company background image
2466 logo

Tianqi Lithium SZSE:002466 Stock Report

Last Price

CN¥39.19

Market Cap

CN¥62.3b

7D

-18.8%

1Y

-44.7%

Updated

25 Apr, 2024

Data

Company Financials +

Tianqi Lithium Corporation

SZSE:002466 Stock Report

Market Cap: CN¥62.3b

2466 Stock Overview

Tianqi Lithium Corporation produce, process, and sale of lithium concreate and chemical products in Australia, Chile, the United Kingdom, and China.

2466 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

Tianqi Lithium Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tianqi Lithium
Historical stock prices
Current Share PriceCN¥39.19
52 Week HighCN¥83.70
52 Week LowCN¥37.45
Beta0.94
1 Month Change-20.70%
3 Month Change-28.49%
1 Year Change-44.69%
3 Year Change-17.23%
5 Year Change32.26%
Change since IPO168.97%

Recent News & Updates

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

Recent updates

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

2466CN ChemicalsCN Market
7D-18.8%-1.4%-0.4%
1Y-44.7%-21.2%-14.4%

Price Volatility

Is 2466's price volatile compared to industry and market?
2466 volatility
2466 Average Weekly Movement7.3%
Chemicals Industry Average Movement8.8%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Volatility Over Time: 002466's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19923,195Juncheng Xiawww.tianqilithium.com

Tianqi Lithium Corporation produce, process, and sale of lithium concreate and chemical products in Australia, Chile, the United Kingdom, and China. Its 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?
2466 fundamental statistics
Market capCN¥62.27b
Earnings (TTM)CN¥7.30b
Revenue (TTM)CN¥40.50b

8.8x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2466 income statement (TTM)
RevenueCN¥40.50b
Cost of RevenueCN¥6.82b
Gross ProfitCN¥33.68b
Other ExpensesCN¥26.38b
EarningsCN¥7.30b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)4.45
Gross Margin83.15%
Net Profit Margin18.02%
Debt/Equity Ratio19.3%

How did 2466 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

30%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.