Tianqi Lithium Corp Class A
002466: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| FP? | LOCK|Gpq& | LOCK|Vhs>Xq |
Tianqi Earnings: Quarterly Loss Continued Amid Falling Lithium Prices
Chinese lithium producer Tianqi reported a net loss for the fourth quarter, which was mainly attributable to the decline in lithium compound selling prices and a drop in gross margin. The company also booked a 72% quarter-over-quarter drop in equity income from Sociedad Quimica Y Minera De Chile SA.
