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Rare Earth Magnesium Technology Group Holdings Limited logo

Rare Earth Magnesium Technology Group Holdings Limited

0601.HK

HKSEBasic MaterialsIndustrial Materials

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Latest quote

HK$0.067

+HK$0.005 · +8.06%

Aug 24, 10:49 AM HKT

0601.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Rare Earth Magnesium Technology Group Holdings Limited, an investment holding company, manufactures, trades, and sells magnesium products in Mainland China. 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.

Industry
Industrial Materials
Sector
Basic Materials
Headquarters
HK
CEO
Sai Chit Shum
Listed since
Jan 27, 1993
Employees
344

Market position

Day range

Current HK$0.067

52-week range

Current HK$0.067

Open
HK$0.071
Previous close
HK$0.062
Volume
9.27M
18.08× average
Average volume
512.7K
Average daily volume
Market cap
39.7M HKD
Beta
0.01
Market reference 1
50-day average
HK$0.064
+4.69% above average
200-day average
HK$0.064
+4.69% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
806.35M HKD
P/E (TTM)
-0.12×
P/B (TTM)
-0.45×
P/S (TTM)
0.2×
EV / EBITDA
-9.81×
Earnings yield
-675.77%
Free cash flow yield
-26.40%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-25.94%
Operating margin
-80.47%
Net margin
-163.61%
Return on equity
365.65%
Return on assets
-37.58%
Return on invested capital
-20.40%

Financial health

Debt / equity
-8.8×
Current ratio
1.27×
Altman Z-score
-4.15
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%-39%-113%-187%Gross margin, FY2021: 16.53%Gross margin, FY2022: 12.14%Gross margin, FY2023: -32.37%Gross margin, FY2024: -21.17%Gross margin, FY2025: -28.19%Operating margin, FY2021: -21.48%Operating margin, FY2022: -49.78%Operating margin, FY2023: -63.24%Operating margin, FY2024: -44.73%Operating margin, FY2025: -78.68%Net margin, FY2021: -79.77%Net margin, FY2022: 0.37%Net margin, FY2023: -160.76%Net margin, FY2024: -168.28%Net margin, FY2025: -163.61%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.53%. Gross margin FY2022 12.14%. Gross margin FY2023 -32.37%. Gross margin FY2024 -21.17%. Gross margin FY2025 -28.19%. Operating margin FY2021 -21.48%. Operating margin FY2022 -49.78%. Operating margin FY2023 -63.24%. Operating margin FY2024 -44.73%. Operating margin FY2025 -78.68%. Net margin FY2021 -79.77%. Net margin FY2022 0.37%. Net margin FY2023 -160.76%. Net margin FY2024 -168.28%. Net margin FY2025 -163.61%.

Income trends

Revenue

195.82M HKD-19.32%

Operating income

−154.08M HKD-41.92%

Net income

−320.37M HKD+21.56%
Income trends across reported periods500.03M HKD164.16M HKD−171.7M HKD−507.57M HKDRevenue, FY2021: 416.06M HKDRevenue, FY2022: 383.9M HKDRevenue, FY2023: 263.49M HKDRevenue, FY2024: 242.7M HKDRevenue, FY2025: 195.82M HKDOperating income, FY2021: −89.37M HKDOperating income, FY2022: −191.1M HKDOperating income, FY2023: −166.63M HKDOperating income, FY2024: −108.56M HKDOperating income, FY2025: −154.08M HKDNet income, FY2021: −331.88M HKDNet income, FY2022: 1.4M HKDNet income, FY2023: −423.6M HKDNet income, FY2024: −408.42M HKDNet income, FY2025: −320.37M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 416.06M HKD. Revenue FY2022 383.9M HKD. Revenue FY2023 263.49M HKD. Revenue FY2024 242.7M HKD. Revenue FY2025 195.82M HKD. Operating income FY2021 −89.37M HKD. Operating income FY2022 −191.1M HKD. Operating income FY2023 −166.63M HKD. Operating income FY2024 −108.56M HKD. Operating income FY2025 −154.08M HKD. Net income FY2021 −331.88M HKD. Net income FY2022 1.4M HKD. Net income FY2023 −423.6M HKD. Net income FY2024 −408.42M HKD. Net income FY2025 −320.37M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue195.82M HKD242.7M HKD263.49M HKD383.9M HKD416.06M HKD
Cost of goods sold251.01M HKD294.08M HKD348.77M HKD337.29M HKD347.29M HKD
Gross profit−55.2M HKD−51.38M HKD−85.28M HKD46.61M HKD68.78M HKD
Selling, general, and administrative38.84M HKD53.25M HKD85.96M HKD129.3M HKD103.99M HKD
Operating expenses98.88M HKD57.19M HKD81.39M HKD231.62M HKD156.46M HKD
Interest income113K HKD701K HKD593K HKD600K HKD551K HKD
Interest expense56.48M HKD54.88M HKD48.79M HKD20.92M HKD69.4M HKD
Depreciation and amortization71.85M HKD83.5M HKD107.88M HKD113.03M HKD109.58M HKD
Operating income−154.08M HKD−108.56M HKD−166.63M HKD−191.1M HKD−89.37M HKD
Net income−320.37M HKD−408.42M HKD−423.6M HKD1.4M HKD−331.88M HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 4 misses, 0 met estimates
Average EPS surprise
-164.31%
4 comparable reports
Latest EPS result
-0.43

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.560.09-0.37-0.84Q2 '21MissQ4 '21MissQ1 '23No estimateQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ1 '26No estimate
Q2 2021, reported Jun 30, 2021: actual -0.121, estimate 0.359, surprise -133.74%, Miss. Q4 2021, reported Dec 31, 2021: actual -0.74, estimate 0.461, surprise -260.44%, Miss. Q1 2023, reported Mar 26, 2023: actual 0.211, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.245, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual -0.524, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual -0.134, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.555, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual -0.43, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.09B752.57M419.58M86.58MQ2 '21MissQ4 '21MissQ1 '23No estimateQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ1 '26No estimate
Q2 2021, reported Jun 30, 2021: actual 182.63M HKD, estimate 854M HKD, surprise -78.61%, Miss. Q4 2021, reported Dec 31, 2021: actual 233.43M HKD, estimate 1.01B HKD, surprise -76.95%, Miss. Q1 2023, reported Mar 26, 2023: actual 144.96M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 103M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 160.49M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 31, 2024: actual 106.45M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 136.25M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 101.86M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Dividend

Ex-dividend Jun 28, 2019

HK$0.0002

Irregular

Record Jul 3, 2019 · Payment Jul 12, 2019

Dividend

Ex-dividend Aug 16, 2007

HK$0.0001

Special

Dividend

Ex-dividend Sep 22, 2006

HK$0.0001

Quarterly

Dividend

Ex-dividend Aug 11, 2005

HK$0.0001

Special

Dividend

Ex-dividend Aug 11, 2004

HK$0.0001

Special

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