JL Mag Rare-Earth Co., Ltd. logo

JL Mag Rare-Earth Co., Ltd.

6680.HK

HKSEIndustrialsManufacturing - Metal Fabrication

Latest quote

HK$17.68

+HK$0.44 · +2.55%

Aug 24, 11:04 AM HKT

6680.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

JL Mag Rare-Earth Co., Ltd. specializes in the research, development, manufacturing, and worldwide distribution of high-performance rare earth permanent magnetic materials. The company's primary offering consists of Neodymium Iron Boron (NdFeB) permanent magnets. These essential components are widely applied across various advanced industries, including new energy vehicles, automotive parts, energy-efficient variable-frequency air conditioning systems, wind power generation, consumer electronics (3C), robotics, industrial servo motors, sustainable elevator systems, and railway transportation. Established in 2008, JL Mag Rare-Earth Co., Ltd. is based in Ganzhou, China, and operates as a subsidiary of Jiangxi Ruide Venture Capital Co. Ltd.

Industry
Manufacturing - Metal Fabrication
Sector
Industrials
Headquarters
CN
CEO
Baogui Cai
Listed since
Jan 14, 2022
Employees
7,302

Market position

Day range

Current HK$17.68

52-week range

Current HK$17.68

Open
HK$17.42
Previous close
HK$17.24
Volume
3.34M
0.63× average
Average volume
5.27M
Average daily volume
Market cap
45.62B HKD
Beta
0.85
Market reference 1
50-day average
HK$17.4842
+1.12% above average
200-day average
HK$19.5957
-9.78% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
43.33×
P/B (TTM)
4.87×
P/S (TTM)
4.28×
Dividend yield
1.44%

Profitability & efficiency

Gross margin
23.63%
Operating margin
10.68%
Net margin
9.74%

Financial health

Debt / equity
0.8×
Altman Z-score
3.99
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%17%10%3%Gross margin, FY2021: 21.84%Gross margin, FY2022: 15.72%Gross margin, FY2023: 16.07%Gross margin, FY2024: 11.13%Gross margin, FY2025: 20.69%Operating margin, FY2021: 13.82%Operating margin, FY2022: 8.27%Operating margin, FY2023: 9.25%Operating margin, FY2024: 4.72%Operating margin, FY2025: 8.88%Net margin, FY2021: 9.25%Net margin, FY2022: 8.46%Net margin, FY2023: 8.43%Net margin, FY2024: 4.30%Net margin, FY2025: 9.16%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.84%. Gross margin FY2022 15.72%. Gross margin FY2023 16.07%. Gross margin FY2024 11.13%. Gross margin FY2025 20.69%. Operating margin FY2021 13.82%. Operating margin FY2022 8.27%. Operating margin FY2023 9.25%. Operating margin FY2024 4.72%. Operating margin FY2025 8.88%. Net margin FY2021 9.25%. Net margin FY2022 8.46%. Net margin FY2023 8.43%. Net margin FY2024 4.30%. Net margin FY2025 9.16%.

Income trends

Revenue

7.51B CNY+10.98%

Operating income

666.33M CNY+108.92%

Net income

687.34M CNY+136.17%
Income trends across reported periods9.1B CNY5.9B CNY2.69B CNY−510.2M CNYRevenue, FY2021: 4.9B CNYRevenue, FY2022: 8.3B CNYRevenue, FY2023: 6.69B CNYRevenue, FY2024: 6.76B CNYRevenue, FY2025: 7.51B CNYOperating income, FY2021: 677.25M CNYOperating income, FY2022: 686.97M CNYOperating income, FY2023: 618.8M CNYOperating income, FY2024: 318.95M CNYOperating income, FY2025: 666.33M CNYNet income, FY2021: 453.07M CNYNet income, FY2022: 702.69M CNYNet income, FY2023: 563.69M CNYNet income, FY2024: 291.04M CNYNet income, FY2025: 687.34M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.9B CNY. Revenue FY2022 8.3B CNY. Revenue FY2023 6.69B CNY. Revenue FY2024 6.76B CNY. Revenue FY2025 7.51B CNY. Operating income FY2021 677.25M CNY. Operating income FY2022 686.97M CNY. Operating income FY2023 618.8M CNY. Operating income FY2024 318.95M CNY. Operating income FY2025 666.33M CNY. Net income FY2021 453.07M CNY. Net income FY2022 702.69M CNY. Net income FY2023 563.69M CNY. Net income FY2024 291.04M CNY. Net income FY2025 687.34M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue7.51B CNY6.76B CNY6.69B CNY8.3B CNY4.9B CNY
Cost of goods sold5.95B CNY6.01B CNY5.61B CNY7B CNY3.83B CNY
Gross profit1.55B CNY752.61M CNY1.07B CNY1.31B CNY1.07B CNY
Research and development483.52M CNY320.88M CNY354.28M CNY389.77M CNY189.3M CNY
Selling, general, and administrative165.66M CNY99.69M CNY80.25M CNY88.28M CNY99.66M CNY
Operating expenses886.75M CNY433.66M CNY456.12M CNY618.11M CNY392.79M CNY
Interest income91.41M CNY70.9M CNY71.87M CNY39.56M CNY12.72M CNY
Interest expense77.43M CNY42.78M CNY47.94M CNY66.59M CNY75.49M CNY
Depreciation and amortization232.84M CNY167.44M CNY143.99M CNY130.67M CNY94.72M CNY
Operating income666.33M CNY318.95M CNY618.8M CNY686.97M CNY677.25M CNY
Net income687.34M CNY291.04M CNY563.69M CNY702.69M CNY453.07M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
22%
2 beats, 6 misses, 1 met estimate
Average EPS surprise
+40.16%
9 comparable reports
Latest EPS result
0.24
Estimate 0.24 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.290.210.140.06Q4 '24No estimateQ1 '25MissQ2 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MetQ4 '26Estimate
Q4 2024, reported Dec 31, 2024: actual 0.075, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 0.128, estimate 0.217, surprise -41.08%, Miss. Q2 2025, reported Jun 30, 2025: actual 0.118, estimate 0.14, surprise -15.40%, Miss. Q4 2025, reported Oct 20, 2025: actual 0.164, estimate 0.164, surprise -0.12%, Miss. Q1 2026, reported Mar 25, 2026: actual 0.172, estimate 0.248, surprise -30.40%, Miss. Q2 2026, reported Apr 28, 2026: actual 0.161, estimate 0.149, surprise +7.50%, Beat. Q3 2026, reported Aug 20, 2026: actual 0.244, estimate 0.244, surprise 0.00%, Met estimate. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.231, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.47B2.89B2.31B1.73BQ4 '24No estimateQ1 '25MissQ2 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q4 2024, reported Dec 31, 2024: actual 1.86B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 1.87B HKD, estimate 2.86B HKD, surprise -34.45%, Miss. Q2 2025, reported Jun 30, 2025: actual 1.92B HKD, estimate 3.08B HKD, surprise -37.71%, Miss. Q4 2025, reported Oct 20, 2025: actual 2.04B HKD, estimate 2.48B HKD, surprise -18.00%, Miss. Q1 2026, reported Mar 25, 2026: actual 2.66B HKD, estimate 3.15B HKD, surprise -15.67%, Miss. Q2 2026, reported Apr 28, 2026: actual 2.33B HKD, estimate 2.32B HKD, surprise +0.74%, Beat. Q3 2026, reported Aug 20, 2026: actual 3.05B HKD, estimate 3.19B HKD, surprise -4.57%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 3.33B HKD, surprise —, Comparison unavailable.

6680.HK peers

ETFs holding 6680.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 6680.HK

research.disclaimer