Trina Solar Co Ltd (SHG:688599) — Market Cap & Net Worth
Market Cap & Net Worth: Trina Solar Co Ltd (688599)
Trina Solar Co Ltd (SHG:688599) has a market capitalization of $4.90 Billion (CN¥33.50 Billion) as of August 7, 2026. Listed on the SHG stock exchange, this China-based company holds position #3633 globally and #510 in its home market, demonstrating a 9.83% 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¥14.30 by its total outstanding shares 2342567686 (2.34 Billion). See Trina Solar Co Ltd capital spending ratio to understand how much of operating cash flow is reinvested back into capital assets.
Trina Solar Co Ltd Market Cap History: 2020 to 2026
Trina Solar Co Ltd's market capitalization history from 2020 to 2026. Data shows change from $7.74 Billion to $4.90 Billion (-2.48% 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
0.08x
Trina Solar Co Ltd's market cap is 0.08 times its annual revenue
Latest 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 | $7.74 Billion | $29.41 Billion | $1.23 Billion | 0.26x | 6.30x |
| 2021 | $26.65 Billion | $44.56 Billion | $1.81 Billion | 0.60x | 14.75x |
| 2022 | $21.61 Billion | $84.50 Billion | $3.66 Billion | 0.26x | 5.91x |
| 2023 | $9.78 Billion | $113.19 Billion | $5.52 Billion | 0.09x | 1.77x |
| 2024 | $6.62 Billion | $80.28 Billion | -$3.44 Billion | 0.08x | N/A |
| 2025 | $5.67 Billion | $67.27 Billion | -$6.99 Billion | 0.08x | N/A |
Competitor Companies of 688599 by Market Capitalization
Companies near Trina Solar Co Ltd in the global market cap rankings as of August 7, 2026.
Key companies related to Trina Solar Co Ltd by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1127 globally with a market cap of $23.63 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1649 globally with a market cap of $14.82 Billion USD.
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #3676 globally with a market cap of $4.80 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2535 globally with a market cap of $8.43 Billion USD ( CN¥57.58 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1127 | First Solar Inc | NASDAQ:FSLR | $23.63 Billion | $236.80 |
| #1649 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $14.82 Billion | $99.81 |
| #3676 | Enphase Energy Inc | NASDAQ:ENPH | $4.80 Billion | $38.95 |
| #2535 | Tongwei Co Ltd | SHG:600438 | $8.43 Billion | CN¥12.79 |
Trina Solar Co Ltd Historical Marketcap From 2020 to 2026
Between 2020 and today, Trina Solar Co Ltd's market cap moved from $7.74 Billion to $ 4.90 Billion, with a yearly change of -2.48%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥4.90 Billion | -13.60% |
| 2025 | CN¥5.67 Billion | -14.25% |
| 2024 | CN¥6.62 Billion | -32.35% |
| 2023 | CN¥9.78 Billion | -54.75% |
| 2022 | CN¥21.61 Billion | -18.90% |
| 2021 | CN¥26.65 Billion | +244.19% |
| 2020 | CN¥7.74 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 6th, 2026 the market cap of Trina Solar Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.90 Billion USD |
| MoneyControl | $4.90 Billion USD |
| MarketWatch | $4.90 Billion USD |
| marketcap.company | $4.90 Billion USD |
| Reuters | $4.90 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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 solar cells. The company also provides solutions, such as solar modules, energy storage products, phot… Read more