Ganfeng Lithium Reports Q1 Net Loss of RMB356 Million Due to Lithium Price Decline and Other Factors

Published: Apr 30, 2025 18:20

Save

【Ganfeng Lithium: Reports Net Loss of RMB356 Million in Q1】Ganfeng Lithium announced that its operating revenue in Q1 2025 was RMB3.772 billion, down 25.43% YoY. The net profit attributable to shareholders of the publicly listed firm was -RMB356 million. The main reasons were the decline in lithium prices and the increase in the proportion of domestic sales, which led to a YoY decrease in cash received from the sale of goods and provision of services, as well as higher bill discounting interest rates, prompting the company to proactively control the scale of bill discounting. Meanwhile, the decline in the share price of Pilbara Minerals Limited, a financial asset held by the company, resulted in a loss due to changes in fair value, but the company partially hedged this impact by actively employing collar option strategies.

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

15 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.

15 hours ago

18 hours ago

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

18 hours ago

21 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.

21 hours ago