- Based on preliminary estimates, Tianqi Lithium reports a net loss between 3.6 billion yuan to 4.3 billion yuan in the first quarter.
- This considerable loss drastically contrasts with Tianqi’s performance in the previous year, which saw the company attain a net income of 4.88 billion yuan.
- The company has attributed this negative shift to a significant drop in lithium product prices compared to the same period last year.
- Despite the current financial hurdle, Tianqi still garnered substantial interest in the market with 21 buy recommendations.
- Furthermore, the company received 7 sell recommendations and 1 hold recommendation, indicating a varied sentiment amongst investors.
A look at Tianqi Lithium Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tianqi Lithium appears to have a solid long-term outlook. With high scores in Dividend and Growth, the company seems well-positioned for future expansion and sustainable returns for investors. Additionally, a strong Value score suggests that the market may be undervaluing the company’s potential. However, the lower Resilience score indicates that Tianqi Lithium may face some challenges in adapting to market changes. Overall, with positive Momentum and strong fundamentals in Dividend and Growth, Tianqi Lithium shows promise for long-term success in the lithium industry.
Sichuan Tianqi Lithium Industries, Inc. focuses on developing, manufacturing, and selling various lithium products, including industrial lithium carbonate, battery lithium carbonate, lithium chloride, and lithium hydroxide. With a solid foundation in lithium products and with high scores in Dividend and Growth, Tianqi Lithium stands out as a key player in the industry with potential for continued success and expansion in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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