CHINA RARE EARTH R - Financials

CHINA RARE EARTH R — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	3.0B	4.0B	4.2B	3.0B	1.7B	1.6B	925.0M	716.0M	448.0M	459.0M	702.0M	2.0B	4.0B	7.6B	2.8B	1.8B	2.5B	2.8B	2.6B	2.7B
Revenue Growth %	-24.1%	-5.4%	41.8%	79.5%	0.5%	78.1%	29.2%	59.8%	-2.4%	-34.6%	-64.8%	-50.4%	-47.4%	176.8%	55.0%	-28.1%	-12.4%	7.9%	-1.4%	--
Total Revenue	3.0B	4.0B	4.2B	3.0B	1.7B	1.6B	925.0M	716.0M	448.0M	459.0M	702.0M	2.0B	4.0B	7.6B	2.8B	1.8B	2.5B	2.8B	2.6B	2.7B
Cost Of Revenue	2.6B	3.1B	3.0B	2.6B	1.4B	1.5B	739.0M	632.0M	388.0M	370.0M	614.0M	1.5B	3.2B	5.9B	2.7B	1.8B	2.5B	2.6B	2.3B	2.4B
+Gross Profit	476.0M	891.0M	1.3B	377.0M	279.0M	183.0M	186.0M	84.0M	60.0M	89.0M	88.0M	505.0M	769.0M	1.7B	88.0M	-32.0M	-22.0M	275.0M	274.0M	227.0M
Gross Margin %	15.7%	22.3%	29.8%	12.7%	16.8%	11.1%	20.1%	11.7%	13.4%	19.4%	12.5%	25.3%	19.1%	22.6%	3.2%	-1.8%	-0.9%	9.7%	10.5%	8.5%
Total Operating Cost	3.3B	3.5B	3.2B	2.7B	1.4B	1.6B	795.0M	690.0M	503.0M	936.0M	796.0M	1.6B	3.7B	6.3B	3.0B	2.3B	2.9B	2.8B	2.6B	2.7B
Selling Expenses	5.0M	3.7M	3.1M	5.3M	3.3M	7.1M	3.3M	3.2M	2.3M	2.9M	4.0M	3.5M	33.7M	53.5M	45.1M	42.1M	57.8M	57.2M	51.4M	55.9M
Admin Expenses	77.5M	83.7M	82.2M	53.3M	16.9M	64.9M	46.4M	48.9M	77.6M	62.3M	54.3M	59.6M	163.0M	209.0M	106.0M	170.0M	112.0M	68.9M	73.8M	65.1M
Rd Expenses	57.8M	40.0M	24.7M	15.4M	13.2M	11.3M	5.3M	4.7M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	-11.4M	-13.9M	11.8M	31.5M	5.0M	2.3M	-2.3M	-3.4M	-10.5M	-7.4M	-12.4M	-6.7M	102.0M	94.2M	77.6M	87.3M	128.0M	105.0M	99.8M	101.0M
+Operating Income	-254.0M	549.0M	1.0B	259.0M	291.0M	91.6M	140.0M	43.3M	72.9M	-477.0M	-96.2M	346.0M	364.0M	1.3B	-224.0M	-667.0M	-426.0M	400.0M	41.2M	18.6M
Operating Margin %	-8.4%	13.8%	23.8%	8.7%	17.6%	5.6%	15.1%	6.0%	16.3%	-103.9%	-13.7%	17.4%	9.1%	17.5%	-8.1%	-37.5%	-17.2%	14.1%	1.6%	0.7%
Non Operating Income	325,300	564,100	837,500	681,200	26.2M	21.9M	143,000	18,100	3.7M	27.2M	18.0M	13.9M	134.0M	32.9M	11.1M	3.3M	9.3M	425,100	1.3M	207,800
Non Operating Expenses	14.7M	74,600	503,500	3.6M	5.6M	8.2M	6.0M	97,100	11,400	606,700	1.3M	339,800	1.5M	4.9M	1.8M	45.9M	74.2M	2.2M	7.3M	1.2M
