Tianqi Lithium Corp Class A
002466: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| KK | LOCK|b!^pm | LOCK|BJXX^NT |
Tianqi Earnings: Results Missed; Prolonged Margin Pressure Amid Falling Lithium Price
Tianqi reported a small net loss for the second quarter, which was mainly attributable to the decline in lithium compounds prices and a drop in gross margin. The company booked a 74% quarter-on-quarter decline in equity income from Sociedad Quimica Y Minera De Chile SA.
