View Future GrowthMagontec 과거 순이익 실적과거 기준 점검 0/6Magontec 의 수입은 연평균 -48.1%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 15.9%의 비율로 감소해 왔습니다.핵심 정보-48.05%순이익 성장률-48.64%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률-15.87%자기자본이익률-11.26%순이익률-8.21%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Feb 26Full year 2025 earnings released: AU$0.089 loss per share (vs AU$0.065 loss in FY 2024)Full year 2025 results: AU$0.089 loss per share (further deteriorated from AU$0.065 loss in FY 2024). Revenue: AU$64.1m (up 12% from FY 2024). Net loss: AU$5.26m (loss widened 1.4% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 31First half 2025 earnings released: AU$0.065 loss per share (vs AU$0.066 loss in 1H 2024)First half 2025 results: AU$0.065 loss per share (improved from AU$0.066 loss in 1H 2024). Revenue: AU$29.1m (down 30% from 1H 2024). Net loss: AU$4.03m (loss narrowed 23% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 02Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: AU$57.1m (down 44% from FY 2023). Net loss: AU$5.19m (down AU$5.65m from profit in FY 2023). Revenue missed analyst estimates by 9.1%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 02Third quarter 2024 earnings released: AU$0.028 loss per share (vs AU$0.012 loss in 3Q 2023)Third quarter 2024 results: AU$0.028 loss per share (further deteriorated from AU$0.012 loss in 3Q 2023). Revenue: AU$16.7m (down 20% from 3Q 2023). Net loss: AU$2.22m (loss widened 130% from 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 03First half 2024 earnings released: AU$0.066 loss per share (vs AU$0.031 profit in 1H 2023)First half 2024 results: AU$0.066 loss per share (down from AU$0.031 profit in 1H 2023). Revenue: AU$41.4m (down 32% from 1H 2023). Net loss: AU$5.25m (down 319% from profit in 1H 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.006 (vs AU$0.21 in FY 2022)Full year 2023 results: EPS: AU$0.006 (down from AU$0.21 in FY 2022). Revenue: AU$102.4m (down 36% from FY 2022). Net income: AU$466.0k (down 97% from FY 2022). Profit margin: 0.5% (down from 10% in FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates공시 • Apr 03Magontec Limited, Annual General Meeting, May 12, 2026Magontec Limited, Annual General Meeting, May 12, 2026. Location: at cliftons events solutions, at level 13, 60 margaret street, sydney, nsw 2000 AustraliaReported Earnings • Feb 26Full year 2025 earnings released: AU$0.089 loss per share (vs AU$0.065 loss in FY 2024)Full year 2025 results: AU$0.089 loss per share (further deteriorated from AU$0.065 loss in FY 2024). Revenue: AU$64.1m (up 12% from FY 2024). Net loss: AU$5.26m (loss widened 1.4% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.분석 기사 • Jan 22Is Magontec (ASX:MGL) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Board Change • Jan 07Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive director Atul Malhotra was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Dec 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive director Atul Malhotra was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Sep 01There's No Escaping Magontec Limited's (ASX:MGL) Muted Revenues Despite A 29% Share Price RiseDespite an already strong run, Magontec Limited ( ASX:MGL ) shares have been powering on, with a gain of 29% in the...Reported Earnings • Aug 31First half 2025 earnings released: AU$0.065 loss per share (vs AU$0.066 loss in 1H 2024)First half 2025 results: AU$0.065 loss per share (improved from AU$0.066 loss in 1H 2024). Revenue: AU$29.1m (down 30% from 1H 2024). Net loss: AU$4.03m (loss narrowed 23% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.New Risk • Aug 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.2% per year over the past 5 years. Market cap is less than US$10m (AU$14.0m market cap, or US$9.02m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).분석 기사 • May 22Magontec Limited's (ASX:MGL) Low P/S No Reason For ExcitementMagontec Limited's ( ASX:MGL ) price-to-sales (or "P/S") ratio of 0.2x might make it look like a strong buy right now...공시 • Apr 01Magontec Limited, Annual General Meeting, May 07, 2025Magontec Limited, Annual General Meeting, May 07, 2025. Location: at cliftons event solutions, at level 13, 60 margaret street, sydney nsw 2000, AustraliaReported Earnings • Mar 02Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: AU$57.1m (down 44% from FY 2023). Net loss: AU$5.19m (down AU$5.65m from profit in FY 2023). Revenue missed analyst estimates by 9.1%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.공시 • Feb 28Magontec Limited Announces No Dividend for the Year Ended 31 December 2024Magontec Limited announced no dividend has been declared for the 12 month period to 31 December 2024.Board Change • Feb 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive director Atul Malhotra was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Feb 05Now 35% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to AU$0.25. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 3.1% in a year. Earnings are forecast to grow by 84% in the next year.분석 기사 • Jan 03Estimating The Fair Value Of Magontec Limited (ASX:MGL)Key Insights The projected fair value for Magontec is AU$0.18 based on 2 Stage Free Cash Flow to Equity Current share...Buy Or Sell Opportunity • Jan 03Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 4.8% to AU$0.22. