Trina Solar Co Ltd (688599) - Total Assets
Based on the latest financial reports, Trina Solar Co Ltd (688599) holds total assets worth CN¥123.83 Billion CNY (≈ $18.12 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See what is Trina Solar Co Ltd's book value for net asset value and shareholders' equity analysis.
Trina Solar Co Ltd - Total Assets Trend (2007–2024)
This chart illustrates how Trina Solar Co Ltd's total assets have evolved over time, based on quarterly financial data.
Trina Solar Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Trina Solar Co Ltd's total assets of CN¥123.83 Billion consist of 58.3% current assets and 41.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 18.2% |
| Accounts Receivable | CN¥20.46 Billion | 16.5% |
| Inventory | CN¥22.34 Billion | 18.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥3.11 Billion | 2.5% |
| Goodwill | CN¥154.30 Million | 0.1% |
Asset Composition Trend (2007–2024)
This chart illustrates how Trina Solar Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Trina Solar Co Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Trina Solar Co Ltd's current assets represent 58.3% of total assets in 2024, an increase from 57.0% in 2007.
- Cash Position: Cash and equivalents constituted 18.2% of total assets in 2024, up from 9.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 18.0% of total assets.
Trina Solar Co Ltd Competitors by Total Assets
Key competitors of Trina Solar Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gigasolar Materials
TWO:3691
|
Taiwan | NT$12.14 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
Complete Solaria, Inc. Common Stock
NASDAQ:CSLR
|
USA | $163.14 Million |
|
SolTech Energy Sweden AB
ST:SOLT
|
Sweden | Skr2.08 Billion |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clear Blue Technologies International Inc
V:CBLU
|
Canada | CA$5.95 Million |
|
Solar Alliance Energy Inc
V:SOLR
|
Canada | CA$866.77K |
Trina Solar Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.24 | 1.32 | 1.17 |
| Quick Ratio | 0.80 | 0.89 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥14.50 Billion | CN¥19.70 Billion | CN¥4.07 Billion |
Trina Solar Co Ltd - Advanced Valuation Insights
This section examines the relationship between Trina Solar Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.11 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 3.0% |
| Total Assets | CN¥123.93 Billion |
| Market Capitalization | $5.95 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Trina Solar Co Ltd's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Trina Solar Co Ltd's assets grew by 3.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Trina Solar Co Ltd (2007–2024)
The table below shows the annual total assets of Trina Solar Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥123.93 Billion ≈ $18.14 Billion |
+3.01% |
| 2023-12-31 | CN¥120.31 Billion ≈ $17.61 Billion |
+33.72% |
| 2022-12-31 | CN¥89.98 Billion ≈ $13.17 Billion |
+41.61% |
| 2021-12-31 | CN¥63.54 Billion ≈ $9.30 Billion |
+39.36% |
| 2020-12-31 | CN¥45.59 Billion ≈ $6.67 Billion |
+24.94% |
| 2019-12-31 | CN¥36.49 Billion ≈ $5.34 Billion |
+23.25% |
| 2018-12-31 | CN¥29.61 Billion ≈ $4.33 Billion |
-19.86% |
| 2017-12-31 | CN¥36.94 Billion ≈ $5.41 Billion |
-0.77% |
| 2016-12-31 | CN¥37.23 Billion ≈ $5.45 Billion |
+693.18% |
| 2015-12-31 | CN¥4.69 Billion ≈ $686.87 Million |
+46.71% |
| 2014-12-31 | CN¥3.20 Billion ≈ $468.20 Million |
+24.63% |
| 2013-12-31 | CN¥2.57 Billion ≈ $375.67 Million |
-10.39% |
| 2012-12-31 | CN¥2.86 Billion ≈ $419.22 Million |
-0.44% |
| 2011-12-31 | CN¥2.88 Billion ≈ $421.06 Million |
+34.96% |
| 2010-12-31 | CN¥2.13 Billion ≈ $311.99 Million |
+37.67% |
| 2009-12-31 | CN¥1.55 Billion ≈ $226.62 Million |
+64.73% |
| 2008-12-31 | CN¥940.12 Million ≈ $137.57 Million |
+56.51% |
| 2007-12-31 | CN¥600.67 Million ≈ $87.90 Million |
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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 cell. The company also provides solutions, such as solar modules, inverters, and battery storage. In a… Read more