Ge Long Hui A P P·2025-08-21 08:11Core Viewpoint - Ping An Securities report indicates that Jinli Permanent Magnet's net profit attributable to shareholders for the first half of 2025 reached 305 million yuan, representing a year-on-year increase of 154.81% [1] Financial Performance - In Q2 2025, the company achieved a net profit attributable to shareholders of 144 million yuan, showing a year-on-year increase of 703.06% but a quarter-on-quarter decrease of 10.03% [1] - The recovery in raw material prices has driven a marginal increase in gross profit margin [1] Market Trends - Rare earth prices have shown a steady increase, with the average price of praseodymium-neodymium metal reaching 580,000 yuan per ton in July 2025, up approximately 16% from the average price of 500,000 yuan per ton in January 2025 [1] Business Development - The company plans to build an advanced production line for robotic motor rotors, which has begun to achieve a certain scale of mass production [1] - Small batch product deliveries have already commenced in the first half of 2025, indicating that the robotics sector is expected to become a significant growth area for the company [1] Future Outlook - Driven by the demand in the new energy and robotics sectors, the demand for rare earth permanent magnets is expected to continue growing [1] - The company's accelerated layout in related fields is anticipated to enhance the release of quality production capacity, thereby increasing performance growth elasticity in the future [1] - The report maintains a "recommended" rating for the company [1]