GANFENG LITHIUM GR - Financials

GANFENG LITHIUM GR — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007
+Revenue	18.9B	33.0B	41.8B	11.2B	5.5B	5.3B	5.0B	4.4B	2.8B	1.4B	869.0M	686.0M	628.0M	475.0M	360.0M	247.0M	241.0M	210.0M
Revenue Growth %	-42.7%	-21.2%	274.7%	102.1%	3.4%	6.8%	14.2%	54.1%	110.0%	55.8%	26.7%	9.2%	32.2%	31.9%	45.7%	2.5%	14.8%	--
Total Revenue	18.9B	33.0B	41.8B	11.2B	5.5B	5.3B	5.0B	4.4B	2.8B	1.4B	869.0M	686.0M	628.0M	475.0M	360.0M	247.0M	241.0M	210.0M
Cost Of Revenue	16.9B	28.5B	21.1B	6.7B	4.3B	4.1B	3.2B	2.6B	1.9B	1.1B	684.0M	527.0M	492.0M	375.0M	278.0M	183.0M	169.0M	153.0M
+Gross Profit	2.0B	4.5B	20.7B	4.4B	1.2B	1.3B	1.8B	1.8B	983.0M	295.0M	185.0M	159.0M	136.0M	100.0M	82.0M	64.0M	72.0M	57.0M
Gross Margin %	10.8%	13.7%	49.5%	39.8%	21.4%	23.5%	36.1%	40.5%	34.6%	21.8%	21.3%	23.2%	21.7%	21.1%	22.8%	25.9%	29.9%	27.1%
Total Operating Cost	20.3B	33.2B	23.6B	7.8B	5.0B	4.7B	3.7B	3.0B	2.3B	1.2B	781.0M	606.0M	556.0M	417.0M	312.0M	208.0M	198.0M	171.0M
Selling Expenses	147.0M	112.0M	117.0M	61.6M	48.2M	62.5M	82.4M	53.2M	50.9M	34.6M	27.4M	20.2M	19.6M	11.2M	9.7M	5.2M	6.3M	4.7M
Admin Expenses	871.0M	982.0M	933.0M	470.0M	169.0M	273.0M	283.0M	137.0M	102.0M	81.0M	59.1M	49.7M	37.9M	31.8M	20.9M	12.9M	13.3M	9.3M
Rd Expenses	911.0M	1.3B	1.0B	339.0M	140.0M	79.6M	62.5M	38.0M	--	--	--	--	--	--	--	--	--	--
Finance Expenses	874.0M	581.0M	-83.4M	182.0M	171.0M	70.3M	82.0M	53.5M	17.3M	18.7M	6.7M	4.9M	-1.8M	-4.9M	4.1M	3.9M	6.5M	3.3M
+Operating Income	-2.3B	5.2B	22.8B	5.7B	1.1B	475.0M	1.4B	1.8B	569.0M	130.0M	92.1M	77.7M	70.1M	56.6M	47.3M	38.9M	43.4M	39.4M
Operating Margin %	-12.1%	15.8%	54.4%	51.2%	20.5%	8.9%	27.4%	40.0%	20.0%	9.6%	10.6%	11.3%	11.2%	11.9%	13.1%	15.8%	18.0%	18.8%
Non Operating Income	11.0M	57.9M	37.2M	66.8M	2.0M	3.3M	139.0M	91,400	16.0M	22.4M	14.9M	20.4M	16.3M	10.0M	5.4M	6.6M	10.9M	5.1M
Non Operating Expenses	16.4M	17.5M	21.1M	12.1M	9.7M	4.1M	4.9M	16.3M	50.2M	2.0M	5.7M	12.0M	4.4M	2.0M	1.2M	1.6M	874,100	310,400
Investment Income	101.0M	3.3B	4.0B	92.9M	28.9M	162.0M	175.0M	257.0M	22.3M	1.4M	3.6M	-2.2M	-2.4M	-1.7M	--	122,000	-371,000	--
Fair Value Change Income	-1.5B	576.0M	404.0M	2.2B	526.0M	-395.0M	-220.0M	21.0M	-118,900	-586,200	--	--	--	--	--	--	--	--
Asset Disposal Income	-2.2M	1.0M	4.6M	241,200	-105,700	-13.2M	-774,100	53,600	-7.3M	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	423.0M	1.6B	64.5M	8.0M	22.7M	43.2M	4.7M	29.5M	238.0M	26.3M	1.2M	3.0M	6.4M	2.1M	-974,500	1.1M	1.5M	514,300
Other Income	439.0M	1.5B	120.0M	64.6M	84.6M	54.8M	158.0M	61.9M	--	--	--	--	--	--	--	--	--	--
