---
title: "Tianqi Lithium Forecasts Sharp Profit Surge on Higher Prices and SQM Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292640317.md"
description: "Tianqi Lithium forecasts a dramatic profit surge for H1 2026, with net profit expected to reach RMB2.85-4.25 billion, up from RMB84 million last year. This turnaround is driven by higher lithium product prices and increased investment income from associate SQM. The company cautions that figures are preliminary. Analysts maintain a 'Buy' rating with a HK$65 price target."
datetime: "2026-07-14T13:09:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292640317.md)
  - [en](https://longbridge.com/en/news/292640317.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292640317.md)
---

# Tianqi Lithium Forecasts Sharp Profit Surge on Higher Prices and SQM Gains

Tianqi Lithium Corp. Class H ( (HK:9696) ) has issued an update.

Tianqi Lithium has issued a forecast for the first half of 2026 indicating a dramatic turnaround in profitability, with net profit expected to surge to between RMB2.85 billion and RMB4.25 billion, compared with about RMB84 million a year earlier, and basic earnings per share rising to RMB1.68–2.51 from RMB0.05. Management attributes the improvement to sharply higher selling prices for its core lithium products amid robust new energy demand, as well as a substantial expected increase in investment income from its associate SQM based on external earnings forecasts, while cautioning that the figures are preliminary and subject to adjustment once audited results and SQM’s official numbers are available.

The most recent analyst rating on (HK:9696) stock is a Buy  
with a HK$65.00 price target.  
To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock,  
see the HK:9696 Stock Forecast page.

**More about Tianqi Lithium Corp. Class H**

Tianqi Lithium Corporation is a China-based lithium producer focused on supplying key materials to the new energy sector, particularly batteries for electric vehicles and energy storage. Through its subsidiaries and strategic investments, including a significant stake in Chilean chemicals and lithium group SQM, the company is positioned as a major player in the global lithium supply chain.

**Average Trading Volume:** 8,083,342

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$89.61B

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