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Ganfeng Lithium

DB:39EA
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
39EA
DB
CN¥27B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Ganfeng Lithium Co., Ltd. manufactures and sells various lithium products in Mainland China, Hong Kong, and internationally. The last earnings update was 78 days ago. More info.


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39EA Share Price and Events
7 Day Returns
0%
DB:39EA
-6.4%
DE Metals and Mining
-1%
DE Market
1 Year Returns
-
DB:39EA
-41.7%
DE Metals and Mining
-6.2%
DE Market
39EA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ganfeng Lithium (39EA) 0% -1% - - - -
DE Metals and Mining -6.4% -1.8% -15.3% -41.7% -33.4% -37%
DE Market -1% 2.1% -1.8% -6.2% 10.4% 12.6%
1 Year Return vs Industry and Market
  • No trading data on 39EA.
  • No trading data on 39EA.
Price Volatility
39EA
Industry
5yr Volatility vs Market

39EA Value

 Is Ganfeng Lithium undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ganfeng Lithium to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ganfeng Lithium.

DB:39EA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:39EA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.053 (1 + (1- 25%) (10.84%))
1.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.093 * 5.96%)
6.74%

Discounted Cash Flow Calculation for DB:39EA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ganfeng Lithium is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:39EA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 6.74%)
2020 1,194.00 Analyst x2 1,118.58
2021 825.00 Analyst x1 724.07
2022 614.33 Est @ -25.54% 505.11
2023 504.94 Est @ -17.81% 388.95
2024 442.35 Est @ -12.4% 319.21
2025 404.27 Est @ -8.61% 273.30
2026 380.18 Est @ -5.96% 240.78
2027 364.59 Est @ -4.1% 216.32
2028 354.37 Est @ -2.8% 196.97
2029 347.66 Est @ -1.89% 181.04
Present value of next 10 years cash flows CN¥4,164.32
DB:39EA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥347.66 × (1 + 0.23%) ÷ (6.74% – 0.23%)
CN¥5,348.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥5,348.67 ÷ (1 + 6.74%)10
CN¥2,785.25
DB:39EA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥4,164.32 + CN¥2,785.25
CN¥6,949.58
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥6,949.58 / 1,315.08
CN¥5.28
DB:39EA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:39EA represents 0.05382x of SZSE:002460
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.05382x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CNY) x Listing Adjustment Factor
= CN¥ 5.28 x 0.05382
€0.28
Value per share (EUR) From above. €0.28
Current discount Discount to share price of €1.22
= -1 x (€1.22 - €0.28) / €0.28
-329%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Ganfeng Lithium is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ganfeng Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ganfeng Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:39EA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CNY CN¥1.08
SZSE:002460 Share Price ** SZSE (2019-07-16) in CNY CN¥22.67
Europe Metals and Mining Industry PE Ratio Median Figure of 106 Publicly-Listed Metals and Mining Companies 10.07x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 19.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ganfeng Lithium.

DB:39EA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SZSE:002460 Share Price ÷ EPS (both in CNY)

= 22.67 ÷ 1.08

21.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganfeng Lithium is overvalued based on earnings compared to the Europe Metals and Mining industry average.
  • Ganfeng Lithium is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Ganfeng Lithium's expected growth come at a high price?
Raw Data
DB:39EA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
16.5%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 63 Publicly-Listed Metals and Mining Companies 0.64x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:39EA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.01x ÷ 16.5%

1.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganfeng Lithium is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Ganfeng Lithium's assets?
Raw Data
DB:39EA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CNY CN¥6.19
SZSE:002460 Share Price * SZSE (2019-07-16) in CNY CN¥22.67
Germany Metals and Mining Industry PB Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 2.82x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
DB:39EA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SZSE:002460 Share Price ÷ Book Value per Share (both in CNY)

= 22.67 ÷ 6.19

3.66x

* Primary Listing of Ganfeng Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganfeng Lithium is overvalued based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Ganfeng Lithium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ganfeng Lithium has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

