Tianqi Lithium Industries (SZSE:002466) 3-Year Book Growth Rate : 107.30% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Tianqi Lithium Industries 3-Year Book Growth Rate?

Tianqi Lithium Industries's Book Value per Share for the quarter that ended in Dec. 2023 was ¥31.39.

During the past 12 months, Tianqi Lithium Industries's average Book Value per Share Growth Rate was 6.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 107.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 47.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 24.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Tianqi Lithium Industries was 107.30% per year. The lowest was -19.10% per year. And the median was 44.70% per year.

Competitive Comparison of Tianqi Lithium Industries's 3-Year Book Growth Rate

For the Specialty Chemicals subindustry, Tianqi Lithium Industries's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tianqi Lithium Industries's 3-Year Book Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium Industries's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium Industries's 3-Year Book Growth Rate falls into.

Tianqi Lithium Industries 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Tianqi Lithium Industries (SZSE:002466) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Tianqi Lithium Industries 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Tianqi Lithium Industries's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Tianqi Lithium Industries (SZSE:002466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianqi Lithium Industries Inc (SZSE:002466) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.10 East Gaopeng Road, Hi-Tech Development Zone, Sichuan Province, Chengdu, CHN, 629200

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium Industries (SZSE:002466) Headlines

No Headlines