Trina Solar Co., Ltd. (SHA:688599)
China flag China · Delayed Price · Currency is CNY
13.57
-0.14 (-1.02%)
Jul 31, 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 EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
69,46966,97580,314113,41185,05244,480
Revenue Growth
-9.06%-16.61%-29.18%33.34%91.21%51.20%
Gross Profit
2,7162,5286,17015,36810,9186,167
Operating Income
-5,047-5,344-2,6697,5444,5882,086
Net Income
-5,994-7,031-3,4125,5273,6811,804
Earnings Per Share
-2.70-3.24-1.572.421.710.87
EPS Growth
---41.52%96.55%35.94%

Revenue by Segment

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

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
22,52122,56922,53524,38319,23211,120
Total Debt
42,52644,10347,58030,27918,30618,189
Net Cash (Debt)
-20,005-21,534-25,045-5,896926.19-7,069
Net Cash Growth
------
Net Cash Per Share
-9.02-9.92-11.52-2.580.43-3.41

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
11,8316,9027,94324,0009,2371,098
Capital Expenditures
-3,521-4,669-13,287-18,962-8,108-6,492
Free Cash Flow
8,3092,233-5,3445,0381,129-5,394
Free Cash Flow Growth
1420.28%--346.28%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
3.91%3.77%7.68%13.55%12.84%13.86%
Operating Margin
-7.27%-7.98%-3.32%6.65%5.39%4.69%
Pretax Margin
-10.02%-12.19%-4.59%5.76%4.68%5.11%
Profit Margin
-8.63%-10.50%-4.25%4.87%4.33%4.06%
FCF Margin
11.96%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
3.7417.22-12.26122.53-
PS Ratio
0.450.570.520.551.633.67