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Ganfeng Lithium Group XSEC:002460 Stock Report

Last Price

CN¥36.37

Market Cap

CN¥67.8b

7D

-0.6%

1Y

-43.2%

Updated

06 May, 2024

Data

Company Financials +

Ganfeng Lithium Group Co., Ltd.

XSEC:002460 Stock Report

Market Cap: CN¥67.8b

2460 Stock Overview

Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally.

2460 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends3/6

Ganfeng Lithium Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ganfeng Lithium Group
Historical stock prices
Current Share PriceCN¥36.37
52 Week HighCN¥70.50
52 Week LowCN¥30.80
Beta0.75
1 Month Change-8.82%
3 Month Change6.66%
1 Year Change-43.17%
3 Year Change-54.25%
5 Year Change112.34%
Change since IPO162.92%

Recent News & Updates

Recent updates

Shareholder Returns

2460CN ChemicalsCN Market
7D-0.6%2.3%1.2%
1Y-43.2%-16.6%-12.6%

Return vs Industry: 002460 underperformed the CN Chemicals industry which returned -16.6% over the past year.

Return vs Market: 002460 underperformed the CN Market which returned -12.6% over the past year.

Price Volatility

Is 2460's price volatile compared to industry and market?
2460 volatility
2460 Average Weekly Movement6.8%
Chemicals Industry Average Movement8.1%
Market Average Movement8.1%
10% most volatile stocks in CN Market11.8%
10% least volatile stocks in CN Market4.9%

Stable Share Price: 002460 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002460's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200014,481Liangbin Liwww.ganfenglithium.com

Ganfeng Lithium Group 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; Goulamina spodumene ore project located in southern Mali, Africa; PPG lithium salt-lake project located in Salta Province, Argentina; and Songshugang tantalum-niobium mine project located in Jiangxi Province.

Ganfeng Lithium Group Co., Ltd. Fundamentals Summary

How do Ganfeng Lithium Group's earnings and revenue compare to its market cap?
2460 fundamental statistics
Market capCN¥67.82b
Earnings (TTM)CN¥2.11b
Revenue (TTM)CN¥28.59b

34.5x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2460 income statement (TTM)
RevenueCN¥28.59b
Cost of RevenueCN¥28.86b
Gross Profit-CN¥271.76m
Other Expenses-CN¥2.38b
EarningsCN¥2.11b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin-0.95%
Net Profit Margin7.38%
Debt/Equity Ratio49.1%

How did 2460 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

76%

Payout Ratio
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