C

China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111

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China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111
Watchlist
Price: 46.86 CNY -0.68% Market Closed
Market Cap: 169.4B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+22%
5Y
+113%
10Y
+538%
Operating Income
+
3Y
-64%
5Y
+164%
10Y
+495%
Net Income
+
3Y
-68%
5Y
+223%
10Y
+291%

Earnings Waterfall
China Northern Rare Earth Group High-Tech Co Ltd

Revenue
41.7B CNY
Cost of Revenue
-36.9B CNY
Gross Profit
4.8B CNY
Operating Expenses
-1.4B CNY
Operating Income
3.3B CNY
Other Expenses
-1.2B CNY
Net Income
2.1B CNY

Income Statement
China Northern Rare Earth Group High-Tech Co Ltd

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Income Statement
Currency: CNY
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
3
0
0
0
14
0
0
0
20
0
0
0
23
0
0
0
0
0
0
0
40
0
0
0
93
0
0
0
128
0
0
0
125
0
0
0
157
0
0
0
265
0
0
0
388
0
0
0
331
0
0
0
198
0
0
0
143
0
0
0
271
0
0
0
392
0
201
285
390
0
0
218
406
328
428
421
441
456
436
432
350
305
264
252
251
251
273
267
244
241
0
0
Revenue
303
N/A
335
+11%
383
+14%
432
+13%
501
+16%
591
+18%
686
+16%
752
+10%
795
+6%
818
+3%
824
+1%
872
+6%
881
+1%
895
+2%
1 017
+14%
1 101
+8%
1 609
+46%
2 052
+28%
2 257
+10%
2 502
+11%
2 500
0%
2 555
+2%
2 579
+1%
3 211
+25%
3 225
+0%
2 888
-10%
2 837
-2%
2 307
-19%
2 593
+12%
3 198
+23%
4 016
+26%
4 698
+17%
5 258
+12%
6 395
+22%
8 909
+39%
11 678
+31%
11 528
-1%
12 983
+13%
11 846
-9%
9 700
-18%
9 242
-5%
7 967
-14%
7 776
-2%
7 741
0%
8 472
+9%
7 261
-14%
6 025
-17%
5 507
-9%
5 838
+6%
6 445
+10%
6 678
+4%
6 534
-2%
6 549
+0%
5 651
-14%
5 542
-2%
5 622
+1%
5 113
-9%
6 248
+22%
6 971
+12%
8 642
+24%
10 204
+18%
11 295
+11%
11 822
+5%
12 427
+5%
13 955
+12%
14 890
+7%
16 780
+13%
18 723
+12%
18 092
-3%
18 696
+3%
19 183
+3%
19 536
+2%
21 246
+9%
23 059
+9%
26 356
+14%
29 808
+13%
30 408
+2%
33 845
+11%
35 817
+6%
34 315
-4%
37 260
+9%
36 682
-2%
33 614
-8%
34 185
+2%
33 497
-2%
30 027
-10%
30 004
0%
30 134
+0%
32 966
+9%
36 492
+11%
38 843
+6%
41 698
+7%
Gross Profit
Cost of Revenue
(212)
(246)
(285)
(325)
(395)
(468)
(558)
(618)
(663)
(692)
(708)
(758)
(767)
(778)
(868)
(912)
(1 208)
(1 499)
(1 567)
(1 665)
(1 619)
(1 609)
(1 609)
(2 287)
(2 519)
(2 444)
(2 506)
(1 965)
(2 012)
(2 204)
(2 560)
(2 790)
(2 711)
(3 197)
(3 134)
(3 176)
(3 295)
(3 641)
(4 820)
(5 498)
(6 024)
(5 762)
(5 433)
(5 422)
(6 063)
(4 560)
(3 858)
(3 433)
