ScoreWhy is Trina Solar Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 5.57%
- The company has been able to generate a Return on Capital Employed (avg) of 5.57% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 16.45% and Operating profit at -236.67% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 10.30% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 16.45% and Operating profit at -236.67% over the last 5 years
4
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -32.81%, its profits have fallen by -44.4%
- At the current price, the company has a high dividend yield of 0
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -32.81% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Electrical Equipment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Trina Solar Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Trina Solar Co., Ltd.
-31.82%
-0.84
53.46%
China Shanghai Composite
3.23%
0.23
14.72%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.45%
EBIT Growth (5y)
-236.67%
EBIT to Interest (avg)
0.78
Debt to EBITDA (avg)
4.19
Net Debt to Equity (avg)
1.34
Sales to Capital Employed (avg)
1.05
Tax Ratio
16.08%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.15%
ROE (avg)
10.30%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.55
EV to EBIT
-8.16
EV to EBITDA
-28.70
EV to Capital Employed
1.27
EV to Sales
0.78
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-15.54%
ROE (Latest)
-35.67%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Bearish
Bearish
OBV
No Trend
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend12What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -150% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 113.16 %
OPERATING PROFIT(Q)
Highest at CNY 579.38 MM
OPERATING PROFIT MARGIN(Q)
Highest at 3.82 %
PRE-TAX PROFIT(Q)
Highest at CNY -584.66 MM
NET PROFIT(Q)
Highest at CNY -700.8 MM
EPS(Q)
Highest at CNY 0.01
-4What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 10,151.29 MM
NET SALES(Q)
Lowest at CNY 15,155.76 MM
Here's what is working for Trina Solar Co., Ltd.
Operating Profit
Highest at CNY 579.38 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Operating Profit Margin
Highest at 3.82 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at CNY -584.66 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Pre-Tax Profit
At CNY -584.66 MM has Grown at 62.77%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY -700.8 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Net Profit
At CNY -700.8 MM has Grown at 56.13%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.01
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Debt-Equity Ratio
Lowest at 113.16 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -150% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
At CNY 1,454.52 MM has Grown at inf%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (CNY MM)
Here's what is not working for Trina Solar Co., Ltd.
Operating Cash Flow
Lowest at CNY 10,151.29 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Net Sales
Lowest at CNY 15,155.76 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Non Operating Income
Highest at CNY 1.43 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income
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