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JL MAG Rare-Earth Co., Ltd. Class H
(6680)
JL MAG Rare-Earth Co., Ltd. Class H (6680) vs. iShares MSCI Hong Kong ETF (EWH)
JL MAG Rare-Earth Co., Ltd. Class H Business Overview & Revenue Model
JL MAG Rare-Earth Co., Ltd. Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.91B | 6.76B | 6.69B | 8.30B | 4.90B | 2.71B |
| Gross Profit | 1.04B | 752.61M | 1.07B | 1.31B | 1.07B | 628.68M |
| EBITDA | 579.70M | 525.15M | 809.34M | 817.64M | 654.94M | 385.10M |
| Net Income | 476.32M | 291.04M | 563.69M | 702.69M | 453.07M | 244.48M |
Balance Sheet | ||||||
| Total Assets | 13.38B | 12.30B | 11.83B | 12.60B | 7.40B | 4.18B |
| Cash, Cash Equivalents and Short-Term Investments | 1.90B | 2.90B | 4.10B | 4.80B | 1.84B | 900.38M |
| Total Debt | 1.61B | 1.04B | 954.15M | 4.09B | 2.68B | 1.65B |
| Total Liabilities | 6.09B | 5.18B | 4.79B | 4.88B | 3.66B | 2.25B |
| Stockholders Equity | 7.19B | 7.02B | 7.02B | 7.62B | 3.63B | 1.86B |
Cash Flow | ||||||
| Free Cash Flow | -751.96M | -167.16M | 712.19M | -316.13M | -670.49M | -25.01M |
| Operating Cash Flow | -549.06M | 507.95M | 1.52B | 361.21M | 144.04M | 181.56M |
| Investing Cash Flow | -645.66M | -1.69B | -942.05M | -877.77M | -807.81M | -240.30M |
| Financing Cash Flow | 641.09M | 91.57M | -815.63M | 2.83B | 1.47B | 2.21M |
JL MAG Rare-Earth Co., Ltd. Class H Technical Analysis
JL MAG Rare-Earth Co., Ltd. Class H Peers Comparison
JL MAG Rare-Earth Co., Ltd. Class H Corporate Events
JL MAG Rare-Earth Co., Ltd. announced the results of its second extraordinary general meeting of 2025, held on October 27, where resolutions were voted on by poll. The meeting, attended by key directors and shareholders, was conducted in compliance with relevant laws and regulations, ensuring the validity of the poll results. The company also outlined its plan for 2025 interim profit distribution, reflecting its ongoing commitment to shareholder value.
The most recent analyst rating on (HK:6680) stock is a Hold with a HK$23.50 price target. To see the full list of analyst forecasts on JL MAG Rare-Earth Co., Ltd. Class H stock, see the HK:6680 Stock Forecast page.
JL MAG Rare-Earth Co., Ltd. has announced an adjustment to the conversion price of its U.S.$117,500,000 1.75% guaranteed convertible bonds due 2030. The conversion price will be adjusted from HK$21.38 to HK$21.15 per H Share following the approval of the 2025 interim profit distribution. This adjustment, effective from November 7, 2025, increases the maximum number of H Shares issuable upon full conversion of the bonds, reflecting the company’s strategic financial maneuvers to enhance shareholder value and market positioning.
The most recent analyst rating on (HK:6680) stock is a Hold with a HK$23.50 price target. To see the full list of analyst forecasts on JL MAG Rare-Earth Co., Ltd. Class H stock, see the HK:6680 Stock Forecast page.
JL MAG Rare-Earth Co., Ltd. has announced an interim cash dividend of RMB 1.8 per 10 shares for the six months ending June 30, 2025. The dividend will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.095343, with a payment date set for December 23, 2025. The announcement includes details on withholding tax rates applicable to non-resident shareholders, emphasizing the company’s compliance with international tax treaties. This move reflects the company’s ongoing commitment to providing value to its shareholders and may enhance its attractiveness to international investors.
The most recent analyst rating on (HK:6680) stock is a Hold with a HK$23.50 price target. To see the full list of analyst forecasts on JL MAG Rare-Earth Co., Ltd. Class H stock, see the HK:6680 Stock Forecast page.
JL MAG Rare-Earth Co., Ltd. announced the resignation of Mr. Li Xiaoguang from his position as a non-executive director and member of the strategy committee, effective immediately. His resignation, due to work adjustment, is not expected to impact the company’s operations or its stakeholders, as confirmed by both Mr. Li and the board. The company expressed gratitude for Mr. Li’s contributions during his tenure.
JL MAG Rare-Earth Co., Ltd. has announced the composition of its board of directors and their respective roles within the company. The board consists of executive, non-executive, and independent non-executive directors, with Mr. Cai Baogui serving as the chairman. The board oversees five committees, including the Audit, Remuneration and Appraisal, Nomination, Strategy, and Environmental, Social, and Governance Committees. This announcement highlights the company’s structured governance approach, which is crucial for maintaining transparency and strategic oversight, potentially impacting stakeholder confidence positively.
JL MAG Rare-Earth Co., Ltd. has released its unaudited third quarterly report for 2025, prepared in accordance with the China Accounting Standards for Business Enterprises. The report emphasizes the accuracy and completeness of the financial data, with the board and senior management assuming responsibility for its truthfulness. This announcement highlights the company’s commitment to transparency and accountability in its financial reporting, which is crucial for maintaining trust with stakeholders and positioning itself competitively in the rare-earth market.
