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Tianqi Lithium SZSE:002466 Stock Report

Last Price

CN¥33.35

Market Cap

CN¥52.9b

7D

-0.2%

1Y

-39.1%

Updated

20 Oct, 2024

Data

Company Financials +

Tianqi Lithium Corporation

SZSE:002466 Stock Report

Market Cap: CN¥52.9b

002466 Stock Overview

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

002466 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends3/6

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¥33.35
52 Week HighCN¥60.98
52 Week LowCN¥24.44
Beta1
11 Month Change33.72%
3 Month Change15.04%
1 Year Change-39.06%
33 Year Change-65.39%
5 Year Change28.42%
Change since IPO128.89%

Recent News & Updates

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

Recent updates

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-0.2%1.5%2.7%
1Y-39.1%-7.9%4.6%

Return vs Industry: 002466 underperformed the CN Chemicals industry which returned -7.9% over the past year.

Return vs Market: 002466 underperformed the CN Market which returned 4.6% over the past year.

Price Volatility

Is 002466's price volatile compared to industry and market?
002466 volatility
002466 Average Weekly Movement9.2%
Chemicals Industry Average Movement7.1%
Market Average Movement7.6%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.3%

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¥52.89b
Earnings (TTM)-CN¥4.36b
Revenue (TTM)CN¥22.10b

2.5x

P/S Ratio

-12.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002466 income statement (TTM)
RevenueCN¥22.10b
Cost of RevenueCN¥7.01b
Gross ProfitCN¥15.09b
Other ExpensesCN¥19.45b
Earnings-CN¥4.36b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)-2.66
Gross Margin68.26%
Net Profit Margin-19.73%
Debt/Equity Ratio25.7%

How did 002466 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

-51%

Payout Ratio