Trina Solar Co (SHSE:688599) Construction In Progress: ¥771 Mil (As of Mar. 2026)


SHSE:688599 Trina Solar Co Ltd SHSE:688599
77 GF Score
Price ¥13.88
GF Value ¥17.07
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Trina Solar Co Construction In Progress?

Trina Solar Co SHSE:688599 -3.00% 77 Construction In Progress is ¥771 Mil as of Mar. 2026. GuruFocus rates SHSE:688599 with a GF Score™ of 77/100 and a GF Value™ of ¥17.07 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Trina Solar Co's quarterly construction in progress declined from Sep. 2025 (¥2,132 Mil) to Dec. 2025 (¥365 Mil) but then increased from Dec. 2025 (¥365 Mil) to Mar. 2026 (¥771 Mil).

Trina Solar Co's annual construction in progress declined from Dec. 2023 (¥3,966 Mil) to Dec. 2024 (¥3,138 Mil) and declined from Dec. 2024 (¥3,138 Mil) to Dec. 2025 (¥365 Mil).

Trina Solar Co Construction In Progress Historical Data

* Premium members only.

The historical data trend for Trina Solar Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trina Solar Co Construction In Progress Chart

Trina Solar Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,165.29 4,039.45 3,966.34 3,138.05 364.91

Trina Solar Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,900.93 2,239.01 2,131.63 364.91 770.77
SHSE:688599
77GF Score
Trina Solar Co Ltd SHSE:688599
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trina Solar Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ¥771 Mil mean?
Trina Solar Co (SHSE:688599) has a Construction In Progress of ¥771 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Trina Solar Co and its competitors.
Is Trina Solar Co's Construction In Progress too high?
Trina Solar Co's current Construction In Progress is ¥771 Mil. Overall, Trina Solar Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trina Solar Co's Construction In Progress compare to FSLR and NXT?
Trina Solar Co's Construction In Progress of ¥771 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Semiconductors company?
A good Construction In Progress depends on the Semiconductors industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Trina Solar Co and its competitors. Trina Solar Co's current Construction In Progress is ¥771 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trina Solar Co stock overvalued right now?
Based on GuruFocus' analysis, Trina Solar Co (SHSE:688599) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.07, compared to a current price of ¥13.88 — trading 18.7% below its estimated fair value. The current Construction In Progress is ¥771 Mil. Trina Solar Co's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Trina Solar Co (SHSE:688599), the current Construction In Progress is ¥771 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trina Solar Co (SHSE:688599) Overvalued in 2026?

Based on GuruFocus' analysis, Trina Solar Co stock appears to be undervalued. The current stock price of ¥13.88 is trading 18.7% below its estimated GF Value™ of ¥17.07. GuruFocus considers Trina Solar Co to be Modestly Undervalued.

Key valuation signals for SHSE:688599:

  • Construction In Progress: ¥771 Mil
  • GF Value™: ¥17.07 vs. price of ¥13.88 (18.7% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Trina Solar Co Business Description

Address No. 2, Tianhe Road, Trina Photovoltaic Industrial Park, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031
Trina Solar is one of the top four Chinese solar module producers. Trina's products are available in over 170 countries and regions. The company operates a vertically integrated production process, spanning solar wafers, cells, and modules.
77GF Score

Get the complete analysis for SHSE:688599

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥13.88
Price
¥17.07
GF Value