Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
2460 Stock Overview
Ganfeng Lithium Co., Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally.
Ganfeng Lithium Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CN¥156.97 |
52 Week High | CN¥224.40 |
52 Week Low | CN¥89.90 |
Beta | 0.81 |
1 Month Change | 34.53% |
3 Month Change | 22.13% |
1 Year Change | 29.84% |
3 Year Change | 538.61% |
5 Year Change | 363.49% |
Change since IPO | 2,286.37% |
Recent News & Updates
Shareholder Returns
2460 | CN Metals and Mining | CN Market | |
---|---|---|---|
7D | 15.0% | 1.6% | 1.3% |
1Y | 29.8% | 14.4% | -6.8% |
Return vs Industry: 002460 exceeded the CN Metals and Mining industry which returned 14.4% over the past year.
Return vs Market: 002460 exceeded the CN Market which returned -6.8% over the past year.
Price Volatility
2460 volatility | |
---|---|
2460 Average Weekly Movement | 8.8% |
Metals and Mining Industry Average Movement | 7.3% |
Market Average Movement | 7.2% |
10% most volatile stocks in CN Market | 10.2% |
10% least volatile stocks in CN Market | 5.0% |
Stable Share Price: 002460 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 002460's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2000 | 5,533 | Liangbin Li | https://www.ganfenglithium.com |
Ganfeng Lithium 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; and Goulamina spodumene ore project located in southern Mali, Africa.
Ganfeng Lithium Fundamentals Summary
2460 fundamental statistics | |
---|---|
Market Cap | CN¥210.15b |
Earnings (TTM) | CN¥8.28b |
Revenue (TTM) | CN¥14.92b |
29.4x
P/E Ratio16.3x
P/S RatioIs 2460 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
2460 income statement (TTM) | |
---|---|
Revenue | CN¥14.92b |
Cost of Revenue | CN¥7.40b |
Gross Profit | CN¥7.52b |
Other Expenses | -CN¥759.02m |
Earnings | CN¥8.28b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 5.33 |
Gross Margin | 50.39% |
Net Profit Margin | 55.48% |
Debt/Equity Ratio | 21.8% |
How did 2460 perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield5%
Payout RatioDoes 2460 pay a reliable dividends?
See 2460 dividend history and benchmarksGanfeng Lithium dividend dates | |
---|---|
Ex Dividend Date | Jul 04 2022 |
Dividend Pay Date | Jul 04 2022 |
Days until Ex dividend | 1 day |
Days until Dividend pay date | 1 day |
Does 2460 pay a reliable dividends?
See 2460 dividend history and benchmarksValuation
Is 2460 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2460?
Other financial metrics that can be useful for relative valuation.
What is 2460's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | CN¥210.15b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 14.5x |
Enterprise Value/EBITDA | 33.1x |
PEG Ratio | 5.3x |
Price to Earnings Ratio vs Peers
How does 2460's PE Ratio compare to its peers?
2460 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 29.6x | ||
603799 Zhejiang Huayou Cobalt | 34.6x | 32.2% | CN¥154.1b |
600111 China Northern Rare Earth (Group) High-TechLtd | 21.6x | 25.2% | CN¥126.5b |
002738 Sinomine Resource Group | 35.7x | 69.0% | CN¥44.7b |
600392 Shenghe Resources Holding | 26.4x | 17.4% | CN¥39.0b |
002460 Ganfeng Lithium | 29.4x | 5.6% | CN¥210.2b |
Price-To-Earnings vs Peers: 002460 is good value based on its Price-To-Earnings Ratio (29.4x) compared to the peer average (29.6x).
Price to Earnings Ratio vs Industry
How does 2460's PE Ratio compare vs other companies in the CN Metals and Mining Industry?
Price-To-Earnings vs Industry: 002460 is good value based on its Price-To-Earnings Ratio (29.4x) compared to the CN Metals and Mining industry average (29.8x)
Price to Earnings Ratio vs Fair Ratio
What is 2460'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.
Fair Ratio | |
---|---|
Current PE Ratio | 29.4x |
Fair PE Ratio | 18.3x |
Price-To-Earnings vs Fair Ratio: 002460 is expensive based on its Price-To-Earnings Ratio (29.4x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).
Share Price vs Fair Value
What is the Fair Price of 2460 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002460 (CN¥156.97) is trading above our estimate of fair value (CN¥80.41)
Significantly Below Fair Value: 002460 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: 002460 is poor value based on its PEG Ratio (5.3x)
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Future Growth
How is Ganfeng Lithium forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002460's forecast earnings growth (5.6% per year) is above the savings rate (3.2%).
Earnings vs Market: 002460's earnings (5.6% per year) are forecast to grow slower than the CN market (23.9% per year).
High Growth Earnings: 002460's earnings are forecast to grow, but not significantly.
Revenue vs Market: 002460's revenue (12.7% per year) is forecast to grow slower than the CN market (17.5% per year).
High Growth Revenue: 002460's revenue (12.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002460's Return on Equity is forecast to be high in 3 years time (25.4%)
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Past Performance
How has Ganfeng Lithium performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
39.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002460 has a high level of non-cash earnings.
Growing Profit Margin: 002460's current net profit margins (55.5%) are higher than last year (24.7%).
Past Earnings Growth Analysis
Earnings Trend: 002460's earnings have grown significantly by 39.4% per year over the past 5 years.
Accelerating Growth: 002460's earnings growth over the past year (454.4%) exceeds its 5-year average (39.4% per year).
Earnings vs Industry: 002460 earnings growth over the past year (454.4%) exceeded the Metals and Mining industry 20.8%.
Return on Equity
High ROE: 002460's Return on Equity (28.1%) is considered high.
Discover strong past performing companies
Financial Health
How is Ganfeng Lithium's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 002460's short term assets (CN¥16.0B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: 002460's short term assets (CN¥16.0B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 002460's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 002460's debt to equity ratio has reduced from 43.8% to 21.8% over the past 5 years.
Debt Coverage: 002460's debt is well covered by operating cash flow (60.3%).
Interest Coverage: 002460 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Ganfeng Lithium current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.19%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002460's dividend (0.19%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 002460's dividend (0.19%) is low compared to the top 25% of dividend payers in the CN market (1.92%).
Stability and Growth of Payments
Stable Dividend: 002460 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.
Growing Dividend: 002460 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: 002460 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: 002460 is not paying a notable dividend for the CN market.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
9.6yrs
Average management tenure
CEO
Liangbin Li (55 yo)
11.58yrs
Tenure
CN¥934,000
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 ($USD139.38K) is below average for companies of similar size in the CN market ($USD375.12K).
Compensation vs Earnings: Liangbin's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 002460's management team is seasoned and experienced (9.6 years average tenure).
Board Members
Experienced Board: 002460's board of directors are not considered experienced ( 2.4 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ganfeng Lithium Co., Ltd.'s 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
- Implied Market Cap: CN¥210.152b
- Shares outstanding: 1.55b
- Website: https://www.ganfenglithium.com
Number of Employees
Location
- Ganfeng Lithium Co., Ltd.
- Longteng Road
- Economic Development Zone
- Xinyu
- Jiangxi Province
- 338000
- China
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/07/03 00:00 |
End of Day Share Price | 2022/07/01 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.