据证券之星公开数据整理，近期天齐锂业（002466）发布2025年中报。根据财报显示，天齐锂业净利润 同比增长101.62%。截至本报告期末，公司营业总收入48.33亿元，同比下降24.71%，归母净利润 8441.06万元，同比上升101.62%。按单季度数据看，第二季度营业总收入22.48亿元，同比下降 41.35%，第二季度归母净利润-1986.4万元，同比上升98.48%。 本次财报公布的各项数据指标表现一般。其中，毛利率39.73%，同比减23.32%，净利率31.29%，同比 增333.83%，销售费用、管理费用、财务费用总计453.52万元，三费占营收比0.09%，同比减98.85%，每 股净资产25.54元，同比减5.99%，每股经营性现金流1.11元，同比减18.58%，每股收益0.05元，同比增 101.57% 所得税费用变动幅度为-40.6%,原因:本报告期境外子公司文菲尔德利润总额减少。 筹资活动产生的现金流量净额变动幅度为208.23%,原因:本报告期分配现金股利以及支付给少数股东的 股利较上年同期下降。 证券之星价投圈财报分析工具显示： 业务评价：公司去年的ROIC为0.47%，资 ...

Core Viewpoint - Tianqi Lithium Industries reported a turnaround in its financial performance for the first half of 2025, achieving a revenue of 4.833 billion yuan and a net profit attributable to shareholders of 84.41 million yuan, marking a significant recovery from previous losses [1] Financial Performance - The company experienced a decline in product sales prices due to market fluctuations, but benefited from a shortened pricing cycle for its subsidiary's lithium mine and improved cost alignment for lithium chemical products [1] - Operating cash flow for the first half of 2025 was 1.82 billion yuan, down from 2.236 billion yuan in the same period last year, indicating strong cash retention [2] - As of June 30, 2025, the company's debt-to-asset ratio stood at 31.44%, maintaining a reasonable level [2] Production Capacity and Expansion - Tianqi Lithium has established a lithium concentrate production capacity of 1.62 million tons per year, with a mid-term target of 2.14 million tons per year, and a lithium chemical product capacity of approximately 91,600 tons per year, aiming for 122,600 tons per year [2] - Ongoing expansion projects include the construction of a chemical-grade lithium concentrate plant in Australia, expected to be completed by December 2025, and the development of a lithium project in Sichuan [2] Research and Development - The company focuses on four main research areas: comprehensive utilization of mineral resources, new lithium extraction technologies, next-generation high-performance lithium battery materials, and battery recycling [3] - As of June 30, 2025, Tianqi Lithium holds 286 authorized patents, including 130 invention patents, and has received a national patent gold award [2][3] - The company has established partnerships with universities and signed strategic agreements with leading downstream enterprises to facilitate technology transfer from laboratory to product application [3]

Core Viewpoint - Tianqi Lithium Industries has demonstrated resilience in the lithium industry by turning a profit in the first half of 2025, achieving a net profit of 84.41 million yuan, compared to a loss in the previous year, despite challenges from lithium price fluctuations and industry cycles [1][3] Financial Performance - The company reported a revenue of 4.833 billion yuan in the first half of 2025, with a significant year-on-year improvement in net profit [1] - Factors contributing to the improved performance include reduced pricing mismatch in lithium product sales, increased investment income from SQM, and a rise in foreign exchange gains due to currency fluctuations [1] Business Development - Tianqi Lithium is focused on expanding production capacity, with the completion of a 30,000-ton lithium hydroxide project in Jiangsu and ongoing construction of a lithium concentrate plant in Australia [2] - The total production capacity of the Greenbushes lithium concentrate plant is expected to reach 2.14 million tons per year upon completion [2] Industry Outlook - The lithium industry is experiencing a divergence in performance among A-share listed companies, with leading firms like Tianqi Lithium stabilizing profits while others face declines due to cyclical pressures [2] - Short-term lithium prices are expected to remain volatile, and increased competition poses new challenges for companies in the sector [2] Innovation and R&D - The company has adopted a dual-driven strategy of "R&D + Innovation Incubation," resulting in the acquisition of 286 authorized patents by mid-2025 [3] - Tianqi Lithium's new research institute focuses on breakthroughs in next-generation high-performance lithium battery materials and is also working on resource utilization and lithium extraction technologies [3][4] Technological Advancements - The company has completed experimental verification of new lithium negative electrode preparation technology and is advancing the construction of a pilot line for lithium sulfide production [4] - The development of lithium sulfide technology is seen as a key factor in enabling the industrialization of solid-state batteries [4]

