Earnings Alerts

Jiangxi Ganfeng Lithium (002460) Earnings: Reports 760.4M Yuan Net Loss in 1H with 9.59 Billion Yuan Revenue

  • Ganfeng Lithium reported a net loss of 760.4 million yuan for the first half of 2024.
  • The company’s revenue for the same period was 9.59 billion yuan.
  • Analyst recommendations include:
    • 23 buys
    • 4 holds
    • 5 sells

A look at Jiangxi Ganfeng Lithium Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.4

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

Analysts have evaluated Jiangxi Ganfeng Lithium using Smartkarma Smart Scores to predict its long-term performance. With strong scores across Value, Dividend, and Growth factors, the company is positioned positively for the future. Jiangxi Ganfeng Lithium‘s Value and Dividend scores of 4 reflect solid financial health and potential returns for investors. Additionally, a Growth score of 4 suggests promising growth prospects in the lithium industry.

However, the company’s Resilience score of 3 and Momentum score of 2 indicate areas that may require attention. While resilience signifies a moderate ability to weather economic challenges, the lower momentum score suggests potential sluggishness. Overall, Jiangxi Ganfeng Lithium demonstrates strength in key areas, positioning it for long-term success in the lithium market.

### Jiangxi Ganfeng Lithium Co., Ltd. researches and produces lithium products and operates import, export and manufacturing businesses for its own products. The Company’s products include lithium metal, lithium aluminum hydride, lithium fluoride, lithium chloride, and other chemical products of lithium. ###


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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