(4 222)
(4 412)
(4 712)
(4 774)
(5 271)
(4 404)
(4 388)
(4 473)
(4 052)
(5 107)
(5 667)
(6 885)
(8 444)
(9 367)
(9 944)
(10 778)
(12 020)
(13 017)
(14 777)
(16 645)
(16 056)
(16 692)
(17 160)
(17 397)
(18 797)
(19 734)
(21 430)
(23 667)
(21 979)
(24 202)
(25 815)
(23 453)
(27 673)
(27 929)
(26 588)
(29 041)
(28 930)
(26 275)
(26 470)
(26 533)
(29 881)
(32 658)
(34 328)
(36 938)
Gross Profit
91
N/A
90
-1%
99
+10%
107
+9%
106
-1%
123
+16%
128
+4%
134
+5%
132
-2%
127
-4%
116
-9%
114
-2%
113
-1%
116
+3%
149
+28%
190
+27%
401
+111%
553
+38%
691
+25%
836
+21%
881
+5%
947
+7%
970
+2%
925
-5%
705
-24%
444
-37%
331
-25%
343
+4%
581
+70%
993
+71%
1 456
+47%
1 907
+31%
2 547
+34%
3 198
+26%
5 775
+81%
8 502
+47%
8 233
-3%
9 341
+13%
7 026
-25%
4 202
-40%
3 218
-23%
2 206
-31%
2 343
+6%
2 319
-1%
2 409
+4%
2 700
+12%
2 167
-20%
2 074
-4%
1 616
-22%
2 033
+26%
1 966
-3%
1 760
-10%
1 278
-27%
1 247
-2%
1 155
-7%
1 149
-1%
1 061
-8%
1 141
+8%
1 304
+14%
1 757
+35%
1 760
+0%
1 928
+10%
1 879
-3%
1 649
-12%
1 935
+17%
1 873
-3%
2 003
+7%
2 078
+4%
2 035
-2%
2 005
-1%
2 023
+1%
2 140
+6%
2 449
+14%
3 326
+36%
4 926
+48%
6 141
+25%
8 430
+37%
9 643
+14%
10 002
+4%
10 862
+9%
9 587
-12%
8 753
-9%
7 026
-20%
5 144
-27%
4 567
-11%
3 752
-18%
3 534
-6%
3 601
+2%
3 085
-14%
3 833
+24%
4 515
+18%
4 760
+5%
Operating Income
Operating Expenses
(23)
(27)
(37)
(46)
(56)
(61)
(74)
(74)
(78)
(79)
(73)
(70)
(77)
(74)
(85)
(98)
(210)
(250)
(300)
(316)
(265)
(266)
(244)
(282)
(381)
(392)
(411)
(397)
(364)
(384)
(399)
(443)
(621)
(637)
(699)
(731)
(836)
(880)
(1 043)
(1 114)
(965)
(1 573)
(1 870)
(1 810)
(983)
(1 594)
(1 303)
(1 336)
(939)
(1 219)
(1 165)
(1 198)
(844)
(1 078)
(1 010)
(893)
(804)
(720)
(680)
(708)
(715)
(749)
(727)
(776)
(778)
(802)
(909)
(911)
(854)
(828)
(841)
(871)
(849)
(950)
(1 119)
(1 156)
(1 261)
(1 152)
(1 295)
(1 677)
(1 616)
(2 011)
(1 973)
(1 567)
(1 166)
(1 378)
(1 145)
(1 115)
(1 145)
(1 343)
(1 399)
(1 417)
Selling, General & Administrative
(23)
(29)
(40)
(50)
(58)
(62)
(72)
(72)
(79)
(81)
(76)
(73)
(79)
(77)
(83)
(96)
(138)
(177)
(212)
(228)
(219)
(222)
(221)
(253)
(266)
(289)
(315)
(315)
(352)
(366)
(372)
(408)
(530)
(543)
(575)
(605)
(679)
(716)
(751)
(823)
(785)
(975)
(980)
(945)
(747)
(854)
(882)
(887)
(784)
(823)
(845)
(872)
(690)
(771)
(695)
(599)
(653)
(623)
(652)
(682)
(711)
(702)
(678)
(740)
(725)
(748)
(870)
(865)
(830)
(849)
(854)
(864)
(759)
(840)
(940)
(988)
(1 122)
(1 114)
(1 256)
(1 215)
(1 205)
(1 087)
(912)
