I just saw a wave of lamentation and anger in the comment section. Under such emotions, it’s easy to make wrong decisions. Here, I will briefly share a few points on the interpretation of the earnings report and the earnings call, hoping it will be helpful for everyone (more detailed content can be found on Facebook).
1. Why did the stock price fall after the earnings release? Despite a surge in neodymium-praseodymium oxide production and significant growth in metal material output in Q3, the absence of a guaranteed price from the Ministry of Defense led to a loss of 0.1 yuan per share. Although the guaranteed price policy from the Ministry of Defense started being implemented in Q4, the current equipment has already reached its maximum neodymium-praseodymium oxide production capacity. Additionally, while magnetic materials began commercial mass production in Q4, initial production is limited, contributing minimally to profits. Therefore, although Q4 losses are expected to reverse, estimated profits at 0.1 USD per share disappointed the market.
2. The key lies in Q1 next year! Installation of new neodymium-praseodymium oxide processing equipment is currently underway, and production is expected to surge again in Q1 next year. With the guaranteed price policy, there will be a significant increase in profits. Moreover, magnetic materials, which began commercial production in Q4 this year, should gradually ramp up production and start contributing to profits by Q1 next year.
3. In Q1 next year, heavy rare earth separation equipment will be installed and put into operation by mid-next year. By Q4 next year, commercial mass production of magnetic materials will reach full capacity.
Therefore, starting from the fourth quarter, MP will turn losses into profits and maintain continuous profitability thereafter. With the commissioning of new projects, profits will continue to grow for a period of time. Despite favorable developments such as the Department of Defense's equity participation in Q3 this year...

This is an introduction to features of moomoo’s options chain – found in the app and on the desktop platform – and how it is used. This article is the first in a series.
One of the challenges in harnessing the power of options is understanding the details. Options are multi-dimensional. They are affected by changes in the price of the underlying stock or index, but there is more.
Changes in volatility expectations, the time to expiry, and int...

The so-called representative of new quality productivity, the electric vehicle industry, where the total profits of all domestic electric vehicles do not reach half of Toyota’s profit; the solar energy industry, which has become excessively competitive to the point of near collapse, forcing the government to intervene and control solar production capacity. Now let’s look at the operating conditions of China’s rare earth industry: only after the government imposed export controls on rare earth did domestic rare earth prices begin to rise continuously, and operating performance improved significantly. However, even so, after reviewing Northern Rareearth’s latest third-quarter financial report, with revenue of 11.4 billion yuan but only 840 million yuan in net profit, is this the profit margin of a so-called monopoly industry? The earlier quarterly reports are even worse. And Northern Rareearth is considered one of the better performers—China Rareearth’s results are even more dismal!
Is the rare earth industry, which claims to monopolize the global supply chain, actually monopolizing through low-price dumping?
They are all state-owned enterprises. Since they are not losing their own money, do they feel no pain?
If the state does not intervene, is there no other way for peers except to engage in cutthroat competition?
If it were your own company, would you still be willing to sell rare earths at a loss?
Apart from relying on environmental pollution, suppressed wages, and unpaid overtime to cut costs without limits, wouldn’t it be possible to collaborate and raise prices by 20-30%?
Why is it that foreign monopolistic enterprises operate with exorbitant profits, but once inside the country, they become low-margin businesses?
After so many years of reform and opening up, despite becoming the world’s largest manufacturing power, there remains a severe lack of integrity in business practices, commercial ethics, and industry order, and instead...