Tianqi Lithium (HKSE:09696) FCF Yield % : 1.71 (As of May. 26, 2024)

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What is Tianqi Lithium FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Tianqi Lithium's Trailing 12-Month Free Cash Flow is HK$825 Mil, and Market Cap is HK$48,334 Mil. Therefore, Tianqi Lithium's FCF Yield % for today is 1.71%.

The historical rank and industry rank for Tianqi Lithium's FCF Yield % or its related term are showing as below:

HKSE:09696' s FCF Yield % Range Over the Past 10 Years
Min: -4.11 Med: 5.78 Max: 8.59
Current: 1.71

During the past 5 years, the highest FCF Yield % of Tianqi Lithium was 8.59%. The lowest was -4.11%. And the median was 5.78%.

HKSE:09696's FCF Yield % is ranked better than
88.67% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.24 vs HKSE:09696: 1.71

Tianqi Lithium's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

Tianqi Lithium FCF Yield % Historical Data

The historical data trend for Tianqi Lithium's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tianqi Lithium FCF Yield % Chart

Tianqi Lithium Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

22.66

28.18

Tianqi Lithium Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial								-3.37	-	-6.74	-	13.64

Competitive Comparison of Tianqi Lithium's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Tianqi Lithium's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tianqi Lithium's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tianqi Lithium's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium's FCF Yield % falls into.

Tianqi Lithium FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Tianqi Lithium's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	19956.092	/	70818.643
	=	28.18%

Tianqi Lithium's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0	*	4	/	70818.643
	=	0.00%

Tianqi Lithium FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Tianqi Lithium FCF Yield % Related Terms

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Tianqi Lithium (HKSE:09696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (HKSE:09696) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

2220:Germany

Address

No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Executives

Pacific Asset Management Co., Ltd.	2501 Other
Jiang Jinzhi	2201 Interest of corporation controlled by you
Morgan Stanley	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.
Huatai Securities Co., Ltd.
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Morgan Stanley Asia Holdings Limited	2201 Interest of corporation controlled by you
Jin Shan Xiang Gang Guo Ji Kuang Ye You Xian Gong Si	2101 Beneficial owner
Zi Jin Kuang Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd	2301 Trustee
China International Capital Corporation Hong Kong Securities Limited	2105 Underwriter
China International Capital Corporation (international) Limited	2201 Interest of corporation controlled by you
Morgan Stanley Hong Kong 1238 Limited	2201 Interest of corporation controlled by you
Morgan Stanley Asia Limited	2105 Underwriter
Lg Chem, Ltd.	2101 Beneficial owner

Tianqi Lithium (HKSE:09696) Headlines

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