China Northern Rare Earth (Group) High-TechLtd
Market Cap
CN¥78.0b
Last Updated
2021/03/07 09:01 UTC
Data Sources
Company Financials +
Executive Summary
China Northern Rare Earth (Group) High-Tech Co.,Ltd produces and sells rare earth raw materials in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with concerning outlook.
Share Price & News
How has China Northern Rare Earth (Group) High-TechLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600111 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 600111's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.
Market Performance
7 Day Return
4.4%
600111
1.9%
CN Metals and Mining
-0.1%
CN Market
1 Year Return
123.5%
600111
29.4%
CN Metals and Mining
19.1%
CN Market
Return vs Industry: 600111 exceeded the CN Metals and Mining industry which returned 29.4% over the past year.
Return vs Market: 600111 exceeded the CN Market which returned 19.1% over the past year.
Shareholder returns
| 600111 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 1.9% | -0.1% |
| 30 Day | 32.3% | 7.3% | -1.8% |
| 90 Day | 61.8% | 12.0% | 0.7% |
| 1 Year | 123.5%123.5% | 31.5%29.4% | 21.0%19.1% |
| 3 Year | 61.0%59.9% | 7.7%2.3% | 24.1%18.0% |
| 5 Year | 82.9%81.1% | 38.0%31.1% | 46.7%36.7% |
Long-Term Price Volatility Vs. Market
How volatile is China Northern Rare Earth (Group) High-TechLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is China Northern Rare Earth (Group) High-TechLtd undervalued compared to its fair value and its price relative to the market?
117.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600111 (CN¥21.59) is trading above our estimate of fair value (CN¥11.23)
Significantly Below Fair Value: 600111 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600111 is poor value based on its PE Ratio (117.8x) compared to the CN Metals and Mining industry average (33.7x).
PE vs Market: 600111 is poor value based on its PE Ratio (117.8x) compared to the CN market (34.7x).
Price to Earnings Growth Ratio
PEG Ratio: 600111 is poor value based on its PEG Ratio (6.5x)
Price to Book Ratio
PB vs Industry: 600111 is overvalued based on its PB Ratio (7.7x) compared to the CN Metals and Mining industry average (2.2x).
Next Steps
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 1 analyst?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600111's forecast earnings growth (18% per year) is above the savings rate (3.3%).
Earnings vs Market: 600111's earnings (18% per year) are forecast to grow slower than the CN market (24.8% per year).
High Growth Earnings: 600111's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600111's revenue (10.4% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 600111's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 600111's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has China Northern Rare Earth (Group) High-TechLtd performed over the past 5 years?
25.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600111 has a large one-off gain of CN¥207.5M impacting its September 30 2020 financial results.
Growing Profit Margin: 600111's current net profit margins (3.4%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 600111's earnings have grown significantly by 25% per year over the past 5 years.
Accelerating Growth: 600111's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600111 had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (7.1%).
Return on Equity
High ROE: 600111's Return on Equity (5.3%) is considered low.
Next Steps
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¥18.6B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 600111's short term assets (CN¥18.6B) exceed its long term liabilities (CN¥7.0B).
Debt to Equity History and Analysis
Debt Level: 600111's debt to equity ratio (70.5%) is considered high.
Reducing Debt: 600111's debt to equity ratio has increased from 33.9% to 70.5% over the past 5 years.
Debt Coverage: 600111's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 600111's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Next Steps
Dividend
What is China Northern Rare Earth (Group) High-TechLtd current dividend yield, its reliability and sustainability?
0.32%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 600111's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 600111's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 600111's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 600111's dividend payments have been 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?
3.1yrs
Average management tenure
CEO
Jinling Li (52 yo)
3.08yrs
Tenure
Mr. Jinling Li has been General Manger and Secretary at China Northern Rare Earth (Group) High-Tech Co. Ltd. since February 28, 2018 and August 18, 2011 respectively. Mr. Li served as Deputy General Manage...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM, Secretary & Director | 3.08yrs | no data | no data | |
| Deputy GM | 4.5yrs | CN¥503.50k | no data | |
| Deputy General Manager | 9.42yrs | CN¥528.00k | no data | |
| Secretary of the Board | 2.83yrs | CN¥477.20k | no data | |
| Deputy General Manager | 1yr | no data | no data |
3.1yrs
Average Tenure
52yo
Average Age
Experienced Management: 600111's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM, Secretary & Director | 3.08yrs | no data | no data | |
| Deputy GM | 4.5yrs | CN¥503.50k | no data | |
| Independent Director | 6.25yrs | CN¥70.00k | no data | |
| Vice Chairman of the Board | 14.83yrs | CN¥70.00k | no data | |
| Non-Independent Director | 6.25yrs | CN¥474.50k | no data | |
| Non-Independent Director | 9.42yrs | CN¥742.80k | no data | |
| Chairman of the Board | 3.08yrs | no data | no data | |
| Independent Director | 3yrs | CN¥70.00k | no data | |
| Independent Director | 3yrs | CN¥70.00k | no data | |
| Non-Independent Director | 9.42yrs | CN¥70.00k | no data | |
| Non-Independent Director | 3yrs | no data | no data | |
| Chairman of Board of Supervisors | 3yrs | no data | no data |
5.4yrs
Average Tenure
56.5yo
Average Age
Experienced Board: 600111's board of directors are considered experienced (5.4 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 company bio, 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¥78.049b
- 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
| 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 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 09:01 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.