Trina Solar
Market Cap
CN¥36.4b
Last Updated
2021/04/19 09:12 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
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with excellent balance sheet.
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 not significantly more volatile than the rest 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.
Market Performance
7 Day Return
1.6%
688599
-1.9%
CN Semiconductor
-0.8%
CN Market
1 Year Return
n/a
688599
28.8%
CN Semiconductor
24.8%
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 | 1.6% | -1.9% | -0.8% |
| 30 Day | 1.3% | 4.4% | 0.9% |
| 90 Day | -15.2% | -19.6% | -6.6% |
| 1 Year | n/a | 29.2%28.8% | 26.7%24.8% |
| 3 Year | n/a | 88.2%81.4% | 28.9%22.6% |
| 5 Year | n/a | 135.1%125.2% | 30.2%21.5% |
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?
27.97x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 688599 (CN¥17.9) is trading above our estimate of fair value (CN¥4.26)
Significantly Below Fair Value: 688599 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 688599 is good value based on its PE Ratio (28x) compared to the CN Semiconductor industry average (59.5x).
PE vs Market: 688599 is good value based on its PE Ratio (28x) compared to the CN market (33.5x).
Price to Earnings Growth Ratio
PEG Ratio: 688599 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 688599 is good value based on its PB Ratio (2.5x) compared to the CN Semiconductor industry average (5.2x).
Future Growth
How is Trina Solar forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
33.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688599's forecast earnings growth (33.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 688599's earnings (33.7% per year) are forecast to grow faster than the CN market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688599's revenue (28.9% per year) is forecast to grow faster than the CN market (17.7% per year).
High Growth Revenue: 688599's revenue (28.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688599's Return on Equity is forecast to be low in 3 years time (15.7%).
Past Performance
How has Trina Solar performed over the past 5 years?
12.1%
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 (4.2%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 688599's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: 688599's earnings growth over the past year (91.3%) exceeds its 5-year average (12.1% per year).
Earnings vs Industry: 688599 earnings growth over the past year (91.3%) exceeded the Semiconductor industry 38.7%.
Return on Equity
High ROE: 688599's Return on Equity (7.9%) is considered low.
Financial Health
How is Trina Solar's financial position?
Financial Position Analysis
Short Term Liabilities: 688599's short term assets (CN¥28.3B) exceed its short term liabilities (CN¥24.2B).
Long Term Liabilities: 688599's short term assets (CN¥28.3B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 688599's debt to equity ratio (60.9%) is considered high.
Reducing Debt: 688599's debt to equity ratio has reduced from 158.2% to 60.9% over the past 5 years.
Debt Coverage: 688599's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 688599 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Trina Solar current dividend yield, its reliability and sustainability?
1.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 688599's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).
High Dividend: 688599's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (1.83%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 688599's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688599's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.1%), 688599's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Jifan Gao (55 yo)
0.58
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
Experienced Management: 688599's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: 688599's board of directors are seasoned and experienced ( 14.4 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¥36.377b
- 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
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 | 2021/04/19 09:12 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.