Income Before Tax	-2.3B	5.3B	22.8B	5.8B	1.1B	474.0M	1.5B	1.7B	534.0M	150.0M	101.0M	86.1M	82.1M	64.6M	51.5M	43.9M	53.4M	44.2M
Income Tax	329.0M	683.0M	2.3B	357.0M	63.7M	121.0M	163.0M	270.0M	69.0M	25.1M	16.9M	16.6M	14.1M	11.5M	8.8M	10.1M	14.5M	14.7M
+Net Income	-2.6B	4.6B	20.5B	5.4B	1.1B	353.0M	1.3B	1.5B	465.0M	125.0M	84.4M	69.5M	68.0M	53.1M	42.7M	33.9M	38.9M	29.5M
Net Margin %	-13.9%	13.9%	48.9%	48.5%	19.3%	6.6%	26.8%	33.5%	16.4%	9.2%	9.7%	10.1%	10.8%	11.2%	11.9%	13.7%	16.1%	14.1%
Net Income Attributable	-2.1B	4.9B	20.5B	5.2B	1.0B	358.0M	1.3B	1.5B	464.0M	125.0M	85.7M	74.1M	69.6M	54.3M	42.6M	33.9M	38.9M	29.5M
Minority Interest	-556.0M	-372.0M	-43.0M	188.0M	38.9M	-4.7M	596,200	-498,200	1.1M	-356,600	-1.3M	-4.6M	-1.6M	-1.2M	36,400	--	-11,600	21,600
Eps Basic	-1.03	2.46	10.18	2.67	0.79	0.28	1.18	1.32	0.62	0.17	0.24	0.25	0.46	0.36	0.34	0.45	0.52	0.41
Eps Diluted	-1.03	2.46	10.17	2.66	0.79	0.28	1.18	1.32	0.62	0.17	0.24	0.25	0.46	0.36	0.34	0.45	0.52	0.41

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007
Cash And Equivalents	5.9B	9.5B	9.9B	6.3B	2.2B	1.7B	3.6B	2.2B	198.0M	181.0M	374.0M	545.0M	88.7M	208.0M	371.0M	21.2M	24.3M	12.8M
Trading Financial Assets	15.5M	63.0M	216.0M	281.0M	87.1M	12.9M	193.0M	191.0M	1.3M	1.4M	--	--	--	--	--	--	--	--
Accounts Receivable	4.0B	4.9B	7.9B	2.5B	1.4B	915.0M	1.0B	508.0M	444.0M	361.0M	206.0M	170.0M	139.0M	91.8M	71.4M	43.0M	23.3M	36.4M
Notes Receivable	--	--	--	--	--	--	--	438.0M	133.0M	117.0M	111.0M	101.0M	58.9M	39.6M	26.2M	33.5M	18.3M	6.8M
Notes And Accounts Receivable	4.0B	4.9B	7.9B	2.5B	1.4B	915.0M	1.0B	945.0M	577.0M	479.0M	317.0M	271.0M	198.0M	131.0M	97.6M	76.5M	41.5M	43.3M
Prepayments	316.0M	433.0M	632.0M	218.0M	545.0M	230.0M	310.0M	190.0M	82.0M	20.6M	27.6M	14.4M	83.7M	70.8M	29.6M	25.4M	10.9M	6.3M
Inventory	8.6B	8.3B	10.1B	3.3B	2.2B	2.3B	1.9B	915.0M	534.0M	313.0M	329.0M	219.0M	186.0M	121.0M	82.6M	46.6M	78.8M	45.1M
Total Current Assets	22.0B	28.2B	32.0B	14.6B	8.8B	5.7B	7.9B	4.6B	1.5B	1.0B	1.1B	1.1B	558.0M	534.0M	583.0M	175.0M	156.0M	110.0M
Long Term Equity Investment	13.3B	13.6B	10.2B	4.1B	1.6B	3.7B	1.9B	795.0M	419.0M	169.0M	6.8M	7.6M	11.3M	10.7M	1.2M	1.2M	1.2M	1.2M
Fixed Assets	--	12.3B	4.8B	3.0B	2.3B	2.1B	1.5B	795.0M	646.0M	590.0M	575.0M	254.0M	234.0M	166.0M	120.0M	93.8M	96.3M	68.2M
Fixed Assets Total	16.4B	12.3B	4.8B	3.0B	2.3B	2.1B	1.5B	795.0M	646.0M	590.0M	575.0M	254.0M	234.0M	166.0M	120.0M	93.8M	96.3M	68.2M
Construction In Progress	--	11.1B	9.5B	5.8B	3.8B	908.0M	1.0B	761.0M	482.0M	144.0M	82.2M	315.0M	147.0M	66.9M	46.0M	10.0M	795,200	5.7M
