Earnings Alerts

Tianqi Lithium (002466) Earnings Report: Prelim 1H Net Loss of 4.88B-5.53B Yuan Due to Price Declines

  • Company Name: Tianqi Lithium
  • Financial Period: First Half of 2024
  • Preliminary Net Loss: Between 4.88 billion yuan and 5.53 billion yuan
  • Main Reason for Net Loss: Decline in prices
  • Analyst Ratings:
    • 23 Buys
    • 1 Hold
    • 6 Sells

A look at Tianqi Lithium Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.6

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

According to Smartkarma Smart Scores, Tianqi Lithium is rated highly in several key factors including Value, Dividend, and Growth. The company scores well in providing good value, offering strong dividend payouts, and showing potential for growth. Additionally, Tianqi Lithium has a moderate score for Resilience, indicating a reasonable ability to withstand market challenges. However, the company’s Momentum score is relatively low, suggesting a slower pace in terms of stock price movement. Overall, with solid ratings in Value, Dividend, and Growth, Tianqi Lithium seems to have a positive long-term outlook, supported by its diverse range of lithium products.

Sichuan Tianqi Lithium Industries, Inc., the developer, manufacturer, and seller of lithium products, including industrial lithium carbonate, battery lithium carbonate, lithium chloride, and lithium hydroxide, stands out with its favorable Smartkarma Smart Scores. With strong scores in key areas such as Value and Dividend, coupled with a promising Growth outlook, Tianqi Lithium appears well-positioned for sustained success in the long run. Despite facing some resilience challenges and displaying a lower Momentum score, the company’s robust product portfolio and strategic focus on the lithium market bode well for its future prospects.


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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