Trina Solar Co Ltd Class A
688599: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.@K | LOCK|HM& | LOCK|&>P!d#@ |
Trina Remained Under Pressure from Industry Oversupply
Business Strategy and Outlook
Trina Solar is one of the four largest Chinese solar module producers. Like its competitors, Trina embraced a vertically integrated model covering wafer, cell, and module production. However, it maintains the lowest level of vertical integration among its leading competitors. By maintaining a smaller solar wafer capacity, Trina retains the flexibility to manage volatile input costs while staying asset-light compared with its fully integrated peers.
