Executive Summary
China Rare Earth Holdings Limited, together with its subsidiaries, engages in manufacturing and selling rare earth products and refractory products in the People’s Republic of China, Japan, Europe, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with questionable track record.
Share Price & News
How has China Rare Earth Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 769's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.2%
769
7.6%
HK Metals and Mining
1.2%
HK Market
1 Year Return
-1.9%
769
9.7%
HK Metals and Mining
5.4%
HK Market
Return vs Industry: 769 underperformed the Hong Kong Metals and Mining industry which returned 9.7% over the past year.
Return vs Market: 769 underperformed the Hong Kong Market which returned 5.4% over the past year.
Shareholder returns
| 769 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.2% | 7.6% | 1.2% |
| 30 Day | 32.5% | 8.5% | -2.7% |
| 90 Day | 64.5% | 30.2% | 6.9% |
| 1 Year | -1.9%-1.9% | 12.5%9.7% | 9.7%5.4% |
| 3 Year | -12.1%-12.1% | -15.5%-20.9% | 3.5%-7.6% |
| 5 Year | -37.0%-37.0% | 22.0%8.8% | 12.0%-6.8% |
Price Volatility Vs. Market
How volatile is China Rare Earth Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
A Look At China Rare Earth Holdings' (HKG:769) Share Price Returns2 months ago | Simply Wall St
Here's Why We Don't Think China Rare Earth Holdings's (HKG:769) Statutory Earnings Reflect Its Underlying Earnings Potential3 months ago | Simply Wall St
China Rare Earth Holdings Limited (HKG:769) Might Not Be A Great InvestmentValuation
Is China Rare Earth Holdings undervalued compared to its fair value and its price relative to the market?
30.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 769's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 769's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 769 is poor value based on its PE Ratio (30.7x) compared to the HK Metals and Mining industry average (10.3x).
PE vs Market: 769 is poor value based on its PE Ratio (30.7x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 769's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 769 is good value based on its PB Ratio (0.5x) compared to the HK Metals and Mining industry average (0.6x).
Next Steps
Future Growth
How is China Rare Earth Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.7%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Rare Earth Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine China Rare Earth Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- China Rare Earth Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has China Rare Earth Holdings performed over the past 5 years?
47.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 769 has a high level of non-cash earnings.
Growing Profit Margin: 769 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 769 has become profitable over the past 5 years, growing earnings by 47.3% per year.
Accelerating Growth: 769 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 769 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.6%).
Return on Equity
High ROE: 769's Return on Equity (1.5%) is considered low.
Next Steps
Financial Health
How is China Rare Earth Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 769's short term assets (HK$2.5B) exceed its short term liabilities (HK$127.1M).
Long Term Liabilities: 769's short term assets (HK$2.5B) exceed its long term liabilities (HK$3.3M).
Debt to Equity History and Analysis
Debt Level: 769 is debt free.
Reducing Debt: 769 has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
Debt Coverage: 769 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 769 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is China Rare Earth Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 769's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 769's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 769's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 769's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 769 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 769's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.6yrs
Average management tenure
CEO
Jiang DW Jiang (36 yo)
2.92yrs
Tenure
HK$201,000
Compensation
Mr. Jiang Dawei, also known as Jiang DW has been Chief Executive Officer and Executive Director of China Rare Earth Holdings Limited since September 7, 2017. Mr. Jiang joined China Rare Earth Group as an o ...
CEO Compensation Analysis
Compensation vs Market: Jiang DW's total compensation ($USD25.93K) is below average for companies of similar size in the Hong Kong market ($USD275.99K).
Compensation vs Earnings: Jiang DW's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman | 2.92yrs | HK$1.10m | no data | |
| CEO & Executive Director | 2.92yrs | HK$201.00k | 0.023% HK$ 270.4k | |
| Co-Founder & Executive Director | no data | HK$1.43m | no data | |
| Deputy GM & Executive Director | 15yrs | HK$304.00k | no data | |
| Financial Controller & Company Secretary | 21.58yrs | no data | no data | |
| General Manager | 8.58yrs | no data | no data |
8.6yrs
Average Tenure
55yo
Average Age
Experienced Management: 769's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Chairman | 2.92yrs | HK$1.10m | no data | |
| CEO & Executive Director | 2.92yrs | HK$201.00k | 0.023% HK$ 270.4k | |
| Co-Founder & Executive Director | no data | HK$1.43m | no data | |
| Deputy GM & Executive Director | 15yrs | HK$304.00k | no data | |
| Independent Non-Executive Director | 19.58yrs | HK$72.00k | no data | |
| Independent Non-Executive Director | 15.92yrs | HK$41.00k | no data | |
| Independent Non-Executive Director | 8yrs | HK$68.00k | no data |
11.5yrs
Average Tenure
61yo
Average Age
Experienced Board: 769's board of directors are seasoned and experienced ( 11.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China Rare Earth Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Rare Earth Holdings Limited
- Ticker: 769
- Exchange: SEHK
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: HK$1.194b
- Shares outstanding: 2.34b
- Website: https://www.creh.com.hk
Number of Employees
Location
- China Rare Earth Holdings Limited
- Dingshu Town
- Yixing
- Jiangsu Province
- 214226
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CREQ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 1999 |
| 769 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Nov 1999 |
| RAE | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 1999 |
Biography
China Rare Earth Holdings Limited, together with its subsidiaries, engages in manufacturing and selling rare earth products and refractory products in the People’s Republic of China, Japan, Europe, and int ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/10 12:48 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.