Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
000792.SZ
STRONG BUYREMOVEQinghai Salt Lake Industry Co.,Ltd · Basic Materials · China · $24.1B · Avg Vol: $433M/d
Qinghai Salt Lake is a low-cost producer of potash and lithium. However, lithium is in a severe cyclical downturn, and the company's state-owned structure and domestic focus do not align with our quality compounder criteria.
COMPANY DESCRIPTION
Qinghai Salt Lake Industry Co., Ltd. is China's largest producer of potash fertilizer, utilizing the massive mineral reserves of the Chaerhan Salt Lake in Qinghai Province. The company plays a critical role in national food security by supplying a significant portion of China's agricultural potassium requirements. Additionally, it is rapidly scaling its lithium carbonate production, leveraging its low-cost brine resources to capture high demand from the electric vehicle battery sector.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 4.5B | 3.2B | 2.2B | 2.3B | -20.4% |
| EPS | 0.43 | 0.22 | 0.13 | 0.24 | -18.3% |
| Shares | 5.4B | 5.4B | 5.4B | 5.3B | -2.6% |
| Debt | 1.0B | 701M | 76M | 189M | -42.8% |
| Equity | 3.7B | 4.7B | 5.4B | 6.6B | 21.3% |
| Op CF | 2.6B | 1.8B | 1.2B | 1.5B | -16.6% |
| Inv CF | -260M | -981M | -951M | -632M | — |
| Fin CF | -701M | -827M | -724M | 19M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 000792.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 000792.SZ | Qinghai Salt Lake Industry Co.,Ltd(you) | $24.1B | 92 | STRONG BUY |
| 600096.SS | Yunnan Yuntianhua Co., Ltd. | $8.3B | 84 | STRONG BUY |
| 002170.SZ | Shenzhen Batian Ecotypic Engineering Co., Ltd. | $1.6B | 95 | STRONG BUY |
| 301035.SZ | Shandong Weifang Rainbow Chemical Co., Ltd | $2.9B | 75 | BUY |
| 3983.HK | China BlueChemical Ltd. | $1.4B | 83 | STRONG BUY |
| 002734.SZ | Limin Group Co.,Ltd. | $1.1B | 85 | STRONG BUY |
| 002588.SZ | Stanley Agriculture Group Co.,Ltd. | $1.5B | 76 | BUY |
| 600596.SS | Zhejiang Xinan Chemical Industrial Group Co.,Ltd | $2.4B | 67 | BUY |
| 1866.HK | China XLX Fertiliser Ltd. | $1.6B | 74 | BUY |
| 002004.SZ | Huapont Life Sciences Co.,Ltd. | $1.3B | 76 | BUY |
Peer medians: ROE 6.1% · P/E 33.7x · Gross margin 17.5%