Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 756.66M | 686.07M | 810.41M | 1.21B | 1.11B |
Gross Profit | -52.99M | -151.31M | 1.12M | 85.98M | 75.83M |
EBITDA | -54.20M | -175.96M | -353.35M | 56.73M | 47.81M |
Net Income | -104.92M | -200.54M | -373.30M | 24.27M | 19.71M |
Balance Sheet | |||||
Total Assets | 2.00B | 2.15B | 2.41B | 3.05B | 2.93B |
Cash, Cash Equivalents and Short-Term Investments | 965.95M | 1.30B | 1.45B | 1.82B | 1.74B |
Total Debt | 664.00K | 1.02M | 1.39M | 1.74M | 3.35M |
Total Liabilities | 107.22M | 109.55M | 133.19M | 156.76M | 147.94M |
Stockholders Equity | 1.92B | 2.06B | 2.29B | 2.88B | 2.78B |
Cash Flow | |||||
Free Cash Flow | -312.75M | -169.79M | -232.80M | 30.39M | 152.02M |
Operating Cash Flow | -312.75M | -169.78M | -225.84M | 120.59M | 157.12M |
Investing Cash Flow | 2.54M | 35.60M | -5.93M | -89.77M | 11.73M |
Financing Cash Flow | -443.00K | -680.00K | -432.00K | -949.00K | -1.38M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | HK$22.86B | 11.54 | 17.83% | 2.66% | 36.51% | 66.77% | |
59 Neutral | HK$16.65B | 4.27 | -5.31% | 4.61% | -3.83% | -62.19% | |
55 Neutral | HK$1.95B | ― | -5.26% | ― | 10.29% | 47.66% | |
49 Neutral | HK$600.56M | ― | -9999.00% | ― | -27.61% | 84.83% | |
42 Neutral | HK$466.07M | ― | -35.00% | ― | -5.27% | 47.34% | |
39 Underperform | €45.04M | ― | ― | -7.89% | 10.33% |
China Rare Earth Holdings Limited has announced a change in its company website and email address, effective from July 25, 2025. Additionally, the trading halt on the company’s shares, initiated on June 18, 2025, will continue until further notice, urging shareholders and potential investors to exercise caution.
China Rare Earth Holdings Limited has announced the vacation of office of its executive director, Mr. Jiang Quanlong, due to his inability to settle outstanding debts exceeding RMB200 million, which has led to external debt disputes. The company has also continued its trading halt on the Hong Kong Stock Exchange, advising shareholders and potential investors to exercise caution.
China Rare Earth Holdings Limited has announced the roles and functions of its board of directors. Ms. Guo Jinying has been appointed as the acting chairman of the board, responsible for financial strategic planning and execution. The board also includes Mr. Man Kong Yui, Mr. Kang Shuaijie, and Mr. Yip Tze Wai Albert, who hold various independent non-executive director roles and chairmanships of key committees. This announcement highlights the company’s focus on strengthening its governance and strategic oversight, which could impact its operational effectiveness and stakeholder confidence.
China Rare Earth Holdings Limited has announced the roles and functions of its board members. The announcement highlights the leadership structure, with Mr. Jiang Quanlong and Ms. Guo Jinying serving as joint acting chairpersons, focusing on business development and financial strategy. This restructuring aims to strengthen the company’s governance and operational efficiency, potentially impacting its market positioning and stakeholder relations.
China Rare Earth Holdings Limited announced the resignation of Mr. Jiang Dawei as an executive director and CEO due to personal reasons, effective from July 6, 2025. The company is currently undergoing an investigation, and trading of its shares remains halted since June 18, 2025, with further updates to be announced as necessary.
China Rare Earth Holdings Limited has announced the establishment of an independent investigation committee following allegations of asset misappropriation within its subsidiaries in mainland China. The investigation will address these claims, review internal controls, and assess the impact on business operations. Additionally, the company is probing the validity of a recent acquisition of tungsten bars. Trading of the company’s shares remains halted until further notice, with stakeholders advised to exercise caution.
China Rare Earth Holdings Limited has outlined the terms of reference for its Audit Committee, emphasizing the importance of independent oversight in its governance structure. The committee’s composition and procedures are designed to ensure rigorous financial oversight and compliance with Hong Kong Stock Exchange listing rules, potentially enhancing stakeholder confidence in the company’s financial practices.
