SHSE:688599

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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

688599IndustryMarket
7 Day8.8%4.8%2.9%
30 Day-5.9%10.6%7.2%
90 Day48.3%29.2%11.5%
1 Yearn/a47.4%47.0%34.0%31.8%
3 Yearn/a145.7%135.6%23.1%17.0%
5 Yearn/a201.7%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

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

NamePositionTenureCompensationOwnership
Jifan Gao
Founder0.33yrno data32.3%
CN¥ 15.5b
Chen Chung Yu
Senior Vice President of Operations10.5yrsno datano data
Yvonne Young
Investor Relations Directorno datano datano data
Chan On
Vice President of Legal Affairs and Board Secretaryno datano datano data
Yang Shao
Deputy GM & Chief Human Resources Officer10.33yrsno datano data
Jiqing Gao
Deputy General Manager5.08yrsno datano data
Rongfang Yin
Regional Head of Module Business Unit for Europe & Africa5.33yrsno datano data
Rafael Esteban
Regional Head of Systems Business Unit for EMEA & Latin America5.25yrsno datano data
Xiaozhong Yang
Deputy GM & Chief Brand Officerno datano datano data
Hongming You
President of International System Business Unitno datano datano data
Franck Zhang
Head of Product Strategy & Value Managementno datano datano data
Bo Cao
Deputy General Manager1yrno datano 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

NamePositionTenureCompensationOwnership
Jifan Gao
Founder0.33yrno data32.3%
CN¥ 15.5b
Kwok On Yeung
Independent Director10.42yrsno datano data
Liping Qiu
Independent Director14.67yrsno datano data
Qian Zhao
Independent Director13.67yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
688599SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 09:23
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.