Ganfeng Lithium Group (002460) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 109.03% YoY to ¥13.06bn; attributable net income increased 35.62% to ¥755.1m.

• Jan–Sep revenue was ¥36.16bn, up 147.24%; attributable net income reached ¥5.01bn versus ¥25.5m a year earlier.

• Jan–Sep operating cash flow turned positive at ¥2.29bn from an outflow of ¥429.1m a year earlier.

Financial highlights

• Jan–Sep operating profit was ¥7.80bn; net income was ¥5.50bn, including ¥5.01bn attributable to shareholders.

• Adjusted attributable net income, excluding non-recurring items, was ¥4.64bn for Jan–Sep, up 592.14%; Q3 was ¥787.6m, up 2,803.44%.

• Jan–Sep investment income rose 235.90% to ¥1.31bn; income from associates and joint ventures was ¥825.7m versus a loss of ¥337.3m.

• Jan–Sep operating costs rose 107.39%, below revenue growth; scale benefits and higher capacity utilization moderated cost growth.

• Total assets reached ¥122.49bn at Sep. 30, up 8.15% from year-end; equity attributable to shareholders rose 6.59% to ¥48.12bn.

Key financial ratios and metrics

• Q3 basic EPS was ¥0.36, up 28.57% YoY; diluted EPS was ¥0.37, up 32.14%.

• Jan–Sep basic and diluted EPS were both ¥2.40; weighted-average ROE was 10.68%, up 10.62 percentage points YoY.