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 3.1% in a year. Earnings are forecast to grow by 84% in the next year.Major Estimate Revision • Dec 18Consensus EPS estimates fall by 130%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$87.2m to AU$79.4m. Losses expected to increase from AU$0.054 per share to AU$0.12. Metals and Mining industry in Australia expected to see average net income growth of 29% next year. Consensus price target up from AU$0.36 to AU$0.37. Share price was steady at AU$0.19 over the past week.Buy Or Sell Opportunity • Nov 26Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to AU$0.21. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 02Third quarter 2024 earnings released: AU$0.028 loss per share (vs AU$0.012 loss in 3Q 2023)Third quarter 2024 results: AU$0.028 loss per share (further deteriorated from AU$0.012 loss in 3Q 2023). Revenue: AU$16.7m (down 20% from 3Q 2023). Net loss: AU$2.22m (loss widened 130% from 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.New Risk • Oct 29New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Major Estimate Revision • Sep 25Consensus revenue estimates fall by 22%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$112.3m to AU$87.2m. Forecast loss of -AU$0.054, down from profit of AU$0.018 per share profit previously. Metals and Mining industry in Australia expected to see average net income growth of 29% next year. Consensus price target down from AU$0.56 to AU$0.36. Share price was steady at AU$0.23 over the past week.Price Target Changed • Sep 24Price target decreased by 33% to AU$0.36Down from AU$0.54, the current price target is provided by 1 analyst. New target price is 60% above last closing price of AU$0.23. Stock is down 44% over the past year. The company is forecast to post a net loss per share of AU$0.054 compared to earnings per share of AU$0.006 last year.Reported Earnings • Sep 03First half 2024 earnings released: AU$0.066 loss per share (vs AU$0.031 profit in 1H 2023)First half 2024 results: AU$0.066 loss per share (down from AU$0.031 profit in 1H 2023). Revenue: AU$41.4m (down 32% from 1H 2023). Net loss: AU$5.25m (down 319% from profit in 1H 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.분석 기사 • Jul 15Magontec Limited (ASX:MGL) Looks Inexpensive But Perhaps Not Attractive EnoughYou may think that with a price-to-sales (or "P/S") ratio of 0.3x Magontec Limited ( ASX:MGL ) is definitely a stock...분석 기사 • May 30The Returns At Magontec (ASX:MGL) Aren't GrowingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...공시 • Apr 10Magontec Limited, Annual General Meeting, May 15, 2024Magontec Limited, Annual General Meeting, May 15, 2024, at 11:01 AUS Eastern Standard Time. Location: Clifton Events Solutions Level 3, 10 Spring Street Sydney New South Wales Australia Agenda: To receive the financial statements, Directors' Report and Auditor's Report for the financial year ended 31 December 2023; to adopt the Remuneration Report as set out in the Annual Report for the twelve-month reporting period ended 31 December 2023; to consider reelection of directors; to consider the increase cap of performance rights to be issued under global incentive plan; to approve issue of performance rights long-term incentive plan; to consider the 2023 financial report; to consider the adoption of the remuneration report for the year ended 31 December 2023.분석 기사 • Mar 04Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006Magontec Limited's ( ASX:MGL ) investors are due to receive a payment of A$0.006 per share on 30th of April. This means...New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (0% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (AU$29.8m market cap, or US$19.4m).Declared Dividend • Mar 01Final dividend of AU$0.006 announcedDividend of AU$0.006 is the same as last year. Ex-date: 2nd April 2024 Payment date: 30th April 2024 Dividend yield will be 3.2%, which is lower than the industry average of 5.1%. Sustainability & Growth The dividend has not increased over the past 2 years but payments have been stable during that time.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.006 (vs AU$0.21 in FY 2022)Full year 2023 results: EPS: AU$0.006 (down from AU$0.21 in FY 2022). Revenue: AU$102.4m (down 36% from FY 2022). Net income: AU$466.0k (down 97% from FY 2022). Profit margin: 0.5% (down from 10% in FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.분석 기사 • Jan 31Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...분석 기사 • Nov 01Investors Will Want Magontec's (ASX:MGL) Growth In ROCE To PersistDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...분석 기사 • Sep 07Magontec's (ASX:MGL) Soft Earnings Don't Show The Whole PictureMagontec Limited's ( ASX:MGL ) earnings announcement last week didn't impress shareholders. However, our analysis...분석 기사 • Sep 06Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006Magontec Limited's ( ASX:MGL ) investors are due to receive a payment of A$0.006 per share on 31st of October. This...분석 기사 • Sep 01Magontec (ASX:MGL) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Sep 01First half 2023 earnings released: EPS: AU$0.031 (vs AU$0.18 in 1H 2022)First half 2023 results: EPS: AU$0.031 (down from AU$0.18 in 1H 2022). Revenue: AU$60.6m (down 36% from 1H 2022). Net income: AU$2.40m (down 83% from 1H 2022). Profit margin: 4.0% (down from 15% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (AU$41.5m market cap, or US$27.0m).