China Rare Earth Holdings (FRA:RAE) Total Assets : €252.88 Mil (As of Dec. 2023)

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What is China Rare Earth Holdings Total Assets?

China Rare Earth Holdings's Total Assets for the quarter that ended in Dec. 2023 was €252.88 Mil.

During the past 12 months, China Rare Earth Holdings's average Total Assets Growth Rate was -10.80% per year. During the past 3 years, the average Total Assets Growth Rate was -10.50% per year. During the past 5 years, the average Total Assets Growth Rate was -5.70% per year. During the past 10 years, the average Total Assets Growth Rate was -6.90% per year.

During the past 13 years, China Rare Earth Holdings's highest 3-Year average Total Assets Growth Rate was 45.60%. The lowest was -15.80%. And the median was 3.60%.

Total Assets is connected with ROA %. China Rare Earth Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -6.50%. Total Assets is also linked to Revenue through Asset Turnover. China Rare Earth Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

China Rare Earth Holdings Total Assets Historical Data

The historical data trend for China Rare Earth Holdings's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Rare Earth Holdings Total Assets Chart

China Rare Earth Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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315.06

310.96

345.76

292.17

252.88

China Rare Earth Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															345.76	352.87	292.17	261.61	252.88

China Rare Earth Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

China Rare Earth Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	240.018	+	12.863
	=	252.88

China Rare Earth Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	240.018	+	12.863
	=	252.88

China Rare Earth Holdings (FRA:RAE) Total Assets Explanation

Total Assets is connected with ROA %.

China Rare Earth Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-16.71	/	( (261.613	+	252.88)	/ 2 )
	=	-16.71	/	257.2465
	=	-6.50 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

China Rare Earth Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	36.429	/	( (261.613	+	252.88)	/ 2 )
=	36.429	/	257.2465
=	0.14

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

China Rare Earth Holdings Total Assets Related Terms

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China Rare Earth Holdings (FRA:RAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Rare Earth Holdings Ltd (FRA:RAE) » Definitions » Total Assets

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Traded in Other Exchanges

CREQF:USA 00769:Hong Kong

Address

Dingshu Town, Jiangsu Province, Yixing, CHN, 214226

Website

http://www.creh.com.hk

China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products such as praseodymium, neodymium, terbium, and dysprosium through trading. It also focuses on the production of high-end products such as rare earth oxides. The Refractory segment includes the manufacturing and sales of refractory products, including Refractory materials and Magnesium grains. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.

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