Trina Solar Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	22,503	24,355	19,143	10,690
Trading Asset Securities	-	28.9	28.05	89.37	429.95
Cash & Short-Term Investments	22,386	22,532	24,383	19,232	11,120
Cash Growth	-0.65%	-7.59%	26.78%	72.95%	1.30%
Accounts Receivable	-	19,198	21,996	17,392	11,848
Other Receivables	-	1,285	1,305	2,145	2,365
Receivables	-	20,484	23,301	19,537	14,214
Inventory	-	22,340	23,404	18,715	12,754
Other Current Assets	-	6,911	5,390	3,581	3,774
Total Current Assets	-	72,267	76,478	61,065	41,861
Property, Plant & Equipment	-	35,253	27,198	16,419	14,582
Long-Term Investments	-	5,216	5,834	4,607	2,464
Goodwill	-	154.3	154.3	154.3	154.3
Other Intangible Assets	-	3,110	3,043	2,632	894.1
Long-Term Accounts Receivable	-	1,129	304.32	195.35	669.12
Long-Term Deferred Tax Assets	-	3,374	2,550	1,875	1,217
Long-Term Deferred Charges	-	184.56	137.47	49.5	42.05
Other Long-Term Assets	-	3,246	4,647	2,981	1,657
Total Assets	-	123,935	120,346	89,978	63,540
Accounts Payable	-	32,472	39,644	30,114	18,708
Accrued Expenses	-	3,797	4,194	3,048	2,266
Short-Term Debt	-	6,418	6,455	9,718	6,647
Current Portion of Long-Term Debt	-	6,655	2,148	3,144	1,639
Current Portion of Leases	-	708.14	896.57	809.97	718.23
Current Income Taxes Payable	-	381.35	474.05	490.84	469.72
Current Unearned Revenue	-	2,184	3,014	4,967	2,042
Other Current Liabilities	-	2,871	4,151	2,657	2,558
Total Current Liabilities	-	55,485	60,976	54,950	35,049
Long-Term Debt	-	32,442	19,840	3,572	7,951
Long-Term Leases	-	1,269	940.52	1,061	1,234
Long-Term Unearned Revenue	-	3.18	15.02	2.76	13.32
Long-Term Deferred Tax Liabilities	-	34.6	278.97	311.82	29.45
Other Long-Term Liabilities	-	2,458	1,747	1,283	1,100
Total Liabilities	-	91,693	83,797	61,181	45,376
Common Stock	-	2,179	2,174	2,173	2,074
Additional Paid-In Capital	-	17,904	17,893	17,225	11,514
Retained Earnings	-	6,439	11,235	6,719	3,536
Treasury Stock	-	-659.71	-399.89	-	-
Comprehensive Income & Other	-	515.7	625.58	223.88	-10.97
Total Common Equity	21,928	26,378	31,526	26,340	17,112
Minority Interest	-	5,864	5,023	2,457	1,052
Shareholders' Equity	27,252	32,242	36,549	28,797	18,164
Total Liabilities & Equity	-	123,935	120,346	89,978	63,540
Total Debt	50,242	47,492	30,279	18,306	18,189
Net Cash (Debt)	-27,857	-24,961	-5,896	926.19	-7,069
Net Cash Per Share	-12.86	-11.53	-2.58	0.43	-3.41
Filing Date Shares Outstanding	2,199	2,166	2,166	2,173	2,074
Total Common Shares Outstanding	2,161	2,166	2,166	2,173	2,074
Working Capital	-	16,782	15,502	6,115	6,812
Book Value Per Share	10.15	12.18	14.56	12.12	8.25
Tangible Book Value	18,634	23,113	28,329	23,554	16,064
Tangible Book Value Per Share	8.62	10.67	13.08	10.84	7.75
Buildings	-	7,572	6,339	3,919	3,734
Machinery	-	36,236	24,587	14,128	14,598
Construction In Progress	-	3,138	3,966	4,039	1,165

Source: S&P Global Market Intelligence. Standard template. Financial Sources.