Tianqi Lithium Corp Class A
002466: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| t# | LOCK|mTkX | LOCK|khr>bc |
For Tianqi and Ganfeng, Profitability Pressure Remains; Tianqi Reports Small Profit
Chinese lithium producers continue to see profit challenges, as Ganfeng reports another losing quarter while Tianqi claws out a small profit. The sluggish revenue and profit were mainly attributable to the decline in lithium compound selling prices and pressured gross margin.
