Trina Solar Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	22,333	22,503	24,355	19,143	10,690	9,429
Short-Term Investments	-	-	-	-	-	632.93
Trading Asset Securities	53.1	28.9	28.05	89.37	429.95	914.71
Cash & Short-Term Investments	22,386	22,532	24,383	19,232	11,120	10,977
Cash Growth	-14.99%	-7.59%	26.78%	72.95%	1.30%	45.17%
Accounts Receivable	17,179	19,198	21,996	17,392	11,848	6,467
Other Receivables	1,901	1,285	1,305	2,145	2,365	1,652
Receivables	19,080	20,484	23,301	19,537	14,214	8,119
Inventory	26,539	22,340	23,404	18,715	12,754	7,120
Other Current Assets	7,287	6,911	5,390	3,581	3,774	2,100
Total Current Assets	75,291	72,267	76,478	61,065	41,861	28,317
Property, Plant & Equipment	31,411	35,253	27,198	16,419	14,582	12,342
Long-Term Investments	5,106	5,216	5,834	4,607	2,464	617.08
Goodwill	154.3	154.3	154.3	154.3	154.3	160.39
Other Intangible Assets	3,140	3,110	3,043	2,632	894.1	649.2
Long-Term Accounts Receivable	953.25	1,129	304.32	195.35	669.12	621.66
Long-Term Deferred Tax Assets	4,543	3,374	2,550	1,875	1,217	1,097
Long-Term Deferred Charges	214.12	184.56	137.47	49.5	42.05	66.51
Other Long-Term Assets	3,014	3,246	4,647	2,981	1,657	1,721
Total Assets	123,827	123,935	120,346	89,978	63,540	45,592
Accounts Payable	28,602	32,472	39,644	30,114	18,708	15,031
Accrued Expenses	486.38	3,797	4,194	3,048	2,266	1,478
Short-Term Debt	6,954	6,418	6,455	9,718	6,647	5,068
Current Portion of Long-Term Debt	10,024	6,655	2,148	3,144	1,639	388.61
Current Portion of Leases	-	708.14	896.57	809.97	718.23	221.83
Current Income Taxes Payable	413.99	381.35	474.05	490.84	469.72	386.48
Current Unearned Revenue	3,683	2,184	3,014	4,967	2,042	1,120
Other Current Liabilities	10,627	2,871	4,151	2,657	2,558	551.44
Total Current Liabilities	60,790	55,485	60,976	54,950	35,049	24,245
Long-Term Debt	31,717	32,442	19,840	3,572	7,951	4,108
Long-Term Leases	1,548	1,269	940.52	1,061	1,234	405.84
Long-Term Unearned Revenue	42.76	3.18	15.02	2.76	13.32	128.17
Long-Term Deferred Tax Liabilities	55.82	34.6	278.97	311.82	29.45	24.9
Other Long-Term Liabilities	2,421	2,458	1,747	1,283	1,100	979.3
Total Liabilities	96,574	91,693	83,797	61,181	45,376	29,892
Common Stock	2,179	2,179	2,174	2,173	2,074	2,068
Additional Paid-In Capital	17,500	17,904	17,893	17,225	11,514	11,161
Retained Earnings	2,259	6,439	11,235	6,719	3,536	2,104
Treasury Stock	-753.66	-659.71	-399.89	-	-	-
Comprehensive Income & Other	742.61	515.7	625.58	223.88	-10.97	-251.85
Total Common Equity	21,928	26,378	31,526	26,340	17,112	15,081
Minority Interest	5,325	5,864	5,023	2,457	1,052	619.6
Shareholders' Equity	27,252	32,242	36,549	28,797	18,164	15,701
Total Liabilities & Equity	123,827	123,935	120,346	89,978	63,540	45,592
Total Debt	50,242	47,492	30,279	18,306	18,189	10,192
Net Cash (Debt)	-27,857	-24,961	-5,896	926.19	-7,069	784.77
Net Cash Per Share	-12.94	-11.53	-2.58	0.43	-3.41	0.41
Filing Date Shares Outstanding	2,161	2,166	2,166	2,173	2,074	2,068
Total Common Shares Outstanding	2,161	2,166	2,166	2,173	2,074	2,068
Working Capital	14,501	16,782	15,502	6,115	6,812	4,071
Book Value Per Share	10.15	12.18	14.56	12.12	8.25	7.29
Tangible Book Value	18,634	23,113	28,329	23,554	16,064	14,272
Tangible Book Value Per Share	8.62	10.67	13.08	10.84	7.75	6.90
Buildings	-	7,572	6,339	3,919	3,734	2,594
Machinery	-	36,236	24,587	14,128	14,598	12,961
Construction In Progress	-	3,138	3,966	4,039	1,165	2,330

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