39EA Future Performance

 How is Ganfeng Lithium expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ganfeng Lithium expected to grow at an attractive rate?
  • Ganfeng Lithium's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Ganfeng Lithium's earnings growth is expected to exceed the Germany market average.
  • Ganfeng Lithium's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:39EA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:39EA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 16.5%
DB:39EA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 14.3%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 46.9%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:39EA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:39EA Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 7,879 1,645 1,887 2
2020-12-31 6,900 1,492 1,671 10
2019-12-31 6,017 1,336 1,343 1
DB:39EA Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-03-31 5,284 1,055 1,238
2018-12-31 5,004 685 1,223
2018-09-30 5,135 476 1,452
2018-06-30 5,090 830 1,578
2018-03-31 4,808 397 1,571
2017-12-31 4,383 504 1,469
2017-09-30 3,664 249 982
2017-06-30 3,126 51 794
2017-03-31 2,806 594 493
2016-12-31 2,844 658 464
2016-09-30 2,509 797 526
2016-06-30 2,153 568 352

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ganfeng Lithium's earnings are expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).
  • Ganfeng Lithium's revenue is expected to grow by 14.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:39EA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Ganfeng Lithium Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:39EA Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.42 1.75 1.08 7.00
2020-12-31 1.41 2.92 0.90 9.00
2019-12-31 1.10 1.33 0.94 5.00
DB:39EA Past Financials Data
Date (Data in CNY Millions) EPS *
2019-03-31 1.08
2018-12-31 1.07
2018-09-30 1.32
2018-06-30 1.43
2018-03-31 1.41
2017-12-31 1.32
2017-09-30 0.88
2017-06-30 0.70
2017-03-31 0.44
2016-12-31 0.41
2016-09-30 0.45
2016-06-30 0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Ganfeng Lithium is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Ganfeng Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ganfeng Lithium has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

39EA Past Performance

  How has Ganfeng Lithium performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ganfeng Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ganfeng Lithium has delivered over 20% year on year earnings growth in the past 5 years.
  • Ganfeng Lithium's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ganfeng Lithium's 1-year earnings growth is negative, it can't be compared to the Europe Metals and Mining industry average.
Earnings and Revenue History
Ganfeng Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ganfeng Lithium Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:39EA Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 5,283.69 1,238.10 339.14 67.91
2018-12-31 5,003.88 1,223.29 367.77 62.53
2018-09-30 5,134.95 1,451.68 343.31 39.44
2018-06-30 5,089.99 1,578.36 319.00 50.62
2018-03-31 4,808.39 1,570.55 264.71 50.62
2017-12-31 4,383.45 1,469.08 210.35 37.96
2017-09-30 3,663.53 982.09 158.76 27.20
2017-06-30 3,126.16 793.59 182.14
2017-03-31 2,806.01 493.40 169.64
2016-12-31 2,844.12 464.37 161.32
2016-09-30 2,509.43 526.38 139.73
2016-06-30 2,152.74 352.29 126.58
2016-03-31 1,787.66 208.41 117.82
2015-12-31 1,353.92 125.15 109.00
2015-09-30 1,107.17 110.50 95.75
2015-06-30 1,006.95 97.61 88.92
2015-03-31 921.22 90.23 85.67
2014-12-31 869.48 85.73 83.69
2014-09-30 819.06 80.48 77.72
2014-06-30 764.27 78.37 72.81
2014-03-31 707.02 76.32 68.97
2013-12-31 686.27 74.12 68.48
2013-09-30 666.90 70.40 68.90
2013-06-30 657.73 71.92 62.18
2013-03-31 641.06 69.91 58.98
2012-12-31 628.15 69.64 55.84
2012-09-30 605.08 64.77 53.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ganfeng Lithium has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ganfeng Lithium used its assets more efficiently than the Europe Metals and Mining industry average last year based on Return on Assets.
  • Ganfeng Lithium's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ganfeng Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ganfeng Lithium has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

39EA Health

 How is Ganfeng Lithium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ganfeng Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ganfeng Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ganfeng Lithium's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ganfeng Lithium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ganfeng Lithium Company Filings, last reported 3 months ago.