Construction In Progress Total	19.4B	11.3B	9.5B	5.8B	3.8B	912.0M	1.1B	778.0M	501.0M	151.0M	94.1M	329.0M	161.0M	76.6M	54.5M	13.5M	1.3M	6.4M
Intangible Assets	21.5B	18.0B	14.3B	5.1B	3.6B	348.0M	313.0M	298.0M	251.0M	232.0M	104.0M	102.0M	63.2M	30.3M	14.4M	13.0M	31.8M	11.2M
Long Term Deferred Expenses	462.0M	110.0M	89.5M	94.7M	69.0M	25.7M	24.3M	27.9M	67,900	29,900	49,700	69,500	89,300	--	--	--	--	--
Total Non Current Assets	78.8B	63.5B	47.2B	24.4B	13.2B	8.5B	5.7B	3.4B	2.3B	1.5B	811.0M	724.0M	490.0M	296.0M	193.0M	125.0M	138.0M	90.0M
Total Assets	100.8B	91.7B	79.2B	39.1B	22.0B	14.2B	13.6B	8.0B	3.8B	2.5B	2.0B	1.8B	1.0B	830.0M	776.0M	300.0M	294.0M	200.0M
Short Term Borrowings	9.1B	6.5B	2.1B	2.0B	1.6B	1.1B	1.3B	1.2B	439.0M	172.0M	327.0M	267.0M	70.7M	--	--	55.0M	79.8M	35.4M
Accounts Payable	8.8B	6.2B	7.7B	1.6B	1.2B	914.0M	1.0B	412.0M	278.0M	174.0M	108.0M	106.0M	76.7M	51.5M	29.1M	19.3M	20.6M	14.8M
Advance Receipts	--	--	--	--	--	--	--	101.0M	62.7M	23.6M	9.2M	4.5M	3.5M	4.6M	3.6M	2.8M	2.8M	3.2M
Contract Liabilities	174.0M	282.0M	493.0M	150.0M	41.0M	39.0M	46.1M	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	31.7B	20.3B	18.7B	8.2B	4.1B	3.3B	3.8B	2.8B	1.2B	483.0M	485.0M	401.0M	237.0M	90.3M	57.9M	104.0M	134.0M	80.2M
Long Term Borrowings	15.3B	15.6B	9.1B	3.6B	1.7B	1.4B	706.0M	320.0M	56.0M	106.0M	7.0M	7.0M	--	--	--	6.0M	--	--
Total Non Current Liabilities	21.6B	19.1B	11.6B	4.7B	4.5B	2.5B	1.7B	1.1B	127.0M	161.0M	81.4M	81.4M	--	--	--	6.0M	--	--
Total Liabilities	53.2B	39.4B	30.3B	12.9B	8.6B	5.8B	5.5B	4.0B	1.3B	644.0M	567.0M	482.0M	237.0M	90.3M	57.9M	110.0M	134.0M	80.2M
Paid In Capital	2.0B	2.0B	2.0B	1.4B	1.3B	1.3B	1.3B	742.0M	753.0M	378.0M	357.0M	178.0M	153.0M	150.0M	100.0M	75.0M	75.0M	75.0M
Capital Reserve	10.3B	12.1B	12.4B	12.0B	4.8B	3.2B	3.6B	1.1B	712.0M	1.1B	764.0M	936.0M	466.0M	427.0M	477.0M	22.8M	22.8M	22.8M
Surplus Reserve	3.1B	1.0B	1.0B	580.0M	399.0M	386.0M	343.0M	230.0M	89.2M	38.5M	31.8M	21.6M	15.6M	12.2M	9.0M	4.1M	2.9M	1.9M
Retained Earnings	25.2B	31.0B	28.1B	8.4B	3.8B	3.2B	3.2B	1.9B	694.0M	337.0M	254.0M	205.0M	167.0M	131.0M	120.0M	82.3M	49.7M	11.8M
Minority Equity	5.8B	5.3B	4.8B	4.3B	2.7B	55.0M	53.5M	6.0M	2.2M	663,800	1.2M	-310,900	4.3M	15.6M	4.4M	--	1.5M	2.8M
Equity Attributable	41.8B	47.0B	44.0B	21.9B	10.7B	8.4B	8.0B	4.0B	2.5B	1.9B	1.4B	1.3B	806.0M	724.0M	714.0M	190.0M	158.0M	117.0M
Total Equity	47.6B	52.3B	48.9B	26.2B	13.4B	8.4B	8.1B	4.0B	2.5B	1.9B	1.4B	1.3B	811.0M	740.0M	719.0M	190.0M	159.0M	120.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007
Cash From Sales	17.2B	34.1B	35.8B	8.6B	4.2B	4.7B	4.0B	3.5B	3.1B	1.6B	959.0M	722.0M	624.0M	513.0M	399.0M	245.0M	292.0M	234.0M
