Tianqi Lithium Posts Surging Q1 2026 Profit Despite Weaker Cash Flow

Tianqi Lithium Corp. Class H ( (HK:9696) ) has provided an announcement.

Tianqi Lithium Corporation reported a sharp rebound in performance for the first quarter of 2026, with operating income reaching RMB 5.13 billion, up 98.44% year on year, and net profit attributable to shareholders surging to RMB 1.88 billion, a 1,699.12% increase. Profitability improved markedly, as net profit after deducting non-recurring items jumped nearly fortyfold and basic earnings per share rose to RMB 1.12, while the weighted average return on net assets climbed to 4.31%.

Despite the strong earnings recovery, the company’s net cash flow from operating activities fell 72.77% to RMB 259 million, pointing to pressure on cash generation even as profits rose. Management affirmed the accuracy and completeness of the unaudited figures prepared under Chinese accounting standards, signaling improved earnings quality but also highlighting the need for investors to monitor liquidity alongside the earnings upturn.

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 Chinese lithium producer focused on the mining, processing and sale of lithium products used primarily in batteries and new energy applications. Listed in Hong Kong under stock code 9696, the company operates within the global new energy materials sector, serving fast-growing electric vehicle and energy storage markets.

Average Trading Volume: 6,803,231

Technical Sentiment Signal: Buy

Current Market Cap: HK$138.6B

For detailed information about 9696 stock, go to TipRanks’ Stock Analysis page.