On January 27, Ganfeng Lithium announced that the company expects its net profit attributable to shareholders of the listed company for 2025 to be between Yuan 1.1 billion to 1.65 billion. This represents a turnaround from a net loss of Yuan 2.074 billion in the same period last year, shifting to profitability year-on-year.
During the reporting period, the increase in the stock price of Pilbara Minerals Limited (PLS) held by the company generated gains from changes in fair value. After hedging under the established risk management strategy related to collar options, the overall gains from changes in fair value amounted to approximately Yuan 1.03 billion.
Note: Ganfeng Lithium reported a net profit of Yuan 557 million in Q3 2025. Based on this calculation, the net profit for Q4 2025 is estimated to be between Yuan 1.074 billion to 1.624 billion, representing a sequential growth of 92% to 191%. The consensus analyst forecast for Q4 net profit was Yuan 247 million, indicating that the performance exceeded expectations.
Edited by Cassie Li, lixiangying@mysteel.com
