View Future GrowthGrange Resources 過去の業績過去 基準チェック /16Grange Resourcesの収益は年間平均-35.7%の割合で減少していますが、 Metals and Mining業界の収益は年間 減少しています。収益は年間1.6% 7.3%割合で 減少しています。 Grange Resourcesの自己資本利益率は4.2%であり、純利益率は9.8%です。主要情報-35.74%収益成長率-35.74%EPS成長率Metals and Mining 業界の成長29.18%収益成長率-7.34%株主資本利益率4.21%ネット・マージン9.75%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Aug 26First half 2024 earnings released: EPS: AU$0.023 (vs AU$0.061 in 1H 2023)First half 2024 results: EPS: AU$0.023 (down from AU$0.061 in 1H 2023). Revenue: AU$234.0m (down 16% from 1H 2023). Net income: AU$26.5m (down 62% from 1H 2023). Profit margin: 11% (down from 25% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.13 (vs AU$0.15 in FY 2022)Full year 2023 results: EPS: AU$0.13 (down from AU$0.15 in FY 2022). Revenue: AU$614.7m (up 3.4% from FY 2022). Net income: AU$150.1m (down 13% from FY 2022). Profit margin: 24% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 27First half 2023 earnings released: EPS: AU$0.061 (vs AU$0.11 in 1H 2022)First half 2023 results: EPS: AU$0.061 (down from AU$0.11 in 1H 2022). Revenue: AU$278.4m (down 18% from 1H 2022). Net income: AU$70.4m (down 47% from 1H 2022). Profit margin: 25% (down from 39% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: AU$0.15 (vs AU$0.28 in FY 2021)Full year 2022 results: EPS: AU$0.15 (down from AU$0.28 in FY 2021). Revenue: AU$594.6m (down 24% from FY 2021). Net income: AU$171.7m (down 47% from FY 2021). Profit margin: 29% (down from 41% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 31First half 2022 earnings released: EPS: AU$0.11 (vs AU$0.18 in 1H 2021)First half 2022 results: EPS: AU$0.11 (down from AU$0.18 in 1H 2021). Revenue: AU$341.1m (down 24% from 1H 2021). Net income: AU$132.2m (down 36% from 1H 2021). Profit margin: 39% (down from 46% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: AU$0.28 (up from AU$0.18 in FY 2020). Revenue: AU$781.7m (up 49% from FY 2020). Net income: AU$322.3m (up 58% from FY 2020). Profit margin: 41% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Iron Production: 2.808 Mt (2.468 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Revenue exceeded analyst estimates by 1.4%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Mar 24Grange Resources Limited, Annual General Meeting, May 13, 2026Grange Resources Limited, Annual General Meeting, May 13, 2026.お知らせ • Jan 01Grange Resources Limited Announces Resignation of Alice Shen as Non-Executive Director, Effective December 30, 2025Grange Resources Limited advised that Ms. Alice Shen has resigned as a non-executive Director, effective immediately, due to ongoing work commitments. Ms. Shen was appointed in December 2023.お知らせ • Apr 10Grange Resources Limited Announces Resignation of Chongtao Xu as Non-Executive Director, Effective April 10, 2025The Board of Grange Resources Limited advised that Mr. Chongtao Xu has resigned as a non-executive Director, effective immediately. Mr. Xu will continue in his senior executive role within the Company.お知らせ • Mar 14Grange Resources Limited, Annual General Meeting, May 14, 2025Grange Resources Limited, Annual General Meeting, May 14, 2025.お知らせ • Sep 25Grange Resources Limited Announces Appointment of Jiajia Jiang as Non-Independent Non-Executive DirectorThe Board of Grange Resources Limited announced the appointment of Mr. Jiajia Jiang as a non-executive Director, effective immediately. Mr. Jiang currently holds the position of Investment Management Director in Shagang Group Investment Holding Co Ltd, being responsible for venture capital investment and project post investment management. Prior to this appointment Mr. Jiang joined Shagang Group in 2013 as an Assistant Director of the Investment Department of Shagang Group. Mr. Jiang holds a Bachelor of Law degree majoring in Economic Law. Mr. Jiang joins the Board as a non-independent non-executive Director.Reported Earnings • Aug 26First half 2024 earnings released: EPS: AU$0.023 (vs AU$0.061 in 1H 2023)First half 2024 results: EPS: AU$0.023 (down from AU$0.061 in 1H 