Tianqi Lithium books RMB277.00 million impairment for FY2025, trimming net profit by RMB105.00 million

Bulletin Express03-27

On 27 March 2026, Tianqi Lithium Corporation disclosed an asset-impairment provision of RMB277.00 million for the financial year ended 31 December 2025, following a comprehensive year-end review conducted under Chinese Accounting Standards and IFRS.

The bulk of the charge stems from a RMB264.00 million write-down on inventories, reflecting lower net realisable values. Additional items include RMB17.00 million in expected-credit-loss provisions on trade receivables and RMB1.00 million related to fixed-asset impairment, partly offset by a RMB4.00 million reversal on other receivables.

Management indicated that the impairment will reduce FY2025 net profit attributable to shareholders by approximately RMB105.00 million and lower shareholder equity by the same amount as at 31 December 2025.

The board advises investors to exercise caution when dealing in the company’s shares.

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