Trina Solar Hits Day Low of CNY 19.52 Amid Price Pressure

Trina Solar Co., Ltd. experienced a significant decline in its stock performance today, with a drop of 4.77%. The stock reached an intraday low of CNY 19.52, reflecting ongoing challenges within the company. Over the past week, Trina Solar's performance has been notably negative, down 5.69%, contrasting sharply with the China Shanghai Composite, which saw a slight increase of 0.41%. In terms of longer-term performance, Trina Solar has faced difficulties, with a staggering 69.56% decline over the past three years. Despite a modest annual growth rate of 20.43% in net sales over the last five years, the company has reported negative operating profit growth of -256.60%. Additionally, the company has posted negative results for six consecutive quarters, with a net profit of CNY -2,888.55 million. The company's financial metrics indicate a high debt-to-equity ratio of 1.40, which raises concerns about its financial stability. With a market capitalization of CNY 37,739 million, Trina Solar continues to navigate a challenging landscape in the Other Electrical Equipment industry.