0601.HK
Price:
$0.086
Market Cap:
$50.96M
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 ROE is -269.95%. This represents a change of 231.30% compared to the average of -81.48% of the last 4 quarters.
The mean historical ROE of Rare Earth Magnesium Technology Group Holdings Limited over the last ten years is -31.89%. The current -269.95% ROE has changed 746.51% with respect to the historical average. Over the past ten years (40 quarters), 0601.HK's ROE was at its highest in in the December 2016 quarter at 33.32%. The ROE was at its lowest in in the December 2024 quarter at -211.48%.
Average
-31.89%
Median
-2.52%
Minimum
-262.67%
Maximum
22.48%
Discovering the peaks and valleys of Rare Earth Magnesium Technology Group Holdings Limited ROE, 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 = 447.61%
Maximum Annual ROE = 22.48%
Minimum Annual Increase = -54044.54%
Minimum Annual ROE = -262.67%
| Year | ROE | Change |
|---|---|---|
| 2024 | -262.67% | 280.08% |
| 2023 | -69.11% | -54044.54% |
| 2022 | 0.13% | -100.46% |
| 2021 | -27.91% | 447.61% |
| 2020 | -5.10% | -133.73% |
| 2019 | 15.11% | -32.78% |
| 2018 | 22.48% | 51.06% |
| 2017 | 14.88% | -319.94% |
| 2016 | -6.77% | -12540.90% |
| 2015 | 0.05% | -100.11% |
The current ROE of Rare Earth Magnesium Technology Group Holdings Limited (0601.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-110.55%
5-year avg
-72.93%
10-year avg
-31.89%
Rare Earth Magnesium Technology Group Holdings Limited’s ROE is greater than China Kingstone Mining Holdings Limited (-95.81%), greater than Plateau Treasures Limited (-55.14%), greater than Zhejiang Chang'an Renheng Technology Co., Ltd. (-3.87%), greater than P.B. Group Limited (-5.80%), less than China Huajun Group Limited (15.78%), less than Enviro Energy International Holdings Limited (120.55%), less than China Health Technology Group Holding Company Limited (18.87%), greater than Zhong Jia Guo Xin Holdings Company Limited (-38.72%), less than Great World Company Holdings Ltd (48.93%), greater than Steed Oriental (Holdings) Company Limited (-193.05%),
| Company | ROE | Market cap |
|---|---|---|
| -95.81% | $296.45M | |
| -55.14% | $62.88M | |
| -3.87% | $55.68M | |
| -5.80% | $34.53M | |
| 15.78% | $74.47M | |
| 120.55% | $61.89M | |
| 18.87% | $46.32M | |
| -38.72% | $27.42M | |
| 48.93% | $45.85M | |
| -193.05% | $29.92M |
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