002460 Stock Overview Manufactures and sells lithium products in Mainland China, South Korea, Europe, Rest of Asia, North America, and internationally. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Ganfeng Lithium Group Co., Ltd. Competitors Price History & Performance
Summary of share price highs, lows and changes for Ganfeng Lithium Group Historical stock prices Current Share Price CN¥37.10 52 Week High CN¥45.62 52 Week Low CN¥24.90 Beta 0.70 1 Month Change -13.30% 3 Month Change 45.55% 1 Year Change -6.95% 3 Year Change -60.56% 5 Year Change 51.96% Change since IPO 689.63%
Recent News & Updates See more updates
Ganfeng Lithium Group Co., Ltd.'s (SZSE:002460) Shares Climb 35% But Its Business Is Yet to Catch Up Nov 14
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Nov 01
Subdued Growth No Barrier To Ganfeng Lithium Group Co., Ltd. (SZSE:002460) With Shares Advancing 26% Sep 30
Ganfeng Lithium Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Sep 30
New minor risk - Share price stability Sep 24
Price target decreased by 8.0% to CN¥35.88 Sep 03
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Aug 29
We Think Ganfeng Lithium Group (SZSE:002460) Has A Fair Chunk Of Debt Aug 18
Ganfeng Lithium Group (SZSE:002460) Is Paying Out Less In Dividends Than Last Year Jul 22
Dividend reduced to CN¥0.80 Jul 21
Ganfeng Lithium Group Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on 24 July 2024 Jul 19
Ganfeng Lithium Group Co., Ltd. Announces Resignation of Yang Juan as Non-Executive Director, Member of Remuneration Committee and Member of the Strategy Committee Jul 15
Ganfeng Lithium Group Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Jun 29
Ganfeng Lithium Group Co., Ltd. Announces Final Dividend for the Year Ended 31 December 2023, Payable on or Before August 25, 2024 Jun 26
Wong Sze Wing to Retire as Independent Non-Executive Director, Chairman of the Audit Committee of the Board and the Member of the Sustainable Development Committee of the Board of Ganfeng Lithium Group Co., Ltd Jun 08
Potential Upside For Ganfeng Lithium Group Co., Ltd. (SZSE:002460) Not Without Risk Jun 03
Now 22% undervalued May 13
Consensus EPS estimates fall by 11%, revenue upgraded May 06
First quarter 2024 earnings released Apr 30
Investors Could Be Concerned With Ganfeng Lithium Group's (SZSE:002460) Returns On Capital Apr 22
Shaky Earnings May Not Tell The Whole Story For Ganfeng Lithium Group (SZSE:002460) Apr 04
Consensus revenue estimates fall by 28% Apr 04
Downgrade: Here's How Analysts See Ganfeng Lithium Group Co., Ltd. (SZSE:002460) Performing In The Near Term Apr 02
Earnings Miss: Ganfeng Lithium Group Co., Ltd. Missed EPS By 26% And Analysts Are Revising Their Forecasts Apr 01 Ganfeng Lithium Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024
Full year 2023 earnings: EPS and revenues miss analyst expectations Mar 29
Ganfeng Lithium Group Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2023 Mar 29
Investor sentiment deteriorates as stock falls 17% Feb 02
Ganfeng Lithium Group Co., Ltd. Announces Earnings Guidance for the Twelve Months Ended December 31, 2023 Jan 31 Ganfeng Lithium's Unit to Buy Up to 5% Stake in Mali Lithium Jan 18
Ganfeng Lithium Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Dec 30
Price target decreased by 9.9% to CN¥54.94 Nov 07
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Oct 31
Now 21% undervalued after recent price drop Oct 13
Ganfeng Lithium Group Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Sep 30
Price target decreased by 7.3% to CN¥65.62 Sep 21
Price target decreased by 12% to CN¥67.01 Sep 19
Price target decreased by 8.9% to CN¥78.22 Sep 04
Now 21% undervalued after recent price drop Aug 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Aug 30
New major risk - Revenue and earnings growth Aug 20 Ganfeng Lithium Group Co., Ltd completed the acquisition of 70% stake in Xianghuangqi Mengjin Mining Development Co., Ltd. from Li Liangbin.
