智通财经网·2026-01-29 13:55Core Viewpoint - Tianqi Lithium Industries (09696) anticipates a significant turnaround in its financial performance for the year ending December 31, 2025, projecting a net profit attributable to shareholders between RMB 369 million and RMB 553 million, compared to a net loss of approximately RMB 7.905 billion in the previous year [1] Group 1 - The expected net profit range for the current reporting period is RMB 369 million to RMB 553 million, while the previous year recorded a net loss of RMB 7.905 billion [1] - The projected net profit, excluding non-recurring gains and losses, is estimated to be between RMB 240 million and RMB 360 million, compared to a loss of RMB 792.3 million in the prior year [1] - Basic earnings per share are expected to be between RMB 0.22 and RMB 0.34, a significant improvement from a loss of RMB 4.82 per share in the previous year [1] Group 2 - The main reason for the expected performance change is the reduced impact of pricing cycle mismatches in lithium product sales, despite a decline in sales prices due to market fluctuations [1] - The company’s subsidiary, Windfield Holdings Pty Ltd, has improved its pricing cycle, which has positively affected the cost of lithium concentrate used in production [1] - The company is also benefiting from the gradual consumption of inventory lithium concentrate and the arrival of newly purchased lithium concentrate [1] Group 3 - The company’s investment income from its associate, Sociedad Química y Minera de Chile S.A. (SQM), is expected to increase significantly due to projected growth in SQM's performance for the fourth quarter of 2025 [2] - The appreciation of the Australian dollar against the US dollar has resulted in increased foreign exchange gains compared to the previous year [2] - The company plans to conduct impairment tests on assets showing signs of impairment as of the 2025 balance sheet date, with preliminary estimates indicating a reduction in impairment losses compared to 2024 [2]