분석 기사 • Jul 19Magontec (ASX:MGL) Knows How To Allocate Capital EffectivelyWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • May 12Is Magontec (ASX:MGL) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Mar 06Magontec Limited (ASX:MGL) Surges 48% Yet Its Low P/E Is No Reason For ExcitementMagontec Limited ( ASX:MGL ) shares have continued their recent momentum with a 48% gain in the last month alone...Reported Earnings • Mar 04Full year 2022 earnings released: EPS: AU$0.21 (vs AU$0.065 in FY 2021)Full year 2022 results: EPS: AU$0.21 (up from AU$0.065 in FY 2021). Revenue: AU$158.6m (up 38% from FY 2021). Net income: AU$16.5m (up 230% from FY 2021). Profit margin: 10% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.분석 기사 • Jan 23Why We Like The Returns At Magontec (ASX:MGL)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...공시 • Jan 20Magontec Limited Announces Company Secretary ChangesMagontec Limited announced Mr. John Talbot has retired as Company Secretary and Mr. Dean Taylor has been appointed to the role. Mr. Taylor is a Chartered Secretary and member of the Governance Institute of Australia, and has previously acted as Chief Financial Officer, Company Secretary and a Board member for a range of organizations including Standards Australia, LifeHealthcare and HPM Legrand.분석 기사 • Oct 05Magontec (ASX:MGL) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...공시 • Sep 29Magontec Limited Appoints Mr. Xingcai Li as Non-Executive DirectorMagontec Limited announced a Board refresh with the appointment of Mr. Xingcai Li as Non-Executive Director. Mr. Robert Kaye, who has served as an Independent Director since 2013, will take on new responsibilities as the Lead Independent Director, and Mr. Andre Labuschagne, who has served as a Non- Executive Director since 2014, becomes an Independent Director following the sale of all shares previously held by Straits Mine Management. Xingcai Li is General Manager of Qinghai Huixin Asset Management Co Ltd. the owner of Qinghai Salt Lake Magnesium Co Ltd. which operates the Qinghai electrolytic magnesium smelter complex in which Magontec's Magnesium Alloy Cast House is based. Mr. Li has held previous positions as the Deputy Director of Finance at the Shanghai and Hong Kong listed Aluminium Corporation of China. Prior to that Mr. Li was Vice President at Western Mining Co Ltd, responsible for overall financial management, fund raising and investment management as well as being secretary to the Board. Western Mining is a ¥23 billion company listed on the Shanghai Stock Exchange engaged in the mining, smelting, and trading of metal minerals, including copper, lead, zinc, iron, gold and silver. Mr. Li was appointed to his current role of General Manager at Qinghai Huixin Asset Management in January 2022. He has oversight of and responsibility for all activities at the Qinghai project including the magnesium and associated chemical production units. Mr. Li's extensive experience in the metals industry, particularly in the aluminium industry that has considerable overlap with magnesium production technologies, brings new skills and experience to the Magontec Board that are central to Magontec's long-term strategic vision to deliver a steady, competitive and significant new supply of magnesium alloys into global markets through the harnessing of revolutionary low-carbon manufacturing processes. Mr. Robert Kaye was appointed to the Board of Magontec Limited as an Independent Director in July 2013. Mr. Kaye is a Senior Counsel and currently serves as the Chairman of Collins Foods Limited. He is also a Director of FAR Limited and EOS Limited and has held other listed company directorships for over 10 years. Mr. Kaye has agreed to step up to the role of Lead Independent Director at Magontec to provide additional support to the Executive Chairman. Mr. Kaye is also Chair of the Remuneration and Appointments Committee and serves on the Finance, Audit and Compliance Committee. Mr. Andre Labuschagne was appointed to the Board of Magontec Limited as a Non-Executive Director in January 2014. Mr. Labuschagne is the Executive Chairman of Aeris Resources Limited and has an extensive background in the metals and mining industry. In February 2022 Aeris sold its entire 12.94% holding in Magontec Limited. Subsequent to that event Mr. Labuschagne agreed to continue to serve as an Independent Director of Magontec Limited. He also serves on the Finance, Audit and Compliance Committee and the Business Risk Committee. Mr. Andrews commented: "These appointments are part of ongoing process of Board renewal.Reported Earnings • Aug 24First half 2022 earnings released: EPS: AU$0.18 (vs AU$0.015 in 1H 2021)First half 2022 results: EPS: AU$0.18 (up from AU$0.015 in 1H 2021). Revenue: AU$93.8m (up 84% from 1H 2021). Net income: AU$13.8m (up AU$12.7m from 1H 2021). Profit margin: 15% (up from 2.2% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Aug 23Magontec Limited Declares Maiden Unfranked Interim Dividend, Payable on October 31, 2022The Board of Magontec Limited declared a maiden unfranked interim dividend of 0.6 cents per share, reflecting the strong result and financial position of the Group. Record Date is September 30, 2022. Payment Date is October 31, 2022. Ex Date is September 29, 2022.분석 기사 • Aug 12Magontec (ASX:MGL) Is Experiencing Growth In Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...공시 • Jul 25Magontec Provides Earnings Guidance for the Six Months Ended June 30, 2022Magontec Limited announced that it expects to report a Net Profit After Tax, subject to auditor review, of approximately $13 million for the 6 months to 30 June 2022.