(920)
(1 139)
(1 092)
(1 039)
(1 163)
(1 150)
(1 189)
(1 226)
(1 110)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(106)
0
0
0
(138)
0
0
0
(55)
0
0
0
(55)
0
0
0
(51)
0
0
0
(63)
0
0
0
(51)
(66)
(80)
(101)
(71)
(75)
(78)
(85)
(105)
(135)
(156)
(179)
(153)
(178)
(205)
(235)
(248)
(245)
(270)
(245)
(234)
(260)
(199)
(194)
(273)
(282)
(360)
(363)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(70)
0
0
0
(88)
0
0
0
(93)
0
0
0
(96)
0
0
0
(99)
0
0
0
(103)
0
0
0
(120)
0
0
0
(120)
0
0
0
(128)
0
0
0
(143)
0
0
0
(147)
0
0
0
(127)
0
0
0
(187)
0
0
0
Other Operating Expenses
0
2
3
4
1
0
(2)
(2)
1
2
3
3
3
3
(2)
(3)
(72)
(74)
(88)
(89)
(46)
(44)
(23)
(29)
(115)
(104)
(97)
(82)
(12)
(18)
(27)
(36)
(91)
(94)
(124)
(127)
(157)
(164)
(292)
(291)
(5)
(597)
(890)
(866)
(10)
(740)
(422)
(449)
(7)
(397)
(320)
(327)
(3)
(307)
(315)
(294)
(1)
(97)
(28)
(26)
162
(48)
(48)
(36)
119
12
40
55
167
96
90
78
144
25
(23)
11
157
140
166
(227)
(17)
(679)
(790)
(403)
334
(26)
92
241
464
128
186
56
Operating Income
68
N/A
63
-8%
62
-1%
61
-1%
50
-18%
62
+24%
54
-12%
61
+12%
55
-10%
47
-14%
43
-9%
44
+3%
37
-16%
42
+14%
64
+52%
92
+43%
191
+109%
303
+58%
391
+29%
520
+33%
616
+18%
680
+10%
726
+7%
643
-11%
325
-49%
51
-84%
(81)
N/A
(54)
+33%
217
N/A
609
+181%
1 057
+74%
1 464
+38%
1 926
+32%
2 561
+33%
5 076
+98%
7 771
+53%
7 397
-5%
8 461
+14%
5 983
-29%
3 088
-48%
2 253
-27%
633
-72%
473
-25%
509
+8%
1 426
+180%
1 106
-22%
864
-22%
738
-15%
677
-8%
814
+20%
801
-2%
561
-30%
434
-23%
169
-61%
144
-15%
256
+77%
257
+0%
421
+64%
624
+48%
1 049
+68%
1 045
0%
1 179
+13%
1 152
-2%
873
-24%
1 157
+33%
1 071
-7%
1 094
+2%
1 167
+7%
1 182
+1%
1 177
0%
1 182
+0%
1 269
+7%
1 600
+26%
2 375
+48%
3 806
+60%
4 985
+31%
7 169
+44%
8 492
+18%
8 706
+3%
9 185
+6%
7 971
-13%
6 742
-15%
5 053
-25%
3 576
-29%
3 401
-5%
2 374
-30%
2 388
+1%
2 485
+4%
1 940
-22%
2 491
+28%
3 115
+25%
3 343
+7%
Pre-Tax Income
Interest Income Expense
(3)
(5)
(8)
(12)
(14)
(20)
(21)
(22)
(18)
(16)
(18)
(17)
(22)
(22)
(23)
(24)
(30)
(33)
(35)
(36)
(34)
(35)
(43)
(59)
(89)
(107)
(126)
(134)
(114)
(117)
(108)
(104)
(104)
(104)
(101)
(108)
(131)
(141)
(184)
(193)
(230)
(295)
(325)
(353)
(334)
(319)
(291)
(304)
(295)
(276)
(236)
(179)
(119)
(94)
(89)
(72)
(75)
(90)
(130)
(208)
(186)
(230)
(239)
(240)
(293)
(302)
(319)
(291)
(324)
(317)
(302)
(339)
(335)
(355)
(371)
(324)
(441)
(616)
(371)
(536)
(198)
(385)
(590)
(413)
(246)
(212)
(249)
(213)
2
(156)
(113)
34
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(51)
