2460 Stock Overview
Manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Ganfeng Lithium Group Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥33.63 |
| 52 Week High | CN¥65.60 |
| 52 Week Low | CN¥30.80 |
| Beta | 0.75 |
| 1 Month Change | -4.62% |
| 3 Month Change | -16.26% |
| 1 Year Change | -47.62% |
| 3 Year Change | -63.49% |
| 5 Year Change | 104.26% |
| Change since IPO | 615.77% |
Recent News & Updates
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 04Recent updates
Investors Could Be Concerned With Ganfeng Lithium Group's (SZSE:002460) Returns On Capital
Apr 22Shaky Earnings May Not Tell The Whole Story For Ganfeng Lithium Group (SZSE:002460)
Apr 04Downgrade: Here's How Analysts See Ganfeng Lithium Group Co., Ltd. (SZSE:002460) Performing In The Near Term
Apr 02Earnings Miss: Ganfeng Lithium Group Co., Ltd. Missed EPS By 26% And Analysts Are Revising Their Forecasts
Apr 01Shareholder Returns
| 2460 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -0.5% | -0.9% | -0.4% |
| 1Y | -47.6% | -17.6% | -12.6% |
Return vs Industry: 002460 underperformed the CN Chemicals industry which returned -17.6% over the past year.
Return vs Market: 002460 underperformed the CN Market which returned -12.6% over the past year.
Price Volatility
| 2460 volatility | |
|---|---|
| 2460 Average Weekly Movement | 6.3% |
| Chemicals Industry Average Movement | 6.8% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in CN Market | 9.9% |
| 10% least volatile stocks in CN Market | 4.0% |
Stable Share Price: 002460 has not had significant price volatility in the past 3 months.
Volatility Over Time: 002460's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 14,481 | Liangbin Li | www.ganfenglithium.com |
Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, 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.
Ganfeng Lithium Group Co., Ltd. Fundamentals Summary
| 2460 fundamental statistics | |
|---|---|
| Market cap | CN¥61.98b |
| Earnings (TTM) | CN¥2.11b |
| Revenue (TTM) | CN¥28.59b |
31.9x
P/E Ratio2.4x
P/S RatioIs 2460 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2460 income statement (TTM) | |
|---|---|
| Revenue | CN¥28.59b |
| Cost of Revenue | CN¥28.86b |
| Gross Profit | -CN¥271.76m |
| Other Expenses | -CN¥2.38b |
| Earnings | CN¥2.11b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.05 |
| Gross Margin | -0.95% |
| Net Profit Margin | 7.38% |
| Debt/Equity Ratio | 49.1% |
How did 2460 perform over the long term?
See historical performance and comparison