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 |
---|---|---|---|---|---|---|---|
79 Outperform | HK$16.86B | 8.51 | 17.83% | 3.61% | 36.51% | 66.77% | |
58 Neutral | HK$17.12B | 4.56 | -6.43% | 5.15% | -3.18% | -62.89% | |
55 Neutral | $1.95B | ― | -5.26% | ― | 10.29% | 47.66% | |
45 Neutral | €43.26M | ― | ― | -7.89% | 10.33% | ||
43 Neutral | HK$457.89M | ― | -35.00% | ― | -5.27% | 47.34% | |
41 Neutral | HK$437.91M | ― | -9999.00% | ― | -27.61% | 84.83% |
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.
China Rare Earth Holdings Limited has announced a supplemental agreement regarding the subscription of new shares under a general mandate. The subscription involves a global investment company led by Mr. Yu Jiang, who has extensive experience in corporate investment and equity financing. The subscription aims to leverage the strategic advice and operational resources of the Subscriber to enhance the company’s investment value and operational efficiency. The proceeds from the subscription will be used primarily for the company’s Hong Kong office expenses and other professional fees.
China Rare Earth Holdings Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 20, 2025, in Hong Kong. The meeting will address several key business items, including the re-election of directors and the authorization of the board to manage director remuneration and share allotments. The resolutions aim to ensure continuity in leadership and strategic flexibility in capital management, which could impact the company’s operational strategies and stakeholder interests.
China Rare Earth Holdings has announced a subscription agreement to issue 48,750,000 new shares at a price of HK$0.32 each, representing a discount to the recent trading prices. This move is expected to raise approximately HK$15.5 million in net proceeds, which will be used for the company’s working capital. The issuance will slightly increase the company’s share capital by about 2%, but the subscriber will not become a substantial shareholder.