Jl Mag Rare-Earth Co Ltd Class A (300748) - Total Assets
Based on the latest financial reports, Jl Mag Rare-Earth Co Ltd Class A (300748) holds total assets worth CN¥15.96 Billion CNY (≈ $2.34 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Jl Mag Rare-Earth Co Ltd Class A (300748) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Jl Mag Rare-Earth Co Ltd Class A - Total Assets Trend (2013–2025)
This chart illustrates how Jl Mag Rare-Earth Co Ltd Class A's total assets have evolved over time, based on quarterly financial data. Check 300748 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Jl Mag Rare-Earth Co Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2025)
Jl Mag Rare-Earth Co Ltd Class A's total assets of CN¥15.96 Billion consist of 70.4% current assets and 29.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 21.9% |
| Accounts Receivable | CN¥3.52 Billion | 23.0% |
| Inventory | CN¥2.78 Billion | 18.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥286.09 Million | 1.9% |
| Goodwill | CN¥64.43 Million | 0.4% |
Asset Composition Trend (2013–2025)
This chart illustrates how Jl Mag Rare-Earth Co Ltd Class A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Jl Mag Rare-Earth Co Ltd Class A market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jl Mag Rare-Earth Co Ltd Class A's current assets represent 70.4% of total assets in 2025, an increase from 67.2% in 2013.
- Cash Position: Cash and equivalents constituted 21.9% of total assets in 2025, up from 12.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 23.0% of total assets.
Jl Mag Rare-Earth Co Ltd Class A Competitors by Total Assets
Key competitors of Jl Mag Rare-Earth Co Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ESAB Corp
NYSE:ESAB
|
USA | $5.62 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Changchun Zhiyuan New Energy Equipment Co. Ltd
SHE:300985
|
China | CN¥2.60 Billion |
|
Dalian Demaishi Precision Technology Co.Ltd
SHE:301007
|
China | CN¥1.08 Billion |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
China | CN¥1.20 Billion |
|
Suzhou Mingzhi Technology Co. Ltd. A
SHG:688355
|
China | CN¥1.39 Billion |
Jl Mag Rare-Earth Co Ltd Class A - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.79 | 1.71 | 1.88 |
| Quick Ratio | 1.31 | 1.17 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥5.06 Billion | CN¥3.76 Billion | CN¥1.72 Billion |
Jl Mag Rare-Earth Co Ltd Class A - Advanced Valuation Insights
This section examines the relationship between Jl Mag Rare-Earth Co Ltd Class A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.12 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 24.6% |
| Total Assets | CN¥15.33 Billion |
| Market Capitalization | $5.58 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jl Mag Rare-Earth Co Ltd Class A's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jl Mag Rare-Earth Co Ltd Class A's assets grew by 24.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jl Mag Rare-Earth Co Ltd Class A (2013–2025)
The table below shows the annual total assets of Jl Mag Rare-Earth Co Ltd Class A from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥15.33 Billion ≈ $2.24 Billion |
+24.64% |
| 2024-12-31 | CN¥12.30 Billion ≈ $1.80 Billion |
+3.99% |
| 2023-12-31 | CN¥11.83 Billion ≈ $1.73 Billion |
+5.40% |
| 2022-12-31 | CN¥11.22 Billion ≈ $1.64 Billion |
+85.44% |
| 2021-12-31 | CN¥6.05 Billion ≈ $885.42 Million |
+71.79% |
| 2020-12-31 | CN¥3.52 Billion ≈ $515.40 Million |
+24.62% |
| 2019-12-31 | CN¥2.83 Billion ≈ $413.57 Million |
+36.51% |
| 2018-12-31 | CN¥2.07 Billion ≈ $302.95 Million |
+43.68% |
| 2017-12-31 | CN¥1.44 Billion ≈ $210.85 Million |
+18.85% |
| 2016-12-31 | CN¥1.21 Billion ≈ $177.41 Million |
+23.21% |
| 2015-12-31 | CN¥984.01 Million ≈ $143.99 Million |
+15.78% |
| 2014-12-31 | CN¥849.90 Million ≈ $124.37 Million |
+14.92% |
| 2013-12-31 | CN¥739.54 Million ≈ $108.22 Million |
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About Jl Mag Rare-Earth Co Ltd Class A
JL Mag Rare-Earth Co., Ltd. engages in the research and development, production, and sale of rare earth permanent magnetic materials in Mainland China and internationally. The company offers NdFeB PMs for use in new energy vehicles and auto parts, energy-saving variable-frequency air-conditioners, wind power generation, 3C, robotics and industrial servo motors, energy-saving elevators, rail trans… Read more