DB:39EA Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 8,207.12 2,950.01 3,546.02
2018-12-31 7,977.17 2,775.91 3,798.07
2018-09-30 4,926.16 1,962.68 1,128.75
2018-06-30 4,600.77 2,284.39 1,701.58
2018-03-31 4,298.76 2,077.70 2,090.99
2017-12-31 4,043.17 2,197.99 2,431.54
2017-09-30 3,035.73 2,002.92 819.42
2017-06-30 2,706.49 1,841.89 456.01
2017-03-31 2,618.03 1,140.07 429.46
2016-12-31 2,490.51 594.63 263.04
2016-09-30 2,283.92 448.95 286.54
2016-06-30 2,078.01 441.15 197.73
2016-03-31 1,999.54 475.67 167.94
2015-12-31 1,883.19 284.70 182.16
2015-09-30 1,816.17 364.58 129.33
2015-06-30 1,406.57 425.44 345.76
2015-03-31 1,413.88 376.99 463.08
2014-12-31 1,387.78 334.48 439.06
2014-09-30 1,380.55 177.06 216.15
2014-06-30 1,384.70 142.04 344.43
2014-03-31 1,364.32 189.74 397.21
2013-12-31 1,313.49 273.95 544.90
2013-09-30 840.72 232.76 67.34
2013-06-30 823.33 199.15 87.71
2013-03-31 833.09 117.94 72.39
2012-12-31 810.61 70.72 88.66
2012-09-30 799.32 43.37 127.65
  • Ganfeng Lithium's level of debt (35.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (13.9% vs 35.9% today).
  • Debt is well covered by operating cash flow (35.8%, greater than 20% of total debt).
  • Ganfeng Lithium earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Ganfeng Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ganfeng Lithium has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

39EA Dividends

 What is Ganfeng Lithium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.32%
Current annual income from Ganfeng Lithium dividends. Estimated to be 1.65% next year.
If you bought €2,000 of Ganfeng Lithium shares you are expected to receive €26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ganfeng Lithium's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Ganfeng Lithium's dividend is below the markets top 25% of dividend payers in Germany (3.82%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:39EA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:39EA Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.35 4.00
2020-12-31 0.42 5.00
2019-12-31 0.33 3.00
DB:39EA Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-06-11 0.300 1.259
2018-05-03 0.267 0.943
2017-05-11 0.067 0.157
2016-04-11 0.050 0.235
2015-06-01 0.033 0.305
2014-06-09 0.025 0.376
2013-06-14 0.033 0.848
2012-05-10 0.033 0.928
2011-04-19 0.044 1.017
2011-04-18 0.044 0.876

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganfeng Lithium has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Ganfeng Lithium only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Ganfeng Lithium's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.7x coverage).
X
Income/ dividend checks
We assess Ganfeng Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ganfeng Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ganfeng Lithium has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

39EA Management

 What is the CEO of Ganfeng Lithium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Liangbin Li
COMPENSATION CN¥694,000
AGE 52
TENURE AS CEO 8.6 years
CEO Bio

Mr. Liangbin Li has been Chairman of Jiangxi Ganfeng Lithium Co., Ltd. since December 6, 2007 and also has been its President since December 27, 2010 and Executive Director since December 29, 2017. He also served as Director of Jiangxi Ganfeng Lithium Co., Ltd. since December 6, 2007.

CEO Compensation
  • Liangbin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Liangbin's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Ganfeng Lithium management team in years:

8.3
Average Tenure
50.5
Average Age
  • The average tenure for the Ganfeng Lithium management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Liangbin Li

TITLE
Chairman & President
COMPENSATION
CN¥694K
AGE
52
TENURE
8.6 yrs

Xiaoshen Wang

TITLE
Vice Chairman & VP
COMPENSATION
CN¥660K
AGE
51
TENURE
8.6 yrs

Zhaonan Deng

TITLE
VP & Executive Director
COMPENSATION
CN¥1M
AGE
52
TENURE
7.9 yrs

Haibo Shen

TITLE
VP & Executive Director
COMPENSATION
CN¥2M
AGE
51
TENURE
8.6 yrs

Xiaoxiong Xu

TITLE
Executive Director
COMPENSATION
CN¥681K
AGE
39

Manying Yang

TITLE
VP & CFO
AGE
54
TENURE
5.3 yrs

Jian Hua Xu

TITLE
Vice President
AGE
50

Ming Liu

TITLE
Vice President
AGE
39
TENURE
8.6 yrs

Ming Ouyang

TITLE
VP & Secretary of the Board
AGE
44
TENURE
5.1 yrs

Yuchen Ren

TITLE
Joint Company Secretary
AGE
27
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Ganfeng Lithium board of directors in years:

5.6
Average Tenure
51.5
Average Age
  • The tenure for the Ganfeng Lithium board of directors is about average.
Board of Directors