2023). Revenue: AU$234.0m (down 16% from 1H 2023). Net income: AU$26.5m (down 62% from 1H 2023). Profit margin: 11% (down from 25% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • Apr 19Grange Resources Limited Appoints Fong Hoon as Independent Non-Executive Director and Chair of the Audit & Risk CommitteeThe Board of Grange Resources Limited announced the appointment of Mr. Fong Hoon as an independent non-executive Director, effective immediately. Mr. Hoon, a chartered accountant with a masters degree in business, has a strong background in commercial, financial and audit matters and has extensive Australian and South East Asian business network across a wide range of sectors. Mr. Hoon will also act as Chair of the Audit & Risk Committee.お知らせ • Mar 28Grange Resources Limited, Annual General Meeting, May 14, 2024Grange Resources Limited, Annual General Meeting, May 14, 2024. Agenda: To consider election of Directors.Board Change • Mar 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director AJ Saverimutto was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 05Upcoming dividend of AU$0.02 per shareEligible shareholders must have bought the stock before 12 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.4%).Declared Dividend • Mar 01Dividend of AU$0.02 announcedShareholders will receive a dividend of AU$0.02. Ex-date: 12th March 2024 Payment date: 28th March 2024 Dividend yield will be 7.7%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.13 (vs AU$0.15 in FY 2022)Full year 2023 results: EPS: AU$0.13 (down from AU$0.15 in FY 2022). Revenue: AU$614.7m (up 3.4% from FY 2022). Net income: AU$150.1m (down 13% from FY 2022). Profit margin: 24% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Dec 21Grange Resources Limited Appoints Tianxiao Shen as Non-Executive DirectorGrange Resources Limited announced the appointment of Ms Tianxiao Shen as a non-executive director to the Board, effective immediately. Ms Shen is currently the deputy general manager of Shagang International (Singapore) Pte Ltd, a subsidiary of Jiangsu Shagang Group, China's larger privately-owned steel conglomerate. Shen has extensive experience in raw material procurement and trade, company management, supply chain operation management, and investment planning. Ms Shen will fill the non-executive director vacancy left as the major shareholder (Jiangsu Shagang) nominee on the Board, following Ms Yan Jia's resignation as announced on 6 September 2023.お知らせ • Sep 08Grange Resources Limited Announces Resignation of Yan Jia as Non-Independent DirectorThe Board of Grange Resources Limited advised that Ms Yan Jia has notified the Company that she will resign from the Company, effective immediately, due to personal reasons. Ms Jia joined the Board of Grange in June 2014 and has served on the Remuneration & NominationCommittee. Ms Jia has also held the position of Deputy Chairperson. The Board wishes to thank Ms Jia for her valued contribution to the Company over the past 9 years and wishes her well in future endeavors.New Risk • Aug 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 37% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (21% net profit margin).Reported Earnings • Aug 27First half 2023 earnings released: EPS: AU$0.061 (vs AU$0.11 in 1H 2022)First half 2023 results: EPS: AU$0.061 (down from AU$0.11 in 1H 2022). Revenue: AU$278.4m (down 18% from 1H 2022). Net income: AU$70.4m (down 47% from 1H 2022). Profit margin: 25% (down from 39% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Aug 25+ 1 more updateGrange Resources Limited Omits to Pay Interim DividendThe Directors of Grange Resources Limited have resolved to not declare an interim dividend to conserve capital.New Risk • Aug 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Mar 03Upcoming dividend of AU$0.02 per share at 4.1% yieldEligible shareholders must have bought the stock before 10 March 2023. Payment date: 28 March 2023. