trina solar ltd-spon adr (TR3:Frankfurt)
trina solar ltd-spon adr (TR3) Snapshot
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Open
€4.68
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Previous Close
€4.65
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Day High
€5.00
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Day Low
€4.68
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52 Week High
05/21/13 - €6.35
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52 Week Low
11/21/12 - €1.61
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Market Cap
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Average Volume 10 Days
44.2K
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Shares Outstanding
0.0
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trina solar ltd-spon adr (TR3) Latest News
trina solar ltd-spon adr (TR3) Related Businessweek News
No Related Businessweek News Foundtrina solar ltd-spon adr (TR3) Details
Trina Solar Limited, an integrated solar-power products manufacturer, engages in the design, development, manufacture, and sale of photovoltaic (PV) modules worldwide. The company provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. It offers monocrystalline PV modules ranging from 185 watts (W) to 210 W in power output; and multicrystalline PV modules ranging from 230 W to 310 W in power output for use in a range of residential, commercial, industrial, and other solar power generation systems. The company also designs and produces various PV modules, such as colored modules for architectural applications and larger sized modules for utility grid applications. It sells its products primarily to power plant developers and operators, distributors, wholesalers, and PV system integrators. Trina Solar Limited was founded in 1997 and is headquartered in Changzhou, the People’s Republic of China.
trina solar ltd-spon adr (TR3) Key Developments
Trina Solar Limited provided earnings guidance for the first quarter ended March 31, 2013. For the quarter, the company estimates its solar module shipments in the first quarter of 2013 to be between 390 MW to 400 MW, compared to the company's previous guidance of 420 MW to 430 MW. Additionally, for the first quarter of 2013, the company estimates that overall gross margin to be between 1.0% to 3.0%, in-line with the company's previous guidance of low single digits in percentage terms.
Trina Solar Limited Presents at Sixth Annual Solar Summit, Apr-24-2013 10:45 AM. Venue: The Wigwam Resort, 300 East Wigwam Boulevard, Litchfield Park, AZ 85340, United States. Speakers: Nico Johnson, Business Manager, Latin America and Caribbean.
Trina Solar Limited announced a new frame design across its full range of 72-cell monocrystalline and 60-cell polycrystalline modules. The frame thickness has been reduced from 40mm to 35mm, with products becoming immediately available. The thinner frame profile delivers a 5% reduction in weight, making modules substantially easier to handle and reducing the time needed to complete projects. Trina Solar's 72-cell monocrystalline modules now weigh only 14.9 Kg, down from 15.6 Kg, and 60-cell polycrystalline modules now weigh 18.6 Kg, down from 19.5 Kg. Furthermore, this slimmer profile enables an 18% improvement in shipping container efficiencies, with associated reductions in the carbon footprint and transport costs. Modules with the new thinner frames feature enhanced rigidity and torsional strength. By optimizing the heat treatment process and the aluminum alloy, and introducing an automated corner-key production process, Trina Solar is able to deliver a thinner frame without compromising the mounting flexibility or overall strength of the system. Modules with the new frames meet both IEC and UL requirements for static mechanical load pressure, such as snow loads of 5,400Pa or 550Kg/m(2).
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Industry Analysis
TR3
Industry Average
| Valuation | TR3 | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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