Core Viewpoint - Tianqi Lithium Industries reported a significant turnaround in its financial performance for the first half of 2025, achieving a net profit of 84.41 million yuan compared to a loss of 5.206 billion yuan in the same period last year, despite a decline in revenue and lithium product prices [1] Financial Performance - The company achieved total revenue of 4.833 billion yuan in the first half of 2025, a year-on-year decrease of 24.71% [1] - The net profit attributable to shareholders was 84.41 million yuan, a significant recovery from a loss of 5.206 billion yuan in the previous year [1] - The non-recurring net profit was 132,000 yuan, compared to a loss of 52.21 million yuan in the same period last year [1] Product Pricing and Sales - The mainstream spot prices for lithium carbonate and lithium hydroxide ranged from 60,000 to 80,000 yuan per ton in the first half of 2025, with an overall downward trend despite a slight increase in January [1] - Revenue from lithium ore was 2.38 billion yuan, down 7.43% year-on-year, with a gross margin of 54.23%, a decrease of 11.41 percentage points [2] - Revenue from lithium compounds and derivatives was 2.442 billion yuan, a year-on-year decrease of 25.58%, with a gross margin of 25.58%, down 16.98 percentage points [2] Mining Operations - Tianqi Lithium holds mining rights for the world's largest lithium mine, the Greenbushes spodumene mine, which had a total ore extraction of 2.6941 million tons in the reporting period [2] - The average grade of chemical-grade ore was 1.89%, while the technical-grade ore had an average grade of 3.85% [2] - The total production capacity of lithium concentrate is approximately 1.62 million tons per year, with a planned capacity of 2.14 million tons per year [2] Strategic Investments - The company owns approximately 22.16% of SQM, which operates the world's largest lithium salt lake at the Salar de Atacama in Chile, known for its high lithium concentration and low operating costs [3] - Tianqi Lithium has established five lithium chemical product production bases in China and Australia, with a current production capacity of about 91,600 tons per year [3] Production Projects - The first phase of the lithium hydroxide project in Kwinana is currently ramping up, achieving an operational rate of 50% or more [3] - The Jiangsu Zhangjiagang project, with an annual production capacity of 30,000 tons of lithium hydroxide, has been completed and is in the trial operation phase [3] - An expansion project in Chongqing for the production of 1,000 tons of metallic lithium is underway, which will increase the company's total lithium chemical product capacity to 122,600 tons per year upon completion [3] Market Outlook - Starting from July 2025, macro policies have released positive signals, and lithium salt prices have rebounded due to supply disruptions caused by compliance issues in some regions [4]

Core Viewpoint - Tianqi Lithium Industries, known as the "Lithium King," reported a significant turnaround in its financial performance for the first half of 2025, achieving a net profit of 84.41 million yuan compared to a loss of 5.206 billion yuan in the same period last year, despite a decline in revenue and lithium product prices [1] Group 1: Financial Performance - In the first half of 2025, the company achieved total revenue of 4.833 billion yuan, a year-on-year decrease of 24.71% [1] - The net profit attributable to shareholders was 84.41 million yuan, a significant recovery from a loss of 5.206 billion yuan in the previous year [1] - The non-recurring net profit was 132,000 yuan, compared to a loss of 52.21 million yuan in the same period last year [1] Group 2: Product Pricing and Sales - The mainstream spot prices for lithium carbonate and lithium hydroxide ranged from 60,000 to 80,000 yuan per ton in the first half of 2025, with an overall downward trend despite a slight increase in January [1] - Revenue from lithium ore was 2.38 billion yuan, down 7.43% year-on-year, with a gross margin of 54.23%, a decrease of 11.41 percentage points [2] - Revenue from lithium compounds and derivatives was 2.442 billion yuan, a year-on-year decrease of 25.58%, with a gross margin of 25.58%, down 16.98 percentage points [2] Group 3: Production and Operations - The Greenbushes lithium spodumene mine, which the company holds mining rights to, had a total ore extraction of 2.6941 million tons in the reporting period, with a chemical-grade ore extraction of 2.5872 million tons and an average grade of 1.89% [2] - The company has a total lithium concentrate production capacity of approximately 1.62 million tons per year, with a planned capacity of 2.14 million tons per year [2] - The first phase of the lithium hydroxide project in Kwinana is currently ramping up, achieving an operational rate of 50% or more, while the Jiangsu Zhangjiagang project has been completed and is in trial operation [3] Group 4: Market Conditions - Starting from July 2025, macro policies have released positive signals, and lithium salt prices have rebounded due to supply-side disturbances caused by compliance issues in some regions [4]