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.0%).Reported Earnings • Feb 26Full year 2022 earnings released: EPS: AU$0.15 (vs AU$0.28 in FY 2021)Full year 2022 results: EPS: AU$0.15 (down from AU$0.28 in FY 2021). Revenue: AU$594.6m (down 24% from FY 2021). Net income: AU$171.7m (down 47% from FY 2021). Profit margin: 29% (down from 41% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 06Upcoming dividend of AU$0.02 per shareEligible shareholders must have bought the stock before 13 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 16%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (10%).Reported Earnings • Aug 31First half 2022 earnings released: EPS: AU$0.11 (vs AU$0.18 in 1H 2021)First half 2022 results: EPS: AU$0.11 (down from AU$0.18 in 1H 2021). Revenue: AU$341.1m (down 24% from 1H 2021). Net income: AU$132.2m (down 36% from 1H 2021). Profit margin: 39% (down from 46% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 30% share price gain to €1.03, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Metals and Mining industry in Germany. Total returns to shareholders of 906% over the past three years.Upcoming Dividend • Mar 04Upcoming dividend of AU$0.10 per shareEligible shareholders must have bought the stock before 11 March 2022. Payment date: 29 March 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (8.7%).Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: AU$0.28 (up from AU$0.18 in FY 2020). Revenue: AU$781.7m (up 49% from FY 2020). Net income: AU$322.3m (up 58% from FY 2020). Profit margin: 41% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Iron Production: 2.808 Mt (2.468 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Revenue exceeded analyst estimates by 1.4%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 06Upcoming dividend of AU$0.02 per shareEligible shareholders must have bought the stock before 13 September 2021. Payment date: 30 September 2021. Trailing yield: 7.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (5.2%).Reported Earnings • Aug 26First half 2021 earnings released: EPS AU$0.18 (vs AU$0.058 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$450.6m (up 86% from 1H 2020). Net income: AU$205.9m (up 207% from 1H 2020). Profit margin: 46% (up from 28% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 41% per year.Recent Insider Transactions • Jul 08CEO, MD & Executive Director recently bought €168k worth of stockOn the 2nd of July, Honglin Zhao bought around 440k shares on-market at roughly €0.38 per share. This was the largest purchase by an insider in the last 3 months. This was Honglin's only on-market trade for the last 12 months.Executive Departure • May 04Non Executive Director has left the companyOn the 30th of April, David Woodall's tenure as Non Executive Director ended after 2.2 years in the role. We don't have any record of a personal shareholding under David's name. A total of 2 executives have left over the last 12 months.Upcoming Dividend • Mar 05Upcoming Dividend of AU$0.02 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 12th of March. The trailing yield of 7.3% is in the top quartile of German dividend payers (3.4%), and it is higher than industry peers (4.5%).Reported Earnings • Feb 27Full year 2020 earnings released: EPS AU$0.18 (vs AU$0.067 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$526.3m (up 43% from FY 2019). Net income: AU$204.2m (up 163% from FY 2019). Profit margin: 39% (up from 21% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Feb 18New 90-day high: €0.26The company is up 81% from its price of €0.14 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 71% over the same period.Is New 90 Day High Low • Jan 23New 90-day high: €0.23The company is up 76% from its price of €0.13 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 54% over the same period.Is New 90 Day High Low • Jan 08New 90-day high: €0.22The company is up 59% from its price of €0.14 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 53% over the same period.