Trina Solar Past Earnings Performance
Past criteria checks 5/6
Trina Solar has been growing earnings at an average annual rate of 49.2%, while the Semiconductor industry saw earnings growing at 22.9% annually. Revenues have been growing at an average rate of 38% per year. Trina Solar's return on equity is 15.3%, and it has net margins of 4.9%.
Key information
49.2%
Earnings growth rate
46.0%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 38.0% |
| Return on equity | 15.3% |
| Net Margin | 4.9% |
| Next Earnings Update | 26 Apr 2024 |
Revenue & Expenses BreakdownBeta
How Trina Solar makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 113,510 | 5,561 | 0 | 0 |
| 30 Sep 23 | 107,973 | 6,355 | 6,535 | 1,541 |
| 30 Jun 23 | 98,705 | 5,951 | 5,825 | 1,407 |
| 31 Mar 23 | 91,098 | 4,905 | 5,542 | 1,315 |
| 31 Dec 22 | 85,052 | 3,680 | 4,855 | 1,214 |
| 30 Sep 22 | 71,414 | 3,050 | 4,133 | 1,211 |
| 30 Jun 22 | 60,024 | 2,368 | 3,737 | 1,209 |
| 31 Mar 22 | 51,230 | 2,117 | 3,385 | 1,120 |
| 31 Dec 21 | 44,480 | 1,804 | 3,022 | 921 |
| 30 Sep 21 | 40,756 | 1,554 | 2,645 | 658 |
| 30 Jun 21 | 37,060 | 1,442 | 2,605 | 495 |
| 31 Mar 21 | 32,437 | 1,307 | 2,178 | 357 |
| 31 Dec 20 | 29,418 | 1,229 | 2,220 | 358 |
| 30 Sep 20 | 26,455 | 1,092 | 2,347 | 343 |
| 30 Jun 20 | 25,104 | 991 | 2,257 | 360 |
| 31 Mar 20 | 23,443 | 722 | 2,461 | 336 |
| 31 Dec 19 | 23,322 | 641 | 2,406 | 293 |
| 31 Dec 18 | 25,054 | 558 | 2,031 | 221 |
| 31 Dec 17 | 26,159 | 542 | 2,450 | 202 |
| 30 Sep 16 | 23,218 | 905 | 2,331 | 255 |
| 30 Jun 16 | 23,484 | 589 | 2,311 | 263 |
| 31 Mar 16 | 21,263 | 576 | 2,168 | 231 |
| 31 Dec 15 | 19,708 | 497 | 2,016 | 221 |
| 30 Sep 15 | 17,663 | 289 | 1,866 | 189 |
| 30 Jun 15 | 16,139 | 477 | 1,705 | 174 |
| 31 Mar 15 | 14,875 | 290 | 1,601 | 156 |
| 31 Dec 14 | 14,179 | 368 | 1,508 | 138 |
| 30 Sep 14 | 12,932 | 394 | 1,368 | 131 |
| 30 Jun 14 | 12,675 | 389 | 1,457 | 126 |
| 31 Mar 14 | 12,182 | 113 | 1,528 | 120 |
| 31 Dec 13 | 10,746 | -436 | 1,431 | 121 |
| 30 Sep 13 | 9,501 | -1,069 | 1,553 | 118 |
| 30 Jun 13 | 7,995 | -1,487 | 1,542 | 141 |
Quality Earnings: 688599 has high quality earnings.
Growing Profit Margin: 688599's current net profit margins (4.9%) are higher than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688599's earnings have grown significantly by 49.2% per year over the past 5 years.
Accelerating Growth: 688599's earnings growth over the past year (51.1%) exceeds its 5-year average (49.2% per year).
Earnings vs Industry: 688599 earnings growth over the past year (51.1%) exceeded the Semiconductor industry -11%.
Return on Equity
High ROE: 688599's Return on Equity (15.3%) is considered low.