China Rare Earth Holdings Limited has announced the establishment of a Nomination Committee within its Board of Directors. This committee, formed to oversee the nomination procedures for directors, includes a majority of independent non-executive directors and aims to enhance board diversity and governance. The committee’s formation is expected to strengthen the company’s governance framework and ensure a more structured approach to director appointments, potentially impacting the company’s strategic direction and stakeholder confidence.
China Rare Earth Holdings Limited has announced the establishment of a Remuneration Committee to oversee and set policies on executive directors’ remuneration. This move is aimed at ensuring competitive remuneration packages to attract and retain directors, while maintaining transparency and fairness in the company’s governance structure.
China Rare Earth Holdings Limited has announced a trading halt of its shares on the Hong Kong Stock Exchange as of June 18, 2025, pending the release of significant inside information. This pause in trading suggests potential impactful developments within the company, which could influence its market positioning and stakeholder interests.
China Rare Earth Holdings Limited has appointed Prof. Yip Tze Wai Albert as an independent non-executive director, chairman of the audit committee, and a member of both the remuneration and nomination committees, effective June 23, 2025. Prof. Yip brings over 30 years of experience in banking and finance, enhancing the company’s governance and strategic oversight. His appointment is expected to strengthen the company’s compliance with listing rules and improve its industry positioning, potentially benefiting stakeholders through enhanced corporate governance and strategic direction.
China Rare Earth Holdings Limited has announced the roles and functions of its board members. The announcement highlights the leadership structure, with Mr. Jiang Quanlong and Ms. Guo Jinying serving as joint acting chairmen, and Mr. Jiang Dawei as the CEO, indicating a focus on strategic business development and financial planning.
China Rare Earth Holdings Limited announced the results of its Annual General Meeting held on June 20, 2025. The meeting saw the approval of several key resolutions, including the re-election of certain directors and the authorization for the board to manage share issuance and repurchase. However, resolutions to re-elect two directors were not passed. The outcomes of the AGM are expected to influence the company’s governance and strategic decisions moving forward.
China Rare Earth Holdings Limited has announced the roles and functions of its board members, highlighting key responsibilities in business development, management, and strategic planning. This announcement underscores the company’s commitment to structured governance and strategic oversight, which may enhance its operational efficiency and market positioning.
China Rare Earth Holdings Limited has completed a significant transaction involving the acquisition of tungsten bars, which was finalized on 16 June 2025. This transaction involved the issuance of 400 million new shares, representing 14.3% of the company’s enlarged share capital, under a general mandate. The completion of this transaction is expected to impact the company’s shareholding structure, with a notable increase in shares held by Ms. Ong Shing Lan, the sole shareholder and director of the vendor involved in the transaction.
China Rare Earth Holdings Limited has announced a significant acquisition of tungsten bars valued at HK$150,000,000, determined through a market-based valuation approach. This acquisition, involving the issuance of consideration shares under a general mandate, highlights the company’s strategic move to strengthen its position in the rare earth market by leveraging current market trends and pricing dynamics.
China Rare Earth Holdings has announced a discloseable transaction involving the acquisition of tungsten bars. The transaction, valued at HK$150,000,000, will be settled through the issuance of 400,000,000 consideration shares under the general mandate. This acquisition represents approximately 16.7% of the company’s issued share capital and is subject to reporting and announcement requirements under the Listing Rules.
China Rare Earth Holdings Limited announced the resignation of Mr. Yu Tak Shing Eric as the joint company secretary, effective May 12, 2025. Mr. Yu’s departure is amicable, with no disagreements reported, and Ms. Tsui Mei Fung will continue as the sole company secretary. This change in the company’s secretarial team is not expected to impact its operations significantly, as the board expressed gratitude for Mr. Yu’s contributions and ensured continuity in governance.
China Rare Earth Holdings Limited has announced the completion of a subscription agreement for new shares, which was finalized on May 8, 2025. The company has successfully issued 48,750,000 new shares at a price of HK$0.32 per share, altering its shareholding structure slightly, with the new subscriber now holding a 2% stake.