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Tianqi Lithium Corp. Class H ( (HK:9696) ) has shared an update.
Tianqi Lithium has issued a profit alert indicating a dramatic turnaround in its first-quarter 2026 results, forecasting net profit attributable to shareholders of RMB1.7 billion to RMB2.0 billion, versus just RMB104.27 million a year earlier. Basic earnings per share are expected to rise to between RMB1.01 and RMB1.19, with net profit after non-recurring items also surging, underlining a sharp improvement in core profitability.
The company attributes this performance to a significant revenue increase driven by expansion in the new energy sector, stronger downstream demand and a marked year-on-year rise in average selling prices for its main lithium products. Tianqi also expects substantially higher investment income from its associate SQM based on external earnings forecasts, while cautioning that the figures are preliminary and may differ from audited results once SQM reports its actual quarterly numbers.
The most recent analyst rating on (HK:9696) stock is a Hold with a HK$57.30 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.
More about Tianqi Lithium Corp. Class H
Tianqi Lithium Corporation is a China-based lithium producer focused on supplying key materials for the new energy sector. The group manufactures major lithium products used in batteries and related applications, positioning itself as a significant upstream player in the global new energy and electric-vehicle supply chain.
Average Trading Volume: 5,813,652
Technical Sentiment Signal: Buy
Current Market Cap: HK$117.2B
Find detailed analytics on 9696 stock on TipRanks’ Stock Analysis page.