Trina Solar closed at 13.53 yuan, marking a decrease of 1.02%. The latest price-to-book ratio stands at 1.04, with a total market capitalization of 29.487 billion yuan as of April 18, 2025. As of April 10, 2025, the number of shareholders of Trina Solar was 45,863, a decrease of 37 compared to the previous report. The average market value of shares held per shareholder is 352,800 yuan, with an average holding of 27,600 shares.
Trina Solar Limited primarily operates in three key sectors: photovoltaic products, photovoltaic systems, and smart energy. The company’s main products include photovoltaic modules, system products, solar power stations, smart microgrids, and multi-energy systems. It is one of the earliest companies in China engaged in the production, research, and sales of photovoltaic battery modules. Over the years, the company has accumulated rich industry experience and built a vast global customer base. It has established a stable and efficient production and supply system worldwide, becoming a leading brand in the research and manufacturing of battery modules.
During the reporting period, the company received several accolades, including the “2023 Solar Energy Cup” for being the most influential photovoltaic EPC enterprise and the most influential photovoltaic operation and maintenance enterprise. It was also recognized as an outstanding photovoltaic intelligent operation and maintenance enterprise in the “2023 Leading China Renewable Energy Top 100” report.
According to the latest performance report, Trina Solar achieved a total operating revenue of 63.147 billion yuan in the third quarter of 2024, representing a year-on-year decline of 22.16%. The net profit was recorded at -846.51 million yuan, a year-on-year decrease of 116.67%, with a gross profit margin of 12.46%.
Here are some key financial metrics for Trina Solar and comparable companies:
| Stock Name | PE (TTM) | PE (Static) | Price-to-Book Ratio | Total Market Value (CNY) |
|---|---|---|---|---|
| Trina Solar | -8.53 | -8.53 | 1.04 | 29.487 billion |
| Topray Solar | -727.38 | 188.33 | 1.04 | 4.352 billion |
| GoodWe | -161.04 | -161.04 | 3.52 | 10.169 billion |
| ST Tianlong | -160.68 | -110.97 | 58.32 | 0.952 billion |
| JA Solar | -152.78 | 4.55 | 1.03 | 32.038 billion |
| Aerospace Electromechanical | -126.77 | -126.77 | 1.86 | 9.021 billion |
| Amarone | -97.68 | 32.37 | 0.87 | 2.703 billion |
| Gaoce Shares | -97.32 | -97.32 | 1.23 | 4.702 billion |
| Siwei Technology | -52.72 | 39.27 | 1.42 | 4.069 billion |
| Mingguan New Materials | -35.75 | -35.75 | 0.88 | 2.448 billion |
| Jiawei New Energy | -34.65 | 171.62 | 1.51 | 2.731 billion |
| Tianyang New Materials | -29.54 | -31.51 | 1.72 | 2.968 billion |
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/trina-solar-closes-down-1-02-with-latest-price-to-book-ratio-at-1-04-and-market-value-of-29-487-billion-yuan/
