0601.HK
Price:
$0.085
Market Cap:
$50.37M
Rare Earth Magnesium Technology Group Holdings Limited, an investment holding company, develops, manufactures, and sells magnesium alloy new material products in Mainland China and Europe. 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 Holdings Limited in July 2018. Rare Earth Magnesium Technology Group Holdings Limited was incorporated in 1992 and is based in Tsim Sha Tsui, Hong Kong. Rare Earth Magnesium Technology Group Holdings Limited is a subsidiary of Ming Xin Developments Limited.
Industry
Industrial Materials
IPO Date
1993-01-28
Stock Exchange
HKSE
Ticker
0601.HK
According to Rare Earth Magnesium Technology Group Holdings Limited’s latest financial reports and current stock price. The company's current PE Ratio is -0.11. This represents a change of -8.73% compared to the average of -0.12 of the last 4 quarters.
The mean historical PE Ratio of Rare Earth Magnesium Technology Group Holdings Limited over the last ten years is 318.93. The current -0.11 PE Ratio has changed -103.45% with respect to the historical average. Over the past ten years (40 quarters), 0601.HK's PE Ratio was at its highest in in the June 2015 quarter at 2.03K. The PE Ratio was at its lowest in in the June 2016 quarter at -27.44.
Average
318.93
Median
4.09
Minimum
-56.26
Maximum
3.08K
Discovering the peaks and valleys of Rare Earth Magnesium Technology Group Holdings Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 69.67%
Maximum Annual PE Ratio = 3.08K
Minimum Annual Increase = -42660.12%
Minimum Annual PE Ratio = -56.26
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -0.15 | 69.67% |
| 2023 | -0.09 | -100.06% |
| 2022 | 143.96 | -9218.11% |
| 2021 | -1.58 | -80.80% |
| 2020 | -8.22 | -171.17% |
| 2019 | 11.56 | 39.72% |
| 2018 | 8.27 | -30.70% |
| 2017 | 11.93 | -121.21% |
| 2016 | -56.26 | -101.83% |
| 2015 | 3.08K | -42660.12% |
The current PE Ratio of Rare Earth Magnesium Technology Group Holdings Limited (0601.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
47.91
5-year avg
26.78
10-year avg
318.93
Rare Earth Magnesium Technology Group Holdings Limited’s PE Ratio is greater than China Kingstone Mining Holdings Limited (-2.27), greater than Plateau Treasures Limited (-2.57), greater than Zhejiang Chang'an Renheng Technology Co., Ltd. (-11.13), greater than P.B. Group Limited (-4.43), less than China Huajun Group Limited (-0.05), less than Enviro Energy International Holdings Limited (3.72), less than China Health Technology Group Holding Company Limited (9.07), greater than Zhong Jia Guo Xin Holdings Company Limited (-0.27), greater than Great World Company Holdings Ltd (-4.03), less than Steed Oriental (Holdings) Company Limited (0.82),
| Company | PE Ratio | Market cap |
|---|---|---|
| -2.27 | $225.71M | |
| -2.57 | $62.88M | |
| -11.13 | $55.68M | |
| -4.43 | $34.53M | |
| -0.05 | $74.47M | |
| 3.72 | $61.89M | |
| 9.07 | $46.32M | |
| -0.27 | $25.65M | |
| -4.03 | $45.85M | |
| 0.82 | $29.92M |
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