Tianqi Lithium (STU:2220) EBIT: €887 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:2220 Tianqi Lithium Corp STU:2220
86 GF Score
Price €3.90
GF Value €2.70
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tianqi Lithium EBIT?

Tianqi Lithium STU:2220 +0.85% 86 EBIT is €887 Mil as of Mar. 2026. GuruFocus rates STU:2220 with a GF Score™ of 86/100 and a GF Value™ of €2.70 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Tianqi Lithium's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €485 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €887 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianqi Lithium's annualized ROC % for the quarter that ended in Mar. 2026 was 14.37%. Tianqi Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 60.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianqi Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.42%.


Tianqi Lithium  (STU:2220) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tianqi Lithium's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1541.224 * ( 1 - 24.2% )/( (7842.907 + 8418.288)/ 2 )
=1168.247792/8130.5975
=14.37 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8743.458 - 226.104 - ( 674.447 - max(0, 517.707 - 1440.764+674.447))
=7842.907

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9969.631 - 300.207 - ( 1251.136 - max(0, 950.95 - 2388.326+1251.136))
=8418.288

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Tianqi Lithium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1939.088/( ( (3189.324 + max(371.65, 0)) + (2787.189 + max(98.803, 0)) )/ 2 )
=1939.088/( ( 3560.974 + 2885.992 )/ 2 )
=1939.088/3223.483
=60.16 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.055 + 291.791 + 230.485) - (226.104 + 0 + 27.577)
=371.65

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(162.217 + 357.632 + 225.29) - (300.207 + 0 + 346.129)
=98.803

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tianqi Lithium's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=886.951/11960.466
=7.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tianqi Lithium EBIT Related Terms


Tianqi Lithium EBIT Historical Data

* Premium members only.

The historical data trend for Tianqi Lithium's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tianqi Lithium EBIT Chart

Tianqi Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 754.77 5,549.41 4,730.18 248.23 556.72

Tianqi Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 160.29 133.09 120.52 148.58 484.77

STU:2220 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Tianqi Lithium's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium's EV-to-EBIT falls into.


STU:2220
86GF Score
Tianqi Lithium Corp STU:2220
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianqi Lithium EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €887 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €887 Mil mean?
Tianqi Lithium (STU:2220) has a EBIT of €887 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tianqi Lithium.
Is Tianqi Lithium's EBIT too high?
Tianqi Lithium's current EBIT is €887 Mil. Overall, Tianqi Lithium has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianqi Lithium's EBIT compare to LIN and SHW?
Tianqi Lithium's EBIT of €887 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Chemicals company?
A good EBIT depends on the Chemicals industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tianqi Lithium. Tianqi Lithium's current EBIT is €887 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianqi Lithium stock overvalued right now?
Based on GuruFocus' analysis, Tianqi Lithium (STU:2220) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.70, compared to a current price of €3.90 — trading 44.4% above its estimated fair value. The current EBIT is €887 Mil. Tianqi Lithium's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tianqi Lithium (STU:2220), the current EBIT is €887 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tianqi Lithium (STU:2220) Overvalued in 2026?

Based on GuruFocus' analysis, Tianqi Lithium stock appears to be overvalued. The current stock price of €3.90 is trading 44.4% above its estimated GF Value™ of €2.70. GuruFocus considers Tianqi Lithium to be Modestly Overvalued.

Key valuation signals for STU:2220:

  • EBIT: €887 Mil
  • GF Value™: €2.70 vs. price of €3.90 (44.4% above fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the STU:2220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianqi Lithium Business Description

Address No. 166, Hongliang West 1st Street, Tianfu New District, Sichuan Province, Chengdu, CHN, 610299
Tianqi Lithium is a leading new energy materials company headquartered in Sichuan, 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 achieved 100% self-sufficiency and has fully vertically integrated lithium mines. The firm 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.
86GF Score

Get the complete analysis for STU:2220

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.90
Price
€2.70
GF Value