Rare Earth Magnesium Technology Group Holdings Limited
Rare Earth Magnesium Technology Group Holdings Limited, an investment holding company, develops, manufactures, sells, and trades magnesium alloy new material products in Mainland China and Hong Kong. It also operates a dolomite mine in Baishan City, Jilin Province. The company was formerly known as Group Sense (International) Limited and changed its name to Rare Earth Magnesium Technology Group H… Read more
Rare Earth Magnesium Technology Group Holdings Limited (GPS) - Net Assets
Latest net assets as of June 2025: €136.50 Million EUR
Based on the latest financial reports, Rare Earth Magnesium Technology Group Holdings Limited (GPS) has net assets worth €136.50 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.03 Billion) and total liabilities (€895.62 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €136.50 Million |
| % of Total Assets | 13.23% |
| Annual Growth Rate | -4.12% |
| 5-Year Change | -89.29% |
| 10-Year Change | -68.04% |
| Growth Volatility | 67.57 |
Rare Earth Magnesium Technology Group Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Rare Earth Magnesium Technology Group Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rare Earth Magnesium Technology Group Holdings Limited (2013–2024)
The table below shows the annual net assets of Rare Earth Magnesium Technology Group Holdings Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €155.49 Million | -74.63% |
| 2023-12-31 | €612.96 Million | -44.07% |
| 2022-12-31 | €1.10 Billion | -7.82% |
| 2021-12-31 | €1.19 Billion | -18.11% |
| 2020-12-31 | €1.45 Billion | +4.61% |
| 2019-12-31 | €1.39 Billion | +9.18% |
| 2018-12-31 | €1.27 Billion | +13.17% |
| 2017-12-31 | €1.12 Billion | +162.16% |
| 2016-12-31 | €428.45 Million | -11.93% |
| 2015-12-31 | €486.50 Million | +131.95% |
| 2014-12-31 | €209.74 Million | -15.06% |
| 2013-12-31 | €246.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rare Earth Magnesium Technology Group 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 16020700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | €-3.51 Billion | 100.00% |
Rare Earth Magnesium Technology Group Holdings Limited Competitors by Market Cap
The table below lists competitors of Rare Earth Magnesium Technology Group Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
True North Gems Inc
PINK:TNGMF
|
$1.54 Million |
|
Union Pioneer Public Company Limited
BK:UPF
|
$1.54 Million |
|
Walker Lane Resources Ltd.
V:WLR
|
$1.55 Million |
|
St. James Gold Corp
OTCQB:LRDJF
|
$1.55 Million |
|
Encision Inc
PINK:ECIA
|
$1.54 Million |
|
Northern Lights Resources Corp
PINK:NLRCF
|
$1.54 Million |
|
Shaniv
TA:SHAN
|
$1.54 Million |
|
Electroarges S
RO:ELGS
|
$1.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rare Earth Magnesium Technology Group Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 612,961,000 to -3,506,596,000, a change of -4,119,557,000 (-672.1%).
- Net loss of 408,419,000 reduced equity.
- Other factors decreased equity by 3,711,138,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-408.42 Million | -11.65% |
| Other Changes | €-3.71 Billion | -105.83% |
| Total Change | €- | -672.07% |
Book Value vs Market Value Analysis
This analysis compares Rare Earth Magnesium Technology Group 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.17 | €0.01 | x |
| 2018-12-31 | €0.19 | €0.01 | x |
| 2019-12-31 | €0.21 | €0.01 | x |
| 2020-12-31 | €0.22 | €0.01 | x |
| 2021-12-31 | €3.61 | €0.01 | x |
| 2022-12-31 | €2.77 | €0.01 | x |
| 2023-12-31 | €1.03 | €0.01 | x |
| 2024-12-31 | €-5.92 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rare Earth Magnesium Technology Group 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -168.28%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-11.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -32.10% | -23.01% | 1.00x | 1.40x | €-105.46 Million |
| 2014 | -49.68% | -47.99% | 0.66x | 1.57x | €-129.09 Million |
| 2015 | 0.07% | 0.19% | 0.22x | 1.73x | €-48.92 Million |
| 2016 | -6.77% | -8.11% | 0.53x | 1.58x | €-73.06 Million |
| 2017 | 14.88% | 11.32% | 0.58x | 2.26x | €55.21 Million |
| 2018 | 22.48% | 18.58% | 0.65x | 1.87x | €158.65 Million |
| 2019 | 15.11% | 13.84% | 0.59x | 1.84x | €70.94 Million |
| 2020 | -5.10% | -9.94% | 0.29x | 1.76x | €-219.20 Million |
| 2021 | -27.91% | -79.77% | 0.18x | 1.99x | €-450.78 Million |
| 2022 | 0.13% | 0.37% | 0.20x | 1.71x | €-108.19 Million |
| 2023 | -69.11% | -160.76% | 0.18x | 2.35x | €-484.90 Million |
| 2024 | 0.00% | -168.28% | 0.24x | 0.00x | €-57.76 Million |
Industry Comparison
This section compares Rare Earth Magnesium Technology Group 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: $502,667,915
- Average return on equity (ROE) among peers: -338.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rare Earth Magnesium Technology Group Holdings Limited (GPS) | €136.50 Million | -32.10% | 6.56x | $1.54 Million |
| 14S0 (14S0) | $2.71 Million | -209.91% | 0.28x | $2.68 Million |
| 23B (23B) | $5.94 Million | -17.66% | 0.30x | $2.00 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.46 Million |
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | $4.95 Billion | 10.42% | 0.49x | $175.41 Million |
| Agrimin Limited (3CL) | $46.44 Million | -2.95% | 0.06x | $11.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.68 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $6.76 Million | -80.67% | 0.09x | $93.18 Million |
| Arkle Resources PLC (48O) | $3.26 Million | -9.62% | 0.07x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $14.13 Million | -50.76% | 0.18x | $87.09K |