Risk factor
Good trading liquidity
Profitability factor
Favourable analyst view
About
Chengxin Lithium Group Co., Ltd. primarily focuses on the extraction, manufacturing, and distribution of lithium salt within China. Beyond its core activities, the company also operates in lithium beneficiation and forestry. Its diverse lithium products serve critical roles in various sectors, including cathode materials for lithium-ion batteries, energy storage solutions, the petrochemical industry, pharmaceuticals, and other specialized applications. The firm was established in 1997 and maintains its headquarters in Shenzhen, China. It adopted its current designation, Chengxin Lithium Group Co., Ltd., in September 2021, having previously operated as Shenzhen Chengxin Lithium Group Co., Ltd.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of 002240.SZ is 39.0 and suggests 55.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to