Rare Earth Magnesium Technology Group logo

601 - Rare Earth Magnesium Technology Group Share Price

HK$0.077 0.0  0.0%

Last Trade - 8:57am

Sector
Basic Materials
Size
Small Cap
Market Cap £51.3m
Enterprise Value £136.9m
Revenue £117.2m
Position in Universe 3877th / 6004
Bullish
Bearish
Unlock 601 Revenue
Momentum
Relative Strength (%)
1m -14.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -77.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
223.9 139.5 1,123 1,158 1,538 1,515 1,640 1,867 +46.6%
+17.6 +8.8 +11.5 -5.72 +36.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Rare Earth Magnesium Techn Grp Hldgs Ltd revenues decreased 49% to HK$368.2M. Net loss totaled HK$12.4M vs. income of HK$116.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Administrative expenses increase from HK$16.2M to HK$32.6M (expense), Finance costs increase of 22% to HK$45.8M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

601 Revenue Unlock 601 Revenue

Net Income

601 Net Income Unlock 601 Revenue

Normalised EPS

601 Normalised EPS Unlock 601 Revenue

PE Ratio Range

601 PE Ratio Range Unlock 601 Revenue

Dividend Yield Range

601 Dividend Yield Range Unlock 601 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
601 EPS Forecasts Unlock 601 Revenue
Profile Summary

Rare Earth Magnesium Technology Group Holdings Limited, formerly Group Sense (International) Limited, is an investment holding company engaged in strategic products businesses. The Company operates through four segments. The Magnesium Products segment is engaged in the manufacture and sales of magnesium-related products. Its products include magnesium ingots, semi-coke and ferroalloy. The Personal Communication Products segment is engaged in the design, manufacture and sales of communications products. The Strategic Products segment is engaged in the design, manufacture and sales of original design manufacturer (ODM) products and electronic dictionary products, as well as the provision of electronic manufacture services. The Corporate and Others segment is engaged in income, expenses, assets and liability items businesses related to the Company’s investment activities.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated November 17, 1992
Public Since January 28, 1993
No. of Shareholders: n/a
No. of Employees: 636
Sector Basic Materials
Industry Metals & Mining
Index
Exchange Stock Exchange of Hong Kong Limited
Shares in Issue 6,584,390,058
Free Float (0.0%)
Eligible for
ISAs
SIPPs
601 Share Price Performance
Share Price
Bid - Ask
Low - High
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Latest News for 601
Upcoming Events for 601
Frequently Asked Questions for Rare Earth Magnesium Technology Group
What is the Rare Earth Magnesium Technology Group share price?

As of 8:57am, shares in Rare Earth Magnesium Technology Group are trading at HK$0.077, giving the company a market capitalisation of £51.3m. This share price information is delayed by 15 minutes.

How has the Rare Earth Magnesium Technology Group share price performed this year?

Shares in Rare Earth Magnesium Technology Group are currently trading at HK$0.077 and the price has moved by -73.9% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Rare Earth Magnesium Technology Group price has moved by -73.45% over the past year.

What are the analyst and broker recommendations for Rare Earth Magnesium Technology Group?

Of the analysts with advisory recommendations for Rare Earth Magnesium Technology Group, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Rare Earth Magnesium Technology Group is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Rare Earth Magnesium Technology Group next release its financial results?

Rare Earth Magnesium Technology Group is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Rare Earth Magnesium Technology Group dividend yield?

Rare Earth Magnesium Technology Group does not currently pay a dividend.

Does Rare Earth Magnesium Technology Group pay a dividend?

Rare Earth Magnesium Technology Group does not currently pay a dividend.

When does Rare Earth Magnesium Technology Group next pay dividends?

Rare Earth Magnesium Technology Group does not currently pay a dividend.

How do I buy Rare Earth Magnesium Technology Group shares?

To buy shares in Rare Earth Magnesium Technology Group you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Rare Earth Magnesium Technology Group?

Shares in Rare Earth Magnesium Technology Group are currently trading at HK$0.077, giving the company a market capitalisation of £51.3m.

Where are Rare Earth Magnesium Technology Group shares listed? Where are Rare Earth Magnesium Technology Group shares listed?

Here are the trading details for Rare Earth Magnesium Technology Group:

Country of listing: Hong Kong
Exchange: HKG
Ticker Symbol: 601
What kind of share is Rare Earth Magnesium Technology Group?

Based on an overall assessment of its quality, value and momentum, Rare Earth Magnesium Technology Group is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Rare Earth Magnesium Technology Group share price forecast 2020?

Shares in Rare Earth Magnesium Technology Group are currently priced at HK$0.077. At that level they are trading at 0.355% discount to the analyst consensus target price of 0.00.

Analysts covering Rare Earth Magnesium Technology Group currently have a consensus Earnings Per Share (EPS) forecast of 0.03 for the next financial year.

How can I tell whether the Rare Earth Magnesium Technology Group share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Rare Earth Magnesium Technology Group. Over the past six months, the relative strength of its shares against the market has been -68.86%. At the current price of HK$0.077, shares in Rare Earth Magnesium Technology Group are trading at -60.13% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Rare Earth Magnesium Technology Group PE Ratio?

The Rare Earth Magnesium Technology Group PE ratio based on its reported earnings over the past 12 months is 6.25. The shares are currently trading at HK$0.077.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Rare Earth Magnesium Technology Group?

Rare Earth Magnesium Technology Group's management team is headed by:

Chi Hung Li - OTH
Yat Man Lo - GMG
Sai Chit Shum - CHM
Jian Meng - NED
Ping Man Kwong - NID
Sound Poon Cheung - NID
Kwok Man Fan - SEC
Ngai Kit Kwan - NID
Jing Chao Chi - EDR
Who are the major shareholders of Rare Earth Magnesium Technology Group?

Here are the top five shareholders of Rare Earth Magnesium Technology Group based on the size of their shareholding:

Century Sunshine Group Holdings Ltd Corporation
Percentage owned: 72.31% (4.76bn shares)
Earnmill Holdings Limited Corporation
Percentage owned: 1.15% (75.8m shares)
Tam (Wai Ho Samson) Individual Investor
Percentage owned: 0.96% (63.5m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 0.27% (18.1m shares)
DFA Asia Pacific Small Company Series Mutual Fund
Percentage owned: 0.2% (12.9m shares)
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