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Tianqi Lithium Industries (SZSE:002466) Price-to-Free-Cash-Flow : 3.87 (As of May. 17, 2024)


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What is Tianqi Lithium Industries Price-to-Free-Cash-Flow?

As of today (2024-05-17), Tianqi Lithium Industries's share price is ¥37.48. Tianqi Lithium Industries's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥9.69. Hence, Tianqi Lithium Industries's Price-to-Free-Cash-Flow Ratio for today is 3.87.

The historical rank and industry rank for Tianqi Lithium Industries's Price-to-Free-Cash-Flow or its related term are showing as below:

SZSE:002466' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.28   Med: 42.18   Max: 617.74
Current: 3.86

During the past 13 years, Tianqi Lithium Industries's highest Price-to-Free-Cash-Flow Ratio was 617.74. The lowest was 3.28. And the median was 42.18.

SZSE:002466's Price-to-Free-Cash-Flow is ranked better than
92.98% of 826 companies
in the Chemicals industry
Industry Median: 19.6 vs SZSE:002466: 3.86

Tianqi Lithium Industries's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥1.15. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥9.69.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Tianqi Lithium Industries was -18.50% per year.

During the past 13 years, Tianqi Lithium Industries's highest 3-Year average Free Cash Flow per Share Growth Rate was 104.80% per year. The lowest was -334.10% per year. And the median was 31.30% per year.


Tianqi Lithium Industries Price-to-Free-Cash-Flow Historical Data

The historical data trend for Tianqi Lithium Industries's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Tianqi Lithium Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 145.38 6.61 5.01

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
Price-to-Free-Cash-Flow 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 6.35 5.09 3.60 5.01 4.95

Competitive Comparison of Tianqi Lithium Industries's Price-to-Free-Cash-Flow

For the Specialty Chemicals subindustry, Tianqi Lithium Industries's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium Industries's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium Industries's Price-to-Free-Cash-Flow falls into.



Tianqi Lithium Industries Price-to-Free-Cash-Flow Calculation

Tianqi Lithium Industries's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=37.48/9.688
=3.87

Tianqi Lithium Industries's Share Price of today is ¥37.48.
Tianqi Lithium Industries's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥9.69.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Tianqi Lithium Industries  (SZSE:002466) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Tianqi Lithium Industries Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Tianqi Lithium Industries's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Tianqi Lithium Industries (SZSE:002466) Headlines

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