Trina Solar Financials

688599 Stock   21.80  0.39  1.76%   
Financial data analysis helps to confirm if markets are presently mispricing Trina Solar. We were able to analyze twenty-nine available drivers for Trina Solar Co, which can be compared to its competition. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Trina Solar to be traded at 21.15 in 90 days. Key indicators impacting Trina Solar's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income10.3 B9.8 B
Sufficiently Up
Slightly volatile
  
Understanding current and past Trina Solar Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Trina Solar's financial statements are interrelated, with each one affecting the others. For example, an increase in Trina Solar's assets may result in an increase in income on the income statement.
Please note, the presentation of Trina Solar's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trina Solar's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Trina Solar's management manipulating its earnings.

Trina Solar Stock Summary

Trina Solar competes with Shanghai Yanpu, Anhui Tongguan, Western Metal, Ningbo Thermal, and Chengtun Mining. Trina Solar is entity of China. It is traded as Stock on SHG exchange.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentChina Stock View All
ExchangeShanghai Stock Exchange
ISINCNE100003ZR0
Business AddressNo2 Tianhe Road,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.trinasolar.com
Phone86 519 8517 6109
You should never invest in Trina Solar without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Trina Stock, because this is throwing your money away. Analyzing the key information contained in Trina Solar's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Trina Solar Key Financial Ratios

Trina Solar's financial ratios allow both analysts and investors to convert raw data from Trina Solar's financial statements into concise, actionable information that can be used to evaluate the performance of Trina Solar over time and compare it to other companies across industries.

Trina Solar Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab2.6B2.1B5.1B2.6B1.7B2.5B
Other Liab1.2B1.0B1.1B1.1B1.3B1.1B
Net Tangible Assets10.7B11.2B14.3B16.1B18.5B11.7B
Retained Earnings1.1B2.1B3.5B6.5B10.8B11.4B
Accounts Payable9.2B15.0B18.7B30.1B39.6B41.6B
Other Assets1.6B1.8B3.5B3.6B4.1B2.2B
Net Receivables7.5B4.2B8.2B13.2B18.1B19.0B
Inventory5.6B7.1B12.8B18.7B23.4B11.9B
Other Current Assets1.7B2.1B3.8B2.3B3.6B2.3B
Total Current Assets22.3B28.3B41.9B61.1B76.5B80.3B
Common Stock1.8B1.8B2.1B2.1B1.9B2.2B
Total Assets36.5B45.6B63.5B90.0B120.3B62.8B
Cash5.8B9.4B10.7B19.1B24.3B25.6B
Long Term Debt2.6B4.1B8.0B3.6B19.8B20.8B
Total Liab23.8B29.9B45.4B61.2B83.8B42.9B
Short Long Term Debt6.9B5.7B9.0B13.7B9.5B10.0B
Intangible Assets595.5M649.2M894.1M2.6B3.0B3.2B
Net Debt3.6B357.0M6.3B5.0B4.5B3.7B
Net Invested Capital21.4B24.9B34.1B43.6B60.9B35.9B
Net Working Capital2.8B4.1B6.8B6.1B15.5B16.3B

Trina Solar Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense443.3M429.3M535.4M646.2M1.3B1.4B
Income Tax Expense141.2M167.6M173.8M423.7M487.2M511.6M
Minority Interest742.1M619.6M(45.7M)27.3M(466.4M)(443.1M)
Tax Provision167.6M173.8M423.7M330.1M534.9M288.8M
Net Interest Income(420.3M)(404.6M)(608.3M)(487.0M)(896.3M)(941.1M)
Interest Income81.0M94.2M363.6M256.0M517.9M543.8M
Total Revenue23.3B29.4B44.5B85.1B113.4B119.1B
Gross Profit4.1B4.7B6.3B11.4B18.0B18.9B
Operating Income1.4B2.2B2.6B5.6B9.8B10.3B
Ebit1.4B1.2B1.9B2.1B2.4B1.9B
Research Development298.4M363.5M924.8M1.2B1.5B1.6B
Cost Of Revenue19.3B24.7B38.2B73.6B95.4B100.2B
Income Before Tax869.8M1.4B2.3B4.0B6.5B6.9B
Net Income640.6M1.2B1.8B3.7B5.5B5.8B
Ebitda2.2B3.0B4.1B6.8B7.8B8.2B

Trina Solar Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Trina Solar. It measures of how well Trina is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Trina Solar brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Trina had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Trina Solar has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Net Borrowings(488.7M)1.1B227.0M9.6B11.0B11.6B
Capital Expenditures3.9B4.7B6.5B8.1B15.7B16.5B
Change To Netincome3.4B666.1M636.1M195.0M175.5M166.7M
Investments(1.3B)371.3M(529.1M)(9.0B)(15.8B)(15.0B)
Change In Cash1.3B337.4M2.4B7.1B11.1B11.6B
Depreciation856.5M1.1B1.3B2.2B3.2B3.4B
Dividends Paid543.9M576.4M869.2M899.5M1.7B988.2M
Net Income640.6M1.2B1.8B3.7B5.6B5.8B
End Period Cash Flow3.8B4.2B6.5B13.6B19.5B20.5B
Free Cash Flow1.4B(1.7B)(5.4B)1.1B(189.7M)(199.2M)
Other Non Cash Items437.6M402.0M575.6M457.4M790.3M467.3M

Trina Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Trina Solar's current stock value. Our valuation model uses many indicators to compare Trina Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trina Solar competition to find correlations between indicators driving Trina Solar's intrinsic value. More Info.
Trina Solar Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Trina Solar by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Trina Solar's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Trina Solar Systematic Risk

Trina Solar's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Trina Solar volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Trina Solar correlated with the market. If Beta is less than 0 Trina Solar generally moves in the opposite direction as compared to the market. If Trina Solar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Trina Solar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Trina Solar is generally in the same direction as the market. If Beta > 1 Trina Solar moves generally in the same direction as, but more than the movement of the benchmark.

Trina Solar Co Other Current Liab Over Time

Trina Solar December 20, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Trina Solar help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Trina Solar Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Trina Solar Co based on widely used predictive technical indicators. In general, we focus on analyzing Trina Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Trina Solar's daily price indicators and compare them against related drivers.

Complementary Tools for Trina Stock analysis

When running Trina Solar's price analysis, check to measure Trina Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trina Solar is operating at the current time. Most of Trina Solar's value examination focuses on studying past and present price action to predict the probability of Trina Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trina Solar's price. Additionally, you may evaluate how the addition of Trina Solar to your portfolios can decrease your overall portfolio volatility.
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