China Rare Earth Holdings Past Earnings Performance

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China Rare Earth Holdings's earnings have been declining at an average annual rate of -63.5%, while the Metals and Mining industry saw earnings growing at 13.6% annually. Revenues have been declining at an average rate of 8.5% per year.

Key information

-63.5%

Earnings growth rate

-63.5%

EPS growth rate

Metals and Mining Industry Growth	29.2%
Revenue growth rate	-8.5%
Return on equity	-6.9%
Net Margin	-21.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How China Rare Earth Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:RAE Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	604	-131	43
31 Mar 24	645	-166	50
31 Dec 23	686	-201	56
30 Sep 23	736	-357	55
30 Jun 23	786	-514	54
31 Mar 23	798	-444	51
31 Dec 22	810	-373	49
30 Sep 22	942	-176	47
30 Jun 22	1,074	21	45
31 Mar 22	1,143	23	51
31 Dec 21	1,212	24	58
30 Sep 21	1,202	24	60
30 Jun 21	1,192	24	63
31 Mar 21	1,152	22	56
31 Dec 20	1,112	20	50
30 Sep 20	1,076	28	50
30 Jun 20	1,039	36	50
31 Mar 20	1,029	37	52
31 Dec 19	1,019	39	54
30 Sep 19	962	29	57
30 Jun 19	906	20	60
31 Mar 19	904	7	63
31 Dec 18	902	-5	65
30 Sep 18	865	-28	67
30 Jun 18	829	-52	70
31 Mar 18	733	-67	71
31 Dec 17	637	-83	72
30 Sep 17	664	-91	73
30 Jun 17	691	-100	74
31 Mar 17	700	-102	78
31 Dec 16	709	-104	83
30 Sep 16	686	-162	87
30 Jun 16	663	-221	91
31 Mar 16	753	-239	96
31 Dec 15	843	-257	101
30 Sep 15	951	-227	112
30 Jun 15	1,059	-198	122
31 Mar 15	1,121	-145	123
31 Dec 14	1,184	-93	124
30 Sep 14	1,247	-47	120
30 Jun 14	1,310	-1	115
31 Mar 14	1,399	-178	114
31 Dec 13	1,488	-355	113

Quality Earnings: RAE is currently unprofitable.

Growing Profit Margin: RAE is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RAE is unprofitable, and losses have increased over the past 5 years at a rate of 63.5% per year.

Accelerating Growth: Unable to compare RAE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RAE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.4%).

Return on Equity

High ROE: RAE has a negative Return on Equity (-6.95%), as it is currently unprofitable.

China Rare Earth Holdings Past Earnings Performance

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Key information

Recent past performance updates

First half 2024 earnings released: HK$0.026 loss per share (vs HK$0.055 loss in 1H 2023)

China Rare Earth Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024

Full year 2023 earnings released: HK$0.086 loss per share (vs HK$0.16 loss in FY 2022)

Full year 2023 earnings released: HK$0.086 loss per share (vs HK$0.16 loss in FY 2022)

China Rare Earth Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

First half 2023 earnings released: HK$0.055 loss per share (vs HK$0.005 profit in 1H 2022)

Recent updates

First half 2024 earnings released: HK$0.026 loss per share (vs HK$0.055 loss in 1H 2023)

China Rare Earth Holdings Limited Announces Executive Changes

China Rare Earth Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024

New minor risk - Market cap size

China Rare Earth Holdings Limited Announces Board Changes

Full year 2023 earnings released: HK$0.086 loss per share (vs HK$0.16 loss in FY 2022)

Full year 2023 earnings released: HK$0.086 loss per share (vs HK$0.16 loss in FY 2022)

China Rare Earth Holdings Limited, Annual General Meeting, Jun 21, 2024

China Rare Earth Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

New major risk - Share price stability

China Rare Earth Holdings Limited Announces the Demise of Mr. Dou Xuehong, Independent Non-Executive Director, the Chairman of the Remuneration Committee of the Company, A Member of the Audit Committee of the Company and the Nomination Committee of the Company

New minor risk - Market cap size

First half 2023 earnings released: HK$0.055 loss per share (vs HK$0.005 profit in 1H 2022)

China Rare Earth Holdings Limited Provides Unaudited Consolidated Guidance of the Company for the Six Months Ended 30 June 2023

China Rare Earth Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023

China Rare Earth Holdings Limited Announces Executive Changes, Effective August 1, 2023

Less than half of directors are independent

First half 2022 earnings released: EPS: HK$0.005 (vs HK$0.006 in 1H 2021)

China Rare Earth Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022

Less than half of directors are independent

China Rare Earth Holdings Limited, Annual General Meeting, Jun 16, 2022

Full year 2021 earnings released: EPS: HK$0.01 (vs HK$0.008 in FY 2020)

China Rare Earth Holdings Limited, Annual General Meeting, Jun 16, 2022

First half 2021 earnings released: EPS HK$0.006 (vs HK$0.005 in 1H 2020)

Full year 2020 earnings released: EPS HK$0.008 (vs HK$0.017 in FY 2019)

Full year 2020 earnings released: EPS HK$0.008 (vs HK$0.017 in FY 2019)

China Rare Earth Holdings Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

China Rare Earth Holdings Limited Announces Demise of Wang Guozhen, Independent Non-Executive Director, Chairman of the Audit Committee of the Board, Member of the Remuneration Committee of the Board, and Member of the Nomination Committee of the Board

First half earnings released

China Rare Earth Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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