Investment Income	8.6M	198,300	-4.6M	1.9M	13,300	-4.1M	4.0M	1.2M	128.0M	-218,200	-1.7M	521,200	4.2M	16.3M	-2.8M	-117.0M	-10.7M	365.0M	29.4M	4.8M
Asset Disposal Income	56,400	-404,300	54,400	2.2M	72.9M	255,500	57,500	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	415.0M	124.0M	5.4M	18.1M	11.6M	206,100	150,900	-1.5M	41.0M	508.0M	135.0M	90.7M	58.8M	8.5M	77.0M	215.0M	91.1M	228,500	11.1M	--
Other Income	18.1M	14.9M	5.5M	2.6M	2.9M	824,800	6.1M	16.6M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	-269.0M	550.0M	1.0B	257.0M	312.0M	105.0M	135.0M	43.2M	76.6M	-450.0M	-79.5M	359.0M	496.0M	1.4B	-214.0M	-710.0M	-491.0M	398.0M	35.2M	17.6M
Income Tax	13.0M	110.0M	204.0M	50.0M	25.3M	11.3M	33.1M	11.1M	59.5M	-39.4M	-16.5M	93.6M	230.0M	336.0M	4.9M	2.4M	8.5M	19.1M	6.6M	8.1M
+Net Income	-282.0M	439.0M	798.0M	206.0M	286.0M	94.1M	101.0M	32.2M	17.1M	-411.0M	-63.0M	266.0M	266.0M	1.0B	-219.0M	-712.0M	-499.0M	379.0M	28.6M	12.9M
Net Margin %	-9.3%	11.0%	18.9%	6.9%	17.3%	5.7%	10.9%	4.5%	3.8%	-89.5%	-9.0%	13.3%	6.6%	13.4%	-7.9%	-40.0%	-20.2%	13.4%	1.1%	0.5%
Net Income Attributable	-287.0M	418.0M	769.0M	195.0M	279.0M	85.9M	102.0M	30.5M	18.6M	-397.0M	-55.8M	255.0M	282.0M	902.0M	-223.0M	-707.0M	-498.0M	380.0M	28.0M	17.0M
Minority Interest	5.3M	21.8M	29.7M	11.1M	7.3M	8.2M	-377,500	1.6M	-1.5M	-13.5M	-7.2M	10.4M	-15.8M	123.0M	3.7M	-4.8M	-1.1M	-1.2M	636,600	-4.0M
Eps Basic	-0.27	0.42	0.78	0.20	0.28	0.09	0.10	0.03	0.02	-0.41	-0.06	0.26	0.29	0.93	-0.34	-1.08	-0.76	0.58	0.08	0.05
Eps Diluted	-0.27	0.42	0.78	0.20	0.28	0.09	0.10	0.03	0.02	-0.41	-0.06	0.26	0.29	0.93	-0.34	-0.98	-0.76	0.58	0.08	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	910.0M	1.9B	920.0M	212.0M	308.0M	141.0M	215.0M	418.0M	326.0M	488.0M	352.0M	354.0M	935.0M	750.0M	153.0M	126.0M	297.0M	355.0M	459.0M	406.0M
Accounts Receivable	329.0M	261.0M	2.4M	16.6M	2.1M	236.0M	269.0M	198.0M	334.0M	342.0M	336.0M	1.5B	100,000	123.0M	80.3M	116.0M	100.0M	219.0M	232.0M	188.0M
Notes Receivable	112.0M	265.0M	138.0M	203.0M	1.5M	6.8M	332.0M	225.0M	251.0M	2.0M	160.0M	5.0M	108.0M	63.6M	122.0M	16.9M	40.2M	33.3M	27.4M	17.6M
Notes And Accounts Receivable	440.0M	526.0M	140.0M	220.0M	3.6M	243.0M	601.0M	422.0M	585.0M	344.0M	495.0M	1.5B	108.0M	186.0M	203.0M	133.0M	141.0M	253.0M	259.0M	205.0M
