002466 Tianqi Lithium Corporation
- 38.36
- -0.27-0.70%
Tianqi Lithium Corporation News
[Broker Focus] The target price of Daimo Tianqi Lithium (09696) is 19.2% to HK$42 and is expected to lose money per share this year
Jinwu Financial News | According to Morgan Stanley Research, in the long run, Tianqi Lithium (09696) imports ore from its Greenbushes mine while maintaining cost competitiveness while increasing midstream production capacity to make better use of its upstream resources. The bank said that by the end of 2023, about 200,000 tons of 409,000 tons of spodumene were already in China. When spodumene is converted into a product and sold, Tianqi Lithium may still incur losses. However, subsequent purchases may help dilute spodumene inventory costs under the moving average method. The bank expects Tianqi Lithium to perform well this year, and there will be a loss per share in earnings estimates. This line
Damo: Maintaining Tianqi Lithium's (09696) “Gain” Rating and Lowering the Target Price to HK$42
Damo expects Tianqi Lithium (09696) to perform well this year.
Changes in Hong Kong stocks | Lithium salt prices are still under downward pressure Ganfeng Lithium (01772) fell by more than 4% Tianqi Lithium (09696) fell by more than 3%
The Zhitong Finance App learned that lithium stocks generally declined in early trading. As of press release, Ganfeng Lithium (01772) fell 4.28% to HK$25.75; Tianqi Lithium (09696) fell 2.89% to HK$31.9. Societe Generale Securities pointed out that according to Baichuan data, the average price of electricity and carbon this Tuesday was 112,000 yuan/ton, a slight increase of 0.05 million yuan/ton over the previous month. Production by enterprises in the Jiangxi region has gradually resumed, and production in Qinghai Salt Lake has increased. Lithium carbonate production is expected to increase 1.63% month-on-month this week. On the demand side, downstream demand growth slowed in May. Currently, price pressure sentiment in Cathode factories is strong, and procurement is cautious. From supply and demand
Tianqi Lithium (002466.SZ): As of the end of March 2024, the company's lithium chemical product production base still had a certain amount of lithium concentrate purchased from Thalison in 2023
Gelonghui, May 10 | Tianqi Lithium (002466.SZ) said on the investor interactive platform that by the end of March 2024, the company's lithium chemical product production base still had a certain amount of lithium concentrate purchased from Thalison in 2023. The cost carry-over based on the company's raw material shipment and sales of finished products is measured using a mobile weighted average method. It is expected that as the pricing cycle for Wenfield lithium ore is shortened, lithium ore prices will fall from a high level and gradually stabilize, compounded by the storage of chemical-grade lithium concentrate newly purchased by the company from Thalison, and the stable production, operation and sales of the company's lithium chemical product production base to the existing lithium concentrate inventory
Everbright Securities: The current round of industry clearance or the lithium carbonate sector may be gradually increased
Everbright Securities released a research report saying that considering that several well-known Australian mines have stopped production and reduced production since the beginning of 2024, while leading companies in the industry have reported losses in a single quarter, this round of industry clearance may have begun.
Hong Kong Stock Concept Tracking | The Ministry of Industry and Information Technology plans to guide lithium battery companies to reduce manufacturing project institutions that simply expand production capacity, are optimistic about stabilizing prices in
The Ministry of Industry and Information Technology plans to guide lithium battery companies to reduce manufacturing projects that simply expand production capacity
Changes in Hong Kong stocks | Comments on the new lithium battery industry specifications Ganfeng Lithium (01772) rose more than 4% Tianqi Lithium (09696) rose more than 3%
Lithium stocks were higher in early trading. As of press release, Ganfeng Lithium (01772) rose 4.01% to HK$25.95; Tianqi Lithium (09696) rose 2.71% to HK$32.2.
Tianqi Lithium (002466.SZ): In 2023, high profit at the Wenfield level due to the high sales price of lithium ore was achieved in the first quarter of 2024, resulting in higher profit and loss for minority shareholders in the first quarter of 2024
On May 8, GLONGHUI | Tianqi Lithium (002466.SZ) said on the investor interactive platform that the company holds 51% of TLEA's shares and controls TLEA; TLEA holds 51% of Wenfield's shares. The company controls Wenfield through its holding subsidiary TLEA and indirectly holds 26.01% of Wenfield's shares, with minority shareholders holding the remaining shares. When the company achieved external sales of lithium products at the merger level, minority shareholders enjoyed Wenfield's gross profit from selling lithium ore to Tianqi Lithium's lithium compound production base according to the shareholding ratio. Vinfield level due to the high price of lithium ore in 2023
Guolian Securities: The lithium battery equipment industry is expected to usher in a boom after the domestic market is phased out
Guolian Securities believes that it is currently at the bottom of the main lithium battery industry chain. After experiencing this round of industry adjustments, advanced production capacity in the market is still insufficient, and against the backdrop of continued growth in terminal demand, leading domestic lithium battery companies may restart and expand production in order to consolidate their market share.
Macquarie: The target price for Tianqi Lithium (09696) to “outperform the market” rating was lowered to HK$41.1
Macquarie lowered Tianqi Lithium's (09696) net profit forecast for the 2024 and 2025 fiscal years by 99% and 70%, respectively.
Why The 37% Return On Capital At Tianqi Lithium (SZSE:002466) Should Have Your Attention
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'd want to identify a growing return on capital e
Lithium batteries have brought a benefit
Marginal improvement
Changes in Hong Kong stocks | Tianqi Lithium (09696) fell by more than 4%, high-priced inventory and SQM tax orders bottomed out Q1 profits. Institutions indicate that industry clearance has not yet begun
Tianqi Lithium (09696) fell by more than 4%. As of press release, it was down 4.04% to HK$32.1, with a turnover of HK$51.426,800.
[Hong Kong Stock Connect] Tianqi Lithium (09696) rose 5.8%, Citi expects it to turn a loss into a profit in the second half of this year
Jinwu Financial News | Tianqi Lithium (09696) had a strong stock price in early trading. It was tentatively reported at HK$33.75, up 5.8%, with a turnover of HK$6.812 million. According to the news, Citi raised Tianqi Lithium's stock rating because it is expected that the lithium product manufacturer will turn a loss into a profit starting in the second half of this year, and the ratings for both A shares and H shares have been raised to buy.
Tianqi Lithium Chairman Passes On Board Leadership to Daughter
Tianqi Lithium (HKG:9696, SHE:002466) Chairman Jiang Weiping will resign to give way to his daughter, Jiang Anqi, according to a Monday filing with the Hong Kong bourse. Jiang Anqi has been the vice c
Tianqi Lithium will pay a final 2023 dividend of 1.35 yuan per share on July 28
Tianqi Lithium (09696) announced that it will pay a final 2023 dividend of 1.35 yuan per share on July 28, 2024.
Tianqi Lithium (09696) will pay a final 2023 dividend of 1.35 yuan per share on July 28
Tianqi Lithium (09696) announced that it will pay a 2023 final dividend of 1 per share on July 28, 2024...
Tianqi Lithium (09696) elected Jiang Anqi as chairman
Tianqi Lithium (09696) issued an announcement. Jiang Weiping plans to hand over the leadership of corporate governance to the new generation to lead the company...
Tianqi Lithium (09696) announced first-quarter results with a net loss attributable to shareholders of listed companies of about 3,897 billion yuan year-on-year profit and loss
Tianqi Lithium (09696) announced results for the first quarter of 2024, with revenue of about 2,585 billion yuan, a year-on-year decrease...
天齊鋰業：內幕消息/海外監管公告 - 2024年第一季度報告
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