[Lithium Battery: Tinci Materials Q1 Net Profit Soars Over 1005%]

Published: Apr 28, 2026 15:07

Save

On April 27, Tinci Materials released its first quarter report for 2026. During the reporting period, Tinci Materials achieved operating revenue of 6.673 billion yuan, a year-on-year increase of 91.29%; net profit attributable to shareholders of the listed company was 1.654 billion yuan, a year-on-year increase of 1005.75%; net profit after deducting non-recurring gains and losses was 1.560 billion yuan, a year-on-year increase of 1062.23%. As of the end of March 2026, the company's total assets reached 29.881 billion yuan, an increase of 10.97% compared to the end of the previous year.

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

34 mins ago

March Battery Materials Import and Export Data Released, Spodumene Imports Hit New High, Lithium Carbonate Continued YoY Growth [SMM Special Report]

34 mins ago

1 hour ago

Hyundai Motor Group to pilot EV battery subscription service for corporate taxis

Hyundai Motor Group will begin testing a subscription model that separates electric vehicle batteries from vehicle ownership. The group said on April 28 that Hyundai Motor and Hyundai Capital will launch a pilot battery subscription service for corporate taxis in the first half of this year. The pilot will target five IONIQ 5 corporate taxis in the Seoul metropolitan area whose battery warranty periods have expired. Under the program, participating vehicles will use batteries through a monthly subscription fee instead of purchasing them outright. When battery replacement is needed, the existing battery will be returned and another battery will be supplied.

1 hour ago

Hyundai Motor to launch IONIQ 5 Facelift in India on June 5

Hyundai Motor will launch the IONIQ 5 Facelift electric vehicle in India on June 5. The model is expected to retain the existing rear-wheel-drive powertrain while upgrading its battery capacity from 72.6 kWh to 84 kWh. With the larger battery pack, the driving range is expected to increase from the current 451 km to around 570 km on a single charge. The vehicle is likely to deliver around 215 hp and 350 Nm of torque, with acceleration from 0 to 100 km/h in about 7.5 seconds and a top speed of 185 km/h. The IONIQ 5 Facelift is also expected to support 350 kW ultra-fast charging, enabling the battery to charge from 10% to 80% in around 18 minutes.

1 hour ago