Prepayments	2.5M	4.3M	186.0M	51.7M	387.0M	42.6M	139.0M	20.3M	328,800	178,000	5.5M	9.1M	400.0M	180.0M	103.0M	96.0M	420.0M	413.0M	352.0M	328.0M
Inventory	1.9B	1.5B	2.0B	2.4B	1.5B	1.7B	914.0M	771.0M	731.0M	1.1B	1.2B	1.1B	882.0M	1.5B	227.0M	246.0M	348.0M	441.0M	415.0M	453.0M
Total Current Assets	3.7B	4.5B	3.5B	3.4B	2.7B	2.3B	1.9B	1.7B	1.6B	2.0B	2.1B	3.0B	2.3B	2.6B	689.0M	614.0M	1.2B	1.5B	1.5B	1.4B
Long Term Equity Investment	342.0M	346.0M	345.0M	344.0M	341.0M	339.0M	325.0M	312.0M	311.0M	10.3M	11.0M	13.1M	6.7M	685.0M	662.0M	738.0M	903.0M	798.0M	565.0M	11.7M
Fixed Assets	--	467.0M	235.0M	93.2M	82.5M	108.0M	111.0M	120.0M	134.0M	155.0M	174.0M	195.0M	151.0M	839.0M	637.0M	799.0M	901.0M	805.0M	889.0M	968.0M
Fixed Assets Total	493.0M	467.0M	235.0M	93.2M	82.5M	108.0M	111.0M	120.0M	134.0M	155.0M	174.0M	195.0M	151.0M	839.0M	637.0M	799.0M	901.0M	805.0M	889.0M	968.0M
Construction In Progress	--	11.5M	197.0M	8.2M	2.7M	3.5M	677,000	63,600	2.2M	1.5M	1.3M	--	25.3M	83.9M	68.0M	66.8M	119.0M	267.0M	267.0M	253.0M
Construction In Progress Total	11.2M	11.5M	197.0M	8.3M	2.8M	3.7M	790,500	177,100	2.3M	1.6M	1.4M	113,500	25.3M	83.9M	68.0M	66.8M	119.0M	268.0M	267.0M	254.0M
Intangible Assets	56.7M	82.0M	114.0M	6.9M	7.4M	12.9M	14.0M	14.3M	15.0M	15.6M	16.3M	14.3M	14.9M	78.7M	43.6M	44.3M	44.7M	13.3M	13.3M	11.5M
Long Term Deferred Expenses	36.1M	503,100	404,800	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	401,500	1.1M
Total Non Current Assets	1.7B	1.1B	939.0M	487.0M	469.0M	506.0M	484.0M	507.0M	534.0M	687.0M	522.0M	508.0M	454.0M	2.0B	1.4B	1.6B	2.0B	1.9B	1.7B	3.1B
Total Assets	5.5B	5.5B	4.4B	3.9B	3.1B	2.8B	2.4B	2.2B	2.2B	2.7B	2.6B	3.6B	2.8B	4.6B	2.1B	2.3B	3.2B	3.4B	3.2B	4.5B
Short Term Borrowings	223.0M	196.0M	37.7M	1.1B	399.0M	225.0M	12.8M	--	--	--	--	--	30.0M	801.0M	601.0M	1.5B	1.1B	964.0M	855.0M	958.0M
Accounts Payable	222.0M	78.6M	69.5M	17.1M	29.6M	118.0M	4.4M	4.6M	1.1M	1.4M	14.4M	18.8M	2.7M	161.0M	105.0M	282.0M	163.0M	161.0M	273.0M	367.0M
Advance Receipts	--	--	--	--	--	695,800	2.7M	473,100	818,900	--	--	40,000	--	43.8M	22.9M	34.8M	328.0M	149.0M	168.0M	141.0M
