China Rare Earth Holdings Limited (RAE) - Net Assets
Based on the latest financial reports, China Rare Earth Holdings Limited (RAE) has net assets worth €1.90 Billion EUR (≈ $2.22 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.00 Billion ≈ $2.34 Billion USD) and total liabilities (€107.22 Million ≈ $125.35 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read China Rare Earth Holdings Limited total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.90 Billion |
| % of Total Assets | 94.65% |
| Annual Growth Rate | -4.58% |
| 5-Year Change | -31.93% |
| 10-Year Change | -35.46% |
| Growth Volatility | 7.61 |
China Rare Earth Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how China Rare Earth Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore RAE current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for China Rare Earth Holdings Limited (2013–2024)
The table below shows the annual net assets of China Rare Earth Holdings Limited from 2013 to 2024. For live valuation and market cap data, see China Rare Earth Holdings Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.90 Billion ≈ $2.22 Billion |
-7.28% |
| 2023-12-31 | €2.04 Billion ≈ $2.39 Billion |
-10.20% |
| 2022-12-31 | €2.28 Billion ≈ $2.66 Billion |
-21.24% |
| 2021-12-31 | €2.89 Billion ≈ $3.38 Billion |
+3.80% |
| 2020-12-31 | €2.78 Billion ≈ $3.26 Billion |
+7.03% |
| 2019-12-31 | €2.60 Billion ≈ $3.04 Billion |
-0.65% |
| 2018-12-31 | €2.62 Billion ≈ $3.06 Billion |
-4.91% |
| 2017-12-31 | €2.75 Billion ≈ $3.22 Billion |
+3.72% |
| 2016-12-31 | €2.66 Billion ≈ $3.10 Billion |
-9.59% |
| 2015-12-31 | €2.94 Billion ≈ $3.43 Billion |
-2.04% |
| 2014-12-31 | €3.00 Billion ≈ $3.50 Billion |
-5.60% |
| 2013-12-31 | €3.18 Billion ≈ $3.71 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Rare Earth Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 263.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.76 Billion | 143.91% |
| Total Equity | €1.92 Billion | 100.00% |
China Rare Earth Holdings Limited Competitors by Market Cap
The table below lists competitors of China Rare Earth Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bursa Cimento Fabrikasi AS
IS:BUCIM
|
$205.94 Million |
|
Mkango Resources Ltd
V:MKA
|
$205.95 Million |
|
029 GROUP SE INH O.N.
XETRA:Z29
|
$206.00 Million |
|
Bakkt Holdings Inc
NYSE:BKKT
|
$206.01 Million |
|
KlaraBo Sverige AB Series B
ST:KLARA-B
|
$205.91 Million |
|
Hinduja Global Solutions Limited
NSE:HGS
|
$205.87 Million |
|
HomeChoice Investments Ltd
JSE:HIL
|
$205.79 Million |
|
Maxim Power Corp.
TO:MXG
|
$205.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Rare Earth Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,064,374,000 to 1,917,361,000, a change of -147,013,000 (-7.1%).
- Net loss of 104,924,000 reduced equity.
- Other factors decreased equity by 42,089,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-104.92 Million | -5.47% |
| Other Changes | €-42.09 Million | -2.2% |
| Total Change | €- | -7.12% |
Book Value vs Market Value Analysis
This analysis compares China Rare Earth Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.09x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.17 | €0.07 | x |
| 2018-12-31 | €1.12 | €0.07 | x |
| 2019-12-31 | €1.11 | €0.07 | x |
| 2020-12-31 | €1.19 | €0.07 | x |
| 2021-12-31 | €1.23 | €0.07 | x |
| 2022-12-31 | €0.98 | €0.07 | x |
| 2023-12-31 | €0.88 | €0.07 | x |
| 2024-12-31 | €0.82 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Rare Earth Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.87%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.04x
- Recent ROE (-5.47%) is below the historical average (-4.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -11.30% | -23.83% | 0.45x | 1.06x | €-668.54 Million |
| 2014 | -3.13% | -7.85% | 0.37x | 1.07x | €-390.14 Million |
| 2015 | -8.78% | -30.44% | 0.26x | 1.09x | €-548.93 Million |
| 2016 | -3.94% | -14.70% | 0.24x | 1.10x | €-368.81 Million |
| 2017 | -3.02% | -13.00% | 0.22x | 1.06x | €-357.42 Million |
| 2018 | -0.21% | -0.60% | 0.33x | 1.06x | €-266.73 Million |
| 2019 | 1.50% | 3.82% | 0.37x | 1.05x | €-220.66 Million |
| 2020 | 0.71% | 1.77% | 0.38x | 1.06x | €-258.00 Million |
| 2021 | 0.84% | 2.00% | 0.40x | 1.06x | €-263.86 Million |
| 2022 | -16.32% | -46.06% | 0.34x | 1.05x | €-602.08 Million |
| 2023 | -9.71% | -29.23% | 0.32x | 1.04x | €-406.98 Million |
| 2024 | -5.47% | -13.87% | 0.38x | 1.04x | €-296.66 Million |
Industry Comparison
This section compares China Rare Earth Holdings Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $11,918,307
- Average return on equity (ROE) among peers: -92.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Rare Earth Holdings Limited (RAE) | €1.90 Billion | -11.30% | 0.06x | $205.94 Million |
| Scandium International Mining Corp (0E6) | $901.89K | -328.32% | 0.16x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $2.57 Million | -281.87% | 0.47x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.41 Million | -62.75% | 0.22x | $211.57K |
| Benz Mining Corp (1VU) | $1.23 Million | -52.21% | 0.03x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $938.41K | -109.89% | 0.05x | $6.64 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.46 Million | -17.32% | 0.25x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $-2.39K | 0.00% | 0.00x | $2.27 Million |
| CDN Maverick Capital Corp. (338B) | $1.88 Million | -29.31% | 0.05x | $2.48 Million |
| Adriatic Metals Plc (3FN) | $107.90 Million | -43.69% | 0.62x | $1.23 Billion |
About China Rare Earth Holdings Limited
China Rare Earth Holdings Limited, an investment holding company, engages in manufacturing and selling rare earth products and refractory products in the People's Republic of China, Japan, Europe, and internationally. The company provides fluorescent materials, polishing agents, and high temperature ceramics. It also offers rare earth products for use in electronic devices, computers, electronic … Read more