JL Mag Rare-Earth Co Ltd Class A
300748: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.h | LOCK|&J!Md | LOCK|@^#CV&d |
JL Mag Earnings: Revenue in Line and Profit Beat on Stronger Margin Recovery
JL Mag’s first-quarter revenue grew by 14% year over year to CNY 1.8 billion, due to higher sales volume that offset soft selling prices dampened by a decline in rare earth prices. Gross margin further improved by 1.4 percentage points sequentially from the prior quarter.