Contract Liabilities	15.0M	6.2M	62.7M	10.6M	1.6M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	600.0M	437.0M	319.0M	1.2B	573.0M	402.0M	180.0M	72.8M	110.0M	62.6M	30.4M	522.0M	578.0M	2.4B	1.1B	1.9B	2.1B	1.7B	2.0B	2.4B
Long Term Borrowings	--	--	--	--	--	--	--	--	--	--	--	--	--	4.0M	963.0M	73.0M	106.0M	168.0M	160.0M	1.0B
Total Non Current Liabilities	71.7M	72.8M	68.4M	9.8M	5.8M	57.7M	3.3M	3.8M	4.0M	7.1M	10.5M	4.7M	3.9M	57.6M	988.0M	90.3M	172.0M	174.0M	162.0M	1.0B
Total Liabilities	672.0M	510.0M	387.0M	1.2B	579.0M	459.0M	183.0M	76.6M	114.0M	69.7M	40.8M	526.0M	582.0M	2.5B	2.1B	2.0B	2.2B	1.9B	2.2B	3.4B
Paid In Capital	1.1B	1.1B	981.0M	981.0M	981.0M	981.0M	981.0M	981.0M	981.0M	981.0M	981.0M	981.0M	967.0M	653.0M	653.0M	653.0M	653.0M	363.0M	363.0M	363.0M
Capital Reserve	2.0B	1.8B	1.3B	740.0M	740.0M	740.0M	740.0M	740.0M	740.0M	1.0B	755.0M	1.2B	724.0M	1.1B	207.0M	207.0M	231.0M	340.0M	340.0M	343.0M
Surplus Reserve	200.0M	200.0M	185.0M	176.0M	172.0M	159.0M	159.0M	159.0M	159.0M	159.0M	159.0M	159.0M	137.0M	125.0M	123.0M	123.0M	123.0M	123.0M	82.6M	78.3M
Retained Earnings	1.4B	1.7B	1.4B	666.0M	523.0M	297.0M	210.0M	108.0M	77.5M	162.0M	559.0M	615.0M	359.0M	88.7M	-973.0M	-750.0M	-60.6M	633.0M	293.0M	281.0M
Minority Equity	171.0M	171.0M	153.0M	101.0M	91.3M	83.7M	75.3M	75.2M	73.3M	267.0M	88.2M	94.8M	--	230.0M	3.1M	1.2M	2.0M	3.2M	4.4M	3.0M
Equity Attributable	4.6B	4.9B	3.9B	2.6B	2.5B	2.2B	2.1B	2.0B	2.0B	2.4B	2.5B	2.9B	2.2B	1.9B	10.8M	233.0M	947.0M	1.5B	1.1B	1.1B
Total Equity	4.8B	5.0B	4.0B	2.7B	2.6B	2.3B	2.2B	2.1B	2.1B	2.6B	2.6B	3.0B	2.2B	2.1B	13.9M	235.0M	949.0M	1.5B	1.1B	1.1B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	3.3B	4.3B	4.8B	2.6B	1.5B	1.7B	873.0M	942.0M	284.0M	648.0M	1.7B	846.0M	4.1B	8.1B	2.6B	2.0B	2.9B	3.0B	2.5B	2.9B
Tax Refunds Received	80.4M	31.1M	69.2M	49.1M	53.6M	--	--	--	--	--	--	--	7.7M	19.0M	5.4M	2.0M	3.6M	212,500	305,000	--
Total Operating Cash Inflow	3.4B	4.4B	5.5B	2.7B	1.6B	1.8B	883.0M	962.0M	294.0M	679.0M	1.7B	869.0M	4.2B	8.1B	2.6B	2.0B	3.0B	3.1B	2.5B	2.9B
Cash Paid For Goods	3.5B	3.5B	2.7B	3.3B	1.5B	1.8B	1.1B	703.0M	67.0M	493.0M	951.0M	923.0M	3.4B	6.8B	2.4B	2.2B	2.6B	2.7B	2.1B	2.5B
Cash Paid To Employees	98.8M	86.3M	84.4M	47.0M	41.2M	78.2M	56.8M	49.4M	42.8M	55.1M	55.1M	52.2M	149.0M	180.0M	108.0M	113.0M	87.5M	85.4M	70.8M	63.5M