공시 • May 05Magontec Limited Announces Change of Status of Director Andre LabuschagneMagontec Limited announced that Mr. Labuschagne is the Executive Chairman of Aeris Resources Ltd. AIS was formerly a substantial shareholder of Magontec via its 100% owned subsidiary Straits Mine Management Pty Ltd. As such, Mr. Labuschagne was regarded as a non-independent Director. However, on 21 February 2022 AIS sold its entire holding of Magontec shares. In the light of the sale, and Mr. Labuschagne's agreement to remain a Director, the Board considers that Mr. Labuschagne holds no interest, position or relationship that might, or reasonably be perceived to, influence in a material respect his capacity to bring an independent judgement to bear on issues before the Board. From 4 May 2022, the Board will regard Mr. Labuschagne as an independent Director.분석 기사 • Apr 29Is Magontec (ASX:MGL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive director Atul Malhotra was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 20Magontec Limited, Annual General Meeting, May 25, 2022Magontec Limited, Annual General Meeting, May 25, 2022, at 11:00 E. Australia Standard Time. Location: Boardroom Pty Limited at Level 12, Grosvenor Place 225 George St Sydney NSW New South Wales Australia Agenda: To receive and consider the Financial Report, including the Directors' Declaration for the twelve-month reporting period ended 31 December 2021 and the related Directors' Report and Auditor's Report thereon; to consider, and if thought fit, pass the following resolution as an advisory only resolution (i.e. non-binding upon Directors): to adopt the Remuneration Report as set out in the Annual Report for the twelve-month reporting period ended 31 December 2021; and to consider other matters.Reported Earnings • Mar 01Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: AU$115.2m (up 21% from FY 2020). Net income: AU$5.01m (up AU$5.73m from FY 2020). Profit margin: 4.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates.분석 기사 • Feb 20Magontec (ASX:MGL) Hasn't Managed To Accelerate Its ReturnsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...분석 기사 • Nov 08Returns On Capital At Magontec (ASX:MGL) Have Hit The BrakesWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...분석 기사 • Oct 04Magontec (ASX:MGL) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Aug 30First half 2021 earnings released: EPS AU$0.015 (vs AU$0.002 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$50.9m (up 11% from 1H 2020). Net income: AU$1.13m (up AU$1.28m from 1H 2020). Profit margin: 2.2% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • Jul 25Magontec Limited Announces QSLM Production UpdateOn 20 July 2021 Mr. Kang Min Xie, the Chairman of Qinghai Huixin Asset Management Co. Ltd. (QHAM, principal owner of QSLM) and a Director of Magontec Limited, informed the company by letter that an engineering company has been engaged to carry out the remediation and re- start of one (of six) dehydration lines at the Qinghai Magnesium Salt Lake (QSLM) electrolytic smelter. This work has commenced and, per the advice received, is expected to be completed by 30 December 2021. The remediated dehydration line is expected to be commissioned in the first quarter of 2022. Mr. Xie noted that the magnesium plant is the central manufacturing unit for the wider QSLM industrial complex (now owned by QHAM) and that re-starting the dehydration and associated electrolysis plant is their top priority. (The electrolysis plant also delivers chlorine gas to other industrial activities on the QSLM site). While QSLM are expressing confidence that one dehydration line can be remediated under the current finance plan within the timetable above, the company note that a significant finance task remains for the project and that technical complexity and resource limitations have caused historical challenges. Each dehydration unit has a rated annual output of MgCl 2 prills sufficient to produce 16,600 tonnes of liquid pure magnesium from the electrolysis plant. In FY2020 the Magontec Qinghai cast house produced just 5,815 tonnes of magnesium alloy and sourced all its raw material from third parties located in other provinces. Magontec built this cast house with the capacity to produce 60,000 tonnes of magnesium alloys per annum and to receive raw material in liquid form from the adjacent magnesium smelter.분석 기사 • May 18It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The MicroscopeShareholders will probably not be too impressed with the underwhelming results at Magontec Limited ( ASX:MGL...분석 기사 • May 04Here's Why Magontec (ASX:MGL) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Mar 06Here's What We Make Of Magontec's (ASX:MGL) Returns On CapitalWhen researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...분석 기사 • Dec 15Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Jun 16Magontec Limited announced that it has received AUD 0.26 million in fundingMagontec Limited (ASX:MGL) announced a private placement of 19,999,992 common shares at a price of AUD 0.013 for gross proceeds of AUD 259,999.896 on June 15, 2020. The transaction involved participation from 16 existing shareholders of the company.