0
0
0
(12)
0
0
0
(35)
0
0
0
0
2
5
0
(56)
3
(2)
(3)
(58)
15
19
23
(30)
4
3
(10)
(93)
(24)
(25)
(39)
(24)
23
42
65
(348)
4
(11)
(11)
(47)
(2)
(4)
(11)
(104)
32
43
50
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(84)
0
0
0
(16)
0
0
0
(1)
0
0
0
(17)
0
0
0
0
0
0
0
(9)
(0)
(2)
(2)
(4)
0
(3)
(2)
(14)
0
(15)
(14)
(30)
0
(31)
(32)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
3
7
4
6
6
3
4
3
(1)
(2)
(2)
(2)
5
2
4
4
(14)
(7)
(99)
(87)
18
(63)
34
18
40
31
29
38
72
60
59
56
37
39
47
64
9
6
(1)
3
82
61
94
87
172
162
161
158
71
68
86
88
118
90
105
111
128
106
66
47
(2)
(61)
(31)
(34)
32
7
(13)
(12)
16
11
10
5
(64)
(76)
(68)
(72)
(7)
(8)
(7)
(4)
13
(16)
(11)
(6)
24
18
13
14
(1)
(6)
(9)
(10)
Pre-Tax Income
68
N/A
64
-5%
59
-9%
55
-6%
43
-22%
46
+6%
38
-18%
43
+13%
36
-15%
30
-17%
24
-21%
25
+6%
19
-24%
22
+16%
45
+105%
71
+57%
147
+107%
263
+79%
257
-2%
398
+54%
515
+30%
582
+13%
717
+23%
601
-16%
259
-57%
(25)
N/A
(177)
-612%
(150)
+15%
173
N/A
553
+219%
1 008
+82%
1 416
+41%
1 842
+30%
2 496
+36%
5 023
+101%
7 727
+54%
7 276
-6%
8 326
+14%
5 798
-30%
2 898
-50%
2 096
-28%
399
-81%
241
-40%
241
0%
1 208
+402%
950
-21%
732
-23%
589
-19%
427
-28%
606
+42%
637
+5%
457
-28%
368
-19%
166
-55%
130
-22%
263
+103%
310
+18%
437
+41%
563
+29%
888
+58%
800
-10%
891
+11%
880
-1%
596
-32%
838
+41%
792
-6%
781
-1%
887
+14%
844
-5%
875
+4%
894
+2%
925
+4%
1 108
+20%
1 921
+73%
3 342
+74%
4 550
+36%
6 696
+47%
7 891
+18%
8 371
+6%
8 711
+4%
7 437
-15%
6 345
-15%
4 441
-30%
3 146
-29%
3 132
0%
2 177
-30%
2 148
-1%
2 275
+6%
1 837
-19%
2 361
+29%
3 036
+29%
3 417
+13%
Net Income
Tax Provision
(3)
(3)
(4)
(2)
(3)
(4)
(3)
(4)
(10)
(9)
(9)
(10)
(4)
(5)
(6)
(12)
(35)
(63)
(86)
(112)
(112)
(113)
(95)
(75)
(35)
(9)
(11)
(6)
(64)
(133)
(232)
(337)
(471)
(605)
(1 210)
(2 115)
(1 667)
(1 879)
(1 346)
(395)
(423)
(94)
45
36
(258)
(180)
(165)
(129)
(164)
(215)
(226)
(180)
(311)
(262)
(270)
(383)
(230)
(247)
(285)
(181)
(104)
(137)
(111)
(102)
(259)
(254)
(250)
(284)
(203)
(185)
(181)
(218)
(201)
(307)
(523)
(706)
(1 086)
(1 325)
(1 402)
(1 432)
(1 080)
(870)
(584)
(374)
(509)
(376)
(385)
(389)
(249)
(319)
(412)
(543)
Income from Continuing Operations
65
62
55
53
39
42
35
39
26
20
14
15
15
17
40
59
112
200
172
285
403
470
622
526
224
(33)
(188)
(156)
110
420
776
1 079
1 371
1 892
3 813
5 612
5 609
6 447
4 453
2 503
1 673
305
286
276
950
769
567
460
263
391
410
277
58
(97)
(140)
(120)
80
190
279
707
697
755
769
494
579
538
531
