Tianqi Lithium Corp Class A

002466: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tianqi Earnings: Results Missed Despite Surging Profit Growth; Margin Holding Up Moderately

Vincent Sun

Oct 26, 2026

Tianqi reported a 13-fold year-on-year increase in third-quarter net profit, driven by a doubling in average lithium prices from a year earlier. Gross margin expanded to 63% from 38%. The company also recorded a fivefold increase in equity income from Sociedad Quimica Y Minera De Chile SA.

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Tianqi Lithium Corp Class A

Tianqi Earnings: Results Missed Despite Surging Profit Growth; Margin Holding Up Moderately

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