JL MAG RARE-EARTH CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.85 CNY | +1.85% |
|
+1.85% | -26.56% |
| Apr. 26 | JL Mag Rare-Earth Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 01 | JL MAG Rare-Earth Posts Lower Profit, Revenue in 2023 | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 15,117 | 31,916 | 23,333 | 24,800 | 18,156 | - | - |
| Enterprise Value (EV) 1 | 15,117 | 32,427 | 21,386 | 21,866 | 15,765 | 15,985 | 15,932 |
| P/E ratio | 61.6 x | 69.1 x | 34.8 x | 48.1 x | 25.1 x | 19.3 x | 16.2 x |
| Yield | - | 0.56% | 0.89% | 1.29% | 1.72% | 2.03% | 2.42% |
| Capitalization / Revenue | 6.25 x | 7.82 x | 3.26 x | 3.71 x | 2.19 x | 2.08 x | 1.53 x |
| EV / Revenue | 6.25 x | 7.95 x | 2.98 x | 3.27 x | 1.9 x | 1.83 x | 1.35 x |
| EV / EBITDA | - | 50 x | 29.5 x | 28.7 x | 15 x | 11.7 x | 9.81 x |
| EV / FCF | - | -70.3 x | -78.8 x | 30.7 x | 12.9 x | 21.1 x | 10.3 x |
| FCF Yield | - | -1.42% | -1.27% | 3.26% | 7.73% | 4.75% | 9.68% |
| Price to Book | - | 10.6 x | 3.61 x | 3.87 x | 2.59 x | 2.32 x | 2.07 x |
| Nbr of stocks (in thousands) | 1,064,899 | 1,137,558 | 1,340,730 | 1,336,755 | 1,336,755 | - | - |
| Reference price 2 | 14.20 | 28.06 | 18.29 | 20.22 | 14.85 | 14.85 | 14.85 |
| Announcement Date | 3/18/21 | 3/30/22 | 3/30/23 | 3/14/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,419 | 4,080 | 7,165 | 6,688 | 7,525 | 8,731 | 11,831 |
| EBITDA 1 | - | 648.8 | 725.3 | 761.7 | 1,052 | 1,362 | 1,624 |
| EBIT 1 | - | 570.2 | 613 | 501.7 | 878.4 | 1,144 | 1,370 |
| Operating Margin | - | 13.97% | 8.55% | 7.5% | 11.67% | 13.1% | 11.58% |
| Earnings before Tax (EBT) 1 | - | 512.4 | 766.7 | 617 | 896.7 | 1,166 | 1,406 |
| Net income 1 | - | 453.2 | 702.7 | 563.7 | 793.3 | 1,032 | 1,229 |
| Net margin | - | 11.11% | 9.81% | 8.43% | 10.54% | 11.82% | 10.39% |
| EPS 2 | 0.2305 | 0.4062 | 0.5250 | 0.4200 | 0.5919 | 0.7675 | 0.9152 |
| Free Cash Flow 1 | - | -461.4 | -271.6 | 712.9 | 1,219 | 759 | 1,543 |
| FCF margin | - | -11.31% | -3.79% | 10.66% | 16.2% | 8.69% | 13.04% |
| FCF Conversion (EBITDA) | - | - | - | 93.59% | 115.83% | 55.71% | 95.04% |
| FCF Conversion (Net income) | - | - | - | 126.47% | 153.67% | 73.56% | 125.56% |
| Dividend per Share 2 | - | 0.1562 | 0.1625 | 0.2600 | 0.2555 | 0.3014 | 0.3596 |
| Announcement Date | 3/18/21 | 3/30/22 | 3/30/23 | 3/14/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,795 | 1,910 | 1,952 | 1,651 | 1,779 | 1,620 | 1,536 | 2,295 | 1,852 | 2,349 | 2,668 | 2,876 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 339.9 | 220.7 | 25.06 | 190.9 | 172 | 174.1 | 114.7 | 273.6 | 377.1 | 129.6 | 291.7 | 342 |
| Operating Margin | 18.94% | 11.55% | 1.28% | 11.57% | 9.67% | 10.75% | 7.46% | 11.92% | 20.36% | 5.52% | 10.94% | 11.89% |
| Earnings before Tax (EBT) 1 | - | - | - | - | 171.6 | 173.7 | 114.7 | 271.7 | 375.3 | 127.8 | 290.6 | 340.8 |
| Net income 1 | - | - | - | - | 154.4 | 161.7 | 101.7 | 255.4 | 352.8 | 120.1 | 273.1 | 320.4 |
| Net margin | - | - | - | - | 8.68% | 9.98% | 6.62% | 11.13% | 19.05% | 5.11% | 10.24% | 11.14% |
| EPS 2 | 0.2125 | 0.1666 | 0.006250 | 0.1312 | 0.1900 | 0.1204 | 0.0800 | 0.1900 | 0.2623 | 0.0893 | 0.2031 | 0.2382 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | 0.2110 | - | - |
| Announcement Date | 8/24/22 | 10/25/22 | 3/30/23 | 4/26/23 | 8/24/23 | 10/25/23 | 4/26/24 | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 512 | - | - | - | - | - |
| Net Cash position 1 | - | - | 1,947 | 2,933 | 2,391 | 2,171 | 2,224 |
| Leverage (Debt/EBITDA) | - | 0.7889 x | - | - | - | - | - |
| Free Cash Flow 1 | - | -461 | -272 | 713 | 1,219 | 759 | 1,543 |
| ROE (net income / shareholders' equity) | - | 23.1% | 14.4% | 8.17% | 10.2% | 12.2% | 13.3% |
| ROA (Net income/ Total Assets) | - | 9.47% | 8.14% | 4.89% | 4.7% | 6.05% | 6.45% |
| Assets 1 | - | 4,786 | 8,636 | 11,523 | 16,878 | 17,055 | 19,052 |
| Book Value Per Share 2 | - | 2.650 | 5.060 | 5.220 | 5.720 | 6.400 | 7.190 |
| Cash Flow per Share 2 | - | 0.0900 | 0.2300 | 1.130 | -0.0400 | 0.6200 | 0.6100 |
| Capex 1 | - | 563 | 582 | 803 | 803 | 721 | 704 |
| Capex / Sales | - | 13.8% | 8.12% | 12% | 10.68% | 8.25% | 5.95% |
| Announcement Date | 3/18/21 | 3/30/22 | 3/30/23 | 3/14/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
14.85
CNY
Average target price
18.65
CNY
Spread / Average Target
+25.62%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -26.56% | 2.51B | |
| +5.14% | 103B | |
| -5.63% | 63.04B | |
| +39.52% | 39.06B | |
| +12.91% | 37.58B | |
| +7.41% | 33.26B | |
| +6.85% | 19.22B | |
| +12.86% | 16.83B | |
| +7.73% | 15.03B | |
| +16.93% | 14.96B |
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- Financials JL Mag Rare-Earth Co., Ltd.
