JLMAG(SZ:300748) 2 1 Shi Ji Jing Ji Bao Dao·2025-10-21 14:57Core Viewpoint - The company Jinli Permanent Magnet has seen an increase in exports to the United States, with a significant growth in revenue and profitability, indicating strong market demand and operational efficiency [1][8][10]. Group 1: Financial Performance - In the first three quarters, the company achieved a revenue of 5.373 billion yuan, with export sales to the U.S. reaching 354 million yuan, a year-on-year increase of 43.92% [1]. - The net profit attributable to the parent company in Q3 reached 211 million yuan, a year-on-year increase of 172.7% [1]. - The company's gross profit margin improved to 19.49%, an increase of 9.46 percentage points compared to the same period last year [21]. Group 2: Market Position and Client Base - Jinli Permanent Magnet has become the leading company in the rare earth permanent magnet materials industry in terms of production and sales volume, both nationally and globally [11][13]. - The company's products are utilized by the top ten global manufacturers in the electric vehicle sector and five of the top ten wind turbine manufacturers [13]. Group 3: Export Dynamics - The company's overseas revenue has been increasing annually, with expectations for foreign market revenue to exceed 1.2 billion yuan in 2024, accounting for approximately 18% of total revenue [6]. - Following the implementation of export controls on certain rare earth materials, the company has successfully obtained export licenses from relevant authorities [9]. Group 4: Future Outlook - Analysts predict that the company's net profit for 2025 will exceed 700 million yuan, with some estimates reaching around 800 million yuan [24]. - The company is in an expansion phase, with plans to increase its production capacity to 60,000 tons by 2027, indicating a strong potential for future revenue growth [26].