SEHK:769

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China Rare Earth Holdings

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.


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

769IndustryMarket
7 Day5.2%7.6%1.2%
30 Day32.5%8.5%-2.7%
90 Day64.5%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Yuanying Qian
Co-Founder & Chairman2.92yrsHK$1.10mno data
Dawei Jiang
CEO & Executive Director2.92yrsHK$201.00k0.023%
HK$ 270.4k
Quanlong Jiang
Co-Founder & Executive Directorno dataHK$1.43mno data
Cainan Jiang
Deputy GM & Executive Director15yrsHK$304.00kno data
Lap Law
Financial Controller & Company Secretary21.58yrsno datano data
Xin Jiang
General Manager8.58yrsno datano 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

NamePositionTenureCompensationOwnership
Yuanying Qian
Co-Founder & Chairman2.92yrsHK$1.10mno data
Dawei Jiang
CEO & Executive Director2.92yrsHK$201.00k0.023%
HK$ 270.4k
Quanlong Jiang
Co-Founder & Executive Directorno dataHK$1.43mno data
Cainan Jiang
Deputy GM & Executive Director15yrsHK$304.00kno data
Chunhua Huang
Independent Non-Executive Director19.58yrsHK$72.00kno data
Zhong Jin
Independent Non-Executive Director15.92yrsHK$41.00kno data
Guozhen Wang
Independent Non-Executive Director8yrsHK$68.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CREQ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1999
769SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 1999
RAEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 12:48
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.