JL Mag Rare-Earth Co., Ltd. (SHE: 300748)

JL Mag Rare-Earth Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	5,728	5,765	6,083	3,767	2,289	1,630
Other Revenue	923.25	923.25	1,082	313.31	128.68	66.72
Revenue	6,652	6,688	7,165	4,080	2,417	1,697
Revenue Growth (YoY)	-5.01%	-6.66%	75.61%	68.78%	42.46%	31.61%
Cost of Revenue	5,943	5,644	6,018	3,173	1,849	1,335
Gross Profit	708.77	1,044	1,147	907.09	568.56	361.41
Selling, General & Admin	226.14	189.72	182.69	169.54	111.87	79.47
Research & Development	327.21	353.6	337.34	160.14	103.14	64.31
Other Operating Expenses	91.03	28.29	24.59	14.6	9.12	5.9
Operating Expenses	649.85	569.36	554.58	341.63	230.28	157.63
Operating Income	58.92	474.32	592.91	565.46	338.29	203.78
Interest Expense	-35.07	-48.4	-66.59	-75.49	-72.35	-37.95
Interest & Investment Income	85.92	73.75	39.56	27.24	10.96	4.46
Currency Exchange Gain (Loss)	33.04	33.04	183.29	-16.45	-10.56	0.85
Other Non Operating Income (Expenses)	-31.61	0	-2.6	-3.08	-1.22	-3.69
EBT Excluding Unusual Items	111.2	532.71	746.56	497.68	265.11	167.45
Gain (Loss) on Sale of Investments	-1.43	6.83	-21.04	4.57	0.72	0.84
Gain (Loss) on Sale of Assets	-0.03	-0.15	0.74	-0.82	-0.37	0.12
Asset Writedown	-8.93	-1.93	-0.96	-0.54	-1	-
Other Unusual Items	199.42	79.5	41.39	11.43	14.23	10.3
Pretax Income	300.23	616.95	766.69	512.31	278.68	178.71
Income Tax Expense	29.77	50.08	62.11	58.49	34	22.12
Earnings From Continuing Operations	270.46	566.88	704.58	453.82	244.68	156.59
Minority Interest in Earnings	-4.15	-3.18	-1.9	-0.75	-0.2	0.29
Net Income	266.31	563.69	702.69	453.07	244.48	156.88
Net Income to Common	266.31	563.69	702.69	453.07	244.48	156.88
Net Income Growth	-47.80%	-19.78%	55.09%	85.32%	55.84%	6.58%
Shares Outstanding (Basic)	1,333	1,342	1,326	1,112	1,087	1,057
Shares Outstanding (Diluted)	1,333	1,342	1,351	1,119	1,087	1,057
Shares Change (YoY)	54.11%	-0.68%	20.77%	2.97%	2.79%	9.38%
EPS (Basic)	0.20	0.42	0.53	0.41	0.23	0.15
EPS (Diluted)	0.20	0.42	0.52	0.41	0.23	0.15
EPS Growth	-66.13%	-19.23%	27.98%	80.58%	51.62%	-2.56%
Free Cash Flow	-22.77	712.19	-272.35	-574.05	-27.97	-76.32
Free Cash Flow Per Share	-0.02	0.53	-0.20	-0.51	-0.03	-0.07
Dividend Per Share	0.340	0.260	0.163	0.156	0.078	0.043
Dividend Growth	109.23%	60.00%	3.97%	100.13%	81.63%	0%
Gross Margin	10.66%	15.61%	16.01%	22.23%	23.52%	21.30%
Operating Margin	0.89%	7.09%	8.27%	13.86%	13.99%	12.01%
Profit Margin	4.00%	8.43%	9.81%	11.10%	10.11%	9.25%
Free Cash Flow Margin	-0.34%	10.65%	-3.80%	-14.07%	-1.16%	-4.50%
EBITDA	234.58	613.99	684.6	630.99	386.07	244.47
EBITDA Margin	3.53%	9.18%	9.55%	15.47%	15.97%	14.41%
D&A For EBITDA	175.65	139.67	91.69	65.53	47.79	40.69
EBIT	58.92	474.32	592.91	565.46	338.29	203.78
EBIT Margin	0.89%	7.09%	8.27%	13.86%	13.99%	12.01%
Effective Tax Rate	9.91%	8.12%	8.10%	11.42%	12.20%	12.38%
Revenue as Reported	6,652	6,688	7,165	4,080	2,417	1,697
Advertising Expenses	-	2.18	8.5	5.06	1.39	3.51

Source: S&P Capital IQ. Standard template. Financial Sources.