Trina Solar Ratios and Metrics

Market cap in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 5, 2026	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
Market Capitalization	41,053	38,460	41,819	61,783	138,316	163,167
Market Cap Growth	14.48%	-8.03%	-32.31%	-55.33%	-15.23%	240.82%
Enterprise Value	65,948	71,642	73,642	75,416	140,223	170,238
Last Close Price	17.94	16.55	19.30	27.60	61.01	75.22
PE Ratio	-	-	-	11.18	37.57	90.44
Forward PE	-	-	15.58	7.88	24.85	55.16
PS Ratio	0.59	0.57	0.52	0.55	1.63	3.67
PB Ratio	1.60	1.45	1.30	1.69	4.80	8.98
P/TBV Ratio	2.36	2.12	1.81	2.18	5.87	10.16
P/FCF Ratio	4.94	17.22	-	12.26	122.53	-
P/OCF Ratio	3.47	5.57	5.27	2.57	14.97	148.59
PEG Ratio	-	-	1.70	0.17	-	-
EV/Sales Ratio	0.95	1.07	0.92	0.67	1.65	3.83
EV/EBITDA Ratio	51.51	98.85	25.57	7.02	20.76	50.81
EV/EBIT Ratio	-	-	-	10.00	30.56	81.61
EV/FCF Ratio	7.94	32.08	-	14.97	124.22	-
Debt / Equity Ratio	1.66	1.66	1.48	0.83	0.64	1.00
Debt / EBITDA Ratio	33.21	51.66	16.11	2.81	2.70	5.41
Debt / FCF Ratio	5.12	19.75	-	6.01	16.22	-
Net Debt / Equity Ratio	0.78	0.81	0.78	0.16	-0.03	0.39
Net Debt / EBITDA Ratio	17.38	29.71	8.69	0.55	-0.14	2.11
Net Debt / FCF Ratio	2.41	9.64	-4.69	1.17	-0.82	-1.31
Asset Turnover	0.58	0.56	0.66	1.08	1.11	0.82
Inventory Turnover	2.74	2.71	3.24	4.66	4.71	3.86
Quick Ratio	0.65	0.67	0.78	0.78	0.71	0.72
Current Ratio	1.13	1.20	1.30	1.25	1.11	1.19
Return on Equity (ROE)	-21.39%	-24.06%	-9.72%	18.34%	15.56%	10.93%
Return on Assets (ROA)	-2.62%	-2.79%	-1.36%	4.48%	3.74%	2.39%
Return on Invested Capital (ROIC)	-10.78%	-10.15%	-5.35%	19.70%	15.85%	8.46%
Return on Capital Employed (ROCE)	-9.50%	-9.50%	-3.90%	12.70%	13.10%	7.30%
Earnings Yield	-14.60%	-18.28%	-8.16%	8.95%	2.66%	1.11%
FCF Yield	20.24%	5.81%	-12.78%	8.15%	0.82%	-3.31%
Dividend Yield	-	-	-	2.29%	0.78%	0.31%
Payout Ratio	-	-	-	28.51%	24.44%	48.17%
Buyback Yield / Dilution	-1.93%	0.15%	4.84%	-6.09%	-3.81%	-7.97%
Total Shareholder Return	-1.93%	0.15%	4.84%	-3.79%	-3.02%	-7.66%

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