Lynas Rare Earths Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia. The company holds an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium. The company also develops and operates advanced material processing and concentration plants, as well as offers corporate services. The company was formerly known as Lynas Corporation Limited and changed its name to Lynas Corporation Limited in November 2020. Lynas Rare Earths Limited was incorporated in 1983 and is based in Perth, Australia.

Financial highlights

Market Capitalization$6349.9452 million
P/E Ratio19.62
P/E Growth Ratio0
Book Value2.317
Dividend Per Share0
Earnings Per Share0.34
EBITDA288,864.992
Profit Margin0.4202
Operating Margin TTM0.3761
Return on Assets TTM0.0739
Return on Equity TTM0.1631
Revenue TTM739,278.976

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1989-06-30 1,113
1990-06-30 125
1991-06-30 179
1992-06-30 55
1993-06-30 6
1994-06-30 36
1995-06-30 8,200 8,200 917
1996-06-30 25,331.712 25,331.712 2,779.64
1997-06-30 25,634 25,634 7,769.45
1998-06-30
1999-06-30
2000-06-30 12,992
2001-06-30 13,867.916 6,621.018 7,246.898 12,442.564
2002-06-30 8,047.627 3,964.112 4,083.515 2,864.424
2003-06-30 25 25 5,100.26
2004-06-30 4,689.917
2005-06-30 5,511.986
2006-06-30 69.821 69.821 4,773.992
2007-06-30 0.01 0.01 6,349.784
2008-06-30 17,243
2009-06-30 33,703
2010-06-30 54,508
2011-06-30 57,906
2012-06-30 8,545 -8,545 83,987
2013-06-30 950 950 0 143,759
2014-06-30 64,570 77,679 -13,109 162,132
2015-06-30 144,596 168,345 -23,749 67,496
2016-06-30 190,956 211,401 -20,445 64,596
2017-06-30 256,976 242,239 14,737 69,436
2018-06-30 374,105 253,001 121,104 75,131
2019-06-30 358,297 273,052 85,245 78,083
2020-06-30 314,088 205,802 108,286 109,647
2021-06-30 506,005 239,419 266,586 89,977
2022-06-30 893,162 291,897 601,265 99,411
2023-06-30 787,123 346,177 440,946 107,960

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1989-06-30 799 3,302 78 5,283
1990-06-30 424 2,971 44 5,283
1991-06-30 210 2,594 14 5,283
1992-06-30 420 2,898 49 5,683
1993-06-30 258 3,220 39 6,133
1994-06-30 1,805 8,555 99 11,257
1995-06-30 4,501 26,339 8,992 16,724
1996-06-30 4,301 24,203.45 4,642.08 17,064.696
1997-06-30 4,363.095 18,639.392 3,538.651 17,064.696
1998-06-30 668.043 7,350.545 2,294.641 8,887.205
1999-06-30 588.621 10,965.36 8,073.708 12,605.439
2000-06-30 3,850.67 14,940.103 4,823.315 182 17,161.31
2001-06-30 6,424.957 16,403.367 5,121.821 21,930.282
2002-06-30 1,748.862 15,207.76 4,071.221 22,931.922
2003-06-30 3,183.876 17,945.818 5,765.624 3,228 29,062.415
2004-06-30 12,352.556 36,514.295 9,255.417 57.443 7,750 48,563.869
2005-06-30 7,240.438 22,258.963 5,996.585 179.071 5,000 51,713.869
2006-06-30 7,185.572 25,972.623 11,658.259 4,947.482 53,840.034
2007-06-30 64,036.478 92,225.144 6,136.661 131,938.908
2008-06-30 244,083 347,987 126,724 77,176 285,624
2009-06-30 16,710 217,949 19,911 288,314
2010-06-30 405,245 640,663 21,520 719,857
2011-06-30 433,956 874,033 247,266 212,364 821,994
2012-06-30 205,438 1,023,657 460,163 403,062 823,161
2013-06-30 141,371 1,187,684 558,976 10,949 447,068 994,645
2014-06-30 38,144 852,346 550,306 122,094 322,858 1,034,634
2015-06-30 51,973 845,498 662,267 267,799 278,368 1,083,898
2016-06-30 43,348 787,045 715,835 26,878 535,686 1,088,469
2017-06-30 63,925 716,382 624,981 19,516 473,843 1,094,403
2018-06-30 42,292 764,631 330,153 225,112 225,112 1,395,417
2019-06-30 89,710 878,805 346,457 29,308 160,624 1,398,264
2020-06-30 101,731 936,125 417,744 35,374 164,851 1,424,847
2021-06-30 680,827 1,477,590 394,170 22,624 151,049 1,859,598
2022-06-30 965,584 2,061,631 416,017 25,107 164,898 1,859,598
2023-06-30 1,011,212 2,638,675 475,271 14,783 167,375 2,091,089

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1989-06-30 -1,415
1990-06-30 -297
1991-06-30 -347 207
1992-06-30 -131 -102 203 207 410
1993-06-30 -163 -141 -152 410 258
1994-06-30 151 517 1,547 258 1,805
1995-06-30 621 3,731 1,532 1,805 3,337
1996-06-30 1,863.307 9,664.346 826.848 3,337.17 4,164.018
1997-06-30 -4,460.629 4,346.953 102.765 4,164.018 4,266.783
1998-06-30 -10,596.838 -3,598.74 4,266.783 668.043
1999-06-30 -3,024.126 -79.422 668.043 588.621
2000-06-30 2,669.265 6,184 3,262.049 588.621 3,850.67
2001-06-30 -3,604.214 3,069.15 2,574.287 3,850.67 6,424.957
2002-06-30 -1,146.647 -4,191.668 -4,676.095 6,424.957 1,748.862
2003-06-30 -5,086.838 1,435.014 1,748.862 3,183.876
2004-06-30 -4,422.77 -5,109.129 9,168.68 3,183.876 12,352.556
2005-06-30 -14,146.5 -5,641.139 -5,112.118 12,352.556 7,240.438
2006-06-30 -4,502.061 -4,615.14 -54.866 7,240.438 7,185.572
2007-06-30 -6,200.659 -2,968.256 56,850.905 7,185.573 64,036.478
2008-06-30 -21,481 -25,424 180,047 64,036 244,083
2009-06-30 -29,282 -27,539 -128,770 145,480 16,710
2010-06-30 -43,041 -8,889 388,535 16,710 405,245
2011-06-30 -59,086 -34,077 -206,834 405,245 198,411
2012-06-30 -87,770 -86,913 -228,518 433,956 205,438
2013-06-30 -143,555 -106,242 -64,067 205,438 141,371
2014-06-30 -345,488 -103,208 -103,227 141,371 38,144
2015-06-30 -118,685 -31,947 13,829 38,144 51,973
2016-06-30 -94,082 4,147 -8,625 51,973 43,348 0
2017-06-30 -14,876 33,993 20,577 43,348 63,925 0
2018-06-30 53,119 118,480 -21,633 63,925 42,292
2019-06-30 80,030 104,113 47,418 42,292 89,710
2020-06-30 -19,395 32,071 12,021 89,710 101,731
2021-06-30 157,083 215,065 479,096 101,731 580,827
2022-06-30 540,824 601,375 384,757 580,827 965,584
2023-06-30 310,666 386,754 45,628 965,584 1,011,212