JL MAG Rare-Earth Co., Ltd. has announced a significant estimated increase in net profit for the first three quarters of 2025, with profits expected to rise by 157% to 179% compared to the same period last year. This growth indicates a strong performance and potentially enhanced market positioning, reflecting positively on the company’s operations and offering promising implications for stakeholders.
JL MAG Rare-Earth Co., Ltd. has announced a board meeting scheduled for October 20, 2025, to review and approve the unaudited third-quarter results for the nine months ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and the company’s position in the rare-earth market.
JL MAG Rare-Earth Co., Ltd. has announced the convening of its second extraordinary general meeting (EGM) for 2025, scheduled for October 27th in Jiangxi Province, China. The meeting will address key resolutions, including the approval of the 2025 interim profit distribution plan and the refreshment of the general mandate to issue additional A or H shares. These resolutions, if approved, could impact the company’s financial strategy and shareholder value, indicating a proactive approach in managing its capital structure and rewarding its investors.
JL MAG Rare-Earth Co., Ltd. has announced an interim cash dividend of RMB 1.8 per 10 shares for the six months ending June 30, 2025. The dividend, subject to shareholder approval on October 27, 2025, will be paid on December 23, 2025. The announcement includes details on book closure, currency, and withholding tax, impacting both enterprise and individual non-resident shareholders. This move reflects the company’s ongoing commitment to returning value to its shareholders and may influence its market positioning by highlighting its financial health and shareholder-friendly policies.
JL MAG Rare-Earth Co., Ltd. has announced a proposal to refresh its existing general mandate to issue additional A and H shares. This move is aimed at granting the board the authority to allot, issue, and deal with these shares or related securities, not exceeding 5% of the company’s total shares. The proposal requires approval from independent shareholders at an extraordinary general meeting (EGM). The initiative is part of the company’s strategic efforts to enhance its financial flexibility and strengthen its market position.
JL MAG Rare-Earth Co., Ltd. announced its unaudited interim results for the first half of 2025, showcasing compliance with the Hong Kong Stock Exchange’s listing requirements. The results, available in both Chinese and English, will be accessible online and in print by the end of August 2025, reflecting the company’s commitment to transparency and stakeholder engagement.
JL MAG Rare-Earth Co., Ltd. has announced an interim cash dividend of RMB 1.8 per 10 shares for the six months ending June 30, 2025. This announcement reflects the company’s financial performance and commitment to returning value to shareholders, although specific details regarding the payment date and withholding tax are yet to be disclosed.
JL MAG Rare-Earth Co., Ltd. has established an Audit Committee to enhance its corporate governance structure and ensure effective oversight of its management. The committee, composed of non-executive directors, will coordinate and inspect internal and external auditing processes, thereby strengthening the company’s decision-making capabilities and compliance with relevant regulations.
JL MAG Rare-Earth Co., Ltd. has established a Nomination Committee to enhance its corporate governance by standardizing the selection and appointment procedures for directors and senior management. This move aims to optimize the Board’s composition and improve the company’s governance structure, potentially strengthening its market position and operational effectiveness.
JL MAG Rare-Earth Co., Ltd. has established a Remuneration and Appraisal Committee under its Board of Directors to enhance its corporate governance structure. This committee is responsible for formulating and reviewing remuneration packages for directors and senior management, ensuring a transparent and effective performance appraisal system. The establishment of this committee is expected to optimize the company’s management structure and align its operational goals with industry standards.
JL MAG Rare-Earth Co., Ltd. has established a Strategy Committee of the Board of Directors to enhance its strategic planning and decision-making processes. This committee will focus on long-term development strategies, major investment decisions, and other significant matters affecting the company’s growth, thereby strengthening its governance structure and aligning with relevant regulations.
JL MAG Rare-Earth Co., Ltd. has announced the election of Mr. Lyu Feng as an employee director for the fourth session of its board, following recent amendments to its articles of association aimed at optimizing its governance structure. Mr. Lyu, who has been with the company in various capacities since 2008, will continue to serve as vice chairman and executive director, ensuring compliance with relevant laws and maintaining the board’s composition. This move is part of the company’s broader efforts to align with the new Company Law and enhance its operational governance, potentially impacting its strategic decision-making and stakeholder engagement.
JL MAG Rare-Earth Co., Ltd. held its first extraordinary general meeting of 2025, where key resolutions regarding amendments to the company’s rules on related-party transactions, external guarantees, and external investments were approved. The meeting, attended by a significant portion of shareholders, resulted in the approval of these resolutions, which are expected to impact the company’s governance and operational strategies positively.
JL MAG Rare-Earth Co., Ltd. has announced a board meeting scheduled for August 19, 2025, to review and approve the interim results for the first half of the year ending June 30, 2025. The meeting will also consider the recommendation for an interim dividend, which could impact the company’s financial strategy and shareholder returns.
JL MAG Rare-Earth Co., Ltd. has successfully completed the issuance of U.S.$117.5 million in guaranteed convertible bonds due in 2030, with a conversion price of HK$21.38 per H Share. The bonds are now listed on the Hong Kong Stock Exchange, and the company will comply with CSRC filing requirements, potentially impacting its market positioning and providing new investment opportunities.