Trina Solar LimitedChangzhou, China (NYSE: TSL [ADR])

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Trina Solar Income Statement

All amounts in millions of except per share amounts.
View: Annual
Dec 08 Dec 07 Dec 06
Revenue 831.9 301.8 114.5
Cost of Goods Sold 667.5 234.2 84.4
Gross Profit 164.4 67.6 30.0
Gross Profit Margin 19.8% 22.4% 26.2%
SG&A Expense 61.4 28.8 11.2
Depreciation & Amortization 20.1 6.2 1.4
Operating Income 89.9 41.2 17.1
Operating Margin 10.8% 13.7% 14.9%
Nonoperating Income (13.0) 1.6 (0.1)
Nonoperating Expenses (21.0) (2.7) --
Income Before Taxes 66.0 33.7 15.0
Income Taxes 4.6 (1.7) 1.8
Net Income After Taxes 61.4 35.4 13.2

Continuing Operations 100.0 35.4 13.2
Discontinued Operations 0.0 0.4 (0.8)
Total Operations 100.0 35.7 12.4
Total Net Income 100.0 35.7 12.4
Net Profit Margin 12.0% 11.8% 10.8%

Diluted EPS from Total Net Income ($) 2.00 2.00 0.90
Dividends per Share 0.00 0.00 0.00
© 2009 Morningstar, Inc. Financial Data provided by Morningstar

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