Trina Solar Co (SHSE:688599) Research & Development: ¥1,925 Mil (TTM As of Mar. 2026)


SHSE:688599 Trina Solar Co Ltd SHSE:688599
79 GF Score
Price ¥14.12
GF Value ¥17.03
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Trina Solar Co Research & Development?

Trina Solar Co SHSE:688599 +2.69% 79 Research & Development is ¥1,925 Mil as of Mar. 2026. GuruFocus rates SHSE:688599 with a GF Score™ of 79/100 and a GF Value™ of ¥17.03 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Trina Solar Co's Research & Development for the three months ended in Mar. 2026 was ¥499 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,925 Mil.


Trina Solar Co  (SHSE:688599) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Trina Solar Co Research & Development Related Terms


Trina Solar Co Research & Development Historical Data

* Premium members only.

The historical data trend for Trina Solar Co's Research & Development 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 Research & Development Chart

Trina Solar Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 924.82 1,220.85 1,543.37 1,863.45 1,883.81

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
Research & Development 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 457.59 442.50 370.61 613.11 498.97
SHSE:688599
79GF Score
Trina Solar Co Ltd SHSE:688599
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trina Solar Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,925 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ¥1,925 Mil mean?
Trina Solar Co (SHSE:688599) has a Research & Development of ¥1,925 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Trina Solar Co and its competitors.
Is Trina Solar Co's Research & Development too high?
Trina Solar Co's current Research & Development is ¥1,925 Mil. Overall, Trina Solar Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trina Solar Co's Research & Development compare to FSLR and NXT?
Trina Solar Co's Research & Development of ¥1,925 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 Research & Development for a Semiconductors company?
A good Research & Development depends on the Semiconductors industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Trina Solar Co and its competitors. Trina Solar Co's current Research & Development is ¥1,925 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 ¥17.03, compared to a current price of ¥14.12 — trading 17.1% below its estimated fair value. The current Research & Development is ¥1,925 Mil. Trina Solar Co's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Trina Solar Co (SHSE:688599), the current Research & Development is ¥1,925 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 ¥14.12 is trading 17.1% below its estimated GF Value™ of ¥17.03. GuruFocus considers Trina Solar Co to be Modestly Undervalued.

Key valuation signals for SHSE:688599:

  • Research & Development: ¥1,925 Mil
  • GF Value™: ¥17.03 vs. price of ¥14.12 (17.1% below fair value)
  • GF Score™: 79/100 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.
79GF Score

Get the complete analysis for SHSE:688599

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥14.12
Price
¥17.03
GF Value