収支内訳Grange Resources の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:GRR 収益、費用、利益 ( )AUD Millions日付収益収益G+A経費研究開発費31 Dec 254784711030 Sep 254864610030 Jun 254934610031 Mar 255075210031 Dec 24521599030 Sep 245468211030 Jun 2457010613031 Mar 2459312817031 Dec 2361515021030 Sep 2357313026030 Jun 2353211031031 Mar 2356314128031 Dec 2259517226030 Sep 2263321023030 Jun 2267224920031 Mar 2272728518031 Dec 2178232216030 Sep 2175833312030 Jun 217353437031 Mar 216312747031 Dec 205262047030 Sep 204931647030 Jun 204601236031 Mar 204141007031 Dec 19369787030 Sep 19349737030 Jun 19329677031 Mar 19349906031 Dec 183681136030 Sep 183531146030 Jun 183371145031 Mar 18293875031 Dec 17248614030 Sep 17247687030 Jun 17246749031 Mar 17261849031 Dec 162769310030 Sep 16248-368030 Jun 16219-1656031 Mar 16212-2216031 Dec 15206-2786030 Sep 15245-1536030 Jun 15284-2860質の高い収益: GRRは 高品質の収益 を持っています。利益率の向上: GRRの現在の純利益率 (9.8%)は、昨年(11.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: GRRの収益は過去 5 年間で年間35.7%減少しました。成長の加速: GRRは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: GRRは過去 1 年間で収益成長率がマイナス ( -20.4% ) となったため、 Metals and Mining業界平均 ( 22.8% ) と比較することが困難です。株主資本利益率高いROE: GRRの 自己資本利益率 ( 4.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 11:42終値2026/06/11 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Grange Resources Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Peter O'ConnorBofA Global ResearchClarke WilkinsCitigroup IncMark BusuttilJ.P. Morgan2 その他のアナリストを表示
Reported Earnings • Aug 26First half 2024 earnings released: EPS: AU$0.023 (vs AU$0.061 in 1H 2023)First half 2024 results: EPS: AU$0.023 (down from AU$0.061 in 1H 2023). Revenue: AU$234.0m (down 16% from 1H 2023). Net income: AU$26.5m (down 62% from 1H 2023). Profit margin: 11% (down from 25% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.13 (vs AU$0.15 in FY 2022)Full year 2023 results: EPS: AU$0.13 (down from AU$0.15 in FY 2022). Revenue: AU$614.7m (up 3.4% from FY 2022). Net income: AU$150.1m (down 13% from FY 2022). Profit margin: 24% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 27First half 2023 earnings released: EPS: AU$0.061 (vs AU$0.11 in 1H 2022)First half 2023 results: EPS: AU$0.061 (down from AU$0.11 in 1H 2022). Revenue: AU$278.4m (down 18% from 1H 2022). Net income: AU$70.4m (down 47% from 1H 2022). Profit margin: 25% (down from 39% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: AU$0.15 (vs AU$0.28 in FY 2021)Full year 2022 results: EPS: AU$0.15 (down from AU$0.28 in FY 2021). Revenue: AU$594.6m (down 24% from FY 2021). Net income: AU$171.7m (down 47% from FY 2021). Profit margin: 29% (down from 41% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 31First half 2022 earnings released: EPS: AU$0.11 (vs AU$0.18 in 1H 2021)First half 2022 results: EPS: AU$0.11 (down from AU$0.18 in 1H 2021). Revenue: AU$341.1m (down 24% from 1H 2021). Net income: AU$132.2m (down 36% from 1H 2021). Profit margin: 39% (down from 46% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: AU$0.28 (up from AU$0.18 in FY 2020). Revenue: AU$781.7m (up 49% from FY 2020). Net income: AU$322.3m (up 58% from FY 2020). Profit margin: 41% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Iron Production: 2.808 Mt (2.468 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Revenue exceeded analyst estimates by 1.4%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 24Grange Resources Limited, Annual General Meeting, May 13, 2026Grange Resources Limited, Annual General Meeting, May 13, 2026.
お知らせ • Jan 01Grange Resources Limited Announces Resignation of Alice Shen as Non-Executive Director, Effective December 30, 2025Grange Resources Limited advised that Ms. Alice Shen has resigned as a non-executive Director, effective immediately, due to ongoing work commitments. Ms. Shen was appointed in December 2023.
お知らせ • Apr 10Grange Resources Limited Announces Resignation of Chongtao Xu as Non-Executive Director, Effective April 10, 2025The Board of Grange Resources Limited advised that Mr. Chongtao Xu has resigned as a non-executive Director, effective immediately. Mr. Xu will continue in his senior executive role within the Company.
