe & Africa | 5.33yrs | no data | no data | |
| Regional Head of Systems Business Unit for EMEA & Latin America | 5.25yrs | no data | no data | |
| Deputy GM & Chief Brand Officer | no data | no data | no data | |
| President of International System Business Unit | no data | no data | no data | |
| Head of Product Strategy & Value Management | no data | no data | no data | |
| Deputy General Manager | 1yr | no data | no data |
5.3yrs
Average Tenure
55yo
Average Age
Experienced Management: 688599's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 0.33yr | no data | 32.3% CN¥ 15.5b | |
| Independent Director | 10.42yrs | no data | no data | |
| Independent Director | 14.67yrs | no data | no data | |
| Independent Director | 13.67yrs | no data | no data |
14.2yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 688599's board of directors are seasoned and experienced ( 14.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: 688599 only recently listed within the past 12 months.
Top Shareholders
Company Information
Trina Solar Co., Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trina Solar Co., Ltd
- Ticker: 688599
- Exchange: SHSE
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: CN¥48.123b
- Shares outstanding: 2.07b
- Website: https://www.trinasolar.com
Number of Employees
Location
- Trina Solar Co., Ltd
- No.2 Tianhe Road
- Trina PV Industrial Park
- Changzhou
- Jiangsu Province
- 213031
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 688599 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Jun 2020 |
Biography
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, develo...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 09:23 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.