The recent performance of rare earth permanent magnet sectors can be said to be remarkable. Not only are small stocks active, but heavy stocks are also starting again. This state is close to when the innovative drug was started.
The company reviewed today is the only company in the rare earth permanent magnet sector that includes Morgan, UBS and Abu Dhabi, a tycoon in the Middle East.
And from the monthly line, it has been sideways for 7 years.
In the first quarter of this year, UBS invested 2.6 million shares; Abu Dhabi Investment Bureau invested 2.1 million shares; Morgan Stanley, or Morgan Stanley, invested 1.63 million shares.
According to the average price in the first quarter, the current price is still around the average cost of the three institutions.
So, why did the three top international institutions join this company that has been trading sideways for 7 years in the first quarter of this year?
First of all, the company is mainly engaged in the research, development, production and sales of zirconium series products.
Its main business is inorganic non-metallic zirconium products, with revenue accounting for 73.89%, gross profit margin of 16.67%, and profit accounting for 118% of the company. In other words, its profit also makes up for the losses of other businesses and is the company's flagship product.
In terms of rare earth permanent magnets, the company holds 20% of the equity of the Australian WIM150 project and holds 4.89% of the equity of IMA. Among the proven resources, Dujushi contains a large number of rare earth resources, of which the Wim150 project has 1.65 billion tons of heavy mineral resources.
In terms of solid-state batteries, the company has established a special technical research and development team to increase technical research and development and investment in zirconia products used in solid-state battery electrolytes. The samples provided by the company have been initially recognized for the research and development and trial of some solid-state battery material manufacturers.
It can be seen that the company has relatively scarce upstream resources in rare earth permanent magnets; and its main business in zirconium products is also one of the important raw materials for solid-state battery oxide electrolytes.
These two tracks are both popular tracks with good prospects.
So, what is the current actual operating status of the company?
From the company's revenue, it has been in a small upward trend in the past five years. In five years, it increased from 472 million to 1.543 billion, with a five-year increase of more than 300%, with an average annual growth rate of around 65%. Especially, the growth is rapid in 20 and 21 years.
But from the perspective of the company's net profit, the fluctuations are relatively large, which means that the company's growth is not as good as its revenue growth shows, and its operating performance is not very stable.
But the good thing is that the company's debt ratio has dropped sharply to below 40% in 24 years. Liquidity has improved significantly. This is mainly because the company transfers the equity of its subsidiary and the debts are also reduced accordingly.
Overall, the company's operating performance is not very stable, but its financial situation has improved significantly. Therefore, the reason why Morgan, UBS, and Abu Dhabi in the United States are collectively new is that on the one hand, the company is optimistic about its future prospects across the two popular tracks of rare earth permanent magnets and solid-state batteries. Secondly, after the company transferred its subsidiary in 24 years and unloaded its burden, its financial situation improved, which is conducive to lightweight operations.
