Trina Solar Co., Ltd. (SHA:688599)
China flag China · Delayed Price · Currency is CNY
12.64
-0.26 (-2.02%)
Aug 24, 2026, 3:00 PM CST

Trina Solar Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
67,90466,97580,314113,41185,05244,480
Revenue Growth
-0.73%-16.61%-29.18%33.34%91.21%51.20%
Gross Profit
2,9932,5286,17015,36810,9186,167
Operating Income
-5,010-5,344-2,6697,5444,5882,086
Net Income
-4,383-7,031-3,4125,5273,6811,804
Earnings Per Share
-2.05-3.24-1.572.421.710.87
EPS Growth
---41.52%96.55%35.94%

Revenue by Segment

Fiscal YearFY 2025
Period EndingDec '25
Photovoltaic Products
48,917
Energy Storage Business
4,372
System Solutions Projects
12,439
Offset of Business Segment
-1,518
Digital Energy Services
2,765
Total
66,975

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
21,54722,56922,53524,38319,23211,120
Total Debt
39,25044,10347,58030,27918,30618,189
Net Cash (Debt)
-17,704-21,534-25,045-5,896926.19-7,069
Net Cash Growth
------
Net Cash Per Share
-8.28-9.92-11.52-2.580.43-3.41

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
10,1316,9027,94324,0009,2371,098
Capital Expenditures
-3,498-4,669-13,287-18,962-8,108-6,492
Free Cash Flow
6,6342,233-5,3445,0381,129-5,394
Free Cash Flow Growth
310.16%--346.28%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
4.41%3.77%7.68%13.55%12.84%13.86%
Operating Margin
-7.38%-7.98%-3.32%6.65%5.39%4.69%
Pretax Margin
-7.51%-12.19%-4.59%5.76%4.68%5.11%
Profit Margin
-6.45%-10.50%-4.25%4.87%4.33%4.06%
FCF Margin
9.77%3.33%-6.65%4.44%1.33%-12.13%

Dividends

Fiscal YearFY 2023FY 2022FY 2021
Period EndingDec '23 Dec '22 Dec '21
Dividend Per Share
0.6330.4780.230
Dividend Per Share Growth
32.44%107.81%27.78%
Dividend Yield
2.29%0.78%0.31%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---11.1837.5790.44
Forward PE
-9.9615.587.8824.8555.16
P/FCF Ratio
4.3617.22-12.26122.53-
PS Ratio
0.430.570.520.551.633.67