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Trina Solar Co (SHSE:688599) EBIT : ¥1,070 Mil (TTM As of Sep. 2024)


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What is Trina Solar Co EBIT?

Trina Solar Co's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ¥-998 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,070 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trina Solar Co's annualized ROC % for the quarter that ended in Sep. 2024 was -0.81%. Trina Solar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -9.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trina Solar Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.39%.


Trina Solar Co EBIT Historical Data

The historical data trend for Trina Solar Co's EBIT 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.

* Premium members only.

Trina Solar Co EBIT Chart

Trina Solar Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 1,313.09 1,836.18 2,809.06 4,630.24 7,824.26

Trina Solar Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT 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 2,299.94 604.40 875.02 588.65 -998.02

Competitive Comparison of Trina Solar Co's EBIT

For the Solar subindustry, Trina Solar Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trina Solar Co's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Trina Solar Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Trina Solar Co's EV-to-EBIT falls into.



Trina Solar Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,070 Mil.

* 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  (SHSE:688599) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Trina Solar Co's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-677.124 * ( 1 - 11.27% )/( (74485.437 + 73978.693)/ 2 )
=-600.8121252/74232.065
=-0.81 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=140730.114 - 47389.582 - ( 23972.574 - max(0, 67452.973 - 86308.068+23972.574))
=74485.437

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=135530.598 - 41852.6 - ( 26334.494 - max(0, 62085.063 - 81784.368+26334.494))
=73978.693

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Trina Solar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3992.084/( ( (38880.123 + max(3928.92, 0)) + (37685.666 + max(3917.605, 0)) )/ 2 )
=-3992.084/( ( 42809.043 + 41603.271 )/ 2 )
=-3992.084/42206.157
=-9.46 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19146.338 + 30001.746 + 7085.037) - (47389.582 + 0 + 4914.619)
=3928.92

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16991.353 + 26413.144 + 6798.015) - (41852.6 + 0 + 4432.307)
=3917.605

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Trina Solar Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1070.054/76820.402
=1.39 %

* 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 EBIT Related Terms

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Trina Solar Co Business Description

Traded in Other Exchanges
Address
No.2 Tianhe Road, Trina PV Industrial Park, Xinbei District, Jiangsu, CHN, 213031
Trina Solar Co Ltd is engaged in manufacturing photovoltaic products, photovoltaic systems and smart energy. The photovoltaic products business includes research and development, manufacture and sales of monocrystalline silicon-based photovoltaic modules; the photovoltaic systems business includes power station business and construction and management of photovoltaic power station projects, among others; smart energy business includes photovoltaic power generation, operation, and management of the photovoltaic power station, research and sales of the smart microgrid and multi-energy systems, and operation of the energy cloud platform, among others.
Executives
Sun Kai Core technical personnel
Zhang Ying Bin Core technical personnel
Wu Sen senior management
Gao Ji Qing Directors, senior managers
Wu Qun senior management
Feng Zhi Core technical personnel
Quan Peng Core technical personnel
Chen Yi Feng Senior management, core technical personnel
Zhang Shu Core technical personnel
Cao Bo Directors, senior managers
Fang Bin Core technical personnel
Gao Ji Fan Director

Trina Solar Co Headlines

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