| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 6/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
600111 Overview
China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥44.27 |
| 52 Week High | CN¥9.94 |
| 52 Week Low | CN¥62.10 |
| Beta | -0.15 |
| 1 Month Change | -9.78% |
| 3 Month Change | 113.87% |
| 1 Year Change | 309.91% |
| 3 Year Change | 332.75% |
| 5 Year Change | 258.17% |
| Change since IPO | 3,385.27% |
Recent News & Updates
Shareholder Returns
| 600111 | CN Metals and Mining | CN Market | |
|---|---|---|---|
| 7D | -11.1% | -9.2% | -1.2% |
| 1Y | 309.9% | 66.3% | 12.6% |
Return vs Industry: 600111 exceeded the CN Metals and Mining industry which returned 66.3% over the past year.
Return vs Market: 600111 exceeded the CN Market which returned 12.6% over the past year.
Price Volatility
| 600111 volatility | |
|---|---|
| 600111 Beta | -0.15 |
| Industry Beta | 0.66 |
| Market Beta | 1 |
Stable Share Price: 600111 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 600111's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | 9,111 | Yedong Qu | https://www.reht.com |
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 | |
|---|---|
| Market Cap | CN¥159.79b |
| Earnings (TTM) | CN¥2.53b |
| Revenue (TTM) | CN¥26.12b |
63.3x
P/E Ratio6.1x
P/S RatioIs 600111 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 600111 income statement (TTM) | |
|---|---|
| Revenue | CN¥26.12b |
| Cost of Revenue | CN¥21.21b |
| Gross Profit | CN¥4.91b |
| Expenses | CN¥2.38b |
| Earnings | CN¥2.53b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.70 |
| Gross Margin | 18.78% |
| Net Profit Margin | 9.68% |
| Debt/Equity Ratio | 59.7% |
How did 600111 perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield10%
Payout RatioValuation
Is China Northern Rare Earth (Group) High-TechLtd undervalued compared to its fair value and its price relative to the market?
10.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600111 (CN¥44.27) is trading below our estimate of fair value (CN¥49.17)
Significantly Below Fair Value: 600111 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 600111 is poor value based on its PE Ratio (63.3x) compared to the CN Metals and Mining industry average (29.6x).
PE vs Market: 600111 is poor value based on its PE Ratio (63.3x) compared to the CN market (33.5x).
Price to Earnings Growth Ratio
PEG Ratio: 600111 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 600111 is overvalued based on its PB Ratio (13.1x) compared to the CN Metals and Mining industry average (2.8x).
Future Growth
How is China Northern Rare Earth (Group) High-TechLtd forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
48.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600111's forecast earnings growth (48.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 600111's earnings (48.7% per year) are forecast to grow faster than the CN market (23% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600111's revenue (21.5% per year) is forecast to grow faster than the CN market (18.2% per year).
High Growth Revenue: 600111's revenue (21.5% per year) is forecast to grow faster 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 (35.6%)
Past Performance
How has China Northern Rare Earth (Group) High-TechLtd performed over the past 5 years?
45.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600111 has high quality earnings.
Growing Profit Margin: 600111's current net profit margins (9.7%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: 600111's earnings have grown significantly by 45.4% per year over the past 5 years.
Accelerating Growth: 600111's earnings growth over the past year (267%) exceeds its 5-year average (45.4% per year).
Earnings vs Industry: 600111 earnings growth over the past year (267%) exceeded the Metals and Mining industry 56.4%.
Return on Equity
High ROE: 600111's Return on Equity (17.7%) is considered low.
Financial Health
How is China Northern Rare Earth (Group) High-TechLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 600111's short term assets (CN¥21.9B) exceed its short term liabilities (CN¥8.2B).
Long Term Liabilities: 600111's short term assets (CN¥21.9B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 600111's debt to equity ratio (59.7%) is considered high.
Reducing Debt: 600111's debt to equity ratio has increased from 38.2% to 59.7% over the past 5 years.
Debt Coverage: 600111's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 600111's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
Dividend
What is China Northern Rare Earth (Group) High-TechLtd current dividend yield, its reliability and sustainability?
0.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600111's dividend (0.16%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.43%).
High Dividend: 600111's dividend (0.16%) is low compared to the top 25% of dividend payers in the CN market (1.84%).
Stability and Growth of Payments
Stable Dividend: 600111 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.
Growing Dividend: 600111 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 600111 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 600111's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Yedong Qu (45 yo)
0.67
Tenure
CN¥524,400
Compensation
Mr. Yedong Qu is the General Manager of China Northern Rare Earth (Group) High-Tech Co.,Ltd since January 28, 2021.
Leadership Team
Experienced Management: 600111's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: 600111's board of directors are considered experienced (3.5 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China Northern Rare Earth (Group) High-Tech Co.,Ltd's employee growth, exchange listings and data sources
Key Information
- Name: China Northern Rare Earth (Group) High-Tech Co.,Ltd
- Ticker: 600111
- Exchange: SHSE
- Founded: 1961
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CN¥159.786b
- Shares outstanding: 3.62b
- Website: https://www.reht.com
Number of Employees
Location
- China Northern Rare Earth (Group) High-Tech Co.,Ltd
- No. 83, Huanghe Road
- Rare Earth High-tech Industrial Development Zone
- Baotou
- Inner Mongolia Province
- 14030
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/28 09:02 |
| End of Day Share Price | 2021/09/28 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.