- Tianqi Lithium is reporting a preliminary net loss for the fiscal year between 7.1 billion yuan and 8.2 billion yuan.
- The estimated net loss was initially set at 5.45 billion yuan.
- The company has decided to terminate a project in Australia.
- Fluctuations in the lithium product market have resulted in decreased sales prices and gross profit for Tianqi Lithium.
- Market sentiment on Tianqi Lithium includes 20 buys, 4 holds, and 5 sells.
A look at Tianqi Lithium Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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 the Smartkarma Smart Scores evaluation, Tianqi Lithium shows a promising long-term outlook. With a strong score of 4 for Value and a perfect score of 5 for Dividend, the company demonstrates solid fundamentals and a commitment to rewarding its investors. However, there are areas for potential improvement, as indicated by its Growth score of 2 and Resilience and Momentum scores of 3 each. Despite these lower scores, Tianqi Lithium‘s focus on manufacturing and selling a variety of lithium products positions it well in the market.
Sichuan Tianqi Lithium Industries, Inc. is primarily involved in the development, production, and marketing of lithium products. Its product range includes industrial lithium carbonate, battery lithium carbonate, lithium chloride, and lithium hydroxide. The company’s Smart Scores highlight its value and dividend performance, suggesting a stable and potentially rewarding investment choice for the long term, while also indicating room for growth and improvement in resilience and momentum.
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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