TQLCF (Tianqi Lithium) ROE %: 17.08% (As of Mar. 2026) — Near Median


TQLCF Tianqi Lithium Corp TQLCF
57 GF Score
Price $8.75
GF Value $3.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tianqi Lithium ROE %?

Tianqi Lithium TQLCF 57 ROE % is 17.08% as of Mar. 2026, which is 9% below its 10-year median of 18.75. GuruFocus rates TQLCF with a GF Score™ of 57/100 and a GF Value™ of $3.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,590 Chemicals companies, Tianqi Lithium ranks better than 50% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tianqi Lithium's annualized net income for the quarter that ended in Mar. 2026 was $1,089 Mil. Tianqi Lithium's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $6,373 Mil. Therefore, Tianqi Lithium's annualized ROE % for the quarter that ended in Mar. 2026 was 17.08%.

The historical rank and industry rank for Tianqi Lithium's ROE % or its related term are showing as below:

TQLCF' s ROE % Range Over the Past 10 Years
Min: -69.98   Med: 18.75   Max: 78.77
Current: 5.2

During the past 13 years, Tianqi Lithium's highest ROE % was 78.77%. The lowest was -69.98%. And the median was 18.75%.

TQLCF's ROE % is ranked better than
50% of 1590 companies
in the Chemicals industry
Industry Median: 5.195 vs TQLCF: 5.20

Tianqi Lithium  (OTCPK:TQLCF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1088.8/6373.0875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1088.8 / 2976.188)*(2976.188 / 10881.913)*(10881.913 / 6373.0875)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.58 %*0.2735*1.7075
=ROA %*Equity Multiplier
=10 %*1.7075
=17.08 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1088.8/6373.0875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1088.8 / 2175.36) * (2175.36 / 1781.764) * (1781.764 / 2976.188) * (2976.188 / 10881.913) * (10881.913 / 6373.0875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5005 * 1.2209 * 59.87 % * 0.2735 * 1.7075
=17.08 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Tianqi Lithium ROE % Related Terms


Tianqi Lithium ROE % Historical Data

* Premium members only.

The historical data trend for Tianqi Lithium's ROE % 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 ROE % Chart

Tianqi Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.32 77.25 14.42 -16.74 1.12

Tianqi Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 1.00 -0.19 0.91 2.68 17.08

TQLCF vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Tianqi Lithium's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium's ROE % distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium's ROE % falls into.


TQLCF
57GF Score
Tianqi Lithium Corp TQLCF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianqi Lithium ROE % Calculation

Tianqi Lithium's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=65.684/( (5753.912+6014.657)/ 2 )
=65.684/5884.2845
=1.12 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1088.8/( (6014.657+6731.518)/ 2 )
=1088.8/6373.0875
=17.08 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.08% mean?
Tianqi Lithium (TQLCF) has a ROE % of 17.08% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tianqi Lithium and its competitors. This is near median its historical median of 18.75. According to the industry distribution chart, Tianqi Lithium ranks #795 out of 1590 companies in the Chemicals industry, placing it in the top 50%.
Is Tianqi Lithium's ROE % too high?
Tianqi Lithium's current ROE % of 17.08% is near median its 10-year median of 18.75. The Chemicals industry median ROE % is 5.20. Tianqi Lithium's value of 17.08% is 228.8% above this industry median. Based on the distribution chart, Tianqi Lithium ranks #795 out of 1590 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tianqi Lithium has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianqi Lithium's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tianqi Lithium ranks #795 out of 1590 companies for ROE %. This puts Tianqi Lithium in the upper half of its industry. The industry median ROE % is 5.20. Tianqi Lithium's value of 17.08% is 228.8% above this benchmark. While the company's 10-year median is 18.75 vs. the industry median of 5.20, Tianqi Lithium has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tianqi Lithium's current ROE % of 17.08% is 228.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tianqi Lithium and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianqi Lithium's current ROE % is 17.08%, which is near median its own 10-year median of 18.75. 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 (TQLCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.95, compared to a current price of $8.75 — trading 121.5% above its estimated fair value. The current ROE % is 17.08%, which is near median its 10-year median of 18.75 and 228.8% above the Chemicals industry median of 5.20. Tianqi Lithium's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tianqi Lithium (TQLCF), the current ROE % is 17.08% 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 (TQLCF) Overvalued in 2026?

Based on GuruFocus' analysis, Tianqi Lithium stock appears to be overvalued. The current stock price of $8.75 is trading 121.5% above its estimated GF Value™ of $3.95. GuruFocus considers Tianqi Lithium to be Significantly Overvalued.

Key valuation signals for TQLCF:

  • ROE %: 17.08% (near median its 10-year median of 18.75)
  • GF Value™: $3.95 vs. price of $8.75 (121.5% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 228.8% above the Chemicals median (#795 of 1590)

No single metric tells the full story. See the TQLCF 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.
57GF Score

Get the complete analysis for TQLCF

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

$8.75
Price
$3.95
GF Value