On July 3, JL MAG rose 5.05% in regular trading, trading at HK$19.65/share, with turnover of HK$58.83 million. The rally was driven by Citibank reiterating its Buy rating with a target price of HK$38.2, coupled with a positive H1 earnings pre-announcement.
Citibank's research note highlighted JL MAG's H1 net profit forecast of RMB 400-460 million, representing YoY growth of 31%-51%. The bank expects order volume to recover in H2 with seasonal demand, while Tesla's Optimus V3 launch may boost market attention on the company's robotics business.
Operationally, the company's revenue in the robot and industrial servo motor segment grew approximately 90% YoY, with small-batch deliveries of embodied robot motor rotors already underway. Q1 comprehensive gross margin improved by 6.13 percentage points YoY, signaling significant improvement in operational quality.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments