Trina Solar Co Ltd
Trina Solar Co., Ltd. engages in the research and development, production, and sales of photovoltaic (PV) modules in China, Europe, North and Latin America, the United States, Japan, the Asia Pacific, the Middle East, and Africa. It offers silicon photovoltaic modules and monocrystalline silicon cell. The company also provides solutions, such as solar modules, inverters, and battery storage. In a… Read more
Market Cap & Net Worth: Trina Solar Co Ltd (688599)
Trina Solar Co Ltd (SHG:688599) has a market capitalization of $6.09 Billion (CN¥44.65 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #3992 globally and #368 in its home market, demonstrating a 7.87% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Trina Solar Co Ltd's stock price CN¥19.06 by its total outstanding shares 2342567686 (2.34 Billion).
Trina Solar Co Ltd Market Cap History: 2020 to 2026
Trina Solar Co Ltd's market capitalization history from 2020 to 2026. Data shows growth from $7.21 Billion to $6.09 Billion (2.33% CAGR).
Trina Solar Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Trina Solar Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.56x
Trina Solar Co Ltd's market cap is 0.56 times its annual revenue
0.20x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2020 | $7.21 Billion | $4.51 Billion | $188.31 Million | 1.60x | 38.30x |
| 2021 | $24.82 Billion | $7.00 Billion | $283.91 Million | 3.55x | 87.43x |
| 2022 | $20.13 Billion | $12.33 Billion | $533.74 Million | 1.63x | 37.72x |
| 2023 | $9.11 Billion | $15.98 Billion | $778.68 Million | 0.57x | 11.70x |
| 2024 | $6.16 Billion | $11.00 Billion | -$471.74 Million | 0.56x | N/A |
Competitor Companies of 688599 by Market Capitalization
Companies near Trina Solar Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Trina Solar Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #957 globally with a market cap of $20.32 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1122 globally with a market cap of $17.18 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2454 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #2639 globally with a market cap of $5.36 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #957 | First Solar Inc | NASDAQ:FSLR | $20.32 Billion | $200.42 |
| #1122 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.18 Billion | $121.84 |
| #2454 | Tongwei Co Ltd | SHG:600438 | $5.96 Billion | CN¥19.32 |
| #2639 | Enphase Energy Inc | NASDAQ:ENPH | $5.36 Billion | $44.70 |
Trina Solar Co Ltd Historical Marketcap From 2020 to 2026
Between 2020 and today, Trina Solar Co Ltd's market cap moved from $7.21 Billion to $ 6.09 Billion, with a yearly change of 2.33%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥6.09 Billion | +15.17% |
| 2025 | CN¥5.28 Billion | -14.25% |
| 2024 | CN¥6.16 Billion | -32.35% |
| 2023 | CN¥9.11 Billion | -54.75% |
| 2022 | CN¥20.13 Billion | -18.90% |
| 2021 | CN¥24.82 Billion | +244.19% |
| 2020 | CN¥7.21 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Trina Solar Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.09 Billion USD |
| MoneyControl | $6.09 Billion USD |
| MarketWatch | $6.09 Billion USD |
| marketcap.company | $6.09 Billion USD |
| Reuters | $6.09 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.