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Tianqi Lithium Corp. Class H
(9696)
Tianqi Lithium Corp. Class H (9696) vs. iShares MSCI Hong Kong ETF (EWH)
Tianqi Lithium Corp. Class H Business Overview & Revenue Model
Tianqi Lithium Corp. Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.06B | 40.45B | 40.17B | 7.60B | 3.22B |
| Gross Profit | 5.30B | 34.35B | 34.15B | 4.69B | 1.33B |
| EBITDA | 5.44B | 37.66B | 41.46B | 5.13B | 1.16B |
| Net Income | -7.90B | 7.28B | 23.94B | 3.65B | -1.12B |
Balance Sheet | |||||
| Total Assets | 69.56B | 74.97B | 72.56B | 45.80B | 42.29B |
| Cash, Cash Equivalents and Short-Term Investments | 6.42B | 9.35B | 12.29B | 1.77B | 788.21M |
| Total Debt | 14.92B | 11.76B | 8.71B | 21.81B | 30.44B |
| Total Liabilities | 19.50B | 19.01B | 17.80B | 26.01B | 34.86B |
| Stockholders Equity | 42.77B | 51.52B | 50.16B | 14.36B | 5.20B |
Cash Flow | |||||
| Free Cash Flow | 1.03B | 18.25B | 18.58B | 1.23B | -47.11M |
| Operating Cash Flow | 5.55B | 22.69B | 20.30B | 2.23B | 915.75M |
| Investing Cash Flow | -5.88B | -2.02B | 744.01M | -65.19M | -520.49M |
| Financing Cash Flow | -3.24B | -23.44B | -10.57B | -1.15B | -3.51B |
Tianqi Lithium Corp. Class H Technical Analysis
Tianqi Lithium Corp. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$17.18B | 8.68 | 17.83% | 3.54% | 36.51% | 66.77% | |
78 Outperform | $198.18B | 10.71 | 22.95% | 3.34% | 12.14% | 53.33% | |
76 Outperform | HK$33.98B | 44.04 | 25.55% | 1.53% | 40.22% | 46.48% | |
62 Neutral | HK$57.23B | ― | -8.74% | 5.07% | -59.41% | -169.49% | |
58 Neutral | HK$17.13B | 4.61 | -6.43% | 5.19% | -3.18% | -62.89% |
Tianqi Lithium Corp. Class H Corporate Events
Tianqi Lithium Corporation held its 2024 Annual General Meeting on May 21, 2025, where several key resolutions were passed. The meeting saw a significant participation rate, with 34.1498% of the total voting shares represented. All proposed resolutions, including the approval of the 2024 work reports, financial statements, and profit distribution plan, were passed with overwhelming support, indicating strong shareholder confidence in the company’s strategic direction.
The most recent analyst rating on (HK:9696) stock is a Buy with a HK$34.00 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.
Tianqi Lithium Corporation reported its first quarterly financial results for 2025, showing a slight decrease in operating income by 0.02% compared to the same period last year. However, the company experienced a significant turnaround in profitability, with a net profit attributable to shareholders of RMB 104.27 million, a marked improvement from a loss of RMB 3.90 billion in the previous year. This positive shift is attributed to the company’s strategic adjustments and improved market conditions, although the net cash flow from operating activities saw a substantial decline of 69.73%. These results indicate a recovery phase for Tianqi Lithium, potentially strengthening its position in the lithium market and impacting stakeholders positively.
Tianqi Lithium Corporation held an Extraordinary General Meeting (EGM) on April 29, 2025, where shareholders approved a special resolution for the provision of cross guarantees between its controlling subsidiaries. This decision, supported by over 92% of the votes, reflects the company’s strategic move to strengthen its financial structure and operational synergy among its subsidiaries. The approval is expected to enhance Tianqi Lithium’s market positioning and operational efficiency, potentially benefiting stakeholders by ensuring more robust financial backing and collaboration across its business units.
Tianqi Lithium Corporation has announced its upcoming Annual General Meeting (AGM) scheduled for May 21, 2025, in Chengdu, Sichuan, China. The meeting will address several key resolutions, including the approval of the 2024 work reports, financial statements, profit distribution plan, and the 2025 financial budget. Additionally, the company will consider the re-appointment of auditors, the purchase of liability insurance for management, and proposals related to financial guarantees and share issuance. These resolutions are crucial for the company’s operational and financial planning, potentially impacting its market positioning and stakeholder relations.
Tianqi Lithium Corporation has issued a profit warning, projecting a net profit for the first quarter of 2025, a significant turnaround from the substantial net loss reported in the same period last year. The improvement is attributed to a reduction in the impact of pricing mechanism mismatches and increased production and sales volumes, despite a decline in lithium product prices. Additionally, the company anticipates increased investment income from its associate, Sociedad Química y Minera de Chile S.A., due to expected growth in SQM’s performance.
Tianqi Lithium Corporation has announced that its board of directors will hold a meeting on April 29, 2025, to review and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting will also address the publication of these results and other business matters, indicating a routine yet crucial step in maintaining transparency and operational oversight.
Tianqi Lithium Corporation has announced an extraordinary general meeting (EGM) scheduled for April 29, 2025, to consider and approve cross guarantees between its controlling subsidiaries. This move is indicative of the company’s strategic efforts to enhance financial collaboration and risk management within its subsidiaries, potentially strengthening its operational stability and market position.
Tianqi Lithium Corporation has announced the closure of its H share register of members to determine the list of shareholders entitled to attend the extraordinary general meeting (EGM) scheduled for 29 April 2025. This move is significant for stakeholders as it outlines the procedural steps for participation in the EGM, where important resolutions will be discussed, potentially impacting the company’s strategic direction and shareholder interests.