Basic Company Data Data as of: April 13, 2011 Current Price $29.

18
Symbol TSL TRINA SOLAR LTD-SPON ADR H&C Composite Score
Description Trina Solar Limited manufactures solar-power products including photovoltaic
Buy
wafers, ingots, cells and modules. The Company's solar modules provide
environmentally-friendly electric power for residential, commercial,
industrial, and other applications worldwide.
5.8
Sector Information Technology
Industry Semiconductors & Semiconductor 0 1 2 3 4 5
Last Report Date 2/22/2011 Technical Score Fundamental Score
Earnings Date 5/25/2011 IPO Date 12/18/2006
Fundamentals Technicals
Market Cap. $2.3 B BETA 1.95 Price $29.18 MACD Overbought
Price/Earnings 7.07 1Yr. EPS Growth Rate % 126.17% 50-Day MA $27.87 Stochastics Trend Down
Forward Price/Earnings 6.63 5Yr. Avg. EPS Growth Rate % #N/A N/A 200-Day MA $25.73 RSI Signal Trend Down
Price/Book 1.74 EPS Growth QoQ 183.33% 50/200 Day MA $2.14 S/T Trend Up
Forward PEG Ratio 0.34 Revenue Growth QoQ 90.53% Volume Pressure 0.98 L/T Trend Up
Return on Equity 45.10 Dividend Yield 0.00% Average Daily Volume 3,581,422 Bull / Bear Bear Trend
LT Debt/Equity 37.17% Cash Flow Per Share 1.86 M-Score (0 - 100%) 50%
H&C Fundamental Score 5.0 H&C Technical Score 0.8
Ownership Data
Inst. Buy/Sell Ratio 0.00 Management Ownership 0.00% 50 Day Moving Average S/T Support L/T Support
% Change of Insider Holdings 0.00% Short Interest Ratio 2.70 20 Day Moving Average S/T Resistance L/T Resistance

TRINA SOLAR LTD-SPON ADR

$31

$30

$29

$28

$27

$26

$25

$24

$23

$22

10.0
Bull Trend Bear Trend

0.0

-10.0
2.0
Up / Down Volume Ratio
1.5
1.0
0.5
0.0
100

50

0
17-Dec-10 3-Jan-11 18-Jan-11 1-Feb-11 15-Feb-11 2-Mar-11 16-Mar-11 30-Mar-11 13-Apr-11
Volume x100,000
Fundamentals
TRINA SOLAR LTD-SPON ADR
1
Earnings Per Share 2
Reported Estimate Target Price 19 Reported Estimate
$2.00 $40

$35
$1.50
$30

$1.00 $25

$20

$0.50
$15

$10
$0.00
$5

-$0.50 $0

Total Revenues 1
Reported Estimate
Ownership EPS & Revenue Growth
#N/A N.A. Quarter EPS Growth Rev. Growth
$800
FQ1 2009 -98% 9%
FQ2 2009 -76% -27%
$700
FQ3 2009 -73% -14%
$600 FQ4 2009 5704% # 45%
FQ1 2010 6847% 155%
$500 FQ2 2010 197% 147%
FQ3 2010 238% 104%
$400 FQ4 2010 139% 105%

$300 Top Holders and % Outstanding Forward Growth Estimates

FIDELITY MANAGEMENT 4.54% Quarter EPS Growth Rev. Growth
$200 MACKENZIE FINANCIAL 4.04% FQ1 2011 73% 87%
SAM SUSTAINABLE ASSE 3.90% FQ2 2011 120% 76%
$100
ADAGE CAPITAL PARTNE 3.71% FQ3 2011 -4% 29%
SAM SUSTAINABLE ASSE 3.65% FQ4 2011 -45% 4%
$0
IVY MANAGEMENT INCOR 3.48%
ROBECO INVESTOR SERV 1.84%
HSBC ASSET MANAGEMEN 1.54%

Largest Geographic Segmentation of Revenue Product Segmentation of Revenue

Yearly Yearly
Segment Name FQ4 2010 FQ3 2010 FQ2 2010 FQ1 2010 Segment Name FQ4 2010 FQ3 2010 FQ2 2010 FQ1 2010
Worldwide 0.00 #N/A N/A #N/A N/A #N/A N/A #N/A N/A Solar Photovoltaic Products $1,860.00 $845.14 $831.90 $301.42 $114.34
Others #N/A N/A 32.47 46.11 2.69 0.39 Non-allocated #N/A N/A #N/A N/A #N/A N/A $0.40 $0.16
Europe #N/A N/A 788.15 755.40 291.30 103.36
Mongolia #N/A N/A 0.08 #N/A N/A 1.46 #N/A N/A
China #N/A N/A 24.43 30.39 6.37 10.63
South Africa #N/A N/A #N/A N/A #N/A N/A #N/A N/A 0.11

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4/13/2011