매출 및 비용 세부 내역Magontec가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ASX:MGL 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 2564-516130 Sep 2545-614130 Jun 2556-1215131 Mar 2556-1114131 Dec 2457-514130 Sep 2482-815130 Jun 2449-314131 Mar 2464-114131 Dec 2379015130 Sep 23111215130 Jun 23125515131 Mar 231421114131 Dec 221591714130 Sep 221641914130 Jun 221581814131 Mar 221371113131 Dec 21115512130 Sep 21101111030 Jun 21100111131 Mar 2198011131 Dec 2095-111130 Sep 20102-112030 Jun 20109-212031 Mar 20120-213031 Dec 19131-113030 Sep 19132013030 Jun 19133113031 Mar 19132113031 Dec 18131113030 Sep 18129013030 Jun 18126-113031 Mar 18128-112031 Dec 17130-212030 Sep 17131-112030 Jun 17131012031 Mar 17130012031 Dec 16128112030 Sep 16133112030 Jun 16138112031 Mar 16139012031 Dec 15140012030 Sep 15137011030 Jun 15134-1100양질의 수익: MGL 은(는) 현재 수익성이 없습니다.이익 마진 증가: MGL는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: MGL은 수익성이 없으며 지난 5년 동안 손실이 연평균 48.1% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 MGL의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: MGL은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: MGL는 현재 수익성이 없으므로 자본 수익률이 음수(-11.26%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 17:34종가2026/05/18 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Magontec Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrew JohnstonMST Financial Services Pty Limited
Reported Earnings • Feb 26Full year 2025 earnings released: AU$0.089 loss per share (vs AU$0.065 loss in FY 2024)Full year 2025 results: AU$0.089 loss per share (further deteriorated from AU$0.065 loss in FY 2024). Revenue: AU$64.1m (up 12% from FY 2024). Net loss: AU$5.26m (loss widened 1.4% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 31First half 2025 earnings released: AU$0.065 loss per share (vs AU$0.066 loss in 1H 2024)First half 2025 results: AU$0.065 loss per share (improved from AU$0.066 loss in 1H 2024). Revenue: AU$29.1m (down 30% from 1H 2024). Net loss: AU$4.03m (loss narrowed 23% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 02Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: AU$57.1m (down 44% from FY 2023). Net loss: AU$5.19m (down AU$5.65m from profit in FY 2023). Revenue missed analyst estimates by 9.1%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 02Third quarter 2024 earnings released: AU$0.028 loss per share (vs AU$0.012 loss in 3Q 2023)Third quarter 2024 results: AU$0.028 loss per share (further deteriorated from AU$0.012 loss in 3Q 2023). Revenue: AU$16.7m (down 20% from 3Q 2023). Net loss: AU$2.22m (loss widened 130% from 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 03First half 2024 earnings released: AU$0.066 loss per share (vs AU$0.031 profit in 1H 2023)First half 2024 results: AU$0.066 loss per share (down from AU$0.031 profit in 1H 2023). Revenue: AU$41.4m (down 32% from 1H 2023). Net loss: AU$5.25m (down 319% from profit in 1H 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.006 (vs AU$0.21 in FY 2022)Full year 2023 results: EPS: AU$0.006 (down from AU$0.21 in FY 2022). Revenue: AU$102.4m (down 36% from FY 2022). Net income: AU$466.0k (down 97% from FY 2022). Profit margin: 0.5% (down from 10% in FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Apr 03Magontec Limited, Annual General Meeting, May 12, 2026Magontec Limited, Annual General Meeting, May 12, 2026. Location: at cliftons events solutions, at level 13, 60 margaret street, sydney, nsw 2000 Australia
Reported Earnings • Feb 26Full year 2025 earnings released: AU$0.089 loss per share (vs AU$0.065 loss in FY 2024)Full year 2025 results: AU$0.089 loss per share (further deteriorated from AU$0.065 loss in FY 2024). Revenue: AU$64.1m (up 12% from FY 2024). Net loss: AU$5.26m (loss widened 1.4% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
분석 기사 • Jan 22Is Magontec (ASX:MGL) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Board Change • Jan 07Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive director Atul Malhotra was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Dec 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive director Atul Malhotra was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Sep 01There's No Escaping Magontec Limited's (ASX:MGL) Muted Revenues Despite A 29% Share Price RiseDespite an already strong run, Magontec Limited ( ASX:MGL ) shares have been powering on, with a gain of 29% in the...
Reported Earnings • Aug 31First half 2025 earnings released: AU$0.065 loss per share (vs AU$0.066 loss in 1H 2024)First half 2025 results: AU$0.065 loss per share (improved from AU$0.066 loss in 1H 2024). Revenue: AU$29.1m (down 30% from 1H 2024). Net loss: AU$4.03m (loss narrowed 23% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
New Risk • Aug 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.2% per year over the past 5 years. Market cap is less than US$10m (AU$14.0m market cap, or US$9.02m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).
분석 기사 • May 22Magontec Limited's (ASX:MGL) Low P/S No Reason For ExcitementMagontec Limited's ( ASX:MGL ) price-to-sales (or "P/S") ratio of 0.2x might make it look like a strong buy right now...
공시 • Apr 01Magontec Limited, Annual General Meeting, May 07, 2025Magontec Limited, Annual General Meeting, May 07, 2025. Location: at cliftons event solutions, at level 13, 60 margaret street, sydney nsw 2000, Australia
Reported Earnings • Mar 02Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: AU$57.1m (down 44% from FY 2023). Net loss: AU$5.19m (down AU$5.65m from profit in FY 2023). Revenue missed analyst estimates by 9.1%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
공시 • Feb 28Magontec Limited Announces No Dividend for the Year Ended 31 December 2024Magontec Limited announced no dividend has been declared for the 12 month period to 31 December 2024.
