JL Mag Rare-Earth Co Ltd Class A
300748: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.W | LOCK|GTR& | LOCK|hB^%$l |
JL Mag Earnings: Revenue and Profit In Line; Stronger Gross Margin Recovery
JL Mag’s fourth-quarter revenue edged up 7% year over year to CNY 1.7 billion. The mild revenue growth was mainly driven by sales volume, while product selling prices remained lackluster due to a decline in rare-earth prices. Gross margin recovered 1.5 percentage points from the prior quarter.
