tiprankstipranks
Trending News
More News >
Altech Chemicals Limited (AU:ATC)
ASX:ATC
Advertisement

Altech Chemicals Limited (ATC) AI Stock Analysis

Compare
23 Followers

Top Page

AU

Altech Chemicals Limited

(Sydney:ATC)

Rating:41Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
The most significant factor affecting Altech Chemicals Limited's stock score is its poor financial performance, highlighted by negative profitability and cash flow issues. Technical analysis suggests an overbought condition that may lead to short-term volatility. Valuation metrics reflect the company's unprofitability and lack of dividend yield, which further contribute to the low overall score.

Altech Chemicals Limited (ATC) vs. iShares MSCI Australia ETF (EWA)

Altech Chemicals Limited Business Overview & Revenue Model

Company DescriptionAltech Chemicals Limited (ATC) is an Australian-based company focused on the development of high-purity alumina (HPA) and related products. The company operates within the specialty chemicals and materials sector, utilizing innovative technology to create high-value solutions for a variety of industries including electronics, renewable energy, and automotive sectors. Altech is advancing projects to produce HPA from kaolin clay, offering a critical component for the production of synthetic sapphire used in LED lights, semiconductor wafers, and lithium-ion batteries.
How the Company Makes MoneyAltech Chemicals Limited generates revenue primarily through the development and sale of high-purity alumina (HPA) products. Their business model involves extracting kaolin clay and processing it into HPA using a proprietary technology that ensures high quality and purity. The company targets industries such as electronics and automotive, where HPA is a crucial material. Additionally, Altech may engage in strategic partnerships or joint ventures to enhance project development and market reach, thus contributing to its earnings. The demand for HPA is largely driven by its application in emerging technologies and sustainable energy solutions, positioning Altech to capitalize on these growing markets.

Altech Chemicals Limited Financial Statement Overview

Summary
Altech Chemicals Limited is facing financial difficulties with persistent negative profitability and cash generation issues. Despite maintaining a strong equity base, the increasing reliance on debt financing and negative cash flows highlight the need for operational improvements and strategic shifts to enhance financial stability and profitability.
Income Statement
32
Negative
Altech Chemicals Limited has shown a negative trend in profitability with consistent negative gross and net profit margins. The EBIT and EBITDA margins are also negative, indicating operational challenges. Revenue growth rate is highly volatile and unreliable due to small revenue figures, showing a significant increase in recent years but still contributing insignificantly to profitability.
Balance Sheet
45
Neutral
The company maintains a relatively high equity ratio, indicating good asset coverage by equity. However, the increasing debt levels have led to a rising debt-to-equity ratio, which poses a risk if not managed properly. Return on equity has been negative, reflecting the company's struggle to generate profit from shareholders' investments.
Cash Flow
40
Negative
Altech Chemicals faces challenges with negative free cash flow and operating cash flow, indicating potential liquidity issues. Despite positive financing cash flow, which provides temporary relief, the company needs to improve its cash generation from operations to ensure sustainability.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue88.45K20.81K0.00696.00915.09K
Gross Profit-311.25K-326.96K-328.89K-229.93K893.50K
EBITDA-20.15M-13.33M-5.65M2.76M-1.55M
Net Income-28.06M-59.72M-5.73M2.33M-3.52M
Balance Sheet
Total Assets38.10M44.88M98.39M89.77M77.41M
Cash, Cash Equivalents and Short-Term Investments2.12M3.57M10.91M6.73M833.05K
Total Debt9.45M4.28M89.93K84.23K0.00
Total Liabilities15.47M11.00M850.53K840.48K8.86M
Stockholders Equity28.98M35.99M97.61M88.93M68.56M
Cash Flow
Free Cash Flow-27.67M-15.49M-7.44M-8.91M-12.60M
Operating Cash Flow-11.41M-8.28M-4.82M-3.70M-2.54M
Investing Cash Flow-13.66M-2.15M-4.33M-6.79M-10.07M
Financing Cash Flow23.63M3.08M13.35M16.38M5.17M

Altech Chemicals Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.04
Positive
100DMA
0.04
Positive
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
79.02
Negative
STOCH
37.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ATC, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 79.02 is Negative, neither overbought nor oversold. The STOCH value of 37.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ATC.

