Ganfeng Lithium
Market Cap
CN¥129.6b
Last Updated
2021/02/27 09:04 UTC
Data Sources
Company Financials +
Executive Summary
Ganfeng Lithium Co., Ltd. manufactures and sells lithium products in Mainland China, Hong Kong, rest of Asia, the European Union, North America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Ganfeng Lithium's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 002460 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 002460's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
-23.6%
2460
-4.2%
CN Metals and Mining
-6.5%
CN Market
1 Year Return
90.5%
2460
36.1%
CN Metals and Mining
26.9%
CN Market
Return vs Industry: 002460 exceeded the CN Metals and Mining industry which returned 36.1% over the past year.
Return vs Market: 002460 exceeded the CN Market which returned 26.9% over the past year.
Shareholder returns
| 2460 | Industry | Market | |
|---|---|---|---|
| 7 Day | -23.6% | -4.2% | -6.5% |
| 30 Day | -23.4% | 1.7% | -4.1% |
| 90 Day | 28.2% | 9.7% | 2.9% |
| 1 Year | 91.4%90.5% | 38.3%36.1% | 29.0%26.9% |
| 3 Year | 114.0%108.9% | 5.6%0.3% | 28.5%22.1% |
| 5 Year | 750.2%726.3% | 29.9%23.5% | 45.1%35.0% |
Long-Term Price Volatility Vs. Market
How volatile is Ganfeng Lithium's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Ganfeng Lithium undervalued compared to its fair value and its price relative to the market?
353.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 002460 (CN¥99.02) is trading above our estimate of fair value (CN¥70.7)
Significantly Below Fair Value: 002460 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 002460 is poor value based on its PE Ratio (353.4x) compared to the CN Metals and Mining industry average (34.6x).
PE vs Market: 002460 is poor value based on its PE Ratio (353.4x) compared to the CN market (34.1x).
Price to Earnings Growth Ratio
PEG Ratio: 002460 is poor value based on its PEG Ratio (5.5x)
Price to Book Ratio
PB vs Industry: 002460 is overvalued based on its PB Ratio (13.3x) compared to the CN Metals and Mining industry average (2.2x).
Next Steps
Future Growth
How is Ganfeng Lithium forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
64.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002460's forecast earnings growth (64.5% per year) is above the savings rate (3.3%).
Earnings vs Market: 002460's earnings (64.5% per year) are forecast to grow faster than the CN market (24.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002460's revenue (36.8% per year) is forecast to grow faster than the CN market (18.3% per year).
High Growth Revenue: 002460's revenue (36.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002460's Return on Equity is forecast to be low in 3 years time (18.8%).
Next Steps
Past Performance
How has Ganfeng Lithium performed over the past 5 years?
8.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002460 has high quality earnings.
Growing Profit Margin: 002460's current net profit margins (7.2%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: 002460's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: 002460's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002460 had negative earnings growth (-48.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (6.7%).
Return on Equity
High ROE: 002460's Return on Equity (2.9%) is considered low.
Next Steps
Financial Health
How is Ganfeng Lithium's financial position?
Financial Position Analysis
Short Term Liabilities: 002460's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002460's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 002460's debt to equity ratio (52.5%) is considered high.
Reducing Debt: 002460's debt to equity ratio has increased from 20% to 52.5% over the past 5 years.
Debt Coverage: 002460's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 002460's interest payments on its debt are well covered by EBIT (13.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Ganfeng Lithium current dividend yield, its reliability and sustainability?
0.30%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002460's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 002460's dividend (0.3%) is low compared to the top 25% of dividend payers in the CN market (1.8%).
Stability and Growth of Payments
Stable Dividend: 002460's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002460's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (107.1%), 002460's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 002460's dividends in 3 years are forecast to be well covered by earnings (30.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Liangbin Li (53 yo)
no data
Tenure
CN¥764,000
Compensation
Mr. Liangbin Li has been Executive Chairman of Ganfeng Lithium Co., Ltd. since December 6, 2007 and also has been its President since December 27, 2010, Executive Director since December 29, 2017 and Chief...
