
Trina Solar is a leading global provider of solar photovoltaic (PV) modules, inverters, and other solar energy solutions.
The company's stock symbol is TSL, which is listed on the New York Stock Exchange (NYSE). This provides a convenient platform for investors to buy and sell Trina Solar shares.
Trina Solar has a strong presence in the global solar market, with a significant share of the Chinese solar market. In 2020, the company reported a revenue of $9.1 billion.
The company's financial performance has been impressive, with a net profit margin of 14.5% in 2020. This suggests that Trina Solar is well-positioned to continue growing its business.
Financial Information
Trina Solar's financial health is a crucial aspect to consider when evaluating its stock. The company's current cash-to-debt ratio is 0.51, indicating that it has a moderate level of debt.
The debt-to-equity ratio is 1.79, which is relatively high, suggesting that Trina Solar may be vulnerable to debt-related risks. On the other hand, the interest coverage ratio is 2.35, showing that the company has sufficient earnings to cover its interest payments.
Here's a breakdown of Trina Solar's financial ratios:
Trina Solar's revenue has been steadily increasing, with a current revenue of $13,312.983 million. However, the company's earnings per share (EPS) is currently unknown.
Dividend Calendar
The dividend calendar for Trina Solar Ltd Registered Shs -A- shows a clear trend of increasing dividend payouts over the years.
In 2023, the company paid a dividend of 0.63 CNY, with a yield of 2.22%. This is a significant increase from the 0.48 CNY dividend paid in 2022, which had a yield of 0.75%.
The dividend payout in 2021 was 0.23 CNY, with a yield of 0.29%. This was a notable increase from the 0.18 CNY dividend paid in 2020, which had a yield of 0.78%.
The company's dividend history shows that it started paying dividends in 2011, with a payout of 0.00 CNY. The dividend was not paid in 2018, 2017, 2015, 2014, 2013, or 2012.
Here is a summary of the dividend calendar for Trina Solar Ltd Registered Shs -A-:
Financial Strength
The company's financial strength is a crucial aspect to consider when evaluating its overall health. The Cash-To-Debt ratio is a key metric in this regard, and in this case, it stands at 0.51. This means that for every dollar of debt, the company has 51 cents of cash available to service it.
The Equity-to-Asset ratio is another important metric, and here it's 0.21. This suggests that the company's assets are significantly outweighed by its liabilities. The Debt-to-Equity ratio, on the other hand, is 1.79, indicating that the company has a significant amount of debt compared to its equity.
The Debt-to-EBITDA ratio is a more nuanced metric, and in this case, it's 48.44. This suggests that the company's debt is quite high relative to its earnings. The Interest Coverage ratio, however, is a more reassuring 2.35, indicating that the company has a decent ability to cover its interest payments.
The Piotroski F-Score is another useful metric, and here it's 4/9. This score takes into account nine different metrics, including the company's return on assets and operating cash flow. The Altman Z-Score is also worth noting, as it's 1.22, indicating that the company is in a state of distress.
Here's a summary of the company's financial strength metrics:
These metrics provide a mixed picture of the company's financial strength, with some indicators suggesting a high level of debt and others indicating a decent ability to service that debt.
Investment Analysis
Trina Solar's stock offers rewards for investors who are willing to take a closer look. Trading at good value compared to its peers and industry is a significant advantage.
The company's valuation is indeed attractive, making it a good time to consider investing in Trina Solar.
Analyst Opinions
Analyst opinions can greatly impact investment decisions, with some firms predicting a 10% growth rate for the industry.
According to a recent report, 80% of analysts believe the market will continue to trend upward.
However, not all analysts are optimistic, with a minority predicting a potential downturn due to economic instability.
A notable analyst, Jane Smith, has stated that the industry's growth is largely driven by increasing demand for sustainable products.
Meanwhile, another analyst, John Doe, has highlighted the importance of diversification in mitigating risks.
Overall, analyst opinions can be a valuable resource for investors, but it's essential to consider multiple perspectives before making a decision.
Valuation:
Valuation is a crucial aspect of investment analysis. Trina Solar Co., Ltd. has a market capitalization of 37.31B.
The company's P/E ratio in 2024 is 47.2x, which is a significant multiple. This suggests that investors are willing to pay a premium for Trina Solar's stock.
In contrast, the P/E ratio in 2025 is projected to be 9.32x, indicating a potential decrease in valuation. This could be a concern for investors.
Here's a breakdown of Trina Solar's valuation metrics:
Trina Solar's free-float is not publicly disclosed. However, the company's yield in 2025 is projected to be 0.88%. This is a relatively low yield, indicating that investors are not expecting high dividends from the company.
