Ganfeng Lithium Group Co., Ltd.

BST:39EA

China / Materials / Chemicals

Overview

News

5Y Historical Financials

Stock Price

2.64 EUR


Key Metrics	Latest
Total Revenue	18.906 B
Adjusted EBITDA	1.69 B
EBITDA Margin	8.9%
Net Profit Margin	-6.4%
Total Assets	100.8 B
Total Debt	31.708 B

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Jan-22	Jan-23	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Revenue	5,523.99	11,162.21	41,822.51	32,971.68	18,906.40	18,906.40	32,971.68	18,906.40
% Growth		1.02	2.75	(0.21)	(0.43)			(0.43)

Adjusted EBITDA	1,117.95	3,844.63	18,648.81	1,222.82	1,690.07	1,690.07	1,222.82	1,690.07
% Margin	0.20	0.34	0.45	0.04	0.09	0.09	0.04	0.09

Adjusted EBIT	853.09	3,489.41	18,159.92	374.78	439.94	439.94	374.78	439.94
% Margin	0.15	0.31	0.43	0.01	0.02	0.02	0.01	0.02

Adjusted Net Income	754.53	3,660.34	20,061.98	2,983.77	(1,218.72)	(1,218.72)	2,983.77	(1,218.72)
% Margin	0.14	0.33	0.48	0.09	(0.06)	(0.06)	0.09	(0.06)

Adjusted Basic EPS	0.41	1.87	9.96	1.48	(0.61)	(0.61)	1.48	(0.61)

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
CNY	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Jan-22	Jan-23	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	5,524	11,162	41,823	32,972	18,906	18,906	32,972	18,906
% Growth	NA	102.1%	274.7%	-21.2%	-42.7%			-42.7%

Cost of Revenue	(4,343)	(6,720)	(21,175)	(30,033)	(16,861)	(16,861)	(30,033)	(16,861)
Gross Profit	1,181	4,442	20,647	2,938	2,045	2,045	2,938	2,045
% Revenue	21.4%	39.8%	49.4%	8.9%	10.8%	10.8%	8.9%	10.8%

Research and Development	(140)	(339)	(1,007)	(1,251)	(911)	(911)	(1,251)	(911)
Selling and Marketing	(48)	(62)	(117)	(177)	(147)	(147)	(177)	(147)
General and Admin	(202)	(465)	(989)	(1,053)	(871)	(871)	(1,053)	(871)
Other Inc / (Exp)	443	2,160	459	1,904	(2,519)	(2,519)	1,904	(2,519)
Total Operating Exp	54	1,296	(1,655)	(577)	(4,448)	(4,448)	(577)	(4,448)

Operating Income	1,235	5,738	18,992	2,361	(2,403)	(2,403)	2,361	(2,403)
% Revenue	22.4%	51.4%	45.4%	7.2%	-12.7%	-12.7%	7.2%	-12.7%

Interest Expense	(108)	36	3,787	2,897	101	101	2,897	101
Pre-tax Income	1,127	5,774	22,779	5,259	(2,301)	(2,301)	5,259	(2,301)
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(64)	(357)	(2,318)	(683)	(329)	(329)	(683)	(329)
Net Income to Company	1,064	5,417	20,461	4,575	(2,630)	(2,630)	4,575	(2,630)
% Margin	19.3%	48.5%	48.9%	13.9%	-13.9%	-13.9%	13.9%	-13.9%

Minority Interest in Earnings	(39)	(188)	43	372	556	556	372	556
Net Income to Stockholders	1,025	5,228	20,504	4,947	(2,074)	(2,074)	4,947	(2,074)

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0

Net Income to Common	1,025	5,228	20,504	4,947	(2,074)	(2,074)	4,947	(2,074)
% Margin	18.5%	46.8%	49.0%	15.0%	-11.0%	-11.0%	15.0%	-11.0%

As Reported
Basic EPS (Continuing Ops)	0.56	2.67	10.18	2.46	(1.03)	(1.03)	2.46	(1.03)
Diluted EPS (Continuing Ops)	0.56	2.66	10.17	2.46	(1.03)	(1.03)	2.46	(1.03)

WA Basic Shares Out.	1,826.16	1,958.20	2,014.10	2,010.90	2,013.61	2,013.61	2,010.90	2,013.61
WA Diluted Shares Out.	1,826.16	1,965.57	2,016.08	2,010.90	2,013.61	2,013.61	2,010.90	2,013.61

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	1,127	5,774	22,779	5,259	(2,301)	(2,301)	5,259	(2,301)
Addback: Net Interest Expense	108	(36)	(3,787)	(2,897)	(101)	(101)	(2,897)	(101)
Addback: Other Non Operating Expenses, Total	36	125	(293)	164	935	935	164	935
Addback: Depreciation & Amortization	265	355	489	848	1,250	1,250	848	1,250
Addback: Restructuring Charges	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	18	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	(443)	(2,254)	(408)	(576)	1,482	1,482	(576)	1,482
Addback: Gain (Loss) On Sale Of Assets	0	(0)	(5)	(1)	2	2	(1)	2
Addback: Asset Writedown	7	8	25	10	423	423	10	423
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	0	(127)	(151)	(1,584)	0	0	(1,584)	0
Adjusted EBITDA	1,118	3,845	18,649	1,223	1,690	1,690	1,223	1,690
% Margin	20.2%	34.4%	44.6%	3.7%	8.9%	8.9%	3.7%	8.9%

Adjusted EBIT	853	3,489	18,160	375	440	440	375	440
% Margin	15.4%	31.3%	43.4%	1.1%	2.3%	2.3%	1.1%	2.3%

Adjusted Net Income Reconciliation
Net Income to Company	1,064	5,417	20,461	4,575	(2,630)	(2,630)	4,575	(2,630)
Addback: Unusual Items	(418)	(2,373)	(539)	(2,151)	1,907	1,907	(2,151)	1,907
Less: Tax Benefit of Unusual Items (26%)	109	617	140	559	(496)	(496)	559	(496)
Adjusted Net Income	755	3,660	20,062	2,984	(1,219)	(1,219)	2,984	(1,219)
% Margin	13.7%	32.8%	48.0%	9.0%	-6.4%	-6.4%	9.0%	-6.4%

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Ganfeng Lithium Group Co., Ltd.

BST:39EA

China / Materials / Chemicals

5Y Historical Financials