China Northern Rare Earth (Group) High-TechLtd Past Earnings Performance
Past criteria checks 2/6
China Northern Rare Earth (Group) High-TechLtd has been growing earnings at an average annual rate of 16.7%, while the Metals and Mining industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 11.9% per year. China Northern Rare Earth (Group) High-TechLtd's return on equity is 6.9%, and it has net margins of 4.6%.
Key information
16.7%
Earnings growth rate
16.7%
EPS growth rate
| Metals and Mining Industry Growth | 13.1% |
| Revenue growth rate | 11.9% |
| Return on equity | 6.9% |
| Net Margin | 4.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How China Northern Rare Earth (Group) High-TechLtd makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 30,134 | 1,396 | 1,129 | 194 |
| 30 Jun 24 | 30,004 | 1,360 | 1,021 | 199 |
| 31 Mar 24 | 30,027 | 1,501 | 1,059 | 260 |
| 31 Dec 23 | 33,497 | 2,371 | 1,079 | 244 |
| 30 Sep 23 | 34,185 | 2,733 | 909 | 245 |
| 30 Jun 23 | 33,614 | 3,913 | 1,098 | 270 |
| 31 Mar 23 | 36,682 | 5,348 | 1,077 | 245 |
| 31 Dec 22 | 37,260 | 5,984 | 1,080 | 255 |
| 30 Sep 22 | 34,315 | 6,612 | 1,218 | 235 |
| 30 Jun 22 | 35,817 | 6,222 | 1,050 | 205 |
| 31 Mar 22 | 33,666 | 5,862 | 1,102 | 178 |
| 31 Dec 21 | 30,408 | 5,130 | 1,053 | 161 |
| 30 Sep 21 | 30,104 | 3,532 | 1,085 | 179 |
| 30 Jun 21 | 26,775 | 2,609 | 1,024 | 156 |
| 31 Mar 21 | 23,896 | 1,594 | 990 | 136 |
| 31 Dec 20 | 21,903 | 912 | 948 | 109 |
| 30 Sep 20 | 19,897 | 684 | 901 | 86 |
| 30 Jun 20 | 19,421 | 689 | 904 | 79 |
| 31 Mar 20 | 18,696 | 642 | 849 | 75 |
| 31 Dec 19 | 18,092 | 616 | 860 | 73 |
| 30 Sep 19 | 18,723 | 666 | 905 | 74 |
| 30 Jun 19 | 16,780 | 632 | 839 | 61 |
| 31 Mar 19 | 14,890 | 594 | 773 | 53 |
| 31 Dec 18 | 13,955 | 584 | 745 | 53 |
| 30 Sep 18 | 12,427 | 432 | 754 | 91 |
| 30 Jun 18 | 11,822 | 507 | 667 | 82 |
| 31 Mar 18 | 11,295 | 436 | 730 | 76 |
| 31 Dec 17 | 10,204 | 401 | 727 | 63 |
| 30 Sep 17 | 8,642 | 406 | 741 | 0 |
| 30 Jun 17 | 6,970 | 172 | 768 | 0 |
| 31 Mar 17 | 6,248 | 159 | 681 | 0 |
| 31 Dec 16 | 5,113 | 91 | 724 | 0 |
| 30 Sep 16 | 5,622 | 59 | 573 | 0 |
| 30 Jun 16 | 5,542 | 96 | 732 | 0 |
| 31 Mar 16 | 5,651 | 257 | 745 | 0 |
| 31 Dec 15 | 6,549 | 326 | 754 | 0 |
| 30 Sep 15 | 6,534 | 548 | 920 | 0 |
| 30 Jun 15 | 6,678 | 625 | 861 | 0 |
| 31 Mar 15 | 6,445 | 649 | 871 | 0 |
| 31 Dec 14 | 5,838 | 643 | 876 | 0 |
| 30 Sep 14 | 5,507 | 818 | 873 | 0 |
| 30 Jun 14 | 6,025 | 886 | 868 | 0 |
| 31 Mar 14 | 7,261 | 1,335 | 840 | 0 |
| 31 Dec 13 | 8,472 | 1,511 | 904 | 0 |
Quality Earnings: 600111 has high quality earnings.
Growing Profit Margin: 600111's current net profit margins (4.6%) are lower than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600111's earnings have grown by 16.7% 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 (-48.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (-2.3%).
Return on Equity
High ROE: 600111's Return on Equity (6.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Northern Rare Earth (Group) High-Tech Co.,Ltd is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yukun LE | BOCI Research Ltd. |
| Weijiang He | Central China Securities Co., Ltd. |
| Zheng Wang | China International Capital Corporation Limited |