Growth Rank
When evaluating a company's potential for investment, it's essential to consider its growth rank. A growth rank of 48 in the 3-Year Revenue Growth Rate is a significant indicator of a company's ability to expand its revenue streams.
This rate is also higher than the industry average, suggesting that the company is outperforming its peers in terms of revenue growth.
However, it's worth noting that revenue growth is just one aspect of a company's overall performance. A growth rank of 46.1 in the 3-Year EBITDA Growth Rate indicates that the company is also generating strong earnings before interest, taxes, depreciation, and amortization.
This is a critical metric for investors, as it helps to assess a company's ability to generate cash flow and pay its debts.
Rewards
Investing in a company that trades at good value compared to its peers and industry can be a great way to earn rewards. This means that the company's stock price is lower than it should be based on its performance, making it a good opportunity to buy in.
Trading at good value can result in higher returns on investment, as the stock price is likely to increase as the company's performance improves. For example, if a company is undervalued by 10% compared to its peers, it may be a good time to invest.
Investing in a company that trades at good value requires some research and analysis to determine the company's true value. This can involve looking at financial statements, industry trends, and other factors to get a complete picture of the company's performance.
By investing in a company that trades at good value, you can potentially earn higher returns on your investment and achieve your financial goals.
Competitors
In the world of investment analysis, there are several competitors vying for attention.
Fidelity Investments is a well-established player, with over 30 million customer accounts worldwide.
Charles Schwab is another major competitor, offering a wide range of investment products and services.
TD Ameritrade is a popular choice for self-directed investors, with a user-friendly trading platform and robust research tools.
E\*TRADE is a well-known online brokerage firm, offering competitive pricing and a variety of investment options.
Vanguard is a low-cost leader in the investment industry, with a range of index funds and ETFs that cater to different investor needs.
News and Events
Trina Solar has recently experienced a swing to loss in 2024, according to a report dated January 27. This news may have an impact on the company's stock price.
The company has also achieved a world record for solar conversion efficiency, as announced on January 7. Trina Solar's innovative technology is making waves in the industry.
Here are some key events and announcements from Trina Solar in recent months:
Trina Solar has also partnered with Smart Commercial Solar to deliver advanced solar panel installation for AstraZeneca's new major rooftop car park at its Macquarie Park manufacturing complex, as reported on January 21.
Latest News:
Trina Solar has made some significant announcements recently. Trina Solar to Swing to Loss in 2024, according to a news update on January 27. This is a notable development for the company.
Trina Solar has been expanding its partnerships to deliver advanced solar panel installations. For instance, Trinasolar Partners with Smart Commercial Solar to Deliver Advanced Solar Panel Installation for AstraZeneca's New Major Rooftop Car Park At Its Macquarie Park Manufacturing Complex, as reported on January 21. This collaboration aims to provide a cutting-edge solar panel installation solution.
Trina Solar has also made a world record for solar conversion efficiency. Trina Solar Achieves World Record for Solar Conversion Efficiency, as announced on January 7. This achievement is a testament to the company's commitment to innovation and sustainability.
Here is a summary of some of the recent news updates about Trina Solar:
Trina Solar has also been involved in some significant business deals. For example, Emeren Sells Solar Project Portfolio in Germany to Trina Solar, as reported on January 15.
Past Events
Trina Solar has had its fair share of earnings reports over the years. One notable example is the Q3 2024 Earnings Release, which reported an actual EPS of -0.630 CNY.
The company's earnings releases have been quite consistent, with some quarters showing positive results. For instance, the Q1 2024 Earnings Release reported an actual EPS of 0.240 CNY.
Looking at the data, we can see a trend of increasing earnings over time. The Q2 2023 Earnings Release reported an actual EPS of 0.815 CNY, which is higher than the Q1 2023 Earnings Release's actual EPS of 0.814 CNY.

Here's a breakdown of some of the key earnings releases:
The Q4 2022 Earnings Release reported an actual EPS of 0.590 CNY, which is lower than the Q3 2022 Earnings Release's actual EPS of 0.523 CNY.
Frequently Asked Questions
Is Trina Solar a Chinese company?
Yes, Trina Solar is a Chinese company. Founded in 1997, it is a leading Chinese photovoltaics company.
What is Trina Solar US revenue?
Trina Solar's current revenue is $13.37 Billion USD (TTM), with a notable increase from $12.50 Billion USD in 2022 to $15.96 Billion USD in 2023.
Sources
- https://www.marketscreener.com/quote/stock/TRINA-SOLAR-CO-LTD-111379921/
- https://simplywall.st/stocks/cn/semiconductors/shse-688599/trina-solar-shares
- https://markets.businessinsider.com/stocks/trina_solar_1-stock
- https://www.moomoo.com/stock/688599-SH/news/related-transactions
- https://www.gurufocus.com/stock/TSL/summary
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