Earnings Alerts

Tianqi Lithium (002466) Earnings: FY Net Loss at 7.90B Yuan, Exceeding Estimated Loss of 5.86B Yuan

  • Tianqi Lithium reported a net loss of 7.90 billion yuan for the fiscal year.
  • The expected net loss was 5.86 billion yuan, indicating a greater loss than anticipated.
  • Revenue for the year amounted to 13.06 billion yuan.
  • The loss per share was recorded at 4.82 yuan.
  • Analyst ratings for Tianqi Lithium include 19 buys, 4 holds, and 5 sells.

A look at Tianqi Lithium Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth2
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

Based on Smartkarma Smart Scores, Tianqi Lithium seems to have a positive long-term outlook. The company scored high in value and dividend factors, indicating strong financial health and potential for good returns to shareholders. However, its growth and momentum scores are lower, suggesting slower growth and potentially less market momentum in the near future. With a moderate score in resilience, Tianqi Lithium demonstrates some ability to weather economic downturns.

Sichuan Tianqi Lithium Industries, Inc. is a company that develops, manufactures, and sells various lithium products including industrial lithium carbonate, battery lithium carbonate, lithium chloride, and lithium hydroxide. It has been rated highly in terms of value and dividend factors, suggesting a solid foundation for future performance in the lithium market.


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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