600111 Stock Overview
China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China and internationally.
China Northern Rare Earth (Group) High-TechLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥26.56|
|52 Week High||CN¥57.34|
|52 Week Low||CN¥26.54|
|1 Month Change||-11.94%|
|3 Month Change||-19.73%|
|1 Year Change||-40.01%|
|3 Year Change||143.00%|
|5 Year Change||70.80%|
|Change since IPO||1,991.01%|
Recent News & Updates
|600111||CN Metals and Mining||CN Market|
Return vs Industry: 600111 underperformed the CN Metals and Mining industry which returned -19.9% over the past year.
Return vs Market: 600111 underperformed the CN Market which returned -19.2% over the past year.
|600111 Average Weekly Movement||5.2%|
|Metals and Mining Industry Average Movement||6.4%|
|Market Average Movement||5.8%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.8%|
Stable Share Price: 600111 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 600111's weekly volatility (5%) has been stable over the past year.
About the Company
China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China and internationally. It offers rare earth salts, oxides, and metals; rare earth functional materials, such as rare earth magnetic, polishing, hydrogen storage, luminescent, and catalytic materials; and rare earth products in the areas of nickel-hydrogen power batteries, rare earth permanent magnetic resonance instruments, and LED lamp beads. The company was formerly known as Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co., Ltd.
China Northern Rare Earth (Group) High-TechLtd Fundamentals Summary
|600111 fundamental statistics|
Is 600111 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|600111 income statement (TTM)|
|Cost of Revenue||CN¥25.59b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.72|
|Net Profit Margin||17.37%|
How did 600111 perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is 600111 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 600111?
Other financial metrics that can be useful for relative valuation.
|What is 600111's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 600111's PE Ratio compare to its peers?
|600111 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
603799 Zhejiang Huayou CobaltLtd
002460 Ganfeng Lithium Group
000933 Henan Shenhuo Coal & PowerLtd
600111 China Northern Rare Earth (Group) High-TechLtd
Price-To-Earnings vs Peers: 600111 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (19.3x).
Price to Earnings Ratio vs Industry
How does 600111's PE Ratio compare vs other companies in the CN Metals and Mining Industry?
Price-To-Earnings vs Industry: 600111 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the CN Metals and Mining industry average (26.9x)
Price to Earnings Ratio vs Fair Ratio
What is 600111's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||15.4x|
|Fair PE Ratio||28.9x|
Price-To-Earnings vs Fair Ratio: 600111 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (28.9x).
Share Price vs Fair Value
What is the Fair Price of 600111 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600111 (CN¥26.56) is trading above our estimate of fair value (CN¥22.93)
Significantly Below Fair Value: 600111 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is China Northern Rare Earth (Group) High-TechLtd forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600111's forecast earnings growth (28.3% per year) is above the savings rate (3.2%).
Earnings vs Market: 600111's earnings (28.3% per year) are forecast to grow faster than the CN market (25.8% per year).
High Growth Earnings: 600111's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600111's revenue (17.4% per year) is forecast to grow slower than the CN market (18% per year).
High Growth Revenue: 600111's revenue (17.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600111's Return on Equity is forecast to be high in 3 years time (31.1%)
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How has China Northern Rare Earth (Group) High-TechLtd performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600111 has high quality earnings.
Growing Profit Margin: 600111's current net profit margins (17.4%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: 600111's earnings have grown significantly by 61.9% per year over the past 5 years.
Accelerating Growth: 600111's earnings growth over the past year (138.4%) exceeds its 5-year average (61.9% per year).
Earnings vs Industry: 600111 earnings growth over the past year (138.4%) exceeded the Metals and Mining industry 7%.
Return on Equity
High ROE: 600111's Return on Equity (31.5%) is considered high.
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How is China Northern Rare Earth (Group) High-TechLtd's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 600111's short term assets (CN¥26.7B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: 600111's short term assets (CN¥26.7B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 600111's net debt to equity ratio (0.09%) is considered satisfactory.
Reducing Debt: 600111's debt to equity ratio has reduced from 61.2% to 34.1% over the past 5 years.
Debt Coverage: 600111's debt is well covered by operating cash flow (101.8%).
Interest Coverage: 600111's interest payments on its debt are well covered by EBIT (41.8x coverage).
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What is China Northern Rare Earth (Group) High-TechLtd current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|China Northern Rare Earth (Group) High-TechLtd Dividend Yield vs Market|
|Company (China Northern Rare Earth (Group) High-TechLtd)||1.7%|
|Market Bottom 25% (CN)||0.5%|
|Market Top 25% (CN)||2.2%|
|Industry Average (Metals and Mining)||2.9%|
|Analyst forecast in 3 Years (China Northern Rare Earth (Group) High-TechLtd)||2.6%|
Notable Dividend: 600111's dividend (1.68%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600111's dividend (1.68%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Stability and Growth of Payments
Stable Dividend: 600111's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600111's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), 600111's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.9%), 600111's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yedong Qu (47 yo)
Mr. Yedong Qu is the General Manager of China Northern Rare Earth (Group) High-Tech Co.,Ltd since January 28, 2021 and its Director since May 7, 2021.
Experienced Management: 600111's management team is considered experienced (4.4 years average tenure).
Experienced Board: 600111's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
China Northern Rare Earth (Group) High-Tech Co.,Ltd's employee growth, exchange listings and data sources
- Name: China Northern Rare Earth (Group) High-Tech Co.,Ltd
- Ticker: 600111
- Exchange: SHSE
- Founded: 1961
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: CN¥96.016b
- Shares outstanding: 3.62b
- Website: https://www.reht.com
Number of Employees
- China Northern Rare Earth (Group) High-Tech Co.,Ltd
- No. 83, Huanghe Road
- Rare Earth High-tech Ind. Dev Zn
- Inner Mongolia Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|600111||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Jul 2001|
|600111||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Jul 2001|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.