Ganfeng Lithium 1772

[winston]

not vested

GANFENGLITHIUM(1772)

Analysis：

Ganfeng Lithium (1772.HK) covers through upstream lithium resource development, midstream lithium salt deep processing and lithium metal smelt, to downstream lithium battery manufacturing and batter recycling.

At the beginning of this month, the company`s holding subsidiary stated that Ganfeng Lithium will spend 8.4 billion yuan to invest in the construction of a new type of lithium battery project with an annual output of 15GWh.

Lithium giant Ganfeng Lithium`s industrial chain has begun to cover the downstream power battery market from upstream resource development and midstream lithium salt production.

The company`s vertically integrated business model has gradually become prominent.

In addition, on August 17, the official website of the China Association of Automobile Manufacturers issued a group standard for the "Code for the Construction of Shared Electric Passenger Car Swap Stations" for comments. To further reduce costs.< br>

Strategy：
Buy-in Price: $138, Target Price: $170, Cut Loss Price: $125

Source: Phillips

[winston]

not vested

This Stock Will Likely Pop Real Soon

by Mike Stenger

Ganfeng Lithium Co. Ltd. (OTCMKTS: GNENF) mines lithium in China and Argentina and has operations in Ireland and Mexico, where lithium batteries are manufactured and sold to companies like Nio and other big Chinese firms.

The benefit of serving the best EV companies China has to offer shows in this company’s financials.

Ganfeng’s profit margin sits at a healthy 25%. Since 2015, the company’s compound annual growth rate (CAGR) has been 41%.

Thanks to a worldwide increase in EV interest, Ganfeng earnings growth may hit triple digits going into 2022.

With the EV industry beginning to spark, and EV raw materials making headlines, lithium is a no-brainer. And Ganfeng is the best lithium stock to put on your radar now.

Source: Money Morning

https://tradesoftheday.com/2021/08/19/t ... real-soon/

[winston]

not vested

GANFENGLITHIUM(01772.HK) Interim Net Profit RMB1.415B, Up Almost 8x YoY

GANFENGLITHIUM(01772.HK) announced interim result ended June 2021.

The revenue rose 69.5% year on year to RMB4.025 billion.

The net profit amounted to RMB1.415 billion, up 797.4%.

EPS was RMB1.04.

No dividend was declared.

Dividend History
Announce Date Event Particular
2021/04/28 Quarter 1 No Dividend
2021/03/30 Final D:RMB 0.3000(equivalent to HKD 0.365262)
2020/10/29 Quarter 3 No Dividend
2020/08/25 Interim No Dividend

Source: AAStocks Financial News

[winston]

not vested

Ganfeng Lithium Co (1772 HK)
1H21: Strong Results In Line; Keep Earnings Growth Momentum Amid Lithium
Industry Boom

Ganfeng Lithium posted a strong set of 1H21 results, with net profit up 804%yoy to
Rmb1.45b and gross margin expanding 15.6ppt to 34.9%, mainly driven by ASP hikes
of lithium compound products.

Lithium compounds are seeing another round of price hikes in 3Q21, and management expects the supply tightness to continue in 2H21 and early-22.

Ganfeng is maintaining its aggressive capacity plan with overseas expansion.

Maintain BUY. Raise target price to HK$203.00.

Source: UOBKH

https://research.uobkayhian.com/content ... a297419db8

[winston]

not vested

Ganfeng Lithium(1772)

Analysis：

Ganfeng Lithium (1772) has achieved production capacity comprising 40,500 tonnes of battery grade lithium carbonate per annum, 81,000 tonnes of battery grade lithium hydroxide per annum, and 2,000 tonnes of lithium metals per annum.

Based on the pioneering advantage in upstream lithium resources supply of the Company, the Group’s lithium battery business has been distributed to five categories of consumer batteries, small polymer cells, solid-state lithium batteries, lithium power batteries, and energy storage batteries, covering more than 20 kinds of products.

Additionally, The Group enhanced the industrialization technology level and competitive advantages by expanding the capacity of its retired lithium battery recycling business and developing new processes and technologies for comprehensive recycling of the retired batteries.

The retired lithium battery disassembling and comprehensive metal recycling projects of Recycling Technology had a recycling and disposal capability of 34,000 tons.

Strategy：
Buy-in Price: $131.00, Target Price: $150.00, Cut Loss Price: $122.00

Source: Phillips

[winston]

not vested

Ganfeng Lithium (1772 HK)
4Q21: Net Profit Up 297% yoy And 161% qoq, Beating Estimates

Ganfeng’s 4Q21 net profit came in above estimates at Rmb2,756m (+297% yoy/+161%
qoq), due to margin beat.

Going forward, Ganfeng will launch four lithium resource projects from 2H22-25, tripling capacity of lithium minerals to 300,000 tpa LCE.

Lithium carbonate prices doubled from end-21 till now, and we estimate lithium carbonate price at Rmb400,000-500,000/tonne in 2022-23 on tight supply-demand.

We maintain 2022-23 EPS estimates. Maintain BUY. Target price: HK$262.00.

Source: UOBKH

https://research.uobkayhian.com/content ... 8771b79bd9

[winston]

not vested

Daiwa Sinks GANFENGLITHIUM (01772.HK) TP to $164, Rated Buy

2022/04/06

Daiwa reaffirmed a Buy rating on GANFENGLITHIUM (01772.HK), being upbeat on the company's long-term sustained growth outlook brought by greenfield project development.

GANFENGLITHIUM is de-bottlenecking its lithium supply through new project buildout, where new projects in Argentina, Australia and Mali are expected to be put into operation from 2H22 to 2024.

The firm continues to expand its capacity in China, with lithium carbonate sales likely rising to 29,000 tons in 2022, 66,000 tons in 2023, and 97,000 tons in 2024.

Its lithium hydroxide sales volume will likely hit 73,000 tons in 2022, 80,000 tons in 2023, and 101,000 tons in 2024.

The target price of GANFENGLITHIUM was lowered to $164.

Source: AAStocks Financial News

[winston]

vested

Shares of Chinese lithium-salt giant Ganfeng surge as EV demand, tight supply drive nearly tenfold profit jump

The producer of lithium salts, used in lithium-ion batteries, posted a 955 per cent increase in net profit for the year’s first three months

Prices for the compounds started a mild retreat early this month after increasing fourfold since September, but Ganfeng has further room for profit growth, analysts

by Eric Ng

Source: SCMP

https://www.scmp.com/business/article/3 ... f2815f4f94

[winston]

not vested

Ganfeng Lithium Co Ltd (1772 HK/002460 CH): Supportive sales and GP outlook [BUY, TP HK$150.00/BUY, TP RMB160.00]

1QFY22 net earnings jumped 956% amid better lithium product GP expansion and joint venture contribution

Lithium sales volume was better than expected despite disruptions due to lockdowns in Shanghai since March

Raise net earnings estimate for FY22F-FY23F by 87%/81% on higher ASP and GP assumptions

Maintain BUY on supportive ROE expansion; but lowered TP to HK$150 amid a clouded overseas market outlook

Source: DBS

[winston]

not vested

GANFENGLITHIUM: Argentina Project May Start Trial, Production in 2H; Phase I Annual Capacity May Hit 40K Tons

GANFENGLITHIUM (01772.HK) plans to commence operation trial and production for its Cauchari-Olaroz project in Argentina in the second half of 2022, as it revealed on the investor interaction platform.

The lithium manufacturer expected the phase I project to bring an annual capacity of 40,000 tons of lithium carbonate.

Source: AAStocks Financial News