智通财经APP讯，天齐锂业(09696)发布截至2025年6月30日止六个月未经审核中期业绩，收益48.21亿元 (人民币，下同)，同比减少24.68%;股东应占溢利8665.3万元，上年同期股东应占亏损51.98亿元，同比 扭亏为盈;每股基本盈利0.05元。 ...

天齐锂业（002466）(09696)发布截至2025年6月30日止六个月未经审核中期业绩，收益48.21亿元(人民 币，下同)，同比减少24.68%;股东应占溢利8665.3万元，上年同期股东应占亏损51.98亿元，同比扭亏为 盈;每股基本盈利0.05元。 ...

关于变更部分回购股份用途并注销的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 天齐锂业股份有限公司（以下简称"公司"）于2025年8月29日分别召开第六届董事会第 二十五次会议、第六届监事会第十五次会议审议通过《关于变更部分回购股份用途并注销的议 案》，拟变更经公司于2024年10月14日召开的第六届董事会第十六次会议和第六届监事会第九 次会议审议通过《关于变更公司股份回购专户2022年回购股份用途的议案》的回购股份用途， 由"用于A股限制性股票激励计划"变更为"用于注销并减少公司注册资本"。现将相关情况 公告如下： 一、回购股份实施情况 2022 年 8 月 30 日，公司召开第五届董事会第二十八次会议和第五届监事会第二十二次会 议，审议通过了《关于以集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资 金以集中竞价交易方式回购公司已发行的部分人民币普通股（A 股）股份。本次拟回购股份价 格不超过人民币 150 元/股（含），回购资金总额不低于人民币 13,600 万元（含）且不超过人民 币 20,000 万元（含）。具体内容详见公司分别于 ...

Core Viewpoint - Tianqi Lithium Industry (002466.SZ) reported a revenue of 4.833 billion yuan and a net profit of 84.41 million yuan for the first half of 2025, marking a turnaround from losses in the previous year [1] Group 1: Revenue and Profit Performance - The company achieved a significant increase in net profit compared to the previous year, driven by improved operational efficiencies and market conditions [1] - Despite a decline in lithium product sales prices due to market fluctuations, the company benefited from a shortened pricing cycle for its subsidiary, Wenfield Lithium Mine [1] Group 2: Contributing Factors - The performance of the company's key associate, SQM, saw a substantial year-on-year increase, leading to higher investment income recognized in the reporting period [1] - The appreciation of the Australian dollar since the beginning of 2025 resulted in increased foreign exchange gains compared to the same period last year [1]

天齊鋰業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9696） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條刊發。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 Tianqi Lithium Corporation 天齊鋰業股份有限公司 董事長兼執行董事 蔣安琪 香港，2025年8月29日 於本公告日期，本公司董事會由以下成員組成：執行董事蔣安琪女士、蔣衛平先生、夏浚 誠先生及鄒軍先生；及獨立非執行董事向川先生、唐國瓊女士、黃瑋女士及吳昌華女士。 茲載列天齊鋰業股份有限公司（「本公司」）在深圳證券交易所網站(http://www.szse.cn/) 刊發的《2025年半年度非經營性資金佔用及其他關聯資金往來情況匯總表》如下，僅供參閱。 承董事會命 金额单位：万元 | 非经营性资金占 | 资金占用方 | 占用方与上市公 | 上市公司核算 | 2025年期初 | 2025年1-6月占 | 2 ...