603
640
689
713
707
906
1 614
2 819
3 844
5 610
6 567
6 969
7 279
6 358
5 475
3 857
2 772
2 623
1 801
1 764
1 885
1 588
2 042
2 624
2 874
Income to Minority Interest
0
0
(1)
(1)
(2)
(3)
(5)
(6)
(4)
(2)
2
3
(2)
(3)
(13)
(29)
(40)
(69)
(44)
(66)
(95)
(92)
(143)
(118)
(57)
(8)
43
30
(54)
(157)
(299)
(404)
(620)
(785)
(1 440)
(2 336)
(2 130)
(2 246)
(1 381)
(465)
(162)
244
558
635
561
566
319
358
380
259
215
271
268
353
236
179
11
(31)
(107)
(301)
(295)
(319)
(262)
(62)
5
56
101
62
(24)
(48)
(34)
(44)
(74)
(151)
(279)
(371)
(480)
(653)
(748)
(667)
(374)
(128)
55
(40)
(252)
(300)
(404)
(490)
(584)
(660)
(734)
(733)
Net Income (Common)
65
N/A
62
-5%
54
-13%
52
-4%
38
-27%
39
+2%
30
-23%
32
+9%
22
-32%
19
-14%
17
-13%
18
+10%
13
-28%
14
+8%
27
+88%
30
+14%
72
+138%
132
+83%
128
-3%
219
+72%
308
+40%
377
+23%
479
+27%
408
-15%
167
-59%
(42)
N/A
(145)
-250%
(126)
+13%
56
N/A
263
+370%
477
+81%
674
+41%
751
+11%
1 106
+47%
2 374
+115%
3 275
+38%
3 478
+6%
4 201
+21%
3 071
-27%
2 038
-34%
1 510
-26%
549
-64%
844
+54%
911
+8%
1 511
+66%
1 335
-12%
886
-34%
818
-8%
643
-21%
650
+1%
625
-4%
548
-12%
326
-40%
257
-21%
96
-62%
59
-39%
91
+55%
159
+74%
172
+8%
406
+136%
401
-1%
436
+9%
507
+16%
432
-15%
584
+35%
594
+2%
632
+6%
666
+5%
616
-7%
642
+4%
678
+6%
663
-2%
833
+26%
1 463
+76%
2 540
+74%
3 474
+37%
5 130
+48%
5 913
+15%
6 221
+5%
6 612
+6%
5 984
-10%
5 347
-11%
3 913
-27%
2 733
-30%
2 371
-13%
1 501
-37%
1 360
-9%
1 396
+3%
1 004
-28%
1 383
+38%
1 890
+37%
2 140
+13%
EPS (Diluted)
0.02
N/A
0.02
N/A
0.01
-50%
0.01
N/A
0.01
N/A
0
N/A
0
N/A
0
N/A
0.01
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0.02
N/A
0.03
+50%
0.03
N/A
0.06
+100%
0.08
+33%
0.1
+25%
0.13
+30%
0.11
-15%
0.05
-55%
-0.01
N/A
-0.04
-300%
-0.04
N/A
0.02
N/A
0.07
+250%
0.13
+86%
0.19
+46%
0.21
+11%
0.3
+43%
0.65
+117%
0.9
+38%
0.96
+7%
1.16
+21%
0.85
-27%
0.56
-34%
0.42
-25%
0.15
-64%
0.23
+53%
0.25
+9%
0.42
+68%
0.37
-12%
0.25
-32%
0.23
-8%
0.18
-22%
0.18
N/A
0.17
-6%
0.15
-12%
0.09
-40%
0.07
-22%
0.03
-57%
0.02
-33%
0.03
+50%
0.05
+67%
0.05
N/A
0.12
+140%
0.11
-8%
0.12
+9%
0.14
+17%
0.11
-21%
0.16
+45%
0.16
N/A
0.17
+6%
0.18
+6%
0.17
-6%
0.17
N/A
0.18
+6%
0.18
N/A
0.23
+28%
0.4
+74%
0.7
+75%
0.96
+37%
1.42
+48%
1.64
+15%
1.72
+5%
1.83
+6%
1.66
-9%
1.48
-11%
1.08
-27%
0.76
-30%
0.66
-13%
0.42
-36%
0.38
-10%
0.39
+3%
0.28
-28%
0.38
+36%
0.52
+37%
0.59
+13%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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