JL Mag Rare-Earth Co Ltd Class A
300748: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.nk | LOCK|xbp^ | LOCK|k<D<dD |
JL Mag: Preliminary Results as We Expected; Margin Recovery in Sight
JL Mag reported in-line preliminary 2024 annual results, with full-year net profit slipping 42%-52% year over year to CNY 271 million-CNY 327 million. The midpoint of the guidance is 4% above our full-year net profit estimate of CNY 286 million.
