China Net Finance, February 23 (Reporter Liu Xiaofei) Trina Solar released a performance report yesterday evening, saying that the company will achieve an operating income of 1135 in 2023100 million yuan, a year-on-year increase of 3346%；Net profit attributable to owners of the parent company 556.1 billion yuan, a year-on-year increase of 5112%。
It is worth mentioning that Trina Solar's operating income and net profit attributable to the parent company in the first three quarters of 2023 were 8111.9 billion and 507.7 billion yuan, based on this calculation, the company's Q4 revenue and net profit attributable to the parent company were 3239.1 billion yuan and 48.4 billion yuan, a month-on-month increase of 206% and -685%。
This is the first time that Trina Solar's annual revenue has exceeded 100 billion yuan. As for the reasons for the rapid growth of performance, Trina Solar's announcement mentioned that benefiting from the significant increase in N-type advanced production capacity, the sales proportion of TOPCon module products has increased significantly; The sales of high-power 210 series photovoltaic products have increased significantly and have been recognized by the market; The gradual release of self-produced n-type wafer production capacity will further reduce the overall cost of the company's module products.
According to the data, Trina Solar currently has three major businesses: photovoltaic products, photovoltaic systems and smart energy. Since 2023, Trina Solar has continued to expand its production capacity, such as announcing in April that it would invest 5 billion yuan to build a new generation of high-efficiency batteries with an annual output of 10GW in Huai'an; In May, it announced that it plans to invest about 8.7 billion yuan to invest in the construction of 25GW monocrystalline rods and supporting projects in Shifang, Sichuan; In July, the company announced the construction of a 13GW monocrystalline rod and supporting project production base in Shifang, Sichuan, with a total investment of 5.3 billion yuan, of which Trina Solar invested about 4.3 billion yuan.