Board Change • Feb 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive director Atul Malhotra was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Feb 05Now 35% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to AU$0.25. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 3.1% in a year. Earnings are forecast to grow by 84% in the next year.
분석 기사 • Jan 03Estimating The Fair Value Of Magontec Limited (ASX:MGL)Key Insights The projected fair value for Magontec is AU$0.18 based on 2 Stage Free Cash Flow to Equity Current share...
Buy Or Sell Opportunity • Jan 03Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 4.8% to AU$0.22. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 3.1% in a year. Earnings are forecast to grow by 84% in the next year.
Major Estimate Revision • Dec 18Consensus EPS estimates fall by 130%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$87.2m to AU$79.4m. Losses expected to increase from AU$0.054 per share to AU$0.12. Metals and Mining industry in Australia expected to see average net income growth of 29% next year. Consensus price target up from AU$0.36 to AU$0.37. Share price was steady at AU$0.19 over the past week.
Buy Or Sell Opportunity • Nov 26Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to AU$0.21. The fair value is estimated to be AU$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 02Third quarter 2024 earnings released: AU$0.028 loss per share (vs AU$0.012 loss in 3Q 2023)Third quarter 2024 results: AU$0.028 loss per share (further deteriorated from AU$0.012 loss in 3Q 2023). Revenue: AU$16.7m (down 20% from 3Q 2023). Net loss: AU$2.22m (loss widened 130% from 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
New Risk • Oct 29New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.1m (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Sep 25Consensus revenue estimates fall by 22%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$112.3m to AU$87.2m. Forecast loss of -AU$0.054, down from profit of AU$0.018 per share profit previously. Metals and Mining industry in Australia expected to see average net income growth of 29% next year. Consensus price target down from AU$0.56 to AU$0.36. Share price was steady at AU$0.23 over the past week.
Price Target Changed • Sep 24Price target decreased by 33% to AU$0.36Down from AU$0.54, the current price target is provided by 1 analyst. New target price is 60% above last closing price of AU$0.23. Stock is down 44% over the past year. The company is forecast to post a net loss per share of AU$0.054 compared to earnings per share of AU$0.006 last year.
Reported Earnings • Sep 03First half 2024 earnings released: AU$0.066 loss per share (vs AU$0.031 profit in 1H 2023)First half 2024 results: AU$0.066 loss per share (down from AU$0.031 profit in 1H 2023). Revenue: AU$41.4m (down 32% from 1H 2023). Net loss: AU$5.25m (down 319% from profit in 1H 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
분석 기사 • Jul 15Magontec Limited (ASX:MGL) Looks Inexpensive But Perhaps Not Attractive EnoughYou may think that with a price-to-sales (or "P/S") ratio of 0.3x Magontec Limited ( ASX:MGL ) is definitely a stock...
분석 기사 • May 30The Returns At Magontec (ASX:MGL) Aren't GrowingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
공시 • Apr 10Magontec Limited, Annual General Meeting, May 15, 2024Magontec Limited, Annual General Meeting, May 15, 2024, at 11:01 AUS Eastern Standard Time. Location: Clifton Events Solutions Level 3, 10 Spring Street Sydney New South Wales Australia Agenda: To receive the financial statements, Directors' Report and Auditor's Report for the financial year ended 31 December 2023; to adopt the Remuneration Report as set out in the Annual Report for the twelve-month reporting period ended 31 December 2023; to consider reelection of directors; to consider the increase cap of performance rights to be issued under global incentive plan; to approve issue of performance rights long-term incentive plan; to consider the 2023 financial report; to consider the adoption of the remuneration report for the year ended 31 December 2023.
분석 기사 • Mar 04Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006Magontec Limited's ( ASX:MGL ) investors are due to receive a payment of A$0.006 per share on 30th of April. This means...
New Risk • Mar 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (0% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (AU$29.8m market cap, or US$19.4m).
Declared Dividend • Mar 01Final dividend of AU$0.006 announcedDividend of AU$0.006 is the same as last year. Ex-date: 2nd April 2024 Payment date: 30th April 2024 Dividend yield will be 3.2%, which is lower than the industry average of 5.1%. Sustainability & Growth The dividend has not increased over the past 2 years but payments have been stable during that time.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.006 (vs AU$0.21 in FY 2022)Full year 2023 results: EPS: AU$0.006 (down from AU$0.21 in FY 2022). Revenue: AU$102.4m (down 36% from FY 2022). Net income: AU$466.0k (down 97% from FY 2022). Profit margin: 0.5% (down from 10% in FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jan 31Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
분석 기사 • Nov 01Investors Will Want Magontec's (ASX:MGL) Growth In ROCE To PersistDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
분석 기사 • Sep 07Magontec's (ASX:MGL) Soft Earnings Don't Show The Whole PictureMagontec Limited's ( ASX:MGL ) earnings announcement last week didn't impress shareholders. However, our analysis...
분석 기사 • Sep 06Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006Magontec Limited's ( ASX:MGL ) investors are due to receive a payment of A$0.006 per share on 31st of October. This...
