002466.SZ
Price:
$52.1
Market Cap:
$85.32B
Tianqi Lithium Corporation, a new energy materials company, engages in the lithium resource investment, lithium concentrate extraction, and production of advanced lithium specialty compounds in Australia, Chile, and China. Its products include battery and industrial grade lithium carbonate and lithium hydroxide monohydrate, lithium chloride anhydrous, and lithium metal. The company was founded in 1995 and is headquartered in Chengdu, the People's Republic of China.
Industry
Chemicals - Specialty
IPO Date
2010-08-31
Stock Exchange
SHZ
Ticker
002466.SZ
According to Tianqi Lithium Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.18. This represents a change of 15.69% compared to the average of 2.75 of the last 4 quarters.
The mean historical Current Ratio of Tianqi Lithium Corporation over the last ten years is 1.62. The current 3.18 Current Ratio has changed 19.57% with respect to the historical average. Over the past ten years (40 quarters), 002466.SZ's Current Ratio was at its highest in in the June 2024 quarter at 3.44. The Current Ratio was at its lowest in in the June 2021 quarter at 0.10.
Average
1.62
Median
1.18
Minimum
0.11
Maximum
3.44
Discovering the peaks and valleys of Tianqi Lithium Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 631.57%
Maximum Annual Current Ratio = 3.44
Minimum Annual Increase = -71.64%
Minimum Annual Current Ratio = 0.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.55 | -13.52% |
| 2023 | 2.95 | -14.32% |
| 2022 | 3.44 | 631.57% |
| 2021 | 0.47 | 341.71% |
| 2020 | 0.11 | -63.09% |
| 2019 | 0.29 | -67.28% |
| 2018 | 0.88 | -71.64% |
| 2017 | 3.11 | 135.82% |
| 2016 | 1.32 | 26.76% |
| 2015 | 1.04 | -17.00% |
The current Current Ratio of Tianqi Lithium Corporation (002466.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.98
5-year avg
1.90
10-year avg
1.62
Tianqi Lithium Corporation’s Current Ratio is greater than Guangzhou Tinci Materials Technology Co., Ltd. (1.73), greater than Zhejiang Juhua Co., Ltd. (1.61), less than Zangge Mining Company Limited (4.55), greater than Yunnan Aluminium Co., Ltd. (2.39), greater than Ganfeng Lithium Co., Ltd. (0.73), greater than Shanghai Putailai New Energy Technology Co.,Ltd. (1.37), greater than Satellite Chemical Co.,Ltd. (0.81), greater than Rongsheng Petrochemical Co., Ltd. (0.47), greater than CNGR Advanced Material Co.,Ltd. (1.25), greater than Citic Pacific Special Steel Group Co., Ltd. (1.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.73 | $72.94B | |
| 1.61 | $96.65B | |
| 4.55 | $117.46B | |
| 2.39 | $95.20B | |
| 0.73 | $131.02B | |
| 1.37 | $55.29B | |
| 0.81 | $56.48B | |
| 0.47 | $96.50B | |
| 1.25 | $36.44B | |
| 1.15 | $77.73B |
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