Ganfeng Lithium Group Co., Ltd.

SZSE:002460 Stock Report

Market Cap: CN¥128.3b

Ganfeng Lithium Group Valuation

Is 002460 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 002460 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 002460 (CN¥65.65) is trading below our estimate of future cash flow value (CN¥177.32)

Significantly Below Future Cash Flow Value: 002460 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002460?

Key metric: As 002460 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002460. This is calculated by dividing 002460's market cap by their current earnings.
What is 002460's PE Ratio?
PE Ratio35.9x
EarningsCN¥3.81b
Market CapCN¥128.34b

Price to Earnings Ratio vs Peers

How does 002460's PE Ratio compare to its peers?

The above table shows the PE ratio for 002460 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.5x
002466 Tianqi Lithium
45.2x23.53%CN¥96.1b
600309 Wanhua Chemical Group
17.2x19.85%CN¥226.8b
300395 Hubei Feilihua Quartz Glass
128.8x39.28%CN¥62.1b
603659 Shanghai Putailai New Energy Technology GroupLtd
22.6x24.97%CN¥58.1b
002460 Ganfeng Lithium Group
35.9x34.74%CN¥128.3b

Price-To-Earnings vs Peers: 002460 is good value based on its Price-To-Earnings Ratio (35.9x) compared to the peer average (53.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 002460's PE Ratio compare vs other companies in the CN Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
002460 35.9xIndustry Avg. 46.4xNo. of Companies33PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002460 is good value based on its Price-To-Earnings Ratio (35.9x) compared to the CN Chemicals industry average (46.9x).

Price to Earnings Ratio vs Fair Ratio

What is 002460's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

002460 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.9x
Fair PE Ratio39.2x

Price-To-Earnings vs Fair Ratio: 002460 is good value based on its Price-To-Earnings Ratio (35.9x) compared to the estimated Fair Price-To-Earnings Ratio (39.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 002460 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥65.65
CN¥89.12
+35.76%
22.69%CN¥115.00CN¥41.00n/a20
May ’27CN¥88.68
CN¥84.44
-4.78%
21.69%CN¥115.00CN¥41.00n/a19
Apr ’27CN¥77.31
CN¥71.58
-7.41%
24.02%CN¥92.00CN¥36.00n/a18
Mar ’27CN¥73.10
CN¥66.83
-8.58%
27.41%CN¥92.00CN¥27.50n/a19
Feb ’27CN¥68.60
CN¥64.60
-5.83%
30.27%CN¥92.00CN¥22.00n/a19
Jan ’27CN¥62.89
CN¥55.13
-12.33%
31.47%CN¥85.51CN¥22.00n/a19
Dec ’26CN¥62.55
CN¥53.76
-14.06%
31.75%CN¥85.51CN¥22.00n/a18
Nov ’26CN¥69.02
CN¥45.92
-33.46%
35.30%CN¥80.00CN¥22.00n/a17
Oct ’26CN¥60.88
CN¥39.52
-35.09%
24.12%CN¥56.00CN¥22.00n/a18
Sep ’26CN¥40.67
CN¥37.35
-8.16%
25.60%CN¥56.00CN¥22.00n/a18
Aug ’26CN¥36.18
CN¥31.86
-11.95%
23.16%CN¥44.00CN¥19.30n/a18
Jul ’26CN¥33.56
CN¥31.42
-6.37%
23.19%CN¥44.00CN¥19.30n/a18
Jun ’26CN¥30.18
CN¥31.20
+3.37%
23.90%CN¥44.00CN¥19.30CN¥69.8618
May ’26CN¥29.95
CN¥31.42
+4.90%
23.74%CN¥44.00CN¥19.30CN¥88.6818
Apr ’26CN¥34.00
CN¥34.78
+2.30%
28.85%CN¥62.00CN¥19.30CN¥77.3118
Mar ’26CN¥36.38
CN¥35.30
-2.98%
29.94%CN¥62.00CN¥15.50CN¥73.1018
Feb ’26CN¥33.08
CN¥35.44
+7.13%
28.86%CN¥62.00CN¥15.50CN¥68.6019
Jan ’26CN¥35.01
CN¥34.91
-0.30%
31.90%CN¥62.00CN¥15.50CN¥62.8918
Dec ’25CN¥42.05
CN¥34.37
-18.26%
33.39%CN¥62.00CN¥15.50CN¥62.5517
Nov ’25CN¥34.12
CN¥34.78
+1.94%
32.86%CN¥62.00CN¥15.50CN¥69.0217
Oct ’25CN¥34.47
CN¥34.09
-1.10%
33.05%CN¥62.00CN¥16.10CN¥60.8818
Sep ’25CN¥27.33
CN¥35.88
+31.29%
30.29%CN¥62.00CN¥16.10CN¥40.6718
Aug ’25CN¥27.50
CN¥38.99
+41.79%
30.45%CN¥62.00CN¥19.50CN¥36.1817
Jul ’25CN¥28.83
CN¥39.57
+37.25%
29.59%CN¥62.00CN¥19.50CN¥33.5617
Jun ’25CN¥33.63
CN¥41.33
+22.89%
27.08%CN¥62.00CN¥19.50CN¥30.1817
CN¥89.12
Fair Value
26.3% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 06:34
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ganfeng Lithium Group Co., Ltd. is covered by 43 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wei FangBNP Paribas
Yanlin ZhaoBofA Global Research
Qi DingChina International Capital Corporation Limited