분석 기사 • Sep 01Magontec (ASX:MGL) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Sep 01First half 2023 earnings released: EPS: AU$0.031 (vs AU$0.18 in 1H 2022)First half 2023 results: EPS: AU$0.031 (down from AU$0.18 in 1H 2022). Revenue: AU$60.6m (down 36% from 1H 2022). Net income: AU$2.40m (down 83% from 1H 2022). Profit margin: 4.0% (down from 15% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (AU$41.5m market cap, or US$27.0m).
분석 기사 • Jul 19Magontec (ASX:MGL) Knows How To Allocate Capital EffectivelyWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • May 12Is Magontec (ASX:MGL) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Mar 06Magontec Limited (ASX:MGL) Surges 48% Yet Its Low P/E Is No Reason For ExcitementMagontec Limited ( ASX:MGL ) shares have continued their recent momentum with a 48% gain in the last month alone...
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: AU$0.21 (vs AU$0.065 in FY 2021)Full year 2022 results: EPS: AU$0.21 (up from AU$0.065 in FY 2021). Revenue: AU$158.6m (up 38% from FY 2021). Net income: AU$16.5m (up 230% from FY 2021). Profit margin: 10% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jan 23Why We Like The Returns At Magontec (ASX:MGL)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
공시 • Jan 20Magontec Limited Announces Company Secretary ChangesMagontec Limited announced Mr. John Talbot has retired as Company Secretary and Mr. Dean Taylor has been appointed to the role. Mr. Taylor is a Chartered Secretary and member of the Governance Institute of Australia, and has previously acted as Chief Financial Officer, Company Secretary and a Board member for a range of organizations including Standards Australia, LifeHealthcare and HPM Legrand.
분석 기사 • Oct 05Magontec (ASX:MGL) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
공시 • Sep 29Magontec Limited Appoints Mr. Xingcai Li as Non-Executive DirectorMagontec Limited announced a Board refresh with the appointment of Mr. Xingcai Li as Non-Executive Director. Mr. Robert Kaye, who has served as an Independent Director since 2013, will take on new responsibilities as the Lead Independent Director, and Mr. Andre Labuschagne, who has served as a Non- Executive Director since 2014, becomes an Independent Director following the sale of all shares previously held by Straits Mine Management. Xingcai Li is General Manager of Qinghai Huixin Asset Management Co Ltd. the owner of Qinghai Salt Lake Magnesium Co Ltd. which operates the Qinghai electrolytic magnesium smelter complex in which Magontec's Magnesium Alloy Cast House is based. Mr. Li has held previous positions as the Deputy Director of Finance at the Shanghai and Hong Kong listed Aluminium Corporation of China. Prior to that Mr. Li was Vice President at Western Mining Co Ltd, responsible for overall financial management, fund raising and investment management as well as being secretary to the Board. Western Mining is a ¥23 billion company listed on the Shanghai Stock Exchange engaged in the mining, smelting, and trading of metal minerals, including copper, lead, zinc, iron, gold and silver. Mr. Li was appointed to his current role of General Manager at Qinghai Huixin Asset Management in January 2022. He has oversight of and responsibility for all activities at the Qinghai project including the magnesium and associated chemical production units. Mr. Li's extensive experience in the metals industry, particularly in the aluminium industry that has considerable overlap with magnesium production technologies, brings new skills and experience to the Magontec Board that are central to Magontec's long-term strategic vision to deliver a steady, competitive and significant new supply of magnesium alloys into global markets through the harnessing of revolutionary low-carbon manufacturing processes. Mr. Robert Kaye was appointed to the Board of Magontec Limited as an Independent Director in July 2013. Mr. Kaye is a Senior Counsel and currently serves as the Chairman of Collins Foods Limited. He is also a Director of FAR Limited and EOS Limited and has held other listed company directorships for over 10 years. Mr. Kaye has agreed to step up to the role of Lead Independent Director at Magontec to provide additional support to the Executive Chairman. Mr. Kaye is also Chair of the Remuneration and Appointments Committee and serves on the Finance, Audit and Compliance Committee. Mr. Andre Labuschagne was appointed to the Board of Magontec Limited as a Non-Executive Director in January 2014. Mr. Labuschagne is the Executive Chairman of Aeris Resources Limited and has an extensive background in the metals and mining industry. In February 2022 Aeris sold its entire 12.94% holding in Magontec Limited. Subsequent to that event Mr. Labuschagne agreed to continue to serve as an Independent Director of Magontec Limited. He also serves on the Finance, Audit and Compliance Committee and the Business Risk Committee. Mr. Andrews commented: "These appointments are part of ongoing process of Board renewal.
Reported Earnings • Aug 24First half 2022 earnings released: EPS: AU$0.18 (vs AU$0.015 in 1H 2021)First half 2022 results: EPS: AU$0.18 (up from AU$0.015 in 1H 2021). Revenue: AU$93.8m (up 84% from 1H 2021). Net income: AU$13.8m (up AU$12.7m from 1H 2021). Profit margin: 15% (up from 2.2% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Aug 23Magontec Limited Declares Maiden Unfranked Interim Dividend, Payable on October 31, 2022The Board of Magontec Limited declared a maiden unfranked interim dividend of 0.6 cents per share, reflecting the strong result and financial position of the Group. Record Date is September 30, 2022. Payment Date is October 31, 2022. Ex Date is September 29, 2022.
