Trina Solar’s Q4 Results Driven By Expanding Shipments & Margins

March 4th, 2016 by Trefis Team
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TSL: Trina Solar logo
TSL
Trina Solar

Trina Solar (NYSE:TSL), the worlds largest solar panel manufacturer, posted a strong set of Q4 2015 numbers, driven by record panel shipments, growing downstream revenues and falling manufacturing costs. The company’s outlook for 2016 is also strong, with shipments to customers projected to grow by as much as 25% year-over-year to about 6.1 GW. Here’s a quick overview of the metrics that mattered in the company’s earnings release.

TSL_Q4_1

TSL_Q42

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Trina Solar