Ganfeng Lithium: Net Profit for Q1 2026 Estimated at 1.6–2.1 Billion Yuan, up 549.65%–690.17% YoY

Published: Apr 20, 2026 10:02

Save

Ganfeng Lithium announced that its net profit for Q1 2026 was estimated at 1.6–2.1 billion yuan, up 549.65%–690.17% YoY. During the reporting period, driven by the rapid development of the global new energy industry, downstream clients' demand for lithium chemicals grew strongly, and the selling prices of the company's lithium chemical products rose significantly compared with the same period last year. In addition, with the capacity release of the company's lithium resources projects, the company's cost structure continued to be optimized. Moreover, as the power battery and energy storage markets continued to grow, sales in the lithium battery segment increased notably, resulting in YoY growth in the company's operating performance.

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

6 hours ago

April Battery Materials Import and Export Data Released: Spodumene and Lithium Carbonate Imports Both Up YoY — How Did Other Segments Perform [SMM Special Report]

6 hours ago

7 hours ago

[Lithium Battery: Large Cylindrical Lithium Battery Project In Fuyang, Anhui, Disclosed]

Recently, the Jieshou City Ecological Environment Branch of Fuyang City, Anhui Province, released a public notice regarding the "Environmental Impact Report Form for the Annual 18GWh Large Cylindrical Lithium-Ion Battery Construction Project of Anhui Houji Energy Technology Co., Ltd." This project is an expansion, with a total investment of 3.229 billion yuan, environmental protection investment of 20 million yuan, covering an area of approximately 207.3 mu, and a construction period of 1 year.

7 hours ago

[Lithium Battery: Sentery Lithium Battery Recycling Anode Material Project Officially Commences Production]

Recently, the commissioning ceremony for Hubei Sentery New Energy Technology Co., Ltd.'s annual 50,000-ton lithium battery recycling anode material project was held in the Dongbao Industrial Park. It is reported that this project was jointly constructed by Hubei Sentery New Energy Technology Co., Ltd. and Jiangsu Huasheng Lianying New Energy Materials Co., Ltd., building two high-performance, multi-type graphite anode material recycling production lines. Upon reaching full production capacity, this project will significantly boost the improvement of the new energy and new materials industrial layout in Dongbao and strengthen the industrial cluster.

7 hours ago