お知らせ • Mar 14Grange Resources Limited, Annual General Meeting, May 14, 2025Grange Resources Limited, Annual General Meeting, May 14, 2025.
お知らせ • Sep 25Grange Resources Limited Announces Appointment of Jiajia Jiang as Non-Independent Non-Executive DirectorThe Board of Grange Resources Limited announced the appointment of Mr. Jiajia Jiang as a non-executive Director, effective immediately. Mr. Jiang currently holds the position of Investment Management Director in Shagang Group Investment Holding Co Ltd, being responsible for venture capital investment and project post investment management. Prior to this appointment Mr. Jiang joined Shagang Group in 2013 as an Assistant Director of the Investment Department of Shagang Group. Mr. Jiang holds a Bachelor of Law degree majoring in Economic Law. Mr. Jiang joins the Board as a non-independent non-executive Director.
Reported Earnings • Aug 26First half 2024 earnings released: EPS: AU$0.023 (vs AU$0.061 in 1H 2023)First half 2024 results: EPS: AU$0.023 (down from AU$0.061 in 1H 2023). Revenue: AU$234.0m (down 16% from 1H 2023). Net income: AU$26.5m (down 62% from 1H 2023). Profit margin: 11% (down from 25% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 19Grange Resources Limited Appoints Fong Hoon as Independent Non-Executive Director and Chair of the Audit & Risk CommitteeThe Board of Grange Resources Limited announced the appointment of Mr. Fong Hoon as an independent non-executive Director, effective immediately. Mr. Hoon, a chartered accountant with a masters degree in business, has a strong background in commercial, financial and audit matters and has extensive Australian and South East Asian business network across a wide range of sectors. Mr. Hoon will also act as Chair of the Audit & Risk Committee.
お知らせ • Mar 28Grange Resources Limited, Annual General Meeting, May 14, 2024Grange Resources Limited, Annual General Meeting, May 14, 2024. Agenda: To consider election of Directors.
Board Change • Mar 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director AJ Saverimutto was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 05Upcoming dividend of AU$0.02 per shareEligible shareholders must have bought the stock before 12 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (4.4%).
Declared Dividend • Mar 01Dividend of AU$0.02 announcedShareholders will receive a dividend of AU$0.02. Ex-date: 12th March 2024 Payment date: 28th March 2024 Dividend yield will be 7.7%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: AU$0.13 (vs AU$0.15 in FY 2022)Full year 2023 results: EPS: AU$0.13 (down from AU$0.15 in FY 2022). Revenue: AU$614.7m (up 3.4% from FY 2022). Net income: AU$150.1m (down 13% from FY 2022). Profit margin: 24% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 21Grange Resources Limited Appoints Tianxiao Shen as Non-Executive DirectorGrange Resources Limited announced the appointment of Ms Tianxiao Shen as a non-executive director to the Board, effective immediately. Ms Shen is currently the deputy general manager of Shagang International (Singapore) Pte Ltd, a subsidiary of Jiangsu Shagang Group, China's larger privately-owned steel conglomerate. Shen has extensive experience in raw material procurement and trade, company management, supply chain operation management, and investment planning. Ms Shen will fill the non-executive director vacancy left as the major shareholder (Jiangsu Shagang) nominee on the Board, following Ms Yan Jia's resignation as announced on 6 September 2023.
お知らせ • Sep 08Grange Resources Limited Announces Resignation of Yan Jia as Non-Independent DirectorThe Board of Grange Resources Limited advised that Ms Yan Jia has notified the Company that she will resign from the Company, effective immediately, due to personal reasons. Ms Jia joined the Board of Grange in June 2014 and has served on the Remuneration & NominationCommittee. Ms Jia has also held the position of Deputy Chairperson. The Board wishes to thank Ms Jia for her valued contribution to the Company over the past 9 years and wishes her well in future endeavors.
New Risk • Aug 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 37% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (21% net profit margin).