Ganfeng Lithium Group Co., Ltd entered into the Equity Transfer Agreement to acquire 70% stake in Xianghuangqi Mengjin Mining Development Co., Ltd. from Li Liangbin for CNY 1.4 billion. Jul 28
Ganfeng Lithium Group Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 12 July 2023 Jul 07
Ganfeng Lithium Group Co., Ltd. Announces Final Dividend for the Year Ended 31 December 2022, Payable on August 14, 2023 Jul 06
Ganfeng Lithium Group Co., Ltd. Approves Cash Dividend for 2022, Payable on or Before August 29, 2023 Jun 30
Ganfeng Lithium Group Co., Ltd. Announces First Lithium Carbonate Products of Its Cauchari-Olaroz Salt Lake Project in Argentina Jun 13
Ganfeng Lithium Group Co., Ltd. Proposes Final Dividend for the Year Ended 31 December 2022 May 19
Price target decreased by 8.5% to CN¥93.52 Apr 03
Full year 2022 earnings released: EPS: CN¥10.15 (vs CN¥2.67 in FY 2021) Mar 17 Ganfeng Lithium Group Co., Ltd. Announces Financial Director Changes
Ganfeng Lithium Group Co., Ltd. Provides Earnings Guidance for the Twelve Months Ended December 31, 2022 Jan 30 Lithium Americas Corp. (TSX:LAC) entered into a definitive arrangement agreement to acquire the remaining stake in Arena Minerals Inc. (TSXV:AN) from Ganfeng Lithium Group Co., Ltd. (SZSE:002460), GFL International Co., Ltd. and others. Dec 22
Less than half of directors are independent Nov 16
Investor sentiment improved over the past week Nov 06
Third quarter 2022 earnings released: EPS: CN¥3.75 (vs CN¥0.51 in 3Q 2021) Oct 31
Price target decreased to CN¥117 Oct 18
Ganfeng Lithium Group Co., Ltd. to Report Q3, 2022 Results on Oct 28, 2022 Oct 15
Consensus EPS estimates increase by 22% Sep 06
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Sep 01
Ganfeng Lithium Co., Ltd. to Report First Half, 2022 Results on Aug 30, 2022 Aug 19 Ganfeng Lithium Co., Ltd. Provides Earnings Forecast for the Second Quarter and Six Months Ended June 30, 2022
Ganfeng Lithium Co., Ltd. Announces Final Dividend on Share A for 2021, Payable on July 4, 2022 Jun 28
Ganfeng Lithium Co., Ltd. Approves Final Divided for the Financial Year Ended December 31, 2021, Payable on August 04, 2022 Jun 16
Ganfeng Lithium Co., Ltd. Proposes Final Ordinary Dividend for the Year Ended December 31, 2021, Payable on August 4, 2022 May 19
Price target decreased to CN¥178 May 04
Investor sentiment improved over the past week May 03
Consensus EPS estimates increase by 26% May 03
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Apr 28
Less than half of directors are independent Apr 27
Ganfeng Lithium Co., Ltd. to Report Q1, 2022 Results on Apr 26, 2022 Apr 13
Now 20% undervalued after recent price drop Apr 09
Ganfeng Lithium Co., Ltd., Annual General Meeting, Jun 10, 2022 Apr 01
Consensus forecasts updated Apr 01
Ganfeng Lithium Co., Ltd. Proposes Final Dividend for the Year Ended December 31, 2021 Apr 01
Full year 2021 earnings: Revenues miss analyst expectations Mar 15
Investor sentiment deteriorated over the past week Mar 08
Consensus EPS estimates increase by 11% Jan 26
Ganfeng Lithium Co., Ltd. Provides Earnings Guidance for the Year Ended December 31, 2021 Jan 25
Third quarter 2021 earnings released: EPS CN¥0.72 (vs CN¥0.13 in 3Q 2020) Oct 27
Price target increased to CN¥206 Sep 14
Price target increased to CN¥188 Sep 07
Second quarter 2021 earnings released: EPS CN¥0.67 (vs CN¥0.12 in 2Q 2020) Aug 31
Price target increased to CN¥164 Aug 12
Price target increased to CN¥148 Jul 24
Price target increased to CN¥140 Jul 17 Ganfeng Lithium Co., Ltd. Updates Earnings Guidance for the Period Ended June 30, 2021
Ganfeng Lithium Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 4.8693 billion. Jun 23
Ganfeng Lithium Co., Ltd. (SZSE:002460) agreed to acquire an unknown minority stake in Mali Lithium Mine for $130 million. Jun 16
Ganfeng Lithium Co., Ltd. (SZSE:002460) agreed to acquire an unknown minority stake in Goulamina hard-rock mine in Mali for $130 million. Jun 15
Lithium Americas and Ganfeng Lithium Commence Expansion Planning At Caucharí-Olaroz May 29
CEO, President & Executive Chairman exercised options to buy CN¥52m worth of stock. May 12 Shareholder Returns 002460 CN Chemicals CN Market 7D -2.9% -2.3% -1.2% 1Y -6.9% 0.7% 11.8%
See full shareholder returns
Return vs Industry: 002460 underperformed the CN Chemicals industry which returned 0.7% over the past year.
Return vs Market: 002460 underperformed the CN Market which returned 11.8% over the past year.
Price Volatility Is 002460's price volatile compared to industry and market? 002460 volatility 002460 Average Weekly Movement 9.8% Chemicals Industry Average Movement 8.2% Market Average Movement 8.7% 10% most volatile stocks in CN Market 12.8% 10% least volatile stocks in CN Market 5.7%
Stable Share Price: 002460 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002460's weekly volatility (10%) has been stable over the past year.
About the Company Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products in Mainland China, South Korea, Europe, Rest of Asia, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; Avalonia project located in Ireland; Qinghai Yiliping lithium salt lake project situated in the Qinghai Province; Goulamina spodumene ore project located in southern Mali, Africa; PPG lithium salt-lake project located in Salta Province, Argentina; and Songshugang tantalum-niobium mine project located in Jiangxi Province.
Show more Ganfeng Lithium Group Co., Ltd. Fundamentals Summary How do Ganfeng Lithium Group's earnings and revenue compare to its market cap? 002460 fundamental statistics Market cap CN¥67.25b Earnings (TTM ) -CN¥1.70b Revenue (TTM ) CN¥21.21b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 002460 income statement (TTM ) Revenue CN¥21.21b Cost of Revenue CN¥21.28b Gross Profit -CN¥68.65m Other Expenses CN¥1.63b Earnings -CN¥1.70b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.85 Gross Margin -0.32% Net Profit Margin -8.03% Debt/Equity Ratio 62.5%
How did 002460 perform over the long term?
See historical performance and comparison Dividends
2.2% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/21 22:53 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 here .
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 .
Analyst Sources Ganfeng Lithium Group Co., Ltd. is covered by 54 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Quanzhi Lu Avic Securities Co., Ltd Cheng Shen BOCI Research Ltd. Yanlin Zhao BofA Global Research
Show 51 more analysts 
