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Revenue Miss: JL Mag Rare-Earth Co., Ltd. Fell 34% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Chinese humanoid robots are seizing a global $5 trillion "big track"!
Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.
JL Mag Rare-Earth's Q1 Profit Balloons 58%
Jl Mag Rare-Earth released its performance report for the first quarter of 2025, with a net income of 0.161 billion yuan, an increase of 57.85% year-on-year.
Jl Mag Rare-Earth (06680) announced its Q1 2025 performance, achieving revenue of 1.754 billion yuan during the period, an increase of 14.19% year-on-year; net income attributable to shareholders of the listed company was 0.161 billion yuan, an increase of 57.85% year-on-year; basic EPS was 0.12 yuan.
JL Mag Rare-Earth: Higher Contributions From Automotive Parts Sector Among Factors Supporting Results >300748.SZ
JL Mag Rare-Earth 1Q Net CNY160.53M Vs. Net CNY101.69M >300748.SZ