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Chengxin Lithium Group (002240): The decline in lithium prices has dragged down performance, while the capability to secure mining resources has improved.
The company released its 2024 annual report and the Q1 2025 report. In 2024, the company achieved a revenue of 4.581 billion yuan, a year-on-year decrease of 42%, with a net profit attributable to shareholders of -0.622 billion yuan, turning from profit to loss year-on-year; the net profit attributable to shareholders after excluding non-recurring gains and losses was -8.97.
Chengxin Lithium Group (002240): High expenses in Q1 led to losses, and the Indonesian smelter is about to ramp up production.
Key investment points: Q1 performance meets expectations. The company's revenue for Q1 2025 is 0.69 billion yuan, with a year-on-year and month-on-month change of -43.4%/-36.7%. The net income attributable to the parent company is -0.15 billion yuan, with a year-on-year and month-on-month change of -7.7%/+3.2%. Excluding non-recurring items, the net income is...
Shengxin Lithium Energy: Report for the first quarter of 2025
Chengxin Lithium Group (002240.SZ): Net loss of 0.155 billion yuan in the first quarter.
Gelonghui, April 28 - Chengxin Lithium Group (002240.SZ) released its Q1 2025 report, during which it achieved revenue of 0.686 billion yuan, a decrease of 43.44% year-on-year; the net income attributable to shareholders of the listed company was -0.155 billion yuan, and the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -0.201 billion yuan, with an EPS of -0.17 yuan.
Chengxin Lithium Group (002240.SZ): Currently, the company's export Business mainly focuses on the Japan and South Korea regions.
On April 21, Gelonghui reported that Chengxin Lithium Group (002240.SZ) stated on the interactive platform that according to the company's 2024 annual report, overseas revenue accounts for 18.39% of total revenue, and the company's export business is mainly focused on the Japan and South Korea regions. The company is also closely monitoring changes in international trade policies and the environment and is actively responding.
Express News | The Exchange: Jiuling Lithium Industry, Chengxin Lithium Group, and 12 other companies are the first batch of "Green Forward" industrial base enterprises.