Earnings Alerts

Trina Solar (688599) Earnings Drop: FY Net Loss of 3.44B Yuan vs. 5.53B Yuan Profit Y/Y

  • Trina Solar reported a net loss of 3.44 billion yuan for the fiscal year ending, compared to a profit of 5.53 billion yuan in the previous year.
  • Revenue for the company dropped to 80.3 billion yuan, marking a 29% decrease from last year.
  • The company reported a loss per share of 1.59 yuan, while last year it had earnings of 2.42 yuan per share.
  • Research and development expenses increased by 20% to 1.85 billion yuan.
  • Market sentiment remains optimistic, with 13 buy ratings and only 3 sell ratings, and no hold ratings.
  • Comparisons are based on figures from the company’s original reports.

A look at Trina Solar Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
Resilience2
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Trina Solar, a leading photovoltaic smart energy solution provider, is poised for a bright future according to Smartkarma Smart Scores. With top scores in both Value and Dividend, the company shows strong fundamentals and investor-friendly policies. However, there is room for improvement in Growth and Resilience scores, suggesting potential challenges ahead. Nevertheless, Trina Solar’s impressive Momentum score indicates positive market sentiment and performance. As the company continues to expand its global presence, investors may find Trina Solar an attractive long-term investment option.

Trina Solar Co., Ltd. is a major player in the solar energy industry, offering a comprehensive range of photovoltaic products worldwide. The company’s focus on solar photovoltaic power plant equipment, silicon-based components, and other related products positions it well in the growing renewable energy sector. With strong scores in Value, Dividend, and Momentum, Trina Solar demonstrates financial stability and market appeal. However, the lower scores in Growth and Resilience signal areas that may need attention for sustained success. Overall, Trina Solar’s strategic position in the market and commitment to innovation make it a compelling choice for investors looking towards the future of solar energy solutions.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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