JL Mag Rare-Earth Co Ltd Class A
300748: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.y& | LOCK|@cx% | LOCK|Jf$zl?Z |
JL Mag Earnings: Revenue Missed, but Stronger Margin Recovery Leads to In-Line Profit
JL Mag’s third-quarter revenue grew 13% year over year, driven mainly by sales volume. Together with mildly increasing rare earth prices during the period, gross margin gained 8 percentage points sequentially from the prior quarter.
