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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	26,204	24,350	19,143	10,690	9,429	5,827
Short-Term Investments	-	-	-	-	632.93	-
Trading Asset Securities	130.7	28.05	89.37	429.95	914.71	1,734
Cash & Short-Term Investments	26,334	24,378	19,232	11,120	10,977	7,561
Cash Growth	-2.73%	26.75%	72.95%	1.30%	45.17%	56.91%
Accounts Receivable	20,891	21,996	17,392	11,848	6,467	5,929
Other Receivables	1,367	1,305	2,145	2,365	1,652	1,555
Receivables	22,258	23,301	19,537	14,214	8,119	7,484
Inventory	26,413	23,404	18,715	12,754	7,120	5,610
Other Current Assets	6,779	5,377	3,581	3,774	2,100	1,677
Total Current Assets	81,784	76,460	61,065	41,861	28,317	22,332
Property, Plant & Equipment	37,686	27,198	16,419	14,582	12,342	10,794
Long-Term Investments	4,955	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	3,113	3,043	2,632	894.1	649.2	582.46
Long-Term Accounts Receivable	297.62	304.32	195.35	669.12	621.66	343.75
Long-Term Deferred Tax Assets	3,365	2,550	1,875	1,217	1,097	987.34
Long-Term Deferred Charges	253.26	137.47	49.5	42.05	66.51	71.67
Other Long-Term Assets	3,923	4,632	2,981	1,657	1,721	389.31
Total Assets	135,531	120,312	89,978	63,540	45,592	36,283
Accounts Payable	35,745	39,644	30,114	18,708	15,031	9,177
Accrued Expenses	759.64	4,363	3,048	2,266	1,478	890.09
Short-Term Debt	9,206	6,455	9,718	6,647	5,068	6,041
Current Portion of Long-Term Debt	6,594	2,148	3,144	1,639	388.61	664.75
Current Portion of Leases	-	896.57	809.97	718.23	221.83	150.58
Current Income Taxes Payable	763.49	474.05	490.84	469.72	386.48	327.71
Current Unearned Revenue	3,369	3,014	4,967	2,042	1,120	-
Other Current Liabilities	5,647	3,953	2,657	2,558	551.44	2,256
Total Current Liabilities	62,085	60,947	54,950	35,049	24,245	19,507
Long-Term Debt	34,723	19,840	3,572	7,951	4,108	2,604
Long-Term Leases	2,190	940.52	1,061	1,234	405.84	441
Long-Term Unearned Revenue	5.54	15.02	2.76	13.32	128.17	69.88
Long-Term Deferred Tax Liabilities	109.47	278.97	311.82	29.45	24.9	18.43
Other Long-Term Liabilities	1,952	1,747	1,283	1,100	979.3	943.75
Total Liabilities	101,066	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	17,937	17,879	17,225	11,514	11,161	9,232
Retained Earnings	9,044	11,244	6,719	3,536	2,104	1,088
Treasury Stock	-649.73	-399.89	-	-	-	-
Comprehensive Income & Other	510.09	625.58	223.88	-10.97	-251.85	-121.69
Total Common Equity	29,021	31,522	26,340	17,112	15,081	11,956
Minority Interest	5,444	5,023	2,457	1,052	619.6	742.12
Shareholders' Equity	34,465	36,544	28,797	18,164	15,701	12,698
Total Liabilities & Equity	135,531	120,312	89,978	63,540	45,592	36,283
Total Debt	52,714	30,279	18,306	18,189	10,192	9,901
Net Cash (Debt)	-26,379	-5,902	926.19	-7,069	784.77	-2,340
Net Cash Per Share	-12.16	-2.58	0.43	-3.41	0.41	-1.31
Filing Date Shares Outstanding	2,167	2,166	2,173	2,074	2,068	2,068
Total Common Shares Outstanding	2,167	2,166	2,173	2,074	2,068	1,758
Working Capital	19,699	15,513	6,115	6,812	4,071	2,825
Book Value Per Share	13.39	14.55	12.12	8.25	7.29	6.80
Tangible Book Value	25,754	28,324	23,554	16,064	14,272	11,221
Tangible Book Value Per Share	11.89	13.08	10.84	7.75	6.90	6.38
Buildings	-	6,339	3,919	3,734	2,594	2,278
Machinery	-	24,587	14,128	14,598	12,961	12,622
Construction In Progress	-	3,966	4,039	1,165	2,330	842.54

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