Trina Solar (688599) Stock Price, Fundamentals & Analysis
Price
10.89 CNY
-2.77%
Last trade: Sep 24, 2026, 03:00 PM GMT+8
Updated: Sep 27, 2026, 05:39 PM GMT+8
Price history
Over the past year 688599 traded between 10.75 CNY and 23.33 CNY, closing at 10.89 CNY on Sep 24, 2026.
Key statistics
| Market cap | 25.51B CNY |
|---|---|
| Forward P/E | 363 |
| EPS (TTM) | -2.02 CNY |
| Dividend yield | 0% |
| Annual dividend | 0 CNY |
| Ex-dividend date | Jun 20, 2024 |
| Payout ratio | 0% |
| 52-week range | 10.54 – 24.26 |
| 52-week change | -36.5% |
| Beta | 0.69 |
| Price / book | 1.13 |
| Revenue (TTM) | 67.9B CNY |
| Revenue growth (YoY) | -9.4% |
| Gross margin | 4.4% |
| Operating margin | -8.7% |
| Profit margin | -6.5% |
| Return on equity | -16% |
| Debt / equity | 153.4 |
| Volume | 19,897,445 |
| Average volume | 31,440,273 |
| Exchange | Shanghai |
Profile
- Sector
- Technology
- Industry
- Solar
- Employees
- 22,301
- Headquarters
- Changzhou, China
- Website
- trinasolar.com/us
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, photovoltaic brackets, and other products, and inverters. In addition, it offers photovoltaic power generation, photovoltaic power station operation and maintenance, and photovoltaic power station project construction management services, as well as smart solutions for energy storage, smart microgrid, and development and sales of multi-energy systems. The company was founded in 1997 and is headquartered in Changzhou, China.
Overview
What 688599 does
Trina Solar (688599) is a stock listed on the Shanghai Stock Exchange that designs, manufactures, and sells photovoltaic (PV) modules and solar cells. It also offers energy storage products, inverters, mounting structures, and services such as power station construction and maintenance. The company operates across China, Europe, the Americas, Japan, Asia Pacific, the Middle East, and Africa, and was founded in 1997. In the broader Chinese technology landscape, it sits alongside peers such as National Silicon Industry Group (688126), Tongwei Company (600438), and Hygon Information Technology (688041).
Key numbers explained
- 10.89 CNY is the current price per share, the amount you would pay for one unit of ownership right now.
- -2.77% is today's price change, showing the percentage drop relative to the previous close.
- 25.51B CNY is the market capitalisation, the total value of all outstanding shares at the current price.
- The P/E ratio (price-to-earnings) compares the share price to expected earnings; a 363 forward P/E suggests the market is pricing in significant future growth.
- -2.02 CNY is the trailing 12-month earnings per share, indicating the company lost money on a per-share basis over the last year.
- 0% is the dividend yield, meaning Trina Solar does not currently pay a cash dividend to shareholders.
- 0.69 is the beta, a measure of volatility relative to the market; a value below 1 suggests the stock tends to move less than the overall market.
- 10.54 – 24.26 is the 52-week price range, showing the lowest and highest traded prices over the past year.
What to watch
- Industry dynamics in solar technology, including manufacturing costs, trade policies, and global demand for renewable energy.
- The company's revenue growth trajectory, given the -9.4% year-over-year decline in trailing 12-month revenue.
- Profitability trends, as reflected in the -6.5% profit margin and -8.7% operating margin.
- Capital structure, with a debt-to-equity ratio of 153.4%, which indicates the level of debt relative to shareholder equity.
- Broader market factors affecting Chinese technology stocks, such as regulatory changes and investor sentiment.
Latest news & filings
No recent headlines.
Frequently asked questions
Does 688599 pay a dividend?
No. The dividend yield is 0%, and the share of earnings paid out as dividends is 0%, so Trina Solar does not currently distribute cash dividends.
What is the 688599 P/E ratio?
The forward P/E ratio is 363, based on expected earnings. This is a very high figure, which typically means investors are anticipating strong future earnings growth.
Where can I buy 688599?
Trina Solar (688599) trades on the Shanghai Stock Exchange. You would need a broker that provides access to the Chinese mainland stock market.
What does the beta of 0.69 mean for 688599?
A beta of 0.69 suggests the stock is less volatile than the overall market. Historically, it has tended to move about 31% less than the market benchmark in response to market swings.
What is the 52-week price range for 688599?
The lowest price in the last 52 weeks was 10.54 CNY, and the highest was 24.26 CNY. The current price of 10.89 CNY is near the low end of that range.
Is Trina Solar profitable?
Based on the trailing 12-month figures, the company reported a negative profit margin of -6.5% and negative earnings per share of -2.02 CNY, indicating a loss over that period.
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