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Tianqi Lithium SZSE:002466 Stock Report

Last Price

CN¥34.84

Market Cap

CN¥55.1b

7D

-4.3%

1Y

-35.6%

Updated

21 Dec, 2024

Data

Company Financials +

Tianqi Lithium Corporation

SZSE:002466 Stock Report

Market Cap: CN¥55.1b

002466 Stock Overview

Invests, produces, process, extracts, and sells lithium, lithium concentrate, and the lithium specialty compounds in Australia, Chile, and China. More details

002466 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Tianqi Lithium Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tianqi Lithium
Historical stock prices
Current Share PriceCN¥34.84
52 Week HighCN¥60.98
52 Week LowCN¥24.44
Beta1.04
1 Month Change-16.05%
3 Month Change39.70%
1 Year Change-35.59%
3 Year Change-61.82%
5 Year Change22.37%
Change since IPO139.12%

Recent News & Updates

Here's Why Tianqi Lithium (SZSE:002466) Can Manage Its Debt Responsibly

Dec 13
Here's Why Tianqi Lithium (SZSE:002466) Can Manage Its Debt Responsibly

Tianqi Lithium Corporation's (SZSE:002466) 25% Share Price Surge Not Quite Adding Up

Nov 12
Tianqi Lithium Corporation's (SZSE:002466) 25% Share Price Surge Not Quite Adding Up

Is Tianqi Lithium Corporation (SZSE:002466) Potentially Undervalued?

Oct 28
Is Tianqi Lithium Corporation (SZSE:002466) Potentially Undervalued?

Recent updates

Here's Why Tianqi Lithium (SZSE:002466) Can Manage Its Debt Responsibly

Dec 13
Here's Why Tianqi Lithium (SZSE:002466) Can Manage Its Debt Responsibly

Tianqi Lithium Corporation's (SZSE:002466) 25% Share Price Surge Not Quite Adding Up

Nov 12
Tianqi Lithium Corporation's (SZSE:002466) 25% Share Price Surge Not Quite Adding Up

Is Tianqi Lithium Corporation (SZSE:002466) Potentially Undervalued?

Oct 28
Is Tianqi Lithium Corporation (SZSE:002466) Potentially Undervalued?

Tianqi Lithium (SZSE:002466) Knows How To Allocate Capital Effectively

Oct 13
Tianqi Lithium (SZSE:002466) Knows How To Allocate Capital Effectively

Tianqi Lithium Corporation's (SZSE:002466) Share Price Could Signal Some Risk

Sep 27
Tianqi Lithium Corporation's (SZSE:002466) Share Price Could Signal Some Risk

Tianqi Lithium Corporation (SZSE:002466) Analysts Are Reducing Their Forecasts For This Year

Sep 11
Tianqi Lithium Corporation (SZSE:002466) Analysts Are Reducing Their Forecasts For This Year

Earnings Release: Here's Why Analysts Cut Their Tianqi Lithium Corporation (SZSE:002466) Price Target To CN¥39.75

Sep 03
Earnings Release: Here's Why Analysts Cut Their Tianqi Lithium Corporation (SZSE:002466) Price Target To CN¥39.75

Here's Why Tianqi Lithium (SZSE:002466) Can Manage Its Debt Responsibly

Aug 07
Here's Why Tianqi Lithium (SZSE:002466) Can Manage Its Debt Responsibly

There's Reason For Concern Over Tianqi Lithium Corporation's (SZSE:002466) Price

Jun 12
There's Reason For Concern Over Tianqi Lithium Corporation's (SZSE:002466) Price

Returns on Capital Paint A Bright Future For Tianqi Lithium (SZSE:002466)

May 21
Returns on Capital Paint A Bright Future For Tianqi Lithium (SZSE:002466)

Time To Worry? Analysts Are Downgrading Their Tianqi Lithium Corporation (SZSE:002466) Outlook

Apr 12
Time To Worry? Analysts Are Downgrading Their Tianqi Lithium Corporation (SZSE:002466) Outlook

Tianqi Lithium Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Apr 01
Tianqi Lithium Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Does Tianqi Lithium (SZSE:002466) Have A Healthy Balance Sheet?

Mar 15
Does Tianqi Lithium (SZSE:002466) Have A Healthy Balance Sheet?

Shareholder Returns

002466CN ChemicalsCN Market
7D-4.3%-2.3%-1.2%
1Y-35.6%0.7%11.8%

Return vs Industry: 002466 underperformed the CN Chemicals industry which returned 0.7% over the past year.

Return vs Market: 002466 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002466's price volatile compared to industry and market?
002466 volatility
002466 Average Weekly Movement9.3%
Chemicals Industry Average Movement8.2%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002466 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002466's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19923,195Juncheng Xiawww.tianqilithium.com

Tianqi Lithium Corporation invests, produces, process, extracts, and sells lithium, lithium concentrate, and the lithium specialty compounds in Australia, Chile, and China. The company’s products include battery and industrial grade lithium carbonate and lithium hydroxide monohydrate, lithium chloride anhydrous, and lithium metal. Tianqi Lithium Corporation was founded in 1992 and is headquartered in Chengdu, the People’s Republic of China.

Tianqi Lithium Corporation Fundamentals Summary

How do Tianqi Lithium's earnings and revenue compare to its market cap?
002466 fundamental statistics
Market capCN¥55.13b
Earnings (TTM)-CN¥6.50b
Revenue (TTM)CN¥17.17b

3.3x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002466 income statement (TTM)
RevenueCN¥17.17b
Cost of RevenueCN¥7.49b
Gross ProfitCN¥9.68b
Other ExpensesCN¥16.18b
Earnings-CN¥6.50b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.97
Gross Margin56.37%
Net Profit Margin-37.87%
Debt/Equity Ratio27.0%

How did 002466 perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

-34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Tianqi Lithium Corporation is covered by 46 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yanlin ZhaoBofA Global Research
Helen LauCCB International Securities Limited
Jun GeChangjiang Securities Co. LTD.