Rare Earth Magnesium Technology Group Holdings Limited

SEHK:601 Stock Report

Market Cap: HK$88.3m

Rare Earth Magnesium Technology Group Holdings Past Earnings Performance

Past criteria checks 0/6

Rare Earth Magnesium Technology Group Holdings's earnings have been declining at an average annual rate of -53%, while the Metals and Mining industry saw earnings growing at 12.4% annually. Revenues have been declining at an average rate of 40.6% per year.

Key information

-53.0%

Earnings growth rate

-44.8%

EPS growth rate

Metals and Mining Industry Growth23.0%
Revenue growth rate-40.6%
Return on equity-78.3%
Net Margin-146.1%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenues Not Telling The Story For Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) After Shares Rise 38%

Oct 09
Revenues Not Telling The Story For Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) After Shares Rise 38%

Does Rare Earth Magnesium Technology Group Holdings (HKG:601) Have A Healthy Balance Sheet?

Oct 03
Does Rare Earth Magnesium Technology Group Holdings (HKG:601) Have A Healthy Balance Sheet?

Some Confidence Is Lacking In Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) As Shares Slide 29%

Aug 11
Some Confidence Is Lacking In Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) As Shares Slide 29%

Rare Earth Magnesium Technology Group Holdings Limited's (HKG:601) 41% Share Price Surge Not Quite Adding Up

Jun 05
Rare Earth Magnesium Technology Group Holdings Limited's (HKG:601) 41% Share Price Surge Not Quite Adding Up

Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Using Debt In A Risky Way?

May 29
Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Using Debt In A Risky Way?

Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Apr 07
Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely

Jan 22
Rare Earth Magnesium Technology Group Holdings Limited (HKG:601) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely

Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Weighed On By Its Debt Load?

Dec 06
Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Weighed On By Its Debt Load?

Health Check: How Prudently Does Rare Earth Magnesium Technology Group Holdings (HKG:601) Use Debt?

Sep 03
Health Check: How Prudently Does Rare Earth Magnesium Technology Group Holdings (HKG:601) Use Debt?

Rare Earth Magnesium Technology Group Holdings (HKG:601) Has Debt But No Earnings; Should You Worry?

Sep 29
Rare Earth Magnesium Technology Group Holdings (HKG:601) Has Debt But No Earnings; Should You Worry?

A Look At The Fair Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)

Jun 15
A Look At The Fair Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)

Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Using Debt In A Risky Way?

Apr 08
Is Rare Earth Magnesium Technology Group Holdings (HKG:601) Using Debt In A Risky Way?

Estimating The Fair Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)

May 04
Estimating The Fair Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)

Is Rare Earth Magnesium Technology Group Holdings (HKG:601) A Risky Investment?

Mar 30
Is Rare Earth Magnesium Technology Group Holdings (HKG:601) A Risky Investment?

Rare Earth Magnesium Technology Group Holdings' (HKG:601) Shareholders Are Down 76% On Their Shares

Feb 09
Rare Earth Magnesium Technology Group Holdings' (HKG:601) Shareholders Are Down 76% On Their Shares

Estimating The Intrinsic Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)

Jan 05
Estimating The Intrinsic Value Of Rare Earth Magnesium Technology Group Holdings Limited (HKG:601)

Rare Earth Magnesium Technology Group Holdings (HKG:601) Use Of Debt Could Be Considered Risky

Dec 01
Rare Earth Magnesium Technology Group Holdings (HKG:601) Use Of Debt Could Be Considered Risky

Revenue & Expenses Breakdown

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


Earnings and Revenue History

SEHK:601 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24267-390680
31 Mar 24265-407750
31 Dec 23263-424810
30 Sep 23256-2201190
30 Jun 23248-161560
31 Mar 23316-71950
31 Dec 2238412330
30 Sep 22428-1902290
30 Jun 22472-3812250
31 Mar 22444-3571910
31 Dec 21416-3321560
30 Sep 21488-2201400
30 Jun 21559-1081230
31 Mar 21652-911160
31 Dec 20745-741090
30 Sep 2095131090
30 Jun 201,157811090
31 Mar 201,3361451010
31 Dec 191,515210930
30 Jun 191,468229610
31 Mar 191,503223670
31 Dec 181,538218720
30 Jun 181,451186810
31 Mar 181,304174760
31 Dec 171,158162700
30 Sep 171,605238819
30 Jun 171,4742266210
31 Mar 171,2991827215
31 Dec 161,1231378220
31 Dec 1518607721
30 Sep 15197-798924
30 Jun 15210-939727
31 Mar 15224-10710631
31 Dec 14256-10111234
30 Sep 14288-9411937
30 Jun 14319-8711839
31 Mar 14349-8011741
31 Dec 13380-6912042

Quality Earnings: 601 is currently unprofitable.

Growing Profit Margin: 601 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 601 is unprofitable, and losses have increased over the past 5 years at a rate of 53% per year.

Accelerating Growth: Unable to compare 601's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 601 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.5%).


Return on Equity

High ROE: 601 has a negative Return on Equity (-78.32%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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