2026‑03‑31 Financial Update – Ganfeng Lithium Group Co Ltd (01772.HK)
Ganfeng Lithium Group Co Ltd, a Chinese materials company listed on the Hong Kong Stock Exchange, released its 2025 annual results on March 31 2026. The company posted a net profit of RMB 1.614 billion, marking a turnaround to profitability after a period of losses. The earnings per share increased to RMB 0.15, and the company declared a final dividend of RMB 0.15 per share.
The performance figures were highlighted in a report by aastocks.com, which also noted that the shares rose 0.7 % in the day’s trading session. Short‑selling activity for the stock totaled USD 166.7 million, with a short‑sale ratio of 11, indicating that institutional investors are maintaining a cautious stance while still taking short positions.
Analyst Upgrade
Daiwa Research released a note on March 30 2026 upgrading Ganfeng Lithium to an “Outperform” rating. The brokerage raised its target price to HKD 85 per share. This upgrade follows the company’s profit announcement and reflects confidence in the company’s ability to sustain its earnings growth as lithium demand continues to rise. The note cites the company’s strong position in the lithium supply chain, including production of lithium metal, lithium aluminium hydride, lithium fluoride and other lithium compounds, as well as its export business.
Market Impact
Battery‑ETF Exposure – Ganfeng Lithium is a component of several battery‑focused exchange‑traded funds. On March 31, the Battery ETF Wanjia (159156) opened unchanged at 1.049 yuan, while the Battery ETF Industrial Securities (159840) opened down 0.89 %. In both ETFs, the weight of Ganfeng Lithium contributed to the overall performance; the ETF’s movement mirrored the broader battery‑sector sentiment, which included significant gains in peers such as BYD and a modest decline in companies like CATL.
Liquidity and Volume – Trading volume for Ganfeng Lithium on March 30 was part of a broader market swing where the Shanghai Composite Index gained 0.24 % and industrial‑metal sectors saw increased activity. The stock’s short‑sale ratio of 11 indicates that while there is short coverage, the liquidity remains healthy.
Fundamental Snapshot (as of 2026‑03‑29)
| Metric | Value |
|---|---|
| Close Price | HKD 74.55 |
| 52‑week High | HKD 76.35 |
| 52‑week Low | HKD 16.22 |
| Market Capitalisation | HKD 154 160 000 000 |
| P/E Ratio | –112.55 (negative due to prior losses) |
| Currency | HKD |
| Exchange | Hong Kong Stock Exchange |
| IPO | 10 August 2010 |
The company’s profitability rebound is a key driver behind the recent analyst upgrade and the modest upside in its share price. The target price of HKD 85 represents a potential upside of approximately 14 % from the closing price at the time of the earnings release.
Conclusion
Ganfeng Lithium’s transition to profitability and the subsequent analyst upgrade reflect positive momentum in the company’s core lithium‑product operations. The stock’s inclusion in battery‑focused ETFs means that its performance will continue to influence the broader battery‑materials sector. Investors should monitor the company’s ability to sustain earnings growth and the market’s response to the new target price set by Daiwa.
