Ganfeng Lithium Group Co Ltd Class A
002460: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <X | LOCK|tmd>m | LOCK|>BmQ#&> |
Ganfeng Earnings: Remains Loss-Making on Prolonged Margin Pressure From Falling Lithium Prices
Ganfeng has now posted a net loss for three consecutive quarters, mainly attributable to the decline in lithium compound prices despite volume growth. Gross margin declined 6 percentage points from the prior-year quarter.
