Tianqi Lithium (SZSE:002466) Total Inventories: ¥2,798 Mil (As of Jun. 2026)

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SZSE:002466 Tianqi Lithium Corp SZSE:002466
91 GF Score
Price ¥45.35
GF Value ¥43.62
Valuation Fairly Valued
! 5 Warning Signs
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What is Tianqi Lithium Total Inventories?

Tianqi Lithium SZSE:002466 -3.35% 91 Total Inventories is ¥2,798 Mil as of Jun. 2026. GuruFocus rates SZSE:002466 with a GF Score™ of 91/100 and a GF Value™ of ¥43.62 (Fairly Valued). The stock has 5 warning signs investors should review.

Tianqi Lithium's total inventories for the quarter that ended in Jun. 2026 was ¥2,798 Mil. Tianqi Lithium's average total inventories from the quarter that ended in Mar. 2026 to the quarter that ended in Jun. 2026 was ¥2,824 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tianqi Lithium's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ¥-12.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianqi Lithium's Days Inventory for the three months ended in Jun. 2026 was 105.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianqi Lithium's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.87.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tianqi Lithium's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.40.


Tianqi Lithium  (SZSE:002466) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Tianqi Lithium's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is

Net-Net Working Capital Per Share (Q: Jun. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11534.373+0.75 * 4809.869+0.5 * 2797.521-23655.626
-0-11106.482)/1477.073
=-12.34

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tianqi Lithium's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=2823.5205/2444.658*365 / 4
=105.39

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tianqi Lithium's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2026 ) / Average Total Inventories (Q: Jun. 2026 )
=2444.658 / 2823.5205
=0.87

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tianqi Lithium's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=2823.5205 / 7114.196
=0.40

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Tianqi Lithium Total Inventories Related Terms


Tianqi Lithium Total Inventories Historical Data

* Premium members only.

The historical data trend for Tianqi Lithium's Total Inventories 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 Total Inventories Chart

Tianqi Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 871.76 2,143.94 3,150.50 2,289.05 2,406.49

Tianqi Lithium Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Inventories 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 2,546.26 2,643.69 2,406.49 2,849.52 2,797.52
SZSE:002466
91GF Score
Tianqi Lithium Corp SZSE:002466
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianqi Lithium Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ¥2,798 Mil mean?
Tianqi Lithium (SZSE:002466) has a Total Inventories of ¥2,798 Mil as of Jun. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Tianqi Lithium and its competitors.
Is Tianqi Lithium's Total Inventories too high?
Tianqi Lithium's current Total Inventories is ¥2,798 Mil. Overall, Tianqi Lithium has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianqi Lithium's Total Inventories compare to LIN and SHW?
Tianqi Lithium's Total Inventories of ¥2,798 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 Total Inventories for a Chemicals company?
A good Total Inventories depends on the Chemicals industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Tianqi Lithium and its competitors. Tianqi Lithium's current Total Inventories is ¥2,798 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 (SZSE:002466) is currently considered Fairly Valued. The stock's GF Value™ is ¥43.62, compared to a current price of ¥45.35 — trading 4% above its estimated fair value. The current Total Inventories is ¥2,798 Mil. Tianqi Lithium's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Tianqi Lithium (SZSE:002466), the current Total Inventories is ¥2,798 Mil as of Jun. 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 (SZSE:002466) Overvalued in 2026?

Based on GuruFocus' analysis, Tianqi Lithium stock appears to be overvalued. The current stock price of ¥45.35 is trading 4% above its estimated GF Value™ of ¥43.62. GuruFocus considers Tianqi Lithium to be Fairly Valued.

Key valuation signals for SZSE:002466:

  • Total Inventories: ¥2,798 Mil
  • GF Value™: ¥43.62 vs. price of ¥45.35 (4% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the SZSE:002466 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.
91GF Score

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

¥45.35
Price
¥43.62
GF Value