-
1 Comment
Ganfeng Lithium Co., Ltd is currently in a long term uptrend where the price is trading 43.8% above its 200 day moving average.
From a valuation standpoint, the stock is 1297.7% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 19.5.
Ganfeng Lithium Co., Ltd's total revenue sank by 33.3% to $2B since the same quarter in the previous year.
Its net income has increased by 992.4% to $694M since the same quarter in the previous year.
Finally, its free cash flow grew by 54.6% to $-185M since the same quarter in the previous year.
Based on the above factors, Ganfeng Lithium Co., Ltd gets an overall score of 3/5.
Sector | Basic Materials |
---|---|
Exchange | HK |
CurrencyCode | HKD |
Industry | Chemicals |
ISIN | CNE1000031W9 |
Target Price | 75.27 |
---|---|
Beta | 0.8 |
Market Cap | 151B |
PE Ratio | 4.48 |
Dividend Yield | 0.7% |
Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Union, North America, and internationally. It operates through three segments: Lithium Metal and Compound, Lithium Battery, and Lithium Ore Resource and Others. The company has interests in the Mount Marion mine located in Australia; Cauchari-Olaroz project situated in Jujuy Province, Northwest Argentina; Mariana project located in Salta Province, Argentina; Sonora project situated in Mexico; Pilbara Pilgangoora lithium-tantalum project located in Western Australia; Ningdu Heyuan mine situated in Ningdu County, Ganzhou City, Jiangxi Province; Avalonia project located in Ireland; Qinghai Yiliping lithium salt lake project situated in the Qinghai Province; and Goulamina spodumene ore project located in southern Mali, Africa. It offers battery-grade lithium hydroxide, battery grade lithium carbonate, lithium chloride, butyl lithium, lithium fluoride and other lithium compounds; lithium metals in the form of ingots, foils, rods, particles, and alloy powder; polymer lithium battery; and lithium-ion motive power, energy storage, and consumer batteries, as well as copper lithium or lithium aluminum alloy foil. The company also explores for and sells lithium ores; and provides lithium battery recycling solutions. In addition, the company exports lithium products. Its products are used in the manufacture of electric vehicles, portable electronics, chemicals, and pharmaceuticals, as well as used by battery cathode materials manufacturers, battery suppliers, and automobile original equipment manufacturers. Ganfeng Lithium Group Co., Ltd. was founded in 2000 and is based in Xinyu, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 1772.HK using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024