China Northern Rare Earth (Group) High-TechLtd Future Growth

Future criteria checks 4/6

China Northern Rare Earth (Group) High-TechLtd is forecast to grow earnings and revenue by 44.6% and 14.9% per annum respectively. EPS is expected to grow by 44.6% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

44.6%

Earnings growth rate

44.6%

EPS growth rate

Metals and Mining earnings growth	29.7%
Revenue growth rate	14.9%
Future return on equity	12.5%
Analyst coverage	Low
Last updated	08 Nov 2024

Recent future growth updates

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Sep 02

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 01

Recent updates

China Northern Rare Earth (Group) High-Tech Co.,Ltd's (SHSE:600111) 29% Jump Shows Its Popularity With Investors

Nov 06

China Northern Rare Earth (Group) High-TechLtd's (SHSE:600111) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 05

China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Has A Pretty Healthy Balance Sheet

Oct 08

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Sep 02

China Northern Rare Earth (Group) High-Tech Co.,Ltd's (SHSE:600111) Popularity With Investors Is Clear

Aug 19

Slowing Rates Of Return At China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Leave Little Room For Excitement

Jul 29

Here's Why China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Can Manage Its Debt Responsibly

Jun 08

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 01

Returns On Capital Are Showing Encouraging Signs At China Northern Rare Earth (Group) High-TechLtd (SHSE:600111)

Apr 08

Earnings and Revenue Growth Forecasts

SHSE:600111 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	42,303	3,686	1,956	2,416	4
12/31/2025	35,814	2,669	857	1,786	5
12/31/2024	31,708	1,561	3,522	3,655	5
9/30/2024	30,134	1,396	951	1,795	N/A
6/30/2024	30,004	1,360	981	1,633	N/A
3/31/2024	30,027	1,501	673	1,328	N/A
12/31/2023	33,497	2,371	1,314	2,428	N/A
9/30/2023	34,185	2,733	295	1,744	N/A
6/30/2023	33,614	3,913	-716	827	N/A
3/31/2023	36,682	5,348	2,247	3,772	N/A
12/31/2022	37,260	5,984	3,726	4,741	N/A
9/30/2022	34,315	6,612	5,846	6,799	N/A
6/30/2022	35,817	6,222	7,025	7,669	N/A
3/31/2022	33,666	5,862	4,667	5,116	N/A
12/31/2021	30,408	5,130	3,465	3,794	N/A
9/30/2021	30,104	3,532	2,251	2,468	N/A
6/30/2021	26,775	2,609	1,152	1,377	N/A
3/31/2021	23,896	1,594	567	730	N/A
12/31/2020	21,903	912	479	640	N/A
9/30/2020	19,897	684	752	959	N/A
6/30/2020	19,421	689	511	689	N/A
3/31/2020	18,696	642	872	1,073	N/A
12/31/2019	18,092	616	681	888	N/A
9/30/2019	18,723	666	269	464	N/A
6/30/2019	16,780	632	245	425	N/A
3/31/2019	14,890	594	-1,235	-1,085	N/A
12/31/2018	13,955	584	-887	-699	N/A
9/30/2018	12,427	432	-3,404	-3,257	N/A
6/30/2018	11,822	507	N/A	-2,661	N/A
3/31/2018	11,295	436	N/A	-1,050	N/A
12/31/2017	10,204	401	N/A	-1,809	N/A
9/30/2017	8,642	406	N/A	-341	N/A
6/30/2017	6,970	172	N/A	-454	N/A
3/31/2017	6,248	159	N/A	-59	N/A
12/31/2016	5,113	91	N/A	101	N/A
9/30/2016	5,622	59	N/A	1,322	N/A
6/30/2016	5,542	96	N/A	1,071	N/A
3/31/2016	5,651	257	N/A	2,045	N/A
12/31/2015	6,549	326	N/A	2,708	N/A
9/30/2015	6,534	548	N/A	2,647	N/A
6/30/2015	6,678	625	N/A	2,918	N/A
3/31/2015	6,445	649	N/A	1,433	N/A
12/31/2014	5,838	643	N/A	697	N/A
9/30/2014	5,507	818	N/A	-563	N/A
6/30/2014	6,025	886	N/A	195	N/A
3/31/2014	7,261	1,335	N/A	1,546	N/A
12/31/2013	8,472	1,511	N/A	1,135	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600111's forecast earnings growth (44.6% per year) is above the savings rate (2.8%).

Earnings vs Market: 600111's earnings (44.6% per year) are forecast to grow faster than the CN market (25.9% per year).

High Growth Earnings: 600111's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600111's revenue (14.9% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 600111's revenue (14.9% 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 low in 3 years time (12.5%).

China Northern Rare Earth (Group) High-TechLtd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 27%

Price target increased by 7.3% to CN¥23.90

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Price target decreased by 8.4% to CN¥23.17

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Consensus EPS estimates fall by 28%

Recent updates

Consensus EPS estimates fall by 27%

China Northern Rare Earth (Group) High-Tech Co.,Ltd's (SHSE:600111) 29% Jump Shows Its Popularity With Investors

China Northern Rare Earth (Group) High-TechLtd's (SHSE:600111) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Investor sentiment improves as stock rises 22%

Price target increased by 7.3% to CN¥23.90

Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.09 in 3Q 2023)

China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Has A Pretty Healthy Balance Sheet

China Northern Rare Earth (Group) High-Tech Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 25%

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Second quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.037 profit in 2Q 2023)

China Northern Rare Earth (Group) High-Tech Co.,Ltd's (SHSE:600111) Popularity With Investors Is Clear

Slowing Rates Of Return At China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Leave Little Room For Excitement

China Northern Rare Earth (Group) High-Tech Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024

Dividend of CN¥0.07 announced

Here's Why China Northern Rare Earth (Group) High-TechLtd (SHSE:600111) Can Manage Its Debt Responsibly

Less than half of directors are independent

Price target decreased by 8.4% to CN¥23.17

China Northern Rare Earth (Group) High-Tech Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 28%

China Northern Rare Earth (Group) High-Tech Co.,Ltd, Annual General Meeting, May 14, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Returns On Capital Are Showing Encouraging Signs At China Northern Rare Earth (Group) High-TechLtd (SHSE:600111)

China Northern Rare Earth (Group) High-Tech Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 15%

China Northern Rare Earth (Group) High-Tech Co.,Ltd to Report Fiscal Year 2023 Results on Apr 19, 2024

Consensus revenue estimates decrease by 20%

Price target decreased by 26% to CN¥29.44

Consensus EPS estimates fall by 40%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

China Northern Rare Earth (Group) High-Tech Co.,Ltd to Report Q3, 2023 Results on Oct 24, 2023

Consensus revenue estimates fall by 23%

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

High number of new directors

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to CN¥39.62

High number of new directors

Investor sentiment improved over the past week

Price target decreased to CN¥39.62

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

High number of new directors

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to CN¥58.29

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.05 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.051 in 2Q 2020)

Consensus forecasts updated

Price target increased to CN¥28.66

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Consensus revenue estimates increase to CN¥27.7b

Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.17 in FY 2019)

New 90-day high: CN¥20.15

New 90-day high: CN¥19.34

China Northern Rare Earth (Group) High-Tech Co.,Ltd to Report Fiscal Year 2020 Results on Apr 15, 2021

New 90-day high: CN¥14.55

Market bids up stock over the past week

New 90-day high: CN¥12.72

New 90-day low: CN¥10.07