| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 6/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
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.
Trina Solar Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥67.07 |
| 52 Week High | CN¥87.30 |
| 52 Week Low | CN¥15.56 |
| Beta | 0 |
| 1 Month Change | -14.94% |
| 3 Month Change | 7.04% |
| 1 Year Change | 188.23% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 289.72% |
Recent News & Updates
Shareholder Returns
| 688599 | CN Semiconductor | CN Market | |
|---|---|---|---|
| 7D | -1.7% | -2.7% | -1.2% |
| 1Y | 188.2% | 8.2% | -2.9% |
Return vs Industry: 688599 exceeded the CN Semiconductor industry which returned 8.2% over the past year.
Return vs Market: 688599 exceeded the CN Market which returned -2.9% over the past year.
Price Volatility
| 688599 volatility | |
|---|---|
| 688599 Average Weekly Movement | 9.7% |
| Semiconductor Industry Average Movement | 6.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in CN Market | 9.5% |
| 10% least volatile stocks in CN Market | 3.5% |
Stable Share Price: 688599 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 688599's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 18,645 | 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 Fundamentals Summary
| 688599 fundamental statistics | |
|---|---|
| Market Cap | CN¥138.70b |
| Earnings (TTM) | CN¥1.55b |
| Revenue (TTM) | CN¥40.76b |
89.3x
P/E Ratio3.4x
P/S RatioIs 688599 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 688599 income statement (TTM) | |
|---|---|
| Revenue | CN¥40.76b |
| Cost of Revenue | CN¥35.26b |
| Gross Profit | CN¥5.49b |
| Expenses | CN¥3.94b |
| Earnings | CN¥1.55b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.75 |
| Gross Margin | 13.48% |
| Net Profit Margin | 3.81% |
| Debt/Equity Ratio | 96.7% |
How did 688599 perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield24%
Payout RatioValuation
Is Trina Solar undervalued compared to its fair value and its price relative to the market?
89.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 688599 (CN¥67.07) is trading above our estimate of fair value (CN¥9.48)
Significantly Below Fair Value: 688599 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 688599 is poor value based on its PE Ratio (89.3x) compared to the CN Semiconductor industry average (66.6x).
PE vs Market: 688599 is poor value based on its PE Ratio (89.3x) compared to the CN market (36.1x).
Price to Earnings Growth Ratio
PEG Ratio: 688599 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 688599 is overvalued based on its PB Ratio (8.5x) compared to the CN Semiconductor industry average (6.6x).
Future Growth
How is Trina Solar forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
49.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688599's forecast earnings growth (49.8% per year) is above the savings rate (3.3%).
Earnings vs Market: 688599's earnings (49.8% per year) are forecast to grow faster than the CN market (24.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688599's revenue (30.3% per year) is forecast to grow faster than the CN market (18.5% per year).
High Growth Revenue: 688599's revenue (30.3% 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 high in 3 years time (20.6%)
Past Performance
How has Trina Solar performed over the past 5 years?
16.1%
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 (3.8%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 688599's earnings have grown by 16.1% per year over the past 5 years.
Accelerating Growth: 688599's earnings growth over the past year (42.3%) exceeds its 5-year average (16.1% per year).
Earnings vs Industry: 688599 earnings growth over the past year (42.3%) underperformed the Semiconductor industry 65.8%.
Return on Equity
High ROE: 688599's Return on Equity (9.2%) is considered low.
Financial Health
How is Trina Solar's financial position?
Financial Position Analysis
Short Term Liabilities: 688599's short term assets (CN¥40.1B) exceed its short term liabilities (CN¥33.7B).
Long Term Liabilities: 688599's short term assets (CN¥40.1B) exceed its long term liabilities (CN¥11.1B).
Debt to Equity History and Analysis
Debt Level: 688599's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: 688599's debt to equity ratio has reduced from 163.4% to 96.7% over the past 5 years.
Debt Coverage: 688599's debt is not well covered by operating cash flow (14%).
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?
0.27%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 688599's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.41%).
High Dividend: 688599's dividend (0.27%) is low compared to the top 25% of dividend payers in the CN market (1.78%).
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 low payout ratio (24.1%), 688599's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 688599's dividends in 3 years are forecast to be well covered by earnings (25.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Jifan Gao (56 yo)
24.08yrs
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 (6.3 years average tenure).
Board Members
Experienced Board: 688599's board of directors are seasoned and experienced ( 15.2 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: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Trina Solar Co., Ltd's employee growth, exchange listings and data sources
Key Information
- Name: Trina Solar Co., Ltd
- Ticker: 688599
- Exchange: SHSE
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: CN¥138.703b
- Shares outstanding: 2.07b
- Website: https://www.trinasolar.com
Number of Employees
Location
- Trina Solar Co., Ltd
- No.2 Tianhe Road
- Trina Photovoltaic Industrial Park
- Changzhou
- Jiangsu Province
- 213031
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 09:05 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| 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.