JL Mag Rare-Earth Co., Ltd.

JL Mag Rare-Earth Co., Ltd.verified

6680.HK

Price:

$17.86

Market Cap:

$29.89B

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 automotive parts, energy-saving variable-frequency air-conditioners, wind power generation, 3C, robotics and industrial servo motors, energy-saving elevators, rail transit, and other fields. JL Mag Rare-Earth Co., Ltd. was incorporated in 2008 and is headquartered in Ganzhou, China. JL Mag Rare-Earth Co., Ltd. operates as a subsidiary of Jiangxi Ruide Venture Capital Co. Ltd.

Industry

Manufacturing - Metal Fabrication

IPO Date

2022-01-14

Stock Exchange

HKSE

Ticker

6680.HK

The Current Ratio as of June 2025 (TTM) for JL Mag Rare-Earth Co., Ltd. (6680.HK) is 1.71

According to JL Mag Rare-Earth Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -15.03% compared to the average of 2.01 of the last 4 quarters.

JL Mag Rare-Earth Co., Ltd. (6680.HK) Historical Current Ratio (quarterly & annually)

How has 6680.HK Current Ratio performed in the past?

The mean historical Current Ratio of JL Mag Rare-Earth Co., Ltd. over the last ten years is 2.10. The current 1.71 Current Ratio has changed 8.04% with respect to the historical average. Over the past ten years (40 quarters), 6680.HK's Current Ratio was at its highest in in the March 2022 quarter at 3.33. The Current Ratio was at its lowest in in the September 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

2.10

Median

2.19

Minimum

1.54

Maximum

2.61

JL Mag Rare-Earth Co., Ltd. (6680.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of JL Mag Rare-Earth Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 46.86%

Maximum Annual Current Ratio = 2.61

Minimum Annual Increase = -19.97%

Minimum Annual Current Ratio = 1.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.88-15.14%
20232.22-0.08%
20222.2224.88%
20211.78-18.14%
20202.17-16.78%
20192.6137.06%
20181.90-19.97%
20172.385.38%
20162.2646.86%
20151.549.81%

JL Mag Rare-Earth Co., Ltd. (6680.HK) Average Current Ratio

How has 6680.HK Current Ratio performed in the past?

The current Current Ratio of JL Mag Rare-Earth Co., Ltd. (6680.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.11

5-year avg

2.05

10-year avg

2.10

JL Mag Rare-Earth Co., Ltd. (6680.HK) Current Ratio vs. Peers

How is 6680.HK’s Current Ratio compared to its peers?

JL Mag Rare-Earth Co., Ltd.’s Current Ratio is

CompanyCurrent RatioMarket cap

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