Valuation Trina Solar Co., Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 2025-01-10			5-day change	1st Jan Change
17.35 ^CNY	-3.29%		-7.02%	-10.10%

Jan. 07	Trina Solar Achieves World Record for Solar Conversion Efficiency	MT
Jan. 03	Tranche Update on Trina Solar Co., Ltd.'s Equity Buyback Plan announced on June 25, 2024.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	47,875	163,167	138,316	61,783	37,594	37,594	-
Change	-	240.82%	-15.23%	-55.33%	-39.15%	0%	-
Enterprise Value (EV) ¹	47,875	169,433	136,418	66,772	51,106	49,579	47,984
Change	-	253.91%	-19.49%	-51.05%	-23.46%	-2.99%	-3.22%
P/E ratio	36.2x	86.7x	36.9x	11.8x	47.4x	9.99x	8.5x
PBR	-	9.56x	5.26x	2.01x	1.25x	1.15x	1.05x
PEG	0.5x	2.1x	0.4x	0.3x	-0.6x	0x	0.5x
Capitalization / Revenue	1.63x	3.67x	1.62x	0.54x	0.43x	0.35x	0.31x
EV / Revenue	1.63x	3.81x	1.6x	0.59x	0.59x	0.46x	0.39x
EV / EBITDA	-	47.9x	21.7x	6.55x	8.69x	5.57x	4.18x
EV / EBIT	33.4x	71.6x	32.1x	9.6x	23.2x	13.1x	8.58x
EV / FCF	-	-31.8x	117x	12.8x	-4.47x	31.7x	21.2x
FCF Yield	-	-3.15%	0.85%	7.8%	-22.4%	3.15%	4.72%
Dividend per Share ²	-	0.23	0.478	0.633	-	0.166	0.4
Rate of return	-	0.29%	0.75%	2.22%	-	0.96%	2.31%
EPS ²	0.64	0.91	1.73	2.42	0.366	1.737	2.04
Distribution rate	-	25.3%	27.6%	26.2%	-	9.56%	19.6%
Net sales ¹	29,418	44,490	85,248	113,392	87,124	108,628	122,838
EBITDA ¹	-	3,540	6,273	10,199	5,879	8,907	11,490
EBIT ¹	1,433	2,367	4,250	6,955	2,204	3,771	5,590
Net income ¹	1,229	1,876	3,711	5,531	819	4,252	4,938
Net Debt ¹	-	6,265	-1,898	4,989	13,512	11,985	10,390
Reference price ²	23.15	78.90	63.76	28.53	17.35	17.35	17.35
Nbr of stocks (in thousands)	2,068,026	2,068,026	2,169,325	2,165,534	2,166,794	2,166,794	-
Announcement Date	2/24/21	2/22/22	2/23/23	2/23/24	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio (Y)	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
TRINA SOLAR CO., LTD.	47.4x	0.59x	8.69x	-.--%	5.13B
SIEMENS ENERGY AG	61.68x	0.98x	13.42x	+0.13%	40.03B
SUNGROW POWER SUPPLY CO., LTD.	13.21x	1.63x	9.55x	+1.07%	19.96B
MING YANG SMART ENERGY GROUP LIMITED	17.84x	0.86x	11.4x	+2.05%	3.1B
SHENZHEN HOPEWIND ELECTRIC CO., LTD.	29.43x	-	-	+0.80%	1.81B
GOODWE TECHNOLOGIES CO., LTD.	26.42x	-	-	+0.84%	1.26B
ARRAY TECHNOLOGIES, INC.	-6.94x	1.43x	7.33x	-.--%	977M
ENEFIT GREEN	11.49x	7.22x	12.99x	+3.84%	739M
SHINFOX ENERGY CO., LTD.	32.51x	1.99x	21.41x	+1.36%	713M
Average	25.89x	2.10x	12.11x	+1.12%	8.19B
Weighted average by Cap.	42.63x	1.21x	11.89x	+0.53%