분석 기사 • Aug 12Magontec (ASX:MGL) Is Experiencing Growth In Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
공시 • Jul 25Magontec Provides Earnings Guidance for the Six Months Ended June 30, 2022Magontec Limited announced that it expects to report a Net Profit After Tax, subject to auditor review, of approximately $13 million for the 6 months to 30 June 2022.
공시 • May 05Magontec Limited Announces Change of Status of Director Andre LabuschagneMagontec Limited announced that Mr. Labuschagne is the Executive Chairman of Aeris Resources Ltd. AIS was formerly a substantial shareholder of Magontec via its 100% owned subsidiary Straits Mine Management Pty Ltd. As such, Mr. Labuschagne was regarded as a non-independent Director. However, on 21 February 2022 AIS sold its entire holding of Magontec shares. In the light of the sale, and Mr. Labuschagne's agreement to remain a Director, the Board considers that Mr. Labuschagne holds no interest, position or relationship that might, or reasonably be perceived to, influence in a material respect his capacity to bring an independent judgement to bear on issues before the Board. From 4 May 2022, the Board will regard Mr. Labuschagne as an independent Director.
분석 기사 • Apr 29Is Magontec (ASX:MGL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive director Atul Malhotra was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 20Magontec Limited, Annual General Meeting, May 25, 2022Magontec Limited, Annual General Meeting, May 25, 2022, at 11:00 E. Australia Standard Time. Location: Boardroom Pty Limited at Level 12, Grosvenor Place 225 George St Sydney NSW New South Wales Australia Agenda: To receive and consider the Financial Report, including the Directors' Declaration for the twelve-month reporting period ended 31 December 2021 and the related Directors' Report and Auditor's Report thereon; to consider, and if thought fit, pass the following resolution as an advisory only resolution (i.e. non-binding upon Directors): to adopt the Remuneration Report as set out in the Annual Report for the twelve-month reporting period ended 31 December 2021; and to consider other matters.
Reported Earnings • Mar 01Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: AU$115.2m (up 21% from FY 2020). Net income: AU$5.01m (up AU$5.73m from FY 2020). Profit margin: 4.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates.
분석 기사 • Feb 20Magontec (ASX:MGL) Hasn't Managed To Accelerate Its ReturnsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
분석 기사 • Nov 08Returns On Capital At Magontec (ASX:MGL) Have Hit The BrakesWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
분석 기사 • Oct 04Magontec (ASX:MGL) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Aug 30First half 2021 earnings released: EPS AU$0.015 (vs AU$0.002 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$50.9m (up 11% from 1H 2020). Net income: AU$1.13m (up AU$1.28m from 1H 2020). Profit margin: 2.2% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • Jul 25Magontec Limited Announces QSLM Production UpdateOn 20 July 2021 Mr. Kang Min Xie, the Chairman of Qinghai Huixin Asset Management Co. Ltd. (QHAM, principal owner of QSLM) and a Director of Magontec Limited, informed the company by letter that an engineering company has been engaged to carry out the remediation and re- start of one (of six) dehydration lines at the Qinghai Magnesium Salt Lake (QSLM) electrolytic smelter. This work has commenced and, per the advice received, is expected to be completed by 30 December 2021. The remediated dehydration line is expected to be commissioned in the first quarter of 2022. Mr. Xie noted that the magnesium plant is the central manufacturing unit for the wider QSLM industrial complex (now owned by QHAM) and that re-starting the dehydration and associated electrolysis plant is their top priority. (The electrolysis plant also delivers chlorine gas to other industrial activities on the QSLM site). While QSLM are expressing confidence that one dehydration line can be remediated under the current finance plan within the timetable above, the company note that a significant finance task remains for the project and that technical complexity and resource limitations have caused historical challenges. Each dehydration unit has a rated annual output of MgCl 2 prills sufficient to produce 16,600 tonnes of liquid pure magnesium from the electrolysis plant. In FY2020 the Magontec Qinghai cast house produced just 5,815 tonnes of magnesium alloy and sourced all its raw material from third parties located in other provinces. Magontec built this cast house with the capacity to produce 60,000 tonnes of magnesium alloys per annum and to receive raw material in liquid form from the adjacent magnesium smelter.
분석 기사 • May 18It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The MicroscopeShareholders will probably not be too impressed with the underwhelming results at Magontec Limited ( ASX:MGL...
분석 기사 • May 04Here's Why Magontec (ASX:MGL) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Mar 06Here's What We Make Of Magontec's (ASX:MGL) Returns On CapitalWhen researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...
분석 기사 • Dec 15Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Jun 16Magontec Limited announced that it has received AUD 0.26 million in fundingMagontec Limited (ASX:MGL) announced a private placement of 19,999,992 common shares at a price of AUD 0.013 for gross proceeds of AUD 259,999.896 on June 15, 2020. The transaction involved participation from 16 existing shareholders of the company.