Tax Refunds Received	133.0M	178.0M	27.1M	3.4M	3.1M	26.6M	22.2M	336,500	5.8M	5.2M	2.7M	1.2M	1.8M	1.2M	385,800	973,500	--	786,000
Total Operating Cash Inflow	18.0B	36.5B	36.3B	8.8B	4.3B	4.9B	4.2B	3.5B	3.2B	1.6B	976.0M	745.0M	649.0M	532.0M	407.0M	254.0M	302.0M	240.0M
Cash Paid For Goods	9.3B	28.9B	20.0B	5.1B	2.8B	3.4B	2.7B	2.3B	2.1B	995.0M	823.0M	564.0M	560.0M	426.0M	348.0M	160.0M	217.0M	196.0M
Cash Paid To Employees	2.3B	1.9B	820.0M	603.0M	401.0M	389.0M	240.0M	192.0M	155.0M	108.0M	59.1M	49.5M	47.8M	42.2M	25.7M	15.8M	15.1M	12.4M
Taxes Paid	855.0M	5.2B	2.8B	401.0M	174.0M	338.0M	436.0M	400.0M	138.0M	75.2M	39.9M	38.4M	36.9M	20.1M	17.8M	23.2M	34.9M	27.8M
Total Operating Cash Outflow	12.8B	36.3B	23.9B	6.2B	3.6B	4.2B	3.5B	3.0B	2.5B	1.2B	965.0M	682.0M	660.0M	498.0M	412.0M	206.0M	276.0M	244.0M
Operating Cash Flow	5.2B	146.0M	12.5B	2.6B	746.0M	669.0M	685.0M	504.0M	658.0M	366.0M	11.1M	63.6M	-11.7M	34.4M	-4.7M	47.7M	26.6M	-4.5M
Total Investing Cash Inflow	1.4B	3.4B	3.7B	2.4B	1.3B	876.0M	1.2B	259.0M	23.6M	300.0M	138.0M	8.8M	47.8M	4.2M	7.7M	23.3M	13.7M	1.0M
Total Investing Cash Outflow	13.6B	13.6B	19.0B	8.5B	5.3B	3.7B	3.6B	1.1B	908.0M	850.0M	344.0M	261.0M	239.0M	166.0M	78.4M	54.5M	58.1M	43.2M
Investing Cash Flow	-12.2B	-10.2B	-15.3B	-6.2B	-4.0B	-2.8B	-2.4B	-840.0M	-884.0M	-550.0M	-206.0M	-253.0M	-191.0M	-162.0M	-70.7M	-31.2M	-44.5M	-42.2M
Cash From Borrowings	22.8B	19.1B	10.6B	6.6B	5.0B	4.3B	2.2B	3.4B	668.0M	459.0M	526.0M	449.0M	175.0M	40.0M	78.8M	52.1M	104.0M	37.4M
Dividends And Interest Paid	2.5B	2.5B	680.0M	597.0M	531.0M	510.0M	348.0M	117.0M	77.5M	51.5M	35.7M	37.1M	31.1M	42.0M	3.8M	3.6M	5.5M	7.6M
Debt Repayments	15.0B	6.6B	3.3B	4.0B	4.5B	3.0B	1.7B	2.4B	360.0M	532.0M	466.0M	242.0M	104.0M	40.0M	130.0M	69.5M	59.3M	16.9M
Total Financing Cash Inflow	23.0B	20.2B	11.0B	11.8B	8.9B	4.7B	5.2B	5.0B	669.0M	579.0M	526.0M	935.0M	212.0M	41.0M	568.0M	52.1M	105.0M	88.3M
Total Financing Cash Outflow	19.5B	10.0B	4.6B	4.7B	5.3B	4.5B	2.5B	2.7B	438.0M	596.0M	502.0M	282.0M	135.0M	82.0M	141.0M	76.3M	76.6M	32.9M
Financing Cash Flow	3.4B	10.2B	6.4B	7.1B	3.6B	241.0M	2.7B	2.3B	231.0M	-16.9M	23.8M	652.0M	77.3M	-41.0M	426.0M	-24.2M	28.7M	55.3M
Net Change In Cash	-3.7B	221.0M	3.8B	3.5B	381.0M	-1.9B	1.1B	2.0B	6.3M	-199.0M	-171.0M	463.0M	-126.0M	-169.0M	351.0M	-7.8M	10.7M	8.6M
Ending Cash Balance	5.6B	9.3B	9.1B	5.2B	1.7B	1.3B	3.2B	2.2B	169.0M	163.0M	362.0M	533.0M	70.4M	196.0M	366.0M	15.1M	22.9M	12.2M
Capex	9.2B	8.6B	5.0B	3.4B	1.2B	814.0M	1.2B	353.0M	506.0M	131.0M	150.0M	251.0M	216.0M	137.0M	77.8M	40.3M	55.0M	40.1M