Tianqi Lithium Industry Forecasts 62.9% to 72.56% Decrease in 2023 Profits

Published: Feb 2, 2024 19:15

Save

Tianqi Lithium Industry's 2023 performance forecast shows a profit of 6.62 billion to 8.95 billion yuan. According to the announcement on January 31st, the net profit attributable to shareholders of the listed company in 2023 is expected to be between 6.62 billion and 8.95 billion yuan, a decrease of 62.9% to 72.56% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 6.5 billion and 8.82 billion yuan, a decrease of 61.57% to 71.81% compared to the same period last year. The basic earnings per share are expected to be between 4.04 yuan and 5.46 yuan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

16 hours ago

Lithium Battery Exports Surge 63% in Jan-Feb 2026, Prices Stabilize After Sharp Drops

According to data from the CPCA, lithium battery exports reached 926,000 mt in January-February 2026, up 63%, while export value rose 43% to $14.2 billion. The export price of lithium-ion batteries fell from $27,300/mt in 2023 and $20,100/mt in 2024 to $15,700/mt, and further to $15,300/mt in 2026. The average price in 2026 declined only 10% YoY, a marked improvement from the 26% drop in 2024 and the 22% drop in 2025.

16 hours ago

18 hours ago

【SMM Analysis】Zhongke Liquid Sunshine (Shawan) Green Hydrogen Zero‑Carbon Project Commences Construction

18 hours ago

22 hours ago

1 Billion m²/Year Dry-Process Separator Project For Lithium/Sodium Batteries Lands In Nanning

Recently, Nanning Urban Construction Investment Group and Huahui New Material Technology Co., Ltd. signed an agreement for the lithium/sodium battery dry-process separator intelligent manufacturing project. The total investment for the project is approximately 500 million yuan. It plans to build a new production line with an annual capacity of 1 billion square meters of dry-process separators for lithium/sodium batteries. The project will introduce Guangxi's first new-generation dry-process uniaxial stretching and 4.2-meter-wide biaxial stretching battery separator production line. It is expected that upon reaching full capacity, the annual output value will be approximately 800 million yuan, creating 170 jobs, and establishing the first battery base film production base in Guangxi.

22 hours ago