JL Mag Rare-Earth Co (SZSE:300748) Other Income (Minority Interest) : ¥-3 Mil (TTM As of Mar. 2024)

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What is JL Mag Rare-Earth Co Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. JL Mag Rare-Earth Co's Other Income (Minority Interest) for the three months ended in Mar. 2024 was ¥-1 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3 Mil.

JL Mag Rare-Earth Co Other Income (Minority Interest) Historical Data

The historical data trend for JL Mag Rare-Earth Co's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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JL Mag Rare-Earth Co Other Income (Minority Interest) Chart

JL Mag Rare-Earth Co Annual Data

Trend

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Dec23

Other Income (Minority Interest)

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0.29

-0.20

-0.75

-1.90

-3.19

JL Mag Rare-Earth Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-0.63	-0.76	-1.33	-0.46	-0.50

JL Mag Rare-Earth Co Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-3 Mil.

JL Mag Rare-Earth Co (SZSE:300748) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

JL Mag Rare-Earth Co (SZSE:300748) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JL Mag Rare-Earth Co Ltd (SZSE:300748) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

06680:Hong Kong 3KLA:Germany

Address

81 West Jinling Road, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000

Website

https://www.jlmag.com.cn

JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.

Executives

Xie Hui	Executives
Lv Feng	Directors, executives
Yi Peng Peng	Executives
Mao Hua Yun	Executives
Lu Ming	Directors, executives
Huang Zhang Yuan	Executives
Yu Han	Executives
Lai Xun Long	Securities Affairs Representative

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