TRINA(SH:688599) Xin Lang Cai Jing·2025-12-18 06:57Core Viewpoint - Trina Solar's stock has experienced a decline of 15.39% year-to-date, with a recent drop of 2.04% on December 18, 2023, reflecting ongoing challenges in the solar energy market [1][2]. Company Overview - Trina Solar, established on December 26, 1997, and listed on June 10, 2020, is located in Changzhou, Jiangsu Province. The company operates in three main business segments: photovoltaic products, photovoltaic systems, and smart energy [2]. - The revenue composition of Trina Solar includes photovoltaic products (64.66%), system solutions (21.23%), other services (5.54%), digital energy services (4.42%), and storage business (4.14%) [2]. Financial Performance - As of November 10, 2023, Trina Solar reported a total revenue of 49.97 billion yuan for the first nine months of 2025, a year-on-year decrease of 20.87%. The net profit attributable to shareholders was -4.20 billion yuan, reflecting a significant decline of 396.22% [3]. - The company has distributed a total of 3.49 billion yuan in dividends since its A-share listing, with 2.41 billion yuan distributed over the past three years [4]. Shareholder Information - As of November 10, 2023, Trina Solar had 54,800 shareholders, an increase of 16.75% from the previous period. The average number of tradable shares per shareholder decreased by 14.35% to 39,803 shares [3]. - Major shareholders include Hong Kong Central Clearing Limited, holding 130 million shares, and various ETFs, which have seen reductions in their holdings [4].