Reported Earnings • Aug 27First half 2023 earnings released: EPS: AU$0.061 (vs AU$0.11 in 1H 2022)First half 2023 results: EPS: AU$0.061 (down from AU$0.11 in 1H 2022). Revenue: AU$278.4m (down 18% from 1H 2022). Net income: AU$70.4m (down 47% from 1H 2022). Profit margin: 25% (down from 39% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Aug 25+ 1 more updateGrange Resources Limited Omits to Pay Interim DividendThe Directors of Grange Resources Limited have resolved to not declare an interim dividend to conserve capital.
New Risk • Aug 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Mar 03Upcoming dividend of AU$0.02 per share at 4.1% yieldEligible shareholders must have bought the stock before 10 March 2023. Payment date: 28 March 2023. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.0%).
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: AU$0.15 (vs AU$0.28 in FY 2021)Full year 2022 results: EPS: AU$0.15 (down from AU$0.28 in FY 2021). Revenue: AU$594.6m (down 24% from FY 2021). Net income: AU$171.7m (down 47% from FY 2021). Profit margin: 29% (down from 41% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 06Upcoming dividend of AU$0.02 per shareEligible shareholders must have bought the stock before 13 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 16%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (10%).
Reported Earnings • Aug 31First half 2022 earnings released: EPS: AU$0.11 (vs AU$0.18 in 1H 2021)First half 2022 results: EPS: AU$0.11 (down from AU$0.18 in 1H 2021). Revenue: AU$341.1m (down 24% from 1H 2021). Net income: AU$132.2m (down 36% from 1H 2021). Profit margin: 39% (down from 46% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 30% share price gain to €1.03, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Metals and Mining industry in Germany. Total returns to shareholders of 906% over the past three years.
Upcoming Dividend • Mar 04Upcoming dividend of AU$0.10 per shareEligible shareholders must have bought the stock before 11 March 2022. Payment date: 29 March 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (8.7%).
Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: AU$0.28 (up from AU$0.18 in FY 2020). Revenue: AU$781.7m (up 49% from FY 2020). Net income: AU$322.3m (up 58% from FY 2020). Profit margin: 41% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Iron Production: 2.808 Mt (2.468 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Revenue exceeded analyst estimates by 1.4%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 06Upcoming dividend of AU$0.02 per shareEligible shareholders must have bought the stock before 13 September 2021. Payment date: 30 September 2021. Trailing yield: 7.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (5.2%).
Reported Earnings • Aug 26First half 2021 earnings released: EPS AU$0.18 (vs AU$0.058 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$450.6m (up 86% from 1H 2020). Net income: AU$205.9m (up 207% from 1H 2020). Profit margin: 46% (up from 28% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 41% per year.
Recent Insider Transactions • Jul 08CEO, MD & Executive Director recently bought €168k worth of stockOn the 2nd of July, Honglin Zhao bought around 440k shares on-market at roughly €0.38 per share. This was the largest purchase by an insider in the last 3 months. This was Honglin's only on-market trade for the last 12 months.
Executive Departure • May 04Non Executive Director has left the companyOn the 30th of April, David Woodall's tenure as Non Executive Director ended after 2.2 years in the role. We don't have any record of a personal shareholding under David's name. A total of 2 executives have left over the last 12 months.
Upcoming Dividend • Mar 05Upcoming Dividend of AU$0.02 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 12th of March. The trailing yield of 7.3% is in the top quartile of German dividend payers (3.4%), and it is higher than industry peers (4.5%).
Reported Earnings • Feb 27Full year 2020 earnings released: EPS AU$0.18 (vs AU$0.067 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$526.3m (up 43% from FY 2019). Net income: AU$204.2m (up 163% from FY 2019). Profit margin: 39% (up from 21% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Feb 18New 90-day high: €0.26The company is up 81% from its price of €0.14 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 71% over the same period.
Is New 90 Day High Low • Jan 23New 90-day high: €0.23The company is up 76% from its price of €0.13 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 54% over the same period.
Is New 90 Day High Low • Jan 08New 90-day high: €0.22The company is up 59% from its price of €0.14 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 53% over the same period.