Ganfeng Lithium Group Co Ltd
F:39E0
Ganfeng Lithium Group Co Ltd
Research & Development
Ganfeng Lithium Group Co Ltd
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
Ganfeng Lithium Group Co Ltd
F:39E0
|
Research & Development
-¥996.7m
|
CAGR 3-Years
-113%
|
CAGR 5-Years
-87%
|
CAGR 10-Years
N/A
|
|
|
Shanghai Putailai New Energy Technology Co Ltd
SSE:603659
|
Research & Development
-¥805.1m
|
CAGR 3-Years
1%
|
CAGR 5-Years
-30%
|
CAGR 10-Years
N/A
|
|
|
Wanhua Chemical Group Co Ltd
SSE:600309
|
Research & Development
-¥4.7B
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-20%
|
CAGR 10-Years
N/A
|
|
|
Zhejiang Longsheng Group Co Ltd
SSE:600352
|
Research & Development
-¥610.2m
|
CAGR 3-Years
3%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
|
|
Hoshine Silicon Industry Co Ltd
SSE:603260
|
Research & Development
-¥487.1m
|
CAGR 3-Years
30%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
N/A
|
|
|
Tianqi Lithium Corp
SZSE:002466
|
Research & Development
-¥44.3m
|
CAGR 3-Years
-26%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
N/A
|
|
Ganfeng Lithium Group Co Ltd
Glance View
In the heart of the rapidly growing lithium industry, Ganfeng Lithium Group Co Ltd stands as a key player that has intricately woven itself into the fabric of global energy transformation. Founded in 2000 and headquartered in Jiangxi, China, Ganfeng has evolved from a small regional producer to a powerhouse in the lithium market. The company operates across the entire lithium value chain, from mining and refining to recycling. This broad scope grants Ganfeng a unique position as both a supplier and innovator, addressing multiple facets of the lithium market's growing demands. Their operations extend across continents, with lithium extraction projects in Australia, Argentina, and Mexico, ensuring a diversified resource base that supports their robust growth and reduces geopolitical risk. Ganfeng's streams of revenue are bolstered by its ability to capitalize on the escalating demand for lithium-ion batteries, which are critical for electric vehicles, energy storage solutions, and portable electronics. The company generates revenue by selling lithium compounds and metal products to manufacturers across the globe. These products, essential for battery production, are developed from the lithium extracted from their various mining projects, processed in their state-of-the-art facilities. Furthermore, Ganfeng has invested substantially in lithium recycling technologies, tapping into an emerging market for sustainable resource management. By closing the loop with recycling, they harness additional opportunities to monetize lithium while underscoring their commitment to sustainable practices. This multifaceted approach not only supports Ganfeng's financial growth but also positions it as a forward-thinking leader in the ever-evolving green economy.
See Also
What is Ganfeng Lithium Group Co Ltd's Research & Development?
Research & Development
-996.7m
CNY
Based on the financial report for Sep 30, 2023, Ganfeng Lithium Group Co Ltd's Research & Development amounts to -996.7m CNY.
What is Ganfeng Lithium Group Co Ltd's Research & Development growth rate?
Research & Development CAGR 5Y
-87%
Over the last year, the Research & Development growth was 9%. The average annual Research & Development growth rates for Ganfeng Lithium Group Co Ltd have been -113% over the past three years , -87% over the past five years .