Trina Solar Co., Ltd. (SHA: 688599)

Trina Solar Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	23,943	24,350	19,143	10,690	9,429	5,827
Short-Term Investments	-	-	-	-	632.93	-
Trading Asset Securities	29.7	28.05	89.37	429.95	914.71	1,734
Cash & Short-Term Investments	23,973	24,378	19,232	11,120	10,977	7,561
Cash Growth	-4.71%	26.75%	72.95%	1.30%	45.17%	56.91%
Accounts Receivable	23,869	21,996	17,392	11,848	6,467	5,929
Other Receivables	1,401	1,305	2,145	2,365	1,652	1,555
Receivables	25,270	23,301	19,537	14,214	8,119	7,484
Inventory	30,002	23,404	18,715	12,754	7,120	5,610
Other Current Assets	7,064	5,377	3,581	3,774	2,100	1,677
Total Current Assets	86,308	76,460	61,065	41,861	28,317	22,332
Property, Plant & Equipment	38,880	27,198	16,419	14,582	12,342	10,794
Long-Term Investments	5,887	5,834	4,607	2,464	617.08	629.56
Goodwill	154.3	154.3	154.3	154.3	160.39	152.89
Other Intangible Assets	3,197	3,043	2,632	894.1	649.2	582.46
Long-Term Accounts Receivable	302.95	304.32	195.35	669.12	621.66	343.75
Long-Term Deferred Tax Assets	3,357	2,550	1,875	1,217	1,097	987.34
Long-Term Deferred Charges	179.77	137.47	49.5	42.05	66.51	71.67
Other Long-Term Assets	2,464	4,632	2,981	1,657	1,721	389.31
Total Assets	140,730	120,312	89,978	63,540	45,592	36,283
Accounts Payable	40,881	39,644	30,114	18,708	15,031	9,177
Accrued Expenses	3,693	4,363	3,048	2,266	1,478	890.09
Short-Term Debt	9,962	6,455	9,718	6,647	5,068	6,041
Current Portion of Long-Term Debt	4,256	2,148	3,144	1,639	388.61	664.75
Current Portion of Leases	930.4	896.57	809.97	718.23	221.83	150.58
Current Income Taxes Payable	687.66	474.05	490.84	469.72	386.48	327.71
Current Unearned Revenue	3,462	3,014	4,967	2,042	1,120	-
Other Current Liabilities	3,581	3,953	2,657	2,558	551.44	2,256
Total Current Liabilities	67,453	60,947	54,950	35,049	24,245	19,507
Long-Term Debt	32,620	19,840	3,572	7,951	4,108	2,604
Long-Term Leases	2,348	940.52	1,061	1,234	405.84	441
Long-Term Unearned Revenue	85.83	15.02	2.76	13.32	128.17	69.88
Long-Term Deferred Tax Liabilities	260.35	278.97	311.82	29.45	24.9	18.43
Other Long-Term Liabilities	1,856	1,747	1,283	1,100	979.3	943.75
Total Liabilities	104,623	83,768	61,181	45,376	29,892	23,585
Common Stock	2,179	2,174	2,173	2,074	2,068	1,758
Additional Paid-In Capital	17,928	17,879	17,225	11,514	11,161	9,232
Retained Earnings	10,417	11,244	6,719	3,536	2,104	1,088
Treasury Stock	-444.13	-399.89	-	-	-	-
Comprensive Income & Other	616.53	625.58	223.88	-10.97	-251.85	-121.69
Total Common Equity	30,696	31,522	26,340	17,112	15,081	11,956
Minority Interest	5,411	5,023	2,457	1,052	619.6	742.12
Shareholders' Equity	36,107	36,544	28,797	18,164	15,701	12,698
Total Liabilities & Equity	140,730	120,312	89,978	63,540	45,592	36,283
Total Debt	50,117	30,279	18,306	18,189	10,192	9,901
Net Cash (Debt)	-26,144	-5,902	926.19	-7,069	784.77	-2,340
Net Cash Per Share	-11.29	-2.58	0.43	-3.41	0.41	-1.31
Filing Date Shares Outstanding	2,236	2,166	2,173	2,074	2,068	2,068
Total Common Shares Outstanding	2,236	2,166	2,173	2,074	2,068	1,758
Working Capital	18,855	15,513	6,115	6,812	4,071	2,825
Book Value Per Share	13.73	14.55	12.12	8.25	7.29	6.80
Tangible Book Value	27,345	28,324	23,554	16,064	14,272	11,221
Tangible Book Value Per Share	12.23	13.08	10.84	7.75	6.90	6.38
Buildings	6,949	6,339	3,919	3,734	2,594	2,278
Machinery	31,369	24,587	14,128	14,598	12,961	12,622
Construction In Progress	8,428	3,966	4,039	1,165	2,330	842.54

Source: S&P Capital IQ. Standard template. Financial Sources.