Taxes Paid	396.0M	412.0M	604.0M	57.8M	80.8M	30.2M	7.6M	65.8M	13.6M	27.3M	277.0M	329.0M	560.0M	389.0M	41.9M	36.2M	46.1M	130.0M	101.0M	88.3M
Total Operating Cash Outflow	4.0B	4.0B	3.9B	3.4B	1.7B	1.9B	1.2B	839.0M	140.0M	594.0M	1.3B	1.3B	4.1B	7.5B	2.6B	2.5B	2.8B	3.0B	2.3B	2.8B
Operating Cash Flow	-594.0M	346.0M	1.6B	-745.0M	-109.0M	-103.0M	-282.0M	123.0M	154.0M	84.6M	404.0M	-457.0M	44.2M	651.0M	74.6M	-439.0M	136.0M	19.4M	19.4M	158.0M
Total Investing Cash Inflow	264.0M	3.5M	5.9M	5.0M	65.2M	2.4M	760,400	269,800	79.9M	46.6M	1.0M	535,900	255.0M	384,300	386,100	51.1M	210.0M	132.0M	90,600	--
Total Investing Cash Outflow	676.0M	181.0M	121.0M	28.6M	12.6M	27.5M	16.9M	31.6M	301.0M	50.0M	407.0M	235.0M	70.7M	98.4M	14.8M	13.7M	294.0M	69.1M	32.8M	111.0M
Investing Cash Flow	-413.0M	-177.0M	-116.0M	-23.6M	52.6M	-25.1M	-16.1M	-31.4M	-222.0M	-3.5M	-406.0M	-234.0M	184.0M	-98.0M	-14.4M	37.5M	-83.9M	63.2M	-32.7M	-111.0M
Cash From Borrowings	223.0M	676.0M	758.0M	2.2B	435.0M	160.0M	12.8M	--	--	--	94.0M	61.0M	2.1B	1.1B	1.7B	2.1B	1.1B	1.4B	1.1B	1.5B
Dividends And Interest Paid	94.6M	47.1M	134.0M	91.2M	48.7M	48.6M	91,700	--	104.0M	--	100.0M	523,100	124.0M	102.0M	72.3M	81.0M	101.0M	94.7M	99.9M	109.0M
Debt Repayments	113.0M	400.0M	1.5B	1.4B	160.0M	--	--	--	0.00	--	94.0M	91.0M	2.0B	1.1B	1.6B	1.8B	1.1B	1.5B	1.1B	1.5B
Total Financing Cash Inflow	229.0M	2.8B	758.0M	2.2B	435.0M	160.0M	12.8M	--	10.0M	--	282.0M	291.0M	2.1B	1.1B	1.7B	2.1B	1.1B	1.4B	1.1B	1.5B
Total Financing Cash Outflow	215.0M	2.0B	1.6B	1.5B	209.0M	48.6M	91,700	--	104.0M	--	281.0M	192.0M	2.2B	1.2B	1.7B	1.9B	1.3B	1.6B	1.3B	1.6B
Financing Cash Flow	14.2M	811.0M	-872.0M	695.0M	226.0M	112.0M	12.7M	--	-93.9M	--	383,400	98.8M	-42.9M	-49.1M	-11.7M	254.0M	-160.0M	-186.0M	-112.0M	-152.0M
Net Change In Cash	-992.0M	980.0M	621.0M	-73.4M	169.0M	-16.5M	-285.0M	92.1M	-162.0M	81.1M	-1.5M	-592.0M	186.0M	504.0M	48.5M	-148.0M	-109.0M	-104.0M	52.9M	-106.0M
Ending Cash Balance	906.0M	1.9B	919.0M	212.0M	285.0M	116.0M	133.0M	418.0M	326.0M	488.0M	352.0M	354.0M	935.0M	749.0M	147.0M	98.2M	246.0M	355.0M	459.0M	--
Capex	86.4M	80.5M	121.0M	28.6M	12.6M	14.0M	7.6M	1.1M	6.3M	6.0M	10.7M	15.0M	25.6M	98.4M	13.3M	13.7M	53.8M	69.1M	32.8M	111.0M