Tianqi Lithium Corp Class A
002466: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^S | LOCK|#yq! | LOCK|NF<$&@ |
Tianqi and Ganfeng Earnings: Profitability Pressure Remains Amid a Falling Lithium Price
Chinese lithium producers Tianqi and Ganfeng both reported recurring net loss for the third quarter, attributable to the decline in lithium compounds selling prices and drop in gross margin. Tianqi also booked 79% drop in equity income from Sociedad Quimica Y Minera De Chile SA.
