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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
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 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: 769's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
Market Performance
7 Day Return
-2.2%
769
-6.8%
HK Metals and Mining
-1.9%
HK Market
1 Year Return
184.4%
769
146.0%
HK Metals and Mining
24.4%
HK Market
Return vs Industry: 769 exceeded the Hong Kong Metals and Mining industry which returned 145.9% over the past year.
Return vs Market: 769 exceeded the Hong Kong Market which returned 24.4% over the past year.
Shareholder returns
| 769 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | -6.8% | -1.9% |
| 30 Day | 7.1% | 6.9% | -2.4% |
| 90 Day | 18.2% | 17.4% | -8.0% |
| 1 Year | 184.4%184.4% | 152.6%146.0% | 29.1%24.4% |
| 3 Year | 91.6%91.6% | 43.9%32.2% | 0.5%-10.0% |
| 5 Year | 59.6%59.6% | 170.2%141.1% | 58.6%31.8% |
Long-Term 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
1 week ago | Simply Wall St
Did Business Growth Power China Rare Earth Holdings' (HKG:769) Share Price Gain of 182%?2 months ago | Simply Wall St
Has China Rare Earth Holdings Limited's (HKG:769) Impressive Stock Performance Got Anything to Do With Its Fundamentals?4 months ago | Simply Wall St
We're Not So Sure You Should Rely on China Rare Earth Holdings's (HKG:769) Statutory EarningsValuation
Is China Rare Earth Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 769 (HK$0.91) is trading below our estimate of fair value (HK$2.05)
Significantly Below Fair Value: 769 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 769 is poor value based on its PE Ratio (108.1x) compared to the Hong Kong Metals and Mining industry average (10.4x).
PE vs Market: 769 is poor value based on its PE Ratio (108.1x) compared to the Hong Kong market (11.7x).
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's PB Ratio (0.8x) is in line with the HK Metals and Mining industry average.
Future Growth
How is China Rare Earth Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.1%
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.
Past Performance
How has China Rare Earth Holdings performed over the past 5 years?
70.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 769 has high quality earnings.
Growing Profit Margin: 769's current net profit margins (1.8%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 769 has become profitable over the past 5 years, growing earnings by 70.1% per year.
Accelerating Growth: 769's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 769 had negative earnings growth (-49.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (45.6%).
Return on Equity
High ROE: 769's Return on Equity (0.7%) is considered low.
Financial Health
How is China Rare Earth Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 769's short term assets (HK$2.7B) exceed its short term liabilities (HK$145.8M).
Long Term Liabilities: 769's short term assets (HK$2.7B) exceed its long term liabilities (HK$2.1M).
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 0.04%.
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
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?
9.3yrs
Average management tenure
CEO
Jiang DW Jiang (36 yo)
3.67yrs
Tenure
HK$200,000
Compensation
Mr. Jiang Dawei, also known as Jiang DW has been Chief Executive Officer and Executive Director of China Rare Earth Holdings Limited since September 7, 2017. Mr. Jiang joined China Rare Earth Group as an o...
CEO Compensation Analysis
Compensation vs Market: Jiang DW's total compensation ($USD25.75K) is below average for companies of similar size in the Hong Kong market ($USD291.94K).
Compensation vs Earnings: Jiang DW's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 769's management team is seasoned and experienced (9.3 years average tenure).
Board Members
Experienced Board: 769's board of directors are considered experienced (9.7 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$2.131b
- 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
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 | 2021/05/15 10:28 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.