0.23
-10.00%
Close of 6 Nov 2026, in AUD
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About Magontec
Its shares trade on ASX under the ticker MGL.AX. It has been listed since 31 December 1993. In the fiscal year to 31 December 2025, it reported revenue of A$64.1m and a net loss of A$5.4m. At that date it held total assets of A$72.7m and shareholders' equity of A$46.7m.
Magontec Ltd. engages in the manufacture of generic and specialist magnesium alloys. The company is headquartered in Sydney, New South Wales. The firm's principal activities include manufacture and sale of generic and specialist magnesium alloys; manufacture and distribution of magnesium and titanium cathodic corrosion protection products (CCP); research and development of magnesium alloys and technologies; research and development of CCP, and creating markets for magnesium alloys and technologies by supporting demonstration trials and programs for developing applications. The company operates through three segments: Admin Units, which are Magontec administrative entities performing a Head Office function consisting of Magontec Limited, Advanced Magnesium Technologies Pty Limited and Varomet Holdings Limited; EUR, which are Magontec operating entities in Europe consisting of Magontec GmbH, Magontec SRL and Magontec LLC, and PRC, which are Magontec operating entities in the People's Republic of China consisting of Magontec Xian Co. Ltd. and Magontec Shanxi Co. Ltd., among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 31 Dec 1993
- Employees
- 121
- Website
- magontec.com ↗
Leadership
Pay as last reported
- Mr. Nicholas AndrewsExecutive Chairman of the Board, since 2007A$359,336
- Mr. Derryn ChinChief Financial Officer
- Christoph Klein-SchmeinkPresident - Magontec Europe & North America, since 2014A$293,885
- Xunyou TongPresident - Magontec AsiaA$243,349
- Mr. Dean TaylorCompany Secretary
- Mr. Robert KayeNon-Executive Lead Independent Director
- Mr. Xingcai LiNon-Executive Director
- Mr. Andre LabuschagneNon-Executive Independent Director
- Mr. Atul MalhotraNon-Executive Independent Director
- Mr. Jun Li ZhongNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Magontec Ltd possesses several strengths that contribute to its competitive advantage in the market. Firstly, the company has a strong global presence with a wide network of distribution channels. This allows them to reach a diverse range of customers and expand their market share. Additionally, Magontec Ltd has built a reputation for producing high-quality products and providing excellent customer service, which has resulted in a loyal customer base. Furthermore, the company invests heavily in research and development, enabling them to continuously improve their products and stay ahead of competitors.
Weaknesses
- Despite its strengths, Magontec Ltd also faces certain weaknesses that may hinder its growth potential. One major weakness is its dependency on a limited number of key customers or industries. Any changes in the demand or preferences of these customers could significantly impact the company's revenue. Moreover, the company has a relatively high cost structure, partly due to research and development investments, which may put pressure on its profitability. Additionally, Magontec Ltd may face challenges in effectively managing its global operations and maintaining consistent quality standards across different regions.
Opportunities
- Magontec Ltd can capitalize on several opportunities to further enhance its success in the market. Firstly, there is a growing demand for sustainable and environmentally-friendly solutions, which aligns with the company's expertise in developing eco-friendly products. By focusing on this market segment, Magontec Ltd can differentiate itself and attract environmentally-conscious customers. Furthermore, expanding into emerging markets with high growth potential, such as Asia and South America, can provide new avenues for revenue generation. Additionally, the company can explore strategic partnerships or acquisitions to access new technologies or enter new markets.
Threats
- Despite its positive prospects, Magontec Ltd also faces certain threats that should be carefully managed. One significant threat is intense competition from both established players and new entrants in the industry. This competition may lead to price wars or erosion of market share if Magontec Ltd fails to differentiate its offerings effectively. Additionally, geopolitical factors, trade barriers, or economic uncertainties in certain regions can impact the company's global operations and sales. Moreover, evolving regulations and compliance requirements in the industry pose a challenge for Magontec Ltd to adapt and maintain compliance across different markets.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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