Altech Chemicals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUHAV
64
Neutral
AU$61.07M18.006.01%8.70%11.11%
57
Neutral
£2.55B5.03-9.48%4.37%5.28%-6.27%
AUVRX
54
Neutral
AU$62.03M-20.25%23.46%
AUANO
54
Neutral
AU$52.00M-1.66%-25.16%-157.23%
AUHZR
54
Neutral
AU$92.93M-182.18%45.43%
AUATC
41
Neutral
AU$70.10M-52.53%76.88%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ATC
Altech Chemicals Limited
0.04
-0.01
-20.00%
AU:HZR
Hazer Group Ltd.
0.36
0.00
0.00%
AU:HAV
Havilah Resources Limited
0.18
-0.03
-14.29%
AU:VRX
VRX Silica Ltd.
0.08
0.04
100.00%
AU:ANO
Advance ZincTek Limited
0.83
0.11
15.28%

Altech Chemicals Limited Corporate Events

Altech Batteries Announces Shareholder Meeting for Strategic Acquisition Approval
Jul 14, 2025

Altech Batteries Limited has announced a General Meeting for shareholders to approve the issuance of securities to Altech Advanced Materials AG and the acquisition of a relevant interest in shares. This acquisition involves a 25% share in both Altech Energy Holdings GmbH and Altech Industries Germany GmbH, along with associated loan rights, which will result in Altech Advanced Materials AG holding 21% of Altech’s issued share capital. The acquisition will increase Altech’s interest in the CERENERGY Project to 75.05% and give it full ownership of the Silumina Anodes Project, potentially strengthening its position in the battery materials market.

Altech Batteries Limited Announces General Meeting for Key Resolutions
Jul 14, 2025

Altech Batteries Limited has announced a General Meeting to be held on August 14, 2025, in Subiaco, Western Australia. The meeting will address two key resolutions: the issuance of securities to Altech Advanced Materials AG (AAM) and the acquisition of a relevant interest in shares by the company. The Independent Expert’s Report has deemed these transactions as not fair but reasonable to non-associated shareholders. Despite this, the board recommends voting in favor of both resolutions, with certain board members abstaining due to conflicts of interest.

Altech Batteries Ltd Announces Director’s Interest Change
Jul 3, 2025

Altech Batteries Ltd has announced a change in the director’s interest notice related to Ignatius Tan. The change involves the expiration of 5,000,000 unvested performance rights, reducing the total performance rights held by the director to 10,000,000, while the number of fully paid ordinary shares remains unchanged at 7,940,000.

Altech Batteries Announces Director Departure and Securities Interests
Jul 1, 2025

Altech Batteries Ltd announced the cessation of Luke Atkins as a director effective June 30, 2025. The notice details Atkins’ relevant interests in securities, including 3,867,473 fully paid ordinary shares as a registered holder, and additional interests through Australian Mineral Investment Group Pty Ltd and The Atkins Super Fund, totaling over 7.5 million shares and 153,846 options. This change in directorship could impact the company’s governance and strategic direction, potentially influencing stakeholder confidence and market perception.

Altech Batteries Announces Leadership Transition
Jun 20, 2025

Altech Batteries Limited announced the retirement of its founding Chairman, Mr. Luke Atkins, effective 30 June 2025. Under his leadership, the company evolved into a prominent player in the energy storage sector. Mr. Dan Tenardi, a current Non-Executive Director, will assume the role of Chairman, guiding the company through its next phase of growth and innovation.

Altech Batteries’ CERENERGY® Technology Shows Promise in Independent Study
May 28, 2025

Altech Batteries Limited has engaged DNV, a leading energy storage technical advisor, to conduct an independent comparison study of its CERENERGY® technology against other battery technologies. The study, part of Altech’s funding strategy and due diligence plan, highlights CERENERGY® as a promising emerging technology with potential improvements in energy density, performance, and cost efficiency expected in the future.

Altech Batteries Unveils Breakthrough in Long-Term Battery Storage
May 15, 2025

Altech Batteries Limited has announced a significant breakthrough in battery longevity with its CERENERGY® sodium-nickel-chloride technology. A 28-year-old Zebra battery, based on similar chemistry, was tested and found to perform as if new, demonstrating no degradation after decades of dormancy. This remarkable shelf-life is attributed to the battery’s unique solid-state design, making it ideal for long-term storage applications such as defense. The technology’s ability to remain inert and stable over time sets it apart from conventional lithium-ion batteries, offering a strategic advantage in reliability and long-term stability.

Altech Batteries Secures Shareholder Approval for Strategic Resolutions
May 13, 2025

Altech Batteries Limited announced that all resolutions proposed at its General Meeting on May 13, 2025, were approved by shareholders. This outcome supports the company’s strategic initiatives, including the approval for the grant of security interest to Deutsche Balaon AG and the ratification of prior issues of securities and options, which may enhance its financial and operational capabilities.

Altech Batteries Advances Silumina Anodes Project with Operational Pilot Plant
May 5, 2025

Altech Batteries Limited has announced a significant advancement in its Silumina Anodes project, which integrates high-capacity silicon into lithium-ion batteries to achieve a 30% higher energy output and improved battery life. The company has overcome key challenges such as silicon particle swelling and capacity loss by developing a proprietary method of spherising coated silicon particles, which are then distributed within graphite voids to minimize electrode damage. The successful operation of its pilot plant in Germany marks a crucial step towards commercialisation, with high-quality coated silicon particles now ready for customer testing.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 19, 2025