Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002466.SZ
BUYREMOVETianqi Lithium Corporation · Basic Materials · China · $15.9B · Avg Vol: $673M/d
Tianqi Lithium is a major global lithium producer. Despite the long-term electrification trend, lithium is currently suffering from structural oversupply, making this a highly cyclical commodity play that violates our rule against buying commodity cyclicals at cheap multiples.
COMPANY DESCRIPTION
Tianqi Lithium Corporation is a leading global new energy materials company, specializing in the extraction of lithium concentrates and the production of advanced lithium chemical compounds. The company possesses a world-class asset portfolio, including controlling ownership of the Greenbushes mine in Australia and a strategic stake in SQM in Chile, ensuring access to low-cost, high-grade lithium resources. It stands as a dominant global market leader, critically positioned at the forefront of the global electric vehicle and energy storage supply chains.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 6.0B | 6.0B | 1.9B | 1.5B | -36.5% |
| EPS | 2.29 | 0.66 | -0.71 | 0.04 | -73.8% |
| Shares | 1.6B | 1.6B | 1.6B | 1.6B | -0.0% |
| Debt | 1.3B | 1.7B | 2.2B | 2.3B | 20.8% |
| Equity | 7.2B | 7.6B | 6.2B | 6.3B | -4.4% |
| Op CF | 3.0B | 3.4B | 821M | 438M | -47.4% |
| Inv CF | 110M | -299M | -870M | -662M | — |
| Fin CF | -1.6B | -3.5B | -479M | -63M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002466.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002466.SZ | Tianqi Lithium Corporation(you) | $15.9B | 69 | BUY |
| 603256.SS | Grace Fabric Technology Co.,Ltd. | $27.0B | 69 | BUY |
| 002709.SZ | Guangzhou Tinci Materials Technology Co., Ltd. | $15.7B | 83 | STRONG BUY |
| 300285.SZ | Shandong Sinocera Functional Material Co., Ltd. | $7.5B | 70 | BUY |
| 688146.SS | Peric Special Gases Co., Ltd. | $13.7B | 56 | HOLD |
| 300395.SZ | Hubei Feilihua Quartz Glass Co., Ltd. | $10.3B | 61 | HOLD |
| 000703.SZ | Hengyi Petrochemical Co., Ltd. | $7.3B | 71 | BUY |
| 300037.SZ | Shenzhen Capchem Technology Co., Ltd. | $8.2B | 73 | BUY |
| 300054.SZ | Hubei Dinglong CO.,Ltd. | $9.4B | 76 | BUY |
| 603659.SS | Shanghai Putailai New Energy Technology Group Co.,Ltd. | $9.7B | 60 | HOLD |
Peer medians: ROE 6.1% · P/E 33.4x · Gross margin 17.5%