Tianqi Lithium (HKSE:09696) Net Margin % : -11.64% (As of Dec. 2023)

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What is Tianqi Lithium Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tianqi Lithium's Net Income for the three months ended in Dec. 2023 was HK$-897 Mil. Tianqi Lithium's Revenue for the three months ended in Dec. 2023 was HK$7,710 Mil. Therefore, Tianqi Lithium's net margin for the quarter that ended in Dec. 2023 was -11.64%.

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

HKSE:09696' s Net Margin % Range Over the Past 10 Years
Min: -124.19 Med: 17.99 Max: 59.61
Current: -17

HKSE:09696's Net Margin % is ranked worse than
63.14% of 860 companies
in the Metals & Mining industry
Industry Median: -0.02 vs HKSE:09696: -17.00

Tianqi Lithium Net Margin % Historical Data

The historical data trend for Tianqi Lithium's Net Margin % 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 Net Margin % Chart

Tianqi Lithium Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-124.19

-56.95

48.03

59.61

17.99

Tianqi Lithium Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial								51.30	-	19.18	-11.64	-150.77

Competitive Comparison of Tianqi Lithium's Net Margin %

For the Other Industrial Metals & Mining subindustry, Tianqi Lithium's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tianqi Lithium's Net Margin % falls into.

Tianqi Lithium Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tianqi Lithium's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	7960.898	/	44241.5
	=	17.99 %

Tianqi Lithium's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-897.086	/	7710.197
	=	-11.64 %

Tianqi Lithium (HKSE:09696) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Tianqi Lithium Net Margin % 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 » Net Margin %

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.

Tianqi Lithium (HKSE:09696) Headlines

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