CEO Compensation Analysis
Compensation vs Market: Liangbin's total compensation ($USD118.03K) is below average for companies of similar size in the CN market ($USD326.51K).
Compensation vs Earnings: Liangbin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Chairman | no data | CN¥764.00k | 20.93% CN¥ 27.1b | |
| Executive Vice Chairman & VP | 10.17yrs | CN¥702.00k | 7.49% CN¥ 9.7b | |
| VP & Executive Director | 7.17yrs | CN¥4.56m | 0.18% CN¥ 231.1m | |
| Executive Director | 0.33yr | CN¥4.62m | 0.82% CN¥ 1.1b | |
| VP & CFO | 6.83yrs | CN¥324.80k | 0.082% CN¥ 105.8m | |
| Vice President | no data | CN¥385.60k | 0.028% CN¥ 36.6m | |
| VP & Secretary of the Board | 6.67yrs | CN¥385.60k | no data | |
| Joint Company Secretary | 2.33yrs | no data | no data | |
| Joint Company Secretary | 2.33yrs | no data | no data |
6.8yrs
Average Tenure
52yo
Average Age
Experienced Management: 002460's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Chairman | no data | CN¥764.00k | 20.93% CN¥ 27.1b | |
| Executive Vice Chairman & VP | 10.17yrs | CN¥702.00k | 7.49% CN¥ 9.7b | |
| VP & Executive Director | 7.17yrs | CN¥4.56m | 0.18% CN¥ 231.1m | |
| Executive Director | 0.33yr | CN¥4.62m | 0.82% CN¥ 1.1b | |
| Independent Non-Executive Director | 2.58yrs | no data | no data | |
| Supervisor | 0.92yr | CN¥73.00k | no data | |
| Independent Non-Executive Director | 4.92yrs | CN¥80.00k | no data | |
| Non-Executive Director | 0.92yr | no data | no data | |
| Non-Executive Director | 0.92yr | no data | no data | |
| Independent Non-Executive Director | 0.92yr | no data | no data | |
| Independent Non-Executive Director | 0.92yr | no data | no data | |
| Chairman of the Board of Supervisor | 0.92yr | no data | no data |
0.9yrs
Average Tenure
52yo
Average Age
Experienced Board: 002460's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.
Top Shareholders
Company Information
Ganfeng Lithium Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ganfeng Lithium Co., Ltd.
- Ticker: 2460
- Exchange: SZSE
- Founded: 2000
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CN¥129.629b
- Shares outstanding: 1.35b
- Website: https://www.ganfenglithium.com
Number of Employees
Location
- Ganfeng Lithium Co., Ltd.
- No. 608, Nan Yuan Road
- Chengdong Hi Tech Development Zone
- Xinyu
- Jiangxi Province
- 338015
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2460 | SZSE (Shenzhen Stock Exchange) | Yes | Domestic Shares | CN | CNY | Aug 2010 |
| 2460 | XSEC (Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Aug 2010 |
| 1772 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Foreign Shares-Foreign Listed | HK | HKD | Oct 2018 | |
| 1772 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Foreign Shares-Foreign Listed | HK | HKD | Oct 2018 | |
| GNEN.F | OTCPK (Pink Sheets LLC) | Foreign Shares-Foreign Listed | US | USD | Oct 2018 | |
| 39EA | BST (Boerse-Stuttgart) | Foreign Shares-Foreign Listed | DE | EUR | Oct 2018 | |
| 39EA | DB (Deutsche Boerse AG) | Foreign Shares-Foreign Listed | DE | EUR | Oct 2018 | |
| 1772 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Foreign Shares-Foreign Listed | HK | HKD | Oct 2018 |
Biography
Ganfeng Lithium Co., Ltd. manufactures and sells lithium products in Mainland China, Hong Kong, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lit...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 09:04 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.