JL Mag Rare-Earth Co Ltd Class A

300748: XSHE (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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JL Mag Earnings: Revenue and Margin Beat, While Profit in Line Due to Higher Operating Expenses

Vincent Sun

Mar 26, 2026

JL Mag’s fourth-quarter revenue grew 34% year on year. Together with increasing rare-earth prices during the period, gross margin gained 11 percentage points sequentially from the prior quarter.

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JL Mag Rare-Earth Co Ltd Class A

JL Mag Earnings: Revenue and Margin Beat, While Profit in Line Due to Higher Operating Expenses

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