Ganfeng Lithium Group (002460) Q1 2026 earnings summary

Executive summary

• Revenue surged 143.81% year-over-year to ¥9.20 billion, driven by higher sales volume and prices in lithium and battery products.

• Net profit attributable to shareholders reached ¥1.84 billion, reversing a loss in the prior year.

• Operating cash flow turned positive at ¥787 million, compared to a significant outflow last year.

Financial highlights

• Revenue: ¥9.20 billion, up 143.81% year-over-year.

• Net profit attributable to shareholders: ¥1.84 billion, up 616.34% year-over-year.

• Basic and diluted EPS: ¥0.88, compared to -¥0.18 last year.

• Total assets: ¥118.87 billion, up 4.96% from year-end.

• Net cash from operating activities: ¥787 million, up 150.05% year-over-year.

Outlook and guidance

• Revenue and profit growth attributed to strong demand and price increases in lithium-related products.

• Continued investment in R&D to support future product innovation.