Liangbin Li

TITLE
Chairman & President
COMPENSATION
CN¥694K
AGE
52
TENURE
11.6 yrs

Xiaoshen Wang

TITLE
Vice Chairman & VP
COMPENSATION
CN¥660K
AGE
51
TENURE
8.6 yrs

Zhaonan Deng

TITLE
VP & Executive Director
COMPENSATION
CN¥1M
AGE
52
TENURE
5.6 yrs

Haibo Shen

TITLE
VP & Executive Director
COMPENSATION
CN¥2M
AGE
51
TENURE
11.6 yrs

Xiaoxiong Xu

TITLE
Executive Director
COMPENSATION
CN¥681K
AGE
39
TENURE
2.3 yrs

Huaping Guo

TITLE
Independent Non-Executive Director
AGE
56
TENURE
5.6 yrs

Jun Liu

TITLE
Independent Non-Executive Director
AGE
56
TENURE
3.3 yrs

Huasheng Huang

TITLE
Independent Non-Executive Director
AGE
50
TENURE
5.2 yrs

Yong Gong

TITLE
Chairman of the board of Supervisors
AGE
35
TENURE
1.6 yrs

Daifang Huang

TITLE
Non-Executive Director
COMPENSATION
CN¥77K
AGE
56
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Jul 19 Sell Oaktree Capital Management, L.P. Company 09. Jul 19 09. Jul 19 -293,733 €1.26 €-371,131
29. Jan 19 Buy Shanghai International Trust Co., Ltd. Company 11. Oct 18 11. Oct 18 14,247,400 €1.82 €25,962,024
25. Oct 18 Buy LG Chem, Ltd. Company 11. Oct 18 11. Oct 18 23,745,600 €1.82 €43,269,918
24. Oct 18 Buy Citigroup Inc.,Banking and Securities Investments Company 19. Oct 18 19. Oct 18 700,000 €1.43 €1,001,135
16. Oct 18 Buy Citigroup Inc.,Banking and Securities Investments Company 11. Oct 18 11. Oct 18 27,783,200 €1.62 €44,974,868
19. Oct 18 Buy Citigroup Inc.,Banking and Securities Investments Company 15. Oct 18 15. Oct 18 510,000 €1.42 €723,139
18. Oct 18 Sell Citigroup Inc.,Banking and Securities Investments Company 12. Oct 18 12. Oct 18 -4,000,000 €1.82 €-7,289,299
16. Oct 18 Buy Oaktree Capital Management, L.P. Company 11. Oct 18 11. Oct 18 1,069,305 €1.82 €1,612,851
X
Management checks
We assess Ganfeng Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ganfeng Lithium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

39EA News

Simply Wall St News

39EA Company Info

Description

Ganfeng Lithium Co., Ltd. manufactures and sells various lithium products in Mainland China, Hong Kong, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Other. It offers battery grade lithium carbonate, battery-grade lithium hydroxide, lithium chloride, and lithium fluoride; lithium metals in the form of ingots, foils, and rods; and lithium-ion motive power batteries, energy storage batteries, and consumer batteries. The company also explores for and sells lithium ores; and provides lithium recycling solutions. Its products are used in the manufacturing of electric vehicles, chemicals, and pharmaceuticals. Ganfeng Lithium Co., Ltd. was founded in 2000 and is headquartered in Xinyu, China.

Details
Name: Ganfeng Lithium Co., Ltd.
39EA
Exchange: DB
Founded: 2000
CN¥3,530,188,199
1,315,084,256
Website: http://www.ganfenglithium.com
Address: Ganfeng Lithium Co., Ltd.
No. 608, Nan Yuan Road,
Chengdong Hi Tech Development Zone,
Xinyu,
Jiangxi Province, 338015,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SZSE 002460 Domestic Shares Shenzhen Stock Exchange CN CNY 10. Aug 2010
XSEC 002460 Domestic Shares Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect CN CNY 10. Aug 2010
SEHK 1772 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 11. Oct 2018
OTCPK GNEN.F Foreign Shares-Foreign Listed Pink Sheets LLC US USD 11. Oct 2018
DB 39EA Foreign Shares-Foreign Listed Deutsche Boerse AG DE EUR 11. Oct 2018
BST 39EA Foreign Shares-Foreign Listed Boerse-Stuttgart DE EUR 11. Oct 2018
SZSC 1772 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 11. Oct 2018
Number of employees
Current staff
Staff numbers
4,597
Ganfeng Lithium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 22:44
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/15
Last earnings filing: 2019/04/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.