Jintian Co. Reports 33.74% Revenue Growth, Rare Earth Magnetic Materials Segment Shines

Published: Aug 26, 2026 11:47
[SMM Rare Earth Express] Jintian Co., Ltd. (601609) disclosed its 2026 semiannual report on the evening of August 18. In H1, it achieved operating revenue of 79.3 billion yuan, up 33.74% YoY; net profit attributable to the parent was 442 million yuan, up 18.44% YoY. Among them, the rare earth magnetic material segment delivered a standout performance: during the reporting period, it achieved main business revenue of 1.1 billion yuan, up 49.93% YoY; rare earth magnetic material production reached 3,925 mt, up 12% YoY, and the capacity utilization rate remained at a relatively high level; gross margin for rare earth magnetic material was 14.80%, up 1.8 percentage points YoY. The company’s high-coercivity, high-resistivity NdFeB products have been introduced into the supply chain of a top-tier humanoid robot player and have achieved mass supply. On the same day, the company announced that it is expected to plan the spin-off of its controlled subsidiary Ketian Magnetics for listing on a domestic securities exchange.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Rare Earth Morning Meeting Summary] Dysprosium oxide continues to strengthen, Pr-Nd is stagnant and in the doldrums, and metal enterprises have suspended quotations and are waiting and watching due to fluctuations in oxides.
3 hours ago
[SMM Rare Earth Morning Meeting Summary] Dysprosium oxide continues to strengthen, Pr-Nd is stagnant and in the doldrums, and metal enterprises have suspended quotations and are waiting and watching due to fluctuations in oxides.
Read More
[SMM Rare Earth Morning Meeting Summary] Dysprosium oxide continues to strengthen, Pr-Nd is stagnant and in the doldrums, and metal enterprises have suspended quotations and are waiting and watching due to fluctuations in oxides.
[SMM Rare Earth Morning Meeting Summary] Dysprosium oxide continues to strengthen, Pr-Nd is stagnant and in the doldrums, and metal enterprises have suspended quotations and are waiting and watching due to fluctuations in oxides.
[Dysprosium Oxide Continues to Strengthen, Pr-Nd Stagnant and in the Doldrums, Metal Enterprises Suspend Quotations and Wait Due to Oxide Fluctuations] Currently, the overall circulation frequency of rare earth ore remains poor, the market trading situation is stagnant, and the weak oxide prices cause the actual transaction price of rare earth ore to also see a downward shift in its center.
3 hours ago
Core downstream off-season resonance, NdFeB demand contracted in July, traditional "September-October peak season" may be postponed [SMM analysis]
18 hours ago
Core downstream off-season resonance, NdFeB demand contracted in July, traditional "September-October peak season" may be postponed [SMM analysis]
Read More
Core downstream off-season resonance, NdFeB demand contracted in July, traditional "September-October peak season" may be postponed [SMM analysis]
Core downstream off-season resonance, NdFeB demand contracted in July, traditional "September-October peak season" may be postponed [SMM analysis]
NEVs, home appliances, and exports account for nearly 60% of the NdFeB consumer market. In the previous article, we analyzed the export market. In this article, we will take a look at the NEV and home appliance markets.
18 hours ago
Australian Government Tightens Scrutiny on Chinese Investors in Rare Earth Project Amid Security Concerns
19 hours ago
Australian Government Tightens Scrutiny on Chinese Investors in Rare Earth Project Amid Security Concerns
Read More
Australian Government Tightens Scrutiny on Chinese Investors in Rare Earth Project Amid Security Concerns
Australian Government Tightens Scrutiny on Chinese Investors in Rare Earth Project Amid Security Concerns
[SMM Rare Earth Flash] The Australian government recently escalated its scrutiny of investors linked to China in rare earth developer Northern Minerals. This May, Australian Treasurer Jim Chalmers ordered six China-linked shareholders to sell their combined holdings by July 2, citing national security concerns. After the shareholders failed to comply, the government froze part of the shares in July and imposed new conditions on Qogir and Real International Resources in August, requiring government review of any share sales. Northern Minerals is developing the Brown Ranges heavy rare earth project in Western Australia, which it says could become an "important cornerstone" of dysprosium and terbium supply outside China. The project has previously received up to $250 million in debt financing from Australia's export finance agency and the US Export-Import Bank, but shareholder disputes have hindered negotiations with US government financing agencies.
19 hours ago
[SMM Rare Earth Express] Jintian Co., Ltd. (601609) disclosed its 2026 - Shanghai Metals Market (SMM)