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Tianqi Lithium Industries (SZSE:002466) Gross-Profit-to-Asset % : 6.99% (As of Mar. 2024)


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What is Tianqi Lithium Industries Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Tianqi Lithium Industries's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥5,003 Mil. Tianqi Lithium Industries's average Total Assets over the quarter that ended in Mar. 2024 was ¥71,588 Mil. Therefore, Tianqi Lithium Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.99%.


Tianqi Lithium Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Tianqi Lithium Industries's Gross-Profit-to-Asset % 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 Industries Gross-Profit-to-Asset % Chart

Tianqi Lithium Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 3.02 10.98 59.87 47.78

Tianqi Lithium Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.37 59.71 38.63 29.72 6.99

Competitive Comparison of Tianqi Lithium Industries's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Tianqi Lithium Industries's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Industries's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium Industries's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium Industries's Gross-Profit-to-Asset % falls into.



Tianqi Lithium Industries Gross-Profit-to-Asset % Calculation

Tianqi Lithium Industries's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=34421.951/( (70846.492+73228.464)/ 2 )
=34421.951/72037.478
=47.78 %

Tianqi Lithium Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=5002.944/( (73228.464+69948.472)/ 2 )
=5002.944/71588.468
=6.99 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Tianqi Lithium Industries (SZSE:002466) Business Description

Traded in Other Exchanges
N/A
Address
No.10 East Gaopeng Road, Hi-Tech Development Zone, Sichuan Province, Chengdu, CHN, 629200
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
Yan Dong Executives
Guo Wei Executives
Zou Jun Directors, executives
Li Bo Directors, Directors, and Executives
Fu Xu Mei Securities Affairs Representative
Ge Wei Executives
Wu Wei Directors, executives
Jiang Wei Ping Director
She Shi Fu Supervisors

Tianqi Lithium Industries (SZSE:002466) Headlines

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